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Keyword: bloomberg

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  • Chinese Battery Plant Investment Faces Local Backlash in Hungary

    01/20/2023 10:13:03 AM PST · by Right Wing Vegan · 4 replies
    Yahoo News ^ | 1/20/2023 | Bloomberg
    <p>Hungarian protesters disrupted an event in the city where Chinese battery maker Contemporary Amperex Technology Co. Ltd. and Mercedes-Benz Group AG plan a 7.3 billion-euro ($7.9 billion) factory, signaling growing opposition to the country’s single biggest investment.</p><p>Residents shouted “traitors” at officials during a town-hall meeting in the eastern city of Debrecen, a stronghold of Prime Minister Viktor Orban’s ruling party and host of the planned factory, according to a video published on Telex news website on Friday. The demonstrators said officials had failed to take into account potential environmental risks.</p>
  • Tom Brady owns more than 1 million shares in FTX that’s practically worthless after the crypto exchange collapsed

    01/10/2023 4:45:07 PM PST · by PJ-Comix · 88 replies
    Fortune ^ | January 10, 2023 | JEREMY HILL AND BLOOMBERG
    Billionaire New England Patriots owner Robert Kraft and star NFL quarterback Tom Brady are among those sharing in the pain of FTX Group’s sudden implosion. Brady, formerly a prominent FTX booster, owns more than 1.1 million common shares of FTX Trading, bankruptcy court documents show. His ex-wife, supermodel Gisele Bündchen, has more than 680,000 shares in the same entity.Meanwhile, KPC Venture Capital LLC, an entity linked to the Kraft Group, holds more than 110,000 Series B preferred shares in FTX Trading, the entity that owns its main crypto exchange, according to the court papers. The firm also owns 479,000 Class...
  • Cold winter exposes climate frauds: Germany returns to coal

    12/23/2022 9:53:52 AM PST · by MtnClimber · 46 replies
    American Thinker ^ | 23 Dec, 2022 | Olivia Murray
    As it turns out, not freezing to death and not murdering the economy is actually more important than meeting “climate goals.” This is weird…. After “leading the way” for the climate communists, Germany now faces a freezing winter and ballooning energy crises — they’re at the precipice of an economic meltdown, so they’re bringing back their coal. See what Bloomberg had to say: Germany is set to boost its reliance on coal as it battles an unprecedented energy crisis — even at the expense of its ambitious climate goals. …coal is making a comeback as countries seek to prevent soaring...
  • Exclusive: Bloomberg eyes WSJ-parent Dow Jones, WaPo

    12/23/2022 8:30:16 AM PST · by Red Badger · 8 replies
    Axios ^ | December 23, 2022 | Mike Allen, Sara Fischer
    Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or The Washington Post, a source familiar with his thinking told Axios. Why it matters: Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said. The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth. Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property, but Dow Jones — the...
  • Flanked by Union Allies, Biden Touts $36 Billion Pension Bailout

    12/08/2022 2:42:37 PM PST · by artichokegrower · 32 replies
    Bloomberg ^ | December 8, 2022 | Akayla Gardner, Jenny Leonard
    <p>President Joe Biden announced a $36 billion bailout for the Central States Pension Fund, one of the nation’s biggest multi-employer plans, touting the help for union workers and retirees as he looks to mend ties with organized labor after a contentious rail deal.</p>
  • Blackstone’s $69 Billion Real Estate Fund Hits Redemption Limit

    12/02/2022 1:22:34 PM PST · by PK1991 · 35 replies
    Bloomberg ^ | December 1, 2022 | Sridhar Natarajan and Dawn Lim
    <p>"Blackstone Inc.’s $69 billion real estate fund for wealthy individuals said it will limit redemption requests, one of the most dramatic signs of a pullback at a top profit driver for the firm and a chilling indicator for the property industry. Blackstone Real Estate Income Trust Inc. has been facing withdrawal requests exceeding its quarterly limit, a major test for the one of the private equity firm’s most ambitious efforts to reach individual investors. The news, in a letter Thursday, sent Blackstone stock falling as much as 10%, the biggest drop since March. In the past year, rich individuals, family offices and financial advisers have become more cautious about tying up money in assets that are hard to trade and value. At UBS Group AG, some advisers have been reducing exposure to BREIT. A major chunk of redemptions for the fund has come out of Asia this year, said a person familiar with the matter who asked not to be identified citing private information.</p>

