Monthly Archives: July 2022

Sri Lanka central bank warns against use of cryptocurrency amid economic crisis

Sri Lanka has warned its citizens against using cryptocurrency, which it said is “largely unregulated” amid an ongoing political chaos in the South Asian nation. The country’s central bank, CBSL, said Tuesday it does not consider cryptocurrencies as legal tender in the country and reminded that it has not given license or other authorization to…

Ex-Trump spokesperson said the former president ‘liked the crazies’ and wanted Alex Jones and Ali Alexander as January 6 rally speakers despite ‘red flags’ she raised

Alex Jones and Ali Alexander have both been called to testify before the House panel investigating the Capitol riot. Anna Moneymaker/Getty Images A former Trump aide said Trump wanted Alex Jones and Ali Alexander to speak at the Ellipse rally. Katrina Pierson testified that the pair were on the list of speakers as Trump “likes…

US stocks trade cautiously ahead of key inflation data, while oil steadies after cratering 7%

Investors are anxiously waiting on the latest batch of CPI data. Craig Ruttle/Associated Press US stock futures were mixed Wednesday as investors waited for the latest inflation data. Oil staged a small fightback after Brent and WTI both lost over 7% yesterday. The dollar was up slightly after gaining then slipping away from parity with…

Billionaires are exerting ever-greater influence on elections as Biden contemplates taxing America’s most wealthy: report

Then-President Donald Trump sits with PayPal co-founder and former Facebook board member Peter Thiel, during a meeting with technology leaders at Trump Tower in New York City on December 14, 2016. Shannon Stapleton/Reuters Billionaires are spending an increasingly large amount in US elections, according to a report from Americans for Tax Fairness. Directly following the…

Sri Lanka president fled to the Maldives on a military jet after being forced out of office over economic crisis

Sri Lankan President Gotabaya Rajapaksa in Colombo, Sri Lanka, in February. AP Photo/Eranga Jayawardena, file Sri Lanka’s economic crisis and related food and fuel shortages has led to mass protests. President Gotabaya Rajapaksa said he would resign earlier this week. He and his wife fled the country on a military jet to the Maldives on…