Article
Stablecoin Yields Won't Harm Banks, White House Economists Say
Stablecoin Yields Won't Harm Banks, White House Economists Say
Authored by Amin Haqshanas via CoinTelegraph.com,
A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.
According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked to offer the president economic advice, moving funds from stablecoins back into bank deposits would not translate into significant new lending. Under its baseline scenario, total bank lending would increase by about $2.1 billion, roughly 0.02% of...
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Apr 24, 2026 / Tyler Durden
China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus
China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus
Following earlier news that China has blacklisted 7 EU defense and aerospace firms over their dealings with Taiwan, Bloomberg reports that China plans to restrict top technology firms, including leading AI startups, from accepting US capital without government approval.
Chinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms to reject U.S. investment in funding rounds unless explicitly approved, the report said. The commission - a powerful state planning agency with broad policy-making powers -...
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Apr 14, 2026 / Tyler Durden
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Authored by Monica O'Shea via The Epoch Times (emphasis ours),
Australia’s flag carrier Qantas will cut domestic flights and redeploy capacity from the United States towards Europe as fuel prices double.
Qantas Airways ground staff are seen on the tarmac near planes at the domestic terminal of Sydney International Airport in Sydney, Australia on Jan. 14, 2026. David Gray/ AFP via Getty Images
Qantas revealed fuel costs remained turbulent amid the Iran War in an update on its 2026 financial outlook, which noted...
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Feb 20, 2026 / Tyler Durden
London Mayor Khan Under Fire As BBC Exposes Scale Of Grooming Gangs
London Mayor Khan Under Fire As BBC Exposes Scale Of Grooming Gangs
Authored by Thomas Brooke via Remix News,
London Mayor Sadiq Khan is facing renewed criticism after a major BBC investigation found that vulnerable girls as young as 14 are being lured into forced sex by gangs operating across the capital.
The investigation, based on weeks of reporting and interviews with dozens of people, including five survivors of gang-based violence, concluded that exploitation by organised groups is rife in parts of London.
Some victims told the BBC they were raped by multiple men as...
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