Topic

World News

A collection of 792 issues

India Finds a Way to Settle Payments for Russian Oil

In a strategic move that underscores the complexities of international trade amid sanctions and geopolitical tensions, India has resumed its importation of Sokol crude oil from Russia in February, following a hiatus of two months. This development, as reported by Reuters citing vessel tracking data and insider information, signifies a

SEC's New Regulations Cast a Shadow on DeFi Liquidity Providers

Introduction: In a move to fortify safety measures within the Treasury markets, the U.S. Securities and Exchange Commission (SEC) has recently adopted two stringent rules. These regulations mandate that market participants involved in substantial liquidity provision activities must register with the SEC and become members of a self-regulatory organization.

Argentina Leads Global Inflation Rankings with 211% Surge in 2023

Inflationary pressures have soared to unprecedented levels globally, with Argentina emerging as the frontrunner in the latest rankings. According to recent data, Argentina has clinched the top spot with a staggering inflation rate of 211% in the year 2023. This surge has catapulted the nation to the forefront of economic

Record Growth in Trade Between Russia and Brazil: A Strategic Partnership Flourishes

In the aftermath of 2023, the trade turnover between Russia and Brazil surged to a remarkable $11 billion, setting a new record in monetary terms. This significant milestone was announced by the Latin American country's ambassador to Russia, Rodrigo de Lima Baena Soares, as reported by "PRAVMIR&

U.S. Justice Department Charges Three Individuals in Connection with the FTX Hack

In a significant development that has sent shockwaves through the cryptocurrency industry, the U.S. Justice Department has leveled charges against three individuals implicated in the hacking of FTX, a prominent cryptocurrency exchange. This case has drawn attention not only for the sheer scale of the theft, which exceeds $400

Victims of Hamas Attack Accuse Binance of Funding Terrorism in Groundbreaking Lawsuit

In an unprecedented legal move, victims of Hamas' actions have taken a bold step by filing lawsuits against Binance, Iran, and Syria, accusing them of financially supporting the terrorist organization. This groundbreaking case, highlighted by Bloomberg through court documents, involves a former Hamas hostage and several families who lost

Terraform Labs bankruptcy

In an intriguing development within the tumultuous world of cryptocurrency, Terraform Labs, under the leadership of CEO Chris Amani, has initiated a bold legal maneuver by filing for Chapter 11 bankruptcy. This move, according to Amani, is not merely a step towards financial restructuring but a strategic legal play aimed

"Harvest Fund's Innovative Move: A Bitcoin ETF Launch in Hong Kong"

In a significant development within the cryptocurrency market, China's prominent Harvest Fund Management (HFM) has submitted an application for the listing of a spot Bitcoin exchange-traded fund (ETF) in Hong Kong. This move signifies a major step forward in the integration of digital currencies into mainstream financial services

China's Influence on the Global Oil Market in 2024: A Comprehensive Analysis

In the ever-evolving landscape of global economics, the role of major players like China in the oil market is a subject of keen interest and analysis. As 2024 unfolds, the extent of China's influence on the global oil market has been a topic of significant discussion among experts.

Changpeng Zhao tried to leave the U.S. on $4.5 billion bail

In a remarkable turn of events, Changpeng Zhao, the former CEO of Binance, has been embroiled in a legal struggle within the United States. Zhao, commonly known as 'CZ', sought permission from a federal court to leave the U.S. for the United Arab Emirates (UAE). His request,