Fascination with bitcoin a ‘speculative mania’: RBA governor

SYDNEY (Reuters) – The fascination with virtual currencies feels more like a “speculative mania”, the head of Australia’s central bank said on Wednesday, just days after the launch of the world’s first bitcoin futures. FILE PHOTO – A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit […]

Egyptian singer jailed over video inciting debauchery

CAIRO (Reuters) – An Egyptian court jailed a little-known singer for two years on Tuesday for inciting debauchery, judicial sources said, after she appeared in a music video in her underwear and suggestively eating a banana. Shyma’s song, titled “I have issues”, sparked controversy on social media in the conservative country. The singer, who was […]

Republicans propose to delay, pause Obamacare taxes

WASHINGTON (Reuters) – U.S. House Republicans proposed on Tuesday to delay or suspend several taxes under former President Barack Obama’s healthcare law, including a tax on medical devices and the so-called “Cadillac” tax on generous health insurance plans. FILE PHOTO: A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California, U.S., […]

Alabama senator race holds high stakes for Trump

MONTGOMERY, Ala. (Reuters) – Voters in Alabama were headed to the polls on Tuesday in a hard-fought U.S. Senate race in which President Donald Trump has endorsed fellow Republican Roy Moore, whose campaign has been clouded by allegations of sexual misconduct toward teenagers. Moore, 70, a former Alabama Supreme Court chief justice, is battling Democrat […]