bagi1998/iStock via Getty Images Nexa Resources (NYSE:NEXA) said late Tuesday it has temporarily suspended production at its Atacocha San Gerardo open pit mine in Peru after local protesters blocked road access to the mine. Nexa (NEXA) said there is no material impact on Atacocha’s zinc production to date, but it has limited activities to critical … Read more
On Monday, Alabama Gov. Kay Ivey put a temporary halt to executions in her state in response to a string of breakdowns in Alabama’s death penalty system. She also called for a “top to bottom” review of the state’s execution process. The governor’s decision is long overdue. But her belief that the death penalty system … Read more
Genesis Trading, a large crypto financial services group, has halted withdrawals at its lending unit, blaming the “unprecedented market turmoil” caused by the collapse of Sam Bankman-Fried’s corporate empire. The group said on Wednesday that its decision to suspend redemptions and new loan originations came after it faced “abnormal withdrawal requests which have exceeded our … Read more
According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the firm cited “unprecedented market turmoil” related to the collapse of troubled cryptocurrency exchange FTX, resulting in “abnormal” levels of withdrawals that … Read more
The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges. The FTX-owned crypto exchange Liquid took to Twitter on Nov. 15 to officially announce a suspension of fiat and crypto withdrawals on its Liquid Global platform. Addressing the reasons for the suspension, Liquid cited compliance … Read more
The Biden administration stopped accepting applications for its popular student loan forgiveness plan on Friday, a day after a Trump-appointed federal judge blocked the program on what critics are calling dubious legal grounds. “We are disappointed in the decision of the Texas court to block loan relief moving forward. Amidst efforts to block our debt … Read more
The Biden administration has stopped taking applications for its student debt forgiveness program, citing a Thursday ruling from a federal judge in Texas that declared the program “unlawful.” On Friday, the Department of Education’s student debt relief website displayed a message informing borrowers that “student loan debt relief is blocked.” It added, “Courts have issued orders blocking … Read more
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Oct 29, 2022 • 37 minutes ago • 3 minute read • Join the conversation Article content Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone attack on its fleet in Crimea, dealing … Read more
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Oct 29, 2022 • 20 minutes ago • 3 minute read • Join the conversation Article content Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone attack on its fleet in Crimea, dealing … Read more
Crypto platform Freeway has halted some of its services, citing “unprecedented volatility” in the foreign exchange and cryptocurrency markets in “recent times.” In an Oct. 23 post, the platform announced they are halting buys, deposits and will “not be buying Supercharger simulations until our new strategies are implemented.” According to the Freeway website, their “Superchargers” … Read more