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Aug 5

Crypto-Friendly Banks Remain Scarce as Compliance Costs and Reputation Risks Deter Lenders

The number of banks serving cryptocurrency companies remains limited, with large institutions staying away due to high compliance costs and reputational risks. This scarcity creates challenges for crypto firms and...

TREE NEWS Desk · Aug 5, 2020

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Today

19:42

Russia says it struck Ukrainian energy and transport infrastructure; Ukraine says it repelled attacks

TREE NEWS update: Russia’s Defense Ministry said on the 14th that its forces captured a settlement in the Zaporizhzhia region and struck Ukrainian targets in 142 areas over the past day, including energy and transport infrastructure, drone production and storage sites, and ammunition depots. Ukraine’s General Staff reported 273 combat engagements along the front line in the same period and said its forces repelled Russian attacks in several directions, confirming strikes on a Samara region oil hub and a Lipetsk region military airfield on the 13th.

Macro

19:41

UN Urges Iran and US to Reopen Hormuz Fertilizer Shipping

TREE NEWS update: UNOPS Executive Director Jorge Moreira da Silva on May 14 called on Iran and the United States to immediately allow fertilizer shipments through the Strait of Hormuz. A third of global fertilizer trade passed through the strait before the conflict, and prices have risen about 30% since fighting broke out this year. He warned 45 million people could face acute food insecurity and 30 million could be pushed into poverty if planting seasons are missed, urging at least five fertilizer vessels a day.

Macro

19:41

Israeli military says it killed senior Hamas commander in joint operation

TREE NEWS update: Israel’s military said on the night of Oct. 14 it killed a senior member of Hamas’s armed wing in a joint operation with the Shin Bet security service. 15. The Israel Defense Forces did not provide further details, and Hamas has not commented.

Macro

19:39

SpaceX Starship Upper Stage Caught by Launch Tower Arm for First Time

TREE NEWS update: SpaceX’s Starship second-stage vehicle returned to Earth on the 14th and was caught by the launch tower’s mechanical arm, completing the rocket’s 15th test flight. It is the first time a Starship upper stage has been recovered by the tower’s chopstick-style arms. The catch marks a step forward in SpaceX’s effort to make the vehicle rapidly reusable.

Macro

19:36

US CENTCOM: Over 1.7 Billion Barrels of Crude Shipped Through Strait of Hormuz Under US Protection

TREE NEWS update: US Central Command said on the 14th that Gulf partners have transported more than 1.7 billion barrels of crude oil through the Strait of Hormuz under US protection. Iran has not yet responded to the claim. The statement did not specify the time period over which the shipments occurred.

Macro

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