Big investors say US markets rally could prove short-lived

Big investors say US markets rally could prove short-lived

NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the … Read more

Crypto firm Tether says it has frozen $225 mln linked to human trafficking

Crypto firm Tether says it has frozen $225 mln linked to human trafficking

[1/2]Tether logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights LONDON, Nov 20 (Reuters) – Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret … Read more

Biggest protest in Spain against Catalan amnesty law draws 170,000

Biggest protest in Spain against Catalan amnesty law draws 170,000

[1/4]A general view of Cibeles square as people take part in a protest, after Spain’s socialists reached a deal with the Catalan separatist Junts party for government support, which includes amnesties for people involved with Catalonia’s failed 2017 independence bid, in Madrid, Spain November 18,… Acquire Licensing Rights Read more MADRID, Nov 18 (Reuters) – … Read more

Colorado judge finds Trump engaged in ‘insurrection’ but allows him on ballot

Colorado judge finds Trump engaged in ‘insurrection’ but allows him on ballot

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo Acquire Licensing Rights WASHINGTON, Nov 17 (Reuters) – A Colorado judge on Friday allowed Donald Trump to remain on the … Read more

Greenwatch: Issue 2: enforcement action and new laws against greenwashing

Greenwatch: Issue 2: enforcement action and new laws against greenwashing

Ashurst’s regular briefing on the evolving risk of greenwashing and how to manage it. Welcome to the second issue of Greenwatch, where we look at the risk of greenwashing – and how companies can mitigate it. The European Union leads the way in “green” regulation – its innovative policies affect corporate behaviour beyond the EU’s … Read more

Biden calls Xi a dictator after carefully planned summit

Biden calls Xi a dictator after carefully planned summit

WOODSIDE, California, Nov 15 (Reuters) – U.S. President Joe Biden said on Wednesday he had not changed his view that Chinese President Xi Jinping was effectively a dictator, a comment likely to land with a thud in Beijing after the two leaders held straightforward summit talks. Biden held a solo news conference after four hours … Read more

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more

Africa Business in Brief – Issue 522

Africa Business in Brief – Issue 522

Brazil-Africa Forum 2023: AfDB Group calls for increased Brazilian investment in infrastructure and logistics An African Development Bank (AfDB) delegation to the 11th edition of the Brazil-Africa Forum has stressed the need to strengthen collaboration with Brazil through the multi-partner Lusophone Compact, to attract more private capital and co-financing for private sector transactions. The delegation … Read more

Erdogan stokes judicial crisis, calling for new constitution

Erdogan stokes judicial crisis, calling for new constitution

ANKARA, Nov 10 (Reuters) – Turkish President Tayyip Erdogan waded into a brewing judicial crisis on Friday, calling for a new constitution to resolve an unprecedented clash between two of the country’s top courts, as opponents marched in Ankara. The comments stoked a debate over the rule of law that erupted on Wednesday when the … Read more

Indian scientists hope cloud seeding can clean Delhi’s toxic air

Indian scientists hope cloud seeding can clean Delhi’s toxic air

NEW DELHI, Nov 9 (Reuters) – Indian scientists plan to seed clouds for the first time to trigger heavy rain in some areas of New Delhi, hoping this will be enough to tackle the smog gripping the world’s most polluted capital for a week, the project’s head said on Thursday. Air quality dips in Delhi … Read more