Tag: Region US

May 9, 2022. Americans are more likely today than they were a year ago to report being “very” or “moderately worried” about several aspects of their finances, reversing the improvement seen last year. People’s concern has increased in relation to paying monthly bills, maintaining their standard of living, paying rent or mortgage, making minimum payments on credit cards and having enough money for retirement. Americans’ financial anxieties increased in 2020 during the unprecedented economic shutdown that occurred at the start…

May 9, 2022. Facial recognition company Clearview AI has agreed to stop its sales to private companies in the United States as part of a landmark settlement reining in a technology criticized as threatening Americans’ privacy rights. The settlement, filed Monday in federal court in Illinois, marks the most significant court action yet against Clearview AI, a company known for downloading billions of people’s photos from social networks and other websites to build a face-search database sold to law enforcement….

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May 7, 2022. The U.S. government wants $33 billion more for the War in Ukraine and is telling its people that Russia is a threat not only to Ukraine, but to Americans. The enormous aid package is twice the size of a provision approved by Congress last month. It would eclipse all the spending by the United States so far on the war. -NYT, Apr. 28, 2022 How is the U.S. government working for the people who elected it? It’s…

May 7, 2022. A new leak of Dubai property data has exposed just how many foreigners have poured their money into apartments and villas there. The data, which dates from 2020, was obtained by the Center for Advanced Defense Studies (C4ADS), a non-profit organization based in Washington, D.C., that researches international crime and conflict. It was then shared with Norwegian financial outlet E24, which coordinated an investigation into the real estate. The leak provides the first detailed public overview of…

Monday August 1, 2020.Monero hits all-time high monthly transactions (MoneroJ.net) Wednesday Aug 3, 2022. If there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press time, the private cryptocurrency had gone up 7.84% as per CoinMarketCap. (AMBcrypto) Monday May 9, 2022. Poloniex crypto exchange has had XMR deposits and withdrawals…

Bill Hwang secured billions in dollars in financing from leading Wall Street banks with lies that ranged from assurances he could quickly exit his positions to claims he had large holdings of easily traded stocks like Apple and Google, according to US authorities. The banks apparently took Hwang’s words at face value as they entered into leveraged derivatives trades with Hwang’s family office, Archegos Capital Management. These deals enabled him to hide the size of his enormous positions in a…

Leaked PDF: Roe vs Wade Decision A majority of the Supreme Court is prepared to overturn the right to abortion established nearly 50 years ago in Roe v. Wade, according to a leaked draft of the opinion published Monday by Politico. That conclusion seemed a possibility in December when the court considered a Mississippi law that would ban abortions after 15 weeks. But the disclosure Monday by Politico of a draft opinion that it said was circulated by Justice Samuel…

Monero, traded as ticker XMR, seems to be the only cryptocurrency able to escape the solid downtrend lately and the approaching hard fork is not the only cause. While it is a definite motivator, there are at least four additional main reasons. The first is obviously the new trend in sanctions. 1. The sanctionsFirst, the west has essentially sanctioned anyone they could get their hands on with suspected ties to Russian oligarchs, including their uncles and children. This year’s US…

You don’t want to call sanctions a hoax because they legitimately put compliance pressure on our businesses and people. But do they put any pressure on the actual targets? It’s part of our news cycle and even our language to think so. After all, what is a “sanction” if not a punishment for breaking the rules? In a move that was presented as severe by the press and by government, the Treasury Department promised sanctions on the Russian Direct Investment…

Firms now control a significant portion of the rental market in the United States and Canada, raising rents in the service of turning profits. They also continue to receive tax breaks and subsidies. When the US federal government forecloses on homes due to residents’ inability to pay their mortgage, for instance, the homes are then resold to investment firms at big discounts. The corporate landlords then either resell or rent those homes. “With help from the federal government, institutional investors…

Securities and Exchange Commission v. Ronald Bauer et al. Case No. 1:22-cv-03089 (S.D.N.Y. filed April 14, 2022) SEC announced charges against eight individuals for participating in a long-running fraudulent scheme that generated over $145 million from unlawful sales of penny stocks and caused significant harm to retail investors in the United States and around the world. Defendants. UK-resident Ronald Bauer and various combinations of his associates, Craig James Auringer, Adam Christopher Kambeitz, Alon Friedlander, Massimiliano (“Max”) Pozzoni, Daniel Mark Ferris,…

“Elect me, I will charge you less.” “You have to do what the special interest groups require.” Lauren Windsor of The Undercurrent caught GOP Rep Mo Brooks on video saying that says prime committee chairmanships cost a minimum of $1 million and are paid by special interest groups as “a quid pro quo” for favored legislation. NEW: GOP Rep Mo Brooks says prime committee chairmanships cost a minimum of $1 million and are paid by special interest groups as "a…

From Amy Goodman, Democracy Now – 12 Apr 2022 In Pandemic, Inc.: Chasing the Capitalists and Thieves Who Got Rich While We Got Sick, ProPublica investigative reporter J. David McSwane tracks pandemic federal relief funds and finds many contracts to acquire critical supplies were wrapped up in unprecedented fraud schemes that left the U.S. government with subpar and unusable equipment. He says an array of contractors were “trying to take advantage of our national emergency,” and calls the book “a blueprint…