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Hong Kong Citizens Turn to Bitcoin Amid Political Turmoil

Hong Kong is in the middle of a political crisis. Millions of citizens have been protesting since June, sparked by an extradition bill that would have allowed for criminal suspects in Hong Kong to be extradited to mainland China. Opponents argued that the bill would put Hong Kong citizens at risk of unfair and violent treatment by Chinese officials. And they worried the bill would give China greater control over Hong Kong, which China has wanted for a long time.
The bill was eventually withdrawn, but protests have continued, with citizens demanding democracy and inquiries into police brutality. Protesters don’t trust …read more […]

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Thyssenkrupp to cut admin jobs as part of restructuring: sources

Thyssenkrupp is slashing some administrative jobs to cut down on the more than 2 billion euros ($2.2 billion) of costs it incurs in that field each year, two people familiar with the matter told Reuters on Monday. A majority of the 300 administrative roles at Thyssenkrupp’s car parts and plant engineering divisions will be cut, the sources said. Thyssenkrupp declined to comment. …read more […]