Analysis: Cryptocurrency ethereum is flourishing but risks linger
Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization after bitcoin, […]
Analysis: Fund managers see value, cyclical stocks running further despite slow U.S. jobs recovery
While some technology stocks got a boost Friday after a disappointing U.S. jobs report, some portfolio managers say that blow-out earnings from several large technology companies over the last few weeks are not enough to keep making outsized bets on the sector.
EXCLUSIVE China urges U.N. states not to attend Xinjiang event next week
China has urged United Nations member states not to attend an event planned next week by Germany, the United States and Britain on the repression of Uyghur Muslims and other minorities in Xinjiang, according to a note seen by Reuters on Friday. “It is a politically-motivated event,” China’s U.N. mission wrote in the note, dated […]
Russia considers supplying 1 million vaccine shots to Armenia – RIA
Russia’s Foreign Minister Sergei Lavrov said on Thursday that Russia was considering supplying 1 million shots of the Sputnik V coronavirus vaccine to Armenia, the RIA new agency reported. Russia had already sent 15,000 doses of the vaccine to the former Soviet republic last month, Lavrov was quoted as saying at a meeting with his […]
China condemns G7 statement censuring Beijing, supporting Taiwan
China condemned on Thursday a joint statement by G7 foreign ministers that expressed support for Chinese-claimed Taiwan and cast Beijing as a bully, saying it was a gross interference in China’s internal affairs. G7 foreign ministers said in a communique after a London summit that China was guilty of human rights abuses and of using its […]
US birth rate falls to its lowest since 1979 as pandemic-led stress rises
Americans had the lowest number of babies in more than four decades last year, mirroring a slump in European birth rates, as the COVID-19 pandemic forced more people to take care of sick family members or deal with job losses. Birth rate in the United States fell 4% in 2020 to about 3.6 million babies, […]
Russia seeks extra fines against Twitter over ‘banned content’ -TASS
Russia is seeking an additional 24 million roubles ($321,586) in fines from U.S. tech giant Twitter (TWTR.N) for failing to remove content banned in Russia, the TASS news agency cited a court as saying on Wednesday. State communications regulator Roskomnadzor said last week that Twitter was complying with a demand to remove banned content, but taking too […]
Rival powers Turkey and Egypt try to mend ties after long rift
Turkey and Egypt will try to improve strained ties at talks starting in Cairo on Wednesday after an eight-year rift which led them to back rival factions in Libya’s war and put them at odds in a dispute over east Mediterranean waters. Relations between the regional powers have been tense since Egypt’s army toppled a […]
High-tech hunt for scarce COVID-19 vaccines in India raises fear for fairness
Indian tech experts have written software code and designed websites to help people book scarce COVID-19 vaccinations online, raising concern about an unfair advantage for the tech savvy and jeopardising chances of an equitable vaccine rollout. India has faced criticism for a slow vaccine campaign as it battles a second wave of coronavirus infections that […]
Analysis: Rail accident rattles Mexico’s presidential succession favorites
The dramatic collapse of a rail overpass in Mexico City that killed at least 24 people has dealt a blow to two of President Andres Manuel Lopez Obrador’s most senior aides, who are widely viewed as the leading candidates to succeed him. Monday night’s accident has stirred up concern about the city’s infrastructure, in particular […]
