Category: Editors’ Picks

Banks to pay $1 Billion over traders’ use of WhatsApp
21. 8. 2022 No Responses

Banks to pay $1 Billion over traders’ use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages. The banks...
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China Jails Billionaire Xiao Jianhua For 13 Years, Slaps $8.1 Billion Fine
20. 8. 2022 No Responses

China Jails Billionaire Xiao Jianhua For 13 Years, Slaps $8.1 Billion Fine

In the most glaring lesson yet to the country’s upstart nouveau-riche oligarchs, a Chinese court has sentenced Xiao Jianhua, the billionaire founder of Tomorrow Group known for managing assets for descendants of prominent Chinese leaders, to 13 years i...
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KIA’s New EV Is Faster Than a Corvette
19. 8. 2022 No Responses

KIA’s New EV Is Faster Than a Corvette

KIA unveiled the muscular version of its already fairly powerful EV6 electric car on Friday during Monterey Car Week, the largest auto show in the US The EV6 was already available with 320 horsepower in the GT-Line AWD, but the...
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The 10 Biggest Military Spending Nations In The World
18. 8. 2022 No Responses

The 10 Biggest Military Spending Nations In The World

Military spending and technology has come under the spotlight as the world tracked Western arms shipments and watched how Iskanders, Kalibrs, HIMARS and other weaponry affected the conflict. But, as Visual Capitalist’s Niccolo Conte details here, devel...
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North Korea fired two cruise missiles towards the sea
17. 8. 2022 No Responses

North Korea fired two cruise missiles towards the sea

South Korea says it is investigating launches after it detected two missiles fired from the North’s west coast into the sea. North Korea has fired two cruise missiles into the sea, according to South Korean officials, in Pyongyang’s first weapons...
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Three Arrows Founders Bought $50 Million Superyacht Called “Much Wow” Prior To Firm’s Collapse
16. 8. 2022 No Responses

Three Arrows Founders Bought $50 Million Superyacht Called “Much Wow” Prior To Firm’s Collapse

The Crypto Geniuses Who Vaporized a Trillion Dollars The boat was a beauty of a thing: some 500 tons across 171 feet of glass and steel as white as Santorini. All rounded edges, the five decks — one with a glass-bottom...
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Aramco’s Q2 net income surges to $48.4 billion
15. 8. 2022 No Responses

Aramco’s Q2 net income surges to $48.4 billion

Saudi Arabia’s largely state-owned energy firm has highlighted the colossal profits made by gas and oil-rich nations during the energy crisis by revealing profits in the three months to the end of June up 90% to $48bn (£40bn). Saudi Aramco...
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The faux “fact-checking” organizations are directly funded by Washington
14. 8. 2022 No Responses

The faux “fact-checking” organizations are directly funded by Washington

Most of the fact-checking organizations Facebook has partnered with to monitor and regulate information about Ukraine are directly funded by the U.S. government, either through the U.S. Embassy or via the notorious National Endowment for Democracy (NED). In li...
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Poland wants Ukraine to admit genocide
13. 8. 2022 No Responses

Poland wants Ukraine to admit genocide

A Polish deputy culture minister says the 1943 Volhyn massacres fit the definition of genocide and Kiev will have to recognize that. The mass murder of Poles by Ukrainian nationalists during the Second World War meets the definition of genocide...
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Sam Bankman-Fried’s crypto firms had deep ties to bankrupt Voyager Digital
10. 8. 2022 No Responses

Sam Bankman-Fried’s crypto firms had deep ties to bankrupt Voyager Digital

Sam Bankman-Fried became a crypto billionaire and one of the most famous players in the industry by building cryptocurrency exchange FTX. His company was pseudo-valued at $32 billion in January and currently has more than a million users. Voyager is a...
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Ukraine halts Russian oil supply to EU
9. 8. 2022 No Responses

Ukraine halts Russian oil supply to EU

Ukraine’s state oil pipeline operator Ukrtransnafta has stopped pumping Russian crude through the southern branch of the Druzhba system to the EU, RIA Novosti news agency reported on Monday, citing Russia’s Transneft. According to the report, transit suppl...
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UNSC expresses ‘deep concern’ about Israeli aggression in Gaza Ghetto
9. 8. 2022 No Responses

UNSC expresses ‘deep concern’ about Israeli aggression in Gaza Ghetto

The UN Security Council (UNSC) expressed “deep concern” about the situation in the Gaza Ghetto during an emergency meeting to discuss the Khazar-Zionist regime’s latest aggression in the besieged enclave, the Russian envoy to the world body said ...
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The Destiny of Civilization: Michael Hudson on Finance Capitalism
8. 8. 2022 No Responses

The Destiny of Civilization: Michael Hudson on Finance Capitalism

Michael Hudson is the president of the Institute for the Study of Long-Term Economic Trends. He is an economist and an author. Some people probably already know him, but the book probably most famously Super Imperialism: The Economic Strategy of...
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Turkey Agrees To Pay For Russian Gas With Rubles
7. 8. 2022 No Responses

Turkey Agrees To Pay For Russian Gas With Rubles

Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited by Reuters. As part of the deal, which would increase...
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Spain Bans A/C Dropping Below 80°F, Threatens Massive Fines
6. 8. 2022 No Responses

Spain Bans A/C Dropping Below 80°F, Threatens Massive Fines

Penalties will range from up to €60,000 for minor offenses, to a maximum of €600,000 for serious violations. Citing “a real risk of a natural gas shortage during the coming winter,” the Spanish government has decreed that all shops, department s...
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