Sunday, April 5, 2020

Financial News: Markets

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Financial News: Gov't & Politics

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(Financial News) The net worth of US President Donald Trump’s assets dropped $1 billion in less than a month amid a coronavirus pandemic, Forbes reports. About a month ago, the state of the American president's fortune stood at $3.1 billion, since then it has...
The US Department of Justice and the U.S. Securities and Exchange Commission began checking stock transactions in recent weeks by members of US Congress who had access to classified information about the spread of coronavirus and the impact of the unfolding pandemic on the economy, CNN reports.
Financial News - Trump winking
In a blatant display of disrespect for the law, President Trump announced his intention to ignore a key oversight provision in the $2 trillion coronavirus relief bill. The bill, which Trump signed himself into law on Friday, creates a special inspector general who is tasked with auditing and investigating the ~$500...
Trump invokes DPA
In an effort to help handle the surge of coronavirus patients, President Trump invoked the Defense Production Act (DPA); forcing General Motors (GM) to manufacture ventilators. In recent days, Trump has said that the act has provided strong leverage as he speaks with private companies about voluntarily...
Senate Passes $2.2 Trillion Coronavirus Relief Bill; But Is It Enough?
While it’s not the most beneficial bill for the American people, late Wednesday the Senate unanimously passed a coronavirus relief bill. The bill, which wont be voted on by the House until Friday, is a $2.2 trillion stimulus package that aims to provide economic relief to individuals...

Financial News: Crypto

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(Financial News) A sharp drop in the price of Bitcoin against the backdrop of the global panic due to COVID-19 has reduced activity in the Darknet Markets. Darknet Markets are part of the so-called Dark Web. The Dark Web is a subset of...
The Anti-Money Laundering Financial Action Task Force (FATF) found minor flaws in how US cryptocurrency regulatory standards are being implemented. This is stated in a new report of the organization. The United States of America is included in a group of countries that generally...
(Financial News) New York Federal Judge Kevin Castel supported the position of the US Securities and Exchange Commission (SEC) and blocked the distribution of Gram tokens issued by the Telegram Open Network (TON) project. The court ruled that the distribution of these tokens would...
Binance and Brave browser logo
Brave browser, a privacy-focused web browser, is teaming up with Binance to bring in-browser trading to it’s user base of 13 million.  The partnership will result in a Binance widget that allows users to conduct crypto trades all without leaving the browser! Through a...
Federal Reserve Logo with Cash
Just recently, the Federal Reserve has announced drastic measures to counter the financial crisis sparked by the coronavirus pandemic. Among some of the tools being used by the Fed, such as zero reserve requirements for banks, include the unlimited printing of money in order...

Financial News: Tech

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Financial News - You can "hack" the virus using your computer.

Your computer can “hack” the coronavirus and lead to potential therapies

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Hand washing, disinfection, self-isolation and social distancing - these are words we hear in recent weeks, probably more often than anytime in...

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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...

These senators dumped stocks before coronavirus crash

At a glance 4 Senators with non-pubic knowledge of the coronavirus pandemic dumped stock positions immediately before the...

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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EU discusses border closure due to pandemic

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(Financial News) European Commission President Ursula von der Leyen condemned the closure of internal borders by some countries. The...
Putin Touring Novomoskovsky Medical Center

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

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

7 space industry organizations on the rocks due to coronavirus

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It seems that the coronavirus epidemic is sparing almost no one. The economies of many countries are in an extremely difficult...
Boris Johnson tests positive for COVID-19

Boris Johnson tests positive for COVID-19

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On Friday morning via Twitter, Boris Johnson has confirmed that he has tested positive for the coronavirus. https://twitter.com/BorisJohnson/status/1243496858095411200 @BorisJohnson...

Latest Financial News

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Jerome Adams, Surgeon General of the US made it extremely clear on Sunday that the coming week would be a major test of America's resolve in its battle against the COVID-19 outbreak. Adams stated:
(Financial News) A sharp drop in the price of Bitcoin against the backdrop of the global panic due to COVID-19 has reduced activity in the Darknet Markets. Darknet Markets are part of the...
The Anti-Money Laundering Financial Action Task Force (FATF) found minor flaws in how US cryptocurrency regulatory standards are being implemented. This is stated in a new report of the organization. The United States of...
(Financial News) European Commission President Ursula von der Leyen condemned the closure of internal borders by some countries. The European Commission is actively negotiating with EU member states regarding further deadlines for border closure...
(Financial News) The net worth of US President Donald Trump’s assets dropped $1 billion in less than a month amid a coronavirus pandemic, Forbes reports. About a month ago, the state of the American...

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