    11/22/2022 8:31:24 AM PST · by SaxxonWoods · 63 replies
    USSA News ^ | 11/22/2022 | Steve Cannon
    Yes, we have Pedophile to the Elites, Jeffrey Epstein’s complete black book in addition to the flight logs going to and coming from Epstein’s private island. The picture below is a sample from the “black book” with redactions. We added the highlights.
  • Oregon Sheriff Announces Her Office Will Not Enforce State’s New Gun Control

    11/11/2022 6:38:41 AM PST · by CFW · 11 replies
    Breitbart ^ | 11/11/22 | AWR Hawkins
    Linn County Sheriff Michelle Duncan is making clear her office will not be enforcing Oregon’s new “high capacity” magazine ban. The ban is part of Ballot Measure 114 (BM 114), which was heavily funded by out-of-state money.
  • Meta’s Spiralling Rout Puts It on Brink of Losing Top 20 Status

    10/27/2022 4:17:54 AM PDT · by ConservativeInPA · 33 replies
    Bloomberg via MSN ^ | October 27, 2022 | Subrat Patnaik
    <p>Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $520 billion in the past year, and now it’s on the brink of getting booted from the ranks of the 20 largest US companies.</p>
  • Fed Is Losing Billions, Wiping Out Profits That Funded Spending

    10/26/2022 8:48:11 AM PDT · by EBH · 13 replies
    Bloomberg ^ | 10/25/22
    <p>Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity.</p><p>The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing. Falling bond prices, in turn, mean paper losses on the massive holdings that the Fed and others accumulated during their rescue efforts in recent years.</p>
  • Republicans Plan to Use Debt Limit Leverage to Reduce Social Security, Medicare: Report

    10/18/2022 1:56:02 PM PDT · by NeverCheney · 148 replies
    Yahoo ^ | Oct 12 2022 | Michael Rainey
    Republicans in the House are planning to use a potential showdown next year over raising the federal debt limit to make changes in Social Security and Medicare, Bloomberg’s Jack Fitzpatrick reports.
  • Economics professor censured live on TV for suggesting US role in Nord Stream leaks

    10/04/2022 7:17:01 AM PDT · by JonPreston · 33 replies
    WION news ^ | 10/4/22 | C Krishnasai
    A Columbia university Economics professor was censured during a live TV interview when he suggested that US and Poland might be responsible for the mysterious leaks on the Nord Stream gas pipeline.He further claimed that several journalists have reported insinuating Washington for the sabotage of pipelines
  • Jeffrey Sachs: Rest Of The World Thinks The U.S. Probably Sabotaged The Nord Stream Pipeline, But It Doesn't Show Up In Our Media

    10/04/2022 6:49:39 AM PDT · by MtnClimber · 54 replies
    RealClear Politics ^ | 3 Oct, 2022 | Tim Hains
    A Bloomberg TV host pushed back against Columbia University economist Jeffrey Sachs on Monday when he suggested that the U.S. and Poland are probably behind the destruction of the Nord Stream pipeline. "A lot of the world is watching these events in horror," Sachs said. "They view this as a horrible clash between Russia and the U.S. They don't see this, as we do in the media, as an unprovoked attack by Russia on Ukraine." "Most of the world doesn't see it the way we describe it. Most of the world is just terrified right now, frankly," he added. "The...
  • We need peace finders: This is a path of dangerous escalation

    10/04/2022 6:37:55 AM PDT · by son of terrence · 35 replies
    Bloomberg / Jeffrey Sachs ^ | 10/3/22 | Jeffrey Sachs
    JEFFREY SACHS: I was attacked in The Atlantic for being on the side of peace. And I confess, I'm on the side of peace. I'm very worried we are on the path of escalation to nuclear war, nothing less than that. Russia feels that this war is at the core of its security interests. The United States insists it will do anything to support Ukraine's defeat of Russia. Russia views this as a proxy war with the United States. Whatever one thinks about this, this is the path of extraordinary, dangerous escalation. And I am very fearful. A lot of...
  • Emails: Biden-Backing Billionaire Michael Bloomberg Tried To Meddle In Pennsylvania’s Election

