30 Burst results for "February 2022"
Tech Path Crypto
A highlight from FTX Saga Finally Over! SBF Found Guilty | Bitcoin + Macro Economy Update
"All right, let's dive into a little bit of what's happening in the crypto markets today. Obviously, SPF in the news. We'll talk about how maybe that will affect or could affect some things within the crypto market itself. It's going to be a good one. My name is Paul Baron. We'll come back into Tech Path before we get started thanking our sponsor, and that is iTrust Capital. We'll get into your own self -directed crypto IRA. This is one of the places you can do it. And they've got a lot happening over there. You can get into everything from Bitcoin to Ethereum, along with a ton of altcoins. Or you can go into gold and silver. Now 200 ,000 accounts, $7 billion in transactions. This is a great place to start. If you guys want to use our link down below, you'll get a $100 funding reward. Just use that and you can kind of get started over there. Let's lead off here. I want to kind of jump to a story here. On the jobs report, which just came out, soft jobs report fails to dampen the Bitcoin enthusiasm. And of course, Bitcoin's still holding its own. Many people looked at this and said, well, maybe there's going to be some market adjustments down. And really, if you look at some of the details within this, Bitcoin obviously a little bit flat right now, but the key here is 150 ,000 non -farm jobs in October, less than the fact set that everybody was forecasting, which was 180. So unemployment rose to 3 .9, which is up slightly. Now, remember Chair Powell has been holding rates as they are for the Fed front rate. A lot of this has been because of this kind of precarious situation around data that's been coming in. And I think to a certain extent, Powell, and I talked about this earlier in the week, a little confused on why are we not seeing a reaction from the market? Well, maybe this is the beginning. So obviously higher unemployment, lower jobs definitely could show cooling. All right, some other things in the article here, Powell said that while the move may slow hiring and economic growth, the central bank needs to remain focused on keeping inflation in check. It sounds to me like he's looking for a much deeper cut in terms of jobs. Open interest for Bitcoin call options, 40, 45 and 50K are now growing. So a lot of people looking at this as potentially a push up, we'll see. Let me know down in the comments below if you guys think Bitcoin is going to start to move on an uptrend here. Even though sentiment has kind of been flat and sideways, much like Bitcoin itself, with these kinds of numbers and continuation of seeing the market kind of react to this, we may see some movement here within the crypto markets. Another thing here, COBICI letter, highest unemployment rate since February 2022. Let me zoom in on that for you guys.
The Breakdown
A highlight from The SEC Drops the Ripple Case: How Big A Deal Is This?
"Most of the crypto industry kind of is at the point of just a plague on all your houses. Burn it to the ground and let something new be built in its stead. There is not a lot of sympathy or compassion or patience left among regular crypto industry participants for all of these people who ended up causing such catastrophic destruction. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Friday, October 20th, and today we are talking about the SEC dropping the Ripple case and the New York attorney general suing DCG. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review. Or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, there is some serious excitement to close out this week. And no, I'm not even talking about JP Morgan's report that an ETF is likely to be approved in the next few months or Bitcoin's morning rally up above thirty thousand dollars. What I'm talking about, or at least where we want to start, is with the SEC dropping the Ripple case. Specifically, the SEC will no longer pursue allegations against Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen. The pair had been named as additional defendants in the Ripple lawsuit, with the SEC alleging that they had aided and abetted the company in violating securities laws. The issue was the sole outstanding matter in the Ripple case after the judge ruled that this part of the lawsuit should continue to a full trial due to disputed facts. Other matters were decided back in July, with the judge finding that public sales of XRP tokens on exchanges, as well as distributions to staff and subcontractors, did not constitute the sale of unregistered securities. Now, the court did hold that sales of XRP tokens to institutional investors did satisfy the Howey test and were, therefore, considered sales of unregistered securities. The SEC's Thursday filing said that the regulator would continue to pursue its claims against the company. Earlier this month, the court ruled that the SEC could not put forward an appeal of the Ripple decision until all outstanding matters were resolved. Now that next April's trial has been vacated, the path is cleared for an imminent SEC appeal of the decisions which went against them in July. Ripple, for their part, is treating this decision to abandon further claims as another small in their ongoing battle with the SEC. A press release from the company characterized the actions as a surrender. Garlinghouse said in a statement, For nearly three years, Chris and I have been the subject of baseless allegations from a rogue regulator with a political agenda. Instead of looking for the criminals stealing customer funds on offshore exchanges that were courting political favor, the SEC went after the good guys. He added, We look forward to the day this chapter is closed once and for all, now that the SEC has dropped the curtain on their absurd theatrics against Chris and me. Larsen said, Indeed, he went on and called the SEC's lawsuit, As well as dealing with an anticipated appeal, Ripple will also now need to pay penalties for their illegal sales of XRP tokens to institutional investors. The SEC filing said that the parties plan to meet in order to negotiate a settlement. They will set out a briefing schedule in November to proceed on a contested basis if no agreement is reached. This appears on the face of it to be a very good thing. And that may be true, but it's also maybe not the thing that it initially seems. Catherine Kirkpatrick, the chief legal officer at CBOE, wrote, This means they can proceed to appeal the Ripple decision much sooner. Otherwise, they would have had to wait until the conclusion of that trial in late spring. Gabriel Shapiro from Delphi Digital says, Now, once this interpretation got out, that the SEC was so focused on wanting to appeal the other part of the decision that they were willing to drop the charges against the execs, some people started to point out that that also seemed a little nuts. Alliance Dow's Jason Franek wrote, This is insane if true. It's equivalent to the SEC saying that either A. The exec lawsuit was weak or even frivolous or B. We think the execs broke the law, but we don't care. We'd much rather rush to appeal so we can crush the crypto industry at large. If the latter, it's emblematic of how a regulator at war with an industry would behave. Mike Vafchak, also of Alliance Dow, said, They have abandoned any pretense of neutrality. They don't give an F. Of course, that's not what the Ripple execs did. They are not bad actors. But that's what the SEC claims they did, what they argued in court, what they said before Congress. They don't care about protecting investors. They don't care about you. They care only about their power. Now, there is one other interpretation as well. On Jacob's post that I just read a moment ago, consensus lawyer Bill Hughes wrote, Or they hate trials. That interpretation was reinforced by Elliot Stein, senior litigation analyst at Bloomberg, who said, Now, it's not at all clear to me that the SEC can actually competently run a contested trial. Remember, we haven't actually seen them run a trial under Gensler, only pretrial motions and settlements. It may be that they just never had the stomach for it. And when it was headed that way, they had to back off. However, another legal action popped up at the end of this week, and we will come to that just after this quick break. Today's episode is brought to you by Kraken. For far too long, the whole financial system has been standing still, too slow, only on for certain hours, overly designed for some types of people, but not for others. Crypto, at its best, represents progress. It asks the question, what if? It invites people in instead of leaving them out. It's on 24 -7, 365, and moves at the speed of real life. Not everyone believes it. We've got our fair share of detractors, but that's the way it always is when you're building something new. Kraken is a crypto company that has been through the highs and lows of the industry, facing forwards towards progress throughout. And now they're inviting us to see what crypto can be. Learn more at kraken .com slash the breakdown. Disclaimer, not investment advice. Crypto trading involves risk of loss. Cryptocurrency services are provided to U .S. and U .S. territory customers by Payword Ventures, Inc., PVI, DBA, Kraken. New York Attorney General Letitia James has filed a lawsuit against Gemini Trust, Genesis Global Capital, and Digital Currency Group for allegedly defrauding 230 ,000 investors out of more than a billion dollars. Also personally named as defendants in the lawsuit are DCG CEO Barry Silbert and former Genesis CEO Michael Morrow. James is seeking to ban Gemini, Genesis, and DCG from participating in the financial investment industry in New York. Now, A .G. James has definitely been rapidly filing lawsuits over the recent months with active litigation against CoinX, KuCoin, and Celsius founder Alex Mashinsky. The allegations here relate to the events surrounding the Gemini Earn product. The lawsuit claims that Gemini lent funds to Genesis, which is owned by DCG. These funds were then lent to counterparties, including now bankrupt trading firms 3ROS Capital and Alameda Research. It's alleged that these counterparty failures left Genesis with a $1 .1 billion loss. Now, it's not illegal for loans to fail and cause a lender's book to collapse. What James is alleging is that both Gemini and Genesis knew about the state of the lending business as it deteriorated and actively misled investors about the risks being taken. The lawsuit claims that Gemini knew Genesis was lending on an under -collateralized basis and had excessive concentration of loans to a single counterparty in Alameda Research. The allegations state that Alameda made up 60 % of Genesis's external loan book in July 2022 and that loans were mostly secured by FTT tokens, which of course collapsed in value surrounding the failure of FTX. Both Morrow and Silbert are accused of defrauding the public by attempting to conceal heavy losses which would be borne by investors. The lawsuit claims that the pair disguised $1 .1 billion in losses through a months -long campaign of misstatements, omissions, and concealment. It alleges that tweets sent by DCG and Genesis following the bankruptcy of Three Arrows Capital were false, misleading, and omitted material facts. The complaint claims that DCG did not simply assume the $1 .1 billion open -term liability related to Three Arrows, which could be called at any time. It replaced that liability with an illiquid 10 -year promissory note. Internally, a Genesis officer objected to claiming to counterparties that they had absorbed the loss because they would be unable to defend this statement from any level of scrutiny. Now, for Gemini's part in the deception, the lawsuit claims that even after Gemini decided to terminate Earn and provide formal notification to Genesis Capital, Gemini continued to take tens of millions of dollars worth of additional cryptocurrencies from Earn investors. These additional investments were passed on to Genesis while at the same time, Gemini employees were closing out their personal positions, according to the allegations. The suit claims that Gemini's internal risk management framework fall well short of their pledge to customers, and in fact, that Gemini had internally downgraded Genesis's risk rating to junk status in February 2022 and sought to terminate the Earn program in September. According to the complaint, these were material facts for investors which Gemini had an affirmative duty to disclose. Finally, while both Gemini and Genesis claimed to hold all necessary government licenses to operate their businesses, the lawsuit alleges that they should have registered under New York securities laws and failed to do so. A .G. James said in a statement, Now, of course, this lawsuit compounds active litigation for Gemini, Genesis and DCG. In January, the SEC sued Genesis and Gemini for offering unregistered securities in the form of the Gemini Earn product, a claim which the two firms are currently pushing the court to dismiss, saying that the details of securities offering are not sufficiently defined. And then, after negotiations broke down surrounding the Genesis bankruptcy, Gemini sued DCG and Barry Silbert in July. In terms of response, in a statement discussing this new lawsuit, DCG said that they had been, Silbert added that he was, Now, Gemini, for their part, tried to kind of have it both ways and say that this suit backed up what they had been saying about Genesis and DCG for a while, but they were, of course, innocent. They tweeted, of a massive fraud and systematically lied to by these parties about Genesis's financial condition. With that said, we wholly disagree with the NYAG's decision to also sue Gemini. Blaming a victim for being defrauded and lied to makes no sense, and we look forward to defending ourselves against this inconsistent position. Ryan Selkis from Masari summed up much of the community's reaction when he wrote, I'm no fan of the NYAG, but this is one of the most horrific and damning complaints I have read in crypto. Brutal, but I'm glad this final shoe has finally dropped. Separately, he also tweeted, The only difference between DCG and FTX is that FTX used QuickBooks. James Safart, an ETF analyst at Bloomberg, said, Historically, you'd say Genesis were the adults in the room, and it really did seem like it. But I feel like there is virtually no interest rate I'd be willing to accept using this stuff as such a large chunk of the collateral, not to mention such a large chunk of the book. Like if this stuff were disclosed, I suspect a lot of Gemini Earn users would have withdrawn their crypto from the program. I think overall, when it comes to this idea that Gemini are somehow the innocent victims here, the courts will prove whatever they prove and obviously Gemini gets to fight. But unfortunately for them, most of the crypto industry kind of is at the point of just a plague on all your houses, burn it to the ground and let something new be built in its stead. There is not a lot of sympathy or compassion or patience left among regular crypto industry participants for all of these people who ended up causing such catastrophic destruction. Now, of course, where a lot of people went was what this means for GBTC. Travis Kling, the founder at Aikigai said, This strikes me as enough for SEC to put GBTC conversion on ice, at least for now. And so that, friends, is I think the next thing to watch, whether we get any intimations of what will happen next in Grayscale's attempt to convert the Grayscale Bitcoin Trust into an ETF. Does the SEC approve another set of ETFs in advance and let the market do their work for them? That's kind of my base case, but we will just have to see. For now, that ends another crazy week in the wild crypto industry. One more big thanks to today's sponsor, Kraken. Go to kraken .com slash the breakdown and see what crypto can be. And until next time, be safe and take care of each other. Peace.
