Month: February 2022

The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
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Vladimir Putin’s invasion of Ukraine has entered its fifth day. Russian troops are driving deeper into the country having attacked Ukraine from three directions: its northern border with Belarus, the eastern frontier with Russia, and in the south from Crimea, the Ukrainian peninsula Moscow annexed in 2014. Monday February 28 You are seeing a snapshot
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The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are trading in the U.S. this morning. There are five Russian ETFs that
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Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.  Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were heavily one-sided, with the
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New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equity people have in their abodes. For many Americans, that means they can borrow more against what is often their biggest asset. However,
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press release PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction
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If Russian hackers target the U.S. as retribution for economic sanctions prompted by its invasion of Ukraine, it could mean more harmful and longer-term cyberattacks than the public sector has experienced previously. “We remain concerned about the potential for cyberattacks on U.S. public finance related targets such as utilities, infrastructure and state and local governments,”
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The Ukraine debacle turned out to be a “buy the rumor, sell the fact” event for gold. At least so far… by David Brady via Sprott Money The market has just closed as I begin to write this on Thursday. What a day it was. DXY went ballistic. Gold, Silver, and the miners got creamed
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When a stock market experiences a crash, it is often the result of any number of economic events spurring investors to overreact out of fear. As the right circumstances and any bad news about the economy have the potential to set off a chain reaction that leads to a crash, these types of financial crises
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Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 23% Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and freezes assets within
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Using the Internal Revenue Code to minimize tax bills is critical for investors who want to cut their tax drag, or the amount of profits they lose to capital gains and ordinary taxes. The sometimes-massive changes proposed in shifting versions of the Biden administration’s Build Back Better tax-and-spending agenda are on hold — for now.
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Sharing is Caring! by Michael Snyder Way too many people out there are treating the war between Russia and Ukraine as a form of entertainment.  Here in the western world, we like to make a game out of almost everything, but this isn’t a game.  When Russia invaded Ukraine, it marked the start of World
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press release PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisser, announces its Crypto Carbon Footprint list. The list ranks how sustainable the top 100 cryptocurrencies are and is based on the research of a Swedish team of sustainability experts. The list ranks each coin of how a typical transaction affects the environment through
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