Thursday, May 28, 2020

Financial News: Markets

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Financial News: Gov't & Politics

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The US Department of Commerce added 33 PRC organizations to the sanctions list: 24 as representing a threat to US national security, 9 for violating human rights. Such information appeared on the website of the department. As noted, these organizations and companies will be...
The US Department of Defense has confirmed that applicants who survive COVID-19 virus infection will be declared unfit for military service until further notice. This was announced by the Military Times. A few days earlier, a scanned document appeared on the Internet.
US Debt Skyrockets amid coronavirus shutdown!
US public and corporate debt levels have skyrocketed due to the coronavirus pandemic this year. Debt has reached record highs, according to The Washington Post. According to forecasts, the federal budget deficit will grow by $4 trillion, making the national debt greater than the...
Financial News - Trump’s Plan to Reopen
Recently President Trump unveiled guidelines for states that outlined stages for the reopening of businesses. Trumps plan outlines 3 phases; serving as more of a recommendation rather than binding authority that state governments need to follow. The plan also stipulates that before a region considers reopening that...
Americans applied for unemployment benefits in huge numbers for the fourth consecutive week, although the number of applications for benefits last week fell more than expected. The number of American citizens applying for unemployment benefits for the first time in the week of April...

Financial News: Crypto

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The non-profit organization Web3 Foundation launched the first phase of the core blockchain network of the Polkadot blockchain after more than three years of development. The Polkadot protocol using sharding is designed to provide interoperability between various blockchains. https://twitter.com/polkadotnetwork/status/1265334623086751745?s=20 At...
The financial administration of the Chinese province of Sichuan issued a notification to the controlled departments demanding an "orderly termination of mining activity." https://twitter.com/PANewsOfficial/status/1263677038755528705?s=20 According to PANews, almost 10% of the global bitcoin hash is generated in Sichuan rich in...
Last week, supercomputer security systems in many institutions of higher education in Europe recorded cyber attacks attacks. Universities and computer centers in the UK, Germany and Switzerland reported incidents, and a computer center in Spain is also rumored to have been attacked. Attackers infected...
Pavel Durov, the founder of Telegram, announced that Telegram has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on the development of his team. Durov wrote that TON has been developed for...
Today, May 10, the price of the first cryptocurrency suddenly fell below $9,000, breaking the uptrend. The chart below shows that a sharp decline in prices was accompanied by a significant surge in trading volumes: Source: Bitstamp four-hour BTC/USD chart

Financial News: Tech

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Major vulnterability in iPhone allows hackers to steal vital information from iOS default email client.

iPhone Vulnerability allows hackers to steal data from default email client...

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The default email client Mail in the iOS operating system allows attackers to steal information, including personal data, used during registration on...

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UPDATED: Is Elon Musk out of his mind? Or was he just hacked? Either way Tesla lost billions in market cap in a matter...

On Friday celebrity entrepreneur Elon Musk started sending out some cryptic tweets about selling his home and earthly possessions, as well as...

Deutsche Bank: Coronavirus will cause US GDP to plunge 13%

According to a report by Yahoo!, Deutsche Bank put out a memo making the call that US GDP is expected to plummet...

Doctor who just gave Putin tour of Moscow’s main COVID-19 hospital tests positive for virus

(Financial News) - Last week Vladimir Putin was given a tour of Moscow's main corovonavirus hospital, Novomoskovsky Medical Center, by Dr. Denis...

COVID-19: The DOJ & FBI are investigating stock transactions of lawmaker who dumped stock prior to markets collapsing

The US Department of Justice and the U.S. Securities and Exchange Commission began checking stock transactions in recent weeks by members of...

Financial News - Around the World

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Anti-Israel Law Enters into effect in Iran

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Iranian President Hassan Rouhani ordered the implementation of the law on countering the what he calls the "hostile actions" of Israel.

Soros warns about the threat of the collapse of the European Union

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George Soros, the billionaire financier, warned that a coronavirus pandemic in the world threatens the European Union if its member countries cannot...

Hong Kong authorities say there is an increased terrorist threat amid new protests

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Cases of terrorism in Hong Kong are increasing, and activities detrimental to national security are becoming more widespread and uncontrollable, said Hong...

Hacker group steals £1.1 million in attack on financial companies

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Using four transactions, cybercriminals attempted to withdraw £1.1 million to third-party accounts. Of these, only 570 thousand pounds were returned, according to...

Latest Financial News

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The non-profit organization Web3 Foundation launched the first phase of the core blockchain network of the Polkadot blockchain after more than three years of development. The Polkadot protocol using sharding is designed to provide interoperability between various...
Iranian President Hassan Rouhani ordered the implementation of the law on countering the what he calls the "hostile actions" of Israel. The Iranian parliament adopted a law on countering Israel on May 18, which...
George Soros, the billionaire financier, warned that a coronavirus pandemic in the world threatens the European Union if its member countries cannot issue perpetual bonds to help the region's weak economies. According to Soros,...
Cases of terrorism in Hong Kong are increasing, and activities detrimental to national security are becoming more widespread and uncontrollable, said Hong Kong Security Secretary John Lee. "Last year, violence in Hong Kong intensified,...
The US Department of Commerce added 33 PRC organizations to the sanctions list: 24 as representing a threat to US national security, 9 for violating human rights. Such information appeared on the website of the department.

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