CoinDesk Podcast Network
SBF TRIAL: 10/02 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. It is officially trial week and as Bloomberg's Joe Wiesenthal would likely put it, this is why we get up in the morning. It's been exactly nine months and 20 days since Sam Bankman -Fried got arrested at his then home in the Bahamas. Today marks the last day before he is set to start the trial in which he will win back his freedom or be locked up for what a federal judge says could be a very long time. Thousands of pages of evidence ranging from internal documents to audio recordings will be presented and fought over in the next six weeks as US prosecutors try to prove that the former FTX founder knowingly defrauded customers and business partners. Arguably the most damning evidence or lack thereof could come from the recollections and personal opinions of Bankman -Fried's former colleagues, friends and housemates. Caroline Ellison, Nishad Singh and Gary Wang were close friends and roommates of Bankman -Fried as much as they were colleagues. Ellison was emotionally invested with the FTX founder and troubled by the former couple's on and off relationship which according to a diary entry from her slowly fizzled out in February 2022. Prosecutors also say they intend to call up FTX customers and investors including non -US customers over the course of the trial. On another note, do you remember when FTX suddenly announced it was hacked and lost some $600 million worth of crypto? This was the same day it filed for bankruptcy last November. A decent portion of those funds sat in a wallet for a few months and then started moving this weekend. Around 15 ,000 Ether worth around $26 million at Sunday night's prices moved out of a wallet through various routers and privacy tools between Friday night and Sunday morning. We never got an explanation for what exactly happened and how the exploit was carried out. I imagine federal investigators are probably closely tracking this episode. On a logistics note, Judge Lewis Kaplan ruled in favor of the DOJ's motion to prevent Bankman -Fried from getting into the weeds on what his lawyers may or may not have said about FTX's operations in his opening statement. However, Bankman -Fried's defense team can still raise the advice of counsel defense later on with notice to the court and DOJ. In court filings, the defense said the argument would be that FTX's in -house and external lawyers were part of decisions to use auto -deleting messaging platforms, set up legal entities in the US, loan funds to FTX and Alameda executives, and other aspects of the FTX -Alameda relationship. Want to follow along? Sign up for CoinDesk's new daily newsletter, The SBF Trial, bringing you insights from the courthouse and around the case. You can get the podcast each day right here by following the CoinDesk Podcast Network. Thanks for listening.
The Podcast On Podcasting
A highlight from Ep377: Follow This Principle To Start A Show Even If Youre Busy - Rasean Hyligar
"If anybody's thinking of starting a podcast or just me personally, when I started it off, I understood the first one's going to suck. Check out episodes like the first episode, the second episode, you'll see massive difference between when I started to where I am now. And the only way you're going to get there and really find your own personal style is by repetition. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. Quick disclaimer, the audio quality in this episode, at least on my end, is subpar. It's below average. It's not what I normally produce, but it was really good content with Rashaan. And so I still wanted to produce it. I made a mistake. I made a mistake by not following through with my checklist, which actually, if you check on the previous episode right before this, it's all about checklists. And I gave you 10, 11, 12, 13 options, ideas that could be on your checklist. So I want you to definitely check that last episode out. I think you're going to get value. And I hope that you'll give me some grace, some forgiveness that I made a mistake even after 900 -ish episodes that I published that I still somehow forgot to use the correct microphone. When I was recording this episode with Rashaan. Let's dive in right now and please give me your grace for how the audio quality on my end sounds. A lot of good content. Here we go. What's up, podcaster? It's your host, Adam A. Adams. And today we are with Rashaan Heilinger. And we're going to be talking a little bit about his podcast, his podcast journey, where he is. And if you're listening and you've got a podcast or you're thinking about starting a podcast and you're working full time, now would be a really good time to check into the episode because Rashaan is actually, he's got his own business started while working full time as an engineer. And he launched his podcast. I mean, he's put out over a hundred episodes. Rashaan, when did you start it again? When did you launch the podcast? I started my podcast in November of 2020. So a little bit into the pandemic. Oh yeah, that's right. Just a few months after. What happened for you to make the decision? I've got a couple of like follow up questions with that. So just think through this. You probably had a full time job. You didn't start the podcast right away. So what I'm curious about and what the listener might be curious about is how long had you been thinking about starting a podcast? How long had you had your side hustle business, coaching and mentoring entrepreneur men? Could you give us that story? Like why six months in a pandemic? Why not before and why not right at the pandemic? So the idea for the podcast started back when I was in college, right? But the idea for podcasting came a little bit obviously before the actual podcast was launched. And the idea was that I wanted to provide impact and provide value to a lot of people. Since growing up, I had a lot of advice given to me from my parents, from mentors, from different kinds of instructors, whether it was in my martial arts journeys or anything of that nature. I had a lot of advice and a lot of good tactical tips that were given to me. And I said, you know what? This is fantastic information. And I want to give this back to a bunch of people who are ready to be held accountable for the choices that they make. They know that their life is fully their control. They need to take a grasp of life by the horns and really, really strive to actually do what they want to do in their life. Whatever that may look like for you. Let's say you want to make a ton of money. You want to get to a certain body fat percentage. You want to maybe be the best public speaker, whatever that goal is for you. My goal is to say, let me give some tactical tips to be able to start you on that journey to say, okay, you have this goal. Let's break it down to the more minutia. What do you have to do on the day to day to get you up to that? And so thinking about how I wanted to start the podcast, the idea for that came around the January, February ish timeframe, same year 2020. So before being shut down in March, okay. You said the idea came when you were in college, put a date on that. When do you think you got that idea? So the idea I would say came maybe right around my winter break of college. Since when I started the podcast, I was still in college. I've since graduated now, but it started around December 2019 ish. I would put right around there. And then January, February, you're graduating. I graduated in may of 2021. Okay. And when did you start your engineering job as a systems engineer? I started that in February last year, February, 2022. All right. So you launched a business and a podcast while graduating college. Right. And at the end of graduating college with an engineering degree. Yeah. A lot of homework. Where are you working to? Did you have like a job while going to school? I did. Yes. So we did a couple of jobs. I worked first as a lab technician. Well, I don't know how far back you want to go. Yeah. How about from December of 19? Like were you working at that time? December of 19? Yes. I was working as a laboratory technician. I was working contracted there and I was working in their microbiology portion of the facility. So I worked there for a couple of years. From there, I moved over to becoming an engineering lab technician at a different company where I worked there for about seven or eight months or so. And then after that, I saw an opening for a full -time position at that company. And then I said, you know what? Let's do it. And so I put in my resume, went through the whole application process, yada, yada, yada. And now here we are. I'm still in that position right now. Okay. And what came first? The chicken or the egg? Okay. What I mean is did your business start or did your podcast start? Like you had an idea that you wanted to help people. And so did you launch a business? And then later you're like, Oh, a podcast would be helpful to add, or did you have a podcast and you're like, Ooh, maybe I should do a business or how did that go? Actually the latter, because a lot of people actually start their business first and then see podcasts as the marketing channel for that. I'm actually like the minority. When I figured I was actually flipped it because my mentality the entire time was I just want to give back a bunch of value to people. And I just want to be able to give, give, give, give, give. And then eventually I started giving a lot of that. And then people started asking me for more advice, whether it be Instagram, whether it be on LinkedIn, whether it be in person. And they said, Hey, I have a question about this. I have a question about that. And I'll say, okay, cool. And we could do that. And then I figured, you know what? A lot of people are asking me for help. I can probably build some kind of a business around this. Right. So that's what I started saying. Let me go ahead, launch into start working on my coaching program. And so that's where we are now today. So started from podcast, migrated that now into the business. And now it's funny because now we're starting to do that switch back where now it's going to start becoming more focused on the business. And then the podcast will now start becoming more of like a marketing thing. However, not say that the podcast will change in terms of the value that's given or anything like that. Cause I believe in being fully transparent, keeping that as free as possible valuable tactical evidence on that every single episode, as we call it, the fluff free guarantee. So I promise to keep it a hundred percent there and keep it actionable. So every time people listen to an episode, they say, Oh, I can write down this, or I could take down this. I can implement that. So that's not going to change at all. However, it would still be some extra information for people to say, Hey, if you want more information, I do have a program. I have some questions that are stemming from people that have a decent amount of money where money is not a big stress. And then there are others where it's like, I really, really have to be careful here because I don't want to spend too much on this.
