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Showing posts with the label News.

Bitcoin News: Bitcoin Is Facing an Existencial Crisis, by The Barron's Daily.

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  A pedestrian walks past signage for Ethereum, top, and Bitcoin in Hong Kong. Paul Yeung/

Bloomberg News | Bloomberg Orognosis: U.S. Raises U.K. Travel Alert as Covid Mars ‘Freedom Day’

Source:   bloomberg.com U.S. Raises U.K. Travel Alert as Covid Mars ‘Freedom Day’ Kevin Miller, Mary Schlangenstein 4-5 minutes prognosis July 19, 2021, 1:02 PM GMT-5 Updated on July 19, 2021, 4:40 PM GMT-5

News: U.S. Airlines Can Fly to Europe Again by Barrons.

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Source: barrons.com U.S. Airlines Can Fly to Europe Again 10-13 minutes Americans can add Europe to their list of summer vacation destinations—a boon for an already recovering airline industry. European Union ambassadors voted to lift travel restrictions between Europe and the U.S., along with several other countries. The vote means that U.S. travelers can go to EU nations quarantine free, regardless of vaccination status. That’s good news for airlines. The pandemic has decimated air travel, but it’s slowly coming back. Commercial air traffic in the U.S. was down about 25% over the past week compared with 2019 pre-Covid levels. Three months ago, it was down around 50%. More destinations should mean the improvements keep coming. Shares of United Airlines , Delta Air Lines , and American Airlines are up at least 1% Friday morning, while S&P 500 futures are down 0.1%. Southwest Airlines , which focuses on destinations c

News | Trump Impeachment: Trump's Defense ready to Present a Speedy Case.

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  bbc.com Trump impeachment: Defense team set to present speedy case BBC News 5-7 minutes image copyrightReuters image captionWas Donald Trump's address to supporters on 6 January an incitement to riot? Donald Trump's defence lawyers are set to present evidence in the US Senate, denying charges he incited insurrection in the Capitol riots of 6 January. The team has indicated it may take up only four of its 16 hours, and so move the impeachment trial to a speedy end. Democrats spent two days putting their case, including video footage of the violence and arguing acquittal could see a repeat of the attack on Congress. Acquittal is the likely verdict though, as most Republicans remain unmoved. A two-thirds majority is required to convict Donald Trump in the evenly split 100-seat Senate. At least 17 members of Mr Trump's party would need to vote against him and although six have shown some moveme

Portugal seizes Isabel dos Santos bank accounts

Reporting by Douglas Dalby 3-4 minutes - Source: ICIJ Portugal has ordered the seizure of dozens of bank accounts belonging to Isabel dos Santos, the billionaire businesswoman currently under investigation for fraud in her native Angola. Last week during a state visit by Germany’s Angela Merkel, Angolan President Joao Lourenco said his government was fighting to recover assets taken illegally from the country and had sought overseas assistance. On Tuesday, Portugal acted on this appeal. “The public prosecutor’s office requested the seizure of bank accounts as part of a request for international judicial cooperation by the Angolan authorities,” a spokeswoman for the Portuguese prosecutor’s office announced, according to local media reports. Accounts linked to dos Santos’ husband, Congolese businessman and art dealer Sindika Dokolo, were also seized. Dos Santos was at the center of Luanda Leaks , the International Consortium of I

Business | News: Oil vs Corn: U.S. lawmakers set hearing on fractious biofuels policy

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3-4 minutos - Source: Reuters (Reuters) - The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use of “secret waivers” for refineries. Kernels of corn are seen on a cob in a field in Kienheim, France, September 5, 2016. REUTERS/Vincent Kessler/File Photo The hearing set by the Energy and Commerce Committee will air out the grievances of two key political constituencies heading into next year’s election at a time President Donald Trump has been working hard to win them over. Trump’s Environmental Protection Agency this month announced a change to the nation’s biofuel policy, intended to please farmers, that would increase the amount of corn-based ethanol some oil refineries must to blend next year to make up for volumes it has waived. Under the U.S. Renewable Fuel Standard, the refining industry must blend 15 bil

US Politics | News: Top Ukraine expert to testify Trump-Zelenskiy call 'raised internal alarm'

Tom McCarthy 5-7 minutos - Source: The Guardian The top Ukraine expert on the national security council planned to tell Congress on Tuesday that a July phone call between Donald Trump and the Ukrainian president, Volodymyr Zelenskiy, caused him to raise an internal alarm about a suspected subversion of US foreign policy – by the White House. The anticipated testimony before congressional investigators by Alexander Vindman, an army lieutenant colonel who was decorated with a Purple Heart after being wounded by a roadside bomb in Iraq, could weigh heavily in the impeachment inquiry against Trump . Vindman’s planned opening testimony, describing what he felt was a shocking swerve of US policy toward Ukraine, was published late Monday by CNN and excerpted by the New York Times. The excerpts indicate that Vindman, who planned to testify in defiance of a White House gag order, was prepared to corroborate previous, damning testimony that