Monthly Archives: August 2022

Runaway inflation in the euro zone, which began in mid-2021, sets a new record and even wakes up the ridiculously reckless ECB

“Temporary” inflation is suddenly runaway inflation. But the idiocy of negative interest rates and QE is finally over. By Wolf Richter for WOLF STREET. Eurozone inflation jumped to 9.1% in August, a new record high in eurozone data dating back to 1997, according to preliminary data released today by Eurostat. …

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“Countering” China Would Set the Stage for Global Depression – Analysis – Eurasia Review

In its pursuit of unipolar primacy, the Biden administration is jeopardizing the economic stability of China, the West, emerging Asia, and the future of the Global South. Before the global pandemic, the International Monetary Fund (IMF) announced that China had replaced the United States as the engine of the world …

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C2G Cable and Connectivity Options Now Available in Chief’s New Web-Based Video Wall Configuration Tool

C2G helps mitigate pain points in video wall design and configuration. The company’s range of IEC to NEMA, HDMI and network solutions are now part of Chief’s new video wall configuration tool for TiLED™ direct view LED mounting systems. The TiLED web tool is designed to help visualize and customize …

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KLEX Protocol launches ‘vampire attack’ on KLAYswap to attract cash

Klaytn’s blockchain network’s newest decentralized finance (DeFi) initiative, the KLEX protocol, has launched a vampire attack to lure deposits from competing DeFi protocol KLAYswap. According to an official tweet, KLEX launched the vampire attack on August 29, allocating $600,000 KLAY tokens and 15 million KLEX tokens as incentives to lure …

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Free markets are a fiction

Mainstream economists in Pakistan seem to have fallen into the trap of fetishizing the “free” market, a natural consequence of the imperial enterprises of international financial institutions and multilateral donor agencies over decades. This has had the effect of hampering any nuanced, substantive, and productive conversation about public policy that …

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Branding the Future: Advertising, Metaverse and NFT Law – Part 1

In his 1992 sci-fi thriller Snowfall, author Neal Stephenson allowed his characters to escape dystopian Los Angeles into a completely virtual realm he called the Metaverse. Thirty years later, in the age of the Internet, apps and social networks, the fantasy has come true. Companies are introducing new technologies such …

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It’s possible to charge an EV in 10 minutes, but EV adoption depends on more such options

The demand for the purchase of an electric car is increasing. While this is an essential requirement in the fight against the climate crisis, the sector faces some difficulties in convincing skeptics that the transition to a sustainable mode of transport will be worth it. The main problem is charging: …

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Powell’s ‘totality of data’ prolongs bond market’s state of limbo for at least another week

Judgment day for the US bond market has been postponed for at least a week. While Federal Reserve Chairman Jerome Powell’s speech at the central bank’s annual meeting in Jackson Hole on Friday was unequivocally hawkish, the market remains nearly evenly divided on the outcome of next month’s policy meeting. …

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Damien Grant: Kiwibank did not keep its promises

Damien Grant is an Auckland business owner and regular opinion contributor for Stuff, writing from a libertarian perspective. OPINION: Like many big leaps forward, Kiwibank failed to deliver on its promises. Jim Anderton, the godfather of this badly started adventure, was full of optimism in the face of this new …

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NOTICE | EU rules on SA citrus are punitive and unfair, with only a brief reprieve

The EU accounted for 41% of Southern African citrus exports by value in 2021, and in the same year citrus locally accounted for a quarter of South Africa’s total agricultural exports. The new regulations are devastating, write the authors. In mid-July 2022, the European Union imposed new restrictions on South …

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Second part of the pre-match press conference Erik ten Hag v Southampton Transcript 26 August 2022

Can I just ask what was your reasoning behind choosing [Raphael] Varane Monday, which is excellent of course? We know he’s a great player from what he’s done in the past but you didn’t choose him to start the season and if it was also a difficult situation when you …

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Man Utd chief lures Ten Hag on Victor Osimhen chance, with agent leading £100m swap deal

Manchester United could still swap Cristiano Ronaldo for a young goalscoring star, with Chelsea close to a midfield signing – both in all the latest Euro Paper Talks. RONALDO, OSIMHEN TRADE TO MAN UTD Manchester United could swap Cristiano Ronaldo for Napoli striker Victor Osimhen in a complex but successful …

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Pfizer’s COVID pill showed no benefit in young adults – NBC Chicago

Pfizer’s COVID-19 pill appears to provide little or no benefit to young adults, while reducing the risk of hospitalization and death in high-risk older adults, according to a large study released Wednesday. The results of an Israeli study of 109,000 patients are likely to renew questions about the US government’s …

