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This is how much money Russians have pumped into crypto

The eye-watering sum invested by Russians into assorted crypto tokens was revealed on Monday by Anatoliy Aksakov, the head of the State Duma’s committee on financial markets. “According to certain estimates, some 5 trillion rubles [$67.3 billion] have been invested by Russians,” the lawmaker said during parliamentary hearings. The cryptocurrency …

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You can’t win against China with billions of Pentagon dollars

Congress has authorized $7 billion for the Pacific Deterrence Initiative, the Pentagon’s program to confront China. This continues the US’ flawed practice of throwing money at the military to solve problems created by bad policy.  Like its predecessors, the PDI is doomed to fail. The 2022 National Defense Authorization Act …

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Russia could ban sentient killer robots

On Monday, TASS reported that Senator Andrey Kutepov, a legislator in the upper house of Russia’s parliament, had produced the draft law, which sets out legal principles governing robots and their interactions with people. “Right now, the Russian Federation has no specific legal regulations regarding the use of robot technology,” …

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6.2 quake strikes off coast of California

The quake struck at 12:10 PST (20:10 GMT), approximately 38 kilometers west of the northern Californian community of Petrolia. The earthquake was centered in the Pacific Ocean, according to reports, and state emergency services say they are monitoring any potential “secondary impacts.” Weather services have warned that the quake has …

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Donald Trump Jr. explains why China’s ‘laughing’ at US military

Speaking at the America Fest 2021 conference in Phoenix, Arizona on Sunday, Trump Jr. threw a rhetorical question out to the audience, enquiring what the attendees thought America’s “enemies” were doing, and quickly retorting: “They’re laughing!” You think China is thinking, ‘We got to make sure we have plenty of …

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Why is the EU backing Navalny, but ignoring Assange?

As Navalny is serving time in prison, his daughter, Darya, has accepted the prize in his place. She was also was invited to address the EU’s parliament with a speech that, as she explained in an interview, she closely coordinated with her father. In that sense, not only was Navalny …

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Biden pushes ‘aggressive’ green mileage standard

The rule, announced Monday, will see the standard raised to 40 mpg in 2023 and up every year from there. It is a 25% increase over the Trump administration standard of 36 mpg announced last year, and 5% above the 38 mpg the Environmental Protection Agency (EPA) proposed in August.  …

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Armed man takes hostages in Paris store

A hostage situation has been underway in Paris since 15:30pm (14:30pm GMT) Monday, according to police. French media said two women are being held at knifepoint in a store by a man demanding to speak with Justice Minister Eric Dupond-Moretti. Police have set up a perimeter near the Aligre quarter, …

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