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Gold colored representations of Bitcoin coins
Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers
NEW YORK — The US government has seized more than $14bn (£10.5bn) in bitcoin and charged the founder of a Cambodian business empire, Prince Group, with allegedly masterminding a massive cryptocurrency scam.UK and Cambodian national Chen Zhi was charged on Tuesday in New York for allegedly engaging in a wire-fraud conspiracy and running a money laundering scheme.Mr Chen's businesses were also sanctioned by the US and the UK as part of a joint operation. The UK government says it has frozen assets owned by his network, including 19 properties in London — one of which is worth nearly £100m ($133m).The BBC has contacted the Prince Group for comment.US prosecutors say it is one the biggest financial takedowns in history and the largest ever seizure of bitcoin, with approximately...
October 15, 2025

Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers

Trump's backing for his libertarian ally Javier Miler, who took office in December 2023, is no secret
Trump says US will not 'waste our time' helping Argentina if Milei loses
WASHINGTON — President Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina's currency crisis is an attempt to sway legislative elections this month in the South American nation.Welcoming Argentina's libertarian leader Javier Milei to the White House, Trump warned that the US would not "waste our time" with helping Argentina if Milei's party did not prevail.Milei praised Trump for his peacemaking efforts and said the US president's policies would lead to "prosperity".Argentina's financial turmoil comes ahead of national midterm elections on 26 October, seen as a test of voters' desire to continue backing Milei's cost-cutting, free-market reform agenda.As Trump sat across the table from his Argentine counterpart on...
October 15, 2025

Trump says US will not 'waste our time' helping Argentina if Milei loses

Nobel Peace Prize winner and opposition leader Maria Corina Machado
Venezuela shuts embassy in Norway following opposition leader's Nobel award
CARACAS — Venezuela announced on Monday it would close its embassy in Oslo, days after opposition leader María Corina Machado was awarded the Nobel Peace Prize.In a statement, the Venezuelan government did not comment on Machado's prize, saying that the closure was part of a restructuring of its foreign service.Norway's foreign ministry confirmed that Caracas had closed its embassy in Oslo without providing a reason.The Nobel Committee in Oslo awarded her the prize on Friday in recognition of what it called "her tireless work promoting democratic rights for the people of Venezuela", while Venezuelan leader Nicolás Maduro referred to the 58-year-old laureate as a "demonic witch".The Norwegian foreign ministry called the decision "regrettable"."Despite our differences on...
October 14, 2025

Venezuela shuts embassy in Norway following opposition leader's Nobel award

Hundreds of thousands of federal employees are already on leave without pay as the shutdown approaches its third week
'Painful' job cuts to come if shutdown drags on, warns Vance
WASHINGTON — US Vice President JD Vance has warned of further workforce cuts in addition to the thousands of jobs already axed if the government shutdown is not resolved."The longer this goes on, the deeper the cuts are going to be," Vance told Fox News. "To be clear, some of these cuts are going to be painful."Democrats said Republicans were punishing people by refusing to attach health insurance subsidies to the spending bill.Hundreds of thousands of federal employees are already on leave without pay as the shutdown approaches its third week. No congressional vote is scheduled that could reopen the government.The standoff began on 1 October after Democrats rejected a short-term funding bill. They want the budget to include an extension of federal subsidies for health insurance under...
October 13, 2025

'Painful' job cuts to come if shutdown drags on, warns Vance

US President Donald Trump at the White House in Washington
Trump wields ax over 'Democrat Agencies' as shutdown blame game rages
WASHINGTON – President Donald Trump has said he and his budget director will work out which "Democrat Agencies" to cut as the US government shutdown approached its third day.He suggested Republicans should seize the opportunity to "clear out dead wood" and gave no hint of concessions to Democratic demands that legislation funding the government should include healthcare insurance subsidies.Republicans and Democrats on Capitol Hill, meanwhile, continued to blame each other for failing to keep federal agencies open.Hundreds of thousands of federal workers are staying home, while others worked without pay. Some federal attractions closed to visitors while others, including the Statue of Liberty, stayed open.Analysts don't expect either side to budge without pressure...
October 03, 2025

