Author of the article: Reuters Yimou Lee and Ann Wang Published Dec 27, 2022 • 3 minute read Join the conversation TAIPEI — Taiwan will extend compulsory military service to one year from four months from 2024 due to the rising threat the democratically governed island faces from its giant neighbor China, President Tsai Ing-wen… Continue reading Taiwan to extend conscription to one year, citing rising China threat
Ukraine Latest: Zelenskiy Sees Gain in East; Austria Warns of Blackout
Ukraine’s economy may grow next year, and this year’s inflation may be less than expected, according to the head of the central bank, who cited the nation’s resilience in the face of Russia’s campaign to destroy energy infrastructure. Author of the article: Bloomberg News Bloomberg News Published Dec 27, 2022 • Last updated 5 minutes ago… Continue reading Ukraine Latest: Zelenskiy Sees Gain in East; Austria Warns of Blackout
Is the Stock Market Open on New Year’s?
Is the stock market open on New Year’s Eve and New Year’s Day? This year, the answer to that question is no. That’s because both New Year’s Eve and New Year’s Day fall on a weekend this year. Typically, the stock market is open on Dec. 31 (if it falls on a weekday) and closed… Continue reading Is the Stock Market Open on New Year’s?
FTX’s Sam Bankman-Fried bought Robinhood stock using hundreds of millions of dollars from his trading firm Alameda Research
Disgraced FTX founder Sam Bankman-Fried took funds from his trading firm, Alameda Research, to buy Robinhood stock, court documents shows. Later, Alameda took out a loan and pledged those same shares as collateral, CoinDesk reported. SBF and FTX cofounder Gary Wang together borrowed over $546 million in promissory notes from Alameda in April and May.… Continue reading FTX’s Sam Bankman-Fried bought Robinhood stock using hundreds of millions of dollars from his trading firm Alameda Research
This 48-year-old FTX user who lost access to $120,000 plans to diversify into real estate and luxury collectibles – but hasn’t lost faith in crypto
This software developer has been investing in crypto for two years, and planned to use the FTX funds for his three childrens’ college education. He had roughly five bitcoin on his account, as well as a smaller position in Avalanche, which added up to about $120,000 based on November prices. “A good chunk of my… Continue reading This 48-year-old FTX user who lost access to $120,000 plans to diversify into real estate and luxury collectibles – but hasn’t lost faith in crypto
Sam Bankman-Fried reportedly avoided the typical sardine breakfast in Bahamas ‘Fox Hell’ prison in favor of toast and jam
Sam Bankman-Fried’s stint at a prison in the Bahamas reportedly included vegan meals.The Fox Hill prison located in Nassau typically serves grits and sardines for breakfast, and rice and beef for lunch.Bankman-Fried avoided those meals and was instead fed toast and jam and stewed vegetables. Loading Something is loading. Thanks for signing up! Access your… Continue reading Sam Bankman-Fried reportedly avoided the typical sardine breakfast in Bahamas ‘Fox Hell’ prison in favor of toast and jam
FTX customers sent money to a fake electronics retailer with a website full of misspelled words that was key to funding SBF’s Alameda, report says
Sam Bankman-Fried’s FTX had customers wire money to North Dimension, a mysterious company with a fake electronics retail website, NBC News reported. Money sent to North Dimension would end up funding Alameda Research’s trading activity, the SEC alleged. The North Dimension website has been deactivated, but had misspelled words and claimed to sell laptops and… Continue reading FTX customers sent money to a fake electronics retailer with a website full of misspelled words that was key to funding SBF’s Alameda, report says
Russian oil price cap is hitting the Kremlin’s export revenue and may widen its budget deficit, finance minister says
The cap on Russian oil imposed by the West is hurting Moscow’s export revenue, Finance Minister Anton Siluanov said. The Kremlin’s budget deficit also could grow beyond a planned 2% in 2023, he added. His comments follow news last week that Russia could cut oil output by as much as 7%. Loading Something is loading.… Continue reading Russian oil price cap is hitting the Kremlin’s export revenue and may widen its budget deficit, finance minister says
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