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The price of Bitcoin fell below $34,000 (£24,030) for the first time in three months on Wednesday, after China imposed fresh curbs on cryptocurrencies. Beijing banned banks and payment firms from providing services related to cryptocurrency transactions. Despite this, a major US based bank, Wells Fargo, said on Wednesday it would introduce professionally managed funds for its wealthier clients. In a report, its investment institute said the risks associated with digital currencies meant it would favor “qualified investors”.
India is unlikely to resume major exports of COVID-19 vaccines until at least October as it diverts shots for domestic use, three government sources said, a longer-than-expected delay set to worsen supply shortages from the global COVAX initiative. The Serum Institute of India (SII), the world’s biggest vaccine maker producing the AstraZeneca vaccine, responded by saying that it hoped to restart deliveries to COVAX and other countri
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House Approves Jan. 6 Commission Over G.O.P. Opposition
Last Updated
May 20, 2021, 12:33 a.m. ETMay 20, 2021, 12:33 a.m. ET
The House voted nearly along party lines Wednesday evening to create a commission to investigate the Jan. 6 Capitol attack. President Biden delivered the commencement address at the U.S. Coast Guard Academy’s graduation.
Here’s what you need to know:
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House Approves Commission to Investigate Jan. 6 Insurrection
The House of Representatives voted, 252 to 175, on Wednesday to create an independent commission to investigate the deadly Jan. 6 assault on the Capitol, with 35 Republicans joining the Democrats.
“In this past year, we have witnessed violent riots in the American cities all over this country. We have witnessed tremendous damage. In Minneapolis, city officials estimate 700 buildings were damaged, burned or destroyed, including 360 local businesses. There has not been a commission launched to study the reasons why that happened. There ha
AP Photo/Evan Vucci
Joe Biden traveled to New London, Connecticut to deliver the commencement address at the United States Coast Guard Academy. It was his first commencement address since becoming president. Biden experienced his first of what likely will be many ‘please clap’ moments.
Biden was making some lame jokes to loosen up the crowd, as he often does, and the graduates weren’t exactly rolling in the aisles with laughter. At one point he chastises them for not clapping and asks if maybe the sun is getting to them.
Biden has his please clap moment after making a wisecrack about the Navy at the Coast Guard Academy.