On 25 October, the Central Bank of Nigeria issued the eNaira, Africa’s first digital currency. The continent’s most populous country has now joined six Caribbean nations that previously have welcomed electronic currencies. In the currency’s first 10 days in circulation, more than 400,000 people created digital wallets to accept the eNaira, the bank reported. The...
Tag: nov 16 2021
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NFTs COULD BE “BIGGER THAN CRYPTO,” COINBASE CEO SAYS
The market for non-fungible tokens (NFTs) could eclipse that for cryptocurrencies, Brian Armstrong, co-founder of crypto exchange Coinbase Global, said in a conference call last week. A non-fungible token is a unique collectible traded and stored on the web, the digital equivalent of a painting, celebrity’s autograph, or baseball card. Coinbase will launch its own...
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BELARUS VS. EU: AND THE WINNER IS?
Poland and Brussels, as of late, seem to make strange bedfellows. The European Union has been fierce in its criticism of a recent court ruling in Warsaw that Brussels claims run counter to its standards for nations. The disagreement grew to the point where there were rumors that Poland could plan to leave the union....
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BLINKEN BELLOWS: U.S. COMMITTED TO UKRAINE’S SOVEREIGNTY IS ‘IRONCLAD’
U.S. Secretary of State Antony Blinken promised his Ukrainian counterpart that America’s support for Kyiv is “ironclad” amid new tensions with Russia, saying the “international community will see through any Russian effort to resort to its previous tactics.” The Trends Journal has covered the tension in the region extensively. (See “U.S. VOWS UKRAINE SUPPORT,” “PUTIN...
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CHILEAN PRESIDENT IMPEACHED: ANOTHER BILLIONAIRE DIRTY DEALER?
Sebastián Piñera, the billionaire president of Chile, was impeached last Tuesday by the lower house of Chile’s congress over allegations that his family benefited financially from a mining deal made possible by his government’s intervention. The Pandora Papers were released in October and contained leaked documents showing that Piñera used offshore companies in the British...
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NICARAGUAN PRESIDENTIAL ELECTION: THE NEW SOUTH AMERICA?
To the disdain of Washington—which has a century’s long track record of stealing land, launching overthrows, assassinations, occupations across South and Latin America—Nicaraguans earlier this month voted overwhelmingly to keep Daniel Ortega as President. Now in his fourth term, there are reports by “outside observers” that the election was marred by political arrests, intimidation, and...
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‘HISTORICAL RESOLUTION’: CHINA’S XI IN FULL CHARGE
The Chinese Communist Party on Thursday passed a resolution that essentially puts President Xi Jinping in the same category as Deng Xiaoping and Mao Zedong, while cementing his power in the country. Qu Qingshan, a senior party official, told a press conference on Friday that the resolution will help the CCP “to achieve future progress”...
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COMEDY CRAP: AUSSIES WILL UNITE WITH U.S. TO DEFEND TAIWAN AGAINST CHINA
Australia seems to have learned from the U.S. how to leave just enough wiggle room in statements about defense for them not to mean anything. Peter Dutton, Canberra’s defense minister, said in a recent interview that his country will stand with the U.S. to defend Taiwan if Beijing attacked. “It would be inconceivable that we...
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LUNACY CONTINUES: OCEANS AWASH IN PLASTIC DEBRIS
Some months ago (on 10 June), The Guardian reported that, of all the various forms of rubbish polluting our oceans, just ten types of plastic items account for 75 percent of ocean-borne trash. The top four of those items are all associated with food and drink; plastic bottles, single-use bags, food containers and wrappers—many that...
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BANKSTER BANDITS: CRIME SYNDICATE COVER UP
Trends Journal has written before about the Bankster Bandits at the Federal Reserve, and their apparent flouting of their own bank’s ethical guidelines and of ethics in general, particularly with regard to insider trading and cronyism with the very institutions they are supposed to regulate; see, for example, “BANKSTER BANDITS GET RICHER PLAYING THE INSIDE...