Washington Financial News

WASHINGTON (Reuters) — The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next few weeks after a series of troubling close call aviation incidents.

Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019. The move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by political opposition, and as regulators home in on the crypto sector following several meltdowns. But PayPal is in a stronger position than Facebook, said former officials, executives and analysts. Policymakers are more familiar with stablecoins, crypto tokens typically pegged to a fiat currency, than they were in 2019. A push to create federal stablecoin regulations has also helped boost their legitimacy in the eyes of lawmakers.

Britney Spears' music, is set to finish its run on Broadway. Having commenced in June, the show is scheduled to hold its final performance at Marquis Theatre on September 3. By the conclusion, it would have been performed for 123 shows. Choreographed by Keone and Mari Madrid, known for their work in hip-hop, 'Once Upon a One More Time' presents a fantasy story reimagining classic fairytale characters. Britney Spears' songs like «Oops I Did It Again,» «Lucky,» «Circus,» and «Toxic» are integral to the production. The narrative takes off as Cinderella, Snow White, and Little Mermaid's exposure to Betty Friedan's manifesto, «The Feminine Mystique,» triggers a feminist realization, prompting them to reconsider the concept of happily ever after. James L. Nederlander and Hunter Arnold, the producers, expressed their pride in the project. They acknowledged the cast and creative team for their exceptional skills and passion. The production's future plans include global performances. The main cast consists of Briga Heelan, known for «Great News,» Justin Guarini from «American Idol,» and Adam Godley of «The Lehman Trilogy.» Other notable cast members are Jennifer Simard, Brooke Dillman, Aisha Jackson, Ryann Redmond and Tess Soltau. Initially developed and produced by Shakespeare Theatre Company in Washington D.C., the show received mixed reviews. Although attendance dropped when the show transitioned to Broadway this summer, it maintained an average capacity of 50%. The producers are actively planning a national tour and international versions, with details to be disclosed later.

WASHINGTON (Reuters) — The U.S. State Department has approved the potential sale of AH-64E Apache helicopters and related equipment to Poland in a deal valued at up to $12 billion, the Pentagon said on Monday.

Brics bloc of emerging economies to counterbalance Western influence, while others in the group are reluctant to admit new entrants, such as Iran and Cuba, for fear of alienating Washington. The debate among the Brics nations—Brazil, Russia, India, China and South Africa—about whether and how to expand will likely feature prominently during the group’s first in-person leaders’ summit since the pandemic. The presidents of Brazil, China and South Africa, as well as the Indian prime minister, are set to attend the gathering here starting Tuesday.

Asia Cup 2023 squad: Ajit Agarkar-led men's selection panel on Monday announced the Team India squad for the upcoming Asia Cup 2023. In the Asia Cup 2023 squad, many young players are included and some names surprised the cricket fans. The fans of Shikhar Dhawan raised the issue of his exclusion and questioned the Indian cricket administration over his absence.

PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019.

Washington | The two pharmaceutical giants behind the lion’s share of the world’s COVID-19 vaccines have sold more than $US117 billion ($183 billion) worth of the drugs since their first big deliveries in 2021, but face a revenue cliff as the pandemic fades into history.

WASHINGTON (Reuters) — Former White House Chief of Staff Mark Meadows is asking a federal court to dismiss Georgia state criminal charges against him stemming from former President Donald Trump's efforts to overturn the 2020 U.S. presidential election, according to a court document.

Baltimore Ravens are taking on Washington Commanders at the FedExField during Week 2 of the National Football League (NFL) regular season on Monday, August 21. Football fans across the US will be looking to catch the match-up between the Baltimore Ravens and Washington Commanders.

Fumio Kishida made a brief visit to the tsunami-wrecked Fukushima nuclear plant on Sunday to highlight the safety of an impending release of treated radioactive wastewater into the Pacific Ocean, a divisive plan that his government wants to start soon despite protests at home and abroad. His trip comes hours after he returned home Saturday from a summit with U.S.

Japanese Prime Minister Fumio Kishida will make a brief visit to the tsunami-wrecked Fukushima nuclear plant on Sunday to highlight the safety of an impending release of treated radioactive wastewater into the sea, a divisive plan that his government w...

USTR) Katherine Tai will visit India next week for the G20 Trade and Investment Ministers’ Meeting (TIMM), Washington said in a statement. On August 23-25, Tai will be in Jaipur for the TIMM where she would participate in G20 sessions on how enhanced multilateral trade can facilitate inclusive prosperity and increased global resilience. “She will also hold bilateral meetings with her counterparts on the margins of G20 events,” USTR office said in a statement. On August 26, Tai will meet with business leaders and hold bilateral meetings with government officials. India has identified five priority issues—growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform—under its G20 presidency from December 1, 2022 to November 30, 2023.

semiconductors to China last year. Washington has considered further restrictions to stop the shipment of chips from Nvidia, a leading AI chip designer, and other chip makers to China.

U.S. regulators are requiring immediate inspections of engines on some Airbus jets equipped with engines from Pratt & Whitney

Japanese Prime Minister Fumio Kishida says he will visit the tsunami-wrecked Fukushima nuclear plant on Sunday before setting a release date for its treated radioactive wastewater, as his government continues working to promote understanding over the c...

A U.S. Appeals Court has struck down a critical approval for a railroad project that would have allowed oil businesses in eastern Utah to significantly expand fossil fuel production and exports

By Nichola Groom

ALSO READ: Apple' Foxconn commences production of iPhone 15 in Tamil Nadu, strengthening operations in India: Report Several reports said that a Foxconn Technology Group plant in Sriperumbudur is all set to deliver the newest devices only weeks after they start shipping from factories in China. According to a Bloomberg report, the firm started production to narrow the gap between the operations in India and the manufacturing base in China.

alliance to bolster security. President Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida at Camp David, in the first visit by foreign leaders to the presidential retreat since 2015. The three committed to consulting on threats to each’s security, working together on ballistic-missile defense, conducting annual joint military exercises and holding yearly summits to maintain the momentum.

Donald Trump and several allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second to allege that he tried to subvert the results of the vote.