Man files $258billion lawsuit against Elon Musk over alleged Dogecoin pyramid scheme

Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc and space tourism company SpaceX of racketeering for touting Dogecoin and… Read More Man files $258billion lawsuit against Elon Musk over alleged Dogecoin pyramid scheme

Iran and Venezuela sign 20-year cooperation plan

Iran and Venezuela signed a 20-year cooperation plan in Tehran on Saturday as the two countries, among the world’s top oil producers, grapple with U.S. sanctions that are crippling their exports. The signing ceremony, carried by Iranian state TV, was overseen by Iranian President Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro and took place… Read More Iran and Venezuela sign 20-year cooperation plan

Thailand legalises growing and consumption of marijuana

Thailand legalised the growing of marijuana and its consumption in food and drinks on Thursday, the first Asian country to do so, with the aim of boosting its agriculture and tourism sectors but smoking pot is still against the law. Shoppers queued up at outlets selling cannabis-infused drinks, sweets and other items as advocates of… Read More Thailand legalises growing and consumption of marijuana

Algeria bars imports, suspends treaty with Spain over Western Sahara dispute

Algeria suspended a 20-year-old friendship treaty with Spain that committed the two sides to cooperation in controlling migration flows, and also banned imports from Spain, escalating a row over Madrid’s stance on Western Sahara. Algerian state media reported the suspension of the treaty without citing any reason, though Algeria had in March withdrawn its ambassador… Read More Algeria bars imports, suspends treaty with Spain over Western Sahara dispute

Spanish court dismisses appeal by singer Shakira in tax fraud case

A Spanish court has dismissed an appeal from Colombian singer Shakira and ratified a prior decision, which saw “sufficient evidence” to send her to stand trial over alleged tax fraud, a court document showed on Thursday. Prosecutors claim the “Hips Don’t Lie” singer failed to pay up to 14.5 million euros (an equivalent of $15.54… Read More Spanish court dismisses appeal by singer Shakira in tax fraud case

Russia prepares law to seize control of subsidiaries of Western companies leaving country

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit. The law, which could be in place within weeks, will give Russia sweeping powers to intervene where… Read More Russia prepares law to seize control of subsidiaries of Western companies leaving country