Editors’ Picks – Page 20

1. 10. 2022 No Responses

U.S. and EU Pension Funds Could Face Their Own “Lehman Moment”

The Bank of England intervention this week was a result of pension funds potentially having a “Lehman Moment”. Reports noted that pension plans overseas were hastily selling bonds to try and meet margin calls, a scenario that I am certain we are...

30. 9. 2022 No Responses

US Hits Chinese Firms With New Sanctions Over Iranian Oil

The US has slapped new sanctions on Chinese firms related to Iran’s petrochemical and petroleum trade, after years of reports of Chinese tankers engaged in sanctions-busting activity, and at a moment that a finalized restored JCPOA nuclear deal has all but....

29. 9. 2022 No Responses

BYD sets prices for EV models intended for Europe

Chinese giant BYD, seeking to fast establish a name in Europe, disclosed tentative prices for three full-electric passenger vehicles to be delivered in six European countries. The Atto 3, a compact crossover, will be sold for 38,000 euros. Two midsize model...

28. 9. 2022 No Responses

Russia One Step Closer To Using Crypto In International Trade

The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements, per a report from Russian news outlet Tass. The bill “as a whole writes out how...

27. 9. 2022 No Responses

Syria Demands Compensation For Oil Losses In UN Speech

In a rare plea before the U.N. General Assembly in New York, Syria’s top diplomat demanded compensation for oil and gas stolen by the United States, as well as its monumental energy losses over the course of the 11-year long war....

26. 9. 2022 No Responses

New Zealand Prime Minister Calls For A Global Censorship System

New Zealand Prime Minister Jacinda Ardern is the latest liberal leader to call for an international alliance to censor speech. Unsatisfied with the unprecedented corporate censorship of social media companies, leaders like Hillary Clinton have turned from pr...

25. 9. 2022 No Responses

JP Morgan To Cannibalize Its Own Card Revenue In Race To Be First On Pay-By-Bank Processing

Pay-by-bank processing would abandon costly interchange fees charged by card companies like Visa and Mastercard. “If I hear that any of you aren’t sharing information with each other, or you’re hiding information, you’re fired.” That’s appa...

24. 9. 2022 No Responses

Germany: Greens Plan To Ban Native Germans From A Third Of Jobs To Promote ‘Diversity’

In the name of promoting “diversity,” ruling Greens in the German the city of Hanover plan to ban a third of native citizens from applying for government jobs so they can be given to migrants. “A green mayor makes the...

23. 9. 2022 No Responses

Boeing Settles With SEC For $200 Million Over “Misleading Investors” On 737 Max Safety

Boeing Co. reached a $200 million settlement with the Securities and Exchange Commission on Thursday into allegations that the aircraft manufacturer and former chief executive deceived investors and the public about the safety of the 737 MAX plane that kill...

22. 9. 2022 No Responses

PayPal Sparks Outrage After Shutting Down Account Of Britain’s Free-Speech Union

Not only can you not express certain views, you can’t defend people’s right to express them. U.S. financial tech company PayPal has been accused of a “sinister form of cancel culture” after its decision to shut down the accounts of the Free...

21. 9. 2022 No Responses

Ed Snowden: America’s Open Wound – The CIA Is Not Your Friend

Democracy and the rule of law have been so frequently invoked as a part of the American political brand that we simply take it for granted that we enjoy both. Are we right to think that? “Better that right counsels be known to enemies...

20. 9. 2022 No Responses

European Commission Seeks Sweeping New Crisis Powers To Secure Critical Supply Chains

The executive body of the European Union (EU) laid out a new emergency tool to secure supply chains in times of crisis that would give it sweeping new powers to block member countries from adopting restrictions to the free movement of crisis-relevant goods...

17. 9. 2022 No Responses

India Overtakes UK To Become Fifth Biggest Economy

Just a decade ago, Indian GDP was the eleventh largest in the world. Now, with 7 percent growth forecast for 2022, India’s economy has overtaken the United Kingdom’s in terms of size, making it the fifth biggest. India’s growth is accomp...

16. 9. 2022 No Responses

White House Releases First Ever Comprehensive Crypto Regulatory Framework

Following U.S. President Biden’s executive order, the White House published a framework for CBDC development and draconian regulation of the crypto ecosystem. The White House has published a legal framework for engaging with bitcoin and cryptocurrencies in t...

14. 9. 2022 No Responses

CBDCs are a dystopian implementation of money

Central bank digital currencies (CBDCs) are being actively developed and discussed in many major nations in the world including 19 of the G20 countries, and around 105 others worldwide, as shown by Atlantic Council statistics in 2022. They are being advanced...

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