Author: potus
CFOTO | Future Publishing | Getty ImagesBitcoin dropped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market.Earlier, the price of the flagship cryptocurrency fell as low as $77,396.43, its lowest level since November, according to Coin Metrics.Stock Chart IconStock chart iconBitcoin in the past dayShares of companies linked to the crypto space also slid. Coinbase ended the day down 17.6%. Robinhood lost 19.8%, and bitcoin proxy play Strategy, formerly known as MicroStrategy, declined more than 16%.Bitcoin exchange-traded funds are coming off their fourth week in a row of outflows. They logged $867 million…
Pekín empezó a imponer aranceles el lunes a muchos productos agrícolas procedentes de Estados Unidos, para los que China es el mayor mercado exterior. Es la más reciente escalada de una lucha comercial entre las dos mayores economías del mundo.El gobierno chino anunció los aranceles la semana pasada, poco después de que el presidente Donald Trump aumentó los aranceles a los productos chinos por segunda vez desde que asumió el cargo en enero. Los aranceles de China incluirán un gravamen del 15 por ciento a productos estadounidenses como el pollo, el trigo y el maíz, así como del 10 por…
Duckworth works to reinstate veteransIllinois U.S. Sen. Tammy Duckworth is making an effort to reinstate veterans who were fired from their jobs as part of the Trump Administration’s efforts to slim down the federal government. Duckworth introduced the Protect Veterans Jobs Act on Monday, which would reinstate some of the workers. Duckworth said veterans make up more than 30 percent of the federal workforce and it is estimated that more than 6,000 veterans have been fired. Illinois city adds 1% grocery taxAnother Illinois municipality is adopting a grocery tax. In response to the state’s decision to eliminate its 1% grocery tax…
The air inside the community hall in Greenland’s capital was thick with warmth, a welcome contrast to the icy streets outside. As voters brushed snow from their coats, candidates from most of Greenland’s major parties sat down in the front of the room, ready for questions.Every seat was filled, two dozen international journalists lined the walls and a man in a black and gray sweater stepped forward to the mic.“Why is running a small business still so difficult?” he asked, his voice steady but impatient.Cameras clicked and so did the strap-on spikes that several journalists wore on their boots to…
Mark Carney, exgobernador del banco central canadiense, consiguió el liderazgo del Partido Liberal de Canadá el domingo y se convertirá en primer ministro en un momento crítico para el país, que se enfrenta a amenazas a su economía y soberanía por parte del presidente de Estados Unidos, Donald Trump.Carney, quien nunca había sido elegido para un cargo público, fue gobernador del Banco de Canadá durante la crisis financiera mundial de 2008 y gobernador del Banco de Inglaterra durante el Brexit. También fue un banquero de éxito en el sector privado, amasando una importante fortuna personal.Dominó la carrera por el liderazgo…
The contest that saw Mark Carney emerge as Liberal Party leader and soon-to-be Canada’s prime minister has turned out to be a boring fait accompli. The drama that led inevitably, it seems, to Carney’s persuasive coronation on Sunday evening occurred late last December when Prime Minister Justin Trudeau’s once-reliable confidante and trusted deputy prime minister, Chrystia Freeland, played Judas. Her surprising resignation as finance minister tipped a wounded and unpopular prime minister – inside and outside his restive caucus – over the parliamentary edge, forcing Trudeau to admit the obvious: Canada’s prince charming was no longer a prince, nor, apparently,…
A satellite dish in a ground network of satellites at Eutelsat’s Madeira office. Photographer: /Bloomberg via Getty ImagesZed Jameson | Bloomberg via Getty ImagesShares of French satellite operator Eutelsat skyrocketed almost 390% last week — and a potential change of tack in European defense has been helping the rally.The firm’s stock price saw wildly volatile moves last week, up by as much as 77% on Tuesday and by another 120% on Wednesday. From its closing price on Feb. 28 to last Friday’s close, shares have risen an eyewatering 387%.Eutelsat’s shares continued to climb on Monday, jumping more than 22% as…
Around 360 B.C., the ancient Greek philosopher Plato described a powerful, advanced island civilization that existed 9,000 years before his time. In his Socratic dialogues called Timaeus and Critias, he describes this civilization, located beyond the Pillars of Hercules (modern-day Strait of Gibraltar) as a vast, wealthy empire with glorious architecture, advanced technology, and a strong military. This great civilization, according to the dialogues, was ultimately destroyed in a cataclysmic event after societal moral decay and it sank into the ocean around 9.600 B.C. Is the story of Atlantis based on any fact? Below are six of the most prominent…
The move follows rioting in Bucharest overnight after a court threw far-right Calin Georgescu out of the race.Romania’s far-right presidential contender Calin Georgescu plans to challenge a decision to bar him from taking part in May’s rerun presidential election. The pro-Russian politician said on social media on Monday that he would make an appeal to Romania’s Constitutional Court to lift the ban, which was placed on him the previous day. He made the announcement after violent clashes broke between his supporters and police in Bucharest overnight. “We go together all the way for the same values: peace, democracy, freedom,” Georgescu…
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty ImagesFor years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as illegitimate and as unfairly targeting industry players.Now, with the CFPB on life support after the Trump administration issued a stop-work order and shuttered its headquarters, the agency finds itself…