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| December 13, 2018

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Taylor Swift Scanned Fans’ Faces at Recent Show

December 13, 2018 |

She knew you were trouble when you walked in—and so she installed facial recognition technology to flag you. Per Rolling Stone , Taylor Swift made use in May of a special kiosk at her California Rose Bowl show that secretly scanned concertgoers’ faces, then shot those pictures back to a…
Newser

Washington, DC Faces With Major Rat Infestation

December 13, 2018 |

Andre Pittman and Gregory Cornes are on a mission to rid Washington of opportunistic vermin. But their target isn’t corrupt officials or shady political fixers; it’s Rattus Norvegicus, the common Norway Rat. The nation’s capital is facing a spiraling rat infestation, fueled by mild winters and a human population boom….
Newser

CNN

Brexit trap? UK faces endless negotiations

December 6, 2018 |

Britain could be trapped in endless negotiations with the European Union by Theresa May’s Brexit deal, the British government’s top legal adviser has warned.
CNN.com – RSS Channel – World

Border Patrol Agent Faces Capital Murder Charge

December 6, 2018 |

A Border Patrol agent who allegedly killed four women and kidnapped another has been indicted on a capital murder charge, the AP reports. Juan David Ortiz, 35, initially faced four murder charges after authorities arrested him in the border town on Sept. 15. The charge was upgraded because, prosecutors say,…
Newser

U.K.’s Intelligence Chief: Britain Faces Tough Decision on Huawei

December 5, 2018 |

The head of Britain’s foreign intelligence agency said the U.K. had a tough decision to make on whether to allow Chinese telecommunications giant Huawei to supply a 5G mobile network in the country.
WSJ.com: What’s News Europe

Actor Faces Prison Time for Red Carpet Dress

December 3, 2018 |

Two Egyptian lawyers are taking an actress to court for the lacy, partly transparent outfit she wore on the red carpet in Cairo last week, the New York Times reports. Rania Youssef, who’s in her forties, could get five years in prison for her garb. “It was the first time…
Newser

Nissan-Renault Alliance Faces Biggest Test Yet—Without Its Architect

November 30, 2018 |

Executives from Renault and Nissan will convene Thursday for a meeting that will test the solidity of their two-decade alliance—and whether the smaller French company can keep the upper hand.
WSJ.com: What’s News Europe

President of Marshall Islands Faces Challenge Over National Cryptocurrency Plan

November 13, 2018 |

President of Marshall Islands Faces Challenge Over National Cryptocurrency Plan

The president of the Marshall Islands, Hilda Heine, has narrowly survived a no-confidence vote. One of the principal catalysts for the challenge to Heine’s leadership has been opposition to her plan to introduce a national virtual currency.

Also Read: Venezuela: Petro Can Be Converted to Any Cryptocurrency If Bought This Year

Heine Barely Survives No-Confidence Vote

President of Marshall Islands Faces Challenge Over National Cryptocurrency PlanHeine, the 67-year-old president of the island nation and the sole female head of state in the Pacific region, barely survived the parliamentary no-confidence vote, which took aim at her leadership. The parliament voted 16-16, just one vote shy of the 17 votes needed to overthrow Heine.

Despite the lack of formal political parties in the Marshall Islands, Heine’s opposition appears to have been led by Casten Nemra, the country’s former president. Nemra has argued that Heine’s plans to introduce a state-backed digital currency, the Sovereign, have tarnished the government’s international reputation. Eight Marshallese senators supported this claim against Heine before the no-confidence vote was brought to parliament.

President of Marshall Islands Faces Challenge Over National Cryptocurrency PlanFinance Minister Brenson Wase has indicated that the government intends to proceed with its plans for the Sovereign once it has met the requirements of the U.S., Europe and the International Monetary Fund (IMF). The proposed rollout of the Sovereign would see the virtual currency given the same recognition as the U.S. dollar within the Marshall Islands.

In September, the IMF issued a warning to the Marshall Islands regarding its plans to introduce the Sovereign, stating: “The potential benefits from revenue gains appear considerably smaller than the potential costs … In the absence of adequate measures to mitigate them, the authorities should seriously reconsider the issuance of the digital currency as legal tender.”

Other Challenges to the President’s Leadership

President of Marshall Islands Faces Challenge Over National Cryptocurrency PlanThe former president also accused Heine’s government of failing to investigate the loss of $ 1 billion from the Marshall Islands Trust Fund. The fund was established by the United States to compensate Marshallese citizens who were affected by past nuclear tests.

Additionally, Heine has faced another political challenge. She has been accused of undermining the sovereignty of the Marshall Islands through her support for a Beijing-backed plan to turn Rongelap — an atoll inhabited by just 20 individuals that is under the administration of the Marshall Islands — into a special administrative zone that would host a tax-free port and offshore company registrations. Speaking to the parliament, Heine described the no-confidence vote as comprising a “referendum about our own politics.”

Do you think Heine’s government will be successful in its plan to introduce a national cryptocurrency? Share your thoughts in the comments section below!


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Bitcoin News

Migrant caravan faces border bottleneck as Trump administration tightens asylum rules

November 9, 2018 |

A major shot across the bow from President Trump on Thursday may give migrants in the Central American caravan second thoughts about entering the U.S. 
FOX News

Former Nazi SS camp guard, 94, faces trial in Germany

November 6, 2018 |

MUENSTER, Germany — A former SS guard at the Nazis’ Stutthof concentration camp is going on trial in Germany on charges of being an accessory to murder.
FOX News