Author: Herb Brewer

Nexo is discontinuing services in the US

Source: AdobeStock / Patrick Daxenbichler Nexo, a major crypto lending company, has decided to leave the US. Implementation of the project will take several months. The move was prompted after Nexo failed to reach an agreement with the US on terms. For example, Nexo announced on Monday that it will slowly and gradually phase out […]

The US apologized after the flag coup

This year’s World Cup in Qatar was an underwhelming event. Earlier this week, the United States apologized after the recent controversy surrounding the Iranian flag at the World Cup. “All we can do is apologize. We weren’t a part of it,” Team USA captain Greg Berhalder said before Tuesday’s intense meeting between the teams. From […]

Van der Leyen wants to crack down on market-distorting US subsidies

European Commission President Ursula van der Leyen also has problems with America’s economic plans. He says US President Joe Biden’s legislation releasing hundreds of billions of dollars to switch to environmentally friendly technologies creates “disruptions” that the EU must face. Other European leaders have previously criticized the measures. Americans’ Inflationary Reduction Act (IRA) is the […]

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