US seizes $3.6 billion in cryptocurrency linked to hack
10 February 2022 | 6:28 am
The US Justice Department announced its "largest financial seizure ever" and the arrest of a New York couple for allegedly laundering money stolen through a 2016 hacking.
Airlines are concerned that the technology, which is planned to be rolled out as early as Wednesday, could have serious consequences. They warn if implemented near airports, 5G could interfere with gauging altitude.
From winning a record number of votes to an unpopular presidency struggling to pass key legislation, how did it go so wrong? With elections around the corner, Biden has little time to turn things around.
The rollout of 5G service may seem like a great thing to device lovers, but for some international airlines it's a major worry. This week, American phone carriers AT&T and Verizon agreed to a partial delay in activating their 5G networks in the US over safety concerns. For more, we speak to technology policy expert Roslyn Layton.
During a press conference to mark his first year in office, US President Joe Biden cited high prices as one of the biggest problems facing the United States. Inflation hit a 40-year high of 7 percent in December. Our correspondents report from Washington on how a higher cost of living is driving many workers to change jobs for higher pay, and FRANCE 24's Business Editor Stephen Carroll looks at how the French government is tackling this issue.
Western nations are rushing to revive the 2015 Iran nuclear deal amid reports that Tehran is boosting its uranium enrichment.
The telecoms and aviation industries went head to head in the United States this week over 5G, a technology that's constantly finding itself the subject of controversy. Just as AT&T and Verizon began switching on their 5G masts, major US airlines warned of a "catastrophe" should the network interfere with planes' ability to land. FRANCE 24's Technology Editor Peter O'Brien explains the technical details, and casts an eye over the future of cellular communications worldwide.
The crowds expressed optimism that the conservative-majority Supreme Court might soon overturn the Roe vs. Wade ruling, which guarantees a constitutional right to abortion.
The US saw 7% year-over-year price increases in December, the largest hike in nearly four decades. This comes as omicron threatens to snarl supply chains once again.
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
The United States has warned that companies' stockpiles of semiconductor chips have shrunk dramatically due to the global supply shortage, putting production at risk from any disruption. A survey of 150 firms for the Commerce Department found the median stocks held by manufacturers had fallen from 40 days' worth in 2019 to just 5 days' worth in 2021. It comes as Democrats in the House of Representatives published a bill for investment worth $52 billion in the sector.
The US Supreme Court is expected to rule on Mississippi's 2018 abortion law. The decision could upend long-established abortion rights across the country. DW met a Kentucky activist who says she'll continue to fight for a woman's right to decide.
Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind" to start raising rates in March, and that it would be guided by the economic data. FRANCE 24's Business Editor Stephen Carroll looks at market reaction to the announcements.
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The move is a stark U-turn for the country, which held a more neutral stance on the alliance in the past. Sweden is expected to follow suit.
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Mikhail Kasyanov, who served as prime minister under Vladimir Putin in the early 2000s, told DW he believed that the Russian president had "already started to realize that he's losing this war."
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Over 3 million refugees have arrived in Poland since the war in Ukraine began. The majority are still in the country and many have found homes with Poles who took them in spontaneously. But many volunteers are exhausted, and the government says it needs help.
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Russia's invasion of Ukraine is being felt far and wide. The ravaged agricultural industry is causing shortages of staples such as wheat, sunflower oil, and corn. DW met a farmer struggling to pick up the pieces after Russian troops destroyed his livelihood.
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As the British government indicates it is preparing to deviate from the Northern Ireland Protocol – a key part of the Brexit deal – the European Commissioner overseeing EU-UK relations tells FRANCE 24 he is "appealing to the UK government to come back to the negotiating table". Maros Sefcovic spoke to our Europe editor Catherine Nicholson.