Bank Of Russia Calls For Ban On Crypto Mining And Trading
01/20/2022 11:28 AMLike many governments, Russian financial regulators have had a complicated relationship with cryptocurrencies. Back in October, Russian leader Vladimir Putin praised cryptocurrencies as a possible tool to help dismantle the global dollar-based financial system. That...
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Bank of America predicts Tesla’s EV market share in the US will drop to 19% in two years
01/20/2022 10:59 AMTesla has dominated electric vehicle (EV) sales in the US. The Texas-based automaker held a commanding 79% share of the EV market in 2020. That number dropped a bit in 2021, down to 66.3% through the first half of the year, according to registration data from...
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England Ends All COVID Passports, Mask Mandates, Work Restrictions
01/19/2022 2:13 PMRestrictions including COVID-19 passes, mask mandates, and work-from-home requirements will be removed in England, UK Prime Minister Boris Johnson announced on Wednesday. Johnson also suggested that self-isolation rules may also be thrown out at the end of March as...
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Fruit and veggie outages in Canada get worse with trucker shortages
01/19/2022 1:51 PMExtreme weather and supply-chain snarls are among the reasons for shortages in grocery stores. Here’s another: Unvaccinated truck drivers. In Canada, where as much as 90% of the country’s fruits and vegetables come from the US during the winter, a vaccine mandate for...
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Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss
01/18/2022 1:16 PMBitcoin (BTC) hodlers face a crucial week in more ways than one as $42,000 rekindles a familiar battle. As noted by on-chain analytics firm Glassnode on Monday, 30% of the BTC supply is now at a loss — historically, this has been a key number to defend for bulls....
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Canadians’ financial confidence plunges to record-low: Report
01/18/2022 11:04 AMThe cost of living is rising, and the added burden is weighing heavily on Canadians’ view of their personal finances. A new report published today (Jan. 17) shows that confidence in meeting everyday expenses and reducing debt has weakened in the first quarter of 2022...
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Big Fat Idea – Mortgage Check Time
01/17/2022 3:10 PMKyle Green of the Green Mortgage Team joins Mike to share the latest numbers on variable and fixed options, whether you should try and renew early, blend and extend or something completely different. And a sooner rather than later heads up for folks purchasing rental...
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Trading Desk Notes For January 15, 2022
01/17/2022 2:55 PMPeak Fed Hawkish – Or Minsky Moment? Peak Fed hawkish means the markets have WAY over-anticipated the consequences of Fed tightening (the Fed will stand down) – Minsky moment means there has been a sea-change at the Fed, and you ain’t seen nothing yet! Both opinions...
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Canadian Cities Have Seen Up To 90% Of New Real Estate Supply Scooped By Investors
01/17/2022 2:42 PMCanadian real estate is being scooped up by investors with excessively cheap credit. Ownership data for residential real estate across four regions show a significant share owned by investors in 2020. What’s most impressive is how fast this trend must have...
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Report: Athletes in Beijing Games Urged to Use Burner Phones, Disposable Computers
01/17/2022 2:06 PMAthletes from multiple countries—including Canada—were urged to leave their cell phones and laptops at home due to high risks for cyber spying at the 2022 Beijing Winter Games. The Olympic Committees for the United States, Netherlands, Great Britain, Australia and...
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