Tesla CEO Elon Musk has threatened to give the US investment banking giant JPMorgan Chase a bad review on the Yelp platform unless the bank withdraws its $162 million lawsuit against him. Read Full Article at RT.com
Trump praises himself after Biden taps oil reserves
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Former US President Donald Trump slammed Joe Biden’s move to release 50 million barrels of oil from the US strategic reserves, calling it an “attack” on the reserves and claiming credit for filling them up earlier. Read Full Article at RT.com
Trump praises himself for making oil reserves ready for tapping
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Former US President Donald Trump slammed Joe Biden’s move to release 50 million barrels of oil from the US strategic reserves, calling it an “attack” on the reserves and claiming credit for filling them up earlier. Read Full Article at RT.com
Biden’s oil gamble: How US tapping its reserves will influence energy crisis
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Washington has announced plans to release crude reserves from the nation’s stockpile as part of what it calls a global effort by energy-consuming nations to calm the rapid rise in fuel prices. Read Full Article at RT.com
China tech regulation spells end of Alibaba dominance
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Tech giant Alibaba’s stock continued to tumble on Tuesday, falling 18% this month and wiping out all of October’s gains on concerns over possible renewed regulation of online platforms in China. Read Full Article at RT.com
Get ready to pay more for goods as container shipping costs skyrocket
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Large-scale global supply chain issues during the Covid pandemic have been weighing on individual companies, becoming a major reason for their declining profit margins and rising prices for consumer goods. Read Full Article at RT.com
Restaurant chain invests all profits in bitcoin and makes a fortune
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A family-based restaurant chain in Canada has more than quadrupled its gains by investing all profits in bitcoin, which helped keep the firm afloat during the Covid-19 pandemic and allowed it to expand. Read Full Article at RT.com
IMF stresses crypto risks amid ‘Bitcoin City’ plans
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The International Monetary Fund has warned that bitcoin poses “significant risks” to consumers, citing El Salvador’s recent move to make the e-token legal tender as the country prepares to launch a crypto-funded “Bitcoin City.” Read Full Article at
US President Joe Biden has renominated Jerome Powell as chairman of the Federal Reserve for a second term. The move had been widely anticipated by market-watchers. Read Full Article at RT.com
Billionaire Elon Musk has tweeted that 50% of the messages he posts on Twitter are sent while sitting on the “porcelain throne.” Read Full Article at RT.com
El Salvador’s president, Nayib Bukele, announced plans to build a ‘Bitcoin City’ that will be funded initially by bitcoin-backed bonds, doubling down on his bet to harness the cryptocurrency to fuel investment in the country. Read Full Article at RT.com
US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
Tech giant insists its workers may now speak freely about pay, conditions
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US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
Amazon execs stuck in middle of marijuana smuggling case
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The executive directors of the US e-commerce giant Amazon have been charged in connection with the alleged use of the retail platform for smuggling marijuana in the South Asian market. Read Full Article at RT.com
As fleet of Russian tankers heads to US, Japan considers pitching in
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Japan is considering tapping into its national oil reserves, the country's PM has confirmed, after Washington reportedly urged top oil consumers to release their reserves to tackle high crude prices. Read Full Article at RT.com
RT’s Boom Bust looks at how US Fed is creating money especially for Biden’s spending bill
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The US House of Representatives has finally voted to pass President Joe Biden’s expansive $1.9 trillion social and climate spending bill. The central pillar of the president’s agenda must now go before the Senate. Read Full Article at RT.com
The gold jewelry market in the US has remained robust through 2021, despite a dramatic slump in consumer confidence recorded since April, according to London-based consultancy Metals Focus. Read Full Article at RT.com
What will robots do to your job? Boom Bust finds out
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US employers are in a tough spot as millions of Americans have left their jobs for a wide range of reasons, including better benefits or wages, forcing North American companies to raise orders for robots to record numbers. Read Full Article at RT.com
Russian fleet en route to US to help battle fuel crisis
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The US is reportedly getting ready to receive a bulk shipment of diesel from energy-rich Russia as Washington strives to cool down the fuel's retail price, which has recently hit its highest level since 2014. Read Full Article at RT.com
