Retail broker Robinhood cutting workforce by 23%

Retail broker Robinhood cutting workforce by 23%

Retail broker Robinhood CEO Vlad Tenev said Tuesday in a press release that the broker fintech company will reduce its workforce by approximately 23%. The layoffs will be primarily in operations, marketing and program management. In the release, Tenev blamed “deterioration of...
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Von Greyerz: Some numbers about the massive money creation

Von Greyerz: Some numbers about the massive money creation

The massive money creation by central and commercial banks in this century has resulted in a growth of global assets from $450 trillion in 2000 to $1,540 trillion in 2020. Debt To GDP Growth As the chart below shows US...
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FTX gains option to buy BlockFi for up to $240mln

FTX gains option to buy BlockFi for up to $240mln

Cryptoexchange FTX has also agreed to provide BlockFi with a $400 million revolving credit facility, Prince said in a tweet. He added that BlockFi has faced a jump in withdrawals after news of crypto lending platform Celsius Network’s freeze. Sam...
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ECB Will Buy Italian, Greek Bonds Using Proceeds From German, French Bonds To Avoid Crash

ECB Will Buy Italian, Greek Bonds Using Proceeds From German, French Bonds To Avoid Crash

Not that long ago analysts and media joked that the ECB’s cunning “market fragmentation” plan – which became critical after Italian bonds crashed when markets realized that QT is not, in fact, QE and without the ECB backstopping worthle...
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Russia Will Pay Its Foreign Debts in Rubles

Russia Will Pay Its Foreign Debts in Rubles

On June 23, Russian President Vladimir Putin signed a decree on the payment of foreign currency debt in rubles. Roughly speaking, transactions will be made through a ruble account at the domestic market rate. Payment of such debt on the...
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Siemens confirms it failed to return turbines to Gazprom

Siemens confirms it failed to return turbines to Gazprom

Russian gas supplies to Germany had to be reduced as a result. German conglomerate Siemens has confirmed that Ukraine-related sanctions imposed on Russia have made it impossible for the equipment supplier to return gas turbines to Gazprom after they were...
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Decelarated Money Supply Growth In 2022 = Recession

Decelarated Money Supply Growth In 2022 = Recession

Money supply growth fell slightly in April, falling below March’s eight-month high. Even with March’s bump in growth, though, money supply growth remains far below the unprecedented highs experienced during much of the past two years. During the th...
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Celsius Pauses All Withdrawals

Celsius Pauses All Withdrawals

Why do people trust the Khazars so much? Celsius wrote this in a “Memo to the Celsius Community”: Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this...
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BIS Calls For Centralization Of Crypto

BIS Calls For Centralization Of Crypto

While citing multiple problems with the decentralization model for cryptocurrencies (some of them valid and some of them not), the Bank for International Settlements has concluded in a report released this week that crypto ‘can’t fulfill the role o...
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General Mills divests from West Bank

General Mills divests from West Bank

Food giant General Mills has sold its bread products division in a move activists hail as a success, but Israel dismisses as a business decision. General Mills has announced the sale of its stake in an Israeli joint venture based...
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Saudi Arabia reportedly pressured to pump more oil

Saudi Arabia reportedly pressured to pump more oil

Saudi Arabia may agree to boost oil production to cool skyrocketing prices if Russia’s output falls significantly under the new EU sanctions, the Financial Times reported on Thursday. The Kingdom, the world’s largest oil producer, has repeatedly rejected d...
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Russia Actively Discussing Allowing Crypto For International Payments

Russia Actively Discussing Allowing Crypto For International Payments

In late March, the chairman of Russia’s Congressional energy committee, Pavel Zavalny, said in a press conference that Russia was open to accepting bitcoin for its natural resources exports. “When it comes to our ‘friendly’ countries, like China or...
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CNN: New evidence suggests Shireen Abu Akleh was killed in targeted attack by Israeli forces

CNN: New evidence suggests Shireen Abu Akleh was killed in targeted attack by Israeli forces

After this once-famous TV channel lost 80% of viewers, thanks to many years of Zionist lying and NeoCon propaganda, now CNN journalists and managers have taken the first step to make amends – they have begun to do their job....
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Ukraine pledges to enter Crimea ‘by end of year’

Ukraine pledges to enter Crimea ‘by end of year’

The turnaround in the conflict with Russia is going to happen in August, the head of Ukrainian military intelligence claims. The Ukrainian military will turn the tide in the conflict with Russia and enter Crimea by the end of the...
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Biden’s response to the killing of Semitic Palestinian-American journalist encourages more of the same

Biden’s response to the killing of Semitic Palestinian-American journalist encourages more of the same

Israel isn’t known for unbiased investigations of its own soldiers’ actions. Semitic Palestinian-American journalist Shireen Abu Akleh’s death should have marked a turning point for the United States government’s approach to the protection of journalis...
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