On Wire

Breaking news, updates, and reports on current events.

Feeling Hot, Hot, Hot! US Home Prices Grew At 19.1% YoY In January (Is US Housing Market Addicted To Gov?)

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by confoundedinterest17 Feeling hot, hot, hot! Corelogic released their January housing report and its a doozy. Home prices nationwide, including distressed sales, increased year over year by 19.1% in January 2022 compared with January 2021. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with December 2021 (revisions with public records data are … Read more

Ted Cruz Gives Psaki New Nickname Based On A Peanuts Character

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https://www.youtube.com/watch?v=rSZKEXZKOvA Nicole Silverio from The Daily Caller reports, White House Press Secretary Jen Psaki reacted to Republican Texas Sen. Ted Cruz calling her “Peppermint Patty” at the Conservative Political Action Conference (CPAC) Thursday. Read More/Source/Credit/FairUse: https://dailycaller.com/2022/02/24/jen-psaki-responds-ted-cruz-gives-nickname-peanuts-character/

Auction today on MOST EXPENSIVE HOME in America

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The Los Angeles megamansion known as The One, is headed to auction at 7 p.m. Eastern time today. The house is valued at about $300 million, though the developer of the 105,000-square-foot spread has previously estimated the value to be as high as half a billion dollars. https://www.mansionglobal.com/articles/bidding-to-begin-on-the-most-expensive-house-for-sale-in-the-u-s-01646080052   AC

Russian Defense Ministry warns Ukrainians that they will hit precise targets in Ki, All government buildings incl. the SBU (Security Service) …

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Russian Defense Ministry warns Ukrainians that they will hit precise targets in Kiev, All government buildings incl. the SBU (Security Service) and the 72nd Center for Information and Psychological Operations. Everyone who lives nearby must leave their homes. https://twitter.com/Intel_sky/status/1498665907769552906 https://twitter.com/KarenWalker2020/status/1498660423339491338 AC

Crypto Trading Platform Founder Indicted in $2 Billion ‘Global Ponzi Scheme’…

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A federal grand jury indicted the founder of a cryptocurrency investment and trading platform on charges related to fraud and creating a “global Ponzi scheme.” 36-year-old Indian national Satish Kumbhani is the founder of BitConnect, an online trading platform for investors to exchange virtual currencies. Kumbhani allegedly misled investors about BitConnect’s lending operations, which were … Read more

We Are Heading Towards A Global Recession. At Least Bonds Get It.

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#recession … #ECB Pushing on a String edition The first large tremors in the #Eurozone #banking system were already apparent by January… how bad will it get in February and March? 😬 https://t.co/Z21dPxym0W pic.twitter.com/Sbu8ZUnqeE — Invariant Perspective (@InvariantPersp1) February 27, 2022 #recession … #GFC2 #UST #Bonds edition The mad scramble for pristine US #dollar #collateral … Read more

Shocking Video Shows How Far Seattle Has Fallen Into Lawlessness and Squalor

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https://twitter.com/choeshow/status/1498123308516052995 Really excited for The Wire to do a new series based in Seattle — Dyme (@CryptoParadyme) February 28, 2022 STREET INSIGHT: So a lot of this activity on 3rd Ave is happening outside the Century Square office tower, home to corporate biz and storefront shops like Piroshky Piroshky and Chipotle. Listen to what private … Read more

Mastercard And Visa Block Russian Firms… YouTube Blocks Russian Outlets RT And Sputnik Across Europe Effective Immediately

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Mastercard and Visa have blocked multiple financial institutions in Russia from using their payment networks after the west slapped the country with tougher sanctions. Mastercard said that it would continue to work with regulators in the coming days, although it did not specify which firms have been restricted. Visa said its number one priority was … Read more

Russia’s Central Bank Aims to Prevent Bank Runs

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by Martin Armstrong (Image of Americans lining up to withdraw cash during the Great Depression) The Central Bank of the Russian Federation is speaking carefully and confidentally to prevent an official bank run. “In recent days, the demand for cash has grown. To meet the increased demand, the Bank of Russia increased the issuance of … Read more