Archive for the 'Economy' Category
Putin Says Western Sanctions Are Akin to Declaration of War
March 5th, 2022Via: Reuters: President Vladimir Putin said on Saturday that Western sanctions on Russia were akin to a declaration of war and warned that any attempt to impose a no-fly zone in Ukraine would be tantamount to entering the conflict.
SAGE Stands Down, Signifying ‘End of COVID Pandemic’ in the UK
March 5th, 2022Via: Telegraph: The Scientific Advisory Group for Emergencies (Sage) has been stood down in a clear sign that the Government believes the Covid crisis is over. … Behind the scenes, The Telegraph understands ministers have become increasingly frustrated with pessimistic predictions from Sage and are concerned the group does not fully take into account the […]
The End of ATMs in Australia?
March 5th, 2022Via: Daily Mail: As Australian banks continue to focus on digital transactions for customers, ATMs and bank branches are disappearing across the country, according to new data. The analysis revealed close to 460 bank branches have shut down across the nation in recent years, and dating back to 2020, approximately 3800 previously active ATMs have […]
Sony Teams Up With Honda to Make Electric Vehicles
March 4th, 2022Via: Bloomberg: Sony Group Corp. and Honda Motor Co. are joining forces to develop electric vehicles, seeking to marry their strengths as the cars of the future become more technology-driven and interconnected. The partners plan to start a new company together this year, with vehicle sales scheduled to start in 2025, according to a statement […]
m o d e r n i t y 7
March 3rd, 2022To the mailbag again. Someone asked me what I thought about the Ukraine situation. I wrote back: There are no protagonists here. NATO is a street gang. Putin, and his circle of oligarch kleptocrats, who have plundered Russia since the collapse of the Soviet Union, are another street gang. The crooks running Ukraine represent yet […]
European Gas Prices Soar as Russian Supply Concerns Mount
March 2nd, 2022Via: Reuters: British and Dutch gas prices soared over 30% on Wednesday morning, driven by anxiety over the continued supply of Russian gas and possible sanctions in response to the invasion of Ukraine.
“Breadbasket Of World” Choked Off By Russian Invasion As Wheat Prices Soar
March 1st, 2022Via: ZeroHedge: Ukraine has earned the nickname “breadbasket of Europe” for its rich dark soil, vast wheat fields, and other farm goods. The Russian invasion has cut off the world from cheap and abundant wheat supplies. Ukraine and Russia are vital to the global food supply, accounting for more than a quarter of global wheat […]
Russia: Ruble Down 20%, Stock and Derivatives Markets Closed
February 28th, 2022Via: CNBC: Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia by Europe and the U.S. for its invasion of Ukraine. […]
US, EU, UK to Sanction Russian Central Bank, Block SWIFT
February 26th, 2022Via: AP: The United States, European Union and United Kingdom on Saturday agreed to put in place crippling sanctions on the Russian financial sector, including a block on its access to the global financial system and, for the first time, restrictions on its central bank in retaliation for its invasion of Ukraine.
COVID-19 Contains Genetic Sequence Patented by Moderna THREE YEARS Before Pandemic Began
February 23rd, 2022Via: Daily Mail: Fresh suspicion that Covid may have been tinkered with in a lab emerged today after scientists found genetic material owned by Moderna in the virus’s spike protein. They identified a tiny snippet of code that is identical to part of a gene patented by the vaccine maker three years before the pandemic. […]
