Parts of the country are experiencing brutal heatwaves, with temperatures touching 50C in some areas. https://ift.tt/NmZl3dC May 31, 2024 at 10:46AM
African nations will spend $75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank. from Bloomberg Markets https://ift.tt/LTmald9
Chilean President Gabriel Boric is increasingly grappling with a progressive campaign promise that has proved harder in practice to fulfill: forgiving $12 billion in student loans. from Bloomberg Politics https://ift.tt/ZqVRyx7
Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen, surpassing the amount it used in 2022 to defend the currency after it fell to a 34-year low against the dollar. from Bloomberg Markets https://ift.tt/ar8CbS9
Trump critics and supporters provided enthusiastic reactions outside the courtroom where former President Trump was convicted on all counts against him on Thursday, including some who shared their thoughts with Fox News Digital. “I’m really f—— pleased, f— that guy,” one man told Fox News Digital outside the courtroom with a smile on his face.…
After a tense meeting with an official, hostage representatives think the government is now prioritizing the destruction of Hamas over freeing the hostages. https://www.wsj.com/articles/israeli-families-say-government-has-given-up-on-gaza-hostages-3f2e5523
Economist Stephen Roach criticized US trade policies against China as a “blunder” that risks creating an endless economic conflict between the two nations. from Bloomberg Markets https://ift.tt/z6tHcwJ
A Chinese regulator has followed through on a decision to fine China Evergrande Group and the company’s founder for alleged financial misconduct. https://www.wsj.com/articles/china-securities-regulator-fines-evergrande-and-founder-586-million-b2d9fe60
[PRESS RELEASE – Singapore, Singapore, May 31st, 2024] WEEX, a leading global cryptocurrency exchange, is excited to announce the highly anticipated upgrade of it’s WEEX Futures Pro trading zone. This enhancement is designed to provide Crypto Futures traders with a more robust, efficient, and user-friendly experience, reinforcing WEEX’s commitment to innovation and customer satisfaction. Complimenting…
TLDR Square Enix, the company behind popular game franchises like Final Fantasy and Kingdom Hearts, is moving its Symbiogenesis blockchain game’s NFT character minting to Ethereum layer-2 network Arbitrum. The shift to Arbitrum aims to reduce gas fees for minting NFTs to around 1/1000 of the previous cost on the Ethereum mainnet, making the process…