European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs. US markets had forged higher Thursday following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries. “Equity markets are largely rising this morning boosted by the … Read more
Russia said Friday that a 30-day pause on Ukrainian energy site strikes has expired, a step away from peace just as Washington threatened to exit ceasefire efforts if progress was not made soon. US President Donald Trump has been pressing Moscow and Kyiv to agree to a truce, but has failed to extract any major … Read more
If you’d been thinking of buying an Audi, now might be the time. The German brand, owned by the Volkswagen Group, has announced it would halt shipments to the U.S. in the wake of President Donald Trump’s 25% tariffs on all imported vehicles. Audi is currently holding cars that arrived after the tariffs took effect, … Read more
Tokyo — President Trump in early March criticized what he characterized as a one-sided security alliance between the U.S. and Japan. Officials in Japan have heard these comments from Mr. Trump before, and so far, they’ve continued shaping the country’s national security plans based on the assurance of backing from the United States. Government officials admit … Read more
The Telecom Regulatory Authority of India (TRAI) plans to recommend that satellite broadband spectrum be allotted for five years to assess initial market adoption, a Reuters report said. This defies tech billionaire Elon Musk’s Starlink which is seeking a 20-year permit, the report quoted a senior government source. The TRAI is currently working on key … Read more
The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and … Read more
Concern in Washington over Chinese AI apps has extended to DeepSeek, with the Trump administration reportedly looking to ban it on government devices. National security is the major issue, The Wall Street Journal reports, particularly as it relates to DeepSeek’s handling of user data, which is stored on Chinese servers. Companies based in the region … Read more
US President Donald Trump said he’s considering returning 20% of the savings made by Elon Musk’s government cost-cutting Department of Government Efficiency (DOGE) to Americans. “Under consideration [is] a new concept where we give 20% of the DOGE savings to American citizens,” Trump said on stage at a Miami summit for finance and tech executives … Read more
Faced with myriad problems including gridlocked traffic and a sinking earth surface in its current capital, Iran is considering a drastic solution — moving it to an altogether different location on the Gulf of Oman. Though the idea of moving the capital has cropped up on various occasions since the 1979 Islamic Revolution, the proposals … Read more
As memecoin traders continue to lose money, some crypto leaders are calling for social pressure as a deterrent against insider-driven scams. On Feb. 17, Paradigm researcher Samczsun floated the idea of a social solution to memecoins’ insider problem. The researcher said if people agree that insider-driven memecoins are bad, they could start by “formally ostracizing” … Read more