Yen Plunges After Two Dissenters Upstage BOJ's Rate Hike: Full Wall Street Reaction

Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report Authored by Amin Haqshanas via CoinTelegraph.com, Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin or USDt in exchange for clearance through the strait, according to Reuters. “These specific messages are a scam,” Marisks reportedly said,...

Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes One lesson governments never seem to learn is that when taxes push the legal price of something high enough, a black market will eventually show up to collect the difference. Australia is now getting a particularly ugly demonstration of that principle. After more than a decade of relentlessly increasing tobacco taxes in an effort to crush smoking, the country has created an enormous price gap between legal and illegal cigarettes, and organized crime has rushed in to fill it, according...