Thai PM to reshuffle cabinet by next month after economic team quits By Reuters

© Reuters. ASEAN leaders attend closing ceremony of the 35th ASEAN Summit in Bangkok

BANGKOK (Reuters) – Thailand’s prime minister said on Thursday a cabinet reshuffle will take place by next month after the resignation of members of his economic team, including the finance minister.

“We have to reshuffle the cabinet so there won’t be a gap. It must be done as quickly as possible… no later than next month,” Prime Minister Prayuth Chan-ocha told reporters.

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This gold rally has been nothing short of historic and investors and analysts are betting it’s far from over

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Gold’s rally has been nothing short of historic, but 2020’s rush is still far from over, according to the investors who bought into it and the analysts being forced to continuously change their price targets.

The yellow metal’s price has surged more than US$330 per ounce since March and is now trading above US$1,800 per ounce for the first time in nine years. Miners have also benefited from the run and watched their stocks rally, while perhaps the sector’s most popular exchange-traded fund, the VanEck Vectors Gold Miners ETF, has doubled in value.

The growth potential shown by the sector is a stark reversal from the minimal returns it offered investors during the past decade as bullion was, for the most part, stuck in a range between US$1,100 and US$1,300.

One thing pushing the investment thesis for gold in 2020 has been the macroeconomic impacts of COVID-19, iTrustCapital

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Scammer behind massive Twitter hack has made only $109,000—so far

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Twitter fell victim to the largest hacking incident in its history on Tuesday as scammers hijacked the accounts of Elon Musk, Bill Gates, Kanye West, and Joe Biden, as well as those belonging to companies like Uber and Apple.

The scam began around 3 p.m. ET when hackers infiltrated the accounts of prominent cryptocurrency companies, including Coinbase and Binance. The hackers encouraged Twitter users to visit a suspicious health website and, later on Wednesday, used the celebrity accounts to send Bitcoin in promise of a reward.

It’s unclear who is behind the incidents, but early reports suggest the massive hacking operation occurred as a result of someone gaining access to Twitter’s internal security operations.

The attack, which was still underway as of late Wednesday afternoon, effectively … Read More