Thailand’s cannabis lovers face comedown amid legalization U-turn
Bangkok, Thailand – On Thailand’s Ganja TV, cannabis enthusiasts have followed the drug’s swift journey from banned narcotic, to legal plant for medicinal use, to recreational high. Now, one year after Thailand decriminalized cannabis, the Facebook page’s 90,000-odd followers are looking on bemused as rival politicians threaten to make dispensaries and open consumption illegal once more – […]
Aston Martin axes mid-engine Ferrari 296 GTB rival
Aston Martin has announced that it will no longer develop a mainstream mid-engined supercar to rival the Ferrari 296 GTB. Instead, the company will focus on producing limited-run halo models, such as the Valkyrie and Valhalla. The decision comes as Aston Martin looks to focus on profitability and exclusivity. The company’s chairman, Lawrence Stroll, said […]
Pakistan Needs Convincing Budget to Secure IMF Funding
Pakistan is facing a major economic crisis, with inflation at a record high and currency reserves at a critical level. The country is in the final stages of an IMF bailout program, but there is only one more review left before the program expires. In order to secure the final review, the IMF has set […]
Iran Unveils Hypersonic Missile, Raising Concerns in the West and Israel
Iran has unveiled a new hypersonic ballistic missile, the Fattah, which it claims can travel at up to Mach 15 and has a range of 1,400 kilometers. The unveiling of the missile has raised concerns in the West and Israel, who fear that it could be used to target their countries. Hypersonic missiles are a […]
Crypto Billionaires’ Wealth Crushed by SEC After Big 2023 Bounce
The Securities and Exchange Commission (SEC) has filed lawsuits against two of the largest cryptocurrency platforms in the world, Binance and Coinbase. The lawsuits allege that the companies violated securities laws by failing to register their tokens as securities. The news has sent shockwaves through the crypto industry, with prices for many cryptocurrencies tumbling. Binance […]
US SEC sues world’s largest crypto exchange Binance and founder
The SEC says Binance and its CEO secretly control clients’ assets, allowing them to mix and siphon client funds. The Securities and Exchange Commission (SEC) has sued Binance, the world’s largest cryptocurrency exchange, and its CEO and founder, Changpeng Zhao, for allegedly violating U.S. securities laws. The SEC alleges that Binance failed to register as […]
UN Backs Sudan Envoy as Army Seeks to Oust Him
Sudanese Foreign Ministry sources told Al Jazeera that Volker Perthes will not be allowed to return to the war-torn country. United Nations chief Antonio Guterres said he was “shocked” by a letter from Sudanese army chief Abdel Fattah al-Burhan requesting the replacement of special envoy Volker Perthes. Perthes and the UN mission in Sudan have […]
China Home Prices Rise First Time in 18 Months After Stimulus
China’s home prices rose in February for the first time in 18 months, a sign that government efforts to revive the battered market are starting to pay off. New home prices in 70 cities, excluding state-subsidized housing, gained 0.3% after being unchanged in January, the National Bureau of Statistics reported Thursday. Prices snapped an 18-month […]
SVB Collapse Offers Lesson for China: State Media
Official media say a similar collapse is unlikely in China but the situation has ‘important implications for lenders. The collapse of Silicon Valley Bank (SVB) will not affect China’s financial system but offers an important lesson for the country’s banking industry, the official Securities Times has said. An SVB-style bank failure is unlikely to happen […]
Journalists Work Under Cloud of Fear Amid Modi’s Media Crackdown: Kashmiri Paper’s Head
NEW YORK, Mar 11: The owner of a sealed newspaper in Indian-occupied Kashmir says Prime Minister Narendra Modi’s “repressive media policies are destroying Kashmiri journalism, intimidating media outlets into serving as government mouthpieces and creating an information vacuum in our region of about 13 million people,” as India descends into authoritarianism. In an opinion piece […]