Aurelia Butler

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  • 150 Shares199 Views

    in Economy

    Tories seize on GDP rebound as they sell recovery to sour electorate

    Standard DigitalWeekend Print + Standard Digitalwasnow $85 per monthBilled Quarterly at $199. Complete digital access plus the FT newspaper delivered Monday-Saturday.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 88 Shares149 Views

    in Economy

    Economic rebound offers respite for Rishi Sunak

    Standard DigitalWeekend Print + Standard Digitalwasnow $85 per monthBilled Quarterly at $199. Complete digital access plus the FT newspaper delivered Monday-Saturday.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 100 Shares159 Views

    in Economy

    A missed opportunity for a China-EU grand bargain

    Standard DigitalWeekend Print + Standard Digitalwasnow $75 per monthComplete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 150 Shares189 Views

    in Cryptocurrency

    “Satoshi Nakamoto Plan” Tweet About Crashing Banks Published by Max Keiser: Details

    Sternlicht said he expects U.S. regional and community banks to begin to fail one or two each week. There are over 4,000 of those banks around the U.S.The main reason for this, according to Sternlicht, is that the Federal Reserve has been raising interest rates and now it will not start cutting them down – that was announced during the recent FOMC meeting. Therefore, among those who will “get whacked” will be the real estate sector and local banks working with it. Similarly to 2009, real estate loans are likely to suffer now, the billionaire expects.Overall, experts believe that currently the U.S. Fed Reserve is stuck between allowing a banking crisis (if they keep the rates high) and permitting inflation to grow stronger and out of control (if they begin to loosen interest rates). Therefore, high rates will keep inflation more or less tamed while crucial sectors of the economy, which have a strong dependency on loans, are unable to survive in a higher-rate environment, even if they seem strong enough for that at first glance.Max Keiser believes that this is going “exactly as Satoshi planned it.”Kiyosaki advocated investing in Bitcoin, as well as in physical gold and silver, predicting that the prices of these assets are going to skyrocket in the near future. In particular, Kiyosaki tweeted this year that he expects BTC to hit $100,000 by September.Keiser reckons that, mostly, Kiyosaki has been right about the U.S. economy heading downhill at a fast pace.This article was originally published on U.Today More

  • 125 Shares199 Views

    in Cryptocurrency

    This PAC wants to influence U.S. elections with crypto-friendly candidates

    The well-orchestrated spectacle is a clear indication that the crypto lobby, backed by a war chest of over $85 million, is ready to make a strong impact in this year’s elections. Stand With Crypto’s PAC plans to fund candidates from both major parties in the upcoming elections for the House of Representatives and the Senate, drawing on its base of 440,000 members. According to Federal Election Commission records, other crypto-focused super PACs like Fairshake, Defend American Jobs, and Protect Progress have already raised over $110 million this election cycle.This move is part of a larger effort by the crypto industry to influence U.S. political outcomes, particularly after facing increased regulatory scrutiny.This surge in political funding by crypto entities follows the criminal conviction of FTX founder Sam Bankman-Fried, who was found guilty of misappropriating customer funds, some of which were funneled into political donations.Stand With Crypto differs from super PACs in that it directly collects and distributes funds to candidates rather than operating independently. This allows for closer cooperation with campaigns, although it is subject to stricter donation caps.The PAC supports a diverse slate of candidates including Jim Banks, a Republican Senate candidate in Indiana; Jim Justice, also a Republican Senate candidate, in West Virginia; Shomari Figures, a Democrat aiming for a seat in Alabama’s Second District; Eddy Morales, a Democrat running in Oregon’s Third District; and Troy Downing, a Republican candidate for Montana’s Second District.”The goal is to endorse candidates and support candidates that are protecting the rights of our advocates of Stand With Crypto throughout November,” Nick Carr, chief strategist at Stand With Crypto, told Reuters.Inside the club, Coinbase CEO Armstrong complained about politicians not giving due regard to the crypto industry, even though, according to Coinbase’s calculations, crypto holders outnumbered EV owners by fivefold and union members by 3.5 times. He, along with others on stage, roused cheers with rally-style queries and highlighted the importance of exercising one’s voting power. More

