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AUSTRALIA: NO JAB, NO JOB

Marching to the COVID War orders of nations, states and cities around the world, down under, top Australian supermarkets are preparing to enforce COVID-19 vaccine mandates that could result in workers losing their jobs if they cannot produce a proof-of-vaccination card. Two supermarket giants in the country have announced that they will follow the country’s...

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CHINA PRESSURES RETAILERS TO EXPAND DIGITAL PAYMENT SYSTEM

The Chinese government is pressuring McDonald’s to expand its ability to accept payments in e-renminbi, China’s new state-backed digital currency, in more stores before next year’s Winter Olympics begin in February, according to the Financial Times. Currently, McDonald’s plans to accept the e-renminbi at 270 restaurants in Shanghai but the government wants the burger chain...

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FOLLOW THE MONEY: FTX CRYPTO EXCHANGE VALUATION REACHES $25 BILLION

The cryptocurrency exchange FTX rose in value to $25 billion through a new $420-million funding round that drew investors including the Ontario Teachers Pension Plan and funds managed by Blackrock, according to The Wall Street Journal. Other funders included IVP, Iconiq Growth, Sequoia Capital, Tiger Capital Management, and Temasek, Singapore’s national wealth fund. FTX had...

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WALMART SIGNS UP FOR CRYPTO

Walmart, the U.S.’s biggest retailer, has installed Bitcoin ATMs at 200 stores and plans to add another 8,000 across the U.S. in the months ahead, allowing customers to buy the world’s premiere cryptocurrency while they buy socks and Pampers. Walmart’s Bitcoin ATMs are operated by CoinMe, which has partnered with Coinstar.  Coinstar fields vending machines...

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INVESTORS DUMP GOLD FOR CRYPTO

Gold prices dipped below $1,800 on 25 October as investors continued to sell gold and invest in cryptocurrencies, the Financial Times reported. Investors have yanked $10 billion from the world’s largest gold-focused exchange-traded fund so far this year, and gold reserves also have lost owners, Bloomberg data shows. The price of gold has slipped about...

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AMERICA NEEDS A TECH STRATEGY TO COUNTER CHINA, SAY TOP POLS

A unified approach throughout government agencies, and “cold war” level investments are needed to counter and stay ahead of China in crucial technology competition. That was the takeaway of an event last Thursday sponsored by the Center for New American Security.  Sen. Michael Bennet (D-CO), the keynote speaker, noted that federal agencies don’t currently have...

BIDEN SAYS (AGAIN) U.S. WILL DEFEND TAIWAN IF CHINA INVADES
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BIDEN SAYS (AGAIN) U.S. WILL DEFEND TAIWAN IF CHINA INVADES

President Biden said Thursday at a CNN town hall that the U.S. would defend Taiwan in the event of a Chinese attack on the island, which was seen as a clear departure from Washington’s position of “strategic ambiguity” when it comes to its military commitment to Taipei. An audience member asked Biden about China. The first part...

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TIGRAY HUMANITARIAN FLIGHT WORSENS. BUT IT’S NOT “NEWS”

Ethiopia, which has already been accused of blocking aid from reaching starving Tigrayans, (See “ETHIOPIA CIVIL WAR = MASS MURDER, MASS STARVATION”) again managed to stop U.N. humanitarian aid by launching missiles at a plane delivering food and medical supplies in Mekelle—the region’s capital. The fighting in northern Ethiopia has intensified over the past two...

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TERROR STRIKES SYRIA: ALL OUT WAR COMING?

The Syrian government called the bombing of a military bus that killed 14 in the heart of Damascus a “terrorist bombing,” but no organization claimed responsibility for the attack. The New York Times reported that the bus bombing—inside the capital—could be a clear sign to President Bashar al-Assad that he is not insulated from these kinds...