Category: Lifeline
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Thames Water risks running dry by spring 2025 without £3bn cash lifeline
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Thames Water, Britain’s largest water supplier, has warned it will exhaust its cash reserves by March 2025 if it fails to get urgent court approval for a £3 billion financial rescue package. Without the deal, the debt-laden company may be forced into temporary nationalisation, adding further pressure on the UK’s…
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London City Airport Secures £130m Lifeline Amid Business Travel Decline
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The owners of London City Airport have injected £130m of new equity to financially stabilize the airport amid a long-term decline in business travel. The move comes as the airport struggles to recover from the pandemic, with passenger numbers still below pre-Covid levels. The new capital was provided by a…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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When the dollar store closes, US families on food benefits lose a lifeline By Reuters
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Written by Jessica DiNapoli and Kylie Kang NASHVILLE (Reuters) – Almost every day, Latrina Begley, 37, of Nashville, or one of her six children, shops at the Family Dollar down the hill from their home, using federal food stamps to buy Hot Pockets or frozen pizza and pantry staples. Like…
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Venezuelan Opposition Leader María Corina Machado Calls Bitcoin a “Lifeline” in Exclusive Interview
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In an exclusive interview with Alex Gladstein, Chief Strategy Officer at Human Rights Foundation (HRF) Venezuelan opposition leader Maria Corina Machado discussed the vital role Bitcoin plays in combating economic collapse and authoritarianism in Venezuela. The interview, first published in Bitcoin Magazine, highlights the disastrous impact of hyperinflation caused by…