Posts by Amelia Frost
Big Day for Crypto Goes South After Bybit Hack
The good news for cryptocurrency investors arrived just after 8 a.m. on Friday: Coinbase, the largest crypto marketplace in the United States, had reached a deal with U.S. regulators to dismiss a lawsuit that had hung over the industry for years. But within hours, the crypto market descended into a new crisis. At 10:51 a.m.,…
Read MoreCan a Year-End Bonus Be Docked If You Took Maternity Leave?
Is it fair for management to dock someone’s annual incentive pay because of a maternity or medical leave? Source link
Read MoreMarkets and Corporate America Are Unfazed by Washington Chaos, for Now
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats against allies and foes alike, and haggling over how to get a Republican budget through a narrowly divided Congress. Business leaders and corporate investors are confident that things will turn out fine, at least for…
Read MoreWall Street Is Getting Antsy With Trump
President Trump’s keynote this week at a Saudi sovereign wealth fund’s conference in Miami Beach might have seemed like another jubilant pep rally attended by adoring fans and key lieutenants. Elon Musk sat in the front under a vast rotunda, not far from the real estate billionaire Steve Witkoff, now a White House special envoy…
Read MorePope ‘Rested Well’ On Eighth Night In Hospital: Vatican
Pope Francis “rested well” during his eighth night in hospital, where the 88-year-old is being treated for double pneumonia, the Vatican said Saturday. Francis was admitted to Rome’s Gemelli hospital on February 14 with bronchitis, but it turned into pneumonia in both lungs, causing widespread alarm. The pontiff’s doctors had told a press conference on…
Read MoreUkraine’s Earth Riches Are Rare And Difficult To Reach
Ukraine’s soils hold some five percent of the world’s mineral resources, which is what US President Donald Trump is anxious to secure, but not all of them are yet exploited — or maybe even exploitable, according to experts. Ukraine ranks 40th among mineral-producing countries, all categories combined (including coal), according to the 2024 edition of…
Read MoreCook Islands Strikes Deal With China On Seabed Minerals
The Cook Islands said Saturday it has struck a five-year agreement with China to cooperate in exploring and researching the Pacific nation’s seabed mineral riches. A copy of the deal — which is likely to irk close partner and former colonial ruler New Zealand — showed it covers working together in the “exploration and research…
Read MoreCoffee Prices Are at a 50-Year High. Producers Aren’t Celebrating.
These should be wonderful times at Finca El Puente, a coffee plantation carved into the mountains of southwestern Honduras. On world markets, the price of ordinary coffee has more than doubled over the past year. The specialty varieties of coffee harvested at the farm have long commanded a hefty premium, reflecting their status as the…
Read MoreDisinformation Blizzard Targets Germany Before Election
Stories of a pre-election state of emergency, police escorts for toddlers and forged ballot papers — a blizzard of online disinformation has targeted German voters ahead of Sunday’s election. Russia has been the main suspect, and the far-right Alternative for Germany (AfD) the main beneficiary, says Berlin. On top of all that, Trump ally Elon…
Read MoreIs Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
When Xi Jinping, China’s leader, made his entrance at a symposium with a group of top entrepreneurs this week, he seemed to be in good spirits. China has had a few good weeks. The artificial intelligence models by the start-up DeepSeek sent U.S. stocks tumbling and Western commentators screaming, “Sputnik moment.” Then an animated film…
Read MoreGaza Hostage-prisoner Swap Set To Go Ahead After Row Over Bodies
The seventh hostage-prisoner exchange under a fragile Gaza ceasefire was set to go ahead on Saturday, despite an outpouring of grief and anger in Israel after Hamas returned the remains of two child hostages without their mother’s. Prime Minister Benjamin Netanyahu slammed Hamas as “monsters” and “savages” on Friday, accusing the Palestinian militant group of…
Read MoreOn $15 A Month, Venezuela’s Teachers Live Hand To Mouth
With a monthly salary of $15, a teacher in Venezuela earns nowhere near enough to cover their basic food necessities, never mind rent or medicine. Many in the crisis-stricken South American country are forced to work multiple jobs, or pool their money with family. Thousands have emigrated in pursuit of greater financial stability. “For the…
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