The recent slide of the largest crypto, Bitcoin, has not only affected retail and institutional investors but one tiny nation as well – El Salvador – which had embraced the digital asset as a way to boost its impoverished economy. The country has bought at least 1,391 bitcoins using public …
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If the US imposes personal sanctions against Russian President Vladimir Putin, it would be equivalent to Washington deciding to completely sever all relations with Moscow, the Kremlin has said. Responding to a question on Thursday about draft penalties planned by a group of US senators from President Joe Biden’s Democratic …
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The Swedish government will allocate some $670 million to compensate households for skyrocketing electricity prices, Finance Minister Mikkel Damberg said at a press conference on Wednesday. “This is an exceptional measure in an exceptional situation, it is unusual to go in with support when prices fluctuate in markets,” Damberg stated …
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The US Food and Drug Administration has deregulated the making of French dressing, revoking the “standard of identity” for the salad topping. The request comes decades after the industry first called for standards to be dropped. On Thursday, the US Food and Drug Administration (FDA) tossed out the old “standard …
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The US Federal Aviation Administration (FAA) has revealed it’s in talks with aircraft manufacturers, airlines, and wireless service providers to reduce the impact of the new technology ahead of its planned launch on January 19. In notices to air missions (NOTAMs) published on Thursday, it stated that “aircraft with untested …
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A bill that would ban sitting members of the US Congress and their family members from stock trading has been introduced in the Senate. House Speaker Nancy Pelosi recently defended market access as essential in a free economy. Jon Ossoff, a Democratic senator from Georgia, joined forces with his fellow …
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Spain’s highest court has rejected a long-running lawsuit brought by former oligarch Sergey Pugachev which demanded Russia pay more than $14 billion in damages, rejecting an appeal against a previous legal ruling. On Monday, Russian media reported that the court in Madrid had dismissed the claims from the founder of …
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Russia is threatening Ukraine with a “new intervention” and putting Europe’s long-standing security architecture at risk, the EU’s High Representative for Foreign Affairs said on Wednesday. In a statement published online before a meeting of EU foreign and defense ministers in Brest, Josep Borrell said that the bloc must now …
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A fire has erupted at a commercial lot in San Bernardino, California, with firefighters seen beating back flames so they do not spread to nearby homes. The incident has reportedly caused outages in the area. The San Bernardino County Fire Department responded to a two-alarm fire at around 4:35pm local …
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