Tag Archives: official

Russian official issues stark threats to the West

MOSCOW (AP) — Moscow may respond to Western sanctions by opting out of the last nuclear arms deal with the U.S., cutting diplomatic ties with Western nations and freezing their assets, a senior Russian official warned Saturday as Russia’s ties with the West dived to new lows over its invasion of Ukraine. Dmitry Medvedev, the deputy head of Russia’s Security Council chaired by President Vladimir Putin, also warned that Moscow could restore the death penalty after Russia was removed from… Source link

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Russian cyberattacks could be ‘serious pain point’ for US economy: former FBI official

U.S. government agencies and American companies are bracing for potential Russian cyberattacks in the wake of Russia’s invasion of Ukraine and the imposition of U.S. sanctions. Russia has struck before — notably with its hack of the Colonial Pipeline, which cut off 45% of the fuel supply to the East Coast last May. Cybersecurity experts are warning of hits to infrastructure providers that could disrupt power supplies or other necessary services. One expert, a former executive at the… Source link

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Top White House official on the Russian sanctions to come: ‘We’re not cowboys’

On Wednesday afternoon, just hours before Vladimir Putin launched a long-planned attack on Ukraine, a top White House official joined Yahoo Finance Live to preview the planned sanctions against Russia. Daleep Singh, White House Deputy National Security Advisor for International Economics, underlined that the plan will be wide-ranging — and that crucial American economic allies will be on board to make the measures stick. His comments echo those made by White House press secretary Jen Psaki Source link

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Stablecoins need ‘clear, consistent’ rules as crypto booms: Treasury official

A top Treasury official on Tuesday is expected to make the case to Congress that there are gaps in the framework for stablecoins, should they become widely used by households and businesses. As lawmakers and the White House weigh oversight of the booming cryptocurrency sector, regulators and policymakers need to monitor stablecoins closely, according to Nellie Liang, Undersecretary for Domestic Finance. Liang is testifying before the House Financial Services Committee as the sole witness on… Source link

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Biden’s $2 trillion spending bill will get done but ‘it’ll look different’: Cabinet official

The White House plans to restart negotiations on its $2 trillion spending bill, just days after pivoting to a long shot push for voting rights reform and two weeks after key moderate Sen. Joe Manchin (D-WV) abandoned talks on the spending measure, Reuters reported on Tuesday. In a new interview, U.S. Secretary of Commerce Gina Raimondo expressed certainty that the bill, known as Build Back Better, would succeed but acknowledged that the final version would “look different” from the expansive… Source link

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‘We are not where we need to be,’ COP official says

GLASGOW — A leader of the UN’s Conference of Parties (COP) offered a blunt assessment to kick off the 2021 United Nations Climate Change Conference (COP26) most consequential gathering Sunday. “Very frankly, we are not where we need to be and I think that’s something that we need to be very honest about,” Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change, told reporters ahead of the World Leaders Summit. “We are seeing that all… Source link

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China Trading Apps Tank After Official Calls Them ‘Illegal’

(Bloomberg) — China’s largest cross-border brokers plummeted in U.S. premarket trading after a central bank official questioned the legitimacy of their operations amid Beijing’s continuing crackdown on private enterprise. Most Read from Bloomberg These online brokers are engaged in “illegal financial activities” because they have no “driving licenses” to operate in China, Sun Tianqi, a senior People’s Bank of China official wrote in an article published on the website of Finance… Source link

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Voyager Digital Becomes the Official Cryptocurrency Brokerage Partner of the Dallas Mavericks

Voyager is the first international partner of the Dallas Mavericks, joining forces to make crypto more accessible for all TSX: VOYGOTCQX: VYGVFBorse Frankfurt: UCD2 NEW YORK, Oct. 27, 2021 /CNW/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, has entered into a five-year exclusive, integrated partnership with the Dallas Mavericks, becoming the team’s first… Source link

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Google security official mocked gay staffer, lawsuit alleges

Oct 1 (Reuters) – A senior manager on Google’s global security team crudely joked about a company security guard in text messages, part of a pattern of workplace harassment against the gay, Black employee, according to a lawsuit filed by the employee this week. David Brown, who according to the lawsuit is jointly employed by the Alphabet Inc (GOOGL.O) unit and security company Allied Universal, is seeking unspecified monetary damages for alleged physical and emotional harassment at Google’s… Source link

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People Bank’s Of China Official Announces Further Crackdown

Bitcoin (CRYPTO: BTC) and other cryptocurrencies “are not legal tenders and have no actual value support,” according to Deputy Director of the Financial Consumer Rights Protection Bureau of the People’s Bank of China (PBoC) Yin Youping. What Happened: According to a report by local news outlet People’s Daily Online, Youping said that cryptocurrencies are purely speculative assets. He also advised the public to increase its risk awareness and stay away from the crypto market to “protect… Source link

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