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The militarization of food
— Eurasia Review WHEN Russia bombed the port of Odessa, it was not a good start for the new grain export deal. If anyone believed that this agreement between Moscow and Kyiv would have a positive ripple effect on the war raging elsewhere in Ukraine, surely the Russian military has destroyed that wishful thinking. The …
Worldwide Acceptance (NASDAQ: WRLD) PT reduced to $52.00 at BMO Capital Markets
Worldwide Acceptance (NASDAQ:WRLD – get rating) BMO Capital Markets lowered its price target from $57.00 to $52.00 in a research report issued to clients and investors on Friday, The fly reports. The BMO Capital Markets price target points to a possible drop of 52.97% from the company’s current price. Several other brokerages have also recently …
San Mateo County Community College District’s Home Loan Program Under Heavy Review | Local News
The San Mateo County Community College District Board of Trustees has agreed to review its employee home loan program, following allegations that the offer could be seen as predatory. The district began offering the program in 2001 to help employees looking to buy a home in the increasingly expensive Bay Area market. Those who work …
Babel Finance lost over $280 million in client funds due to risky trades, Eyes Fundraising
Struggling crypto lender Babel Finance lost over $280 million in client funds in the trade. The crypto lender, which stopped withdrawals last month, lost 8,000 Bitcoin and 56,000 ETH last month due to liquidation resulting from the market slowdown at the time. Part of the bridge apparently reads, During that volatile week in June, when …
The Semiconductor Bill and Moderna’s Billionaires – OpEd – Eurasia Review
Funny enough, we continually debate the causes of inequality when we regularly pass bills that redistribute income upwards. The semiconductor bill about to be approved by Congress is the latest installment in this absurd charade. Let’s be clear, the bill does some good things. It has funds both to subsidize semiconductor manufacturing capacity in the …
Davies Insolvency Now, Issue 6 – Canada’s Changing Credit and Insolvency Landscapes
Despite optimistic predictions in early 2022, slowed down world growth as a result, in part, of the war in Ukraine, it has raised inflation and interest rates, reducing the availability of credit, increasing corporate borrowing costs, and threatening the ability of companies to retain the confidence of their shareholders . With this competitive credit market …
Why Etsy (ETSY) Stocks Are Soaring After Hours
Etsy Inc. ETSY reported second-quarter revenue growth of 10.6% year-over-year to $585.14 million, beating consensus of $557.25 million. Revenue performance reflects increased Etsy marketplace transaction fees. EPS of $0.51 beat the consensus of $0.34. Consolidated GMS was $3 billion, down 0.4% year-on-year, while Etsy Marketplace GMS was $2.6 billion, down 6% …
Youngkin donates salary to veterans’ causes, says Virginians feel ‘robbed’ by inflation
NEWYou can now listen to Fox News articles! Virginia Governor Glenn Youngkin is donating his second quarter 2022 salary to military veterans causes in the Commonwealth. The Republican governor was scheduled to visit a veterans center in Virginia Beach to mark his decision, telling Fox News on Tuesday that it was an opportunity for him …
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bne IntelliNews – Kazakhstan reportedly increases defense spending amid ‘Russian ambition’ jitters
Kazakhstan has dramatically increased its defense spending while seeking to strengthen its ties with China and NATO countries amid fears that Moscow could expand its geopolitical ambitions beyond Ukraine, The Wall Street Journal (WSJ) reported, citing a Kazakh official. The former Soviet state commits an additional 441 billion Kazakh tenge (KZT) ($918 million) to its …
Technical analysis: is this a capitulation?
