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A new Congress started work in America, with Republicans in charge of both chambers for the first time in eight years. John Boehner was re-elected Speaker of the House of Representatives, although 25 Republicans declined to support him. In the Senate Mitch McConnell, the newly installed majority leader, promised a swift bill to authorise the controversial Keystone XL pipeline. The White House quickly promised to veto it SEE ARTICLE » MORE FROM: POLITICS THIS WEEK»
Business this week
More concerns were raised about the security of bitcoin after Bitstamp, one of the largest exchanges for the digital currency, said hackers had stolen 19,000 bitcoins from its systems. It warned customers not to make transfers through their old bitcoin accounts. Bitstamp keeps only a small fraction of its bitcoin reserves online (most are held in offline computer systems), but the theft rekindled memories of the much larger cyber-attack on Mt Gox last February SEE ARTICLE » MORE FROM: BUSINESS THIS WEEK»