Economy & Finance

Tether Launches Self-Custodial Wallet Supporting USDT, Bitcoin, & Tokenized Gold Authored by Naga Avan-Nomayo via TheBlock.co, Tether, issuer of the world’s largest stablecoin USDT, is stepping further out from behind the rails with the launch of its self-custodial wallet, which it says is designed to put its payments infrastructure directly in the hands of users, […]

Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is “Premature” Goldman’s Natasha de la Grense summed it up well this morning: “Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days.”  Disappointments from Kering and Hermès, both of

Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban Authored by Rex Widerstrom via The Epoch Times (emphasis ours), While managing to avoid Australia’s under-16 social media ban, the global game creation platform Roblox has moved to introduce restricted accounts for children and teenagers. A 7-year-old teenage boy looks at a

Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without ‘Belligerent’ Parties This is quite the ambitious headline revealing the latest ‘plan’ for Hormuz to come out of Europe, as it sits on the sidelines watching the US get potentially bogged down in the region following a month of heavy airstrikes on Iran:

Rolls-Royce 470-Megawatt Nuclear Reactors To Power 3 Million UK Homes For 60 Years Authored by Mrigakshi Dixit via Interesting Engineering, The UK’s new nuclear approval at Wylfa officially kicks off what the government calls a “golden age” for the nation’s energy sector. Depiction of Rolls-Royce SMR site at Wylfa on Anglesey, North Wales. On April

Twin Suicide Attacks Rock Algerian City Near Where Pope Is Visiting Algeria has been hit by two terror attacks during Pope Leo XIV’s visit, officials say – though at this point there doesn’t appear to have been any direct effort at targeting the Pope or his accompanying officials. Twin suicide attacks rocked a city outside

Is The EU’s €90 Billion Loan To Ukraine Meant To Buy Time For The Return Of Democrats Authored by Andrew Korybko, Orban’s “democratic ouster” is expected to remove Hungary’s procedural opposition to the EU’s planned €90 billion loan to Ukraine that’ll be financed by members raising common debt. RT published a detailed article about this plan here last

Italy’s Anti-Israel Opposition Declares ‘Victory’ After Meloni Suspends Defense Pact Italy has suspended the automatic renewal of its defense agreement with Israel amid the ongoing US-Israeli war on Iran, now ‘paused’ as a two-week ceasefire holds in order to give a chance for talks. Prime Minister Giorgia Meloni announced the significant status change following weeks

After Orbán Loss, Polish MEP Warns EU Set To “Subjugate Everything And Everyone” As VDL Moves Quickly To Abolish Veto Power Via Remix News, On the back of Péter Magyar’s victory in Hungary, European Commission President Ursula von der Leyen says the EU needs to work on getting rid of member states’ veto powers. For