ECONOMY AND FINANCE

The mini crypto war inside the real war: Cryptocurrency companies freeze Hamas-related accounts

It’s a move that makes sense but it couldn’t have taken place if terrorists had been making transactions in cash… So much for the argument against cryptos that “they help…

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It’s official: Big pharmacy chain files for bankruptcy

Despite major restructuring efforts, Rite Aid was forced to press the button. On Sunday, October 15th, Rite Aid, a prominent U.S. pharmacy chain, declared bankruptcy and secured $3.45 billion in…

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UAW strike continues: Trump’s message to workers

Trump is still endorsing one of the biggest strikes in the history of USA, urges workers to keep on pressing for the repeal of Biden’s law on electric vehicles (EVs).…

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Jamie Dimon Warns of Global Risks

“JP Morgan CEO Jamie Dimon warns of global risks due to geopolitical tensions and conflicts.” JP Morgan Chase’s CEO, Jamie Dimon, has issued a stark warning, calling the current global…

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UAW increases pressure: workers walk out of biggest Ford plant

Historic strike escalates as negotiations keep failing. Last night, on Wednesday, October 11th, the United Auto Workers (UAW) union expanded its strike in a last-minute move. Leaders of the union…

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New interest rate raise ahead before the end of the year

“Strong economy”, aka inflation and new jobs based on gig economy and “pump-and-dump” tactics, pushes FED to that direction. In the wake of a recent report revealing robust job growth…

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Cryptos cut both ways: Estonian firms evade EU sanctions on Russia (Vsquare report)

Global economy is a mixture of crude state intervention and sophisticated market manipulation. Evading both, no matter the purpose, is the ultimate crime now. According to the independend journalist group…

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A night reminder for Democrats: open borders and welfare state don’t mix! (video)

If welfare contributors are fewer than welfare recipients, the whole system is delegitimized and collapses. It’s that simple. Watch this video if you want the long version:

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Why Texas is becoming America’s most powerful state (video)

Texas has a wide productive base and a people that combines localism, innovative spirit, and hard-working ethos. Dear residents of coastal states, don’t feel sorry because Texans certainly don’t! Watch…

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Crypto wars: Coinbase is trying to come back full force, SEC retaliates

The Securities and Exchange Commission (SEC) still treats cryptos as securities. This week, the conflict between Coinbase and the U.S. Securities and Exchange Commission (SEC) is escalating as the SEC…

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