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May 19, 2021 | Via BBC

New York Prosecutor Says Trump Inquiry Now Criminal

The New York attorney general’s office says it is investigating the Trump Organization “in a criminal capacity”. A spokesman for the state’s top prosecutor, Letitia James, said the inquiry into Mr Trump’s property company was “no longer purely civil”. Ms James has been scrutinizing the ex-Republican president’s financial dealings before he took office. The Trumps deny wrongdoing and say the inquiry by a Democratic prosecutor is a political vendetta.

May 19, 2021 | Via FT

UK Inflation More than Doubles to 1.5% in April

The annual rate of inflation in the UK more than doubled in April to 1.5 percent on the back of higher petrol prices and gas and electricity bills, its highest level since the start of the coronavirus pandemic. Rising from 0.7 percent in March, the increase in the consumer price index matched expectations from economists and the Bank of England.

May 19, 2021 | Via Fox Business

Bitcoin Price Falls on China Crypto Warning

Bitcoin continued its tumble after the China Banking Association warned members of risks associated with digital currencies. The cryptocurrency fell to below 39,000, per Bitcoin, before a rebound to $40,212. The statement from China’s industry association said all members should “resolutely refrain from conducting or participating in any business activities related to virtual currencies.” A week ago, Bitcoin was trading above $50,105 after its price plunged 10% following Tesla CEO Elon Musk’s reversal of his stance on the digital currency.

May 19, 2021 | Via CNN

Canada Expected to Pass US on First Dose Covid Vaccinations

Almost 38% of the US population has been fully vaccinated, and about 48% has had at least one dose, according to US Centers for Disease Control and Prevention data. While Canada has less than 4% of those eligible fully vaccinated, it has vaccinated more than 46% with at least one dose. The Our World in Data Covid-19 vaccination database estimates that Canada is currently administering 40% more doses daily per 100 people than the US, based on a seven-day average.

May 19, 2021 | Via NBC News

Spain Vows to Restore Order After Thousands Swim from Morocco

A sudden influx of migrants swimming into the Spanish enclave of Ceuta in northern Africa is a serious crisis for Europe, Prime Minister Pedro Sanchez said on Tuesday, vowing to re-establish order promptly amid heightened diplomatic tensions with Morocco. Spain deployed troops to Ceuta to patrol the border with Morocco after around 8,000 migrants, many from Sub-Saharan Africa and including 1,500 minors, entered the enclave on Monday and Tuesday by swimming in or climbing over the fence.

May 2021
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