Governments around the world are right to step up regulatory pressure on initial coin offerings (ICOs), the CEO of blockchain firm Ripple has told CNBC. Brad Garlinghouse, whose company is the owner of the third-largest cryptocurrency by market capitalization, XRP, questioned whether new digital currencies were “solving real problems.” “There’s plenty examples of these recent […]
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DEREGULATION, along with tax cuts and trade reform, is one of the three pillars of President Donald Trump’s economic agenda. Republicans promise that, freed of red tape, American firms will invest more and unleash faster economic growth. And while Mr Trump has yet to unite his party around a major piece of legislation, the White […]
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WARS are fought with weapons, but also with money. To understand the global balance of power in the coming decades, it helps to pay attention to the commercial subplot of the North Korean crisis. For the first time, America is attempting to use its full legal and financial might to change the behaviour of Chinese […]
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WARS are fought with weapons, but also with money. To understand the global balance of power in the coming decades, it helps to pay attention to the commercial subplot of the North Korean crisis. For the first time, America is attempting to use its full legal and financial might to change the behaviour of Chinese […]
Read moreBitcoin hit a new record high Thursday with rising investor interest causing a rally for the price of the cryptocurrency. The bitcoin price hit an all-time high of $5,087.38 in early trade on Thursday, according to data from industry website Coindesk. This surpassed the previous high of $5,013.91 hit on September 2. Investors appear to […]
Read moreThe list of delegates attending China’s upcoming 19th Party Congress offers tell-tale signs of which way political winds are blowing in the world’s second-largest economy. Attendees from the military are particularly notable. Out of the 300 People’s Liberation Army delegates expected to appear at the milestone event, which decides the future of Chinese leadership, a […]
Read moreCurrency, United States Finance
A family-run pub in the English countryside has just been named the 'best restaurant in the world'
A family-owned pub in the north east of England has been named the “best restaurant in the world” based on an international poll of customer reviews. The Black Swan in Oldstead, North Yorkshire, fended off rival restaurants owned by celebrity TV chefs in Britain like Heston Blumenthal and Raymond Blanc. TripAdvisor awarded the prize to […]
Read moreSpaceX has successfully landed another reused rocket, as billionaire Elon Musk’s firm pushes forward to make space flight cheaper and more frequent. Late on Wednesday, SpaceX’s Falcon 9 rocket launched the EchoStar 105/SES-11 satellite, before returning back to earth and landing on the droneship station in the Atlantic. The rocket launched from NASA’s Kennedy Space […]
Read moreChinese fugitive tycoon Guo Wengui on Tuesday posted photographs on Twitter of himself meeting former White House chief strategist Steve Bannon twice in less than a week. In the post, the billionaire businessman, who is wanted in China on corruption charges, said he first met Bannon for lunch in Washington on Thursday after attending an […]
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Catalonia given 8-day deadline to drop independence bid — but separatists 'unlikely to back down'
Madrid’s eight-day deadline for Catalonia to drop its independence bid could prove to be fruitless, according to political analysts, who believe that pro-separatist Catalan President Carles Puigdemont will not back down. Speaking in the Spanish capital on Wednesday, Prime Minister Mariano Rajoy warned that if the Catalan government refused, he would suspend the region’s autonomy […]
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