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Ukraine Has A Steam Deck-Controlled Machine Gun
2.5.2023
The Ukrainian army has a new weapon in the fight against Russian invaders: Valve’s Steam Deck handheld.Read more
Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency
27.3.2023
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price...
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
15.3.2023
Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash
Russian Hackers Threaten Ukrainian Stalker 2 Devs, Things Go Badly
13.3.2023
On the 11th of March, a post on a Russian fan page for the Stalker series boasted of having hacked the in-development Stalker 2, and started making threats to the Ukrainian developers of the game. Those developers have now responded, and basically told them to go to hell.Read more
Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank
3.2.2023
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable...
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
25.12.2022
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After...
Ukrainian Devs Remind Us Life Is Still Hell As Russian Drones Bomb Cities
23.12.2022
It feels like forever since the war in Ukraine began, but it hasn’t even been a year; Russian tanks rolled across the border in February, just ten months ago. Yet what was once headline news has now blurred into the background for most of us, a conflict that for the rest of the world is...
Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’
30.9.2022
Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped to a 10.9% annual pace in September and it’s the first time...
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
26.9.2022
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls
7.9.2022
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin...
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
4.9.2022
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
3.6.2022
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Slapstick Russian Propaganda Says Nazi Assassins Owned The Sims 3
26.4.2022
Russia’s Federal Security Service (FSB) released a series of photos on Monday, reportedly showing the belongings of a group of “Nazi Assassins” who had been plotting to murder Russian TV host Vladimir Solovyov. It is a very funny series of photos, for a number of reasons.Read more
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
9.4.2022
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold...
Awkwardly, Ubisoft’s Division 2 Update Is All About A Nuclear Power Plant Invasion
2.4.2022
During Russia’s ongoing and horrific invasion of Ukraine, Russian military forces have taken over and held various nuclear power plants located in the country. In what is unfortunate but likely unintentional timing, Ubisoft has revealed that the new mode coming in loot shooter The Division...
War Game Disables In-Game Chat Over 'Political' Concerns
30.3.2022
War Thunder is a multiplayer combat game on PC and consoles that lets players take control of tanks, ships and aircraft from various time periods and just go at it. And like many other games of this type—World of Tanks and Warships in particular—the in-game chat experience can sometimes...
Retro Computer And Game Museum In Ukraine Destroyed By Russian Bombing
26.3.2022
A large, privately-owned, and operated museum dedicated to retro computers and video games was destroyed earlier this week in Ukraine as a result of the ongoing and horrific invasion of the country by Russia. While a museum being destroyed doesn’t compare at all to the thousands dead and injured...
Russian Chess Champion Suspended After Publicly Supporting Invasion Of Ukraine
22.3.2022
Russian chess grandmaster Sergey Karjakin, one of the world’s top players, has been suspended for six months by the International Chess Federation after publicly voicing support for his country’s invasion of Ukraine.Read more