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The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether froze 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the
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A bus has crashed into a shop in Manchester’s city centre resulting in a “number of casualties”, the ambulance service has confirmed. Police, fire and ambulance crews are present at the incident in Piccadilly Gardens. A spokesperson for North West Ambulance Service confirmed there are “a number of casualties”. Photos from the scene show the
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Sales of new plug-in (EV or PHEV) vehicles in Germany in September 2023 took a massive hit as the country’s EV subsidies continued time-gated phaseouts, based on data analyzed by InsideEVs. Specifically, business subsidies for EV purchases were eliminated entirely as of September 1, 2023 — and the result was a 35% reduction in all
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As the conflict in the Middle East enters its second week, we hear from the US treasury secretary Janet Yellen about military support for Israel. Lisa Hooker from PWC talks about consumer confidence in the run-up to Christmas with Ian. And, Andrew Noble, from Par Equity, discusses venture capital investments. :: Listen and subscribe to
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