CFTC Commissioner Pham Announces Proposed Work Program for CFTC Global Markets Advisory Committee and Seeks PUBLIC Input by May 30. Topics include: derivatives market reform, recommendations on regulation of NFTs, recommendations to improve trade reporting for swaps market oversight.

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by Dismal-Jellyfish Source: https://www.cftc.gov/PressRoom/PressReleases/8703-23 Commissioner Caroline D. Pham announced today the 2023-2025 proposed work program for the Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), including the Global Market Structure Subcommittee, the Digital Asset Markets Subcommittee, and the Technical Issues Subcommittee. Commissioner Pham is the sponsor of the GMAC and is seeking input to the … Read more

Crisis? US Loan Demand Weakens By Most Since 2009 Financial Crisis (Bidenflation + Fed Rate Hikes = Collapsing Loan Demand)

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by confoundedinterest17 Inflatiion Joe Biden (or Unaffordable Joe). Bidenflation has led to The Federal Reserve tightening interest rates. As I said on Stuart Varney’s show years ago, “When The Fed starts raising rates, KABOOM!” Now we are seeing US Loan Demand weakening by the most since the 2009 financial crisis. Then we have large/medium sized … Read more

Aldi Products Are Getting 200% More Expensive

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Is Aldi really the cheapest discount retailer out there? Consumers are certainly doubting this right now. An updated report released by grocery market data collection company Greenbook revealed that food prices are rising faster at Aldi stores than at other big box retailers this year, marking the second consecutive year the grocer reports the biggest … Read more

NATO imprisoning journalists

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Last week Joe Biden, Karine Jean-Pierre and other media luminaries fell all over themselves expressing the importance of press freedom and excoriating Russia for imprisoning Wall Street Journal reporter Evan Gershkovich. Not mentioned? Spanish journalist Pablo Gonzalez who has been held in a Polish prison for 14 months without being charged with a crime.

NARRATIVES DON’T MAINTAIN THEMSELVES, YOU KNOW: CNN Abruptly Ends Interview After Migrant Makes Damning Admission About Title 42.

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via townhall: As a CNN reporter strolled the streets near the U.S.-Mexico border, he stopped to ask a migrant, “Were you aware of Title 42 and that they were going to open the border like before the pandemic?” In response, the migrant said “yes,” telling the reporter that he heard the southern border would be … Read more

“People are Getting Killed” – GOP Lawmaker Calls for Impeachment of DHS Secretary Alejandro Mayorkas

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Last week Title 42 was lifted, and with this legal action the Biden regime opened the US borders to the world. 10,000 illegals were storming the US border a day setting all-time records last week. Also last week House Majority Whip Tom Emmer (R-MN) called for Alejandro Mayorkas’s impeachment. This was long overdue. Over 5 … Read more

Argentina is set to raise interest-rates to 97%

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by Shaun Richards Over the weekend I was thinking about Turkey and the issues of high interest-rates and currency devaluations, partly due to the Presidential elections there. But in terms of economic news Argentina has stepped up and said “Hold My Beer”. Argentina is preparing a set of emergency measures, including raising its key interest … Read more

Facial recognition at Air Canada.

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Presenting Air Canada’s digital identification system Air Canada is introducing digital identification technology through the Air Canada mobile app, which allows you to access multiple touchpoints along your journey without needing to show your boarding pass or government ID. Our digital identification technology takes measurements of the face and creates a numeric representation called a faceprint. The … Read more

Well d’uh… Toronto ‘Anti-Capitalist’ Pay-When-You-Can Cafe Shuts Down After Just One Year

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The Anarchist describes itself as an “anti-capitalist, anti-colonial cafe, shop and radical community space on stolen land.” “Unfortunately, the lack of generational wealth/seed capital from ethically bankrupt sources left me unable to weather the quiet winter season, or to grow in the ways needed to be sustainable longer-term,” the owner, Gabriel Sims-Fewer wrote last week. … Read more

Haiti’s Escalating Gang Violence

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How much longer until those gangs get on boats and head north to the shores of Florida   In the same quarter, an estimated 13,490 people are believed to have fled their homes due to the violence and socio-economic situation. Several schools and healthcare facilities have had to shut in Port-au-Prince, while the escalations have … Read more

How Do You Manage Inherited Wealth?

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According to a report in the Wall Street Journal, $70 trillion worth of assets will be transferred from older to younger generations over the next two decades. The good news is, a fraction of these assets could be yours. However, just like earned wealth, inherited assets will need proper management.  In this blog, we will … Read more

Flesh-eating zombie drug ‘tranq’ takes over LA streets : Users have rotting skin and seen hunched over …

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Flesh-eating zombie drug 'tranq' takes over LA streets as users with rotting skin are seen https://t.co/MohLzOTCDg pic.twitter.com/wLvKmwsz6s — Daily Mail US (@Daily_MailUS) May 15, 2023   Flesh-eating zombie drug 'tranq' takes over LA streets https://t.co/YPOVp0Tzh4 — nobody (@NewsfeedsMedia) May 15, 2023 Los Angeles officials are trying to stop the spread of the flesh-eating drug xylazine … Read more