MicroStrategy proposes $500 million debt sale to boost BTC stash. The Nasdaq-listed firm currently holds 214,400 BTC. Nasdaq-listed business intelligence firm and bitcoin holder MicroStrategy (MSTR) announced Thursday that it intends to offer $500 million aggregate principal amount of convertible senior notes due 2032, proceeds of which will be used to acquire additional bitcoin and […]
Tag: proposes
German minister proposes new military service to boost flagging army
German Defence Minister Boris Pistorius on Wednesday proposed that the country require young men to register for potential military service, in a move that comes 13 years after Germany effectively abolished national conscription. Pistorius presented the plan as the basis for a rapid reinforcement of Germany’s military, known as the Bundeswehr, which has seen recruitment […]
Germany’s government proposes a new law to fast-track young men to join its depleted armed forces
BERLIN (AP) — Germany’s defense minister announced on Wednesday plans for new legislation that would help refill the depleted ranks of the armed forces to bolster the country’s defense capabilities. Boris Pistorius said the proposed bill would allow the government to send letters to all young men who turn 18 — about 400,000 every year […]
Hamas responds to Egypt, Qatar on Gaza ceasefire plan; source says group proposes new timeline
CAIRO (Reuters) – Mediators Egypt and Qatar received a response from Hamas and Palestinian groups to a U.S. ceasefire plan for Gaza, the Egyptian and Qatari governments said on Tuesday as an official briefed on the matter said Hamas proposed a new timeline. The statement from Egypt and Qatar did not disclose what the response […]
Developer proposes 7-story apartment building on Washington Avenue
Jun. 11—A Portland developer has plans to add more than 300 apartments — including 80 workforce housing units — in the city’s East End, but needs a zoning change to allow for the seven-story building. Jonathan Culley, managing partner of Redfern Properties, said the 180,000-square-foot project at 165 Washington Ave. would be one of the […]
Independence proposes $27 monthly public safety fee on utility bills
Independence has been one of the last holdouts among cities in the Willamette Valley from adding fees attached to utility bills to help fund city services. But facing a projected shortfall, the city is proposing adding a monthly $27 public safety fee per household for the police department. “The council desperately tried to not charge […]
‘The Poor Are Most Definitely Not Poor Because The Rich Are Rich’ — But Proposes A Solution
Berkshire Hathaway Inc. Chairman and CEO Warren Buffett has long advocated for policies that support working-class families, emphasizing that the economic divide is not a result of the rich exploiting the poor. Buffett, whose net worth is estimated at $137 billion, addressed income inequality in a 2015 Wall Street Journal opinion piece. Don’t Miss: He […]
Spain proposes law to improve online safety for children, including virtual restraining orders
BARCELONA, Spain (AP) — Spain’s government has proposed a law to protect children from online threats that includes virtual restraining orders for felons, a higher age for opening social media accounts and health screenings for teenagers to detect related emotional disorders. “The health, well-being and security of our children, as well as the tranquility of […]
Hope Gas proposes $6.08 monthly residential rate hike in new PSC filing
Jun. 3—MORGANTOWN — Hope Gas residential customers could see their bill rise by $6.08 per month under a proposal submitted to the Public Service Commission. The figure is included in Hope’s annual Pipeline Replacement and Expansion Program (PREP) filing. The hike represents a 6.34 % increase for residential customers. Hope wants to have its new […]
Van Ostern proposes election reform agenda
May 31—CONCORD — Second Congressional District Democratic hopeful Colin Van Ostern of Concord proposed a five-point reform agenda to end dark money in political campaigns, ban stock trading by members of Congress and require states to have non-partisan redistricting. Van Ostern’s plan would also change federal law to ban for-profit companies from creating political action […]
Algeria proposes UN resolution demanding Israel halt offensive in Rafah
Algeria’s United Nations ambassador has called an emergency meeting of the UN Security Council in an attempt to “stop the killing in Rafah”. Amar Bendjama’s urgent motion demands an immediate ceasefire in Gaza and halt to Israel’s military offensive in the southern city of Rafah. Mr Bendjama, the Arab representative on the Security Council, told […]
Algeria proposes UN action to ‘stop killing in Rafah’
By Michelle Nichols UNITED NATIONS (Reuters) – Algeria on Tuesday proposed a draft U.N. Security Council resolution that demands a ceasefire in the Gaza Strip, the release of all hostages held by Hamas and essentially orders Israel to “immediately halt its military offensive” in Rafah. Algeria’s U.N. Ambassador Amar Bendjama said earlier on Tuesday – […]