World News🌏

2022-04-07 20:31:01 Collision between the ferry "Queen of Victoria" and the Soviet cargo ship "Sergei Yesenin", August 3, 1970.

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#SEE Ochish/sharhlash

2022-04-07 18:22:02 In the last week of March 2022, prices rose less than 1%
0.99% - of course, the result is very borderline, but still prices are beginning to stabilize, and that's a good thing

What is not encouraging, of course, are the levels at which they are stabilizing and the fact that many important product categories are still far from that very stability: the prices of beets, onions and cabbage in the last week of March added more than 10%, carrots - 8.5%, potatoes just under 5%. Sugar continues to rise in price: another +5% over the week and already +53% since the beginning of the year

Meat prices grew at a fairly constant pace (about 1-1.5%), chicken prices also grew faster (+2.15% vs. +1.58% a week earlier) and prices of household chemicals and hygiene products were still soaring (by 2-3% per week)

On the plus side, drug prices stabilized and prices of some appliances rebounded: TV sets, for example, fell by 7.3%.

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2022-04-07 16:36:02 MicroStrategy buys $191 million worth of Bitcoin

MicroStrategy (MSTR), a bitcoin-accumulating business-intelligence software company, said it bought another 4 167 BTC for around $190.5 million.

The purchases took place between Feb. 15 and Monday, MicroStrategy said in a statement.

The company paid an average price of $45 714 per Bitcoin. The cash used to purchase the bitcoin likely stems from proceeds of MicroStrategy's recent $205 million loan from Silvergate Bank.

MicroStrategy now holds a total of 129 218 bitcoins, valued at about $6 billion at the current price of about $46 742. CEO Michael Saylor has said on several occasions that the company plans to hold the bitcoin long term and has no plans to sell it.

MicroStrategy shares fell as much as 1% in early trading.

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2022-04-07 14:25:05 Sanctioned Russian bank VTB pays bond coupons in rubles

Sanctioned Russian lender VTB has made coupon payments in rubles to holders of its domestic subordinated bonds denominated in dollars and euros, the National Settlement Depository said on Tuesday.

State-owned VTB, Russia's second-largest bank, paid a total of 255.7 million rubles ($3.1 million) in coupon payouts on its two euro-denominated bonds and 312.3 million rubles on the dollar-denominated bond issued last year.

If Russia fails to make any of its looming bond payments within their pre-defined timeframes, or pays in rubles where dollars, euros or another currency is specified, it will constitute a default.

While Russia is unable to access international borrowing markets because of sanctions, a default would prohibit it from accessing those markets until creditors are fully repaid and any default-related legal cases are settled.

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2022-04-07 12:32:02 Just think?!!

#StatuS

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2022-04-07 10:37:02 Proud Boys leader Enrique Tarrio pleads not guilty in January 6 conspiracy case

Proud Boys leader Enrique Tarrio pleaded not guilty Tuesday to conspiracy charges related to the Jan. 6, 2021 attack on the U.S. Capitol.

Tarrio, 38, was indicted in March along with five previously indicted Proud Boys members. The other men - Ethan Nordin, Joseph Biggs, Zachary Rehl, Charles Donohue and Dominic Pezzola - also pleaded not guilty. All 6 remain in prison.

The case, one of the largest brought by the Justice Department, is set to go to trial next month, but prosecutors have asked for a delay in the trial because the indictment could add additional defendants.

In March, prosecutors told a federal judge that they were continuing to investigate the Proud Boys and believed they had found information to support additional charges.

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2022-04-07 08:51:02 Rihanna and Peter Jackson join Forbes billionaires list for the first time

The pop star and "Lord of the Rings" director are ranked 1729 and 1929, respectively, in Forbes' list of international billionaires released on Tuesday.

Rihanna's fortune is estimated by Forbes at $1.7 billion thanks to the success of her cosmetics line, Fenty Beauty.

The company, which she co-owns with French company LVMH, had revenues of more than $550 million in 2020. The singer also owns a 30% stake in Savage x Fenty, a lingerie line valued at $1 billion.

Jackson achieved billionaire status in November when he sold part of his Weta digital movie effects store to Unity Software for $1.6 billion in cash and stock.

Tesla and SpaceX founder Ilon Musk topped the list with a fortune of $219 billion, followed by Amazon founder Jeff Bezos with $171 billion. Musk's fortune has grown by $68 billion in the past 12 months, while Bezos' lost $6 billion.

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2022-04-07 06:41:02 Trump's social truth is in trouble as financial and technical problems escalate

The Twitter-like app, where posts are called "truth", has booted so low that it has fallen off the App Store charts. The company is losing investors, executives and attention.

Devin Nunez, the former California congressman who gave up the seat he held for 19 years to run the company, said the app would be "fully operational" by the end of March. But he was hampered by technical problems, including a waiting list that caused hundreds of thousands of potential users to be blocked in the 1st critical weeks online.

Trump privately resented the slow rollout of the app and contemplated joining other platforms such as Gettr, one of his biggest competitors.

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2022-04-06 20:45:07 Flight 243's roof blowout is a good example of why you should buckle up during the entire flight. The Boeing 737 accident over Kahului, April 28, 1988.

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#SEE , #really Ochish/sharhlash

2022-04-06 18:56:02 A hundred of companies put $45 billion in deals on hold since war in Ukraine

At least a hundred companies around the world have postponed or suspended more than $45 billion in deals after Russia invaded Ukraine.

These include initial public offerings, bonds, loans, mergers & acquisitions.

Since late February, about 50 companies have postponed their IPO plans, nearly 30 of which were U.S.-listed.

About 10 mergers and acquisitions valued at more than $5 billion combined were halted after the war began. In the first three months of this year, the volume of mergers and acquisitions in the world fell by 15% to $1.02 trillion.

The biggest drop was in Europe, where acquisitions targeting companies in the region fell 38%.

The impact of the war is being felt in global bond markets, where bond issuance is down 14% this year. Eight issuers from Europe postponed bond issues worth more than $5 billion.

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