Archive for the 'Economy' Category
Canadian Bank Launches Credit Card Linked to Carbon Emissions
November 18th, 2022Via: Summit News: A bank in Canada has become the first in the country to launch a credit card that tracks a customer’s carbon emissions, amid concerns that such a scheme could one day be used to restrict purchases. In an effort by the credit union to display its commitment to ‘climate action’, Vancity will […]
60% of Americans Are Living Paycheck to Paycheck
November 18th, 2022Via: CNBC: Just as the holiday shopping season gets into full swing, families are finding less slack in their budgets than before. As of October, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report. A year ago, the number of adults who felt stretched too thin was closer to 56%.
Biden Administration Requests Immunity for Saudi Crown Prince in Khashoggi Killing
November 18th, 2022Via: Fox: The Biden administration declared Thursday night the official standing of Saudi Arabia’s crown prince should grant him immunity in lawsuits for his alleged role in the brutal killing of a U.S.-based journalist. The request is a controversial one after President Biden promised “consequences” on his campaign trail for Saudi officials following the 2018 […]
G20 Promotes WHO-Standardized Global Vaccine Passport and ‘Digital Health’ Identity Scheme
November 17th, 2022Via: Epoch Times: Leaders of the Group of 20 (G20) have issued a joint declaration promoting a global standard on proof of vaccination for international travel and calling for the establishment of “global digital health networks” that build on existing digital COVID-19 vaccine passport schemes. The joint statement followed the conclusion of the G20 summit […]
New York Fed Announces Test of Digital Dollar with Major Banks
November 16th, 2022Via: Washington Examiner: The Federal Reserve Bank of New York and major banks will launch a three-month test of a digital dollar in hopes of studying its feasibility. The initiative was announced by the regional Federal Reserve bank and nearly a dozen financial institutions on Tuesday. A news release referred to the experiment as a […]
Target: ‘Organized Retail Crime’ Has Driven $400 Million in Extra Profit Loss This Year
November 16th, 2022Via: Yahoo: Target stores are getting looted, and it’s taking a huge bite out of profits. The discount retailer told reporters on a call to discuss its third quarter earnings results that inventory shrinkage — or the disappearance of merchandise — has reduced its gross profit margin by $400 million so far in 2022 compared […]
FTX: “A Milieu of Corruption,” Funded Bogus Ivermectin Study
November 16th, 2022Not only was there a Ukraine-to-Democrats financial pipeline, there was also funding for a slipshod study that cast doubt on Ivermectin and Hydroxychloroquine as treatments for COVID-19. pic.twitter.com/x6NTh7vgdb — Bob Moran (@bobscartoons) November 15, 2022 Via: Peak Prosperity: More: Bankrupt FTX Gave $18.2M to Early COVID-19 Researchers Who Cast Doubt on Ivermectin and Hydroxychloroquine Fraudulent […]
How World Economic Forum, Others Are Hiding Their Past Ties with FTX
November 15th, 2022Via: New York Post: Web archive sites show that the World Economic Forum — whose glitzy shindig in Davos, Switzerland, is a must-attend for billionaires and world leaders each year — had previously listed FTX as one of its “partners,” touting the Bahamas-based firm as a “cryptocurrency exchange built by traders, for traders.” Bankman-Fried also […]
Germany Steps Up Emergency Cash Plans to Cope in Blackout
November 15th, 2022Cash deliveries during blackouts? haha I mean, sure, why not? This sounds fine. Via: Reuters: German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running, four people involved said, as the nation braces for possible power cuts arising from the war in Ukraine. The plans […]
FTX Was Registered with and Licensed by the CFTC, Which Failed to Properly Regulate or Supervise It
November 15th, 2022Via: Better Markets: FTX via FTX Derivatives US LLC, a derivatives clearing organization (DCO), is licensed by and registered with the CFTC, which was supposed to regulate and supervise it. The CFTC appears to have failed miserably at that and missed what now appears to be multiple failures at FTX to meet fundamental corporate governance […]