Coin Stories with Natalie Brunell
A highlight from News Block: FASB Change Bullish for Bitcoin, Surging Oil Prices, America's Savings Slump, FTX Liquidations & Ripple Acquires Fortress
"Welcome to the CoinStories news block. I'm Nathalie Brunel and in the span of just 10 minutes, roughly the same time it takes to mine a new Bitcoin block, I'll provide you with concise, insightful updates on Bitcoin and the global financial landscape so you're well informed on the week's top stories. Everything you need to know, in one place, in one block. Let's go. Fair value accounting is officially coming to Bitcoin and this development could mark a turning point for the adoption of Bitcoin at the corporate level. The Financial Accounting Standards Board, better known as FASB, voted unanimously to adopt new rules that would require businesses to report their Bitcoin holdings at fair value, meaning at the current market value. This is a major improvement that will allow companies to recognize both losses and gains on their Bitcoin holdings, just like other financial assets such as stocks and bonds. Prior to this recent FASB decision, companies had to treat Bitcoin as an intangible asset and the way those are reported require the company to record the price it originally paid for the asset, so in this case Bitcoin, and then reassess the value each quarter. If the asset value goes down during that time, the company has to mark the loss on its balance sheet. This is called an impairment loss. But if the value of that asset increases during that time, companies cannot mark the value of the asset back up, so they get hit with all the price drops and don't get to benefit from any of the price gains. And for an asset as volatile as Bitcoin, this has made holding it very prohibitive for companies. When companies have to mark down the value of an asset on their balance sheet, it negatively impacts their earnings report, and earnings often drive a company's stock price, valuation, and overall performance. This problem prompted Bitcoin industry leaders to request that FASB create new rules that would require businesses to use fair value accounting. After FASB declined this request on three separate occasions, it is finally voted to change them. Businesses holding Bitcoin will now get to mark their Bitcoin holdings when the price goes up and down during a quarter, eliminating some of the impairment losses on their balance sheets, and allowing them to more accurately report the value of their Bitcoin. The new FASB rules will become mandatory for all private and public companies beginning in 2025. What used to be a barrier of entry for companies considering buying Bitcoin is now close to becoming a thing of the past. And it's developments like this in the bear market that lay the foundation for the coming bull market. Okay, so soon it will be easier for corporations to put Bitcoin on their balance sheets, and many will need to as we enter what many analysts believe will be a more inflationary decade. A major factor that will influence the inflation picture moving forward is the price of oil, and lately it has been surging. Crude oil is up nearly 25 % in the last three months alone and recently hit a 10 -month high. One reason for the price increase is the combination of increasing demand and falling supply. Last week, OPEC +, the organization of the petroleum exporting countries led by Saudi Arabia and Russia, announced they will extend their production cuts until the end of the year. This latest OPEC Plus announcement comes as global oil supply is at the lowest level since 1985. At the same time, world oil demand recently exceeded pre -pandemic levels and continues to rise. If the demand is rising and supply is dropping, the price will likely continue to go up. And oil is strongly correlated with CPI inflation because it is an important input in nearly all sectors of the economy, from the direct production of goods to transporting them and helping power global supply chains. And when oil prices rise, gasoline prices at the pump typically follow suit, and that's exactly what we're seeing today. The cost of gasoline is a significant expense for households, and prices at the pump have increased year over year for the first time since February 2022. This latest surge in the price of gasoline doesn't bode well for the White House or the Federal Reserve's fight against inflation. Last time gas prices rose, the White House fought that increase by draining the Strategic Petroleum Reserve to levels not seen in 40 years. And that's our nation's stockpile of oil reserves, meant to be used in case of emergencies. Now the SPR remains depleted, with gasoline prices rising once again. The price of oil remains an X factor in the inflation picture. If these supply and demand dynamics do not improve, we could be entering a period of sustained higher inflation, and in that environment, owning scarce hard assets like Bitcoin is one way investors could potentially protect their savings. And speaking of savings, U .S. households badly need the ability to save and store value into the future. Saving rates are at the lowest level since the global financial crisis. Despite this, people are still out there spending, even though things are getting more expensive. Credit card debt is now at record levels, and the average interest on those credit cards stands at a ridiculously high 28%. This is a worrying trend, and this only serves to increase the fragility in the overall financial system. People are putting things on credit cards because the level of excess savings accumulated during the pandemic has been dwindling. During and even after lockdown, stimulus checks and various fiscal programs sent money directly to consumers, resulting in about $2 trillion in excess savings for U .S. families. This cushion was super useful, especially as the cost of living began to soar over the last three years. But that cushion has been deflating. Households have steadily drained their excess savings for 23 straight months, and now, if the current rate holds, the Federal Reserve Bank of San Francisco expects these savings to run out in the current quarter. If we reach a point where these savings run dry, what happens next? More than half of respondents in a recent Bloomberg survey expect personal consumption to shrink by early 2024. This isn't great news for a consumer -driven economy and, ultimately, for employment. It has never been more evident that these households desperately need a money that holds its value over time and cannot be inflated away. And finally this week, let's touch on some crypto news affecting Bitcoin. Bitcoin's price remaining volatile, dropping back down toward $25 ,000. Some analysts are speculating this is related to fears over a potential liquidation of more than $550 million in Bitcoin connected to the FTX bankruptcy. On September 13, the U .S. Bankruptcy Court will decide whether or not to grant approval for FTX to liquidate billions worth of assets, including everything from cryptocurrency tokens to Bitcoin to beachfront real estate in the Bahamas. Many are speculating that FTX will obtain the green light. In July, FTX stated its intent to repay customers through a liquidation of its assets, so Bitcoin's recent price action could be related to the market beginning to price in this scenario. Another story that is increasing fear in the market is related to cryptocurrency custodian Fortress Trust. Surprising news came out last week that Fortress will be acquired by Ripple Labs, the issuer of XRP, for an undisclosed amount. The question became, why did Fortress sell now? News outlet The Block reported Monday that acquisition talks accelerated after it was revealed that Fortress client funds may have been compromised in a security breach involving a third -party analytics vendor. Fortress reported the incident in a string of tweets on September 7, stating that four Fortress customers were impacted by a security incident, but that no funds were lost. A spokesperson from Ripple told The Block that despite the security incident, the opportunity to buy Fortress made sense for Ripple in the long term, adding, Luckily, Ripple was in a position to act quickly to step in and make customers whole. That statement contradicts what Fortress has said publicly. So was there no loss of client funds as Fortress claims? And what would have happened to Fortress if Ripple had not been ready and willing to acquire the custodian? Now listen to this. BitGo CEO Mike Belshe summarized what happened on X, saying, When Fortress lost funds, they chose to omit facts about what happened, downplay the event, and conclude, most importantly, no funds were lost. Obviously, we now know this was not true. I guess what they meant to say is we believed we fixed the problem and we have taken steps to make sure clients are made whole, but those two statements are not even close to being the same. Now this situation certainly raises a lot of questions. In the aftermath of other high -profile cryptocurrency exchange and custodian bankruptcies, the market's appetite for this kind of news is extremely low. Some of Fortress' clients, including Bitcoin -only exchange Swan, confirmed that their customer's Bitcoin remains in insured cold storage wallets and did not move during this incident. Now we are still waiting for the full details of this acquisition and what exactly happened, but this serves as another important reminder of what can happen when investors trust third parties with their Bitcoin. We will say it again and again, not your keys, not your coins. Taking self -custody of your Bitcoin is the only bulletproof way for you to know with certainty that your Bitcoin is safe and free from counterparty risk. That's it for the News Block, your weekly Bitcoin and economic news update. I'm Nathalie Brunel. Make sure you're subscribed to Coin Stories so you never miss an episode. This show is for educational purposes and should not be construed as investment advice. Until next time, keep stacking.
KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
India-Russia Trade Relationship
"Hello friends, India and Russia to deepen trade and economic relations. Recently, India and Russia have agreed to deepen their trade and economic relations with Russia looking to increase machinery imports from India to improve the trade balance. The announcement of a potential free trade agreement, FTA, between India and Russia comes as the two countries are looking to further boost bilateral commercial ties. The FTA talks are significant in the context of economic relations between India and Russia. However, Western countries have called on India to distance itself from Russia over its invasion of Ukraine in February 2022. Russian Deputy Prime Minister and Trade Minister highlighted that road construction material and equipment, as well as chemicals and pharmaceutical products, are in high demand in Russia and he hopes this will create opportunities for Indian companies to increase their supplies to Russia. He liked the issue of payments in bilateral trade, which has deepened in the backdrop of Western sanctions on Russia. He also suggested that Russia would consider widening the use of national currencies and currencies of friendly countries. India has been keen on increasing the use of its rupee currency for trade with Russia. Indian Foreign Minister expressed hope that the FTA discussions would resume, saying that they had been disrupted due to the Covid -19 pandemic. He also highlighted the potential benefits of Russian technology for Indian businesses, while also addressing payment certification and logistics issues. The announcement of the FTA talks and the deepening of trade relations comes as India is also engaged in FTA discussions with Britain, the European Union and the Gulf Cooperation Council.
