Author: Press Room

Cryptocurrency falls as much as 6 percent as lack of plans for government purchases disappoints investors.United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement. Bitcoin fell as much as 6 percent following Trump’s order on Thursday, which did not include plans for the government to actively buy Bitcoin. After dropping as low as $84,900, the cryptocurrency was trading at about $87,700 as of 05:00 GMT. In a statement announcing the order, Trump’s crypto tsar David Sacks…

A number of immigration judges have accepted government payout offers to leave, a union official said on Thursday, further depleting an overwhelmed system that President Trump had promised to fortify.A total of 85 employees, including 18 judges, at the Justice Department’s Executive Office for Immigration Review accepted the government’s deferred resignation offer or early retirement. The Trump administration previously fired 29 others from that office, according to the union official, including the office’s top leaders. About 40 of the more than 700 immigration judges in place when Mr. Trump took office have now been fired or agreed to leave.The judges,…

President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an adviser said, an audacious idea that has been widely criticized as a scheme to enrich crypto investors.The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as $17 billion, that the United States has seized in legal cases over the years, according to a summary of the order posted on social media by David Sacks, the White House’s crypto and A.I. policy czar.The order also calls for federal agencies to develop “budget-neutral strategies”…

Let’s buck the trend, a local marine biologist suggested.In 2018, as the Maldives, a nation of nearly 1,200 islands in the Arabian Sea, continued its transformation into a luxury tourist destination, the country’s handbook for resort developers called sea grass meadows in the country’s shallow lagoons “aesthetically unappealing,” suggesting that it was “very important from the tourist perspective that the growth of sea grasses is eliminated.” Resorts on the islands were known to smother their meadows with sprawling sheets of plastic laid across the ocean floor in order to offer visitors aquamarine waters with endless sandy bottoms. Never mind that…

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Descrease article font size Increase article font size Tariff and annexation threats by U.S. President Donald Trump combined with a weak Canadian dollar have Canadians crossing the United States off their list of travel destinations. Flight Centre Canada spokesperson Amra Durakovic said interest in U.S. travel began to wane in November. That trend saw explosive growth in February, with leisure travel bookings to the U.S. plunging 40 per cent year over year. 1:41 ‘Pissed off’: B.C. premier delivers fiery message to Americans over Trump tariffs “A lot of that has to do with the U.S. administration’s tariffs that were announced…

Chinese Minister of Foreign Affairs Wang Yi speaks during the 2023 Munich Security Conference in Germany on February 18, 2023.Johannes Simon | Getty Images News | Getty ImagesBEIJING — China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast to the ministry’s more aggressive language earlier in the week.While Wang said the U.S. should not impose “arbitrary tariffs” or return goodwill with hostility, he emphasized that the two countries would both be part of the world for a long time, requiring “peaceful coexistence.””Given the extensive common…

The daughter of a violent, abusive man spared a conviction for fatally stabbing her kind-hearted mother says she knows he does not regret his actions.Samar Shlemoon, 42, was stabbed three times in the chest after being strangled by her 60-year-old husband in their Sydney home in November 2020.Her death came nine days after the delusionally jealous man threatened his wife in bed with a knife, and then belted his daughters when they came to their mother’s aid.Soneevia Al-Qas Soomo told the NSW Supreme Court on Friday she had long been fearful of her father Alam Al-Qas Soomo because he was…

DUNEDIN, Fla. — He’s a solver of problems. Always has been. It’s what makes great pitchers great. It’s what has made Max Scherzer great.But when he visited Starkville this week to talk about robot umps and the fascinating spring training experiment with the ball-strike challenge system (plus lots more), the future Hall of Famer asked a pointed question for everyone in baseball to think about:“What problem are we really solving?“Think about the postseason last year,” Scherzer told me and Doug Glanville on the latest Starkville edition of The Athletic’s Windup podcast. “Are we really talking about (any controversies that) happened…

SEOUL: South Korea’s impeached President Yoon Suk Yeol was released from detention on Friday (Mar 7) after a court accepted his request to cancel his arrest warrant.  Yoon filed the request with the Seoul Central District Court last month, said the Yonhap news agency, adding that the politician claimed his indictment over the Dec 3 martial law declaration was illegal.  Yoon’s lawyers had argued the warrant issued on Jan 19 that has kept him in detention was invalid because the request filed by prosecutors was procedurally flawed. “South Korea’s rule of law is still alive,” Yoon’s legal counsel said, according…