The UK braces for heavy snowfall just in time for Christmas, with Scotland and northern England expected to be the hardest hit. Temperatures plummet below -10C, and up to 9.5 inches of snow could accumulate. Though the forecast remains uncertain, wintry showers are likely in northern areas.

Flash floods cause significant devastation in northeastern Australia, displacing residents and causing widespread damage. The military deploys helicopters for rescue operations, and the state is expected to suffer a billion-dollar impact from the disaster.

A controversy brews as Democrats and the media redefine democracy, equating it with the power of their party and leadership. Rep. Dean Phillips faces criticism for challenging Biden as the Democratic nominee, arguing that suppressing competition poses a threat to democracy.

In a concerning trend for the UK, British companies increasingly choose to list in New York instead of their home country. Karen Snow, global head of listings at Nasdaq, notes the attraction of larger investment opportunities as a major reason for this shift. In 2023, only 23 companies listed in London, raising $1.2bn, compared to Nasdaq's 125 IPOs, which raised $13bn.

The Digest, 12/18/2023 @200AM, CDT

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