The Group of Seven (G7) announced on Tuesday it will consider the possibility of an embargo on the transportation of Russian seaborne crude oil unless it is purchased at or below a price to be agreed with international partners. According to a joint statement, the group, comprising Canada, France, Germany, …
Read More »Fed explores future of ‘digital dollar’
A Central Bank Digital Currency (CBDC) should “complement, rather than replace, current forms of money and methods for providing financial services” the Federal Reserve Board of Governors said in a study released on Thursday, which it said was the first step in a public discussion about a “digital dollar.” Clocking …
Read More »The Keiser Report explores what hyperinflation could do to the US
Max Keiser talks to Marshall Auerback, a market analyst and Levy Institute researcher, about the impaired supply chains and capacity constraints, and the economy in a post-pandemic world of inflation. For more stories on economy & finance visit RT’s business section
Read More »A new film explores the stereotype that ‘black people don’t swim,’ but in my experience it’s more than a stereotype, it’s a truth
Women can’t parallel park. Gays are fastidiously neat and tidy. White men can’t dance. Ordinarily, airing such dubious stereotypes in public, even under the free speech auspices of RT, would get me cancelled faster than Jordan Peterson doing stand-up at a transgender comedy show. But working the cultural cliché shill …
Read More »RT’s Keiser Report explores why gold & bitcoin fans are always fighting against each other
“I find it extraordinarily frustrating,” says Hemke. “We are on the same team – bitcoin fans and gold fans. Why are we fighting against each other? And why is the bitcoin marketing campaign always ‘Dump gold and buy bitcoin’? Well, dump dollars for God’s Sake, dump stocks, dump Tesla. Why …
Read More »Is Musk turning Tesla into a cryptocurrency hedge fund? RT’s Boom Bust explores
RT’s Boom Bust talks to Octavio Marenzi of Opimas LLC about the company’s report and the role of bitcoin there. Tesla’s quarterly results are “pretty encouraging,” according to the analyst. “What is kind of weird, is this whole thing with bitcoin and a hundred million dollars of bitcoin gains added …
Read More »Ant Group explores options for Jack Ma to exit, as Beijing unsheathes its sword against China’s big tech
The talks between the Chinese state regulator and Ant Group that took place between January and March signaled to the company that Ma’s exit could help draw a line under Beijing’s scrutiny of its business, according to sources familiar with the matter, as cited by Reuters. Earlier this year, officials …
Read More »Shooting for the stars: Boom Bust explores the future of blockchain technology in the space industry
RT’s Boom Bust talks to industry experts about the big players and what they hope to accomplish. They also discuss the future of blockchain technology in the space sector, focusing on JPMorgan’s experiment of blockchain payments between satellites orbiting Earth. “This test ultimately showed that blockchain technology could power payments …
Read More »Why does every American president promise to bring the economy back? Boom Bust explores
“Right now, it’s having a kind of euphoric effect with these enormous promises that it’s going to solve our problems and bring us our economy back,” Wolff says, adding: “Here’s the irony, this constant message of bringing it back. Back to what? To what it was before Mr. Trump became …
Read More »WTF is a NFT? RT’s Boom Bust explores multi-million crypto industry
Twitter CEO and crypto enthusiast Jack Dorsey is one of the latest to get into the game, auctioning his 15 year-old tweet as an NFT. Earlier this week, US rock group Kings of Leon announced that their new album will be available as an NFT, offering some exclusive options to …
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