Fed to hold Facebook's crypto coin to 'high' bar -Powell
June 25 (Reuters) - The U.S. Federal Reserve is looking carefully at Facebook's planned cryptocurrency Libra, and will hold it to high standards regarding protecting consumers and regulation, Federal Reserve Chairman Jerome Powell said on Tuesday.
UPDATE 8-US launches economic formula for Middle East peace, Palestinians unhappy
MANAMA, June 25 (Reuters) - The Trump administration launched a $50 billion economic formula for Israeli-Palestinian peace on Tuesday, saying an investment program for the Palestinians was a precondition for ending the decades-old conflict.
Franco-era street names to return to Cordoba as right takes over
MADRID (Reuters) - Fascist-era street names will be returned to Cordoba, the Spanish city's new rightist administration decided at its first meeting on Tuesday, overturning the left's move to change them.
Trump threatens 'obliteration,' Iran calls White House 'mentally retarded'
WASHINGTON/DUBAI (Reuters) - U.S. President Donald Trump threatened on Tuesday to obliterate parts of Iran if it attacked "anything American," in a new war of words with Iran which condemned the latest U.S. sanctions on Tehran and called White House actions "mentally retarded."
WRAPUP 6-Trump threatens 'obliteration,' Iran calls White House 'mentally retarded'
WASHINGTON/DUBAI, June 25 (Reuters) - U.S. President Donald Trump threatened on Tuesday to obliterate parts of Iran if it attacked "anything American," in a new war of words with Iran which condemned the latest U.S. sanctions on Tehran and called White House actions "mentally retarded."
U.S. senators say social media letting algorithms 'run wild'
WASHINGTON (Reuters) - A U.S. Senate panel on Tuesday questioned how major social media companies like Facebook Inc and Alphabet Inc's Google unit use algorithms and artificial intelligence to serve up new content to keep users engaged.
EXCLUSIVE-In a world first, Facebook to give data on hate speech suspects to French courts
PARIS, June 25 (Reuters) - In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France's minister for digital affairs Cedric O said on Tuesday.
U.S. border agency acting head to leave July 5 amid child detentions outcry
WASHINGTON (Reuters) - The acting commissioner of the U.S. Customs and Border Protection (CBP) agency, John Sanders, is resigning and will leave his post on July 5, the agency said on Tuesday, a move that coincides with an outcry over the treatment of detained migrant children.
UPDATE 3-Indonesia media exec says company talking to Disney; tycoon founder denies
JAKARTA, June 25 (Reuters) - The director of the investment arm of Indonesian media group Media Nusantara Citra (MNC)
said on Tuesday the group was in talks with Walt Disney Co on a possible investment by the U.S. media conglomerate, but the group's owner Hary Tanoesoedibjo denied talks were taking place.
Trump thinks dollar is too strong, blames Fed policy: official
WASHINGTON (Reuters) - President Donald Trump believes the U.S. dollar is too strong, and the euro is too weak, and feels the situation could be eased if the Federal Reserve lowered interest rates, a senior administration official said on Tuesday.
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