The Democratic House Speaker said if a deal isn’t reached by Tuesday evening, a package won’t be likely before Nov. 3. Source link
Bust
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Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank. Source link
Michigan Gov. Gretchen Whitmer addresses the state during a speech Thursday in Lansing. Thirteen members of two militia groups face criminal charges after allegedly plotting to kidnap Whitmer. AP hide caption toggle caption AP Michigan Gov. Gretchen Whitmer addresses the state during a speech Thursday in Lansing. Thirteen members of two militia groups face criminal charges after allegedly plotting to kidnap Whitmer. AP The news raced through the encrypted chats of leaders in the far-right militia movement: The Feds got Barry Croft. Croft, one of 13 men charged Thursday in connection with a domestic terrorism plot to kidnap Michigan Democratic Gov. […]
Google Contractor Moving Work From Pittsburgh To Poland To Bust Union By Mike Elk, Payday Report. October 9, 2020 Google Contractor Moving Work From Pittsburgh To Poland To Bust Union2020-10-092020-10-09https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/10/googlephoto.jpg200px200px Pittsburgh, PA -Today the NLRB charged Google Contractor HCL with moving work from Pittsburgh to Poland, citing that the move was a way to bust the newly formed Pittsburgh Association of Tech Professionals. The NLRB Region 6, based in Pittsburgh, charged HCL with breaking labor law and refusing to negotiate a bargain in good faith with the Pittsburgh Association of Tech Professionals. Most egregiously, the NLRB charged HCL with moving work to lower-paid […]
Federal prosecutors on Thursday announced the arrest of six men who allegedly plotted to violently overthrow the government and kidnap Michigan Gov. Gretchen Whitmer. The half a dozen men were arrested Wednesday night after the FBI and Michigan State Police reportedly spent hours raiding a Hartland home. The arrest came after investigators uncovered an alleged plot that involved reaching out to members of a Michigan militia, according to a federal affidavit filed Thursday. “Several members talked about murdering ‘tyrants’ or ‘taking’ a sitting governor,” an FBI agent wrote in the affidavit, as first reported by The Detroit News. “The group decided […]
The US Department of Justice has announced charges for nearly 350 suspects in a sweeping bust linked to healthcare fraud. Among them are scores of medical professionals accused of scamming federal programs and private insurers. The DOJ went public with the nationwide takedown on Wednesday, saying it had filed charges against 345 defendants across 51 federal districts, including more than 100 doctors, nurses and other healthcare workers. “These defendants have been charged with submitting more than $6 billion in false and fraudulent claims to federal health care programs and private insurers,” the department said in a statement, noting that a flurry […]
As relations between the world’s two major economies, the US and China, continue to deteriorate, RT’s Boom Bust talks to Professor Richard Wolff about what’s really going on. “What we’re seeing is mostly posturing by Mr. Trump for domestic electoral votes,” he says, adding that the US president thinks the bashing of China could gain him some kind of support. “This is a way of keeping attention, positioning himself for the American market as a ‘tough guy’ but for the rest of the world as seeking some kind of accommodation.” Wolff adds that “Once the election is over, whoever wins will […]
A Black Lives Matter/Antifa mob gathered in downtown Denver on Saturday to bust windows, destroy property and fight police.Democrats in their silence support this. Antifa brought their own hammers to bust out all of the business windows in the downtown. Antifa are smashing the windows of every storefront in Denver, Colorado. pic.twitter.com/mhw2xxeSjw — Ian Miles Cheong (@stillgray) August 23, 2020 TRENDING: Police Make Second Arrest in Attack on 7-Year-Old Trump Supporter Outside of DNC Convention Family business owners came out to clean up the destruction by the violent leftist mob. The owners of the Quiznos arrived to clean up. The restaurant […]
The Trump administration’s decision to close down China’s consulate in Houston is just another example of “political theater” that could bring more pain to the US economy in a time of crisis, according to Professor Richard Wolff. The host of Economic Update sat down with RT’s Boom Bust to discuss the deteriorating relations between the world’s two biggest economies. Wolff believes that profits of American corporations will fall victim to the ongoing rift. He also stressed that, as well as inflicting losses on US businesses, Washington’s aggressive policies against China could hike prices and hurt American consumers. “The United States needs […]
Expropriation Or Bust By Colin Jenkins, Hampton Think. July 17, 2020 Expropriation Or Bust2020-07-172020-07-17https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/07/billionaires.jpg200px200px Above photo: Getty images. On the illegitimacy of wealth and why it must be recuperated. This is dedicated to Kwame Somburu, scientific socialist, William F. Buckley-slayer, thorn in the side of “mental midgets,” lifelong advocate of “herstory,” mentor, and friend. “Along with the constantly diminishing number of the magnates of capital, who usurp and monopolise all advantages of this process of transformation, grows the mass of misery, oppression, slavery, degradation, exploitation; but with this too grows the revolt of the working class, a class always increasing in […]
Metal prices, including gold and copper, have been rallying during the Covid-19 pandemic. Gold has gained over 15 percent since March, while Industrial metal copper has surged 35 percent over the last four months. RT’s Boom Bust is joined by CEO of Euro Pacific Capital Peter Schiff, who projects that all the metals will be driven much higher by inflation. The veteran stockbroker says he is “bullish on copper,” adding that for different reasons he is also bullish on gold, which is used in industry too – though not as widely as copper. The factor driving gold prices higher is that […]
Chinese police have seized over $15 million in crypto and supercars worth $2 million from the alleged operators of a novel scam that sold counterfeit tokens. In an article published Thursday, China’s Ministry of Public Security, which oversees the country’s police forces, said police in the city of Wenzhou has arrested 10 individuals suspected of operating the fraudulent scheme. The criminal case is the first in China where victims were allegedly scammed using blockchain smart contracts to generate fake cryptocurrencies, the ministry said. Police seized amounts of the bitcoin, ether and tether cryptocurrencies with a total worth of over 100 million […]
