The bill would create a framework for an official digital currency and “prohibit all private cryptocurrencies in India,” according to Tuesday’s announcement by the Lok Sabha, India’s house of representatives. It will be on the legislature’s agenda when it convenes for the winter session on November 29. India’s previous ban …
Read More »Beijing deals another major blow to China’s Big Tech
The State Administration for Market Regulation (SAMR) slapped fines of $78,300 on each corporation, saying they failed to declare 43 deals, dating back to 2012, to the proper authorities. The list of antitrust violation cases that have been brought to light include Beijing Baidu Wangxun Technology and Nanjing Wangdian Technology’s joint …
Read More »Putin warns Belarus of major fallout if it cuts off gas to EU
Putin said he was blindsided by Lukashenko’s suggestion to disrupt exports through Belarusian territory if Brussels hits Minsk with more sanctions. “Nothing good will come out of it,” the Russian leader told Moscow’s Rossiya-1 TV channel on Saturday. He added that Lukashenko had not brought up the idea of shutting down …
Read More »Rolls-Royce goes nuclear: Major automaker to produce ‘miniature reactors’
The government, lately uneager to greenlight large-scale nuclear projects despite energy shortages, is ready to invest $283 million into a Rolls-Royce project to construct Small Modular Reactors, or SMRs, for nuclear power generation. Rolls-Royce, which will own some 80% of the project, is to invest another $263 million along with …
Read More »Bitcoin price hits all-time high, while major card issuer embraces crypto in Asia Pacific
Reaching an all-time high of $68,382, bitcoin rose by nearly 5% during Asian trading hours on Tuesday. As of 05:30 GMT, the rally slowed, but the cryptocurrency was still trading close to the $68,000 mark. Since the start of October, bitcoin has been bullish, with the crypto market in total …
Read More »Fears 5G may cause ‘major disruptions’ for AIRCRAFT delay rollout
The planned December 5th rollout across C-band frequencies, which offer “good-to-great speed” across the mid-range of the radio frequency spectrum, will be delayed until at least January 5th, AT&T and Verizon announced on Thursday. The companies are hoping to work with the FAA to address its concerns regarding potential interference …
Read More »‘It will not go unpunished’: a major war is brewing in North Africa
The incident is just the latest in a months-long dispute between the two North African nations, but this ever-escalating feud could quickly turn into something much bigger and even be a trigger for Western intervention. This Wednesday, Algeria’s national broadcaster, Ennahar, stated that on November 1 a “barbaric bombing” had …
Read More »Major anti-terrorist joint drills staged by Russia & post-Soviet allies conclude on Afghan border in Tajikistan (VIDEO)
The exercise, which took place close to the Afghan border, concluded in southern Tajikistan on Saturday. Six CSTO nations, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan, took part in the drills. Over 4,000 soldiers from the CSTO countries with more than 500 pieces of various military hardware honed their anti-terrorist …
Read More »As report reveals more US soldiers died from suicide than Covid, US major general complains army won’t allow her French manicure
Clyborne posted a photo to Twitter which showed her removing her manicure on Thursday evening. “Why the Army thinks a French Manicure is an ‘obnoxious’ color compared to the civilian world which views it as an understated yet professional look is beyond me,” she complained, adding, “But I have to …
Read More »Washington, DC metro train DERAILS in tunnel, major line shut down during rush hour
Service between the Pentagon and Foggy Bottom was suspended on Tuesday afternoon, after a Blue Line train derailed in the Rosslyn tunnel, local media reported. Only one of the cars in the train, with 25 passengers on board, had lost contact with the rails – but that stranded the entire …
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