PARIS, France – Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile ‘Wild West’ market. Globally, crypto assets are largely unregulated, with national operators in the EU only required to show controls for … More EU Agrees Rules To Tame ‘Wild West’ Crypto Market
PARIS, France – Norway will support a plan by airline SAS to convert debt into equity under certain conditions but does not plan to remain a long – term stakeholder, Industry Minister Jan Christian Vestre said on Tuesday. SAS owes the state about 1.5 billion Norwegian crowns ($153 million) from loans made during the COVID-19 … More Norway Could Allow Airline SAS To Convert Debt To Equity
PARIS, France – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s President. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of the Petroleum Exporting … More Macron Tells Biden That UAE, Saudi Can Barely Raise Oil Output
PARIS, France – U.S. President Joe Biden told allies ‘we have to stay together’ against Russian on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy. At the start of the meeting in the Bavarian Alps, four of the … More Biden Urges G7 To Stay Together As Leaders Target Russian Gold, Oil Price
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