July 25, 2022 by SchiffGold 0 0 Price analysis two months ago concluded that a neutral market was found between $1800 and $1850 and was waiting to see a break of resistance or support. He leaned higher with indicators showing the decline had run its course, but he also pointed to the risk that a …
Crypto: billionaire Mark Cuban warns of a powerful player
The crypto industry is currently going through a crisis that has already crushed some major players like hedge fund Three Arrows Capital and lenders Celsius Network and Voyager Digital. After losing over $2 trillion in less than nine months, the cryptocurrency market has more or less stabilized in recent days. But it was also around …
Here’s what you need to know ahead of Tadawul trading on Sunday
Kazakhstan’s president invites Saudi investors as the two countries plan to strengthen economic ties RIYADH: The President of Kazakhstan, Kassym-Jomart Tokayev, has invited Saudi companies to invest in this Central Asian country, as it offers many opportunities in the fields of energy, space, recycling, food and agriculture, and construction. While speaking at the Saudi-Kazakh investment …
Parallel Advisors LLC cuts its equity position in Waterstone Financial, Inc. (NASDAQ:WSBF)
Parallel Advisors LLC cut its position in Waterstone Financial, Inc. (NASDAQ:WSBF – get rating) by 19.4% during the 1st trimester, HoldingsChannel.com reports. The institutional investor owned 4,038 shares of the capital stock of the savings and loan company after selling 972 shares during the period. Parallel Advisors LLC’s holdings in Waterstone Financial were worth $78,000 …
How China Became Ground Zero for the Autochip Shortage
TAIPEI/SHANGHAI/SINGAPORE — From his small office in Singapore, Kelvin Pang is willing to bet a salary of $23 million that the worst of the chip shortage isn’t over for automakers – at least in China. Pang purchased 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle …
Loan officers can expect signing bonuses to stay but decline
Although thinner margins will drive down loan officer signing bonuses, they remain a key part of lenders’ plans to find talent, according to a new report from Stratmor Group. In a profession where personal branding is valued as much, if not more, than corporate affiliation, it’s no surprise that mortgage companies use bonuses to recruit …
Twitter (TWTR) Q2 2022 Results
Musk was reportedly named to Twitter’s board on Saturday, but the world’s richest man informed the company the same day that he would not, in fact, serve on the board. Andrew Burton | Getty Images News | Getty Images Twitter released second-quarter results on Friday that missed analysts’ estimates for profit, revenue and user growth. …
Sales of white goods in Turkey down 8% year on year in January and June
Turkey’s white goods sector domestic sales fell 8%, while exports edged up year-on-year in the first six months of the year. The Association of Household Appliance Manufacturers of Turkey (TÜRKBESD) said on Thursday. The sector’s domestic sales fell 2% in the association said in June while exports fell 6% in the same period, reflecting demand …
Keybank National Association OH sells 5,955 shares of Eagle Bancorp, Inc. (NASDAQ:EGBN)
Keybank National Association OH reduced its stake in Eagle Bancorp, Inc. (NASDAQ:EGBN – get rating) by 39.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,005 shares of the financial services provider after selling 5,955 shares during the period. Keybank National …
Billium Unveils Multi-Feature Crypto Copy Trading
Dubai, United Arab Emirates, July 21 Feb. 11, 2022 (GLOBE NEWSWIRE) — Dubai-based cryptocurrency exchange Billium is looking to disrupt the crypto trading space with a new copycat trading platform that will allow investors to trade cryptocurrencies using the orders from other investors. The company, which debuted in 2022, aims to transform the way people …
It may be time to kick Joe Manchin out of the Democratic Party | Robert Reich
AAfter putting a final spear at the heart of what remained of Biden and the Democrats’ domestic agenda, West Virginia Democratic Sen. Joe Manchin now rejects any tax hikes on big business or the wealthy — until that inflation is no longer a problem. It’s rich, in every sense of the word. Raising taxes on …
goeasy Ltd. (TSE:GSY) receives an average “buy” recommendation from analysts
goeasy Ltd. (TSE:GSY – get rating) has received a “Buy” consensus recommendation from the eight research firms that currently cover the firm, reports Marketbeat. Five investment analysts rated the stock with a buy rating and one issued a strong buy rating on the company. The average 1-year target price among analysts who have covered the …
Two-week increase in wealth for food billionaires, enough to fully fund the response to the hunger crisis in East Africa
Monday, July 18, 2022, 1:45 p.m.Press Release: Oxfam NZ Food inflation in East African countries, where tens of millions are caught in an alarming hunger crisis, has risen sharply, reaching a staggering 44% in Ethiopia, or nearly five times the world average. It is estimated that one person dies every 48 seconds in Ethiopia, Kenya …
Will the Indian rupee replace the Sri Lankan rupee?
