The Queen’s Jubilee long weekend, which (according to The Royal Mint) means “shared lunches, street parties and concerts.”
We’re not so sure about the whole “shared lunches” thing, but we are sure there will be plenty of celebration here in the UK.
Breaking News
Platinum Jubilee: Crowds cheer Queen at the palace as Jubilee begins
Senior royals gathered on Buckingham Palace balcony for the first time since the pandemic
Frontier offers $250 million reverse breakup fee if regulators block Spirit merger
Frontier is offering a $250 million reverse breakup fee to Spirit.
JetBlue Airways is trying to acquire Spirit and has launched a hostile takeover attempt.
JetBlue’s offer includes a $200 million reverse breakup fee.
Despite the market crash, global Web3 metaverse and tax projects continue.
Despite the turmoil in the digital assets market, Web3 developers, institutional investors, and authorities ready to tax metaverse earnings remain stable.
UK freezes record $13 billion in assets linked to two Abramovich associates
The United Kingdom has frozen assets belonging to two Russian oligarchs worth up to $10 billion pounds, or $13 billion U.S. dollars.
Eugene Tenenbaum and David Davidovich are both close associates of Russian billionaire Roman Abramovich.
Thursday’s action represents the largest asset freeze in British history, according to a government spokesperson.
The freeze on Tenenbaum and Davidovich was coordinated with a freeze by authorities on the offshore tax haven of Jersey froze assets valued at more than $7 billion that are suspected of being connected to Abramovich.
Ukraine says Russian cyberattack sought to shut down energy grid
Since Russia began its invasion in February, Ukraine hasn’t been hit by any attacks as visibly destructive as those previous hacks of Kyiv energy companies. But Ukraine has faced multiple so-called “wiper” attacks, including ones that have targeted computers in Ukraine’s government, financial institutions and internet service providers. Those attacks also look to mass-delete files from hacked computers.
Is inflation crunching your budget? Here are 3 ways to fight back
The Consumer Price Index jumped 8.5% in March 2022 from a year earlier, the fastest 12-month increase since December 1981, the U.S. Department of Labor said Tuesday.
The index is a gauge of rising prices across a swath of U.S. goods and services. A basket of items that cost $100 a year ago would cost $108.50 today, on average.
Amazon slaps U.S. sellers with 5% fuel and inflation surcharge
Amazon said Wednesday it’s adding a 5% fuel and inflation surcharge to U.S. sellers who use its fulfillment services.
The surcharge is “subject to change,” according to a notice sent to sellers and viewed by CNBC.
The second Cold War is already beginning, experts say, and many of the battles are being fought with economic weapons
Experts say the next Cold War might already have started.
The Russian invasion of Ukraine has posed a new challenge to a market recovering from the uncertainties of the pandemic.
In the longer term, the health of the market depends on where the crisis in Ukraine is headed next.
Ukraine legalizes crypto sector as digital currency donations continue to pour in
Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country.
The law allows foreign and Ukrainian cryptocurrencies exchanges to operate legally, according to the country’s Ministry of Digital Transformation.
Ukraine’s President Volodymyr Zelenskyy has signed the law as Russia’s war on Ukraine continues underscoring the important role that cryptocurrencies have taken on during the conflict.