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What happened on Wednesday | interest.co.nz

Here are the key things you need to know before you leave work today (or if you’re already working from home, before shutting down your laptop). MORTGAGE RATE CHANGESSBS Bank raised its floating mortgage rate by +50 basis points to 6.79%, with the change for existing customers taking effect on …

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Micron Stock: Long-Term Outlook Remains Strong and Expected to Improve (NASDAQ:MU)

PonyWang Micron Technology, Inc. (NASDAQ: MU) is a leading manufacturer of memory and storage chips based in the United States After going through several decades of competition and economic cycles, MU becomes a national name representing the American semiconductor industry to testify before the Congress on chip manufacturing with Intel. …

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Florida Becomes Latest State to Propose Anti-ESG Legislation | Saul Ewing Arnstein & Lehr LLP

What do you want to know The Governor of Florida announced a bill that would prevent public fund managers from considering ESG factors when investing public money and prohibit discriminatory practices by financial institutions based on ESG score metrics. ESG social credit. Florida joins a growing list of mostly conservative …

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7-Eleven expands its pizza menu with two new varieties: breakfast and vegetarian

Satisfy all morning cravings with a limited-time offer of coffee slices and breakfast IRVING, TX, August 222022 /PRNewswire/ — Calling all pizza lovers! 7-Eleven, Inc. invites customers to “cheese of the day”. Here’s the kneading for the details (okay, that’s pretty cheesy – for now): The world’s largest convenience retailer …

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Global rates continue to climb

Global bond yields continued their recent rebound on Friday night, with the US 10-year yield narrowing to 3% for the first time in a month. Continued hawkish rhetoric from Fed officials appears to be preparing the market for a hawkish message from Chairman Powell in Jackson Hole on Friday night. …

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nifty: Nifty fairly valued at 17,000-18,000; close to Rs 1,000 EPS likely in FY24: Pankaj Murarka

“Our approach to the portfolio right now is very pro-cyclical because we believe there is a cyclical recovery in the domestic economy. We like autos because autos are coming out of a tight supply environment in the over the past two years,” says Pankaj MurarkaCIO, Renaissance Investment Managers. After rebounding …

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Ola said to pay ₹95,000 compensation to customer who was wrongly charged

Hyderabad Consumer Court ordered Ola Cabs to pay compensation of ₹95,000 to a customer who was overcharged for an incomplete trip. Claimant Jabez Samuel approached Hyderabad- III District Consumer Dispute Settlement Commission to seek compensation from Ola Cabs in Hyderabad after being forced to pay ₹861 for the ride in …

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FDA clears Novavax Covid-19 vaccine for emergency use in 12-17 year olds

In this age group, “overall, the clinical efficacy of the vaccine is around 80%,” said Silvia Taylor, senior vice president of corporate affairs for Novavax. The vaccine has shown an overall efficacy of 90% in adults. Novavax announced in early July that its vaccine showed a “broad” immune response to …

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Dollar strength across the board and notable weakness in the Euro and British Pound

The key market move overnight was USD strength for no apparent reason, with EUR and GBP noticeable weakness despite a backdrop of slightly higher European yields and slightly lower US yields. US data was mixed, as a number of Fed speakers came out in force to reiterate the view that …

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18 AG states join Missouri survey of ESG rating firm Morningstar and its subsidiary Sustainalytics

JEFFERSON CITY, Missouri – Today, Missouri Attorney General Eric Schmitt announced that 18 other state attorneys general have joined Missouri’s investigation into the investment rating company ESG (Environmental, Social, Governance ) Morningstar Inc. and its subsidiary Sustainalytics for alleged consumer fraud or unfair trade. practices, the first survey of its …

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Stock futures fall as Wall Street rally looks to pause after Dow’s 5-day winning streak

Stock futures fell on Wednesday as a rally that has propelled stock prices higher since mid-June looked set for a respite. Futures contracts linked to the Dow Jones Industrial Average fell 186 points, or 0.55%. S&P 500 and Nasdaq 100 futures fell 0.76% and 0.87% respectively. The Dow notched its …

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Letters: beware of profits when you are offered a fixed-term energy contract

VARIOUS expert observers of the ongoing energy crisis have urged consumers to enter into fixed-term agreements with suppliers in order to weather price spikes. I am a long term customer of Scottish Power and have a good financial standing with the company. Last week I had the chance to speak …

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Antitrust regulator will prioritize reparations for damages caused to victims of unfair commercial acts

SEJONG, Aug. 16 (Yonhap) — South Korea’s antitrust regulator said Tuesday it plans to focus on how to quickly remedy damages to victims of unfair business conduct, rather than punishing companies, to revise its enforcement procedures. The Fair Trade Commission (FTC) also said in a policy briefing to Chairman Yoon …

