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Bloomberg President Joe Biden said his administration would comply with the Supreme Court’s order keeping in place sweeping, coronavirus border controls. “The court is not going to decide until June, apparently, and in meantime we have to enforce it,” Biden told reporters after the Supreme Court ordered that the border restrictions, known as Title 42, stay in effect while litigation ...

  Bloomberg Dozens were killed as heavy rains flooded central and southern Philippines during the Christmas holidays with nearly 400,000 people displaced even without a typhoon. Twenty-five were confirmed dead, mostly in the northern part of Mindanao island, the disaster management council said. Nine others were injured while 26 remain missing, it said. Hundreds of areas were flooded during the ...

  Bloomberg Rudy Giuliani was in daily contact with President Donald Trump between November 5, 2020 and January 15, 2021, as much as 10 times a day, according to testimony by former New York Police Commissioner Bernard Kerik. “The mayor spoke to the president daily, I don’t know, sometimes three times, sometimes 10 times in a day, basically outlining findings, ...

Bloomberg Prime Minister Rishi Sunak’s spokesman, Jamie Davies, told reporters the government acknowledges the strikes hitting the UK are causing “massive disruption.” “If you look at rail specifically, it has hindered people’s ability to go to work, to get to school, to go about their daily lives,” Davies said. “We want the strikes to end; we don’t want to see ...

Bloomberg Ukrainian President Volodymyr Zelenskiy said he had discussed the postwar rebuilding effort with BlackRock Chief Executive Officer Larry Fink as his government prepares to participate in the World Economic Forum (WEF) in Davos next month. “Specialists of this company are already helping Ukraine to structure the fund for the reconstruction of our state,” Zelenskiy, who had a video call ...

Bloomberg Japanese Prime Minister Fumio Kishida said he expected the next general election to come before a possible hike in taxes that has met resistance from the public and is intended to fund his unprecedented expansion of defense spending. “We will be asking the people to take on an extra burden starting at an appropriate time between 2024 and 2027,” ...

  Bloomberg The asset management arm of BNP Paribas SA said using a different interpretation of “sustainable investment” than some of its peers has allowed it to keep the European Union’s top ESG tag attached to about $20 billion worth of funds. Firms including BlackRock Inc, Amundi SA and Axa Investment Managers have reclassified more than $140 billion of so-called ...

Bloomberg Japan will make it easier for cryptocurrency exchanges to list tokens, pressing ahead with plans to liberalise the industry even after the epic failure of Sam Bankman-Fried’s digital empire. The body that governs crypto exchanges informed member companies of the new rule which takes effect immediately, enabling them to list coins without going through a lengthy pre-screening unless the ...

Bloomberg Malick Diop felt something shifting on Wall Street. He’d joined Morgan Stanley in the grim days of 2009, when big banks were trying to pay back taxpayer bailouts and deflect public fury. But four years later, the ire was fading and ambition was the order of the day. “It really felt like, for the first time, the job and ...

  Bloomberg Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled amid concerns that large holders may be about to offload the token. Solana dropped as much as 12% on Wednesday and was trading 8.8% lower as of 8:40 am in London. Other tokens saw modest declines, with Ether slipping 1.3% and Bitcoin down 0.3%. While other so-called ...