Bitcoin surges past 7,000 on hopes for US strategic reserve

Bitcoin surges past $107,000 on hopes for US strategic reserve

Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the country’s strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world’s biggest and best-known cryptocurrency, extended gains to a session high of $107,148 and was most recently at…

Is global trade transforming?

Is global trade transforming?

Counting the Cost Is global trade transforming? Geopolitical tensions, climate change and technology are changing the way goods and services are moved across borders. Read more The COVID-19 pandemic has laid bare the vulnerabilities of global supply chains. More than ever before, trade routes are being disrupted by geopolitical tensions, climate change and technological advancements….

Real Madrid vs Pachuca: FIFA Intercontinental Cup final – team news, Mbappe

Real Madrid vs Pachuca: FIFA Intercontinental Cup final – team news, Mbappe

Who: Real Madrid vs Pachuca What: FIFA Intercontinental Cup final Where: Lusail Stadium, Doha, Qatar When: 8pm (17:00 GMT) on Wednesday December 18 Follow Al Jazeera’s live text and photo build-up and commentary. European champions Real Madrid will target a record-extending sixth global crown when they enter the inaugural FIFA Intercontinental Cup against Mexican side…

Trump sues Des Moines Register newspaper, claiming ‘election interference’

Trump sues Des Moines Register newspaper, claiming ‘election interference’

United States President-elect Donald Trump has filed a lawsuit accusing a newspaper and a polling firm of engaging in “brazen election interference” by publishing a pre-election survey that underestimated his popularity. The lawsuit filed late on Monday accuses The Des Moines Register newspaper, its parent company Gannett and pollster Ann Selzer of intentionally downplaying Trump’s…

Why does Europe fear a quick end to the Ukraine war?

Why does Europe fear a quick end to the Ukraine war?

The Bottom Line Why does Europe fear a quick end to the Ukraine war? Czech Foreign Minister Jan Lipavsky argues that a Ukraine deal favoring Russia threatens other European countries. Read more On Ukraine, the difference between the outgoing Biden administration and the incoming Trump administration could not be starker. After the latest United States…

Tottenham lose Bentancur ban appeal for racist comment about South Koreans

Tottenham lose Bentancur ban appeal for racist comment about South Koreans

Tottenham have lost their appeal against the severity of Uruguay midfielder Rodrigo Bentancur’s seven-match ban for making an offensive comment about South Koreans in relation to a remark about Spurs teammate Son Heung-min. The Football Association said Tuesday that Spurs’ appeal was dismissed following a hearing and the sanction stands, with the reasons for the decision…

Georgia court disqualifies prosecutor Fani Willis from Trump election case

Georgia court disqualifies prosecutor Fani Willis from Trump election case

An appeals court in the state of Georgia has ruled that Fulton County District Attorney Fani Willis should be disqualified from prosecuting an election interference case against United States President-elect Donald Trump. In a 2-1 ruling on Thursday, the court found that a romantic relationship between Willis and a former top deputy disqualified her from…

Real Madrid’s Vinicius Junior and Barcelona’s Bonmati win FIFA Best awards

Real Madrid’s Vinicius Junior and Barcelona’s Bonmati win FIFA Best awards

Real Madrid star Vinicius Junior was named the men’s player of the year at the world football governing body FIFA’s The Best awards, where Barcelona playmaker Aitana Bonmati continued to clean up in the prizes for women’s soccer. The 24-year-old Vinicius was so disappointed to lose out to Manchester City midfielder Rodri for the Ballon…

US Fed cuts interest rates but cautions for year ahead

US Fed cuts interest rates but cautions for year ahead

The United States Federal Reserve has cut interest rates but signalled it will slow the pace at which borrowing costs fall any further, given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that “remains low” and inflation that…