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Cargo movement increases on waterways

The movement of goods through the waterways between Bangladesh and India has reached a new high in the fiscal year 2021-22 as local entrepreneurs, especially cement workers, have found the waterways convenient to bring in their materials. raw materials, mainly fly ash, from the neighboring country. In FY 2021-22, ships …

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Our struggling economy needs another dose of Thatcher’s shock treatment

Yet the problem of poor private sector performance goes deeper. What’s at the root? All the usual suspects will be rushing to blame Brexit. But that’s really not going to wash away, not least because the fundamental problem predates our exit from the EU. A better candidate is the progressive …

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Why is the Reserve Bank of Australia exploring digital currency options? | Australian economy

Last week, the Reserve Bank of Australia announced a one-year research project with the Digital Finance Cooperative Research Center to explore “use cases” for a central bank digital currency (CBDC). Here’s what happens. What is a CBDC and how is it different from cryptocurrency? Banknotes are a physical form of …

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Drayton Catfish Tournament, Fosston-Lengby Snowmobile Club Swap Meet, Coming to Away Schedule – Grand Forks Herald

To obtain an event in the Outdoors calendar, contact Brad Dokken at (701) 780-1148, (800) 477-6572 ext. 1148 or by email at [email protected] . The deadline is 5 p.m. on Wednesday. August 13-14: Fertile Conservation Club Bowhunter 3-D Shoot, 8 a.m.-4 p.m. both days, Agassiz Environmental Learning Center, 400 Summit …

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Twitter agrees to pay $150 million to settle lawsuit for misuse of data resulting from ‘unfair or deceptive acts or practices’ | Console and Associates, PC

Earlier this month, social media giant Twitter agreed to pay $150 million to settle a case the federal government has brought against the company. This marks a relatively quick resolution to the Federal Trade Commission lawsuit filed against Twitter on May 25, 2022 alleging the company engaged in unfair or …

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Energy prices POLL: Should the price cap be removed? | United Kingdom | New

According to the most pessimistic forecasts, energy bills are expected to exceed £5,000 a year next year. Experts from Auxilione, an energy consultancy, have warned that regulator Ofgem could set the cap at £5,038 a year from April 2023. They also predict the cap could rise to around £4,400 from …

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Facebook had no choice but to provide data in Nebraska abortion case

Placeholder while loading article actions Facebook came under political scrutiny this week after it was revealed the company passed private messages between a young woman and her mother to Nebraska authorities investigating the death and disposal of a fetus. The #DeleteFacebook hashtag was trending on Twitter as activists denounced the …

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NZD outperforms, up to two-month high

The most notable feature of the overnight market moves was a sharp rise in long-term rates and an aggressive steepening of the US curve. The US 10-year yield is 10bps higher overnight, at 2.88%, with similar sized moves seen in other markets. In contrast, US equities and the dollar largely …

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Charting a path to protect consumers at drugstore counters – InsideSources

There’s an Inspector Clouseau quality to the way policymakers in Washington are responding to the challenge of high prescription drug prices. For years, elected officials have demanded that action be taken to bring down pharmaceutical costs. And yet, despite having before them the evidence of the parties who bear considerable …

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GLOBAL HERITAGE INC. Management report and analysis of the financial situation and operating results. (Form 10-Q)

The following discussion and analysis should be read in conjunction with the information contained in the unaudited condensed consolidated interim financial statements of Heritage Global Inc. (together with its consolidated subsidiaries, "we", "us", "our" or the "Company") and the related notes thereto for the three and six month periods ended …

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Dow futures rise 400 points after softer-than-expected inflation report

The CPI is stable for the month and stocks appreciate it Stock futures rose and bond yields fell after the highly anticipated consumer price report for July came in much better than expected. Prices rose 8.5% in July on an annual basis, a pace that is slowing compared to June. …

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FTX brings crypto exchanges to Reddit

Users can move Community Points from Reddit to Ethereum wallets built by Arbitrum and pay gas fees with FTX Pay R/cryptocurrency forum members earned up to $340 in Community Points tokens for posting to the subreddit last month In the latest example of FTX going on a massive buying spree …

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Juniper Networks: A Must-See Dividend Growth Stock (NYSE:JNPR)

Daniel Grizel Some industries have oligopolies, like UPS (UPS) and FedEx (FDX), in which both companies are formidable players with a large market share. There are other industries that are led by a dominant firm followed by a “second banana” somehow. This was the case for many years with Intel …

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International Trade Commission cracks down on e-commerce counterfeits

