It is true that a small percentage of Bitcoin transactions are illegal, but the majority of illegal goods are bought with US dollars, the primary currency used in the international trade in illicit goods, economist Mark Thornton told RT.
Legalization of marijuana for recreational and medical use in 20 US states has seen a boom in cannabis-oriented businesses. Experts say the market can jump to $10.2 billion by 2018, warning of a possible repetition of the dotcom bubble of the late 1990s.
Operatives of top global corporations, which spend great amounts of cash to lobby Congress, are also part of a small group in the US outside the Obama administration that can access working plans on the controversial Trans-Pacific Partnership trade pact.
A US government classified memo has acknowledged that the Christmas cyber-attack on Target Corp was part of a much broader security breach of a number of US companies. The document alleges that traces of Russian language were detected in the malware.
The UK is being accused of attempts to block EU reform to prevent food speculation. It took EU negotiators three years to agree on a regulation against speculation by banks and hedge funds which drives up food prices, aggravating the global hunger crisis.
The environment protection provisions in the draft of the Trans-Pacific Partnership (TPP) free trade agreement will not be enforceable, says whistleblower site WikiLeaks, which released a section of the document.
Ecuador’s President Rafael Correa has unveiled the country’s first domestically made unmanned aerial vehicle. The drone is to help Quito fight drug traffic and will also be on sale in South America, costing “7 times less” than its Israeli equivalent.
Congressional leaders on the US trade policy have introduced legislation that would grant President Barack Obama “fast-track authority” to enact three looming global trade accords, including the controversial Trans-Pacific Partnership.