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FTX collapse: What's next for the cryptocurrency industry? | Counting the Cost
FTX has been considered one of the safest and most reliable exchanges of a freewheeling cryptocurrency industry, which wants to bring tokens into the financial mainstream. But Sam Bankman-Fried’s $32bn empire collapsed almost overnight, highlighting the extreme volatility of the virtual currencies. The downfall has sent shockwaves across the market and raised questions over its viability. He has apologised, but that has not helped more…
Laos’ China-made railway brings connection at a cost
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube A US$6 billion railway ties the fate of Laos, one of Asia’s poorest countries, to China’s, the world’s second-biggest economy. The project is integral to the plans of Laos’ communist leadership to plug Southeast Asia’s only landlocked country into the global economy and fast track its seven million people out of poverty. But amid signs of…
UK cost of living protests: Anti-austerity demonstrations in London
Thousands of people have marched in central London to oppose what they say are austerity measures. United Kingdom Prime Minister Rishi Sunak is looking to fill a fiscal hole in public finances by cutting spending and raising taxes. Al Jazeera’s @Nadim Baba reports from London, the UK. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera…
British royals faces scrutiny over the Queen's funeral cost
As the UK mourns its late monarch, it is also facing a cost of living crisis. Millions of people are affected by rising costs including a surge in energy prices. Al Jazeera’s Assed Baig travelled to the North East of England to speak with people about the challenges they are facing. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook:…
Fuel prices infuriate Indonesians amid cost of living crisis
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Protests spread across Indonesia after President Joko Widodo announced on September 3, 2022, that the nation’s subsidised fuel prices will rise by around 30 per cent. Protesters have demanded the plan’s reversal amid other increasing living costs. In response, the government has agreed to review the country’s minimum wage and other labour policies. Support us: https://subscribe.scmp.com…
Who's winning the energy battle between Russia and the West? | Counting the Cost
An all-out energy war between Russia and the West threatens to deepen Europe’s energy crisis, putting pressure on governments to make interventions in the energy market to rein in soaring prices. But it also puts the Kremlin’s revenues at risk and is meant to stem the flow of funds into its war coffers. Moscow’s earnings from energy exports are expected to rise by 38 percent…
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Scientists spotted a new behaviour in a wild orangutan in Indonesia named Rakus. He appeared to use a medicinal herb to treat a wound on his cheek. Subscribe to our [...]
At least 21 people were killed in the US as powerful storms and tornadoes hit over the Memorial Day holiday weekend. Video shows the path of destruction from a tornado [...]
The police force in the Australian state of Victoria has issued an apology for its role in forcibly taking Indigenous children from their families during the 19th and 20th centuries. [...]
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