  • 163 Shares189 Views

    in Cryptocurrency

    Experience the Future of Liquid Staking: Kintsu Testnet Launches Exclusively on May 13th

    Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain.Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party computation (sMPC) within the Liminal privacy layer.About KintsuKintsu aims to reshape the DeFi landscape with its next-generation liquid staking platform, empowering users to stake their assets while maintaining liquidity. By leveraging Aleph Zero’s state-of-the-art security and unparalleled transaction speeds, Kintsu provides unmatched flexibility and efficiency in liquid staking.A recipient of the Aleph Zero Ecosystem Funding Program, Kintsu is recognized as a pioneer within the Aleph Zero, INK, and Substrate ecosystem. With a focus on decentralization, and security, Kintsu aims to redefine liquid staking, providing DeFi users with a efficient, scalable, liquid, and composable staking solution.Key Features of the Kintsu Testnet- Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively.- Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency.- Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched.- Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed.- Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}.Hats Finance Audit Competition:Kintsu has partnered with Hats Finance, a decentralized cybersecurity network, to conduct an audit competition on the contracts that will be deployed on the Testnet. The competition features a bounty of $40,000, incentivizing ethical hackers and security experts to identify and report vulnerabilities. This initiative ensures that Kintsu’s contracts are thoroughly vetted before their mainnet launch, maintaining the highest security standards as Kintsu pioneers the future of liquid staking.Participation and Feedback:Kintsu invites its community to actively participate in the Testnet, exploring its innovative features and providing crucial feedback. This feedback will play a significant role in enhancing the platform’s user experience.Connecting with the Kintsu CommunityUsers can stay updated on the latest developments and engage with other like-minded individuals by joining the Kintsu Discord community and following on Twitter. Insights and feedback from the community are crucial in shaping the future of DeFi.ContactDirector of GrowthAlexios [email protected] article was originally published on Chainwire More

  • 163 Shares159 Views

    in Economy

    China’s cenbank says it will keep prices stable, guard against yuan overshooting risks

    In its first-quarter monetary-policy implementation report, the People’s Bank of China (PBOC) said current low prices are caused by a lack of demand in the real economy and an imbalance between supply and demand. It said it expected a mild increase in consumer price index by the end of the year, and narrowing contraction in the producer price index.The PBOC also said it would also coordinate research on policies and measures for absorbing the stocks of properties and optimising new homes. More

  • 138 Shares99 Views

    in Economy

    Global equity funds attract big inflows as rate cut bets rise

    Investors bought a net $12.72 billion worth of global equity funds during the week, the largest weekly net purchase since March 20, data from LSEG showed.Last week, Labor Department data showed U.S. job growth slowed more than expected in April, easing worries that the persistent inflation in the first quarter would push the Federal Reserve to hold interest rates for longer.European equity funds led the way, attracting about $6.21 billion in a second successive week of net buying. Asian and U.S. equity funds recorded net purchases of $4.71 billion and $1.14 billion, respectively.However, sectoral equity funds recorded net outflows for a sixth successive week, worth about $519 million. Investors sold healthcare, tech, and gold & precious metals funds for a net $390 million, $340 million and $308 million, respectively.Consumer staples bucked the trend with about $507 million worth of net purchases.Debt funds were also in demand with investors pumping a net $12.6 billion into global bond funds, the most in a week since April 10.Global high yield bond funds attracted a net $3.41 billion, the largest amount since Jan. 31. Loan participation and government bond funds saw net purchases of about $2 billion and $1.46 billion, respectively.Money market funds secured about $54.96 billion worth of net inflows, the most for a week since March 6.Among commodities, investors ditched $493 million worth of precious metal funds, the largest net weekly withdrawal since April 17. Energy funds lost a net $93 million.Data covering 29,503 emerging market funds showed investors remained net sellers for a fourth straight week, with a net $1.51 billion flowing out. Emerging equity funds attracted $1.17 billion, however, the first weekly net purchase since March 27. More