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19879 articles published since 08 Mar 2022

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Political support leading to increasing fallout for crypto
Political support leading to increasing fallout for crypto
Business and Economy

Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP. "The entire crypto industry is being tarnished," said Claire Balva, strategy director for fintech company Deblock.

'Tariff man': Trump's long history with trade wars
'Tariff man': Trump's long history with trade wars
Business and Economy

Donald Trump loves few things more than talking about his affinity for tariffs, but it's nothing new: he's been saying the same thing for decades. He has since joked that it is now his fourth favorite word, after love, God and family -- but his commitment to them remains as strong as ever.

What next for Venezuela as Trump goes after oil revenues?
What next for Venezuela as Trump goes after oil revenues?
Business and Economy

President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in Venezuela despite the country being under US sanctions. The cancellation of the licenses will prevent PDVSA from using oil to pay the foreign energy companies for gas, as it had been doing, Morillo explained.

OpenAI says it raised $40 bn at valuation of $300 bn
OpenAI says it raised $40 bn at valuation of $300 bn
Business and Economy

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. OpenAI has been riding on the success of its latest image-generation features in ChatGPT, the world-leading AI app and chatbot.

Falling inflation drives down poverty in Argentina: statistics agency
Falling inflation drives down poverty in Argentina: statistics agency
Business and Economy

Argentina's poverty levels fell sharply in the second half of 2024 after leaping during the first months of Javier Milei's presidency, official figures showed Monday. The figures represent a dramatic improvement for the libertarian Milei, whose draconian austerity policies were blamed for driving up the poverty rate to 52.9 percent of the population in the first six months of 2024.

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