WCPT 820
"february 2022" Discussed on WCPT 820
"Your legacy. Visit ready .gov forward slash plan for the tools and tips you need to start your emergency preparedness plan today. Brought you to by FEMA and the Ad Council. www because facts matter. You are listening to WCPG 820. Take care. Bikra by the Pakistani musician Abdul Hassan. This is Democracy Now! democracynow .org. The War and Peace Report. I'm Amy Goodman with Nermeen Shaikh. We end today's show with a new report by The Intercept. Secret Pakistan cables document U .S. pressure to remove Imran Khan. It follows up on their recent story that begins, quote, U .S. Department State encouraged the Pakistani government in a March 7th, 2022, meeting to remove Imran Khan as minister prime over his position on the Russian invasion of Ukraine. The cable describes a meeting between the Pakistani ambassador to the United States and two State Department officials that Imran Khan has repeatedly cited as leading to his political ouster after a no -confidence vote in parliament believed to have been organized with the backing of Pakistan's powerful military. The meeting came after then prime minister Imran Khan arrived in Russia on eve the of its invasion of Ukraine last February 2022. He could be heard telling a Russian a official, time what I have come, so much excitement as he arrived in Moscow's airport. On the day Russia ordered the invasion, Khan went ahead with his scheduled meeting with President Putin.
Northwest Newsradio
"february 2022" Discussed on Northwest Newsradio
"The mercy of russian drones helicopters and artillery western analysts say the counter -offensive even if it won't end the war which started with russia's full -scale invasion in february 2022 i'm charles the tesla the taliban and afghanistan are curbing even more rights and freedoms for women correspondent donna water has the story the taliban are now banning women's beauty salons in a country that's already barred women and girls from education public spaces and most the taliban run virtue and vice ministry issued a letter dated june fourth they gave salons throughout the country a month's notice to wind down their businesses despite initial promises for a more moderate rule than during their previous stint in power in the late 1990s taliban the have imposed harsh measures since seizing afghanistan in august 2021 as u .s nato and forces were pulling out they've barred women from public places such as parks and gyms and cracked down on media freedoms the measures have triggered an international uproar increasing the country's isolation at a time when the economy has collapsed and have worsened a humanitarian crisis two challengers have arisen to do battle over who'll become the king of microblogging chuck palm has the story in today's tech report to new microblogging after about the market just in time to challenge twitter the apps are called spill and
AP News Radio
Russia orders arrest of prominent producer, director who criticized Ukraine war
"A Moscow court has ordered the arrests of prominent filmmaker Alexander Rodney and theater director Ivan fyre, for spreading false information about the Russian army. The initial court hearings against Rodney and thyroid were held on April 27th, but not reported by the court until this week, according to the court's press service, the two men who are outside Russia will be placed in custody once Russian authorities managed to detain them or get them extradited. Keith born Rodney left Russia after the start of the country's full scale invasion of Ukraine in February 2022 and has repeatedly spoken openly against the war in October 2022, Russia's justice ministry declared rough landscape of foreign agent. I'm Charles De Ledesma
AP News Radio
China's Xi calls for Ukraine peace talks to resume
"China's leader has called for peace talks over Ukraine after France's president urged him to bring Russia to its senses. At a joint news briefing in Beijing, China's Xi Jinping said resume peace talks as soon as possible in accordance with the purposes and principles of the UN charter taken to account the legitimate security concerns of all parties. She, however, gave France's president Emmanuel Macron, no assurances that he would use his close diplomatic relationship with Russia's president Vladimir Putin as leverage to push for peace, Beijing sees Moscow as a strategic partner in the face of U.S. domination in global affairs, whilst China's government has tried to remain neutral, it has given Putin diplomatic support and repeated Russian and has repeated Russian justifications for the February 2022 attack. I'm Karen Chammas
AP News Radio
Macron in China urges 'shared responsibility for peace'
"French president Emmanuel Macron says he wants to engage China towards a shared responsibility for peace in Ukraine when he meets Chinese leader Xi Jinping this week. French officials say, Macron plans to urge Xi in talks on Thursday to use Beijing's influence with Russian president Vladimir Putin, but he doesn't expect a big shift in the Chinese position Macron is accompanied by European Commission president Ursula von der leyen. In a show of European unity. She and Putin declare their governments had a no limits friendship before Moscow's February 2022 attack on Ukraine, while Macron wants to try to build and somehow engage China toward a shared responsibility for peace and stability on international issues, including Ukraine. I'm Charles De Ledesma
AP News Radio
Britain’s Boris Johnson says Putin threatened him with missile strike
"Former British prime minister Boris Johnson says Russia's president Vladimir Putin told him he could hit him with missiles. In a new documentary, Johnson says he called Putin in February 2022 and trying to dissuade him from war, telling him Ukraine would not be joining NATO in the foreseeable future a long-standing concern of the Russian leader and warning invasion would bring massive western sanctions. Johnson says, Putin threatened him at one point, saying Boris, I don't want to hurt you, but with a missile, it would only take a minute, or something like that, Johnson says. The Kremlin denies Putin made any such threat. Johnson adds, Putin didn't seem serious about
The Dan Bongino Show
Wuhan Virologist Study Suggests Monkeypox Detected by PCR Tests
"But here's the actual report on it because this sounds like something if I were Joe Biden I'd be concerned about right Rather than starting World War three which seemed to be his main concern this week And Joe Biden was like list of things to do Box number one start a war three box number two F up the international oil and gas supply by restricting gulf leases and in Alaska My point number three screw up the healthcare system more by lobbying to increase ObamaCare subsidy It was girl number four Piss off all Americans by making sure food inflation goes through the roof and then makes your babies can't get formula Okay so number 5 was probably let's hide the new monkey pox story that came out because Joe Biden is obviously a forest fire everywhere the man goes So from the reporting this study was first published in February 2022 Just months before the latest international outbreak a monkeypox cases which appears to have now reached the United States The paper folks this is hard to believe the paper talking about the study Which was authored by 9 Wuhan institute of virology researchers I'm done That's it Stories over Do we need the same author why are they still doing research Why are they still doing research Authored by 9 Wuhan institute of virology researchers And published in this quarterly journal follows the wide scale use of PCR reaction tests to identify COVID-19 positive individuals The researchers appeared to identify a portion of the monkeypox virus genome enabling PCR tests to identify the virus then the paper titled aficion assembly of a large fragment of monkeypox virus genome as a QPC R template using dual selection based transformation associated recombination I don't know about you folks but if I was Joe Biden I'd be less focused on World War three with China And more on pushing Fauci and others that the Wuhan lamp guys and ladies over there maybe you're not good at this
Mark Levin
Mark Levin Was Asked to Remove 'American Marxism' Poster
"Watching the push for critical race theory And a trans ideology ideology movement The use of climate change so called destroy economic system and on and on and on Just as in 2010 it was really 2009 I said I need to write something about what's going on To give some kind of a substantive intellectual somewhat even say scholarly foundation For people who really love and care about this country I to do decided to do exactly the same thing And so I turned in this manuscript it's now February 2022 Ten months ago and named it American Marxism But we were talking about it Perhaps she didn't know as I was writing it I was running ideas past you and this is what I do I run ideas past you through various monologues or discussions or projecting off areas events trying to figure things out for those of us who love the country and our family and our faith And even though I've been asked to remove the poster of American Marxism From my sight for my studio as I do my Sunday show I will never remove the book And the whole point of the poster in the book being there isn't to hawk the book It's the push the idea
Game Theory Podcast
"february 2022" Discussed on Game Theory Podcast
"So they could have definitely been like a couple of games under 500, they might have just said, let's just trade Ben for picks and we'll regroup in the off season. But once it was pretty clear that this team is good enough that they are kind of one, I would say big piece away. They weren't one piece away like a Dorian Finney Smith away. They're one James Harden away. That they can that it does make sense to be like, well, we have been. He's not getting worse. His value is not getting lower. It's either your team that likes band and think you can work them in or your team that doesn't. And so it's like, well, let's see if this is the best deal. And so for a while it was like, with the Indiana have the best deal to Sacramento of the best deal, Minnesota is really trying to push for like, do you want D'angelo Russell and whatever? And I was like, one of those deals is always going to be around if you have to take it. But Daryl waited long enough to be like, I believe that something else will come about. For a while look like it was hard and it could have been, it might have been be able to have season any surgery. And then it became like harden's available and he's I think the best player out of those guys, even if he's towards the end of his prime and has now forced his way out of two places. But he's just good enough to wear and especially has the relationship with Daryl enough to where you just go like, yeah, this is the trait. This is the trade we've been talking about for a long time. And to trade one of The Crown jewel pieces of the process for a guy as good as James Harden, who's going to be a Hall of Famer, who is an MVP player very recently, who's playing a the worst basketball of his career, but only because his whole career has been so excellent. And he's the kind of guy that as we've seen is, you know, I talked about it on the Ricky today, but when he's not engaged, his game slips quite a bit, but when he is engaged, he's still one of the best players in the league..
