Category Archives: Finance

– All things to do with money


Russian energy major Gazprom delivered its first cargo of liquefied natural gas (LNG) via the Northern Sea Route (NSR) to China on Thursday, Reuters reported, citing the LSEG financial information company, as Moscow wants to expand using the Arctic corridor in the face of Western sanctions.

The Velikiy Novgorod tanker, loaded with LNG from the Portovaya LNG plant in the Baltic Sea, set sail to China on August 14, according to data. It has now arrived at the terminal of Tangshan Caofeidian in the Hebei province.

Russia wants the NSR – which runs through the Arctic Ocean off the country’s northern coastline and is the shortest shipping route between East Asia and Europe – to become a major shipping lane, and is investing heavily in its infrastructure. Moscow has touted NSR as an alternative to the Suez Canal.

RT News

Mainstream announcement of initiatives in line with UKAZ and REDA projects ⚡️🔥😄

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🇦🇷 Argentina abolishes income tax

Well, not entirely, but close.

Argentina has announced that it will exempt millions of workers from paying income tax in an attempt to boost the standing of Economy Minister, Sergio Massa, in next month’s presidential election.

However, the measure puts the nation at risk of deepening the country’s fiscal hole.

As of October, workers earning less than 1.7 million pesos ($4,857) per month will no longer have to pay income tax, up from the previous threshold of about 700,000 pesos, according to Massa’s statement.

This exemption means that only 90,000 top-level managers and senior executives across the country will be required to pay the tax, which is less than 1% of the total number of registered workers.

Massa is competing to advance to the second round of Argentina’s Oct. 22 presidential election after his Peronist coalition finished third in last month’s primaries.

He met with the country’s biggest union leaders on Monday to unveil the measure and made the announcement during a rally in downtown Buenos Aires, where he urged voters to support him in the upcoming election.

“Workers will not pay any more taxes on their earnings,” he said.

His main competitors in the election are Javier Milei, who emerged as the primary vote winner, and Patricia Bulrich.

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$1.5 Trillion Dollars worth of White Gold found in supervolcano on
Nevada-Oregon border

“Lithium”💥

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Malaysia will take a tougher stance to recover more funds from Goldman Sachs if the US investment bank continues to refrain from engaging with Putrajaya about repatriating funds stolen from 1Malaysia Development Bhd (1MDB), says Datuk Seri Anwar Ibrahim.

The Prime Minister said the money must be returned for people’s education, public healthcare and basic amenities.

“We are not some banana republic that you can plunder and leave.

“I will be in the United States next week and we hope to find an amicable solution to this issue,” he said during a talk during the 10th Annual Asia Summit here on Wednesday (Sept 13).

He said that the investment community was aware how the scandal has caused the Malaysian economy to suffer.

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🇺🇸🔨Potentially world’s largest lithium reservoir found in supervolcano McDermitt Caldera in Nevada

Geologists have uncovered what they believe could be the world’s largest lithium deposit inside an ancient supervolcano along the Nevada-Oregon border in the US.

Clay containing up to 40 million metric tons of lithium was identified throughout the 600-mile-wide McDermitt Caldera – nearly double what has been found in Bolivia’s salt flats that have long held the record for the most lithium deposits.

While the amount of lithium is based on estimates – no drilling has taken place – scientists have found high concentrations of lithium in the caldera since the 1970s.

As of 2022, the average battery-grade lithium carbonate price was $37,000 per metric ton, meaning the volcano is potentially sitting on $1.48 trillion worth of the precious metal.

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GESARA – https://dailyhodl.com/2023/09/09/3600000-to-be-handed-out-with-no-strings-attached-in-large-american-citys-basic-income-pilot/

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The BRICS countries are discussing the possibility of creating a common unit of account (XLM/Stellar??? 😉) that would serve as an alternative to the U.S. dollar Minister Siluanov told the Chinese state-run CGTN TV channel during the BRICS summit.

