Economics And Finance

Former World Bank Chief Didn’t Act On Warnings Of Sexual Harassment

Kristalina Georgieva, now head of the IMF, said she couldn’t take action against Rodrigo Chaves, now a leading presidential candidate in Costa Rica, without evidence. Former World Bank Chief Didn’t Act On Warnings Of Sexual Harassment Former World Bank chief Kristalina Georgieva knew about a top official’s sexual misconduct but…

Ultimate Resource Covering The Crisis Taking Place In The Nickel Market

Nickel Spikes 60%: Here’s Why That Matters And Who Will Be Hit. Ultimate Resource Covering The Crisis Taking Place In The Nickel Market * Metal’s Use In EV Batteries Has Caught The Market’s Attention * Carmakers Like Tesla See Higher Costs As Nickel Prices Soar The price of nickel spiked…

Ultimate Source For Bitcoin Price Manipulation By Wall Street

“I Would Be Shocked If Bitcoin Prices Weren’t Manipulated.” Ultimate Source For Bitcoin Price Manipulation By Wall Street According to Peter Tchir, there is an ongoing manipulation of bitcoin price. What the macro and fixed income expert isn’t sure of is whether such price manipulations are against the law. The…

Russia, Sri Lanka And Lebanon’s Defaults Could Be The First Of Many (#GotBitcoin)

Soaring commodity prices and higher interest rates imperil the finances of many poor countries. Russia, Sri Lanka And Lebanon’s Defaults Could Be The First Of Many (#GotBitcoin) The Economic fallout from Russia’s invasion of Ukraine now includes a sovereign default. On April 12th Sri Lanka said that it would suspend…

Belgium Arrests EU Lawmaker, Four Others In Corruption Probe Linked To European Parliament (#GotBitcoin)

Investigators suspect a Gulf state sought to influence decisions through payments and gifts. Belgium Arrests EU Lawmaker, Four Others In Corruption Probe Linked To European Parliament (#GotBitcoin) BRUSSELS—Belgian police detained for questioning a senior European Parliament lawmaker and four other people on Friday in connection with an alleged influence campaign…

Citigroup Trader Is Scapegoat For Flash Crash In European Stocks (#GotBitcoin)

Citigroup Inc.’s London trading desk was behind a flash crash that sent shares across Europe tumbling, dealing a fresh setback to the bank’s yearslong efforts to improve controls. Citigroup Trader Is Scapegoat For Flash Crash In European Stocks (#GotBitcoin) * Citi’s “Erroneous Transaction” Likely Reason For Steep Drop * Nasdaq…

80% of Americans Say The Country Is Spiraling Out Of Control, Poll Finds (#GotBitcoin?)

Americans Are More Troubled by Police Actions in Killing of George Floyd Than by Violence at Protests. 80% of Americans Say The Country Is Spiraling Out Of Control, Poll Finds (#GotBitcoin?) Americans by a 2-to-1 margin are more troubled by the actions of police in the killing of George Floyd…

Stock Market ‘Not A Reflection Of The Strength Of The Economy,’ Says NYSE Pres. (#GotBitcoin?)

Trump’s People Aren’t The Sharpest Knives.... The Stock Market 'Not A Reflection Of The Strength Of The Economy,' New York Stock Exchange President Stacey Cunningham Says. Stock Market 'Not A Reflection Of The Strength Of The Economy,' Says NYSE Pres. (#GotBitcoin?) By-the-way, while the jobless rate for white Americans is…

White House Refuses To Issue Economic Projections This Summer, Official Says (#GotBitcoin?)

Projections wouldn’t provide a ‘meaningful snapshot’ of economy because of uncertainty caused by Trumponomics White House Refuses To Issue Economic Projections This Summer, Official Says (#GotBitcoin?) The White House won’t issue updated economic projections this summer because of uncertainty, according to a senior administration official. The official said the coronavirus…

Japan Bank’s Foray Into Risky U.S. Debt (CLOs) Leaves $3.7 Billion Loss (#GotBitcoin?)

Norinchukin, which serves Japanese farmers and fishermen, was the biggest buyer of debt used to fund private-equity buyouts. Japan Bank’s Foray Into Risky U.S. Debt (CLOs) Leaves $3.7 Billion Loss (#GotBitcoin?) The Japanese bank that was the biggest buyer of debt used to fund private-equity buyouts suffered a ¥400 billion…

Goldman Sach’s Call On Crisis, Bitcoin, And Inflation

Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation. Goldman Sachs Hosts Conference Call On Crisis, Bitcoin, And Inflation Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies…

Millions of Americans Skip Credit-Card And Car Payments (#GotBitcoins?)

About 15 million credit-card accounts and 3 million auto loans didn’t get paid in April as the coronavirus ravaged the economy, data show. Millions of Americans Skip Credit-Card And Car Payments (#GotBitcoins?) Millions of people are behind on their credit-card and auto-loan payments, the latest sign of the coronavirus pandemic’s…