With the rise and dominance of e-commerce and internet marketplaces as a sales channel, many US manufacturers face increasing competition from importing counterfeit and cheaper products online. Internet marketplaces have dramatically lowered the barriers to entry for counterfeit products and can quickly lead to lost sales for legitimate manufacturers. Many …

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Food Services Announces Changes to Goldstein’s Dining Hours

Beginning August 27, Food Services will implement an adjusted menu and new hours of service at its Goldstein Dining location, in an effort to streamline service to meet the needs of South Campus students. “Over the past year, we’ve been studying the daily traffic flow in the food court,” says …

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Podcast: Henrard on remaining challenges for Libor transition

As Libor benchmarks are replaced by compound overnight rates, the pricing and risk management of old contracts can become increasingly difficult. As Marc Henrard, managing partner at MurisQ Advisory, puts it, old vanilla swaptions have now become exotics, thanks to a fallback approach that introduces new layers of complexity into …

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Do you have $10,000? Top 2 stocks you should invest in

Image source: Getty Images Money is tight right now. Inflation is compressing the average household and the savings rate has fallen. In this environment, if you have some spare cash, you are one of the lucky ones. To further increase your luck, here are the top two stocks you should …

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The giants’ attempt to build on 2021 fails, but not for lack of ambition

Here, take that ladder, San Francisco Giants fans. It will help you look over that huge wall between your team and the playoffs. You might also need a high-powered telescope. A distinct possibility during the All-Star break, “Giants in October” suddenly carries the unsettling vacancy of a chimera. Team president …

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Refocused History – CNN

On April 11, 1865, President Abraham Lincoln delivered what would be his last speech from a White House window to the crowd below. They had gathered there awaiting a celebratory speech at the surrender of Confederate General Robert E. Lee to Ulysses S. Grant two days earlier. But that night …

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China has lent $21.9 billion in short-term loans to Pakistan since 2018: Report | world news

China has provided nearly $26 billion in short- and medium-term loans to Pakistan and Sri Lanka over the past five years as its overseas lending shifts from infrastructure financing to emergency aid . Data showing the shift of China’s $900 billion Belt and Road Initiative into loans to ease foreign …

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Reps. Kind, Gallagher, and Beyer: Introduce the Bicameral Trade Authority Act of Congress

washington d.c. – Today, Representative Ron Kind (D-WI), Mike Gallagher (R-WI)and Don Beyer (D-VA) introduced the Bicameral Congressional Trade Authority Act. This bipartisan legislation would require the president to submit to Congress any proposal to adjust imports in the interest of national security under Section 232 of the Trade Expansion …

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Tuchel reacts to new Azpilicueta contract and provides update on transfer activity | News | Official site

Chelsea boss Thomas Tuchel admits he’s delighted to have secured club captain Cesar Azpilicueta for two more years, while our head coach has also updated on any impending transfer activity. After signing a deal that keeps him at the club until …

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A Durbin amendment for credit cards will reduce their ubiquity and do nothing to reduce inflation

One of the ways the Biden administration and the Democratic Congress have tried to deflect opprobrium for about last year’s spike in inflation has been to blame intermediaries — those entities that facilitate transactions between buyers and sellers. – for having contributed to the price increase. without providing anything of …

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‘Hundreds of complaints’: Indian edtech startups fail to regulate themselves

Ankit Brodiya, a 24-year-old technician from New Delhi, enrolled his brother and nephew in an engineering preparation course on Byju’s, paying a registration fee of 15,000 rupees (about $189) on June 8 after having been sued by telesales executives from the world’s largest edtech company for months. “I wasn’t convinced, …

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Rent prices are skyrocketing in these 5 metros. What you need to know before moving

Los Angeles Ron_Thomas | Getty Images As rising interest rates and soaring home values ​​prevent more families from buying a home, rental demand has soared, with rental prices highest in the sunniest states. Rent prices for single-family homes have ballooned in the first half of 2022, reaching a national average …

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The A’s add more major league ready weapons in Montas Swap

© Kim Klement-USA TODAY Sports Oakland clawed back a major comeback in trade that sent the powerful combination of Frankie Montas and Lou Trivino to the Yankees on Monday afternoon. The deal is headlined by two of the top 100 prospects, left-hander Ken Waldichuk and right-hander Luis Medina, and is …

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Deshaun Watson suspended six games: NFL issues ruling on Browns QB on personal conduct policy

Months after trading six draft picks and committing a fully guaranteed $230 million to land Deshaun Watson from the Texans, the Browns have lost their star quarterback for the first six games of the 2022 season, CBS Sports NFL Insider Josina Anderson reports. Former federal judge Sue L. Robinson decided …

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