Economics

  • by Tyler Durden
    China Imports Of Corn, Wheat Hit Record High Amid Soaring Food Prices On the same day that China published a much stronger than expected (if largely laughable as we first noted and Michael Pettis subsequently confirmed) GDP print, making China the only major economy to grow in the "year of covid", China customs data showed […]
  • by Tyler Durden
    FBI Probing Allegation That Woman Stole Laptop From Pelosi’s Office To Sell It To Russia By Zachary Stieber of Epoch Times The Federal Bureau of Investigation (FBI) is investigating whether a woman seen in House Speaker Nancy Pelosi’s (D-Calif.) office on Jan. 6 stole a computer or hard drive and planned to sell it to Russia. […]
  • by Tyler Durden
    China Reports 100+ Cases For Sixth Day As Lockdowns Expanded To 29MM As the CCP scrambles to ship tens of thousands of people out of Shinjiang into designated "quarantine centers" across Hebei province, Chinese authorities have confirmed 100+ new cases of COVID-19 for the sixth straight day on Monday as infections continue to rise in […]
  • by Tyler Durden
    Turley On 'The No-Show' Option: Trump Could Sit Out The Senate Trial And Still Prevail Authored by Jonathan Turley, There is a better defense: no defense… In a matter of days, this country will face an unprecedented Senate trial. The Senate not only will try a president for a second time but will do so […]
  • by Tyler Durden
    Facebook Temporarily Bans Ads For Combat Gear Following Capitol Riots  On Saturday morning, Facebook published a short update on their blog titled "Our Preparations Ahead of Inauguration Day," explaining how the social media company would temporarily prohibit advertisements from defense firms amid the fallout from the Jan. 6 US Capitol riots. Facebook wrote, "we are banning ads that promote […]
  • by Tyler Durden
    Tomorrow Q4 Earnings Begin In Earnest: Here's What To Expect… And Why They Don't Matter Earnings season ramps up this week as 43 companies in the S&P 500 will report –  the highlights will be Bank of America, Netflix, Charles Schwab and Goldman Sachs tomorrow, then on Wednesday, releases will come from Procter & Gamble, […]
  • by Tyler Durden
    Taibbi: How Much Did "The Culture Of Narcissism" Get Right? Authored by Matt Taibbi via TK News, It is symptomatic of the underlying tenor of American life that vulgar terms for sexual intercourse also convey the sense of getting the better of someone, working him over, taking him in, imposing your will through guile, deception, […]
  • by Tyler Durden
    Goldman: Here Is What Bidencare Will Look Like Last week, Goldman published its preview of what political life would look like for at least the next two years under a Democratic "blue sweep" of Washington. Today, in a follow up to that widely-read report, Goldman's chief economist Jan Hatzius assesses the macroeconomic implications of Biden’s […]
  • by Robert Devoe
    Are you looking for a way to earn interest on your crypto savings or borrow against your assets? That’s what the Ethereum-based AAVE platform is all about. In this article we’re going to do a brief overview of AAVE and what you can do with it. We’re also going to walk you through how to […]
  • by Nicholas Say
    Ecuadoran presidential candidate Giovanny Andrade shared his plans to create a national cryptocurrency for the Latin American country based on the gold standard. Giovanny Andrade is the president of the Ecuadorian-Chilean Chamber of Mining and has been a supporter of the dollarization of the Ecuadorian economy started in the year 2000 under the presidency of […]
  • by Nicholas Say
    Tyler Winklevoss, Gemini Co-Founder & CEO, shared the news his company has a new way to invest in crypto via an official announcement made on January 14th. The cryptocurrency exchange has announced a new line of products with its own fiat credit card, which will allow holders to gain rewards in Bitcoin or other cryptocurrencies. […]
  • by Eugene Kem
    The search for mainstream adoption remains a central theme in the cryptocurrency space, and crypto debit cards have been seen as a great way to bridge the gap between traditional finance and digital currencies. Bitcoin debit cards allow both cryptos and fiat currencies to integrate in a usable way and cards holders can transfer funds […]
  • by Nicholas Say
    The Blockchain Game Alliance was formed by a group of companies looking to boost the adoption of blockchain technology in the gaming industry, and it is sponsored by companies like Ubisoft, AMD, ARK.io, Maker, and Algorand. The organization will be running an online open forum discussion on January 15th about the status of the NTF […]
  • by Nicholas Say
    Ethereum co-founder Vitalik Buterin thinks that blockchain could be the next big thing in censorship-free communications. The events in the American Capitol have resulted in a mass exodus of Facebook and Twitter users as a result of their decision to ban President trump and several “fringe” groups. Most Twitter exiles looked at Parler as the […]
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