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Bitcoin Prices Settle Into Narrow Range as ETF-Inspired Euphoria Dissipates
Bitcoin Prices Settle Into Narrow Range as ETF-Inspired Euphoria Dissipates
Bitcoin has quickly settled into a narrow trading range after reaching a fresh one-year high, leaving reinvigorated enthusiasts
2023-06-30 02:54
Austrian property tycoon's troubles rattle investors
Austrian property tycoon's troubles rattle investors
The Austrian property group that co-owns New York's iconic Chrysler building has warned of an imminent "restructuring" that has cast a spotlight on several precarious projects -- and...
2023-11-19 13:27
Philippines’ Marcos Says Sovereign Wealth Fund Will Proceed
Philippines’ Marcos Says Sovereign Wealth Fund Will Proceed
Philippine President Ferdinand Marcos Jr. said the establishment of the country’s first sovereign wealth fund will proceed and
2023-10-19 08:53
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:46
George Santos calls federal charges a ‘witch hunt’ and refuses to resign following arrest
George Santos calls federal charges a ‘witch hunt’ and refuses to resign following arrest
George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live
2023-05-11 03:49
World falling dangerously short of climate goals: UN
World falling dangerously short of climate goals: UN
A world facing catastrophic climate change is perilously off course in meeting goals for slashing carbon pollution and boosting finance for the developing world, according to the UN's first...
2023-09-08 23:55
HK Typhoon-Related Claims Set to Top Record $500 Million in 2023
HK Typhoon-Related Claims Set to Top Record $500 Million in 2023
Hong Kong insurance claims caused by natural disasters may climb to a record and exceed $500 million this
2023-10-04 11:28
Elon Musk Took Self-Driving Tesla Ride Around Palo Alto to Find Mark Zuckerberg
Elon Musk Took Self-Driving Tesla Ride Around Palo Alto to Find Mark Zuckerberg
Tesla CEO Elon Musk demonstrated the abilities of Tesla's Full Self-Driving Beta software on Friday evening.
2023-08-28 02:49
UK's Hunt to cut National Insurance rate in boost for millions of workers
UK's Hunt to cut National Insurance rate in boost for millions of workers
LONDON British finance minister Jeremy Hunt on Wednesday said he would cut the amount of National Insurance social
2023-11-23 00:27
Biden Drops Australia, Papua New Guinea Visit for Debt Talks
Biden Drops Australia, Papua New Guinea Visit for Debt Talks
President Joe Biden has scrapped planned stops in Australia and Papua New Guinea following his trip to Japan
2023-05-17 10:46
Yellen urges 'direct' talks, US-China climate collaboration
Yellen urges 'direct' talks, US-China climate collaboration
Washington and Beijing should communicate "directly" on concerns about specific economic practices, US Treasury Secretary Janet Yellen said Saturday, urging greater cooperation between the world's...
2023-07-08 16:57
TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security
TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security
Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security.
2023-06-15 15:15