Holders of dollars will see their purchasing power plummet, which is not a good thing for ordinary Americans if the US loses reserve currency status, and the fault will lie with the decades of monetary and fiscal mismanagement made possible by the dollar’s status as a global reserve currency. Earlier
Budweiser CEO Michel Doukeris finally addresses the scandal, telling investors there is “misinformation” spreading on social media about the company’s team-up with Mulvaney. Anheuser-Busch CEO Michel Doukeris addressed the Bud Light controversy on an earnings call with investors Thursday, downplaying the brand’s partnership with transgender influencer Dylan Mulvaney that prompted a boycott from
After shares in Western Alliance had fallen 45% in volatile trading before being halted, Western Alliance Bank has become another one to go, as three U.S. regional banks have failed in the last two months. Western Alliance WAL.N is exploring strategic options including a potential sale of all or part of its
A Politico article reported that Joe Biden pointed out Steve Clemons to then-Chinese Vice President Li Yuancho as “a very important man,” which suggests that Clemons is Biden’s man in China. Who is Steve Clemons? No, really — who is he? Or better yet, who is he working for? In
In spite of having the lowest approval rating of any modern vice president, Kamala Harris has been appointed as the “AI Czar” to protect the US from the threats posed by artificial intelligence. The White House announced a plan to crack down on artificial intelligence (AI) on Thursday — amid
A team in France announced today a new explanation that might be the final piece in the solar system stability puzzle. If Konstantin Batygin liked to gamble, he would stake that the latest explanation for the Solar System’s stability—which a team in France announced today—will not be the final word
According to police sources in the city, due to Chicago’s sanctuary city policy, police precincts have turned into unofficial migrant shelters. Undocumented migrants in Chicago have begun spilling into the hallways of police precincts and are sleeping there, a new report says. Police sources in the city told Fox News it was
A director at a DRDO research unit based in Pune named Pradeep Kurulkar was arrested for sending crucial intelligence to Pakistan. A scientist employed at India’s esteemed Defence Research and Development Organisation (DRDO) has been arrested by the Maharashtra Anti-Terrorism Squad (ATS) on charges of allegedly providing crucial information to a Pakistani
The Financial Times has reported that a mysterious Mumbai-based company named Gatik Ship Management has been shipping large quantities of Russian oil. A mysterious Mumbai company registered as an exporter only on March 31 this year, has grown into a giant of international oil shipping in the last 18 months, Financial Times has