It’s amazing how a Senator with a zero batting average for getting legislation passed, gets handed a splashy crypto exploit to bolster her latest anti-crypto gambit.
Category: 19 December 2023
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ECONOMIC UPDATE – MARKET OVERVIEW
Everything's coming up roses. In Japan, the world’s third-largest economy, its central bank said today that it will keep its cheap money scheme going (i.e. quantitative easing) and its negative 0.1 interest rates to juice up its economy which contracted at an annualized 2.9 percent rate in the last quarter.
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2024: EXPECT CENTRAL BANKS TO BUY IT ALL
Here we are now at the end of 2023, with a world economy coming apart faster than any other time in history and a middle class which is rapidly being erased.
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IRAN WARNS OF POTENTIAL FOR ‘BIG EXPLOSION’ IN REGION
Hossein Amirabdollahian, the top Iranian diplomat, warned last week that the Middle East is a tinderbox and can experience a “big explosion in the region, one not controllable by any party.”
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PUTIN SAYS GOALS IN UKRAINE HAVE NOT CHANGED: DENAZIFICATION, DEMILITARIZATION, NEUTRAL STATUS
Russian President Vladimir Putin held a four-hour press conference last week where he spoke about several issues, including the Ukraine War, and said his forces remain in the driver’s seat.
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OPENAI FINALLY BEGINS PAYING FOR IP—BUT IT’S ONLY A DROP IN AN OCEAN OF PROBLEMS
This past week Microsoft partner OpenAI, parent company of the ChatGPT generative AI platform, agreed to pay Politico for news content to train its AI.
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GAZA IS STARVING: OVERWHELMING MAJORITY DO NOT HAVE ENOUGH FOOD, WATER
Israel’s brutal blockade in Gaza since the 7 October Hamas attack has been effective in choking off Palestinians from food and water—pushing many of the 2.2 million in the coastal enclave on the brink of starvation.
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PUTIN READY FOR LONG HAUL IN UKRAINE WAR
Russian President Vladimir Putin indicated during a year-end press conference last week that he is prepared to fight in Ukraine for the long haul.
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HAMAS HIDING IN GRAVES? ISRAELI FORCES RAZE CEMETERIES IN GAZA
Satellite and video images show Israeli forces targeted cemeteries in northern Gaza in recent weeks—in Israel’s latest attempt to punish the civilian population over the 7 October Hamas attack.
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HOUTHIS TARGET COMMERCIAL SHIPS IN RED SEA AS TENSIONS IN REGION RISE
Shipping companies have announced that they will suspend shipping activities in the Red Sea amid attacks by Yemeni Houthis who are opposed to Israel’s genocide in Gaza.