The substitution has the potential to attract foreign investors who may show a greater willingness to be paid in INR rather than LKR, who could suffer losses in the foreign exchange markets Representative image. AFP New Delhi: On July 11, the Reserve Bank of India requested banks to put in place additional provisions for export …
Short interest of Banco de Chile (NYSE:BCH) increases 78.2% in June
Bank of Chile (NYSE: BCH – get rating) saw a significant increase in short interest in the month of June. As of June 30, there was short interest on a total of 266,400 shares, an increase of 78.2% from the June 15 total of 149,500 shares. Based on an average trading volume of 164,600 shares, …
The Week Ahead: Excelling in the “Golden Age” of Mortgage Servicing
On Monday, July 18, the Five Star Institute, in partnership with Sagent, will present the latest in its webinar series, “Is 2022-23 Really the Golden Age of Mortgage Servicing?” from 2 p.m. to 3 p.m. central. The Five Star Institute’s webinar series aims to broaden the horizons of the mortgage industry and is a source …
Bitcupex – Revolutionary Defi Project Is Ready To Take On The Blockchain World
Bitcupex, the future of DeFi with a range of innovative products, is making giant strides in the Defi space. The crypto market is successfully invading the daily lives of thousands of people around the world. Even those who most doubt the emergence of cryptocurrency will certainly concede that the underlying blockchain technology and its future …
3 Vanguard ETFs that could help you retire a millionaire | Smart Change: Personal Finances
Any day now, you can expect your latest quarterly 401(k) statement from your employer that shows the current value of your savings, and you’re probably anticipating that the stock and fund portion of your savings has gone down in value. since your last statement. Knowing that inflation is much higher than normal, interest rates are …
“PAY WITH SYNCHRONY” APP LAUNCHES AS FIRST COMBINED BNPL AND PRIVATE LABEL FINANCING SOLUTION AVAILABLE TO SMALL BUSINESSES THROUGH CLOVER®
“The next big opportunity in payments is the ability to offer choice of various products and solutions” tweet this With more than a third of buyers saying they are more likely to look at additional financing options now compared to two years ago,1 Synchrony’s SetPay 4-Instalment payment offer gives customers the ability to make four …
Dave Ramsey has this big warning about margin trading
Image source: Getty Images Don’t start trading on margin until you read this advice. Key points Dave Ramsey is a well-known financial expert. He provided advice on margin trading. Ramsey doesn’t think that’s a good idea, considering what can go wrong. When you start investing money, you may be keen to put as much money …
Joe Biden’s questionable calculations of the federal income tax burden
During a recent speech on the economy in Cleveland, President Joe Biden sought to highlight the difference in tax burdens between the wealthiest Americans and more typical taxpayers. “Billionaires in America – there are about 789 of them. You know what average federal income tax they pay? 8%,” Biden said on July 6. “Each of …
Putin could cut oil and gas to cripple Europe
The risk of a total shutdown of Russian gas supplies is now well understood. Not a single molecule of Gazprom has been transported to Europe via the Yamal pipeline via Poland for six weeks. Streams via Nord Stream 1 via the Baltic have been operating at 40% capacity since mid-June. They went down to zero …
Community Banking System: Consensus Indicates 14.9% Upside Potential
Community Banking System found using ticker (CBU) now has 5 total analysts covering the stock. The consensus rating is ‘Hold’. The range between the high target price and the low target price is between 81.5 and 64, calculating the average target price we have 73.5. Now, with the previous closing price of 63.95, this indicates …
Gap Stock Slips On CEO Syngal Exit, Muted Profit Margin Forecast
Gap inc. (GPS) – Get Gap Inc. (the) report Shares fell on Tuesday after Sonia Syngal announced she would step down as group CEO after just two years and the struggling clothing retailer added that current quarter sales would continue to decline. Syngal, who agreed to stay on for a brief transition period, will be …
