WASHINGTON (Reuters) - Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.
Minnesota’s early start and continued support of clean energy policies creates a competitive advantage.
The clean energy market is developing rapidly, reducing the state’s dependence on imported energy. Biofuels production capacity, energy efficiency savings, and solar and wind installations all had triple-digit percentage growth between 2000 and 2012.
Employment in clean energy sectors reached 15,300 in 2014. Clean energy employment in Minnesota surged 78 percent between January 2000 and the first quarter of 2014, growing steadily through the recession. The state’s total employment grew 11 percent over the last 15 years.
President Trump said on Sunday that a group of four minority congresswomen feuding with Speaker Nancy Pelosi should “go back” to the countries they came from rather than “loudly and viciously telling the people of the United States” how to run the government.
Wrapped inside that insult, which was widely established as a racist trope, was a factually inaccurate claim: Only one of the lawmakers was born outside the country.
Earlier this week the US Federal Reserve Chairman Jerome Powell made media waves and rocked crypto Twitter when he suggested that Bitcoin is a speculative store of value that functions similarly to an investment in gold. President Trump, who is often at loggerheads with the Federal Reserve, quickly responded by tweeting that Bitcoin is not money and simply a speculative instrument which is often used to facilitate crime.
Now, Fundstrat head analyst and partner Thomas Lee has weighed in on the issue and according to him Trump’s tweet will have the unintended effect of bringing more attention to Bitcoin. Lee explained that Trump’s disdain for Bitcoin, Facebook’s Libra and cryptocurrencies in general “makes the other 99% more aware” of Bitcoin and funny enough Trump’s signature phrase “Bad publicity is sometimes better than no publicity at all.”
When a couple decided to “break free” and realize their long-awaited eco-friendly dream home, they turned to Chapel Hill-based architect Arielle Condoret Schechter to bring their vision to life. With their grown son now out of the house, the couple wanted to downsize to a simple modernist home where they could peacefully age in place. Nestled in a secluded place in the woods of Chatham County, North Carolina, the resulting sustainable home is custom-designed to meet all their needs, from achieving net-zero energy to its modernist design with architectural elements inspired by the Netherlands-based De Stijl movement of the early 1900s.
TOKYO (Reuters) - Japanese authorities have set up a working group to discuss the impact Facebook’s proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders’ gathering where the topic will be high on the agenda.
Unless you’ve been hiding under a rock, you’ll be aware that Facebook has announced plans for its own cryptocurrency, Libra. All part of its ambition to transform cryptocurrency, and provide a substitute for cash, payment cards and bank transfers – within and across borders. With the help of its digital wallet Calibra, which is expected to launch in 2020, Facebook’s stated mission is to enable global financial inclusion. It’s a bold move, and one I’m not sure they’ll find as easy as competing with Snapchat.
LO3 announces 'major investments' from Shell and Japanese corporation Sumitomo as it seeks to scale up its community energy networks globally
BOSTON (Reuters) - Climate activists found companies more receptive to steps like cutting emissions or buying clean power this year, a new tally of shareholder resolutions shows, a trend proponents said undercuts the case for proxy rule changes sought by business groups.