Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking via video link at the New York Times’ … Read more

Psychedelic mushrooms expand Jamaica tourism beyond sunshine and reggae

Psychedelic mushrooms expand Jamaica tourism beyond sunshine and reggae

TREASURE BEACH, Jamaica, Nov 24 (Reuters) – A new group of Jamaican resorts is promoting tourism that offers mystical experiences and stress relief through “magic mushrooms,” as the Caribbean nation seeks to develop a niche industry in natural psychedelics. While mushrooms containing the psychoactive compound psilocybin remain illegal in most parts of Europe and the … Read more

Exclusive: Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million

Exclusive: Bankman-Fried’s FTX, parents bought Bahamas property worth 1 million

FTX unit bought 7 condos in high-end resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 mln vacation home Bankman and Fried tell Reuters: Seeking to return deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger striker in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

Lafarge pleads guilty to supporting Islamic State, will pay U.S. $778 million

Lafarge pleads guilty to supporting Islamic State, will pay U.S. 8 million

NEW YORK, Oct 18 (Reuters) – French cement maker Lafarge pleaded guilty on Tuesday to a U.S. charge that it made payments to groups designated as terrorists by the United States, including Islamic State. The admission in Brooklyn federal court marked the first time a company has pleaded guilty in the United States to charges … Read more

U.S., Canada deliver armored vehicles to Haitian police to fight gangs

U.S., Canada deliver armored vehicles to Haitian police to fight gangs

WASHINGTON, Oct 15 (Reuters) – U.S. and Canadian military aircraft on Saturday delivered tactical and armored vehicles and other supplies to the Haitian National Police (HNP) to help combat criminal gangs that have worsened a humanitarian crisis in Haiti. “This equipment will assist the HNP in their fight against criminal actors who are fomenting violence … Read more

Haiti gang blockade is causing catastrophic hunger, U.N. officials say

Haiti gang blockade is causing catastrophic hunger, U.N. officials say

MIAMI, Oct 14 (Reuters) – Haitians are experiencing catastrophic hunger because of gangsters blockading a major fuel terminal, U.N. officials said on Friday, with more than 4 million facing acute food insecurity. A coalition of gangs has prevented the distribution of diesel and gasoline for over a month to protest a plan to cut fuel … Read more

Exclusive: Russia is prepared to quit Black Sea grains deal, writes to UN with demands

Exclusive: Russia is prepared to quit Black Sea grains deal, writes to UN with demands

GENEVA, Oct 13 (Reuters) – Moscow has submitted concerns to the United Nations about an agreement on Black Sea grain exports, and is prepared to reject renewing the deal next month unless its demands are addressed, Russia’s Geneva U.N. ambassador told Reuters on Thursday. The agreement, brokered by the United Nations and Turkey in July, … Read more

Havana protests flare for second night as Cuba scrambles to turn on lights

Havana protests flare for second night as Cuba scrambles to turn on lights

HAVANA, Oct 1 (Reuters) – Crews restored power to more neighborhoods across Havana on Saturday after a second day of protests over ongoing blackouts in Cuba’s capital, including some of the largest demonstrations since widespread anti-government rallies in July 2021. At least one of the protests Friday night in the western seaside borough of Playa … Read more

Cuba entirely without power after Hurricane Ian

Cuba entirely without power after Hurricane Ian

HAVANA, Sept 27 (Reuters) – Cuba’s electrical grid collapsed late on Tuesday, leaving the entire country without power shortly after the passage of Hurricane Ian, which ravaged the western end of the island with violent winds and flooding. L├ízaro Guerra, Technical Director of the Electric Union of Cuba, said a failure in the national electric … Read more