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Amazon (AMZN.O): We are working closely with local government and officials to understand the specifics of the incident.Amazon (AMZN.O): Confirmed that an Amazon plane operated by 21 Airlines crashed while landing at Miami International Airport today.On September 7th, the United Nations Conference on Trade and Development (UNCTAD) released its latest Global Trade Update report, which points out that trade in services is reshaping the global trade landscape, but least developed countries (LDCs) are increasingly marginalized in digital trade. The report shows that over the past decade, digitally deliverable services have grown at an average annual rate of 7.1%, now accounting for 56% of global service exports. Meanwhile, the share of LDCs in global service trade has fallen to 0.6%, with digitally deliverable services accounting for only 16% of their service exports. The report identifies insufficient internet connectivity and digital payment infrastructure as major obstacles to LDCs participation in digital trade. The report calls for strengthening digital infrastructure to help developing economies, especially LDCs, participate more fully in global digital services trade.On September 7th, a cargo plane, suspected to belong to Amazon (AMZN.O), overran the runway at Miami International Airport on Sunday. The Federal Aviation Administration (FAA) stated in a statement that the aircraft was a Boeing 767-300 freighter that had taken off from Luis Muñoz Marin International Airport in San Juan, Puerto Rico. According to an alert issued by the FAA, the airport was grounded due to an aircraft malfunction on the runway. U.S. Transportation Secretary Duffy indicated that Miami International Airport could experience significant delays, and some flights might be canceled.The Federal Aviation Administration (FAA) stated that the aircraft that overran the runway was a Boeing 767-300 freighter that took off from Luis Muñoz Marin International Airport in San Juan, Puerto Rico.

Investor Hope for a Favorable Court Ruling Delivers XRP Price Support

Alice Wang

Aug 16, 2022 14:49

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XRP decreased on Monday by 0.13%. XRP fell by 0.63% on Sunday and finished the day at $0.3751.


As the day got off to a bullish start, XRP climbed to an early high of $0.3848. XRP declined to a low point in the late morning of $0.3660 after failing to surpass the First Major Resistance Level (R1) at $0.3871.


Before recovering in the late afternoon to close the day at $0.3751, XRP breached the First Major Support Level (S1) at $0.3690.


Updates on the current SEC v. Ripple lawsuit offered little assistance, while Chinese economic indices led to another session of declines.

Ripple momentum prior to the Hinman Docs Court Decision

In the continuing dispute with the SEC, Ripple obtained another victory. Judge Netburn granted Ripple's request on Monday for non-party subpoenas to be issued in order to verify seven recordings of public statements made by SEC officials.


Despite the fact that Bill Hinman was a former SEC Director, the SEC has yet to confirm or deny if he is the person in the video. The seven films in question include Bill Hinman's comments.


If it is confirmed that one of the seven is Bill Hinman, the Ripple defense team may have another avenue to attack Hinman and his 2018 address, which is now the focus of the case. Bitcoin (BTC) and Ethereum (ETH), according to the former SEC Director of the Division of Corporation Finance, are not securities.


Even though Ripple won, the decision had had a little effect on the price of XRP as investors awaited a more significant decision.


The SEC objected to a July Court decision that rejected its effort to rely on the attorney-client privilege to protect records relating to the William Hinman speech. The SEC objected on July 23, so a ruling might happen at any moment.

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