The draft of a bill that would provide clarity to class some crypto assets as digital commodities has been released by key Republican Chairs on the House Financial Services Committee and House Agriculture Committee.
Author: admin (Kendrick Williams)
Post
SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST
Silverstein Properties, which developed the new World Trade Center, has made a deal to sell a 20-story office property on Manhattan’s Fifth Avenue for $105 million. In 2020, the company had refinanced the building for $171 million.
Post
SPOTLIGHT: CHINA
China dominates lithium refining but has only 8 percent of the world’s raw lithium, less than Argentina, Bolivia, or Chile. Even the U.S. has more lithium ore than the Asian giant.
Post
MEXICO’S CENTRAL BANK PROMISES NO MORE INTEREST RATE INCREASES
Meeting on 25 May, the governing board of Mexico’s central bank voted unanimously to hold its key interest rate at 11.25 percent, halting its fastest and steepest series of rate increases on record.
Post
CORPORATE BUYBACKS: THE SPREE CONTINUES
The spate of corporations buying their own stock that we reported in “Company Stock Buybacks Set Record, Spark Investor Complaints” (23 May 2023) shows no signs of slowing.
Post
COPPER’S PRICE FALLS AGAIN AS GLOBAL ECONOMIC OUTLOOK DARKENS
On 22 May, the price of copper to be delivered two days later was $66 a ton cheaper than copper for delivery in August, the Financial Times reported, as traders expressed disappointment with China’s weak manufacturing recovery.
Post
TOP TREND 2023, GOING GREEN, LIKE IT OR NOT: INVESTMENT IN GREEN ENERGY POISED TO TOP OIL THIS YEAR FOR THE FIRST TIME
Roughly $2.8 billion will be invested this year to increase global energy supplies, with $1.7 billion, or about 60 percent, going to clean energy projects such as solar and wind generation, the International Energy Agency (IEA) has predicted.
Post
CONSPIRATORS FOR THE CONSTITUTION: WHEN ANTI-GOVERNMENT SPEECH BECOMES SEDITION
Let’s be clear about one thing: seditious conspiracy isn’t a real crime to anyone but the U.S. government.
Post
THE MANY HEALTH BENEFITS OF FENNEL
Common fennel is a perennial plant in the carrot family. All but the roots are used in traditional culinary and medicinal preparations. The plant is native to the Mediterranean and is believed to have been part of Jewish meals since biblical times.