What a Weird Week
"february 2022" Discussed on What a Weird Week
"Hi Friends, this is Scotty. This week's what a weird week podcast is a rebroadcast from one year ago, so from the first weekend of February 2021, please enjoy what a weird week. What a weird week for Monday, February 1st, 2021. This is season two episode one. Hi, everybody. It's weird. This is like crazy being here. Really? We're down. Well, I got a great show for you today with some wonderful stuff. Thank you for coming back to what a weird week the podcast of the weirdest news stories of the week took the month of January off here we are season two episode one. Well, we did have an episode in the podcast screen we did in scream also maybe we did a podcast that was my daughter's English assignment, haven't gotten the grades back on that yet, so fingers crossed everybody. Hey, I assume I'll get a grade back as well. And I'll have something to report maybe next episode. Ten. View off the top. Ten 9 8 7 6. Some rapid fire ones to get back into the swing and things. The guy on Twitter who shared his story of volunteering to be infected with parasites for science, good lord, click the link if you want to like 50 different 50 different parasites on purpose. 9. Dunkin Donuts offering weddings in the drive-through this Valentine's. They say we're all nostalgic for good old loving love. On Valentine's Day. But lousy stinking COVID, no fancy dinners out the violins and the non plastic cutlery. We're not doing that with COVID, so donut love is the answer. 8. Oh my gosh, this one is so weird. Because cores can't officially run an ad during the Super Bowl Anheuser Busch or whatever their company name is, they have exclusivity. So cores is going to offer a video audio experience on YouTube that is supposed so far big deal, right? This is supposed to, they've worked with a psychiatrist, psychologist, they've worked with a dream specialist, somebody this is all credible stuff. Here's what they're doing. The YouTube video audio experience is supposed to make you dream. They're supposed to put advertisements in your dreams about course. The new beer, they'll be advertising as the MKUltra beer. Mind control joke. 7. Everybody this past week has been talking about the Reddit GameStop, the stocks that read it can appear to make sore and the stockbrokers who appear to be sore as well over the whole story. Anyway, the manipulation of the stock market, we do have a link. There were a lot of great links shared because when this story came out, many of us, myself, for sure, we realized don't really understand how the stock market works. 6. Rolling Stone's 50 most anticipated movie releases of 2021 makes the list because in a time of COVID, some things that were normal now seem weird. So that's number 6. I can't believe they're going to have an average of one, almost one anticipated movie per week. Maybe it's because we've watched all of the things. Maybe that's the reason you usually you'd anticipate a few big ones, here's a few big ones for the first half of the season. But now we're anticipating 50, a top 50 list in Rolling Stone because my gosh, I watched YouTube cats for an hour yesterday. That was well, here's what you do. First you, you scroll through Netflix, and then you look up and it's, wow, three hours. Three hours still haven't found anything to watch. And then flip on YouTube and hope that live cats channel just hope that a cat will walk by the screen. Yesterday, our into it, no cats. You know, I stand by my decision. It was still a good, it was a good watch. Live cats, YouTube, with no cats. 5. Number 5 is volcano mouse once thought extinct is actually doing great. If you've never heard of the volcano mouse, I know what you're thinking, this is a mouse that obviously it must spit lava that can burn through a bank vault. And we need to plan the volcano. Mouse heist. Well, volcano mouse heist, not easy to say. It's a great thought, but the volcano mouse is the kind of mouse living near mount pinatubo when it erupted in 1991. Scientists thought, well, ain't no mice surviving this, but they did science. They did. And now there's a study published volcano mouse doing well. What was it though? This study is not out about exactly how they survived the volcano eruption. What was it? Did they are they incredibly smart, incredibly fast, is it cheese? Perhaps eating cheese can help you survive a volcanic eruption. Four. Number four is the subway tuna sub lawsuit allegations. Lawsuit out of California claiming that subway tuna subs are not tuna. If that is true, what are subway tuna subs? I mean, if it's false advertising than a sub shop ought to be made to tell the truth, but also this is going to be one of those deals where it's tuna ish, like good enough for tuna and delicious, right? And the lawsuit is just gonna make it go away. Get in the way of me having a delicious sandwich. Maybe it's goldfish and eel, we don't know right now, the lawsuit people say they have run tests and they know what's in there and brother it ain't tuna. But to be continued, that's number four. Three. Number three, TikToker horrifies viewers. Oh, I just had to include it because the headline fantastic. TikToker, horrifies viewers by making mashed potatoes out of a bag of chips. And they Michelin starred chef says the hack is ludicrous. Actual headline. So we live in a time where it is your right to be outraged. At anything, someone does, wearing Crocs, outrage, change your hairstyle. Well, come on. We're all allowed to be offended by your hairstyle choice. Boiled some potato chips. Oh my gosh. A nearly had some sort of infarction. I'm going to send you my ambulance, Bill. This TikTok guy boiled a bunch. I don't know, was that a did that? I thought that was some sort of hilarious commentary on society when I wrote this example, but this guy on TikTok boiled a bunch of lay's potato chips, plain chips, turn them into some kind of mush, called it mashed potatoes, said they were delicious. Do we know if they're delicious? I do not. However, they were deliciously anger inducing online, and that is number three. Number two, pink Kraft dinner. Thank you for sending me this a bunch of people sent me the link to this one for Valentine's Day. Craft is putting out candy flavored pink Mac and cheese as a promo slash giveaway. It's gonna be a thousand boxes available. You can check their website. It is so damn romantic. Hey, pink Kraft dinner. I made you this baby. Kraft dinner. What do you mean? What.
Bloomberg Radio New York - Recording Feed
"february 2022" Discussed on Bloomberg Radio New York - Recording Feed
"Free. So we can generate more charitable dollars to support the charities that we care about most. Let JCF minimize your taxes and maximize your charitable giving. We're incredibly passionate about our charity and the JCF allows us to focus more on the charity and less on the administration and the headaches. For more information about Jewish communal fund, visit our website at JCF and Y dot org and request a new fund kit. Broadcasting 24 hours a day. Bloomberg dot com and the Bloomberg business act. This is Bloomberg radio. Now a global news update. This is Bloomberg daybreak Asia for this Thursday, February 3rd in Hong Kong, Wednesday, February 2nd in New York, and coming up this hour, meda shares plunge as user edition stalls, Qualcomm slides after its efforts to expand beyond smartphones, hits a snag and OPEC and his allies agreed to revive more oil production. UK prime minister Johnson speaks with the presidents of Russia and Ukraine, Beijing says COVID has controlled New Zealand's plan for reopening SpaceX up with a classified satellite. I met Baxter with global news. Barcelona finally announcing the signing of an arsenal star. I'm Dan schwarzman, I'll have that story more coming up in Bloomberg's sports. That's all straight ahead on Bloomberg daybreak Asia. On Bloomberg 11 three O New York. Bloomberg 99 one Washington D.C. Bloomberg one O 6 one Boston. Bloomberg 9 60 San Francisco. Syria's exam one 19 and around the world on Bloomberg radio dot com and via the.
Gaming illuminaughty
"february 2022" Discussed on Gaming illuminaughty
"Game pass hit 30 30 million people have now gotten the game pass and it's gonna with this it's probably gonna hit 50 million and probably keep getting higher and higher. When we have those months within the year that are like the February like this year where it's just game after game after game after game after game, there's no way you're gonna find a regular casual gamer that's gonna know that there's like 5 major games dropping on like multiplay games dropping in one month and being able to put up like a 120 a $160 for all of it when literally they have either they pay a $160 to play on their PlayStation or they have it on game pass and like maybe half of those games are already gonna be coming day one to the game pass. The value there is insane. Like no one in the right mind unless you're just being biased. No one's gonna say, oh yeah, I'd rather pay a $160 than pay, oh wow, holy crap, I only pay $15 a month and I'm playing and I got to play all three of these games day one. That's the whole proposition behind why people don't buy games day one and they'd rather wait till a sales drop happens or games gets cheaper is because they want to wait and then get the game at a lower price that they feel is more tenable to them. But if you have the game pass, that throws that's like an ultra version of saving for a sale. So I don't know. It just makes a lot of sense. And then the other thing I think is important too is not only the software aspect, it's also Microsoft understand something that I think is very, very important for the future, and that's simply put, it's that I'm forgetting my train of thought here. The, why am I forgetting what I was just about to say? It was very important. Say something TBH won my brain tries to reload more stuff in my face. What are you eating? Yeah, tell them what you're eating. Barbecue bake chips. Are they anyways? I got something. I got something for you. My brain is loading. I was gonna say another thing that I'm starting to notice on my timeline is the game pass is great marketing for Microsoft, in a sense that so for those of you who don't have the game pass, there are certain games that always stay on the game pass, but then there are other games that rotate kind of like Netflix. Would only be on there for a few months and then they swap some new games in there and stuff like that, whatever deals they cut with the studios. Anytime that they swap new games and I noticed Microsoft tweets about it, it always gets good press like the community, oh shit, this is what we can expect for the next month or two or whatever. And then now that they have acquired Bethesda Activision, when these games are getting swapped, it's like it's constantly creating viral moments in like word of mouth basically. And that's something that Sony does not have. Like you said there's a long drought in between these games and versus Microsoft is constantly pushing out content. Not just from a gaming standpoint but from a marketing standpoint, just from the business side, I see that helping them in.
Mark Levin
Joe Biden Fires Trump Appointees From U.S. Preservation Commission
"Horn It's a bipartisan commission Bipartisan So Joe Biden on Friday late Friday Friday evening when Shabbat had taken place for Jewish chapot is a time Of reflection every week And orthodox Jews they don't travel They travel they walk They don't use electronics or watch TV It's time for reflection Time for fun That's when the Biden administration struck And fired all the people who had been appointed by president Trump Now the way this is historically supposed to work out Is that the people finish their commission period And in this case it was next month February 2022 But Biden couldn't wait to fire the people on the commission Because they had been appointed by Donald Trump and these are people on the commission Who spent hours and hours and hours Trying to defend the memory of the people who were slaughtered during the Holocaust To keep alive knowledge about the Nazis and the Third
Bloomberg Radio New York
"february 2022" Discussed on Bloomberg Radio New York
"These new products you seem to be planning for a much bigger AMD Can you get the supply to match these ambitions and help you carry them out Yeah so no question We are planning for bigger AMD The thought if we look at our trajectory the last two years have been tremendous growth We've just guided 2021 to 65% year on year growth When we started the year sort of in January we thought it was 37% So we've been able to add a lot of supply as well as there's just very strong demand for AMD processors right now We are working very very closely with all of our supply chain partners There's an incredible amount of work going to ramp up overall supply chain capacity And we feel very good about the trajectory of what we see going into 2022 and beyond And these are all long-term partnerships Emily So it's really about how do we plan with our customers and our supply chain partners not just for this quarter next quarter but for 2022 2023 and beyond to make sure that we can meet all of this incredible demand that's out there Still the chip shortage and supply issues seem to be a continuing crisis for everyone else And I'm curious how long you think we're going to see the ripple effects of this Is this something that you think will continue to reverberate across industries for years potentially Yeah you know I get asked that question a lot I think you've asked that question to me a few times I will tell you that I think the environment is such that there's a lot of capacity in a lot of investment that's being put online So that's positive Like I said we saw more growth in more capability in towards the end of 2021 than earlier in the year I think the first half of 22 is still going to be pretty tight But we're going to see improvements as we go into the second half of 22 And I feel confident that the semiconductor industry is going to respond to the challenge and every quarter it'll get incrementally better going forward It's hard not to keep asking because the situation you know seems to be continuing and keeps changing So I do appreciate you giving us an update every time you come on the show You know you did have a strong quarter great third quarter As you look into 2022 what's really going to be what are going to be the defining trends the defining trends that will drive AMD's growth through the next year Yeah sure Emily So I think as we look forward the most important thing is we are in the right markets I mean it's a very exciting world in this high performance computing world You know if we looked at the total market size just maybe 18 months ago we might have sized it at about 80 billion or so We now see that market size or that market opportunity upwards of a 100 billion So there's a lot of need for computing and computing capability And from an AMD standpoint I think our product portfolio is the best it's ever been and it's only going to get better I think we're excited We have a whole slew of products that we're launching in 2022 and we'll talk more about that over the coming months And our goal is to continue to partner with the best the best brands in the industry and make sure that we're providing them the best solution So I think it's a great growth environment for us We're going to continue to work hard at satisfying all the demand out there but I think we're very optimistic about 2022 Well it'll be interesting to see just how much the metaverse proper is part of that growth I'm curious if you have an idea of when you think we will see this new universe if you will really come alive especially for the mainstream Yeah I think people are doing a lot of experimentation in the area Emily and as I said their announcements from a number of companies out there And we'll see things come together incrementally over the next few years But I like to think of the metaverse It's not going to be like one Big Bang that you're going to see everything come out You're going to see a really products building on each other and capabilities building on each other and the fundamental underneath that is you need great high performance processing technology which is which is what we're working on All right AMD CEO Lisa Sue always good to have you here Thanks so much for sharing those new products And that view of the future with us Okay Coming up Tencent making moves to circumvent China's crackdown.
