The Biden administration is considering trying to expel Nicaragua from a lucrative regional free trade pact — or allocate its valuable sugar quota to another country in Central America — to retaliate against President Daniel Ortega’s crackdown on his opponents, according to a US official. The economic impact of the action is still under analysis … Read more
Press play to listen to this article It is not easy to pinpoint the nadir of the EU’s great pivot to Africa. The shift in Europe’s focus was trumped with great fanfare by Commission President Ursula von der Leyen and Council President Charles Michel at the start of their mandates in December 2019. But the … Read more
In a development as stunning as their blockbuster trade last week, which swapped disgruntled superstars and sent shock waves through the NBA, the Nets won a basketball game. The winless streak that had lasted over three weeks finally ended after 11 straight losses, with the Nets finding a branch to reach for during an all-out … Read more
Canadian politicians have expressed increasing worry about the economic effects of disruptive demonstrations after the busiest border crossing between the US and Canada became partially blocked by truckers protesting vaccine mandates. The blockade at the Ambassador Bridge between Detroit and Windsor, Ontario, prevented traffic from entering Canada while some US-bound traffic was still moving, public … Read more
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the US, and I’ll walk you through the important things to keep in mind when reporting crypto trading on your tax returns. Meanwhile, if you’d like to … Read more
Is this Julius Randle’s big audition to be part of “All the Kings’ Men”? And the trial of De’Aaron Fox’s Garden? The Kings are visiting Monday amid reports that Sacramento is seeking the same zeal as Leon Rose’s Knicks. There are reports that Fox, the guardian of the Kings, is around because his presence at … Read more
Robinhood shares fell about 11% in after-hours trading Thursday after it posted a net loss for the quarter, despite analysts’ previous estimates for quarterly revenue, as strong crypto trading boosted transaction volumes at the online brokerage. Robinhood, in its third set of results as a publicly traded company, reported a net loss of $423 million … Read more