Originally published at: https://peakprosperity.com/daily-digest/rupee-reaches-record-lows-ai-suggests-ivermectin-and-fenbendazole-for-cancer-treatment/
Economy
India is facing economic challenges as the rupee reaches record lows and the stock market experiences volatility. The Reserve Bank of India is reportedly depleting its reserves, and the government has revised its growth expectations downward, citing errors in import data that have impacted the trade deficit. The rupee’s decline is attributed to global economic conditions and trade tensions, particularly with the US. The leadership change at the RBI may introduce policy shifts, with new Governor Sanj Multra possibly allowing more currency fluctuation to boost exports. However, this approach carries potential risks of further instability. India’s economic growth forecast has been downgraded to 6.4%, reflecting a return to pre-pandemic levels. Additionally, the Indian government has revised its trade deficit figures for November, reducing the previously reported $37.8 billion to $31.83 billion due to an error in counting gold imports, which were initially double-counted.
Geopolitics
In a recent discussion, Tucker Carlson and journalist Michael Shellenberger speculated on a potential exposé regarding US government activities, particularly focusing on alleged biological labs in Ukraine. They raised concerns about the development of biological weapons and the potential for US-supplied arms to be sold on the black market. The conversation also touched on broader issues of transparency and the need for disclosure of hidden information, including the origins of COVID-19. The U.S. Department of Defense has stated that its involvement in Ukraine is aimed at biological threat reduction, not weapon development, and fact-checking organizations have debunked claims of U.S. biological weapons labs in Ukraine.
Health
The UK is advancing its position in the AI sector by granting tech companies access to NHS health data. This initiative aims to create a national data library to support AI development, with assurances from the government regarding responsible data use. The plan includes increasing AI computing power and reforming immigration to support tech start-ups. Meanwhile, AI research has suggested the potential of repurposed drugs like Ivermectin and Fenbendazole for cancer treatment, which could complement standard cancer therapies. However, the American Cancer Society cautions against the use of Ivermectin for cancer treatment due to a lack of large-scale clinical trials and potential risks associated with off-label use.
Environment
California faces controversy over wildfire prevention efforts halted to protect the endangered Braunton’s milkvetch shrub. The Palisades Fire consumed nearly 24,000 acres, including much of Topanga Canyon. Critics argue that environmental regulations delayed necessary fire prevention measures. The incident has sparked political debate, with President-elect Donald Trump criticizing Governor Gavin Newsom’s conservation policies. The situation highlights the tension between environmental protection and disaster preparedness. Governor Newsom has emphasized the complexity of managing both environmental and human safety concerns, stating that the state is investing heavily in fire prevention.
US Politics
Democrats, including Gavin Newsom and Elizabeth Warren, have been accused of diverting donations intended for California wildfire victims to political PACs. Allegations suggest that funds were redirected through ActBlue Charities, a political Super PAC for Democratic candidates. This has raised concerns about transparency and the use of charitable donations. In a separate issue, the job market for M.B.A. graduates, even from prestigious institutions like Harvard, is reportedly becoming more challenging. A significant percentage of graduates remain job hunting months after graduation, reflecting a shift in employer recruitment strategies. Elizabeth Warren has stated that the donation link error has been corrected to ensure funds reach the intended recipients, and Gavin Newsom clarified that donations are managed by ActBlue Charities, which operates independently of political campaigns.
Sources
India’s Economic Turmoil: Rupee Plummets, Stock Market Crashes, and Government Scrambles Amid Global Uncertainty
India, like Brazil, is the poster child: falling currency, crashing stocks, flummoxed officials, fake data, monetary illiquidity—it’s got it all.
Source | Submitted by rhollenb
Tucker Carlson and Michael Shellenberger Discuss Potential U.S. Government Exposé on Ukraine Bio Labs
“The Scariest Thing That’s Ever Happened”: Will The “Twitter Files” For Entire U.S. Government Expose Bio Labs In Ukraine?
Source | Submitted by PhilH
The Hidden Dangers of Financial Transaction Control: Protecting Our Children from a Digital Dystopia
Perhaps the hardest thing to imagine about the secret life of the cryptocracy is that it isn’t a subculture at all: it’s a superculture.
~ Jasun Horsley
Source | Submitted by bcoop
AI’s Unfiltered Verdict: Ivermectin Tops $12 Billion Cancer Drug in 2025 Rankings
AI is blind to much censorship and industry corruption as it freely proclaims a 3-cent drug potentially superior to a 12-billion-dollar FDA darling.
Source | Submitted by Boomer41
UK to Open NHS Data to Tech Giants in Bid to Lead Global AI Race
Ministers are preparing to open up the UK’s vast store of NHS health data to big tech companies in an effort to put the country at the heart of the global AI revolution.
Source | Submitted by Shplad
Democrats Accused of Diverting California Wildfire Donations to Political PACs
Be wary of your donations, as the funds may be abused for personal use.
Source | Submitted by bcoop
California’s Fiery Dilemma: Rare Shrub Protection Halts Fire Prevention, Sparks Controversy Amid Devastating Blaze
California’s eco-regulators halted a critical wildfire prevention project near Pacific Palisades to protect an endangered shrub – only for that same area to be engulfed in flames during the Palisades Fire, the most destructive blaze in Los Angeles history.
Source | Submitted by bcoop
Harvard M.B.A.s Face Job Market Reality Check: Prestige Alone No Longer Guarantees Employment
Going to Harvard is not going to be a differentiator. You have to have the skills.
Source (Paywalled) | Submitted by IrishPrince
In addition to sources submitted by community members, the following were also used in the creation of this report: Bloomberg, DoD X post, American Cancer Society, Reuters, The Intercept.