Commentary The political hierarchy of infectious disease has finally come full circle. Biden got COVID. COVID pandemic policies have always been driven by class bias. Right from the outset, governments divided people by essential and nonessential, and medical services by elective and nonelective. How all this came to be, and so suddenly, cries out for explanation. But the…
Sri Lankan Forces Deployed to Dismantle Anti-Government Protest Camp Outside Presidential Residence
Sri Lanka’s armed forces on July 22 launched a pre-dawn raid at Galle Face park—which had been besieged for months by anti-government protesters in the wake of the country’s economic crisis—drawing outcry from human rights groups. Hundreds of military personnel and police special task force officers stormed the site at about 1 a.m. local time,…
S&P 500, Nasdaq Open Lower as Social Media Stocks Weigh
The S&P 500 and the Nasdaq opened lower on Friday as social media and ad tech firms led declines after dismal quarterly revenues from Twitter and Snap, while an upbeat forecast from American Express boosted the Dow. The Dow Jones Industrial Average rose 131.02 points, or 0.41 percent, at the open to 32,167.92. The S&P…
The Left Should Be Happy With Biden
Commentary The Left should be ecstatic that President Joe Biden has given them everything they wanted. The Left likes inflation. It reduces the value of old money by printing lots of new money. Those richer who have it, lose the value of their money; those poorer who don’t have any money, suddenly do. When combined…
‘Zero Tolerance’ for Speeders in Six States
On July 27, motorists can expect to see more police vehicles tracking—and pulling over—highway speeders in six Great Lakes states: Minnesota, Wisconsin, Illinois, Indiana, Michigan, and Ohio. It’s part of a national response to the past year’s record-setting hike in traffic fatalities. This regional “Speed Awareness Day” campaign invokes “zero tolerance” for speeding violations, said…
BlackRock, World’s Largest Asset Manager, Lost $1.7 Trillion in Clients’ Money This Year
BlackRock, the world’s largest investment management firm with about $8.49 trillion in assets, recorded a $1.7 trillion loss in the first half of 2022, according to the company. This was the biggest sum of money ever lost by a single company in a 6-month span, according to Marc Rubenstein, a Bloomberg analyst. In the company’s…
BlackRock, World’s Largest Asset Manager, Lost $1.7 Trillion in Client’s Money in First Half of 2022
BlackRock, the world’s largest investment management firm with about $8.49 trillion in assets, recorded a $1.7 trillion loss in the first half of 2022, according to a new report. According to Marc Rubenstein, a Bloomberg analyst, this was the biggest sum of money ever lost by a single company in a 6-month span. In the…
TikTok’s Chinese Owner Spent Record-High $2.14 Million on Lobbying
July 22, 2022
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Business & MarketsBytedanceChinaCompaniesInfiltrating the WestMichael GuestRichard BlumenthalSpecial TopicstechnologyTikTokUSUS News
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TikTok’s parent company in China, ByteDance, spent $2.14 million on lobbying the U.S. government in the second quarter, according to a federal lobbying disclosure report made public on July 20. That amount was an increase of 130 percent from the previous quarter, when the Beijing-based company spent $930,000 on lobbying in the United States. For…
Nord Stream Flows Stable, Eastbound Yamal Flows Decline
July 22, 2022
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Business & MarketseconomyenergyEuropeGasGold and CommoditiesMarketsNordRussiaRussia-Ukraine WarstreamUkraineWorldYamal
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LONDON—Physical flows of Russian gas through Nord Stream 1 pipeline to Germany remained stable on Friday, while eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany declined, operators’ data showed. On the Nord Stream AG website, physical flows were at 29,191,527 kWh/h for 0700-0800 CET (0500–0600 GMT), compared with levels around 29,000,000 kWh/h…
Man Who Climbed US Capitol Wall on Jan. 6 Convicted of Five Charges
A Memphis-area man has been found guilty on July 21 of felony and misdemeanor offenses for his actions amid the breach of the U.S. Capitol on Jan. 6, 2021. Lawmakers gathered at the U.S. Capitol for a joint session of Congress to count and certify electoral votes for the 2020 presidential election on Jan. 6,…
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