The Bank of Japan scrapped the world’s last negative interest rate, ending the most aggressive monetary stimulus program in modern history, while also indicating that financial conditions will stay accommodative for now. The bank’s board voted 7-2 to set a new policy rate range of between 0% and 0.1%, shifting from a -0.1% short-term interest rate, according to a statement at the conclusion of its two-day meeting Tuesday. The BOJ also scrapped its complex yield curve control program while pledging to continue buying long-term government bonds as needed, and ended purchases of exchange-traded funds. The lack of signaling on…
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The regulator will have the power to fine clubs up to 10 percent of their turnover for non-compliance with financial regulations. The British government is planning to establish an independent football regulator to oversee the sport and encourage financial stability via a bill introduced in the parliament. The regulator will be independent of government and football authorities with the power to fine clubs up to 10 percent of their turnover for non-compliance with financial regulations, the government said in a press release on Tuesday. The legislation will strengthen tests of the suitability for those running clubs and would also block…
In my 27 years of working for Republican and Democratic administrations on Arab-Israeli issues and watching Congress in the process, no pro-Israeli politician, let alone a Senate majority leader, ever gave a speech like Chuck Schumer did last Thursday on the Senate floor.
One can’t help but wonder if Russell Wilson had just thrown that last pass in Super Bowl 49 into the third row how the rest of it might have played out. Seattle would likely have had consecutive Super Bowls, he’d be a god in the PNW, and perhaps everyone would have had more patience for the mountain of up-his-own-ass garbage that came with him. Instead, thanks to that INT, he only crystalized the divide that was already forming between him and the rest of the team, especially the defense that had been the bedrock of that era of Seahawks…
Federal prosecutors on Monday painted one-time British tech star Mike Lynch as the ruthless mastermind of an $11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard. But his lawyer depicted him as a visionary who was made a scapegoat for a desperate buyer’s bad decision. The contrasting portraits of Lynch, 58, emerged at the start of a criminal trial revolving around HP’s 2011 acquisition of British software maker Autonomy — a deal that was initially celebrated as a coup, but instead unraveled into a costly debacle. Lynch, once hailed as an example of British ingenuity, is facing 16 felony counts…
Let’s talk about the best cafes in Ho Chi Minh. There’s an incredible cafe culture in Vietnam, and coffee is a BIG DEAL! I spent 6 weeks in Vietnam’s biggest city, and having many excellent options for my daily dose of caffeine was a huge plus. As a digital nomad, having so many laptop-friendly cafes in Ho Chi Minh was also beneficial. I was never short of a great cafe to work from as there’s a great mixture of larger chain coffee houses and independent cafes to be found all over the city. Best Cafes and Coffee Shops in Ho…
Analysts say this is likely more of a one-off than a sign that LP interest in venture is waning. The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the pension system’s private equity portfolio, to between 5% and 25%. LACERA’s venture portfolio is currently 10.8% of the PE portfolio. It’s a somewhat puzzling move, as that subset has been tremendously successful, with a…
The former president must either pay the full amount in cash or secure a bond to continue his appeal.
Source: ABC News YouTube There is reportedly a “rivalry” between Joe Biden and Barack Obama that goes back many years, with the current president frequently comparing himself to the former one. Stephen Miller says, Barack Obama is running a shadow government using Joe Biden as the puppet mouthpiece. RT Please👍 Do you agree with Miller? If YES, I want to follow you!!! pic.twitter.com/242XKyXJti — White Man (@wman132) March 18, 2024 Obama And Biden’s ‘Rivalry’ “Obama would be jealous,” Biden has allegedly said in the past “when speaking about a perceived accomplishment,” according to two Biden aides who spoke with Axios. …
The rise of AI has left many investors—or maybe we should call them speculators—desperately searching for tech stocks that will allow them to share in Wall Street’s modern-day gold rush. It’s a fear of missing out dynamic that typically coincides with market bubbles, although the debate over whether we’re currently in a bubble is still underway. Now, Nvidia’s giant AI conference, GTC 2024, could add fuel to the FOMO fire this week, drawing in even more money to AI-linked stocks, according to Ed Yardeni of Yardeni Research. “We could see a scenario in which FOMO buyers jump into Nvidia…
Israel asks the UN court to reject South Africa’s request for more emergency orders in the Gaza genocide case. Israel has asked the International Court of Justice (ICJ) not to issue emergency orders for it to step up humanitarian aid to Gaza to address a looming famine, dismissing South Africa’s request to do so as “morally repugnant”. In a legal filing to the top United Nations court, made public on Monday, Israel said it “has real concern for the humanitarian situation and innocent lives, as demonstrated by the actions it has and is taking” in Gaza. Lawyers for Israel denied…
In "Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans," investigative journalist Peter Schweizer continues his groundbreaking scrutiny of what he portrays as the wide and deliberately subversive influence of China on American politics and society. His reporting — ranging from the deadly fentanyl trade to America’s social justice movement to its medical establishment — heavily implicates American elites across the spectrum, from the Bidens and their suspect Chinese connections to those of Senate minority leader Mitch McConnell and his wife, Elaine Chao.