Paraguay Crisis: Embattled President Faces Impeachment, Criminal Probe After Bank Collapse

News18 - Nov 6, 2026

Paraguayan lawmakers have refused to accept the President's resignation, leaving open the possibility that he could lose his legal immunity and face prosecution.

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Gathering AI storm clouds doom tech stocks to darkest day in a year

Big tech stocks slumped Thursday, putting them on track for their biggest decline since the "Liberation Day" rout last year, the most significant shakeout yet in what has been a punishing autumn for the AI trade. The Nasdaq 100 index was set for market-value declines exceeding $2 trillion on investor fears that the Democratic Party's sweeping midterm victorycould stall AI infrastructure expansion and force a chaotic reckoning for smaller firms whose capacity to raise funds has already been limited by higher interest rates and tighter financial conditions. Analysts and portfolio managers said declines in once-hot areas such as semiconductors and AI infrastructure weren't entirely surprising, given the scale of earlier gains in many of these stocks and the financing concerns that have shadowed the so-called neoclouds, smaller infrastructure firms such as Nebius and CoreWeave, since US interest rates rose late in the summer. But many said the scale of the declines for a second straight day suggest a change in sentiment that could portend further selling. "Despite the magnitude of today’s

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Democrats swept the midterms. Millions watched on livestreams with their favorite influencers

The Democratic midterm sweep cemented a new front in the battle for media audiences: livestreaming, where left-leaning creators such as Hasan Piker are attracting viewers large enough to challenge established news outlets for attention. Television networks have long dominated live election coverage, but as audiences increasingly turn to online creators to make sense of major news developments, media companies are trying to turn their broadcast talent into digital personalities. That was on display Tuesday night when Comcast-owned NBC News launched the "Kornacki Cam," a nearly 11-hour livestream featuring data guru Steve Kornacki. Blending detailed analysis of incoming results with behind-the-scenes footage, it drew 29 million views across platforms and peaked at more than 300,000 concurrent viewers for nearly three hours. But some of the fiercest competition came from independent livestreamers, whose role in political coverage has grown over the past year. Chief among them was Piker, a self-described Marxist who has divided Democrats with remarks such as "America deserved 9/11." Abdul El

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US warns of 'ongoing cyber threat' to industrial refrigeration systems

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3 people have been injured in a shooting at an Iowa post office

DES MOINES, Iowa — A shooting at an Iowa post office left three people injured Thursday, authorities said. Des Moines police said the suspect has been detained and that the victims suffered injuries that are not believed to be life-threatening. “They’re all at the hospital, they are being cared for right now,” Sgt. Paul Parizek said of the victims. Parizek said officers responded within three minutes. The shooting happened on the second floor of the post office and reports started coming in of shots fired around 9:10 a.m. local time. The main post office is just north of downtown Des Moines and across the street from one of the city’s main hospitals. The building is a four-story regional sorting facility with a walk-in service counter accessible to the public. The Associated Press has several phone calls out seeking more information. Gov. Kim Reynolds said she’s in contact with the Department of Public Safety regarding the shooting. “The suspected shooter is in custody and the investigation is ongoing,” she posted online. “We are monitoring the situation and our prayers ar

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More than 600,000 rally across France to demand higher wages and school funding

PARIS — France’s Interior Ministry said more than 600,000 people rallied Thursday across France, including in Paris, to demand higher wages and school funding in nationwide strikes and demonstrations. After more than a month of large, recurring protests across France, major rallies took place again in Paris, Lyon, Marseille and elsewhere, most of which were peaceful. The Interior Ministry said the figures were still provisional. Hundreds of thousands of people joined nationwide strikes and demonstrations in France on Thursday to demand higher wages and support the student protest movement, piling fresh pressure on the beleaguered government. After more than a month of large, recurring protests across France, major rallies took place again in Paris, Lyon, Marseille and elsewhere. The Paris march began peacefully on Thursday afternoon at Place de la République. The large crowd included many students carrying signs reading, “Inequalities seriously jeopardize our future” and “We can’t spend our whole lives just trying to make a living.” They were joined by workers and retirees

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AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025

NEW YORK — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months. The S&P 500 fell 3.2 percent after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April 2025 after announcing his “Liberation Day” tariffs. The Dow Jones Industrial Average was down 1,146 points, or 2.1 percent, as of 11 a.m. Eastern time, and the Nasdaq composite was 5 percent lower. Stock markets worldwide felt pressure from continued drops for companies that benefited from the boom for the artificial-intelligence technology industry, and South Korea’s Kospi index tumbled 5.3 percent. Such stocks have been swinging for months on worries that the construction of further AI data centers may slow because of how expensive it’s become to borrow money . Tuesday’s U.S. midterm elections added another challenge. The nationwide victories by Democrats raised the possibility th

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