Breaking news, updates, and reports on current events.
#PBOC advisor Liu Shijin:It's difficult for #China to achieve 5% growth this year;China should aim for at least 5% growth next year pic.twitter.com/nRcgsLr5GL — Cathy Yuan Zhang (@CathyYuanZhang) November 18, 2022
CitizenFressPress.com (CFP) was not the only account to have shared the clip, though appears to be the only one that has received a suspension for doing so. Though the video can still be viewed on Elon Musk’s platform, it now carries a warning label which claims the video is “misleading,” as well as noting that … Read more
‘Dozens of court documents relating to Jeffrey Epstein’s associates, including a billionaire businessman, will be made public after a judge ruled the public interest outweighs the right to privacy. Judge Loretta Preska on Friday ruled that the material concerning eight people should be unsealed despite one subject claiming it could ‘wrongfully harm (his) privacy and … Read more
by Infamous_Sympathy_91
Carvana is laying off about 1,500 people, or 8% of its workforce, Friday following a free fall in the company’s stock this year, a weakening used vehicle market and concerns around the company’s long-term trajectory, according to an internal message first obtained by CNBC’s Scott Wapner. The email from Carvana CEO Ernie Garcia, titled “Today … Read more
Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. “I don’t even know these people because they never … Read more
by Infamous_Sympathy_91
Sam Bankman-Fried was allegedly directed by Bahamas regulators to gain unauthorized access to his collapsed crypto platform after quitting as CEO FTX made the bombshell claims in an emergency legal filing in the US Bankruptcy Court in Delaware on Thursday Bankman-Fried was accused of ‘hacking’ FTX systems to transfer digital assets to Bahamas government while he … Read more
“At this moment, we have nobody to reach out to,” says Nina Santos, a researcher at the Brazilian National Institute of Science & Technology in Digital Democracy. “All the people that we were talking with are no longer there.” Santos says that until Musk’s takeover, Twitter had been “quite responsive” in taking down rule-breaking content … Read more
by Shaun Richards This morning in Frankfurt ECB President Christine Lagarde has been setting out ger stall on monetary policy. In essence she is presenting herself as a doughty and valiant inflation fighter. For the ECB, displaying our commitment to our mandate is vital to ensure that inflation expectations remain anchored while inflation is high. … Read more
by Martin Armstrong Dick Armey is the former House Majority Leader and an Economist from Texas. He was elected to Congress in 1984,and arrived in Washington as a novice. Dick, being an economist, was a strong believer in the policies of Ronald Reagan. He was a staunch supporter of his policies, which were revolutionary for … Read more
It’s not that often you use the word ‘guarantee’ and are right about it, but this could actually be one of those times. Question: what do you get when you combine a debt- grounded financial system with soaring interest rates? If debt levels keep rising, and the federal government has to pay interest on that … Read more
by BoatSurfer600 The United States cannot stop Pakistan from purchasing Russian oil and it will be possible to do so soon, Pakistan Finance Minister Ishaq Dar said. Dar made the remarks while addressing the Pakistan Muslim League – Nawaz (PML-N) workers in Dubai on November 13, reported Pakistan media. Source: https://www.timesnownews.com/world/us-cannot-stop-us-pakistan-warns-washington-says-wants-oil-from-russia-on-indias-pattern-article-95573081
by pacmanpill Thanks for the context, Wikipedia. I really just needed someone to tell me everything on the screen isn’t actually happening.
“The market is going to set the price so if you put sanctions on at higher prices, in a way you’re just making the situation worse, in my opinion,” Mnuchin told CNBC’s Hadley Gamble. G-7 nations are set to announce a fixed price cap on Russian oil that is exported through certain Western routes. Analysts say … Read more
The US Food and Drug Administration has approved lab-grown meat, a product grown from animal cells, for human consumption for the first time. The FDA announced Wednesday that laboratory-grown chicken developed by Upside Food, is “safe to eat,” clearing the way for the California-based company that creates cell-cultured chickens to begin selling its products. To … Read more
Michael Burry has trumpeted gold as a likely winner from the crypto meltdown, and hinted he’s betting on stocks to tumble. Golden opportunity “Long thought that the time for gold would be when crypto scandals merge into contagion,” Burry said in a now-deleted tweet on Tuesday. The investor of “The Big Short” fame was almost … Read more
