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Talks of former U.S. PresidentDonald Trump throwing his hat into the ring for the 2024 presidential electionsappeared on and off in the press in the fall.

What Happened: Trumpmay be forced to announce his candidature, Maggie Haberman, New York Times White House correspondent and the author of the new book, Confidence Man: The Making Of Donald Trump And The Breaking Of America, said in an interview with CBS News at the time.

When asked whether Trump will run again, Haberman said, With the caveat that I dont know and that I could prove him wrong, I think hes backed himself into a corner where he has to run.

See Also: Trump-Backed 'Pro Life' Georgia Senate Candidate Gets Slammed By Son After Reports Of Paying For Former Girlfriend's Abortion

Why It's Important: Haberman added,I think that he needs the protections that running for president (he thinks) would afford him in combating investigations that he calls a 'witch hunt.'"

Trump is facing multiple lawsuits and investigations, including the Department of Justice investigation into the Mar-a-Lago documents case, the New York Attorneys office lawsuit accusing the former president of financial fraud, Georgia states investigation into electoral interference and the select House Committees investigation into the Jan. 6 riots.

So much of his identity now is being a politician, Haberman said.

Therefore, Haberman said, she expected Trump to run for office in 2024.Haberman also raised the possibility of Trump not staying through the course even if he declares his candidacy.

This story was originally published on Oct. 5, 2022.

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Has Russia really ‘legalized’ cryptocurrency mining?

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Has Russia really ‘legalized’ cryptocurrency mining?

Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.

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Politics

Paxos launches USD-backed USDG stablecoin with DBS Bank

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Paxos launches USD-backed USDG stablecoin with DBS Bank

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

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Markets react on second open after budget – as traders concerned over some announcements

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Markets react on second open after budget - as traders concerned over some announcements

The cost of government borrowing has jumped, while UK stocks and the pound are up, as markets digest the news of billions in borrowing and tax rises announced in the budget.

While there was no panic, there had been concern about the scale of borrowing and changes to Chancellor Rachel Reeves’s fiscal rules.

At the market open on Friday, the interest rate on government borrowing stood at 4.476% on its 10-year bonds – the benchmark for state borrowing costs.

It’s down from the high of yesterday afternoon – 4.525% – but a solid upward tick.

The pound also rose to buy $1.29 or €1.1873 after yesterday experiencing the biggest two-day fall in trade-weighted sterling in 18 months.

On the stock market front, the benchmark index, the Financial Times Stock Exchange (FTSE) 100 list of most valuable companies was up 0.36%.

The larger and more UK-focused FTSE 250 also went up by 0.1%.

While there was a definite reaction to the budget, uniquely impacting UK borrowing costs, the response is far smaller than after the UK mini-budget.

Many forces are affecting markets with the upcoming US election on a knife edge and interest rate decisions in both the UK and the US coming on Thursday.

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