Category: Business & Markets

Australian Authorities Made 4,000 Requests to Big Tech to Censor COVID-19 Content

May 23, 2023
AustraliaBusiness & MarketsCCP VirusCompaniescovid censorshipInternationalMedia & Big TechVaccines & SafetyWorld
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The Australian Home Affairs Department—normally responsible for dealing with terrorism and border security—made over 4,000 requests to U.S. tech giants to review COVID-19-related content during the pandemic years. The revelations come after a Freedom of Information request (pdf) from Senator Alex Antic and highlight the extent to which government authorities attempted to control public discourse around…

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House Votes Against EPA Truck Emissions Rule, Setting Up Biden Veto

May 23, 2023
bidenBusiness & Marketscongresseconomic policiesEnvironmental Protection AgencyEPAPolicies & ImpactsPoliticstruckUSUS News
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The House voted on May 23 to overturn the Biden administration’s rule on heavy-duty vehicles’ tailpipe emissions, the latest knock against the president’s environmental agenda in a closely divided Congress and the forerunner to an expected Biden veto. The short piece of legislation would roll back a rule submitted by the Environmental Protection Agency (EPA)…

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Several Federal Reserve Officials Mull 11th Round of Rate Hikes

May 23, 2023
bank crisisBusiness & Marketseconomic policieseconomyFederal Reserveinflationinterest ratesInvestmentMarketsPolicies & ImpactsrecessionUS
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Several Federal Reserve officials are open to at least one more interest rate hike in the coming months to cool inflation. Several top policymakers have publicly spoken in favor of returning to the hawkish policy of the previous year at the next meeting in June, reported Fox Business. However, the central bank has come under increasing…

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Former MP Says Victorian Budget a Disaster for Local Businesses

May 23, 2023
AustraliaBusiness & Marketseconomic policiesNeil AngusTim PallasVictorian budgetWorld
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Former Victorian Liberal MP Neil Angus has criticised the Labor government for introducing a new round of taxes targeting large businesses and landowners in the 2023-2024 state budget to repay COVID-19 debts.  The new taxes are part of the measures introduced by the Victorian Labor government to address the $31.5 billion (US$20.9 billion) debt incurred…

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PwC Facing Potential Criminal Charges

May 23, 2023
AustraliaBusiness & MarketsCompaniescorruptionPricewaterhouseCoopersWorld
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The Australian government is considering taking criminal action against one of the world’s largest consulting firms PriceWaterhouseCooper (PwC) following revelations the company used confidential treasury information to create a system that enabled large companies to avoid paying Australia’s newly devised taxes. Australia’s Assistant Treasurer and Minister for Financial Services Stephan Jones has confirmed that the Australian…

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[PREMIERING 9:30AM ET] Paul D. Thacker: Twitter’s Secret Meetings and How Certain Journalists and Officials Gained ‘Exclusive Access’ to the Social Media Giant

May 23, 2023
American Thought LeadersATL:NOWBig TechBig Tech CensorshipBig Tech, Censorship, and SocialismBusiness & Marketscancel cultureCCP VirusCompaniesCOVID vaccineCOVID-19EpochTVFacebookFDAFeatured TopicsLive VideosMedia & Big TechPfizerTaylor LorenzTony FauciTucker Carlsontwitter filesUSVideo
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“What Elon Musk did is, by buying Twitter, he severed ties between Twitter officials and some very privileged journalists who had exclusive or premier access to Twitter,” says Paul D. Thacker, an investigative reporter and Twitter Files journalist. Thacker recently revealed a number of relationships between Twitter staff and certain journalists, pharmaceutical companies, and government…

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Will Australia Become the Next Venezuela or Will the Magic of the Market Prevail

May 23, 2023
AustraliaAustralia energy crisisAustralian resourcesBusiness & Marketsenergyenergy transitionInternationalOpinionPeter DuttonViewpointsWorld
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Commentary Energy policy is looming as a fracture point in Australia’s political discourse. At the next election, Australians will have a clear choice between the philosophies of “magic pudding economics” and “the magic of the market.” The path Australians take will determine their long-term well-being. Energy supply and cost are key indicators of the sophistication,…

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Closing Prices for Crude Oil, Gold, and Other Commodities (May 23)

May 23, 2023
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery rose 86 cents to $72.91 a barrel Tuesday. Brent crude for July delivery rose 85 cents to $76.84 a barrel. Wholesale gasoline for June delivery rose 1 cent to $2.66 a gallon. June heating oil fell 1 cent to $2.36 a gallon. June natural gas fell 8 cents…

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How Major US Stock Indexes Fared Tuesday

May 23, 2023
BrightBusiness & MarketsDowinvestingMarketsNASDAQpersonal financeRussell 2000S&P 500stockstocks
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Stocks slid on Wall Street as the U.S. government creeps closer to the edge of a potentially disastrous default on its debt. The S&P 500 fell 1.1 percent Tuesday as Democrats and Republicans still haven’t agreed on a deal to keep the U.S. government from running out of cash. Washington is facing a deadline as…

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Africa’s Forceful First CBDC Push a Resounding Failure

May 23, 2023
AfricaBusiness & MarketsCentral Bank Digital Currency (CBDC)cryptocurrencyeconomyMarketsnigerian currencyWorld
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The Central Bank of Nigeria’s (CBN) efforts to make citizens move away from cash and adopt the eNaira Central Bank Digital Currency (CBDC) have been unsuccessful, according to a report by the International Monetary Fund (IMF). The eNaira, launched by CBN on Oct. 25, 2021, was Africa’s first CBDC. In a May 16 IMF report,…

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