Hillary Clinton explains ‘destabilizing’ potential of crypto
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Cryptocurrencies have the potential to weaken and destabilize entire nations over time, says Hillary Clinton, former US secretary of state and Democrat presidential candidate. Read Full Article at RT.com
Biden’s push to tap oil reserves faces major hurdle
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India has reportedly rejected the latest call to release the strategic petroleum reserves made earlier this week by US President Joe Biden, who insists that the measure would temper rallying crude oil prices. Read Full Article at RT.com
Chinese EV with Tesla-beating stats ready to hit the road
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Chinese electric-car manufacturer Xpeng on Friday revealed its all-new flagship SUV that comes with an ultra-high-power charger. It is the automaker’s first model designed specifically for global distribution. Read Full Article at RT.com
UN names threat that may cause global spike in prices
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The recovery of the global economy is in jeopardy due to the surge in container shipping rates, which are likely to continue well into 2022, the UN’s trade and development agency, UNCTAD, said on Thursday. Read Full Article at RT.com
Max Keiser talks to Robert Breedlove, the founder and CEO of Parallax Digital, a services firm specializing in crypto asset investments and digital securities consulting. Read Full Article at RT.com
The world’s biggest internet search company on Wednesday inked a “pioneering” deal to pay Agence France-Presse (AFP) for its news content under a new French law. Read Full Article at RT.com
Seoul has signaled that it will not comply with US President Joe Biden’s request to help Washington stabilize rising oil prices by tapping into its own reserves. Biden is under pressure to release the US’ strategic supply. Read Full Article at RT.com
Iconic US sports arena to be renamed after crypto exchange
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A Singapore-based crypto exchange has scored one of the biggest naming rights deals in sports history with the Staples Center in Los Angeles. Read Full Article at RT.com
Boom Bust explores what’s next for gas market as Germany puts brakes on Russian pipeline
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European natural gas prices soared on Tuesday after Germany suspended certification of the Russian Nord Stream 2 pipeline, saying it can only certify companies organized in compliance with German law. Read Full Article at RT.com
Once crypto assets are regulated and approved and they can touch cash markets within crypto, it may explode within “24-36 months,” says David Mercer, the CEO of foreign exchange company LMAX group. Read Full Article at RT.com
Mining giant unveils what world would need to ‘go green’
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The transition of the global economy to carbon neutrality will multiply the need for metals used in the electric vehicle (EV) industry in the next 30 years, Australian mining giant BHP said on Wednesday. Read Full Article at RT.com
Metaverse could become a $50bn fashion & luxury market
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Demand for fashion and luxury brands could grow exponentially on sales in the alternate world of the metaverse, according to Morgan Stanley (MS), one of the world’s biggest investment banks. Read Full Article at RT.com
US asks China to jointly steady oil prices – report
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The Biden administration has proposed the US and China jointly release oil from the two countries’ strategic reserves to stabilize rising crude prices, Chinese media reports. Read Full Article at RT.com
The rapid growth of digital assets and their integration with traditional financial services could soon pose systemic risks, according to Bank of England (BoE) Deputy Governor Jon Cunliffe. Read Full Article at RT.com
The price of natural gas in Europe has surpassed $1000 per 1,000 cubic meters for the first time since October 27, trading data shows. Read Full Article at RT.com
Gas prices in Europe soar past $1000 on transit news
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The price of natural gas in Europe has surpassed $1000 per 1,000 cubic meters for the first time since October 27, trading data shows. Read Full Article at RT.com
Ohio Attorney General Dave Yost has filed a lawsuit against Facebook, recently renamed Meta, over its faulty algorithms and effects on children. Read Full Article at RT.com
First country agrees to set up embassy in METAVERSE
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The tiny Caribbean island of Barbados has extended its diplomatic outreach to the virtual world, having signed an agreement with a blockchain-based platform to establish a digital embassy in a first for sovereign nations. Read Full Article at RT.com
Bitcoin’s mysterious inventor set to be revealed in court
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The true identity of bitcoin creator Satoshi Nakamoto, who has been one of the financial world’s enduring mysteries, could be finally unveiled in a Florida court, the Wall Street Journal reports. Read Full Article at RT.com
