Tag Archives: threaten

By Rodrigo Campos and Ira Iosebashvili (Reuters) – A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected. Democrats held onto control of the U.S. Senate, extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Republicans remain close to seizing control of the House of Representatives as officials continued counting ballots, with results expected… Source link

Oil prices are perched at 14-year highs, which has also driven a gallon of regular gas above $4, stoking new inflationary fears and pressuring already sticker-shocked consumers. And with the U.S. now moving to curtail Russian oil imports — and leaning on allies to do the same — as punishment for invading Ukraine, it’s not just the absolute price level that has market watchers concerned. “It’s just the speed of this move [that’s] concerning because it wipes out people in certain areas,”… Source link

The NFL scouting combine is scheduled to begin on March 1, but whether or not the 2022 NFL draft’s top players participate is apparently a question mark at this point. Due to discontent over the NFL’s bubble rules at the combine, agents representing more than 150 of the draft’s prospects are organizing a boycott of all testing, on-field workouts and interviews at Lucas Oil Stadium, according to NFL Network’s Ian Rapoport. The players’ main priority is reportedly the NFL softening its… Source link

While cryptocurrency has the ability to improve the global payment system, digital coins still pose considerable challenges to market conditions worldwide, the International Monetary Fund warned in a new report on Tuesday. In its latest Global Financial Stability Report, the fund stated that risks stemming from the booming crypto trading and the proliferation of digital coins “appear contained for now,” but they should be monitored closely. As crypto grows in adoption, the potential impact… Source link

An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws. The warning came in a letter sent by the Asia Internet Coalition, of which all three companies, in addition to Apple Inc, LinkedIn and others, are members. Proposed amendments to privacy laws in Hong Kong could see individuals hit with “severe sanctions”, said the 25 June letter… Source link

A top Federal Reserve policymaker cautioned that skyrocketing home prices could jeopardize progress on recovering the millions of American jobs lost in the pandemic. Federal Reserve Bank of Boston President Eric Rosengren told Yahoo Finance Friday that the hot real estate market is “not at a point where we should be panicked.” But Rosengren said the Great Depression and other downturns were examples of economic expansions that died at the hands of a real estate bubble. “The last thing we… Source link

Fresh coronavirus outbreaks in Southern China are threatening to create new bottlenecks at America’s largest port again, even as the recovery in Western economies help to dramatically reduce its inventory. In an interview with Yahoo Finance Live, Port of Los Angeles Executive Director Gene Seroka said he expected to see “a little bit of a lull” with roughly a third of its cargo coming in from the Pearl River Delta in the Guangdong Province. “What we’re seeing is that 50% of normal… Source link

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(Microsoft Image) Microsoft is wading into a dispute between Google and the Australian government by asserting that it would never threaten to leave the country, as Google did last week. Google is against a proposed new law which would make tech giants negotiate payments with local publishers and broadcasters for content included in search results or news feeds, CNBC reported. The company is threatening to block its search engine in Australia as a result. “While other… Source link

Global internet companies Facebook, Google and Twitter and others have banded together and threatened to leave Pakistan after the South Asian nation granted blanket powers to local regulators to censor digital content. Earlier this week, Pakistan Prime Minister Imran Khan granted the Pakistan Telecommunication Authority the power to remove and block digital content that pose “harms, intimidates or excites disaffection” toward the government or in other ways… Source link