Saturday, October 12, 2024
Avoid..
Thursday, October 10, 2024
Petro..
The BRICS bloc who is ridding the petrodollar could doom the US and its geopolitical influence. Because of the currency’s importance, the country is allowed a certain amount of leverage. This is crucial as the country has to ensure the stability of the asset on a global scale.
This leverage is a key reason why the country is able to do things like weaponize the currency in sanction practices.
Oil-exporting countries have an interest in ensuring the US dollar is strong. At the end of the day, the system supports a collective effort to benefit the Western currency.
If that went away, it would be chaos for the West. If BRICS could somehow challenge the system enough to change, the US would be forced to play by international rules.
Therefore, the currency would no longer be vital to global economics. Altogether, leading a collective effort to embrace a new status quo, regardless of what it means for the Greenback or the West
Sunday, October 6, 2024
Near..
Israel’s military says it has encircled Jabalya, northern Gaza and launched a new ground operation, after seeing signs of Hamas rebuilding, despite nearly a year of fighting and strikes in the territory.
The attention shifts to Lebanon after Israeli forces escalated their attacks on the Hezbollah militant group, Israel continues to operate across Gaza and is again focusing on an area it previously said was rid of Hamas.
Elsewhere in Gaza, at least 25 people are confirmed dead after Israeli airstrikes hit a mosque and a school in the center of the territory, hospital officials say. Israel said Hamas was embedded in both buildings.
One year of killings and it seems that the circle is completed, and the end became the beginning of a new killing.
Squatters..
Almost two dozen disheveled squatters tormented and terrorized the residents and businesses surrounding a vacant $4 million Brooklyn brownstone they commandeered.
The young miscreants stole packages off neighbor’s porches, threatened passersby, damaged private property, got high on the stoop, and set off fireworks in the early morning hours, neighbors told The Post.
The squatters — including one who walks with a cane busted into an attached carriage house behind the building. They then used sheets of corrugated steel to barricade those doors. Computers stored inside were also stolen, allegedly. [ NY Post.]
Finance..
A finance expert at Florida Atlantic University revealed that the United States’ unrealized losses on investment securities are over $500 billion as of the end of Q2 2024. This is a slight downtrend from the first quarter of the year: a decrease to $513 billion from $516 billion.
Saturday, October 5, 2024
Cappuccino..
Danish scientists discovered that, for example, cappuccino has a greater anti-inflammatory effect than an Americano. But that doesn't mean that a cup of black coffee is unhealthy. During the studies, researchers also confirmed that coffee contains minerals and antioxidants, which can reduce the risk of cancer, type 2 diabetes, and dementia. Thanks to the caffeine content and its appetite-suppressing properties, it can help treat obesity. However, the type of coffee is not insignificant.
Danish studies focused on the fact that proteins found in milk and antioxidants from coffee together double the anti-inflammatory properties in immune cells. This means that coffee with milk impacts health differently than black coffee. Scientists used a model of artificial inflammation in cultures of immune cells to study the anti-inflammatory effect of combining polyphenols with proteins. Still, it can be assumed that such a combination would benefit the human body equally.
Everything indicates that white coffee has more anti-inflammatory properties than black coffee
Victim..
One of the most damaging, at least monetarily, was the lawsuit filed by New York Attorney General Letitia James alleging that Trump overstated the values of some of his properties for the purpose of getting lower interest rates on real estate loans.
It was a weak case, at best, for two reasons.
First, it was politically motivated. James had run for office on a platform of pursuing Trump. "We will all rise up and resist this man," she once told a campaign crowd, "and ultimately, we'll bring him down."
Second, the trial revealed, in the words of this newsletter [Washington Examiner] , "that there were no victims, that the loans were paid back in a 'timely and total' fashion, that the lending institutions made the loans based not on Trump's representations but on their own research, and that some of those institutions were eager to do business with Trump again."
The suit should never have been brought, but even after James decided to go ahead, any penalty should have been small. Just a thought.