Global Intelligence Briefing
Markets
Andy Burnham to give regional mayors share of income tax
The prime minister says the move will give power to "every postcode" but critics say the plans lack detail.
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Markets
Bank holds interest rates but says it is ready to raise them if Iran war escalates
The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.
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Crypto
Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization program.
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Crypto
World Cup generated $20B in blockchain prediction market volume: Chainalysis
The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets placing blockchain-based bets.
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Markets
British Airways flight called mayday on approach to Heathrow
The call was made on an Airbus A320 flying from Dusseldorf airport in Germany on 6 July following two stall warnings.
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