The prospect of issuing single currency (😉) for the bloc, which unites leading emerging economies, (Uniting Emerging Countries = Level Playing Field” ❤️🫂❤️) is one of the topics of the talks.

Anton Siluanov pointed out, however, that the main emphasis, when it comes to the development of trade relations, is now placed on settlements in national currencies,

“We see the potential to discuss the creation of unified settlement systems, (🎉💃🏼🍾)” he said

“Enjoying the Show”
🍿 🍿 🍿

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https://x.com/tarabull808/status/1700520725981900917?s=61 Ba ha ha!

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Pretty sure the EO seizing assets of those committing crimes against humanity is also still in play.

Fun fact: unless unconstitutional, EOs can only be overturned or stop if they:
1. Expire
2. Without expiration, Are overturned with another EO

They’re numbered
Who wrote EO 1?… twitter.com/i/web/status/1…

@CaptKylePatriots

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@CaptKylePatriots

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https://x.com/goldtelegraph_/status/1699650259100602377?s=46&t=W0c_YnawH1HJ6oomt0mfxQ

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The Russian ambassador presented a BRICS banknote in a symbolic act.
At a ceremony to celebrate the UAE’s admission to BRICS+ in South Africa, the Russian ambassador presented a symbolic BRICS banknote to the UAE ambassador.

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Niger has raised the price of uranium from 0.8 to 200 euros per kilogram.

Subscribe to @Intelsky

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TAIWAN – Why is Taiwan so important? Just to give you a perspective: 1. In the third quarter of 2022, the U.S. imported 70% of the chips made by TSMC at a total amount of $13.1 billion. TSMC reportedly will introduce the 3 nanometer and 2 nanometer chips to the mass market in Taiwan this and next year, respectively, while it plans to start manufacturing 3 nm in Arizona in 2026. https://news.northeastern.edu/2023/01/13/tsmc-investment-us-taiwan/#:~:text=In%20the%20third%20quarter%20of,nm%20in%20Arizona%20in%202026. 2. Top 5 U.S. export categories to Taiwan in 2022 included soybeans ($1.1 billion), beef ($746 million), wheat ($379 million), poultry ($287 million), and corn ($268 million). 3. Though there is no proof like in Ukraine with DTRA bio-Research (aka weapons) labs, there are articles out which state disinformation that Taiwan has talked about US Bio-weapons labs. Do your own research and decide for yourself! https://thediplomat.com/2023/07/us-bioweapons-story-reignites-concerns-about-disinformation-in-taiwan/ & https://www.taipeitimes.com/News/taiwan/archives/2023/07/11/2003803017 & https://www.hindustantimes.com/world-news/us-asked-taiwan-to-develop-bioweapons-rise-in-highly-contagious-pathogens-but-101689477710526.html Don’t forget, the US has no legal standing with Taiwan from a defense perspective. The Shanghai communique of 1972 basically indicates that Taiwan is a Province of China and UN Resolution 2758 recognizing China into the UN which Taiwan representatives were then escorted out of the UN further indicating that Taiwan is not sovereign.

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The Grain Deal 2.0 emerges?

Details of an alternative to the grain deal prepared by Russia, Türkiye and Qatar have been revealed.

Russia is now considering supplying Türkiye with 1 million tons of grain to be processed and sent to countries in need, the Russian Foreign Ministry has said.

The deliveries are to be made at a preferential price “with financial support” from Qatar. After processing in Turkish companies, the grain to be sent to poor countries, mostly in Africa. The measure was proposed by Vladimir Putin as an alternative to the grain deal.

The Russian and Turkish foreign ministers will hold talks on this topic in Moscow from August 31 to September 1.

In mid-August, Bild reported that Russia, Türkiye and Qatar were preparing a new agreement to replace the grain deal in which Moscow suspended its participation on July 18.

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https://www.businesstimes.com.sg/international/chinas-55-stock-rally-fizzles-blow-market-rescue-effort

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