Trump wields ax over 'Democrat Agencies' as shutdown blame game rages

The US Capitol Rotunda is seen empty on Capitol Hill on Wednesday
White House says layoffs 'imminent' with no end to shutdown in sight
WASHINGTON — The US Congress left town Wednesday without a solution to break its bitter impasse over government funding, with the shutdown now set to last until at least Friday when members return for more votes.But with both parties dug in, many believe it could last even longer than that.The White House is amplifying pressure on Democrats to cave, as President Donald Trump’s budget chief privately warned House Republicans on an afternoon conference call that mass layoffs would go into effect within the next two days, according to multiple people on the call. Russ Vought told the senators that layoffs would target agencies that don’t fit into the Trump administration’s priorities, the people said.So far, however, Democratic leaders show no signs of backing down in the shutdown...
October 02, 2025

White House says layoffs 'imminent' with no end to shutdown in sight

Jane Goodall poses for a portrait in 2017
Conservationist Jane Goodall, whose work revolutionized the study of primates, has died
LOS ANGELES — Jane Goodall, whose lifelong work as a primatologist helped broaden the world’s understanding of animal behavior and emotions, has died, her institute said Wednesday. She was 91.Her field studies with chimpanzees not only broke barriers for women and changed the way scientists study animals, but documented emotions and personality traits within these primates that blurred the line between humans and the animal kingdom.She passed away due to natural causes in California during a speaking tour in the United States, according to her institute.“Dr. Goodall’s discoveries as an ethologist revolutionized science, and she was a tireless advocate for the protection and restoration of our natural world,” the institute said in a statement on social media.Goodall was appointed...
October 02, 2025

Conservationist Jane Goodall, whose work revolutionized the study of primates, has died

Elon Musk
Elon Musk becomes world's first half-trillionaire
NEW YORK — Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year.The tech magnate's net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just over $499bn later in the day, the Forbes' billionaires index reported.Alongside Tesla, valuations of his other ventures, including the artificial intelligence startup xAI and rocket company SpaceX, have also reportedly climbed in recent months.The milestone further cements Musk's status as the world's richest person, well ahead of rivals in the global tech sector.According to Forbes' billionaires index, Oracle founder Larry Ellison is the...
October 02, 2025

Elon Musk becomes world's first half-trillionaire

Venezuela's President Nicolas Maduro at the National Assembly in Caracas on August 22, 2025
Venezuela’s Maduro says he is ready to declare state of emergency if US attacks
CARACAS — Venezuelan President Nicolas Maduro says he is preparing to declare a state of emergency to protect his country in the event of an attack by the US military, amid rising tensions over the deployment of American warships to the Caribbean.In a televised address Monday, he told the country the “consultation process” had begun to declare “a state of external unrest, in accordance with the Constitution, and to protect our people, our peace, and our stability ... should Venezuela be attacked by the US empire, militarily attacked.”The address follows weeks of rising tensions following the US deployment of warships to the Caribbean Sea on what Washington insists is a mission to combat drug trafficking but Caracas believes is aimed at regime change. The US has accused Maduro of...
October 01, 2025

Venezuela’s Maduro says he is ready to declare state of emergency if US attacks

US President Donald Trump shakes hands with Defence Secretary Pete Hegseth
Hegseth pushes to remake the military in his preferred image
WASHINGTON — Before a captive audience of hundreds of senior military officers on Tuesday morning, Defense Secretary Pete Hegseth asserted his vision for how the US military will physically look and act, and offered a stark conclusion: If you don’t agree, resign.“The sooner we have the right people, the sooner we can advance the right policies ... but if the words I’m speaking today are making your heart sink, then you should do the honorable thing and resign,” he said.The right policies, according to Hegseth, center on his broader campaign against past efforts that he has deemed “woke” aimed at promoting diversity or accommodating troops — the specifics of which were made official in 10 directives sent out to military leadership as he spoke.There will be no “fat...
October 01, 2025

Hegseth pushes to remake the military in his preferred image

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