Base B.C.’s new economic plan on fiscal realities, not PR buzzwords
12/23/2021 2:08 PMLast summer, the BC NDP government retained Mariana Mazzucato, a celebrity academic who is a professor at University College London (UCL), “to advise on the future of the economy as B.C. develops a long-term … plan that will steer the province through the...
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Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says
12/23/2021 12:23 PMCriminals have stolen close to $100 billion in pandemic relief funds, the U.S. Secret Service said Tuesday. The stolen funds were diverted by fraudsters from the Small Business Administration’s Paycheck Protection Program, the Economic Injury Disaster Loan program and...
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How Fauci and Collins Shut Down Covid Debate
12/22/2021 1:19 PMIn public, Anthony Fauci and Francis Collins urge Americans to "follow the science." In private, the two sainted public-health officials schemed to quash dissenting views from top scientists. That's the troubling but fair conclusion from emails obtained recently via...
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Schachter’s Eye on Energy for December 22
12/22/2021 1:06 PMEach week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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China is mining bitcoin underground: Report
12/22/2021 11:55 AMAccording to a report by CNBC, bitcoin miners have found ways to keep operating in China despite the country’s comprehensive efforts to crack down on the industry. China used to be the country with the most significant share of hashrate. But that began to change in...
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The GOAT and the COAT
12/22/2021 11:31 AMRarely has a company done so much and received so little respect! A year ago Adcore was undervalued trading at 3X revenue. Now, after posting three consecutive quarters of 200%ish YoY growth, the company trades at just over 1X revenue. Seriously! How is this possible?...
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Dormant Bitcoin wallet holding 321 BTC activated after eight years
12/21/2021 11:06 AMA Bitcoin wallet containing millions of dollars worth of Bitcoin has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. The wallet had not been used since 2013, barely a few...
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Ottawa will challenge higher duties on Canadian lumber into U.S.
12/21/2021 10:59 AMOttawa is challenging higher duties imposed on Canadian lumber imported into the United States, in the latest turn in a trade dispute that has persisted for decades between the two countries. The challenge will be filed under the terms of the new North American free...
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Lithium miner’s woes may exacerbate strain in EV supply chain
12/21/2021 10:51 AMPilbara Minerals (ASX: PLS), one of Australia’s top lithium miners, slashed its forecast for shipments, further exacerbating tight supply for the key ingredient in electric-vehicle batteries. The Perth-based company cited a raft of issues — from delays in...
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Trading Desk Notes For December 18, 2021
12/20/2021 12:36 PMAre you de-risking into yearend? Day-to-day and intra-day price action since Thanksgiving Friday has been very choppy. Big Cap Tech has been fading. Are Portfolio Managers de-risking before yearend to preserve stellar track records? Big Cap Tech fading? Big Cap Tech...
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