So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz
hi there. welcome to asia business report with me, mariko oi. as we told you on newsday, the united states so there was a more constructive economic relationship with china. the comments were made in a speech by the country s treasury secretary, janet yellen. it comes at a time when diplomatic and economic relations between the us and china are increasingly fraught. the bbc s north america business correspondent samira hussain has more. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. since then, not only have trade relations, but diplomatic relations between the two countries have deteriorated. but in a speech at an american university, us treasury secretary janet yellen was emphasizing the need for a more constructive relationship with china. we seek a healthy economic relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules is good
palestinian civilians. the territory on the brink of collapse. these premature babies moved out of the besieged al shifa hospital today. in jerusalem, tonight the world health organization has described gaza s main hospital as a death zone. israel releases new video of what it calls a terror tunnel under the complex as hope grows for a hostage deal. plus, holiday head start. travelers try to beat the thanksgiving getaway crush. i m in los angeles international report. long lines and the high price to get in the sky may have you speeding up your turkey trot this thanksgiving holiday. tis the season to shop. why are seasonal job hunters feeling a big chill? and later we head to japan for a spin in the vehicles of the future. not all of them built for the road. it s not a bumper car. announcer: this is the cbs weekend news from new york with jericka duncan. good evening. jericka is off. i i m maurice duboise. we begin with the death of former first lady ro
The Department Ofjustice believes that this Executive Order, just as the First Executive order, is a lawful and proper exercise of president ial authority. A zoo in cumbria, where nearly 500 animals have died, has been ordered to close. In china, the government takes action against old, polluting vehicles. It says it will make the skies blue again. And 30 years after the zeebrugge ferry disaster, relatives, survivors and rescuers return to remember the 193 people who lost their lives. And coming up in Sportsday On Bbc News chelsea are in action at west ham, as they look to restore their ten point lead at the top of the Premier League. Good evening. Trade Union Leaders have demanded assurances about the future of thousands of jobs at vauxhalls two car plants in the uk, at luton and Ellesmere Port. Vauxhall has been sold by General Motors to the french car manufacturer, psa, which owns peugeot and citroen. Ministers say they are cautiously optimistic about the future but it all depends o
And World Business report. Va va voom the press are at the Geneva Motor Show taking in the latest models but despite Record Sales Profitability remains low in europe we find out why. And economic gloom for brazil as its set to reveal another year of recession. Politicians promise it will end but its already led to misery for millions of brazilians. Welcome to World Business report. Im sally bundock. Also in the Programme Shop shut we tell you why one of south koreas leading retailers is forced to close several stores. Details in a moment. But first, european carmakers are gathered in geneva for the annual motor show and they are celebrating record breaking sales figures. More than 15 million cars were sold in europe last year thats the best result since the financial crisis. But a sneaky peak under the bonnet of the continents automakers reveals a different story. Yesterday, General Motors sold its european businesses to the psa group thats the company which owns peugeot and citroen. T