Silver Moon Brewing and RE/MAX Key Properties Announce Entertainment Title Sponsorship
BEND, Ore. (KTVZ) — Silver Moon Brewing, central Oregon’s third-oldest craft brewery, RE/MAX Key Properties and Motto Mortgage Cascades announced a new sponsorship deal last week that includes naming rights to the 2022 Summer Concert Series at Silver Moon Brewing in Bend, consumer engagement, hospitality and personalized artist promotions with a mission to create a …
Stocks see 2022 lowest volume in tech-led slide
Stocks tumbled as traders positioned themselves for a high inflation reading and the start of a key earnings season that could provide clues as to whether the economy is heading into a recession. The dollar soared. A sale of megacaps like Tesla Inc. and Apple Inc. weighed heavily on the stock market – which saw …
US ambassador to Japan calls Shinzo Abe a ‘visionary’ and said his killing is ‘a shock to the culture’
The US ambassador to Japan says the assassination of former Prime Minister Shinzo Abe has left the country horrified. “It’s a shock all over the world, but it’s clearly a shock here in Japan, not just because gun violence is so rare,” Rahm Emanuel said during an interview on ABC’s “This Week” on Sunday. “But …
CoinFLEX to Sue Robert Ver for Margin Call Reimbursement
Derivatives exchange CoinFlex said it will pursue legal action against Roger Ver, which failed to repay a $47 million margin call on a leveraged position secured by the FLEX coin. Ver was an early crypto investor and promoter of bitcoin, whose collateral for his leveraged position fell below the minimum threshold. This happened after major …
Why this baseball billionaire is betting on Amazon, AT&T and JP Morgan
(Photo by Stephen Dunn/Getty Images) Getty Images Los Angeles Angels owner Arturo Moreno spoke with Forbes about what he bought — and owned — during the market downturn: lots of cash, real estate, and dividend-paying stocks Baseball mogul Arturo Moreno first bought shares of Alphabet and Amazon six years ago after his daughter “convinced” him …
Job growth will slow and the Fed may regret raising rates too aggressively by 2023, says JPMorgan Asset Management chief strategist
The Federal Reserve should be careful about raising interest rates too quickly, said JPMorgan Asset Management chief strategist David Kelly, who believes job growth and the economy will slow soon. “It’s important not to be too aggressive right now because if you raise rates too much right now, you could have a real problem at …
SWOT Analysis of Foreign Exchange Margin Trading Market by 2028
New Jersey, United States – The Foreign exchange market on margin The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by …
Suspension of foreclosure can be interpreted broadly, 2nd Circuit claims
The United States Court of Appeals for the Second Circuit on Wednesday upheld foreclosure restrictions applied to a limited liability company that owned property because a resident who filed for bankruptcy held a controlling interest in the LLC. . In Bayview Loan Servicing v. Eileen Fogarty, the appeals court found that the mortgage company had …
Dave Ramsey: Here’s the ‘quickest and most appropriate way to become a millionaire’
Money / Financial Planning © Dave Ramsey Dave Ramsey is a bestselling author and personal finance expert. He is known as the host of “The Ramsey Show” – a popular radio show and podcast that has over 20 million listeners a week. He has appeared on “Good Morning America”, “CBS Mornings”, “Today”, Fox News, CNN …
Russian Response to Western Sanctions: A Threat to US Hegemony
By: Pairman Bazai According to the unfolding cases, the hegemonic status of the United States seems to be weakened. The influence of the USA is no longer the same as in the 1990s and the beginning of the 2000s. After the withdrawal from Vietnam (1973), Iraq (2011), Syria (2019) and the Afghanistan (2021), the United …
CSA Invites Comments on Changes to Enhanced OTC Derivatives Data Reporting | Stikeman Elliott LLP
