Ford’s market cap tops $100 billion for first time ever

Ford’s market cap tops $100 billion for first time ever

  Ford’s market value topped $100 billion for the first time ever, as the automaker’s stock hit a new 52-week high Thursday. The gains have been fueled by Ford’s plans to increase production of electric vehicles, including the Mustang Mach-E crossover and...
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Distribution of Bitcoin mining hashrate

Distribution of Bitcoin mining hashrate

Distribution of Bitcoin mining hashrate from September 2019 to April 2021, by country: Most Bitcoin mining occurred in China, according to IP addresses from so-called hashers that used certain Bitcoin mining pools in 2021. Likely this is connected to energy p...
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Outgoing Fed Vice Chair Quietly Covered Up Suspicious Trades Made During March 2020 Market Rout

Outgoing Fed Vice Chair Quietly Covered Up Suspicious Trades Made During March 2020 Market Rout

Several months have passed since FOMC members Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan abandoned their posts following a trading scandal that raised questions about senior Fed officials. Now, Richard Clarida, who is already on...
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U.S. Overtakes Qatar To Become The Largest LNG Exporter

U.S. Overtakes Qatar To Become The Largest LNG Exporter

The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations, the U.S. dethroned Qatar as the top LNG exporter in the w...
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Rumor: Iran Bought SU-35 Fighters

Rumor: Iran Bought SU-35 Fighters

Iran has begun training pilots to fly Su-35 fighters. According to the data presented, today we are talking about the training of 32 pilots, which, according to experts, indicates that Tehran has decided to purchase 24 to 32 Su-35 fighters...
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China Creates AI Prosecutor That Can Identify Crimes And Press Charges

China Creates AI Prosecutor That Can Identify Crimes And Press Charges

Unfortunately, this isn’t a joke. China has reportedly developed an artificial intelligence program that can automatically prosecute crimes committed in the People’s Republic, according to a report in the state-friendly South China Morning Post, a...
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US Navy Tests New Laser Weapon Off Yemen Coast

US Navy Tests New Laser Weapon Off Yemen Coast

The US Navy tested an advanced laser weapon near Yemen’s coast in the Gulf of Aden on Tuesday, destroying a floating target. The US Navy’s Fifth Fleet said the amphibious transport dock ship USS Portland “conducted a high-energy laser weapon syste...
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China & Russia are ready to end US dominance of global finance

China & Russia are ready to end US dominance of global finance

Russian President Vladimir Putin held extensive talks with his Chinese counterpart, Xi Jinping, earlier this week, with the two world leaders agreeing on plans to establish a new shared international financial framework. China and Russia have been gradually mo...
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Collapse of Energy Suppliers

Collapse of Energy Suppliers

“Since the beginning of September, a total of 24 energy suppliers have now failed following a spike in gas prices.” “As suppliers continue to fall like dominoes, it’s clear the market is not functioning as it should and there are...
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LA Import Volume Sinks As Shipping Traffic Jam Worsens

LA Import Volume Sinks As Shipping Traffic Jam Worsens

Despite America’s epic consumer boom, containerized imports to the Port of Los Angeles dropped to 403,569 twenty-foot equivalent units in November, down 14% from October and down 13.2% year on year. For the second month in a row, Los Angeles’...
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Safran, GE target open-fan RISE engine at -20% fuel burn by 2030s

Safran, GE target open-fan RISE engine at -20% fuel burn by 2030s

The CFM partnership aims for RISE to secure a -20% fuel burn reduction via the engine structural aspects alone, including a geared architecture, with further reductions from lower-emissions fuel such as sustainable aviation fuels (SAF) or hydrogen. RISE — R...
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Biden Orders “Immediate Halt” Of US Federal Aid For Oil, Gas And Coal Projects Overseas

Biden Orders “Immediate Halt” Of US Federal Aid For Oil, Gas And Coal Projects Overseas

Biden finds himself in a bind: having (finally) realized that any aggressive crackdown on domestic oil producers means sharply higher energy prices, the president is also jugging an increasingly displeased contingent of “green new deal” progressive...
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India’s Jet Airways Weights Boeing, Airbus $12 Bln order

India’s Jet Airways Weights Boeing, Airbus $12 Bln order

India’s Jet Airways is in talks with planemakers Boeing Co. and Airbus SE for an order worth $12 billion. The airline’s new owners, UAE-based businessman Murari Lal Jalan and UK investment firm Kalrock Capital, told Bloomberg News that Jet could...
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Bitcoin-Backed Bonds Are Coming To Wall Street

Bitcoin-Backed Bonds Are Coming To Wall Street

Goldman Sachs, and a handful of othe tier-one US banks, are figuring out how to use bitcoin as collateral for cash loans to institutions, according to three people familiar with the plans. Emulating tri-party repo type arrangements (a way of...
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FDA Wants 55 YEARS to Release Vaccine Approval Documents

FDA Wants 55 YEARS to Release Vaccine Approval Documents

In September, 30 scientists and professors filed a lawsuit to force the FDA to release the documents it reviewed to approve the Pfizer COVID vaccine. The scientists want to “settle the ongoing public debate regarding the adequacy of the FDA’s...
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