Bloomberg Radio New York
"february 2022" Discussed on Bloomberg Radio New York
"A day earlier due to Veterans Day The bond market will be closed Thursday and observance Herod Moscow Bloomberg radio Mattel the second largest U.S. toy company behind Hasbro is seeing early shopping in a holiday season jolted by robust demand and supply chain constraints We get more about that from Bloomberg's Charlie pellet Mattel's CEO tells Bloomberg quote people are buying toys earlier for the toy industry the holidays are accentuating a sharp turnaround sales fell early in the pandemic but have surged back and are now facing clog supply channels and jam ports Mattel did anticipate some of those supply chain issues the company said it sped procurement of raw materials and lined up ocean freight capacity and access to additional ports and shipping lanes Charlie Bloomberg radio Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer This is Bloomberg This is masters in business with very renewals on Bloomberg radio My extra special guest this week is Tom Gaynor He is the CIO and co CEO of Markel a diversified financial holding company He has been dubbed the next Warren Buffett by no less an expert than Jason's wife of The Wall Street Journal from 2000 to 2015 Gainers stocks have averaged a return of 11.3% annually while the S&P 500 returns a mere 4.2% counting dividends Tom Gaynor welcome to Bloomberg Thanks so much for having me So I've been looking forward to having this conversation You're kind of an interesting guy working in kind of an interesting company I don't think a lot of folks know what Markel is and does Why don't we start by just give us the short version what is Markel Sure and in fact not only do a lot of people not know what Markel does a lot of people don't know how to pronounce it So it's an easy screening technique when somebody asks for Markle It probably didn't know who they're talking to So yes Markel To some degree I think the shorthand way of describing it in the usage of today's words is we're a family office that happens to be publicly traded Now the way that business started was in the 1930s as a specialty insurance company It's kind of an interesting history in that sand Markel was in Norfolk Virginia and he was on the city council there and Norfolk Virginia was a place where a lot of veterans would be getting off the boat from World War I Some of whom decided to stay And it was the early days of the automobile and trucking industry So Sam martell had been an insurance agent There were veterans getting off the boat They were providing cab rides which were unregulated unlicensed Nikolai jitneys was the name of the term Of course accidents ensued as would be the case that anything like that And Sam Markel got a law passed that said if you're going to operate one of these kidneys you had to have insurance And adjust the people to provide it And well no insurance company would put willing to take that sort of risk So Sam Markel said well I'll start an insurance company to take that risk I don't know what the chicken and egg was whether Sam had the chest moves all laid out before he proposed the proposed of the ordinance I would not be surprised if he did But that was really the start and the genesis of the company And they caught a mega wave in the sense that the automobile trucks the highway system the Internet interstate highway system for 30 or 40 years you really had this tailwind of epic growth in the underlying business that they would ensure We could go on and on with this conversation But I think the hallmark is still matters today is you look at problems You look at something that somebody needs you try to be creative You try to figure out a way to solve it and that's what Markel does Historically largely through insurance products and ensuring things that a lot of other companies choose not to do for a variety of legitimate reasons but then also we've expanded into a lot of different products and services industrial products and services over the last 15 years with the growth of the market venture So we can do anything and everything And if we can figure out a way to make the customers the employees better off by doing so we'll do it So the interesting thing about the insurance side is insurers taking cash against a future potential liability but between when the policy is sold and want to pay out has to be made hey we have to do something with all this capital which brings us to your job CIO of Markel assets How do we describe your title technically what is your job description Well the CIO in terms of chief investment officers chief information officer that is exactly the job I had prior to becoming the co CEO and effectively it's still a job that's embedded in my role Now again if you're a business story and then you have a sophisticated listening base If you think about insurance first off set it up your initial point is correct In that And insurance company collects premiums today And they're going to make a payment.
NewsRadio WIOD
"february 2022" Discussed on NewsRadio WIOD
"Uh, we had seven days on, uh, he's Cuban and that we also had Now it's keeping me Oh, yes. Uh, it was 20 edition, which is also in Miami. Uh, they were all amazing designs. All all of them still different from each other. What a great big. I mean, having the event in Miami, you need to have that. You know that diversity, right? Miami is so diverse with many Hispanic countries. Uh, I mean, my only regret is that I know that I missed it. I missed being there. But I think the pictures and Oh, my God, I'm kind of like this is so beautiful. Now, um, When do you do this again? When do you do fashion and break all again if there's going to be something later to hear Yeah, well, I think activation. Another designer, which it's actually when in the family. My sister Anna Jolie is, uh and, um, models by Anna Julia. She, uh, Through the pandemic, she realized that her passion Um, for making this for design was there to Wow, It turns second year actually providing us with. Besides that, she donates some of them. She actually wanted to Uh, someone her designs to Miami rescue mission, and she left them with me. And, uh, I'm happy to come and showcase them for you. The women in your organization, and it's really like, sure that will be great for her. That would be fantastic water treat and congratulations to her for finding that passion. I mean, I'm excited. I love you guys. You know this already? How can our listeners be able to see your work and your next event and what you guys are up to? How do we find you in Social media? There is many ways. Yes, I know. Find them. You can find those as Maya and you could Bangles for, um Instagram. Don't break hold, uh to grant in Facebook and our website as well. You can find me as English. Jolie also trained. I trained models, uh, and Children that will like you have a little more of profits being not all related just to be in a model, but it's also been comfortable in your own skin. And you can find me in one jolly girl. Uh, so there's many ways again. Um, and always out there and trying to help the communities both my sisters. So we would love to have you at our next event. You actually have any savory? All of our listeners, please. You need to check them out. February 2022 Fashion Night on Brickell Instagram Facebook everywhere. Thank you for joining us Angry. We love you so much. Thank you. Thank you for having me.
Bloomberg Radio New York
"february 2022" Discussed on Bloomberg Radio New York
"Sullivan, speaking to reporters on the trip over to the UK with President Biden, the UK reporting a surgeon virus cases with the most new cases in a day since late February and also an uptick in covid hospitalizations. In Japan. The prime minister is pushing for the Covid 19 vaccination process to end by the fall. He wants everyone in the country who wants the vaccine to be able to get it by October or November, and that would be much sooner than the previous goal of February. 2022. Some good news for Hong Kong travellers. You might be able to shorten your hotel quarantine time when you get to or get back to Hong Kong. If you take an antibody test and pass it. That's what a government advisory panel is pushing for Hong Kong, also looking at allowing Children ages, 12 and up to get vaccinated. It's been 10 years since the repeal of Don't ask, Don't tell Policy and the military today. The Defense Department celebrating Pride Month with its 10th annual commemoration at the Pentagon, Defense Secretary Lloyd Austin says he's proud of the contributions made by service members in the LGBTQ community. We reflect on the progress that we've made and making sure that everyone who wants to serve and it's qualified can do so with dignity and respect. And the Defense Department prohibited flying unofficial flags, according to Austin, such as the Rainbow coloured flag to commemorate Pride Month Global News 24 hours a day on Aron on Bloomberg quick take powered by more than 2700, journalists and analysts in more than 120 countries under these Pellegrini This is Bloomberg back over to you, Denise. Thanks very much The time 22 minutes here before the top of the hour. It's time for global sports..
710 WOR
"february 2022" Discussed on 710 WOR
"Into the narrative that Oh, this means Andrew is not a New Yorker. That's what's toxic. I don't know. Uh, I could see him. It's something happened in the Presidential primaries. He was doing pretty well in the first use Colorful good personality, But then he kind of fell apart. You guys had Eric Adams on the morning show this morning. Yeah, and Again. He's not rinsed in Churchill when he speaks, but he's pretty sounds really sounds natural. Here is this. We've reached the city of city where any and everything goes, There's no real Order to the city and I'm dismayed open urination, open defecation of a TVs, driving on sidewalks and speeding through our streets of people doing whatever they want whenever they want, And this is not a city that is going to attract business can deal with income inequalities and just any qualities if we don't bring AH, level of stability back to our city. Okay, So you're saying all the right things hitting all the right topic, she sings saying exactly what? Just what You said. Just what people want to hear. Crime, Homelessness, streets order, see just what could one here. But you contrast that with Yang, who's giving out bubble gum. He's got balloons. Everybody wins a free price become he's good. You see that his commercial guys like had a mask to scarfs. He's got his mother, this one where he's on a roller coaster. There's one where he's, uh Riding his bike. I mean, these are reasons to vote for a guy. Now. How do you explain Kathryn Garcia Rising up? She was sanitation Commissioner. Uh, they weren't Famous York Times endorsed or that's what it was. Okay? Yeah. Okay. That's it. Yeah. Took took a week or two for that show up in the polls. But, uh, sanitation Commissioner Nobody thought you did a great job with garbage everywhere. The streets were a mess. But you're right New York Times and that brought to her those upper West side a priest side liberal, So they got behind her. And I guess that was the group that would have gone towards Scott Stringer. So they've left Stringer and gone to her, and she is not bad on television. She's got Come on, eat. The commercials are a lot better than strings. So it's basically these three. It's Yang. It's Adam's. It's Kathryn Garcia. Stringer's still there somewhere just beneath them and could rise up, But I doubt it, and that's it. Then the other people in the race there's two wacko, a screechy yelling progressives, and then I came to know their names. Then there's these two dunces at the bottom. Shaun Donovan. Weird looking guy. He looks like a missing winkle. Voss twin. Hey, if anybody look like they're from out of town, he just looks like he came from Croquet Match and Darien, Connecticut. Just the way he's got no shot at Mayor of New York. I don't know what the hell this guy was thinking. Then you got Ray Maguire, who's a mumbling weird guy with the zombie eyes and it's Susie starts talking. You want to shoot yourself on? He's ignited again. It's all about how you talk and your story. What's his story? You know what incredible business success guy came from Nowhere to become top business. Well, that's normally a great story, but not with him. He's an investment banking guy. Nobody likes investment banking guys, and if you go into the neighborhoods of New York And say, I'm an investment banker. That's not good. They don't want to hear that. And when you say Citibank, I'm he doesn't say it in the commercials and nose to keep that out of the commercials. Top City Bank executive Citibank Nice company, But people don't like bankers. They don't When you say top City Bank executive, all people pictures, the guy that turned him down for the loan, so Story stinks. He's AH just can't talk, and he's down to latest Poli Was it 4% down from 6%, But that's really zero because it's within the margin of error. So if bay he and Sean Donovan basically it zero if they had any sense Or he pride they would both leave the race immediately. I guess they're hoping for that first debate, which is next week, the first real debate in person, but it won't help only is you can't tell from the commercials. McGuire is very tall. He's like 64. Play basketball, so that can help sometimes, But so is that Sean Donovan. So you noticed the two weirdos air like two giants. It'll stand up there, but They're going nowhere. So the big debate will be Adams. Yang and Garcia's got to try to have capitalized on that. New York Times endorsement. And then you get next week. You got one debate on Channel seven in a week or two. After you got the final debate on Channel four, and that will decide the Democratic nomination. So Of Mayor de Blasio. But when he says he's going to take action, more cops on the subway. That's it. They must be undercover cops because you know if you reported nobody confined these cops, this must be the best undercover operation ever because trained reporters can't spot them anywhere down there. So On and Governor Cuomo remember? He said he'd be sending in his state troopers. Anybody seen them? They're pretty easy to spot Smokey the bear had on the subway. Uh, where Oh, they'll get that's a long trip from Albany and it takes a while. Yeah, they're on the way. Um So here's the solution. The empty A says they'll put their cops in. Well, they've announced what would empty cups. They're gonna hire the cops, Which s a long process could take months. And then these cops have to be trained. Apparently, that takes another six months, so they'll put their cops in. We're targeting February 2022 for these cops to show up. And the empty a that time about 251st of all I want NYPD cops down. They weren't real cops down there. I don't want these empty A and they're talking about contracting with private security companies. We want NYPD cops down there. We don't want security guards. This is the last thing we need way. Told what a security guard from the used to work at motels. We want a real NYPD cop down there, so we'll see what happens. The vessel at Hudson yards. They opened this Hudson yards and it was the disaster. Big opening night party. That was the last time anybody was there. Empty ever since everything in the Hudson Yards is closed. Every restaurant closed. Neiman Marcus closed. Everybody went out of business. This was it was the only place not affected by the pandemic because it was empty before it was still empty. But the one thing that was big with the vessel. That big, stupid sculpture out there. Everybody climbed up that they took pictures. Everybody's instagram! The vessel. Well, not everything. People the suburbs tourist. They love that vessel. So what's the deal? Now? You can't go into it alone. Yes. You have to go with a friend. The reason is the vessel became the number one place for suicides. People jumping off the vessel. So Mm. Uh, what is the thinking there that somebody's got a friend? They were not gonna be suicidal that the suicidal person won't have any friends and nobody will go with him. Generally, people don't have you know what? You're gonna commit suicide. You don't bring people with you. You do it alone. Okay, so These geniuses think brilliant problem solved. Okay, these two things they'll do one. You know, If you want to drive in the HIV lanes, you could hire a person to sit in the car with you. So you got two passengers. They'll be the same thing. You'll be able to go online. Craigslist needed need Somebody go the vessel with me. You'll be able to hire somebody to walk through. Get the vessel with you. Or there'll be some suicide chat room where if you want to cook you two of you will go together and do it at the same time what you'll see..
WBZ NewsRadio 1030
"february 2022" Discussed on WBZ NewsRadio 1030
"Biden announcing the U. S will share more vaccines with the rest of the world today. I'm announcing they will also share us authorized vaccine doses of Fizer and Moderna. Johnson and Johnson as they become available with the rest of the world as well. This on top of already promised doses of the AstraZeneca shot. So President Biden says Once the FDA approves those, all of the AstraZeneca doses produced in the U. S will be sent out to other countries. Mr Biden, saying This is not just the right thing to do to keep the world safe, but also to keep Americans safe from new variants that could arise overseas. Also today, several human rights groups are calling for a full blown boycott of the 2022 Winter Olympics in Beijing. This is those groups alleged human rights abuses against minorities as we hear from a B C's in Esta Loca Terra, a coalition representing leaguers, Tibetans, residents of Hong Kong and others issuing a statement calling for a boycott of the 22 Winter Olympics in Beijing. Move likely to ramp up pressure on the International Olympics Committee and those participating in the sports the dog to thong of the Tibet Action Institute, telling The Associated Press quote. The time for talking with the IOC is over. This cannot be games as usual or business as usual, not for the IOC and not for the international community and quote the Beijing Games air set to open in February 2022 just six months after the postpone Tokyo Summer Olympics in as delicate Terra ABC News At the Foreign desk. All right, 4 37. Let's go to Franklin now where a mother there has been channeling her grief trying to urge state lawmakers toehold drug dealers more accountable when the drugs they sell end up killing somebody. It's been about three months since Donna Schaefer lost her 37 year old son, Michael, after he overdosed on what he thought was an ex given by a so called friend of My son got pure fentanyl, she says. Police told her the person who provided the fence and L had a pill press machine to make counter. Pants. They're still on the run and facing charges, but not the type. Donna thinks that they deserve so disgusted that he's just gonna be charged with manufacturing and distribution again. For the third time, he just gets to live. A happy life wouldn't minds ruined, she says. Michael was a great person who hit a low point in his life. Now with a petition she's urging lawmakers to include manslaughter charges. And similar cases that results in death. James RoHaas, WBZ, Boston's news radio, and at 4, 38. It's time for Bloomberg business. How did we do today under a day? I'm rising inflation here domestically and rising numbers of covert cases overseas contributed to an overall stock slide today. Although we climbed mostly back down, lost 54 points by the end, NASDAQ Down 51 S and P 500 down 11 far off session lows. Three years ago, a TNT about Time Warner for $85 billion Now, most of what was Time Warner now called Warner Media with properties, including HBO, CNN and Warner Brothers Studios. Will be spun off in a deal with Discovery in which a TNT will get $43 billion, just over half what had paid the CEO of Discovery, whose brands include AIDS, HGTV, the Food Network and its namesake channel, will be CEO of the new entity. Andro. Dave Bloomberg Business on WBZ. Boston's NewsRadio Zander 4 39 Coming up in the news at 4 45 lots of changes on the way when it comes to covert restrictions in Massachusetts. Talk about what you get to look forward to hear in the next couple of weeks just ahead. Stay with us. There are all kinds of voice controlled gadgets in your house, telling one of them to play WBZ news radio on my heart radio and see what happens. J Foreigner here, CEO of rocket mortgage and rocket companies Last year we saw historically low mortgage interest rates. What you may not know is that interest rates are already starting to increase and it's likely that trend is.
KQED Radio
"february 2022" Discussed on KQED Radio
"That pilot saying quote because I had not flown in a few months. I was rusty. Others have reported flying at the wrong speed or altitude. A few report unstable approaches the landing or coming in too high, too low or too fast requiring the pilots to pull up and go around. We've counted at least two dozen such incidents, most of them minor mistakes that were caught by the other pilot by air traffic control or by cockpit alerts and other factors are often involved. But the pilots attribute them in part to not flying much or at all in several weeks or months. Assan Shahidi is CEO of the Flight Safety Foundation. Ah, Global independent nonprofit that works to improve aviation safety. He says repetition is important because flying a commercial jet Requires following complex procedures and detailed checklists. When you do this day in and day out, and number of those things are certainly done through memory, this part the routine, so any time you break that routine, you then have a situation. In terms of forgetting something. Yes, they does require pilots to perform at least three take offs and landings every 90 days to stay current. And Hassan says there doesn't appear to be a troubling trend attributable to pilot Rusty nous yet But he and others are watching carefully to see if there may be a need for safety improvements as the pandemic goes on. David Schaper, NPR NEWS Chicago and you're listening to all things considered from NPR news. From a coup in Myanmar to the jailing of leading opposition figure in Russia. We've heard about some of the early foreign policy challenges for the Biden administration. And now there are troubles brewing closer to the U. S. Is a constitutional crisis in Haiti. NPR's Michele Kelemen reports opponent of Haiti's President Jovan Oh, my ease, say his mandate is up. He says he has another year in office because the start of his five year term was delayed and Haiti's ambassador to Washington book she, Edmund is standing firm. I don't think this should be in this situation for him to leave. Because his term will expire on February 2022. Well, he says, the international community could help facilitate talks. Ambassador Admin warns against any steps to pressure more used to leave office or to create some kind of transitional government. What I will tell them, you make it your bonnet. President Louise has been ruling by decree for over a year ever since the Legislature was disbanded. State Department spokesperson that Bryce says the U. S agrees that he's due to remain in power until next year. But it's also raising concerns about recent arrest of opposition figures and the dismissal of several Supreme Court judges. The Haitian government should exercise restraint and issuing decrees. On Lee, using that power to schedule legislative elections and for matters of immediate threats to life, health and safety until parliament is restored and can resume its constitutional responsibilities. House Foreign Affairs Committee Chairman Gregory Meeks goes further saying the Haitian leader has lost credibility. You listen to the Voices of the Haitian people on you'll see that there's certain decisions that hard to make sense of, But the key is the people want elections, elections for a new parliament and the new president, MC says. Ambassador Edmunds says Haiti's president is focusing on something else right now. He wants a referendum on a new constitution. It is something that we've been discussing for the last 15 years. Juvenile boys as a leader. Had decided. OK, let us make it happen. I want to live that as a legacy. Congressman Meeks warns that this will only delay elections, which he sees as the main way out of a political standoff in Haiti. And he says, What happens there matters What takes place in this hemisphere is to be extremely important to all of us standing for democracy. Free and fair elections, you know, and human rights, those of the values that we have as Americans, and we need to make sure that we hold up those values in the midst of all of this. The US this week deported dozens of Haitians, including families with young Children, Ambassador Edmunds says the Biden administration has promised 100 Day moratorium on deportations. I'd like that to last longer as the country struggles with the political crisis, economic woes and cove in 19, is that moratorium can be extended to more than 100 days. That will give us a little space on that. Congressman Meeks agrees, saying he's getting in touch with homeland security officials to try to suspend all deportations to Haiti, a country in crisis. Michele Kelemen NPR NEWS Washington Tomorrow on weekend edition. A new novel, Dark Horses tells the story about a teenager's love for horses, the abuse she endorsed at home and how she prevails. Listen by asking your smart speaker to play.
