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Henry Kissinger says Taiwan cannot be at the core of negotiations between the U.S. and China

KEY POINTS Veteran U.S. diplomat Henry Kissinger says Washington and Beijing must seek to avoid putting Taiwan at the center of their tense diplomatic relationship. His comments come shortly after President Joe Biden said the U.S. would be prepared to intervene militarily if China invaded the democratic, self-governed island. Speaking at the World Economic Forum …

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Goodbye, American soft power: McDonald’s exiting Russia after 32 years is the end of an era

KEY POINTS In 1990, McDonald’s opened up its first restaurant in the Soviet Union, serving a record of 30,000 customers in a single opening day. The iconic American chain is leaving Russia and its 62,000 employees behind as hundreds of Western brands exit the country following its invasion of Ukraine. For a generation of Russians, …

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The Ukraine war has upended the energy transition — and it’s not good news for the planet

KEY POINTS Six months from the end of the COP26 climate conference in Glasgow, Scotland, the global energy picture has changed dramatically. Russia’s invasion of Ukraine has put a planned energy transition at a crossroads. The upshot facing policymakers is that the shift away from fossil fuels is vital to avoid a cataclysmic climate scenario. …

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Finland, Sweden need to move now on NATO while Putin is preoccupied with Ukraine, former secretary general says

KEY POINTS Russia has repeatedly stated it’s against NATO’s enlargement and it has named this as was one of the reasons for its invasion of Ukraine. It is unclear how the Kremlin would react if both Sweden and Finland join the alliance. NATO’s Secretary General Jens Stoltenberg has previously said both nations would be warmly …

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Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity

To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC. Through an email, Amit Zavery, the vice president at Google Cloud, noted that the objective was to make the Google Cloud Platform the most preferred by developers in …

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Elon Musk says businesses and governments may have to pay to use Twitter

KEY POINTS The tech billionaire, who is also the CEO of Tesla and SpaceX, added that the social media platform will continue to be free for “casual users.” It’s unclear how much Musk would like to charge businesses and governments, or whether certain groups such as non-profits and journalists would be exempt from any imposed …

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AI-Generated NFT Collection to Preserve Ukrainian Art and Offer Humanitarian Support

Through a global coalition of advocates, digital innovators, artists, and educators, an AI-generated NFT collection has been established to conserve Ukrainian art and raise funds for humanitarian aid. Dubbed MINT FOR UKRAINE, the non-fungible token (NFT) collection of one million artworks is seen as a stepping stone toward keeping Ukrainian culture in the history books. Tymofiy Mylovanov, …

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BITCOIN MAGAZINE PARTNERS WITH NBA STARS FOR UKRAINIAN RELIEF

Bitcoin Magazine partnered with two NBA stars to drive humanitarian relief efforts for those affected by the Ukrainian conflict with a new “Shoe-R” code. Bitcoin Magazine is partnering with two Ukrainian NBA stars to raise funds for humanitarian efforts as a result of the war in Ukraine. Svi Mykhailiuk of the Toronto Raptors and Alex Len …

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Ukraine Crisis Is Not Propelling Crypto Market Activity, Blockchain Data Shows

Russians are leaving their country and taking money with them, but crypto hasn’t felt the impact – so far. The political and humanitarian crisis in Europe provoked by the Russian invasion of Ukraine created a massive tide of emigration from both countries. For many migrants and refugees, crypto has become the only tangible way to …

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As the month begins, markets will be looking for signs from the Fed.

The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher in March, but they turned in a weak performance for the first quarter, the worst since the pandemic. Investors have been worried about rising …

As the month begins, markets will be looking for signs from the Fed. Read More »