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Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra

2 hours ago DieselGasoil Comments Off on Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra
BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook’s (FB.O) planned Libra, adding that Berlin would reject any such plans. Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional Read More

India’s Tata Motors to launch new EV in 2020

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MUMBAI (Reuters) – Indian automaker Tata Motors will launch an electric vehicle (EV) early next year based on a new powertrain technology it has developed to grow its portfolio of clean energy cars, the company’s chief executive said on Thursday. The government’s incentive scheme supporting electric transport and a recent cut in taxes on electric Read More

India tells tech firms to protect user privacy, prevent abuse

2 hours ago DieselGasoil Comments Off on India tells tech firms to protect user privacy, prevent abuse
A man walks past the sign of “Google for India”, the company’s annual technology event in New Delhi, September 19, 2019. REUTERS/Sankalp Phartiyal NEW DELHI (Reuters) – Technology firms must protect user privacy and prevent abuse of their platforms, India’s IT minister said on Thursday, speaking as the government draws up a data privacy law Read More

Russia & China veto UN Security Council resolution on Syria truce that would’ve protected terrorists from ‘COMPLETE ANNIHILATION’

3 hours ago DieselGasoil Comments Off on Russia & China veto UN Security Council resolution on Syria truce that would’ve protected terrorists from ‘COMPLETE ANNIHILATION’
Russia and China have blocked a UN Security Council resolution on the truce in Syria’s Idlib province as it didn’t provide an exemption for military action against terrorist groups blacklisted by the UN itself. It was the 13th time that Moscow has used its veto power at the UNSC since the Syrian conflict broke out Read More

Hurricane Lorena dumps heavy rain on Mexico’s Pacific coast

5 hours ago DieselGasoil Comments Off on Hurricane Lorena dumps heavy rain on Mexico’s Pacific coast
A general view shows rain storm caused by Tropical Storm Lorena in Puerto Vallarta, Mexico, September 19, 2019. REUTERS/David Diaz MEXICO CITY (Reuters) – Hurricane Lorena lashed parts of Mexico’s Pacific coast with heavy rain and strong winds early on Thursday, as it barreled towards the popular beach resorts of Los Cabos on the Baja Read More

Upbeat data suggest U.S. economy still on moderate growth path

6 hours ago DieselGasoil Comments Off on Upbeat data suggest U.S. economy still on moderate growth path
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Read More

‘When free speech is under attack, bitcoin is a weapon to resist’ – Keiser Report

6 hours ago DieselGasoil Comments Off on ‘When free speech is under attack, bitcoin is a weapon to resist’ – Keiser Report
With fiat currencies losing reliability worldwide, digital coins are changing the public mindset, giving their owners the means to store wealth safely and use the “free money” to exercise other freedoms, an expert tells RT. “Bitcoin changes people, the time horizon changes, people start thinking about the future, long-term solutions, longer legacies due to this Read More

France persuades Germany to consider EU carbon border tax

6 hours ago DieselGasoil Comments Off on France persuades Germany to consider EU carbon border tax
BERLIN (Reuters) – France has convinced Germany to look into a European carbon border tax to protect companies investing in green technology from emission-intensive competition from abroad, a move that could heighten trade tensions with the United States. It is the first time the German government has officially shown a willingness to look into the Read More

Give or take allies: US pulls $160mn pledged to Afghanistan, citing widespread corruption

7 hours ago DieselGasoil Comments Off on Give or take allies: US pulls $160mn pledged to Afghanistan, citing widespread corruption
The US will withhold a total of $160 million destined for projects and initiatives in Afghanistan. Washington says the move and timing is totally due to them finding out the cash will be squandered by Kabul. US Secretary of State Mike Pompeo announced on Thursday that $100 million earmarked for an energy project would be Read More

New threat to Libyan oil unity as rift within NOC opens up

7 hours ago DieselGasoil Comments Off on New threat to Libyan oil unity as rift within NOC opens up
London — A major rift has opened up between Tripoli-based National Oil Corporation and one of its key fuel distribution units, threatening the unity of Libya’s oil and gas sector. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A number of board of directors from NOC’s eastern-based subsidiary Brega Read More