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19137 articles published since 08 Mar 2022

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Greece starts charging tourist tax on cruises
Greece starts charging tourist tax on cruises
Economy

Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent's most popular destinations. Greece adopted the legislation last year in an effort to curb soaring tourist numbers to often-overcrowded destinations, the latest country in Europe to take such measures.

US Senate push to pass Trump's unpopular spending bill enters second day
US Senate push to pass Trump's unpopular spending bill enters second day
Economy

Republican senators struggled Tuesday for a second day to pass President Donald Trump's flagship spending bill, which would slash welfare programs for the poor while adding an eye-watering $3 trillion to the national debt. And even with the spending cuts, the bill would still add more than $3.3 trillion to the nation's already yawning budget deficits over a decade.

UK govt faces major rebellion in welfare vote
UK govt faces major rebellion in welfare vote
Economy

UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday with MPs set for a close vote on welfare reforms that have already forced a damaging climbdown. The prime minister has a massive majority of 165 MPs, meaning he should be able to force whatever legislation he wants through parliament.

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors
CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors
Economy

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. CBEX collapsed in April, leaving scores of investors like Edwin ruined, mainly in Kenya and Nigeria, according to media reports.

US judge orders Argentina to sell 51% stake in oil firm YPF
US judge orders Argentina to sell 51% stake in oil firm YPF
Economy

A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.

NASA eyes summer streaming liftoff on Netflix
NASA eyes summer streaming liftoff on Netflix
Economy

Streaming giant Netflix said Monday it will soon allow viewers to binge rocket launches and spacewalks through a partnership with US space agency NASA. "Whether you're a die-hard space nerd or someone who just really, really enjoys seeing Earth glow from 250 miles up, the countdown has officially begun," Netflix said in a blog post announcing the new NASA+ feed.

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