Last week a US district court granted Sri Lanka’s request for a six-month pause on a creditor lawsuit against the country. Hamilton Reserve Bank holds a big chunk of one of Sri Lanka’s now-defaulted bonds and had been suing it for immediate repayment.
Sri Lanka’s debt trap and the vultures
Tag: financial markets
CBDC Failed: Congress Is Banning CBDC With Massive Support
Related:
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
Will Citizens’ Distrust of Government Surveillance Stop CBDCs?
But the eNaira launch came nine months after the CBN effectively banned cryptocurrencies, which were used to fund anti-police brutality protests that swept the country in late 2020. The CBN claimed crypto jeopardized the financial system and could be used to fund terrorism and froze protestors’ bank accounts.
Secret Team: The Nord Stream Pipeline Sabotage Revisited
Join us, as we take a deeper dive into the Nord Stream Pipeline sabotage story, and identify the diving team, their equipment, as well as those parties who benefitted from what many are calling ‘an act of war’ against European infrastructure.
Secret Team: The Nord Stream Pipeline Sabotage Revisited
Video via Kim Iversen
China meets American hegemony head-on
In a rare scathing essay, Beijing’s foreign ministry has blasted Washington’s continued attempts at world domination
China meets American hegemony head-on
Related:
No holds barred as China launches frontal assault on American dollar hegemony
Disclaimer: This information is not presented as a source of financial advice. You should not rely, for financial advice, on statements or representations made within this blog or by any externally referenced Internet sites. Before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your accountant or other financial advisers who are fully aware of your individual circumstances.
Ex-Fed Chief Greenspan Says US Recession Is Likely
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
The big jump in hourly pay in November isn’t inflationary. Working families’ real earnings are no higher than they were before the pandemic.
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs
Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs
The programs have long been targets of Republicans, despite the fact that Social Security is fully funded through 2035 and is able to pay for 90% of benefits for the next 25 years, even without Congress acting to expand it.
Related:
GOP’s Thune Sees Debt-Ceiling Hike as Vehicle for Budget Cuts
White House Knocks Thune’s Bid to Tie Debt Limit to Entitlements
TRUTH COPS: Leaked Documents Outline DHS’s Plans to Police Disinformation
THE DEPARTMENT OF HOMELAND SECURITY is quietly broadening its efforts to curb speech it considers dangerous, an investigation by The Intercept has found. Years of internal DHS memos, emails, and documents — obtained via leaks, Freedom of Information Act requests, and an ongoing lawsuit, as well as public reports — illustrate an expansive effort by the agency to influence tech platforms.
TRUTH COPS: Leaked Documents Outline DHS’s Plans to Police Disinformation
Related:
Disrupt The Cognitive Infrastructure
H/T: Unorthodox Truth
Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote + French Labor Unrest Illustrates Worsening Economic Crisis Within the EU
The austerity-ridden budget was approved without a vote on after the government involved a controversial provision of the constitution. Earlier, left-wing MPs had passed several amendments to the government’s proposals
Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote
Related:
French Labor Unrest Illustrates Worsening Economic Crisis Within the EU
Weak US jobs report not weak enough: Financial markets plunge
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that just 263,000 jobs were added in the month of September, down from 315,000 in August. The total of new jobs matched the previous low, in April of 2021, for monthly job creation over the past 20 months.
Weak US jobs report not weak enough: Financial markets plunge
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