Author: Press Room

German Chancellor Olaf Scholz is something of a rarity amongst European leaders: aged 64, he has been an elected politician since the 1990s. At meetings of EU heads of government, he cuts an avuncular figure as only Nicos Anastasiades of Cyprus is older. Antonio Costa of Portugal and Klaus Iohannis of Romania are the only other leaders to have blown at least 60 candles on their birthday cakes.  Nine of the 27 EU leaders are meanwhile in their forties. One, Finland’s Sanna Marin, has yet to even reach that milestone. According to a 2019 report by Bloomberg, the average age of global…

WARNING: The footage of the sickening attack shows the teen on the floor as she is repeatedly kicked and punched in the headVideo LoadingVideo UnavailableThe video will auto-play soon8CancelPlay nowThe mum of a teenager girl brutally attacked outside a house party feared she “could have died” as sickening video footage of the assault is released. Mobile phone footage shows the 16-year-old victim repeatedly punched and kicked in the head, before her attacker looks up and asks people nearby to pass that bottle” – believed to be a bottle of vodka. The mum of the victim has spoken out about the…

Talk about climate change. Criticism of sustainable investment has boiled over since the end of the pandemic, particularly in the US. That will not worry Ian Simm, founder of UK sustainability stalwart Impax Asset Management. Business has held up nicely of late, suggesting that the sustainability investment thesis is itself sustainable. Despite seesawing equity prices, Impax has brought in more money to manage. In its first quarter — ending December — net inflows climbed £797mn to a total of £37.9bn under management. That is down 8 per cent from last year’s peak. Even so, the direction has reversed upwards since…

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.comThe New Web 3.0 health and wellness platform Fight Out is set to revolutionize the fitness space with a new move-to-earn (M2E) model that incentivizes and rewards users for being proactive. The project is in its first presale stage and has raised over $2.79 million in its presale in a matter of weeks.CME Introduces Metaverse Index Last week, CME Group, one of the largest derivatives markets in the crypto space, announced that it would partner with CF Benchmarks to launch…

Los Angeles Lakers star LeBron James made clear that his ultimate focus was on his teammates and not building the team’s roster for a push into the postseason.James’ tweet came after a report from The Athletic that described the superstar player’s patience as “waning.” “Hey Sam actually my patience isn’t waning,” he tweeted. “You make it sound like I’m frustrated when I’m really not. I told you over and over, my job is focused on the guys in the locker room, my job isn’t the roster. That’s the reality of that conversation. And I said what I said with the……

A 55-page set of rules for the House that House Speaker Kevin McCarthy hopes to pass on Monday will set ambitious new curbs on federal spending, part of the GOP’s effort to stop piling on trillions of dollars in new debt each year.One of the biggest changes is a return to a “Cut-As-You-Go” policy that says legislation cannot be considered if it increases mandatory spending over a 5- or 10-year period of time. This “CUTGO” policy requires bills that call for new spending to find offsetting spending cuts elsewhere in the federal budget.That is a more aggressive stance compared to…

The US Department of Justice has retained control of the contested 56 million shares of Robinhood, a popular financial trading app, worth approximately $500 million. In a January 6 court filing, the DOJ notified the court handling the bankruptcy of BlockFi that it has seized 55,273,469 shares of Robinhood, worth more than $450 million at the time of publication. The shares had been held at an account at brokerage firm ED&F Man.The “seized Assets constitute property involved in violations” of money laundering and could have been proceeds of violations of wire fraud, the DOJ said. The shares are owned by Sam Bankman-Fried and FTX…

CNN  —  The Supreme Court on Monday sided with a Texas death row inmate who is trying to overturn his conviction based on faulty DNA evidence. In a rare reversal, the inmate received the support of the district attorney involved in the case. In an unsigned order, the justices agreed to take up the case, but in doing so wiped away the lower court’s decision and sent the case back to that court “for further consideration in light of the confession of error by Texas in its brief filed” in September. “The most alarming thing about the court’s decision to…

CNN  —  The Atlanta-area special grand jury investigating whether former President Donald Trump and his allies violated the law in their efforts to overturn the 2020 election has completed its work, according to a new court filing. “Given the special purpose grand jury’s delivery of its final report, the undersigned’s recommendation, and the Superior Court bench’s vote, it is the ORDER of this court that the special purpose grand jury now stands DISSOLVED,” Judge Robert McBurney, who has been overseeing the Fulton County special grand jury investigation, wrote in Monday’s short court order. Special grand juries in Georgia are not…

CNN  —  A campaign watchdog group is filing a complaint Monday with the Federal Election Commission, accusing newly sworn-in Rep. George Santos of illegally using campaign funds to pay personal expenses and of concealing the source of more than $700,000 that the New York Republican plowed into his election bid. The Campaign Legal Center’s complaint also alleges that the embattled congressman’s campaign falsified how it spent campaign funds, citing dozens of disbursements of exactly $199.99 – one penny below the threshold above which campaigns are required to retain receipts. The complaint marks the latest potential legal complication for Santos, who…