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The Nigeria Labour Congress, the Trade Union Congress, and the Nigerian government agree on a new minimum wage of ₦70,000 (US$43) per month, ending prolonged negotiations amid high inflation and a weakening currency.
2024-07-18

The U.S. Treasury Department and the White House announce sanctions on the Venezuelan criminal organization Tren de Aragua and designate it as a "transnational criminal organization." The State Department also places a $12 million reward for information leading to the arrest of the organization's leaders.
2024-07-11

The Irish Data Protection Commissioner fines Meta, the parent company of Facebook and Instagram, a record €1.2 billion ($1.3 billion) for violating General Data Protection Regulations protections.
2023-05-22

Property giant China Evergrande Group admitted it is under "tremendous pressure" and may not be able to meet its crippling debt obligations. Angry protesters have been gathering outside the real estate firm's headquarters, demanding to know about its future. Evergrande is holding $305 billion in liabilities on $147 billion in assets reported in 2020.
2021-09-15

Ty Garbin is sentenced to six years in prison and fined $2,500 for his role in the kidnapping plot of Michigan Governor Gretchen Whitmer last year. He is the first person to be sentenced in the conspiracy, which includes thirteen other accused plotters who are currently awaiting trial.
2021-08-26

Salvadoran President Nayib Bukele announces at a Bitcoin conference in Florida that his country will adopt the cryptocurrency as legal tender alongside the U.S. dollar, making El Salvador the first country to do so. He plans to introduce the relevant legislation to the Legislative Assembly next week.
2021-06-5

President Donald Trump signs the Consolidated Appropriations Act, 2021, which contains a $900 billion COVID-19 relief package, before Monday's deadline, in order to avert a government shutdown. This comes after Trump called the bill a "disgrace" last week.
2020-12-27

A scroll containing a handwritten poem by deceased Chinese Communist Party leader Mao Zedong, claimed to be worth around US$300 million, is recovered in Hong Kong after having been stolen on September 10. It was found cut in half, likely because its 2.8 m made it difficult to display.
2020-10-8

The U.S. government announces plans to borrow $3 trillion for the second quarter, five times more than the previous record set during the 2008 financial crisis.
2020-05-4

The U.S. Environmental Protection Agency orders Volkswagen to fix nearly 500,000 VW and Audi diesel cars from model years 2009-2015 that include software that circumvents EPA emissions standards. The company's illegal use of so-called "defeat devices" threaten public health, in some cases releasing 40 times the pollution standard of nitrogen oxide emissions. The company faces possible U.S. fines of up to $37,500 per vehicle for the violations which could total more than $18 billion.
2015-09-18