Category: Warns
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New York AG Letitia James warns crypto: ‘Play by the rules’
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New York Attorney General Letitia James warned the cryptocurrency industry against “playing by the same rules as everyone else.” In a May 25 post on her official X account, James stated: “We will go after those who don’t.” see below. History of enforcement James has been in office since 2018…
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Crypto Advocate Samson Mow Warns: Beware Politicians’ Pro-Crypto U-Turn
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In a recent analysis of the evolving cryptocurrency landscape, Bitcoin advocate Samson Mu expressed doubts about the growing support for digital assets among politicians. Mo warns that if the fundamental properties of Bitcoin and others Digital currencies If you’re confused, this temporary change could cause problems in the future. Failure…
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Crypto Advocate Samson Mow Warns: Beware Politicians’ Pro-Crypto U-Turn
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In a recent analysis of the evolving cryptocurrency landscape, Bitcoin advocate Samson Mu expressed doubts about the growing support for digital assets among politicians. Mo warns that if the fundamental properties of Bitcoin and others Digital currencies If you’re confused, this temporary change could cause problems in the future. Failure…
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IFS Warns of Tight Fiscal Constraints for Next Government
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Britain’s fragile public finances will cast a pall over the general election campaign, with both Rishi Sunak and Sir Keir Starmer warning of looming fiscal challenges by a leading economic think tank. The Institute for Fiscal Studies (IFS) warns that the economy faces the “worst of both worlds” – lower…
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UBS warns gold prices may pull back soon, remains bullish long-term By Investing.com
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In a note to clients, UBS analysts asked investors to consider portfolio hedges amid ongoing macroeconomic uncertainty. However, they noted that although gold has traditionally served as a safe-haven asset, there are potential headwinds in the short-term. Specifically, if markets lower their expectations for an interest rate cut by the…
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Ex-offenders “neglected” in the workplace due to lack of digital skills, warns Digital Poverty Alliance
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With current high reoffending rates, prison leavers face neglect when seeking to reintegrate into society due to insufficient digital skills, according to the Digital Poverty Alliance (DPA). Government statistics It reveals that the recidivism rate is currently 26 per cent, and has increased since 2021. The DPA believes that schemes…
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ECB’s Wunsch Warns That Risks to Inflation Outlook Persist
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Breadcrumb links BMN Business ECB Governing Council member Pierre Funche still sees risks to consumer prices – including a weakening of the euro if monetary policy deviates too far from the US. Article writer: Bloomberg News Mark Schruers Published on May 8, 2024 • 2 min read You can save…
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Japan warns of action over rapid currency moves By Reuters
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Written by Satoshi Sugiyama and Laika Kihara TOKYO (Reuters) – Japan may have to take action against any disorderly foreign exchange movements due to speculation, the Japanese government’s top currency diplomat Masato Kanda said on Tuesday, strengthening Tokyo’s readiness to intervene again to support the fragile yen. In a sign…
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Putin Critic Warns Kremlin Will Seize More Assets to Punish Foes
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Breadcrumb links BMN Business The founder of a seized Rolf car dealership has vowed to fight for compensation as nationalizations intensify in Russia. Article writer: Bloomberg News Marton Eder Posted on May 4, 2024 • 4 minutes read You can save this article by registering for free here. Or log…
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Government’s Natwest Sale Raises Concerns, FTSE 250 Chief Warns
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The government’s impending sale of its remaining stake in Natwest has raised concerns, with the head of the FTSE 250 wealth manager warning of potential risks associated with retail investors’ increased exposure to a single share. Stephen Levin, chief executive of London-listed fund manager Quilter, criticized the government’s strategy, describing…