Iranian and Egyptian FMs discuss Gaza, N-talks
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of ...
Argentina's President Javier Milei is under investigation for fraud after endorsing the cryptocurrency $LIBRA, which surged and then crashed, causing significant investor losses.
A major political and financial scandal is unfolding in Argentina as President Javier Milei is accused of fraud linked to the cryptocurrency $LIBRA. On Monday, a federal judge initiated an investigation into Milei’s involvement in promoting the digital asset.
The controversy began when Milei used his social media platform to endorse $LIBRA, presenting it as a tool to stimulate economic growth and support small businesses. Within hours of his endorsement, the cryptocurrency's value skyrocketed to a market capitalization of $4 billion, only to crash soon after, leaving investors with significant losses.
Critics have labeled the incident a potential "rug pull" scam—a scheme where developers attract investments, artificially inflate an asset’s value, and then withdraw their funds, causing a sudden market collapse.
Milei, a self-proclaimed "anarcho-capitalist," swiftly distanced himself from the scandal, asserting he had no financial ties to the cryptocurrency’s creators and was unaware of its full details. However, lawyers and human rights organizations have filed complaints, claiming that Milei's actions played a significant role in the alleged fraud.
The federal prosecutor’s office is also investigating whether Milei's involvement breached his official duties or constituted fraudulent behavior. The investigation continues as Argentina grapples with the growing political and financial fallout from this incident.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of mutual interest discussed.
The Communist Party of China has opened the fourth plenary session of its 20th Central Committee in Beijing, as Xi Jinping outlined the country’s achievements over the past five years and presented the draft framework for the next phase of national development.
King Charles III visited the scene of Manchester synagogue attack on Monday where he met with and spoke to eye witnesses of the incident.
British soldiers will soon have the authority to shoot down drones threatening UK military bases under new powers set to be unveiled by Defence Secretary John Healey.
China’s economy grew 4.8% year-on-year in the third quarter, as official data showed the country remains on course to meet its annual growth target of around 5%.
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