In this article USDT.CM= Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital currency is now backed in part by “non-U.S.” government bonds. Stablecoins are a type of cryptocurrency pegged to the
The road to Severodonetsk in Ukraine has to be negotiated at a furious pace. The route incorporates a vast open stretch of land leaving vehicles exposed and vulnerable to attack. The journey is pitted with risks as the Russians try to cut off this, the only route into the city and the one remaining pocket
Eight new cities have been created as part of the celebrations for the Queen’s platinum jubilee taking place in two weeks. The Cabinet Office announced the capital of the Falkland Islands is among the eight places to win converted city status, alongside Bangor in Northern Ireland, Douglas on the Crown Dependency of the Isle of
The Duke and Duchess of Cambridge have made a glamorous appearance alongside Tom Cruise at the UK premiere of the long-awaited Top Gun sequel. The Hollywood legend introduced Prince William and Kate to the cast as a model jet loomed over the red carpet in Leicester Square. Cruise, 59, reprises his role as hot-shot Navy
National Grid has seen its annual pre-tax profits increase by 107% to £3.4bn. The energy network operator attributed much of the rise to its £7.8bn purchase of Western Power Distribution (WPD), which was recently fined £14.9m for failing to help vulnerable customers. National Grid, which delivers electricity to households and businesses, previously said profits in
British consumer confidence has plunged to its lowest level since records began nearly 50 years ago, a survey has suggested, adding to fears that the economy will soon be hit by a slowdown in consumer spending. Market research firm GfK said its consumer confidence gauge sunk to a score of -40 in May, down from
NASA’s Cold Atom Lab aboard International Space Station (ISS) has come up with a discovery that can give a new direction to quantum research. In this lab, researchers have experimented with gas to form an exotic material. Gas, when cooled to nearly absolute zero (minus 459 degrees Fahrenheit, or minus 273 degrees Celsius) formed small,
For five long months, the prime minister and his Number 10 team have been beset by the partygate scandal. From the revelations of multiple rule-breaking events in Downing Street and Whitehall, to the public and political fury that prompted a Whitehall and then a police investigation – the PM will emerge from all of this
A captured volunteer medic’s bodycam footage shows the horrors taking place in the ruined city of Mariupol after it was smuggled out in a tampon. Yuliia Paievska is referred to as Taira in Ukraine, a moniker from the nickname she chose in the World Of Warcraft video game. Using a body camera, the 53-year-old recorded
The Met Police’s investigation into lockdown breaching events at Downing Street and Whitehall has now concluded. They have issued, or will issue, 126 fixed penalty notices (FPNs) to 83 people, with some people getting up to five fines each. Having completed the investigation, the Met Police has now revealed details of how it was carried
Finland remains strident over joining NATO, as Russia offers reassurance that there’s no threat of violence from there. Allies including the United Kingdom have been supportive, while NATO member Turkey says that it is not convinced that Finland should be allowed to join. For the latest developments: https://qrcode.skynews.com/skynews/ukraineblog SUBSCRIBE to our YouTube channel for more
CNN’s Sam Kiley follows Ukraine’s secret police as they apprehend a suspected spy who allegedly provided Russian forces details about the Ukrainian military. #CNN #News
Kawasaki is a bit late to the electric motorcycle game, especially when compared to American motorcycle companies like Zero and Harley-Davidson’s LiveWire. That’s why the company’s promise late last year of three new electric motorcycles to be launched in 2022 was received with such excitement. But now we’re getting word that the first of those
An oil flare burns at Repsol’s oil refining complex in Cartagena, Spain. Repsol was one of the top sellers of assets between 2017 and 2021 in EDF’s analysis. Bloomberg | Bloomberg | Getty Images Oil and gas giants are increasingly selling off dirty assets to private firms, amplifying concerns that the fossil fuel industry’s traditional
The investigation into lockdown-breaking parties in Downing Street and around Whitehall has concluded, the Met Police has announced. In all, police have made 126 referrals for fines relating to the partygate scandal – not all of which have yet been issued. Boris Johnson, his wife Carrie and Chancellor Rishi Sunak are among those that have
George W Bush has accidentally condemned the “unjustified and brutal invasion of Iraq”, an operation he ordered himself in 2003. The former US president, 75, quickly corrected himself to say he had meant to refer to Vladimir Putin’s invasion of Ukraine. He made the gaffe during a speech in Texas on Wednesday in which he
In this article TSLA Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. James Glover II | Reuters Billionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback as the
Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation. The company warned that it sees “significant headwinds” from rising costs including wages, energy and fuel. Royal Mail revealed that it aimed to make cost savings of £350m over the course of its current financial year
NASA astronauts and officials on Wednesday said Boeing’s Starliner space capsule is ready for its uncrewed launch this week to the International Space Station, a long-delayed test mission meant to demonstrate the aerospace giant can safely fly humans in space. Boeing’s CST-100 Starliner capsule, a gumdrop-shaped astronaut pod, has experienced multiple setbacks in recent years.
The Liberal Democrat leader has claimed that Boris Johnson bears responsibility for a rotten political culture and that Tories are “dragging their feet” over rape claims against an MP. Sir Ed Davey told Sky News’s Kay Burley that the arrest of an unnamed Conservative over a series of allegations was “utterly shocking”. He said some