The Trump administration’s anti-China policies, including tariffs and attacks on telecoms giant Huawei, have forced the Chinese government to tighten its grip over Hong Kong, an analyst tells RT. Speaking to RT’s Boom Bust on the developments in the Chinese territory after Beijing imposed its national security law, Jeffrey Tucker of the American Institute for Economic Research said that it’s unclear how the bill will affect the economy. Some businesses operating in Hong Kong are now concerned that they could be found violating some provisions of the law, and face penalties varying from fines to confiscation of funds. “The US has […]
The probe was launched after postal police investigators discovered photos of nude minors and other “horrifying” content, depicting actual sexual violence where the victims were often infants. Italian police have broken up a sizeable child pornography ring in which sexual photographs and videos of children, including newborns, were shared via instant messaging, according to the Guardian. The bust involved dozens of home raids and led to the arrests of three people for possessing “huge quantities of pornographic material depicting minors” – in all, 50 people are reportedly currently under investigation. In some cases, the pornography was produced in the homes of […]
Mike Padgham, chair of the Independent Care Homes Group (ICG), explains why many care and nursing homes in England and Wales were already on shaky ground, financially speaking, even before the outbreak of the coronavirus disease 2019 (COVID-19). Padgham runs four separate care homes as well as provides voluntary support and representation to other providers via the ICG. Sputnik: You have been warning of care and nursing homes “closing in the wake” of the COVID-19 pandemic. Why do you think that’s a real possibility? Michael Padgham: We have been warning for many years that due to chronic Government under-funding, the social care sector […]
Bitcoin is one of the only sources of funding available for the “pirate” science site, Sci-Hub, which is quietly engaged in war against copyrights. Despite Bitcoin’s ability to disintermediate money from politics, a new quantum computer may eventually crack its code. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Top shelf A Quiet RevolutionAlexandra Elbakyan, the founder of Sci-Hub, a database of over 80 million articles from academic journals usually locked behind subscription services, is fomenting a […]
Somehow we missed this during the choas of last weekend. Advertisement – story continues below Protesters (peaceful) and looters hit Long Beach last weekend. A group of looters were then filmed escaping the building during a live shot on ABC7. The looters are heard banging on the windows from the inside and then blasting through the glass and over the wood construction barrier. They managed to escape with their booty as police stood and watched. TRENDING: CNN Guest Proposes Abusing White Children in Wake of George Floyd’s Death, “White Kids Don’t Deserve Innocence” (VIDEO) Via ABC7: Advertisement – story continues below […]
14 per cent of Small and Medium-Sized businesses won’t have enough cash ‘to last four weeks of lockdown’, according to the latest business survey conducted by two country-wide accountancy networks with tens of thousands of members. 99 per cent of all UK employment is within Small and Medium-Sized Enterprises (SMEs), businesses employing 250 people or less. The Association of Certified Charters Accountants (ACCA) UK and the Corporate Finance Network (CFN) produce weekly reports tracking the financial health of SMEs in the UK amid the COVID-19 lockdown. ACCA UK explains to Sputnik that while there has been much effort from the government […]
While revoking Hong Kong’s preferential treatment may be catastrophic for the city’s financial system, the move could also backfire on the US itself and even challenge the dollar, Boom Bust has learned. On Friday, US President Donald Trump said he would end the special trade relationship with Hong Kong and impose sanctions on Chinese officials who backed the recent national security law. For the former British colony, the move could mean that it will become subject to US tariffs on China and lead to the city’s demise as one of the major global financial hubs. “Most importantly there is a free […]
The United States has issued a new regulation aiming to limit chip exports to Chinese tech giant Huawei. The firm said its business will “inevitably be impacted” and that “survival is the key word” for the company at present. RT’s Boom Bust is joined by John Quelch, Dean of Miami Business School, to talk about the future of US-China relations. Huawei will be able to survive, Quelch says, adding that Washington aims to slow down the Chinese company’s efforts to globally dominate the 5G market. “The consumer division of Huawei accounts for about 50 percent of its total sales, and this […]
As part of the ‘phase one’ trade deal, Beijing on Tuesday issued a new list of US products to be exempt from trade tariffs. This came as the US threatened to terminate the deal if China fails to meet its purchase commitments. RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading and the CEO of Transformity Research Tobin Smith to talk about the possibility of ‘phase two’ and which of the two countries is best positioned when it comes to trade deals. China will not adhere to this deal, says Horwitz, noting “they’ve already got the WHO and the […]
Opinion 16:13 GMT 10.05.2020Get short URL The newly released House Intelligence Committee transcripts have dealt yet another blow to the Trump-Russia collusion narrative, international political observers say, suggesting that the recent disclosure and forthcoming publications will help establish that there was no Russian meddling in the 2016 US elections whatsoever. On 7 May, the House Intelligence Committee released 57 transcripts of interviews held between 2017 and 2018 as part of the Russia investigation. However, the publication does not appear to have played out in the way the committee’s chairman, Adam Schiff, planned in March 2018. At the time, he lambasted the […]
The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a record $2.99 trillion this quarter, and launch a 20-year bond. RT’s Boom Bust talks to former Federal Reserve insider Danielle DiMartino Booth about what all that means for the future. “We’re starting to see the actual numbers come out. It’s no longer $25 trillion of debt in theory…” she said. “This is reality, folks. The Treasury will have to borrow a lot of money, and it’s a unique time when the […]