Author: josh
Bitcoin faces a new civil war over how its blockchain should be used | Fortune Crypto
I recently had the pleasure of visiting the lovely mountain town of Lugano, Switzerland, whose appeal lies in that it is basically Italy but administered by the Swiss. That’s according to Tether CEO Paolo Ardoino, one of the prime backers of Plan B, a Bitcoin conference where I hosted a discussion on the growing trend of nation states embracing the original cryptocurrency. The event had an upbeat vibe—not surprising since everyone there worshipped Bitcoin—but it was also clear there was trouble in paradise. It turns out there is a growing schism over Bitcoin’s codebase, and whether it should be modified…
I Started with Just $3,500: How I Bought My First Rental Property
You’ve got little savings but want to buy a rental property. You see so many “no money down” investing strategies, but how do you know you won’t get burned trying them out? If you want to learn how to invest in real estate with no money, the right way, you need to take tips from those who have done it successfully without overleveraging themselves. Today, we’ve got two experts who bought rentals with very little savings and did it the legitimate way.Deandra McDonald went from $5,000 in credit card debt and a $28,000 salary to financial freedom with rentals in…
Deaths from air pollution could cost Southeast Asia nearly $600 billion by 2050, says new study | Fortune
Southeast Asian deaths linked to air pollution could rise by up to 10% by 2050, costing the region nearly $600 billion, even as overall pollution levels decrease, according to a new study published in the Environment International journal on Oct. 8. The study, led by Steve Yim, head of the Centre for Climate Change and Environmental Health at Singapore’s Nanyang Technological University, estimates the economic cost of pollution-linked deaths under different emissions scenarios: low, medium and high. The study estimates that the region will take a $447 billion hit from air pollution-related deaths under the low emission scenario, and $591…
A decade into Saudi Arabia’s Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy | Fortune
Good morning from Riyadh, where we are hosting the Fortune Global Forum. We’ve had some fascinating conversations about the business implications of the convergence of technology, geopolitics, demographics and more. AI was top of mind, from Google president Ruth Porat’s predictions about curing cancer to influencer Jordi van den Bussche’s business that’s built on creating 10,000 videos of himself every day, using an AI-generated avatar. With its investments in AI infrastructure and obvious strengths on the power front, Saudi Arabia is a country that is building out data centers and positioning itself as a hub for AI, entertainment, sports, finance,…
Brazil’s Lula confident of U.S. trade deal after Trump talks: ‘He guaranteed to me that we will reach an agreement’ | Fortune
Brazil’s leader Luiz Inácio Lula da Silva expressed confidence on Monday that his country and the United States will reach a trade deal. U.S. President Donald Trump also signaled that a deal is likely. The statements came a day after the two presidents held talks on the sidelines of a regional summit in Kuala Lumpur, Malaysia’s capital, which Lula described as a “very good meeting.” Trump, who headed to Japan from Malaysia, also said he and Lula “had a great meeting” on Sunday. “We’ll see what happens,” Trump told reporters aboard Air Force One en route to Tokyo. “They’d like to do a deal.” Earlier,…
Barclays Plc is returning to Saudi Arabia after an 11-year absence, marking both a strategic expansion for the British lender and a symbolic validation of Riyadh’s growing status as the Middle East’s corporate command hub. The move, first reported by Bloomberg, comes as the kingdom accelerates efforts under the country’s Vision 2030 plan to diversify its oil-driven economy and attract multinational headquarters into its capital. The bank, which exited Saudi Arabia in 2014, is now securing a new investment banking license and plans to open offices in Riyadh by early 2026, CEO C.S. Venkatakrishnan said in an interview with Bloomberg TV,…
Offerpad’s agent partnership program empowers
When Offerpad launched nearly a decade ago, its vision was simple: Give homeowners real estate solutions that fit their needs. The company’s cash offer became the foundation, offering sellers a fast, certain and convenient way to move forward. Understanding that many homeowners choose to work with a real estate agent, Offerpad built the Agent Partnership Program to strengthen collaboration with agents and reward shared success. Agents who bring a seller’s home to Offerpad before it’s listed can earn 3 percent after a successful close. Sellers can review cash offers early in the process, and agents can guide them in choosing…
The Chinese Communist Party’s official mouthpiece called on the world’s biggest economies to “jointly safeguard hard-won achievements” from their latest trade talks, ahead of a high-stakes meeting between Donald Trump and Xi Jinping. Trade negotiators from China and the U.S. announced Sunday that they’d struck a slew of agreements on issues spanning tariffs, shipping fees, fentanyl and export controls over two days in Malaysia. That marked a significant cooling of tensions, after a recent volley of tariff threats and fresh export curbs threatened to derail the bilateral relationship. Striking a conciliatory tone, the People’s Daily said Monday the progress showed Beijing and Washington were capable of handling…
Left-wing firebrand Catherine Connolly elected president of Ireland in landslide | Fortune
Ireland’s president for the next seven years is an independent lawmaker who has long spoken in support of Palestinians and has been vocal about her distrust of European Union policies. Left-wing independent Catherine Connolly, 68, secured 63% of votes in a landslide election victory on Saturday, comfortably defeating her center-right rival, former Cabinet minister Heather Humphreys. The politician won after Ireland’s left-leaning opposition parties, including Sinn Féin, united to back her, and she is expected to be a voice unafraid to challenge Ireland’s center-right government. While Irish presidents hold a largely ceremonial role and do not have executive powers like shaping laws, they…
President Javier Milei’s party is on track to finish first in Argentina’s midterm vote in early counting, putting the libertarian leader on the brink of a major comeback from a September local election defeat that prompted a market selloff and a US financial lifeline. Milei’s party, La Libertad Avanza, received 41% of votes with 92% of ballots counted, according to data published by Interior Minister Guillermo Francos on Sunday. The main chapter of the rival Peronist party had 24.5% of votes, a much lower level than it garnered in a runaway victory over Milei in a Buenos Aires province vote…