Author: IA PressRoom

Source: sabdiz/AdobeCrypto is too risky for “most” Russians, the nation’s Finance Ministry has claimed. But the ministry claimed tokens could be “suitable” for “professional investors.”Per the media outlet Nizhny Novgorod, the comments were made by Ivan Chebeskov, the director of the ministry’s financial policy department.Chebeskov said that most Russians should not “consider cryptocurrencies” to be a “form of savings.”He called tokens “high-risk financial instruments.”But the policy department did not back a ban on crypto, or suggest that all Russians shun tokens.Instead, Chebeskov claimed that coins were only “suitable for citizens who already invest in” assets like “securities and real estate.”But…

DeSantis kicks off 2024 campaign in Iowa Fox News senior correspondent Rich Edson has the latest on Florida Gov. Ron DeSantis’ campaign tour in Iowa and former President Donald Trump vowing to end birthright citizenship on ‘Special Report.’Republican presidential candidate and Florida Gov. Ron DeSantis kicked off his campaign in Iowa on Tuesday with his usual sharp rhetoric aimed at “woke” culture and the failures of President Biden, but he also included what appeared to be some thinly veiled slights at former President Donald Trump, his top opponent in the race.”At the end of the day, leadership is not about…

Drew Angerer/Getty Images News Twilio (NYSE:TWLO) rose 4.6% in after hours trading amid a report that activist investor Legion Partners has met with the company and is pushing the communications tech company to make changes. Legion Partners has met several times with the board and management and is urging the company to make board changes and evaluate divestitures, according to a report in The Information on Tuesday, which cited people familiar. The discussions come at important time for Twilio (TWLO) as the use of supervoting shares is set to expire in less than a month, according to the report. Other…

Jeffrey Epstein was invited to editorial meetings at Scientific American. Email records show two meetings with the magazine on his schedule in September 2014. Mariette DiChristina, the magazine’s editor-in-chief at the time, told Insider he didn’t attend. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Jeffrey Epstein was invited to editorial meetings with Mariette DiChristina when she was the top editor of Scientific American magazine, according to scheduling emails obtained by Insider.The emails between Epstein and one of his employees, Lesley Groff, show her…

© Reuters. FILE PHOTO: People walk in front of the bank of Japan building in Tokyo, Japan, April 7, 2023. REUTERS/Androniki Christodoulou By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may raise short-term interest rates early next year if sustained wage growth becomes a real prospect, Tsutomu Watanabe, an academic who participated in a key government panel on economic policy, told Reuters. Inflation will remain elevated as companies become more convinced that they can hike prices without scaring away consumers, said Watanabe, a former BOJ official and an expert on Japan’s price trends. “Talking…

© Reuters. FILE PHOTO: A trader work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 24, 2023. REUTERS/Brendan McDermid By Herbert Lash and Shreyashi Sanyal (Reuters) -Stocks on Wall Street closed mixed on Tuesday, pressured by worries about U.S. lawmakers opposed to a deal to raise the $31.4 trillion debt ceiling, but supported by another surge in Nvidia (NASDAQ:) shares that briefly lifted the chipmaker into the rare club of companies valued at $1 trillion. The closed essentially flat but remained near its highest level since August 2022, just above 4,200 points.…

House Republicans who oppose the debt ceiling deal between President Biden and House Speaker Kevin McCarthy are pointing out that language aimed at curbing expensive federal regulations is undercut by a section that allows the executive branch to waive that requirement completely.Republicans on Tuesday were complaining about language in the bill that requires the executive branch to offset the imposition of federal rules that cost more than $1 billion over 10 years or $100 million in any given year. Agencies would have to submit a plan to offset the price tag of these costly rules whenever they are proposed.But the…

Tina Turner was a rock star — even in retirement. The music legend died this week at her home in Küsnacht, Switzerland, at age 83. Read: Tina Turner, unstoppable superstar whose hits included ‘What’s Love Got to Do With It,’ dead at 83 The former performer retired in 2009 and seemed to love life in retirement, living in a château off of Lake Zurich in Switzerland with her partner of more than 30 years. While actresses relived her story on theater stages — including on Broadway — she enjoyed lounging on a couch fit for a queen, wearing her red-bottom…

value stocks, dividendsgetty At a time when a few NASDAQ NDAQ -100 growth stocks are soaring upward based on “AI” involvement, here are 4 stocks that look to be cheap — judging by the classic value stock approach to identifying these types of situations. Each of these trades below its book value with a low price-earnings ratio and each pays a dividend. The benefit to owning a “below book value” stock is that certain types of institutional investors screen to find them and to sometimes buy them out at a much higher price. While those who own the equity are…

© Reuters. (Reuters) – Bank of Queensland Ltd said on Wednesday it had entered into separate undertakings with the country’s financial crime and prudential regulators to comply with anti-money laundering and counter-terrorism financing laws and address risk governance practices. The court-enforceable undertaking accepted by the Australian Prudential Regulation Authority (APRA) follows several breaches of prudential standards in 2022 and 2023, and consequent review into the company’s risk culture, the regulator said in a separate statement. The key terms of the undertaking submitted to the APRA include the preparation of a remedial action plan, which details all activities the bank is…