Editors’ Picks – Page 36

14. 5. 2021 No Responses

TSMC is considering a 3 nm foundry in Arizona

TSMC—Taiwan Semiconductor Manufacturing Company, the chip foundry making advanced processors for Apple, AMD, and Qualcomm—is beefing up its plans to build factories in Arizona while turning away from an advanced plant in Europe. Last year, TSMC announced that it would...

13. 5. 2021 No Responses

JPMorgan, Wells Fargo Starts Credit Cards For People With No Credit Scores

After a year of clamping down on new credit card, mortgage, and commercial loan issuance in the aftermath of the COVID pandemic, US commercial banks are planning to issue credit cards to people with no credit scores. WSJ reports JPMorgan, Wells...

11. 5. 2021 No Responses

Thiel-Backed Group Inject $10 Billion Into EOS DEX

Block.one, a blockchain platform whose long-time backers include billionaire VC Peter Thiel, is launching a crypto exchange that seeks to combine attributes of traditional bourses with the benefits of decentralized finance. The exchange – will will be kn...

8. 5. 2021 No Responses

Goldman Sachs announces a new crypto trading team

Goldman Sachs has informed employees of a new cryptocurrency trading desk. It is the first time the US bank has formally acknowledged involvement in crypto-trading. The crypto team will report to Goldman partner, Rajesh Venkataramani. Goldman Sachs formally a...

7. 5. 2021 No Responses

Over 180 Israeli intellectuals warn ICC

Don’t rely on Israel to probe war crimes, over 180 Israeli intellectuals warn ICC. More than 180 Israeli intellectuals, authors and academics have called on the International Criminal Court (ICC)’s chief prosecutor not to accept Israel’s ow...

26. 4. 2021 No Responses

JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin way back during the heady crypto-rally of 2017 (shortly before analysts revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a...

23. 4. 2021 No Responses

Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

In a recent note from SocGen’s Andrew Lapthorne, the cross-asset strategist summarizes the ongoing market insanity delightfully, saying that “there is an increasingly large number of weird and wonderful signs of market excess, from surging crypto c...

22. 4. 2021 No Responses

Earth Day 2021 – Restore Our Earth

Every year on April 22, Earth Day marks the anniversary of the birth of the modern environmental movement in 1970. Let’s take a look at the last half-century of mobilization for action: ORIGINS OF EARTH DAY Earth Day 1970 gave...

19. 4. 2021 No Responses

WHO rejects COVID passport schemes

The World Health Organization (WHO) has staunchly rejected the use of Covid passports to reopen travel in a meeting of its emergency committee, over concerns that vaccinations alone won’t prevent the transmission of the virus. Reiterating their previously st...

6. 4. 2021 No Responses

IMF Introduces World Currency

It is no joke, something big happened last week. The IMF is going to give out loans in SDR. Special Drawing Rights are IMF’s currency. By itself, they’re nothing special, but the IMF has always lent in U.S. Dollars. That they are...

31. 3. 2021 No Responses

White House Unveils Details of $2.25 Trillion Infrastructure Plan, Massive Tax Hikes

After weeks of waiting with investors hanging on every new detail, President Joe Biden is expected to unveil the first part of his sweeping economic reform/redistribution plan on Wednesday afternoon. As Biden’s press secretary Jen Psaki revealed over th...

27. 3. 2021 No Responses

Iran & China ink 25-year strategic partnership accord

A cooperation deal between Iran and China covering a quarter of a century has been signed in Tehran, furthering Iran’s role in the Chinese global infrastructure initiative. Both nations are being targeted by US sanctions. The landmark document was signed...

26. 3. 2021 No Responses

Something Happened on the Way to Monetary Heaven

Something Happened on the Way to Monetary Heaven: Janet Yellen’s Plunge Protection Team Has $142 Billion to Play With. Most Americans are unaware of the existence of the Exchange Stabilization Fund (ESF). Together with the Federal Reserve Bank of New...

25. 3. 2021 No Responses

Event Horizon Telescope Reveals Spiraling Lines of Magnetism in Black Hole

In 2019, the first ever direct image of a black hole was a hazy, orange revelation. Now, the same team of researchers has produced an update of that image that renders the swirling arcs of the supermassive black hole’s magnetic fields, reports...

23. 3. 2021 No Responses

The 15th Century Medici Bank Is Getting A 21st Century Re-Launch

The 15th century Medici Bank is getting a 21st century re-launch and also will serve crypto sector. The Medici Bank name, most notably associated with the 15th century banking giant in Italy that, at the time, was the largest and...

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