Spanish Prime Minister Pedro Sánchez has announced another €10bn (£8.8bn) in support to address rising prices following Russia’s invasion of Ukraine. The government would “protect the middle class and workers amid the rise in the cost of living, energy and food”, he said. The proposals include cuts to VAT and a €200 one-off payment for …
Spain announces €10bn help to fight rising prices Read More »
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said. LOOKING FOR A STUNNING VIDEO EDITING SOFTWARE? CHECK OUT THIS Mr Bankman-Fried, …
FTX boss Sam Bankman-Fried arrives in US to face charges Read More »
Twitter users have voted in favour of Elon Musk stepping down as the platform’s chief executive after the billionaire ran a poll on his future. A total of 57.5% voted “yes” after Mr Musk asked his 122 million followers whether he should stand down. Mr Musk, who bought Twitter for $44bn (£36bn), said before the …
Elon Musk: Twitter users vote in favor of boss resigning Read More »
The Bahamas police have arrested Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, the country’s attorney general has said. He will appear in a magistrates court in The Bahamas on Tuesday, authorities in the Caribbean country said. Police said Mr Bankman-Fried was arrested for “Financial Offences” against laws in the US and The Bahamas. …
FTX founder Sam Bankman-Fried arrested in Bahamas Read More »
There are major concerns surround the heavy burden of debt servicing, the instability created by election cycles, geopolitics and war, as well as the lingering threat of food insecurity caused by conflict and adverse weather conditions on the African continent. GROW YOUR ONLINE BUSINESS WITH THIS POWERFUL PLATFORM Africa’s economic recovery has been disrupted in …
Grim economic outlook for Africa in 2023- EIU analysts forecast. Read More »
