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After a data breach, the US Department of Energy was asked for ransom twice
A representative for the United States Department of Energy said on Friday that the agency had received ransom demands from the Russia-linked extortion gang Cl0p at its nuclear waste plant and the scientific education institutions that had been compromised in a recent global hacking campaign.
...Another billion-dollar intervention is being discussed as the value of the Japanese yen continues to decline.
After crossing that threshold at the end of last month for the first time since November, the Japanese yen traded just above 140 against the US dollar on Monday.
The yen fell to levels last year that had not been seen since 1990 when Japan's Finance Ministry intervened to support th...
At the South Korea-United States summit, extending deterrence should be the top goal.
Ahn Ho-young, the former South Korean ambassador to the United States, has encouraged the leaders of the United States and South Korea to undertake an in-depth conversation on improving US steps to reinforce extended deterrence, the United States' pledge to protect South Korea with the entire...
South Korea says that if US money is given to companies, chip factories in China won't have to close.
On Wednesday, South Korea's trade ministry said that recipients of the $52 billion in semiconductor funding the United States proposes to restrict from being used by "countries of concern" will not be forced to shut down their China facilities. On Tuesday, the US Department of Comme...
The Fed's aggressive approach has put Korea under duress.
The Korean won has dropped against the dollar after Powell's comments signaled the likelihood of future rate hikes. Signals of future rate hikes from the US Federal Reserve have weighed on the Korean economy, raising concerns about a widening gap between the key rates of the two nations, whic...
After a day of ups and downs on Wall Street, the US stock market ends the day with a gain, and the S&P 500 ends its loss streak.
On a volatile day on Wall Street, the S&P 500 managed to finish the day in the black, ending a four-day losing streak as investors tried to make sense of how interest rate policy might affect the U.S. economy. As investors attempted to predict what the U.S. Federal Reserve would do with inter...
As senators seek more information, the US fires down a fourth high-altitude object.
The US military shot down a fourth unidentified object on Sunday and hopes to recover it. Officials stated there was no evidence of collateral damage and that the object ended up in the lake. "Its path and altitude raised concerns, especially that it could harm civil aircraft." Rep. Jac...
France drops case against Facebook over 'cookies'
On Thursday, French privacy regulators announced they were closing their investigation into Facebook, finding that the US internet giant has altered its data collection practices to be in line with French law. In December of 2016, the French regulator CNIL fined Facebook 60 million euros (about $...
With today's closure, the value of one US dollar was 81.77 rupees
As the US dollar strengthened elsewhere and oil prices rose, the Indian rupee ended Tuesday at a preliminary rate of 81.77 USD/INR (minus 19 paise). Investor sentiment, according to forex traders, has taken a hit due to prolonged withdrawals of foreign funds. The rupee started the day trading at ...
Suspended Jail Term for Wife of US Diplomat in Fatal UK Car Crash
Anne Sacoolas, the wife of a US diplomat, was sentenced to an eight-month prison term suspended for a year in a London court on Thursday for causing the death of a teenager in a fatal crash in England in 2019.
Harry Dunn, 19, died in August 2019 after colliding with a car driven by Saco...
Georgia goes to the polls again in a tiebreaker midterm election for a US Senate seat.
Georgians will return to the polls on Tuesday for a run-off vote, just four weeks after voting in this year's US midterm elections. This last vote may give Democrats a little more comfortable Senate majority. Two Black males are on the ballot for the first time as major party nominees: Hersch...
The White House has asked Republicans to condemn Trump's remarks on the US Constitution
The White House blasted Donald Trump's weekend statements calling for the suspension of constitutional standards and asked more Republicans to speak out against the previous president.
"Every President and every member of Congress vows to 'protect' the United States Con...
In early trading, the rupee climbs 5 paisa to 79.82 US cents
As domestic equities continued their upward trajectory, the rupee strengthened 5 paise to 79.82 against the US dollar in early trade on Monday.
According to forex traders, the rupee is trading in a tight range as investor confidence is being affected by the strengthening of the American...
A Korean group visits Washington to conduct US IRA negotiations.
According to Foreign Ministry on Monday they stated that the South Korean government is planning to sending a group of negotiators to Washington to address the US Inflation Reduction Act, which plans to disallows tax benefits for electric vehicles made outside of North America.
Accordin...
Asian Equities Dropped after Fed’s remarks on interest Rates.
According to the US Federal Reserve authorities they stated that to restrain interest inflation high interest rates will remain for a certain period and on Monday Asian shares dropped.
According to the report it states that Asia’s Decline is correlated with Wall Street Decline, By...
The price of natural gas has increased significantly in both the US and the EU during the past year
The cost of natural gas for US consumers has increased by more than treble in the last year. According to the Energy Information Administration EIA, natural gas generates around 38% of the electricity used in the US.
Additionally, natural gas is used to heat both the water and space in ...
To clean approximately 1,300 hazardous sites, the US reinstated Superfund taxes
Two long-expired excise levies on 42 chemicals and products derived from them are being reinstated by the US government. More than 1300 polluting sites in the US will be decontaminated with the help of the anticipated $14.4 billion (£12 billion) in revenue.
The "Superfund&quo...
Will conservative Hispanics change US politics
Which American political party would you venture a guess as to deliver the first Congresswoman of Mexican descent? Democratic Party? or the Donald Trump party? It is the latter as if to demonstrate how nothing in American politics today is foreseeable. In a special election two weeks ago, Mayra F...
US farmers experience severe chemical shortages
According to Reuters, US farmers have reduced their use of common weedkillers, looked for alternatives to popular fungicides, and altered their planting schedules as a result of ongoing shortages of agricultural chemicals that could reduce yields.
At a time when global grain supplies ar...
Dragging the United States into the quagmire: The United States should not strengthen its ties with Saudi Arabia and the United Arab Emirates
Saudi Arabia and the United Arab Emirates have emerged as major participants in global politics as a result of their oil production capacity and closeness to US rivals. Following differences over the war in Ukraine, President Biden and the UAE are reportedly contemplating a "strategic securi...