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U.S. Defense Secretary Hergsays: If Cuba does not comply with Washingtons demands, we will take military action against the country. As I have said before, and as we may have seen in other cases, all options, including military options, are being considered.Mexico is urging the United States to lower auto tariffs.On August 13, the Ukrainian Air Force announced that it would cease publishing detailed data on Russian ballistic missile attacks. It is understood that the Ukrainian military is struggling to cope with increasingly intense Russian airstrikes due to a shortage of anti-aircraft missiles. Ukrainian Air Force spokesman Yuri Ignat posted on social media that the military leadership has decided to partially adjust the content of its daily morning reports on large-scale Russian attacks. The reports will no longer disclose the specific number of missiles launched by Russia, those shot down or suppressed by Ukraine, or those that missed their targets. Real-time alerts will remain unchanged, and the Ukrainian military will continue to publish overall data on Russian missile launches.Qatar set its official selling price (OSP) for seaborne crude oil in September at $5 per barrel below the Oman/Dubai benchmark price; and its official selling price for land-transported crude oil at $4.50 per barrel below the Oman/Dubai benchmark price.On August 13, the State Nuclear Power Company of Ukraine issued a statement saying that the equipment condition at the Zaporizhia Nuclear Power Plant continues to deteriorate, with frequent power outages and a sustained increase in nuclear and radiation safety risks. The companys head, Kovtonyuk, explained that since the escalation of the Russia-Ukraine conflict, the Zaporizhia Nuclear Power Plant has experienced 26 total power outages, 14 of which occurred in the first eight months of 2026. Each time the power plant loses external power, backup power must be activated, and the frequent power switching operations further exacerbate safety risks. Kovtonyuk also stated that the aging and degradation of the nuclear power plant equipment is a significant problem; the diesel generator sets, due to frequent start-ups and shutdowns, have experienced a substantial increase in equipment load, accelerated wear, and a significant decrease in operational stability.

Kraken Will Cease Operations in Japan

Mila Graham

Dec 28, 2022 16:02

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Due to the country's current market conditions as well as a weak crypto market globally, U.S.-based cryptocurrency exchange Kraken announced on Wednesday that it would stop operating in Japan as of next month.


Kraken said in a statement that it will cease to be registered with the Financial Services Agency (JFSA) as of January 31, at which point customers must withdraw their holdings of fiat currency and cryptocurrencies.


According to Kraken, it is fully funded so that all impacted clients can quickly withdraw their assets.


Due to the depressed demand for digital assets, Kraken announced last month that it would reduce its workforce by 30%, or roughly 1,100 employees.


The biggest cryptocurrency market, which includes Bitcoin, has dropped by $1.4 trillion as a result of the demise of Sam Bankman-FTX Fried's empire, Celsius, and the purported "stablecoins" terraUSD and Luna. Bitcoin, the leading cryptocurrency, has lost 60% of its value this year.