JPMorgan: Kicking Russian off SWIFT could have far-reaching fallout that could hurt the global economy and undermine the purpose of the penalties.

(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said disconnecting Russian banks from the SWIFT messaging system may bring “unintended consequences” that include third parties finding ways around the penalty. “What countries do you hurt? What people …

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US Trade Balance Widens To All-time High, Rise In Imports, Drop In Exports (10Y Treasury Yield Sags To 1.884%, Russian Ruble Getting Clobbered)

by confoundedinterest17 The U.S. merchandise-trade deficit unexpectedly widened in January to an all-time high, reflecting a record value of imports and a drop in shipments overseas. The shortfall grew to $107.6 billion last month from $100.5 billion in December, according to Commerce Department …

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HUGE Cyber Attack On Major Satellite Provider Shuts Down Thousands of Wind Turbines Across Europe

https://www.youtube.com/watch?v=EaIt9rpVNjU -Dusseldorf, Berlin A massive disruption of European satellite connections is restricting the operation of thousands of wind turbines in Central Europe. The large German wind turbine manufacturer Enercon confirmed this to Handelsblatt on Monday. Accordingly, the remote monitoring and …

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