Offers the amendments aim to reduce regulatory burden by aligning over-the-counter (OTC) derivatives data reporting requirements with international standards developed by the Committee on Payments and Market Infrastructures (CPMI) and the Organization International Commission of Securities Commissions (IOSCO) while simultaneously improving data quality and consistency. THE SC recently announced proposed amendments to the various multilateral …
Student loan bailout foreshadows financial crisis
Last week, the Biden administration agreed to write off $6 billion in student debt for 200,000 students who claimed they were defrauded by the former for-profit Corinthian Colleges. That’s on top of the $25 billion in student debt forgiveness for 1.3 million borrowers they’ve given in recent months. In an effort to expedite the process, …
De-stigmatize debt in the workplace
Consumer debt in the United States continues to rise with no end in sight, with the average American household owe more than $155,000 — an increase of more than six percent from last year. Home buyers will soon be able to capitalize in a slowing housing market, but the supply chain problems that arose during …
Why Hong Kong’s billionaire factory is broken
The former cop, backed by Chinese President Xi Jinping, has pledged to turn Hong Kong into an innovation hub in a bid to reduce its dependence on finance and real estate. He also promised to solve the housing crisis in the world’s least affordable market, which Beijing has blamed for the sometimes violent, pro-democracy protests …
Argentine economy chief resigns amid woes
BUENOS AIRES, Argentina — Argentina’s economy minister unexpectedly resigned on Saturday, dealing another blow to President Alberto Ferandez’s government as the country grapples with economic problems. Martin Guzman has quit after a week in which Argentina’s currency hit a historic low against the dollar amid soaring inflation and truck drivers staging protests over diesel fuel …
Second Quarter 2022 Earnings Estimate for Clients Bancorp, Inc. (NYSE:CUBI) issued by Wedbush
Clients Bancorp, Inc. (NYSE:CUBI – get rating) – Wedbush increased its second quarter 2022 earnings per share (EPS) estimates for Customers Bancorp in a report released Thursday, June 30. Wedbush analyst P. Winter now sees the bank posting earnings of $1.73 per share for the quarter, up from his previous forecast of $1.59. The consensus …
Roger Ver: CoinFlex owes me money
A traditionally niche online community, the Bitcoin Cash Hangout, saw a significant boost in viewership today as the July 3 episode promised to feature a statement from Roger Ver on the CoinFlex situation. For the uninitiated, CoinFlex has become the latest cryptocurrency exchange to report insolvency, after suspending withdrawals on the platform. At first, the …
RBA interest rates: Mark Bouris’ advice for Australian mortgage holders
Leading financial expert Mark Bouris says millions of Australian mortgage holders are missing out on huge savings by not doing one simple thing. A leading financial expert is urging mortgage holders to refinance their home loans to save thousands of dollars in interest as the Reserve Bank of Australia (RBA) seeks to raise the cash …
Benefits and burdens of beedi taxes on the economy
The price elasticity of demand is assumed (0.4). When the price increases by 10%, consumption decreases by 4%. As a result, production decreases by 4%. The current price is LKR 5 per stick. **One sheet of tendu is enough to wrap 10 beedis. When beedi production drops, a proportional drop in tendu leaf is expected. …
The best loans for bad credit available today
Are you worried about money? Does the thought of next month fill you with dread? with the 4the With the July celebrations fast approaching, the pressure for funding may skyrocket. Families across the United States are making plans to travel, drink, party and enjoy their holidays over the next week. For some, a feeling of …
Diageo share price hangover as Deutsche Bank issues ‘sell’ rating
Diageo share price is down 13% this year – Photo: Getty Images The Diageo the stock price may feel a bit worse for wear this week. The the world’s largest producer of spirits and beers, has just been hit with a “sell” rating of Deutsche Bank (DBK) – downgraded from an “expectation”. The bank, which …