World

IMF head says stablecoins not backed by assets are a ‘pyramid,’ hinting at UST debacle that crashed markets

DAVOS, Switzerland — Stablecoins that are not backed by assets to support them are a pyramid scheme, the head of…

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Richard Berthelsen: What kind of King will Prince Charles be? Royal tour offers hints

The Canadian royal visit of the Prince of Wales and the Duchess of Cornwall seemed to have higher stakes…

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Henry Kissinger says Taiwan cannot be at the core of negotiations between the U.S. and China

Kissinger served as secretary of state and national security advisor under Republican Presidents Richard Nixon and Gerald Ford in the…

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‘Never have I been so ashamed’: Russian envoy criticizes war

DAVOS, Switzerland – A veteran Russian diplomat to the UN Office at Geneva says he handed in his resignation…

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Ukraine fightback underway in Donbas amid commander’s ‘tough call’ in battle for key city

Defence analyst Michael Clarke has detailed the “tough call” facing Ukrainian commanders in the Donbas region amid fierce fighting over…

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Putin nightmare: UK and Lithuania sign major defence deal in huge blow to Russia and China

Since Russia invaded Ukraine almost three months ago, Baltic states such as Lithuania – a former Soviet Union member turned…

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Bitcoin could fall to $8,000, a more than 70% plunge, Guggenheim’s Minerd says

Scott Minerd, Chairman Investments and Global Chief Investment Officer, Guggenheim Partners, speaks during the Milken Institute Global Conference in Beverly…

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Putin’s plan to ’cause African famine’ in bid to trigger new refugee wave in the West

Ukraine: Host warns of bread shortages following wheat blockade Russia and Ukraine together produce 30 percent of the world’s wheat…

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U.S. firm Clearview A.I. fined for illegally collecting images of Brits’ faces

Clearview AI, a New York-headquartered facial recognition company, has been fined £7.5 million ($9.4 million) by a U.K. privacy regulator.…

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Germany urges VDL to leave Hungary behind as row with Orban over Russia oil ban deepens

German Economy Minister Robert Habeck has warned Hungary against blocking efforts to impose a European Union-wide embargo on Russian oil…

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