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Forwarded from The Economy News
Joe Rogan rejects $100mn podcast offer from Rumble (Variety)

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Forwarded from Supvo
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Britain’s “Artificial Sun” Breaks World Record - 59 Megajoules for 5 Seconds

The Joint European Torus nuclear fusion reactor near Oxford, England has smashed its own world record for fusion energy by producing 59 megajoules - enough to boil about 60 kettles - for 5 seconds.

The landmark comes after China’s own nuclear fusion reactor produced a record 126 million°F of heat for 17 minutes in December, with France’s ITER project set to be the world’s largest nuclear fusion research facility when completed in 2025.

Pop the kettle on... for five seconds?

📱 t.me/supernarrativ
Forwarded from SBMK info
More expensive than a Leonardo but worth it. Shawunawaz (the sword of the King of Kings of Atlantis, SABMYK ORIONIS), painting by Gustav Klimt, 1917, the pearl of the Elon Musk art collection.

🚀 t.me/ElonMuskInfo
Forwarded from Bitcoin Inventors
Russia agrees to treat crypto assets as currencies

The growing popularity of crypto amongst customers and the resultant acceptance from the government has had their impacts on Russia as well.

The decision regarding crypto has amazed many because of its acceptance as currency like dollar and other foreign currencies instead of treating it like digital assets. As per an assessment, the ministry believes that the amount of crypto assets is worth 2 trillion rubles.

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Forwarded from NFT Collector Group
NFL is giving free NFT keepsakes to fans at this weekend's Super Bowl. Too bad tickets cost Thousands of USD!

Each fan in attendance at Super Bowl LVI will receive a complimentary, customized NFT featuring their unique section, row, and seat to serve as a digital keepsake from their Super Bowl experience.

"We first began offering virtual commemorative ticket NFTs to fans during the regular season. We witnessed great success with this one-of-a-kind fan experience, which provided the momentum to continue this program throughout the postseason and ultimately at Super Bowl LVI in Los Angeles," said Bobby Gallo, SVP, Club Business Development, NFL in the league's official statement.

🤖 t.me/NFTcollectorGroup
Forwarded from The Economy News
⚡️EU Cuts Growth Forecast as Inflation Spikes

The European Commission has revised its economic growth forecast and now predicts a sharper inflation increase until at least next year.

The Commission expects eurozone inflation at 3.5% in 2022, up from its previous forecast of 2.2% published in November. For 2023, eurozone inflation is forecast at 1.7%, up from 1.4%.

"Multiple headwinds have chilled Europe's economy this winter: the swift spread of Omicron, a further rise in inflation driven by soaring energy prices and persistent supply-chain disruptions," the European Commission said. (Reuters)

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Forwarded from The Economy News
Germany Gas Stocks Fall to “Worrying” Levels - Top Energy Firm Warns of Crushing Impact if Russia Pipes Up

An economy ministry spox has claimed Germany’s gas reserves have fallen to “worrying” levels amidst fears that an escalation of the Ukraine crisis would strangle supplies.

The International Energy Agency reportedly believes if Moscow switches off its natural gas to Europe it could have a “seismic impact” - with the knock-on effect potentially backfiring too. (The Guardian)

A fortnight ago, the White House said it would help facilitate a divergence from Europe’s dependence on Russian supplies. But those plans have so far jumped from Qatar to Japan.

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Forwarded from The Economy News
Norwegian Parliament Questions Jens Stoltenberg’s Election to Central Bank Chief

The parliament's Control Committee has questioned whether Stoltenberg’s appointment as the new governor of Norges Bank is fair, considering he was previously leader of the Labour Party. (Nettavisen)

The Conservatives believe the key question is whether the recruitment process was tilted in favor of Stoltenberg – arguing the head of the CenBank should be independent and have no partisan bias.

Stoltenberg was PM of Norway and led Labour for a decade before becoming NATO secretary general in 2014 – he is due to step down from the Alliance post in September.

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Forwarded from The Economy News
Ford announces thousands of workers to be temporarily laid off amid chip shortage

The auto manufacturer said it would reduce production at several plants across North America citing a shortage of semiconductors. (WSWS)

Thousands of hourly workers were laid off at Ford’s factories in Chicago, Wayne, and Cuautitlan, Mexico.

