Italy has seen hundreds of millions of tourists this summer, and the number keeps growing. A new tax might help address it—or not.
Oil Holds Gain on Positive US Economic Data, Libya Disruptions
(Bloomberg) -- Oil steadied to end the week after positive US economic data and worsening supply disruptions in Libya buoyed prices.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Guide to Urban Swimming in Europe, Beyond the SeineBrent for October traded around $80
South Africa’s Rand Surges to 13-Month High on Economy Optimism
(Bloomberg) -- The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Guide to Urban Swimmin
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
A group of investors in 2022 alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
French Inflation Retreats to Its Lowest Level in Three Years
(Bloomberg) -- French inflation eased to its lowest level since July 2021 — bolstering the case for the European Central Bank to continue cutting interest rates after similar slowdowns in Germany and Spain.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Guide to Urb
Libya’s Political Feud Threatens Return of Oil Supply Chaos
(Bloomberg) -- Libya’s political crisis is threatening to return the OPEC member’s oil production to the chaos that plagued it for years after the toppling of dictator Moammar Al Qaddafi. Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Guide to Urban Swimming in Eur