Category: World

Crypto exchange Bybit loses 1.5 billion in record hack 1740233343 Bybit Suffers Record $1.5 Billion Crypto Hack, Pledges Full Reimbursement

Bybit Suffers Record $1.5 Billion Crypto Hack, Pledges Full Reimbursement

NEW YORK, Feb 22, 2025 (BSS/AFP) – Dubai-based cryptocurrency exchange Bybit has confirmed a massive security breach, with hackers stealing $1.5 billion in digital assets—the largest crypto theft in history. Bybit’s CEO and founder, Ben Zhou, addressed the situation in an online chat, assuring users that their funds would be protected. “Your funds are safe,” […]
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US Stocks Slide Amid Economic Slowdown Fears 1740225073 US Stocks Slide Amid Economic Slowdown Fears

US Stocks Slide Amid Economic Slowdown Fears

NEW YORK, Feb 22, 2025 (BSS/AFP) – Wall Street stocks tumbled Friday, closing the week on a pessimistic note as concerns over slowing US economic growth intensified. While Asian markets saw gains and European stocks remained mixed, major US indices spent the entire session in the red, ending about two percent lower. The selloff followed […]
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Philippines Celebrates Removal from FATF Money Laundering ‘Grey List 1740224812 Philippines Celebrates Removal from FATF Money Laundering ‘Grey List’

Philippines Celebrates Removal from FATF Money Laundering ‘Grey List’

MANILA, Feb 22, 2025 (BSS/AFP) – The Philippines has welcomed its removal from the Financial Action Task Force (FATF) “grey list,” a designation that had subjected the country to increased monitoring for money laundering and terrorism financing—a status that can complicate global financial transactions. The Southeast Asian nation had been under FATF scrutiny since 2021, […]
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Donald J Trump 1 1740155755 Trump Ends Protection for 500,000 Haitian Migrants

Trump Ends Protection for 500,000 Haitian Migrants

WASHINGTON, Feb 21, 2025 (BSS/AFP) – The Trump administration announced Thursday that it is canceling the extension of Temporary Protected Status (TPS) for over 500,000 Haitian migrants that had been granted by former President Joe Biden. The United States provides TPS to foreign citizens who cannot safely return to their home countries due to situations […]
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Democrats Gear Up for Battle as US Senate Holds ‘Vote a Rama 1740154344 Democrats Gear Up for Battle as US Senate Holds ‘Vote-a-Rama’

Democrats Gear Up for Battle as US Senate Holds ‘Vote-a-Rama’

WASHINGTON, Feb 21, 2025 (BSS/AFP) – The US Senate kicked off an all-night “vote-a-rama” on Thursday, with Democrats preparing to introduce hundreds of amendments to a Republican-drafted budget resolution that notably lacks support from former President Donald Trump. A Rare Opportunity for Political Maneuvering The vote-a-rama offers a unique opportunity for senators to propose and […]
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US Senate Passes Budget Plan Without Trumps Support 1740152250 US Senate Passes Budget Plan Without Trump’s Support

US Senate Passes Budget Plan Without Trump’s Support

WASHINGTON, Feb 21, 2025 (AFP) – The US Senate passed a budget blueprint early Friday, overcoming Democratic opposition and moving closer to securing funds for border security and other Republican priorities. However, the plan lacks former President Donald Trump’s endorsement, as it does not include the tax cuts he wants to extend. A Narrowly Approved […]
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