Community Financial News

Bitcoin has traditionally been associated with its store of value or digital gold narratives. This is however rapidly changing with the integration of BTC into decentralized finance (DeFi) products and the spur of growth in interoperability solutions for the asset. Currently, nearly $1 trillion in BTC value is lying in wallets as dormant capital, with partly $15 billion worth of daily transactions across the largest blockchain ecosystem today.

An energy group says a $1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi Chemical Group is economically questionable and unnecessarily increases greenhouse gas emissions

Visitors, campers and residents of Jasper National Park were told to get out late Monday night as high temperatures and winds fanned the flames of a wildfire threatening the national park in western Alberta.

wildfires in Alberta are coughing up clouds of smoke that are obscuring the sky and hazardous to health.However, there’s so much smoke that wildfires are being shaded from the sun and daytime temperature highs in some areas are cooler than forecast, leading to reduced fire activity.Wildfire officials say they are expecting “increased and significant fire behaviour” when the smoke clears as hot and dry weather continues.About 7,500 people in Alberta have been forced to flee their homes because of wildfires, with five communities under evacuation orders.That includes all three communities in the Little Red River Cree Nation, which is being threatened by an out-of-control wildfire complex that’s estimated to be more than 960 square kilometres in size.Environment Canada says cooler temperatures are expected to start moving into northwestern parts of the province starting Monday night, though hot conditions may persist through much of the week farther south.

Calgary Flames hockey team.Alberta Premier Danielle Smith and Calgary Mayor Jyoti Gondek joined others Monday picking up a chrome shovel to symbolically turn the sod to launch the multi-year process to replace one of the NHL’s oldest arenas.The new building — to be named Scotia Place — is being built in the shadow of the Saddledome and its iconic saddle-shaped concave roof.“Today is a big day for Calgary. After a decade of talking, Calgary is breaking ground on a new events centre…a project that promises to become a cornerstone of our sports and entertainment district,” said city councillor Sonya Sharp, the chair of the committee overseeing the project.“This is a place where dreams will be realized, where champions will be made and our community will come together to celebrate, to be entertained and to enjoy.”The arena is part of a new $1.2-billion event centre and entertainment district near the city’s downtown.The project plan includes plazas and gathering places, bars, restaurants and retail shops, with the main event centre hosting the NHL team along with other sports, concerts and events.The facility, with a seating capacity of 18,400, is expected to be completed in 2027.

The United Nations Security Council has unanimously approved more transparent procedures for the hundreds of individuals, companies and other entities who are subject to U.N. sanctions and want to get off the blacklists

Butler Eagle reporter Irina Bucur had a relatively straightforward assignment when a Trump rally came to town

IT sector to find the right balance between deployment of technology and deployment of labour because without labour income and without labor employment, that is no demand growth, which means it comes back to hurt the country's top line and bottom line as well," he said. Pointing to findings from the Staff Discussion Note of the International Monetary Fund published in June 2024 that talk of profound concerns stemming from Generative Artificial Intelligence, or GenAI’s, impact on massive labour disruptions and inequality, the survey said that it would be in the ‘self interest’ of corporate India to seriously create jobs even as they invest in AI across sectors.

Supreme Court on Monday stayed the directives by the Uttar Pradesh government directing shop owners to display their nameplates outside shops during the Kanwar Yatra. SC will next hear the matter on July 26.

Bluelearn has shut down operations and will return 70% of the capital it raised to its investors.

Russian authorities say they have seized 500 crypto mining rigs in a raid on the Bitcoin (BTC) mining hotspot of Irkutsk.

After nearly three decades in the advertising, media, and marketing industries, Dalveer Singh, 55, is preparing for a quieter retirement away from Mumbai's hustle and bustle.

ApeCoin DAO, the decentralized autonomous organization responsible for ApeCoin, is considering a proposal that could bring Bored Ape-inspired luxury to the heart of Bangkok.

Trinamool Congress MP Mahua Moitra has moved the Supreme Court against the directives by the Uttar Pradesh and Uttarakhand governments that eateries along the Kanwar Yatra route must display the names of their owners. In her plea before the top court, Moitra has sought a stay on the orders passed by the two state governments saying such directives aggravate discord between communities. The plea is yet to be listed for hearing. The TMC leader said by forcing the disclosure of the names of proprietors and even those of their staff, on the stated ground of respecting pilgrims' dietary choices, «makes it clear that dietary choices is a pretext, or a proxy, for the compelled disclosure of personal — and, in this case, religious — identity», the plea said.

Vedanta Limited raised Rs 8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of Rs 440 per share, according to a stock exchange filing by the company. The issue, which closed on July 19, implied a discount of 4.61 per cent to the floor price of Rs 461.26 per equity share. In a stock exchange filing, Vedanta said it sold 19.31 crore shares to raise Rs 8,500 crore.

Maratha quota activist Manoj Jarange continued in Antarwali Sarati in Maharashtra's Jalna district on the second day on Sunday. He is seeking immediate implementation of the state government's 'sage soyare' (kin by blood and marriage) notification, which will pave the way for the Maratha community to avail OBC quota benefits after getting Kunbi certificates. Speaking to reporters, Jarange slammed BJP MLC Pravin Darekar for some the latter's statements. Darekar has been given a contract to break the Maratha movement, Jarange alleged. «If they put me in jail, ensure all BJP candidates are defeated in the assembly polls. Darekar is acting on the behest of Maharashtra Deputy Chief Minister Devendra Fadnavis.

GERMANTOWN, Wis.—The Trump campaign’s effective takeover of the Republican National Committee has come with a new approach to on-the-ground canvassing efforts: doing more with less. The party says its get-out-the-vote effort, dubbed “Trump Force 47," is driven by a dedicated army of volunteers. It has been shrouded in secrecy since it launched earlier this year, raising questions in political circles about the ground-game strategy to support Republican presidential nominee Donald Trump.

Tata Education Trust, later renewed. This event cast a spotlight on the instability and challenges faced by India’s philanthropies and nonprofits. Shortly after, the Centre for Financial Accountability's parent trust had its Foreign Contribution Regulation Act (FCRA) licence revoked. Many prominent NGOs and think tanks in India are now struggling, along with the communities they serve. In the past few years, the sector has faced administrative hurdles, financial losses, and workforce reductions, retreating from various areas of service. Accurate data on the sector's impact is hard to come by due to the broad definition of civil society organisations, encompassing grassroots groups, large networks, faith-based organisations, research bodies, social movements, and youth groups.

NGOs run by the Muslim community in Uttar Pradesh will not set up their annual relief camps for kanwariyas this year. This comes amid controversy over name plates mandated outside businesses, reports TOI. Relief camps were set up every year in which thousands of kunwariyas were served food, shelter, medical aid and even foot massages. Kunwariyas walk long distances along roads and highways.

Chabutaras are 11-22ft tall structures made of wood, stone or concrete, designed specifically for birds. These traditional bird-feeders, though slightly outlandish looking, are an intrinsic part of the city’s visual and cultural lexicon. Ahmedabad is a city with an admirable population of sparrows, mynas, pigeons, old world babblers and purple sunbirds.

Usha Vance, stood to become a vice-presidential spouse. That cemented a remarkable reality: At the moment, a woman of Indian descent will either serve another term in the White House or be the second lady. It was the latest milestone for an Indian American community that has emerged as a political powerhouse over the past decade. Kamala Harris in 2021 became the first person of Indian descent, as well as the first woman and Black person, to be vice president. The 2024 presidential cycle is the first one to have featured two Indian American candidates in Nikki Haley and Vivek Ramaswamy.