    10/03/2022 8:19:56 PM PDT · by SeekAndFind · 2 replies
    The Federalist ^ | 10/03/2022 | Margot Cleveland
    At least Zuckerberg’s millions were laundered through nonprofits with grant procedures in place. Emails suggest Bloomberg just used liaisons to coordinate the funding. A prominent professor of election law served as an intermediary between Democrat billionaire Michael Bloomberg and the Philadelphia election board, attempting to broker as much as $3 million in private funding for the Democrat stronghold mere months before the 2020 election, emails obtained by investigative journalist Todd Shepherd reveal.Reporting for Broad + Liberty on Sunday, Shepherd unveiled a series of email communications between Stanford Law Professor Nathaniel Persily and Nick Custodio, the latter of whom was...
  • SHOCKER: Eco Fanatic Bill Gates Admits Scolding People to Consume Less Won’t Solve 'Climate'

    10/03/2022 10:49:13 AM PDT · by JV3MRC · 34 replies
    NewsBusters ^ | 10/3/2022 | Joseph Vazquez
    The same liberal billionaire who’s spending a fortune trying to get the plebeians to eat synthetic beef and quit using fossil fuels is now admitting he can’t force them to adopt eco-extremist habits. Microsoft co-founder Bill Gates clapped back at eco-extremists wielding climate change as a “moral crusade” to force people to change their consumption habits. He conceded on the Sept. 29 edition of the Bloomberg Zero podcast that it wasn’t “realistic to say that people are utterly going to change their lifestyle because of concerns about climate.” Host Akshat Rathi had asked Gates if a “social and political revolution"...
  • Biden's student loan amnesty a disaster, and not just for his debt forgiveness for the rich: Biden's debt amnesty scheme could cause the federal government to lose the value of half its trillion-dollar student loan portfolio

    09/30/2022 10:12:08 AM PDT · by SeekAndFind · 14 replies
    American Thinker ^ | 09/30/2022 | Monica Showalter
    <p>Joe Biden is doing all he can to detach the cost of an education from the value of an education.</p><p>Amid the stir caused by President Joe Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of borrowers — and make the U.S. student loan system even costlier and more dysfunctional than it already is.</p>
  • Bloomberg News Exposes Eco-Hypocrite Billionaire Bill Gates’ Involvement to Save Biden Climate Bill

    08/16/2022 4:12:29 PM PDT · by JV3MRC · 14 replies
    NewsBusters ^ | 8/16/2022 | Jeffrey Clark
    Liberal billionaire Bill Gates embarked on a campaign to woo Sen. Joe Manchin (D-WV) in an attempt to gain his support for President Joe Biden’s massive climate bill, according to a new report. A new Bloomberg Green report exposed a years-long behind-the-scenes pressure campaign by Gates to influence the senator into supporting his leftist climate agenda. Recently, when it appeared that Manchin was set to sink massive left-wing legislative efforts that included “climate or tax provisions” last month, Bloomberg Green said that Gates “felt he had to give one of the nation’s most powerful lawmakers a little pep talk,” referring...
  • AP and Bloomberg Give a Master Class for the Rest of the MSM on How to Spin the Great Biden Recession

    07/29/2022 12:07:32 AM PDT · by NetAddicted · 41 replies ^ | 7.28/2022 | Sarah D
    Happy Recession Day, everybody! Over the past several days, we’ve watched with great interest to see just how the media would find a way to downplay our ongoing economic downturn under President Joe Biden. We’ve seen plenty of hackery already, but we new that the real spectacle wouldn’t get underway until the numbers officially came out. Well, the numbers officially came out, and the GDP shrank by 0.9% in the second quarter. That’s a recession, folks. Earlier this week, Erick Erickson made an observation about the media’s treatment of the Biden administration’s shameless attempts to redefine “recession”: We're about to...
  • Google's Developer Realized its AI was Sentient when it Denied Israel as a Jewish Country

    07/25/2022 5:54:13 AM PDT · by Roman_War_Criminal · 33 replies
    Israel365 News ^ | 7/24/22 | David Sidman
    A Google developer was recently fired for revealing that the tech giant’s AI bot had a mind of its own. The trigger that made him realize that the technology was sentient was a joke it made about Israel not belonging to any religion. In a recent interview with Bloomberg, former Google developer Blake Lemoine explained how he arrived at the conclusion that Google’s AI system, LaMDA was sentient and how a witty response about Israel being run by a philosophy based on a science fiction movie. As part of the process, Lemoine would continually challenge artificial intelligence with nuanced questions...