The fiscal strains in Ukraine are showing more broadly. Naftogaz, the state-owned energy company asked holders of $1.5bn of its bonds to accept a delay in payments as it seeks to preserve cash for purchasing gas. It would amount to the first default by a Ukrainian state entity since the war began.
China tried to build a network of informants inside the Federal Reserve System, at one point threatening to imprison a Fed economist during a trip to Shanghai unless he agreed to provide nonpublic economic data, a congressional investigation found.
Outlaws
The investigation by Republican staff members of the Senate’s Committee on Homeland Security and Governmental Affairs found that over a decade Fed employees were offered contracts with Chinese talent recruitment programs, which often include cash payments, and asked to provide information on the U.S. economy, interest rate changes and policies, according to a report of the findings released on Tuesday.--wsj
Global [environmental] standards involve reducing the speed of oceangoing vessels, in an effort to save fuel and reduce emissions. As ships go slower, expected profits decline because ships will be able to complete fewer trips in a given amount of time than they used to.
Convenience, availability, comfort, profit, reinvestment--all subservient to a cult of true believers in something that is at least debatable.
The “seasteading” movement, which began in earnest in 2008 in California with the financial backing of Silicon Valley billionaire Peter Thiel, has been likened to the phenomenon of micronations for its vision of establishing sovereign communities outside the control of existing states.
No comments:
Post a Comment