“There’s a gaping hole in this bill that everybody sees,” Murphy said. “After it’s passed, it will be illegal for me to issue a cryptocurrency, but it’s legal for the president of the United States.”
Asian shares were mixed on Tuesday as investors kept a wary eye onthat could have a huge impact on the global economy.
U.S. futures were flat and oil prices rose.A second day of talks was planned after U.S. and Chinese officials met in London on Monday for negotiations over. The hope is that they can eventually reach a deal to reduce painfully high tariffs against each other. Most of the tariff hikes imposed since U.S. President Donald Trump escalated his trade war are
trade in everything from tiny tech gadgets to enormous machinery to continue.In Asian trading, Tokyo’s Nikkei 225 gained 0.2% to 38,169.76, giving up early gains, while the Kospi in South Korea rose 0.3% to 2,866.66.
Hong Kong’s Hang Seng reversed its early advance, falling 0.4% to 24,083.58. The Shanghai Composite index dropped 0.6% to 3,379.75. In Taiwan, the Taiex surged 2.1%.
Australia’s S&P/ASX 200 advanced 0.7% to 8,578.50. India’s Sensex was nearly unchanged.. And the IAEA’s work in any case will make the Vienna-based agency a key player.
Here’s more to know about the IAEA, its inspections of Iran and the deals — and dangers — at play.The IAEA was created in 1957. The idea for it grew out of a 1953 speech given by U.S. President Dwight D. Eisenhower at the U.N., in which he urged the creation of an agency to monitor the world’s nuclear stockpiles to ensure that “the miraculous inventiveness of man shall not be dedicated to his death, but consecrated to his life.”
Broadly speaking, the agency verifies the reported stockpiles of member nations. Those nations are divided into three categories.The vast majority are nations with so-called “comprehensive safeguards agreements” with the IAEA, states without nuclear weapons that allow IAE monitoring over all nuclear material and activities. Then there’s the “voluntary offer agreements” with the world’s original nuclear weapons states — China, France, Russia, the United Kingdom and the U.S. — typically for civilian sites.