United States President Donald Trump said on Monday he would call a national emergency and federalise Washington DC after Mayor Muriel Bowser said its police would not cooperate with Immigration and Customs Enforcement (ICE). At issue is the provision of information on individuals living in, or entering, the United States illegally. Trump’s threat adds to a move critics have seen as federal overreach, with more than 2,000 troops patrolling the city. The comments come after several thousand protesters hit the streets this month over Trump’s August deployment of National Guard troops to “re-establish law, order, and public safety“, after calling crime a blight on the capital. “In just a few weeks. The ‘place’ is absolutely booming … for the first time in decades, virtually no crime,” Trump said on Truth Social. Bowser’s office did not immediately respond to a request for comment on Trump’s post. Earlier, he had put the metropolitan police department under direct federal control and sent federal law enforcement,...
Cloud9, part of the real estate arm of Alfa Group, has earmarked EUR3 million to build a school within the Cloud9 Evolution project. The institution is set to be opened in school year 2026-2027 and will receive students both from Cloud9 projects and Bucharest’s northern area.
The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, marking the first such initiative by a global exchange. Update Sept. 15, 7:58 am UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration. The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system. The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs on Microsoft Azure, the exchange said on Monday. Read more
Real estate developer Prima Development Group of Oradea has acquired a two-hectare land plot next to PRIMA Solis housing compound, whose construction was set off this summer on the former industrial platform Antrefrig of Bucharest.