A social media post by Argentine President Javier Milei endorsing a cryptocurrency has sparked controversy, backlash, and impeachment threats
Argentine President Javier Milei is under fire and facing impeachment threats after promoting a cryptocurrency in a social media post, which later crashed.
Milei posted on X endorsing the little-known crypto coin $LIBRA, causing its value to surge to nearly $5 per token. However, just hours later, the cryptocurrency plummeted to below $1.
Argentina’s fintech chamber has acknowledged that the case could potentially be a "rug pull," a scheme in which developers inflate a token’s value through legitimate investments before selling off their holdings and causing its collapse.
Opposition lawmakers have announced plans to file an impeachment request against the president.
Milei deleted the post after a few hours, claiming he was unaware of the circumstances and had no connection to the cryptocurrency.
Argentina’s Presidential Office has announced the creation of a task force to investigate the launch of $LIBRA and the companies and individuals involved in its operation.
Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom's deepening ties with interim President Ahmed al-Shara...
From the Nile to the Himalayas, disputes over shared water sources are fuelling geopolitical rivalries and threatening regional stability. Enter water...
Uzbekistan’s Energy Ministry, the State Oil Company of the Azerbaijan Republic (SOCAR), and Uzbekneftegaz signed a Production Sharing Agreement (PSA...
India’s aviation regulator has warned Air India it could face enforcement action for breaching safety standards related to crew fatigue management a...
Cambodian and Thai forces clashed along their disputed border on Thursday, with Thailand deploying F-16 fighter jets and Cambodia firing rockets, kill...
Argentina will no longer require visas for Chinese citizens holding valid U.S. entry visas to enter the country for tourism or business, the government said on Monday, in a move reflecting warming ties between Buenos Aires and Beijing.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
Former Argentine President Cristina Fernandez de Kirchner has been ordered to serve her six-year corruption sentence under house arrest in Buenos Aires, following a judge's ruling on Tuesday.
Argentina’s Supreme Court has confirmed a six-year prison sentence against former President Cristina Fernández de Kirchner for corruption, also upholding a lifetime ban from holding public office.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
From the Nile to the Himalayas, disputes over shared water sources are fuelling geopolitical rivalries and threatening regional stability. Enter water diplomacy, a critical, if underused, tool in the fight to prevent conflict and promote cooperation in a thirsty world.
India’s aviation regulator has warned Air India it could face enforcement action for breaching safety standards related to crew fatigue management and training, according to government notices seen by Reuters.
Cambodian and Thai forces clashed along their disputed border on Thursday, with Thailand deploying F-16 fighter jets and Cambodia firing rockets, killing at least 12 people and injuring 17, according to Thai authorities. The escalation was triggered by landmines laid along the border.
Iran has called on the E3 to act independently in nuclear negotiations while approving an International Atomic Energy Agency (IAEA) visit that excludes formal inspections.
Greece has invited Libya’s internationally recognised government in Tripoli to begin talks on demarcating exclusive economic zones (EEZs) in the Mediterranean, Prime Minister Kyriakos Mitsotakis said late on Wednesday, in a move aimed at improving strained relations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment