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Новости за 29.07.2024

Inequality Is Caused By Inflation – OpEd

Eurasia Review 

By Lennart Wagemans

Many claim the problem with fractional reserve banking is that it loans money into existence. It does, but under normal circumstances the money created by commercial banks disappears when loans are repaid or defaulted on, which therefore doesn’t create a permanent inflation of the money supply. Government intervention, however, converts temporary money into permanent money through bailouts like the Troubled Asset Relief Program. They purchase loans that would have been defaulted on... Читать дальше...

Markets showing no sign of nervousness amid weak rupee: BofA

Economictimes.indiatimes.com 

The one-month implied volatility being priced by the foreign exchange options market has been below 2% for six months now, much lower than 3.5% a year ago, he said. On Friday, the rupee ended trade at an all-time low of 83.73/$1, having depreciated around 0.1% versus the US currency for the week, LSEG data showed. The weakness in the rupee has been driven by sharp volatility in the Chinese yuan, as well as foreign outflows from stock markets, which turned choppy after the government raised capital gains taxes on equities in the budget for FY25.

Paris Olympics: Finnegan, Malabuyo, Ruivivar keep slim chances alive

Sports.inquirer.net 

MANILA, Philippines — The trio of Aleah Finnegan, Emma Malabuyo, and Levi Ruivivar may have slim chances of making it to the final round of artistic gymnastics but they debuted in style in the Paris Olympics 2024 on Sunday at Bercy Arena in France. After three subdivisions, the Filipino-Americans didn’t make it to the top

Isaac Okoro drawing sign-and-trade interest from teams

HoopsHype: Atlanta Hawks 

The Cleveland Cavaliers are believed to have a high asking price for Okoro in sign-and-trade discussions. Several teams have expressed interest in executing a sign-and-trade with Cleveland for Okoro, which could potentially land him above the non-taxpayer mid-level exception annually, HoopsHype has learned.
Source: HoopsHype

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Loggers Drop Game 2 in Rochester

OurSports Central 

ROCHESTER, MN - The La Crosse Loggers were narrowly defeated by the Rochester Honkers, 2-1, at Mayo Field before an audience of 1,004 spectators.L... - Northwoods La Crosse Loggers

Venezuela opposition urges vigilance as polls close - BBC.com

Top Stories (us) - Google News (com) 

  1. Venezuela opposition urges vigilance as polls close  BBC.com
  2. Venezuelans vote in crucial presidential election as opposition signal high voter turnout  CNN
  3. Ex-diplomat, political newcomer, grandpa. That's Edmundo González, Venezuela's Maduro rival  The Associated Press
  4. Opinion | Venezuelans Send a Message to Maduro  The Wall Street Journal
  5. Maduro’s grip on power challenged in seismic Venezuela election  POLITICO Europe

Isotopes Belt Six Home Runs, Beat Express 11-7

OurSports Central 

ALBUQUERQUE, N.M. - The Round Rock Express (14-12 | 51-49) fell to the Albuquerque Isotopes (12-15 | 38-64), 11-7 in Sunday's series finale at Isotope... - PCL Round Rock Express

The Science Of Twins And The Human Fascination With Them

Scoop 

Fascination with twins and what twin studies tell us about human nature is universal. There is no question that behavioral and medical science advances have happened largely because twins yield a wealth of information just by being themselves.

NIDCOM commends Optiva Capital on national development

The Punch 

The Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, has commended wealth management and investment immigration firm, Optiva Capital Partners, for its commitment to national development. A statement from the firm on Sunday said that the commendation came during the 18th annual National Diaspora Day celebrations held at the Banquet Hall of the Presidential

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CBN classifies inactive 10-year accounts as dormant

The Punch 

The Central Bank of Nigeria has clarified that only accounts that have been inactive for over 10 years are eligible to be classified as dormant and will be used for investment purposes. It also stated that a dedicated office would be created to manage dormant accounts and unclaimed balances. The apex bank disclosed this in

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LH Telecoms acquires majority stake in 9mobile

The Punch 

LH Telecommunication Limited has acquired a majority stake in Emerging Markets Telecommunication Services Limited, the parent company of 9mobile. According to a statement on Sunday, the acquisition, approved by the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission, allows a new board to take over the struggling telecom operator. Although the financial

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Sanwo-Olu, minister to grace Jakande memorial lecture

The Punch 

The Minister of Information and National Orientation, Alhaji Mohammed Idris; Governor Babajide Sanwo-Olu of Lagos State, and a former Ogun State governor, Chief Olusegun Osoba, will grace the second Alhaji Lateef Jakande Annual Memorial Lecture on Tuesday in Lagos. At the event, the Chairman, THISDAY/Arise Media Group, Prince Nduka Obaigbena, is expected to share with

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NAF destroys 12 illegal refineries in Abia, Rivers

The Punch 

The Nigerian Air Force said on Sunday its Operation Delta Safe destroyed 12 illegal refining sites and two reservoirs in airstrikes in Abia and Rivers states. The Director, Public Relations and Information, NAF, AVM Edward Gabkwet, made this known in a statement on Sunday in Abuja. Gabkwet said the NAF had intensified efforts to minimise

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Foreign scholars write minister, reject 56% allowance cut

The Punch 

Stranded foreign scholars under the Federal Government’s Bilateral Educational Agreement Scholarship have written to the Minister of Education, Prof. Tahir Mamman, and pleaded for the reversal of the 56 per cent deduction in allowances. The BEA scholarship is for the purpose of education exchange between Nigeria and the partnering countries. The Federal Scholarship Board is

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Lady Gaga Pre-Recorded Her Olympic Opening Ceremony Performance “For Safety Reasons”

Deadline.com 

Although Lady Gaga kicked off Friday’s opening ceremony for the 2024 Paris Olympics in dazzling fashion, her performance was actually pre-recorded. The Grammy Award winner powered through technical difficulties and inclement weather as it rained along the Seine River during her rendition of ‘Mon Truc en Plumes‘ in tribute to French star Zizi Jeanmaire, but […]

Trump lies: gun owners are more likely to vote than those who don’t own guns

The Moderate Voice 

In recent speeches, Donald Trump has claimed that “gun owners don’t vote” and “gun owners don’t vote very much.” The implication: non-gun owners vote more often. However, gun owners are more likely to vote than non-gun owners [1]. News media ignore theses (and other) Trump lies when reporting on his rally and keynote speeches. Mark […]

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India's tennis campaign at Paris Olympics ends in a single day

Timesofindia.indiatimes.com (sports) 

India's tennis dreams at the Paris Olympics were shattered when Sumit Nagal and Rohan Bopanna's men's doubles team were defeated by French competitors in their opening matches. Nagal, who had a strong start against Corentin Moutet, lost in a three-set thriller, losing 2-6, 6-4, 5-7. Despite recovering from the first set, Nagal couldn't maintain his form in the deciding set.