How Bitcoin Has Become A Decentralized Ponzi Scheme
The mainstream media has finally taken notice of the cryptocurrency world. Or perhaps more accurately, the cryptocurrency world has crashed onto the stage and into the spotlight. Some people who believed in the technology and bought into it just a couple of years ago have stood to make huge gains.
Chinese auto giant to end petrol vehicle sales by 2025
One of China's largest state-owned automakers has said it will phase out sales of all petrol vehicles by 2025, as Beijing considers taking all fuel-burning cars off the country's roads. Beijing Automotive Group Co (BAIC) chairman Xu Heyi said over the weekend the company will phase out sales of conventional cars in Beijing by 2020 and nationwide by 2025, according to the official Xinhua news agency.
South Korea bans its banks from dealing in Bitcoin
South Korea on Wednesday banned its financial institutions from dealing in virtual currencies such as Bitcoin, as the cryptocurrency soars in a bubble fuelled by retail speculators, many of them from the country.
Treasury report says tax-cut plan will more than pay for itself, add $300 billion in revenue
The Treasury Department said Monday that the Senate-approved tax reform plan would pay for itself and more, actually boosting revenue by $300 billion over 10 years. The one-page analysis by Treasury counters a congressional forecast that the tax cuts would add about $1 trillion in deficits over the next decade.
Rand Paul says he won’t vote for spending bill that adds to “already massive $20 trillion debt”
Screen Shot 2017-12-12 at 22417 PM Sen. Rand Paul (R-Ky.) said on Tuesday that he won’t vote to add to the “massive” national debt. “I cannot in good conscience vote to add more to the already massive $20 trillion debt.
World Bank to stop financing oil, gas projects from 2019
The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday at a climate summit seeking to boost the global economy's shift to clean energy. "The World Bank Group will no longer finance upstream oil and gas, after 2019," it said in a statement in Paris, where world leaders sought to unlock more money for the shift away from Earth-warming fossil fuels.
Cats: You either love those harry furballs or you don’t, but the internet is filled with them. Given their ubiquity in the digital space, it was perhaps inevitable that cats cross over into crypto-land and onto the most dominant smart-contract platform today: Ethereum.
Aldi to Give Away All its Unsold Fresh Food to 'Less Fortunate Individuals' on Christmas Eve
In celebration of the holiday season, grocery store chain Aldi is being lauded for announcing a plan to donate all unsold fresh food to various nonprofits and charitable organizations on the afternoon before Christmas.
The same president who once told reporters he doesn’t have time to watch television and prefers to be “reading documents. A lot” watches at least four hours of TV every day, and sometimes up to eight hours, people close to him told The New York Times.
Arab League condemns US move as 'dangerous and unjust'
The head of the Arab League has called US President Donald Trump's decision to recognise Jerusalem as Israel's capital "dangerous and unacceptable" and a "flagrant attack on a political solution" to the Israeli- Palestinian conflict.
Legal Pot: Canada Will Sell Marijuana in Liquor Stores
One province in Canada has decided to sell its marijuana in liquor stores. Nova Scotia, a province on Canada’s eastern shore, announced on Thursday that the Nova Scotia Liquor Corporation, its sole alcohol distributor, would sell the drug in its stores and on its website once Canada legalizes weed in July of next year.
How gas-for-coal program is carried out makes a difference
The National Development and Reform Commission, China's top economic planner, has stepped in to coordinate the major natural gas suppliers to stabilize prices and ensure an adequate supply to cope with rising demand in northern China.
C919 gains another 55 orders, lifting total orders to 785
China's homegrown large passenger plane C919 takes off from Pudong International Airport in Shanghai, East China, Nov 10, 2017. [Photo/Xinhua] The C919, China's first home-developed large passenger plane, gained another 55 orders on Tuesday from ICBC Leasing Co Ltd, China's largest aircraft leasing company by assets, lifting its total orders to 785.