KCRW
"february 2022" Discussed on KCRW
"That pilot saying quote because I had not flown in a few months. I was rusty. Others have reported flying at the wrong speed or altitude. A few report unstable approaches to landing or coming in too high, too low or too fast requiring the pilots to pull up and go around. We've counted at least two dozen such incidents, most of them minor mistakes that were caught by the other pilot by air traffic control or by cockpit alerts and other factors are often involved. But the pilots attribute them in part to not flying much or at all in several weeks or months. Assan Shahidi is CEO of the Flight Safety Foundation. Ah, Global independent nonprofit that works to improve aviation safety. He says repetition is important because flying a commercial jet Requires following complex procedures and detailed checklists. When you do this day in and day out, and number of those things are certainly done through memory. It's part of the routine. So any time you break that routine You then have a situation on terms of forgetting something. Yes, they does require pilots to perform at least three take offs and landings every 90 days to stay current. And Hassan says there doesn't appear to be a troubling trend attributable to pilot Rusty nous yet, But he and others are watching carefully to see if there may be a need for safety improvements as the pandemic goes on. David Schaper. NPR NEWS Chicago And you're listening to all things considered from NPR news. From a coup in Myanmar to the jailing of leading opposition figure in Russia. We've heard about some of the early foreign policy challenges for the Biden administration. And now there are troubles brewing closer to the U. S. Is a constitutional crisis in Haiti. NPR's Michele Kelemen reports opponent of Haiti's President Jovan Oh, my ease, say his mandate is up, he says. He has another year in office because the start of his five year term was delayed and Haiti's ambassador to Washington book she had Monde is standing firm. I don't think this should be in this situation for him to leave. Because his term will expire on February 2022. Well, he says, the international community could help facilitate talks. Ambassador Admin warns against any steps to pressure more used to leave office or to create some kind of transitional government. What I would tell them, you make it your bonnet. President Louise has been ruling by decree for over a year ever since the Legislature was disbanded. State Department spokesperson that Bryce says the U. S agrees that he's due to remain in power until next year. But it's also raising concerns about recent arrest of opposition figures and the dismissal of several Supreme Court judges. The Haitian government should exercise restraint and issuing decrease on Lee using that power to schedule legislative elections and for matters of immediate threats to life. Health and safety until parliament is restored and can resume its constitutional responsibilities. House Foreign Affairs Committee Chairman Gregory Meeks goes further saying the Haitian leader has lost credibility. You listen to the Voices of the Haitian people on you'll see that there's certain decisions that hard to make sense of, But the key is the people want elections, elections for a new parliament and the new president, MC says. Ambassador Edmunds says Haiti's president is focusing on something else right now. He wants a referendum on a new constitution. It is something that we've been discussing for the last 15 years. Job, Madam boys as their leader. Had decided. OK, let us make it happen. I want to live that as a legacy. Congressman Meeks warns that this will only delay elections, which he sees as the main way out of a political standoff in Haiti. And he says, What happens there matters What takes place in this industry is to be extremely important to all of us. Standing for democracy and free and fair elections, you know, and human rights, those of the values that we have as Americans, and we need to make sure that we hold up those values in the midst of all of this. The US this week deported dozens of Haitians, including families with young Children, Ambassador Edmunds says the Biden administration has promised 100 Day moratorium on deportations. He'd like that to last longer as the country struggles with a political crisis. Economic woes and covert 19 is that moratorium can be extended to more than 100 days. That's what give us a little space on that. Congressman Meeks agrees, saying he's getting in touch with homeland security officials to try to suspend all deportations to Haiti. Ah country in crisis. Michele Kelemen. NPR NEWS Washington Tomorrow on weekend edition. A new novel, Dark Horses tells the story about a teenager's love for horses, the abuse she endures at home and how she prevails. Listen by asking your.
WMAL 630AM
"february 2022" Discussed on WMAL 630AM
"Package on the simple Majority vote, Republicans proposed a flurry of amendments in a vote a Rama most failed but one that passed throws out of $15 minimum wage increase while another band's undocumented immigrants from receiving stimulus checks Rachel's Sutherland foxes Virginia governor Ralph Northern has floated the idea of an extended school year. The Washington Post. We want to extend our our classroom this summer to allow our Children to catch up so that everybody will be ready. In the balls. It's not clear how an extended school year woodwork. Northern's promising more details in a news conference later this morning, you can forget about taking that Alaska or Nova Scotia cruise this year. The Canadian government has extended its ban on cruise operations through next February. The ban applies to cruise vessels carrying 100 or more people and prohibits passenger vessels carrying more than 12 people from entering Arctic coastal waters. Restrictions also impact ship's starting in the US than have stops in Canada. Canadian ports reported visits from more than a million passengers in 2019, Jenny Cho Silda Fox News. We've just found out what turned the nation's job market has taken to start the year the US adding 49,000 jobs in January. That's versus about 50,000 that were expected. Economists had forecast that slight rebound after six straight months of weaker hiring Any job growth makes little den. In the vast unemployment caused by the recession. We did see unemployment growing December That was the first overall job lost since last April. Checking your money. The Dow futures up 134 points. The NASDAQ futures up 33 sports sponsored by the Centers for Disease Control and Prevention. The capital's dropped their second straight this time to the Rangers, 4 to 2, but Alex Ovechkin scores his 709th career goal. That moves him into seventh place in NHL history. The Maryland women beat Wisconsin giving coach Brenda Freeze a milestone of her own 499 career wins that ties Chris Weller for most in Maryland. History up next traffic and weather on W M A L News he's brought you my new look home design. You have two hands,.
KIRO Radio 97.3 FM
"february 2022" Discussed on KIRO Radio 97.3 FM
"David Hog there her comments and posts about school shootings, 9, 11 and Que non prompted the house today to strip her of her committee assignments. Ahead of the vote, representative Green took to the floor herself to try and walk back some of her controversial comments. She said. These words of the past and these things do not represent me or my values and on the floor Thursday, she acknowledged the 9 11 attacks in school shooting tragedies, including Parkland had occurred. Despite past comments questioning them. CBS is Natalie brand on Capitol Hill. It would take an act of Congress to save this year's Alaska cruise season. Canada is extending its ban on cruise ships until February of 2022 travel expert Steve Danny shek says only the federal government can change a law that affects cruise ships traveling from Seattle to Alaska. They have to make one foreign stop. If there are foreign ship and all the ships, the big ones are built. Overseas so they must make a stop in a foreign country. Well, that's always been, Victoria Danny shek told Khyber Radio story. Monsen. The cruise industry contributes more than half a billion dollars to our local economy. Some Washington State lawmakers are betting the gambling industry will bring in more funds, Khyber radios, Hannah Scott explained in 1800 people weighing in on the proposal to expand legalize sports wagering to the states 40 card rooms. Supporters like Republican Senator Peter King, say not only bring in much needed tax dollars, but they provide family wage jobs with great benefits and wouldn't take away anything from the tribes. All I'm saying is, we need to share the wealth here. Others not convinced date. White Mobile is a bad idea for Washington, and this is a clear attempt for work around of the state's prohibition of online gambling. The proposal would only allow online gambling inside the card room. Local brew Masters running for Seattle City Council. Sarah Nelson is co founder of Fremont Brewing, She announced today she's running for position. Nine the seed.
KTOK
"february 2022" Discussed on KTOK
"Latest recalls. Good Morning I'm Jacqueline Scott in the KT. Okay. New Center cold start to our Monday. Our forecast is coming up. Highland Dairy is recalling some of its half pint 1% low fat chocolate melt produced at its Norman the facility. Tanner Carlson reports. The dairy says the chocolate milk could contain food grade sanitizer that could make you sick if you consume it. The milk was sold and distributed to institutional customers in the Oklahoma City area. Western Oklahoma, Dallas, San Antonio and Tyler, Texas. It does have a sell by date of January. 27th. Nestle is recalling more than £762,000 of pepperoni pizza. Hot pockets after glass and hard plastic were found inside. The U. S. Department of Agriculture's Food Safety and Inspection Service says one person reported a minor mouth injury. The packages say best before February 2022. They were sold between November 13th and 16th. The recall is considered a Class one, which means officials believe it could be a health hazard situation. Where there is a reasonable probability that the use of the product will cause serious adverse health consequences or death. The Oklahoma City FBI offices encouraging people to call if they have information regarding potential violence of any upcoming event or protest. Margo Murano reports. Special agent in charge Melissa Godbold says the FBI is focused on identifying investigating and disrupting person to incite violence and engage in criminal activity here in a Oklahoma and beyond. The number to call is four or 5290 77 70 or go to tips dot FBI dot golf today marks the observance of the birthday of Martin Luther King Jr It is a federal holiday. And as Tanya J. Powers.