Financial Intelligence

How Much Does The US Depend On Russian Uranium? 1

How Much Does The US Depend On Russian Uranium?

Statistics from the US Energy Information Administration have revealed how much the US depends on Russian uranium, with it accounting for nearly 25%. A restriction on the importation of Russian uranium was just passed by the US House of Representatives. Before becoming law, the bill needs to pass the Senate.

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After The Suez Canal, Is The Panama Canal Next? 1

After The Suez Canal, Is The Panama Canal Next?

After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought. On a recent day, more than fifty ships—from cargo ships loaded with food to tankers transporting propane—were waiting to pass through the Panama Canal. Longer

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Russian Oligarch’s Yacht Cost US Taxpayers $1 Million A Month 1

Russian Oligarch’s Yacht Cost US Taxpayers $1 Million A Month

The yacht “Amadea,” owned by Russian oligarch Suleiman Kerimov, who is under sanctions, costs US taxpayers $1 million a month. According to recent court documents, maintaining a mega-yacht that American authorities bought from a Russian tycoon is costing the government close to $1 million every month.The U.S. Department of Justice

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VICE Shuts Down Website And Lays Off ‘Hundreds’ Of Staff 1

VICE Shuts Down Website And Lays Off ‘Hundreds’ Of Staff

VICE shuts down its website, laying off ‘hundreds’ of staff, and will “transition to a studio model” as part of “fundamental changes to our strategic vision.” Vice.com’s CEO made the announcement late on Thursday that the company had stopped creating new content and fired several hundred staff members. The outlet,

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Reddit To Go Public, Files For IPO 1

Reddit To Go Public, Files For IPO

According to Bloomberg, as the social media company continued to lose money, Reddit filed for an IPO to go public. Tens of millions of people use the community-focused message board site Reddit every day, and on Thursday afternoon, the site submitted an S-1 form to the Securities and Exchange Commission.

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Which Countries Have The Largest Gold Reserves? 1

Which Countries Have The Largest Gold Reserves?

Based on data from several sources, the countries with the largest gold reserves are the USA, Germany, and Italy. As a hedge and a store of value, gold continues to be significant in times of economic uncertainty. 2023 saw the metal set a new record in December, demonstrating its significance

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