New FTX CEO explores restarting exchange as Genesis’ lending unit folds January 23, 2023 Data from CryptoCompare shows that the price of Bitcoin kept on rising over the past seven days, surging to a high near the $23,000 mark.
Speaker of Russia’s state Duma threatens West saying supplying Ukraine with more powerful arms risks ‘global catastrophe’ January 23, 2023 The speaker of Russia’s parliament warned that countries supplying Ukraine with more powerful weapons risked their own destruction. The message followed Ukraine’s supporters pledging billions of pounds in military aid to the country on Friday, including armoured vehicles, air defence systems and other equipment, but not including the battle tanks Kyiv had requested. State Duma [...]
Boris Johnson visits Kyiv amid fresh Tory sleaze claims January 23, 2023 Former Prime Minister Boris Johnson headed to Kyiv this weekend as he is caught up in new claims of sleaze. The politician met President Vlodymyr Zelensky and other leading politicians int he war-torn county, while also travelling to towns which have been bombarded by Russia. Johnson reportedly visited Borodianka, Bucha and other suburbs of the [...]
Recession to be more than twice as bad as first feared, forecasters warn January 23, 2023 The much touted coming recession in Britain will be twice as bad as first feared, new forecasts out today reveal. Soaring prices coupled with the Bank of England’s efforts to tame them are set to deal a heavier blow to GDP than projected just a few months ago. According to the EY Item Club, the [...]
BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia January 22, 2023 BP, Siemens and PepsiCo have all donated millions to Ukraine while at the same time failing to fully exit Russia, new research shows. The three multinationals have been branded “hypocrites” and sit alongside 13 other top firms that have both given aid to Ukraine while also retaining their links to the Russian Federation. The research [...]
National Grid triggers household energy saving plan as cold snap bites January 22, 2023 Households will be paid to cut their energy use as a precaution, with frosty weather straining the National Grid's energy network.
UK’s Supreme Court to decide whether £1.6bn Tuna Bonds case should be heard in London’s courts January 22, 2023 Britain’s top court will this week hear a long-running dispute between Mozambique and a Lebanese shipmaker over whether a case relating to the ‘Tuna Bonds’ should be heard in London’s courts. The UK’s Supreme Court will decide whether the dispute between shipping company Privinvest and the Republic of Mozambique over the $2bn (£1.6bn) scandal should [...]
Financial crime: Anti-money laundering and crypto fines surge to £4bn in regulatory crackdown January 22, 2023 Anti-money laundering fines globally surged 53 per cent in 2022 while fines to crypto firms rose over 90 per cent as regulators cracked down on financial misconduct, data from Fenergo shows. In total, financial institutions were fined nearly $5bn (£4.04bn) in 2022. According to Fenergo’s financial crime policy manager Rory Doyle, the jump was linked [...]
UK ponders more tanks as Putin’s war enters 11th month and Russia claims victories in eastern Ukraine January 20, 2023 Russia claims to have captured a village in its intense, months-long push toward the eastern Ukraine city of Bakhmut. It comes as military analysts said tanks, which could be sent by Kyiv’s western allies, would not be a magic wand in the 11-month war. Russian Defence Ministry spokesman Igor Konashenkov told a regular media briefing [...]
‘Hundreds of thank yous are not hundreds of tanks’: Ukraine’s president Zelensky pleads for help against Putin January 20, 2023 Ukrainian President Volodymyr Zelensky has appealed to western allies to speed up the delivery of military support – including badly needed heavy armour – in his country’s struggle against the Russia invader. In an address to a pledging conference at the US airbase in Ramstein, Germany, he urged assembled defence ministers to agree in “principle” [...]