Author: Lamont Traeger

IDEA address: TVn1pUH8FmJSNowYxXJpuqcpPgiDwPx7kr
The SEC Charges Kraken Over Staking
10. 2. 2023 No Responses

The SEC Charges Kraken Over Staking

The Securities and Exchange Commission announced its enforcement action against Kraken, forcing the crypto exchange to shut down its staking service in the U.S. and pay a $30 million fine. Kraken’s staking service offered its customers an opportunity to earn rewards...
read more
The EU Needs More Diesel Fuel, But The Middle East Can’t Supply It All
3. 2. 2023 No Responses

The EU Needs More Diesel Fuel, But The Middle East Can’t Supply It All

The EU is banning—effective February 5—seaborne imports of Russian refined oil products, and it has to replace around 1 million barrels per day (bpd) of Russian fuel imports, including 600,000 bpd-650,000 bpd of diesel. In December, for example, Russia’s...
read more
Lebanon to devalue currency by 90% on Feb. 1
31. 1. 2023 No Responses

Lebanon to devalue currency by 90% on Feb. 1

Lebanon will adopt a new official exchange rate of 15,000 Lebanese pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current official rate that has remained unchanged for 25 years....
read more
Qatar Investment Authority doubles stake in Credit Suisse
29. 1. 2023 No Responses

Qatar Investment Authority doubles stake in Credit Suisse

The Qatar Investment Authority (QIA) now owns 6.8% of Credit Suisse’s shares, second only to the 9.9% stake purchased by the Saudi National Bank last year as part of a $4.2 billion capital raise. Combined with the 3.15% owned by...
read more
Saudis Confirm Non-Dollar Oil Trade Plans In Davos
20. 1. 2023 No Responses

Saudis Confirm Non-Dollar Oil Trade Plans In Davos

Earlier this month, former NY Fed repo guru Zoltan Pozsar wrote one of his most important reports of 2022, in which he described how Putin could unleash hell on the Western financial system by demanding that instead of dollars, Russian oil exporters...
read more
EU again postpones final vote on crypto-crackdown bill
19. 1. 2023 No Responses

EU again postpones final vote on crypto-crackdown bill

The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed from...
read more
Freeport LNG Denies Reuters Report
12. 1. 2023 No Responses

Freeport LNG Denies Reuters Report

Freeport LNG has denied a Reuters report citing unnamed sources as saying that the restart of its Texas facility will be pushed back to February due to regulatory approval issues. On Wednesday, Reuters published a story citing three unnamed sources as saying...
read more
Russia Restores Output At Sakhalin-1 Oil Project After Exxon Exit
10. 1. 2023 No Responses

Russia Restores Output At Sakhalin-1 Oil Project After Exxon Exit

Russia has ramped up oil production from the Sakhalin-1 project and expects the field to soon pump at the full level of 220,000 barrels per day (bpd) after the project’s previous operator, U.S. supermajor ExxonMobil, quit Russian operations, an industry...
read more
Dozen Dead, Over 100,000 Without Power In California
9. 1. 2023 No Responses

Dozen Dead, Over 100,000 Without Power In California

A moisture conveyor belt of atmospheric rivers continues to pound storm-battered California as the latest system could be the most severe yet. Power outages plague Northern California, as a dozen people have died across the Golden State in the last two weeks...
read more
5 North Korean UAVs flew into South Korea
26. 12. 2022 No Responses

5 North Korean UAVs flew into South Korea

On the morning of December 26th, several North Korean UAVs crossed the demarcation line dividing the Korean peninsula and entered the airspace of South Korea. According to the Joint Chiefs of Staff of the Armed Forces of South Korea, several...
read more
EU Imposes The World’s Largest Carbon Tax Scheme
22. 12. 2022 No Responses

EU Imposes The World’s Largest Carbon Tax Scheme

To prevent “carbon leakage” the European Parliament Reached a Deal on a Carbon Border Adjustment Mechanism, CBAM for short. An EU Carbon Border Adjustment Mechanism (CBAM) will be set up to equalise the price of carbon paid for EU products operati...
read more
BIS sets a limit of 2% on crypto reserves among commercial banks
18. 12. 2022 No Responses

BIS sets a limit of 2% on crypto reserves among commercial banks

Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS) sets a limit of 2% on crypto reserves among commercial banks. The new standard limits crypto reserves among banks to 2% by 2025,...
read more
Borrell: EU military stockpiles ‘depleted’
12. 12. 2022 No Responses

Borrell: EU military stockpiles ‘depleted’

Josep Borrell – Vice-President of the European Commission: EU military stockpiles ‘depleted’ Darkest hour for warmongers – “Demilitarization of Ukraine” morphed into “Demilitarization of NATO”.  “We have given weapons...
read more
Dutch Gov’t Attempts To Forcibly Close 3,000 Farms To Comply With ‘Green’ Agenda
11. 12. 2022 No Responses

Dutch Gov’t Attempts To Forcibly Close 3,000 Farms To Comply With ‘Green’ Agenda

Dutch farmers protesting for months over the government’s radical ‘green’ plan to slash nitrogen emissions by 50% – 95% could soon face forced buyouts of their land. “For agricultural entrepreneurs, there will be a stopping schem...
read more
Wind auction nets $757M in California
8. 12. 2022 No Responses

Wind auction nets $757M in California

For the first time in history, the U.S. government on Tuesday started auctioning off sites for offshore wind development near America’s Pacific coast. The Bureau of Ocean Land Management (BOEM) took bids for the rights to develop wind turbines in...
read more
1 2 3 4 5 … 26