Business – Page 13 – PressClub World

13. 11. 2022 No Responses

China Issues Sweeping Property Rescue Package To Kickstart Economy

Bloomberg reported late on Saturday that Beijing has issued “sweeping relaxation measures on property and Covid controls”, in what the media outlet called the strongest signal yet that President Xi Jinping is now turning his attention on rescuing the economy. Confirming that...

12. 11. 2022 No Responses

WSJ: Caroline Ellison said on the call that FTX used customer money to help Alameda meet its liabilities

Citing ‘people familiar with the video’, the WSJ reports that Alameda employees held a video conference late Wednesday Hong Kong time, in which 27-year-old Alameda CEO Caroline Ellison (also known as @carolinecapital) said that she, Bankman-Fri...

10. 11. 2022 No Responses

Iran develops hypersonic ballistic missile capable of penetrating advanced air defense shields

A high-ranking commander of IRGC says the country has developed a homegrown hypersonic ballistic missile which is capable of penetrating sophisticated aerial defense shields and striking designated targets. “The missile has a high velocity and can maneuver b...

10. 11. 2022 No Responses

Sam Bankman-Fried described the crypto sold on FTX as a Ponzi scheme

Inside DeFi ecosystem the source of double-digit yields has long been questioned. Here is transcription of podcast with FTX Chief Executive Officer and crypto billionaire Sam Bankman-Fried and Bloomberg Opinion columnist Matt Levine, to talk about how people ...

9. 11. 2022 No Responses

Meta to Cut 11,000 Jobs

Meta Platforms Inc. (ex-Facebook) Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs, calling himself responsible for the first major round of layoffs in the social media monster’s history. The reductions, equal to about ...

7. 11. 2022 No Responses

Facebook parent Meta planning massive layoffs this week

Mark Zuckerberg has said he expects the metaverse investments to take about a decade to bear fruit. In the meantime, he has had to freeze hiring, shutter projects and reorganize teams to trim costs. Meta Platforms Inc is planning to...

6. 11. 2022 No Responses

Some European industries are shutting down as a result of the ongoing energy crisis

European industries including ferroalloys, fertilizer plants and specialty chemicals are shutting down as a result of the ongoing energy crisis. Certain industries may not come back, even if the energy crisis eases. An increasingly tight regulatory environment...

4. 11. 2022 No Responses

US Debt-Servicing Projection Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck

If the current 4.5% average yield curve rate propagates to all $31 trillion worth of debt, we are looking at $1.4 trillion per year just in interest payments. This would be 29% of the 2022 FY total Federal tax receipt....

28. 10. 2022 No Responses

Twitter’s CEO, CFO and Chief Censor escorted out of HQ

The machinery of the Deep State and the Apartheid Zionist regime narrative took a heavy hit. The strategists and ideologists of the Khazarian crime syndicate are shaking with fear. If Elon Musk’s public statements that he plans to reduce or...

25. 10. 2022 No Responses

Iran signs deal to supply 50 gas turbines to Russia

Iran has signed a contract with Russia to supply it with 40 turbines to help its gas industry amid Western sanctions, Shana news agency reports. Iranian Gas Engineering and Development Company’s CEO Reza Noushadi said the country’s “industrial su...

23. 10. 2022 No Responses

Ocean Shipping Costs Decline 84%

The queue of ships waiting to unload at the ports of Los Angeles and Long Beach fell from a peak of 109 ships in January to four vessels this week. Descartes Datamyne, a data analysis group owned by supply-chain software...

22. 10. 2022 No Responses

CIA and Pentagon behind “over 800 major movies and more than 1,000 TV titles”

According to a new document obtained under the Freedom of Information Act, the CIA and the Pentagon have tirelessly “worked behind the scenes on over 800 major movies and more than 1,000 TV titles.” That is quite a huge number. Researchers,...

22. 10. 2022 No Responses

The War On Crypto Privacy Intensifies

Automatic Reporting of All Trades and Transactions Soon Mandatory. Massive overreach of international regulators to force all service providers in the industry to: Record ALL crypto trades on exchanges, DEFI and DEXs; Record (large) purchases from private wall...

19. 10. 2022 No Responses

ExxonMobil abandons a major stake in the Sakhalin-1 oil and gas project

US energy giant ExxonMobil announced that it has left Russia completely, discontinuing operations in the Sakhalin-1 project in the country’s Far East, after it was transferred to a local entity. “With two decrees, the Russian government has unilaterally te...

10. 10. 2022 No Responses

Germany, Denmark and Norway will purchase 16 Slovak-made Zuzana 2 howitzers for Ukraine

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