El Salvador on Tuesday becomes the first country in the world to accept bitcoin as legal tender, despite widespread domestic skepticism and international warnings of risks for consumers. President Nayib Bukele’s government…
MoreChina’s plan to expand its anti-sanctions law into Hong Kong is a fresh compliance headache for international banks already caught up in deteriorating relations between Beijing and major western powers, analysts and…
MoreBeijing scrambled to calm investors after a crackdown on some of China’s biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported. The call hosted…
MoreKuala Lumpur(AFP): Malaysian police hit on a novel way to dispose of more than 1,000 bitcoin-mining machines seized in raids — they crushed the devices using a steamroller. Authorities on Borneo island…
MoreSpain: The news of Cows’ death from starvation is doing rounds on social media. At the end of December, about 1,800 cattle sailed from Spain to Turkey aboard a ship called the…
MoreThe IMF is bullish on the US economic recovery, predicting growth will hit 7 percent this year — much stronger than previously forecast and “the fastest pace in a generation,” the Fund…
MoreLawyers for the Trump Organization were making a last-ditch effort on Monday to ward off what appeared to be an impeding criminal indictment of the ex-president’s company, according to US media. A…
MoreUS airlines are scrambling to ramp back up to meet soaring travel demand that has transformed America’s airports from cavernous to crowded almost overnight. The surge in pent-up demand is exposing immediate…
MoreUAE(AFP): Aviation giant Emirates said Sunday it will resume flights from India from next week after Dubai lifted a ban imposed when coronavirus cases spiked. The United Arab Emirates, which includes Dubai,…
MoreOPEC(AFP): Oil demand is set to rise above pre-pandemic levels by the end of next year, the IEA said Friday, but producers have sufficient capacity rise to the challenge. In its first…
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