Author: Editor - Top Stories

SEC warns bitcoin, cryptocurrency investors at risk

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission warned Thursday that investors should “exercise caution” with cryptocurrencies like bitcoin, noting state and federal regulators may not be able to recoup any lost investments from illegal actors. Many promoters of initial coin offerings (ICOs) and other cryptocurrency investments are not following federal and state securities laws, SEC Chairman Jay Clayton and Commissioners Kara Stein and Michael Piwowar said in a statement. While regulators are trying to police these quickly growing markets, the SEC urged investors to be vigilant. “The...

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Trump Bannon row: Lawyers seek to halt book’s release

Trump Bannon row: Lawyers seek to halt book’s release 4 January 2018 Lawyers for US President Donald Trump are seeking to stop the release of a book containing damaging allegations about his administration. Fire and Fury: Inside the Trump White House is due for release on Tuesday. It cites former top aide Steve Bannon as describing a meeting with a group of Russians as “treasonous”. It also questions Mr Trump’s fitness for office, reports his wife was crying on election night and says Ivanka Trump has presidential ambitions. The White House has disputed the book’s accuracy. Mr Trump earlier...

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‘Black cab rapist’ John Worboys to be freed from jail

‘Black cab rapist’ John Worboys to be freed from jail 4 January 2018 One of the UK’s most prolific rapists, John Worboys, is to be freed from jail. The black-cab driver carried out more than 100 rapes and sexual assaults on women in London between 2002 and 2008. The former stripper from Rotherhithe, south-east London, gave his victims drug-laced Champagne before attacking them in the back of his cab. In 2009, he was convicted at Croydon Crown Court of 19 offences and ordered to serve at least eight years in jail. The following year police said a number of...

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Trump hails potential Korea talks, credits his firm stance

WASHINGTON/SEOUL (Reuters) – U.S. President Donald Trump on Thursday called potential talks between North and South Korea “a good thing” and the South Korean presidency said he had agreed there would be no military drills with South Korea during next month’s Winter Olympics. South Korea’s Presidential Blue House said Trump told South Korea’s President Moon Jae-in in a telephone call that he hoped inter-Korean talks would lead to good results and that he would send a high-level delegation, including members of his family, to the Winter Olympics, which will...

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U.S. places Pakistan on watch list for religious freedom violations

WASHINGTON (Reuters) – The U.S. State Department has placed Pakistan on a special watch list for “severe violations of religious freedom,” it said on Thursday, days after the White House said Islamabad would have to do more to combat terrorism to receive U.S. aid. The State Department also said it had re-designated 10 other nations as “countries of particular concern” under the International Religious Freedom Act for having engaged in or tolerated egregious violations of religious freedom. The re-designated countries were China, Eritrea, Iran, Myanmar, North Korea, Sudan, Saudi...

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