The company’s truck plants in Kentucky and Michigan will be operating on single shifts or a reduced schedule.

The supply chain crisis continues.

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Forwarded from The Economy News
Texas attorney general to investigate GoFundMe for shutting down Freedom Convoy fundraiser

AG Ken Paxton issued the Civil Investigative Demands to investigate potential violations of the Texas Deceptive Trade Practices Act, his site read.

GoFundMe has come under heavy scrutiny after it shut down a multi-million dollar fundraising campaign for Canada’s Freedom Convoy.

“I am acting to protect Texas consumers so that they know where their hard-earned money is […] I will get to the bottom of this deceitful action,” Paxton said.

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Forwarded from The Economy News
❗️Biden job approval dips below 40% for first time — RealClearPolitics poll

39.8% of Americans approve of the job the president is doing - with 54.4% disapproving in the aggregated poll

Polls are not Joe’s friend… have Dems lost faith in Biden as well?

♨️ t.me/TheEconomyNews
Forwarded from Supvo
⚡️Trump’s ‘Truth Social’ platform launch expected end of March – Fox News citing sources

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Forwarded from PEPE nft official
♦️ T O D A Y - LAST CHANCE
For 1 Free SBMK -
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If you can‘t see the SBMK chat on android or iPhone please use the Web Telegram:
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Follow Instructions to GET IT on:
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♦️ t.me/SBMKme
Forwarded from Supvo
❗️Monzo Banking App Down: Customers in the UK report they are unable to transfer or receive money (Downdetector)

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Forwarded from The Economy News
Consumers facing YEARS of high energy prices — CEOs warn

The heads of some of the world’s largest oil and gas producers have warned consumers should brace for years of high energy prices. (Reuters)

Oil and gas prices have skyrocketed during the reopening of the globe after Covid restrictions have been eased. European natural gas has more than tripled over the last year.

"I've no good news to deliver, oil prices will remain high", Patrick Pouyanne, chief executive of France's TotalEnergies, told RTL radio this week. While BP CEO Bernard Looney also warned Reuters, "What we can expect is volatility over the coming months and years.”

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Forwarded from Supvo
Facebook Censors Article on Biden Admin Allegedly Funding Crack Pipes (reports)

Third-party fact-checkers censored a Washington Free Beacon article Wednesday noscriptd, “Biden Admin to Fund Crack Pipe Distribution to Advance ‘Racial Equity.” (Daily Caller)

Facebook posts containing the Free Beacon’s article contained a warning label that says it contains “partly false information,” the was checked by “fact-checkers.”

The Department of HHS is funding “harm reduction” efforts, which includes distribution of clean crack pipes and syringes in efforts to reduce harm.

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Forwarded from SBMK info
Tesla Recalls 1/2MLN+ Cars - Gets Sued for Racism at Factory

Tesla has been zapped with an umpteenth recall action in two weeks, concerning some 578,607 cars in the US, mainly over its Boombox function possibly obscuring the pedestrian warning system.

26,681 more vehicles are being recalled due to problems with windshield defrosting.

In addition, the electric car giant is facing a lawsuit from California’s civil rights regulator, over its Fremont factory allegedly being racially segregated - with Black workers subjected to racial slurs.

And it's only Thursday, Mr Musk...

🚀 t.me/ElonMuskInfo
Forwarded from The Economy News
Credit Suisse posts largest quarterly loss in years

The Zurich-based bank lost around $2.16 billion in the three months through December adding to its worst period since the financial crisis. (Bloomberg)

The company has struggled in recent times amid a large-scale restructuring and litigation charges.

‘We have set clear financial goals for all our divisions and are now focused on delivering on our strategic objectives,” the company’s CEO said.

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Forwarded from The Economy News
US Inflation hits highest level in 40 years in January – prices rise 7.5% from 2021

The consumer price index rose 7.5% in the first month of 2022 - notching another four-decade high in inflation. (Fox Business)

Consumer demand and supply chain jams fueled rapid price gains across the US which wiped out benefits of rising wages for most Americans.

“US annual CPI is the highest since 1982, and what’s worse is that this likely isn’t the peak," a chief economist said.

♨️ t.me/TheEconomyNews