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The Power of YouTube Likes in Shaping Political Narratives

youtube influencers

Political discourse has found a new home on YouTube, where likes play a crucial role in shaping narratives and influencing public opinion. Political figures and commentators use this platform to disseminate their messages, and audience engagement, particularly through likes, can significantly impact political discussions.

The Correlation Between YouTube Likes and the Spread of Political Ideologies

Likes on political videos can indicate the popularity and acceptance of certain political ideologies. Generate the most YouTube likes with Famoid. This engagement can amplify messages and contribute to the spread of specific viewpoints.

  • Audience Approval: High likes can suggest that the content resonates with a broad audience, indicating support for the political views presented.
  • Algorithm Promotion: YouTube’s algorithm tends to promote videos with high engagement, which means liked videos are more likely to reach a wider audience.
  • Public Sentiment: Likes can be a barometer of public sentiment, reflecting how a particular political stance is perceived by the audience.

Examples of Political Campaigns That Have Successfully Leveraged YouTube

Several political campaigns have effectively used YouTube to engage with voters, utilizing likes to boost their messages’ visibility and credibility.

  • Barack Obama’s 2008 Campaign: One of the first to leverage social media, Obama’s campaign videos received significant engagement, helping to mobilize young voters.
  • Donald Trump’s 2016 Campaign: Trump’s use of YouTube and social media played a crucial role in his campaign strategy, with high engagement levels boosting his visibility and message spread.
  • AOC’s Campaigns: Alexandria Ocasio-Cortez has effectively used YouTube to communicate her policies and connect with a younger demographic, with high likes indicating strong support.

The Impact of Likes on the Visibility and Credibility of Political Content

Likes not only increase a video’s visibility but also enhance its perceived credibility. This can lead to more significant influence over public opinion.

  • Increased Reach: Videos with more likes are more likely to be recommended to other users, extending their reach.
  • Credibility Boost: High engagement can signal to viewers that the content is worth watching, thus boosting its credibility.
  • Viral Potential: Politically charged videos with high likes have a greater chance of going viral, further spreading their message.

Strategies Politicians Use to Increase Engagement and Sway Public Opinion

Politicians and their campaigns employ various strategies to increase likes and engagement on their YouTube content, thereby influencing public opinion.

  • Interactive Content: Q&A sessions, live streams, and behind-the-scenes content encourage viewer interaction and likes.
  • Call to Action: Politicians often directly ask viewers to like, comment, and share their videos to increase engagement.
  • Emotional Appeal: Videos that evoke strong emotions, whether positive or negative, are more likely to receive high engagement.

READ ALSO: The Politics of Finance: Navigating Economic Policies in the Age of TikTok

Conclusion

YouTube likes are a powerful tool in shaping political narratives and influencing public opinion. By understanding the dynamics of engagement and its impact on visibility and credibility, political figures can effectively use YouTube to amplify their messages. For viewers, likes serve as a useful indicator of the popularity and potential credibility of political content, helping them navigate the vast landscape of political discourse online.

Political Responses to Financial Crises

In the unpredictable realm of finance, financial crises are a sad fact that cannot be avoided. If these crises occur, the reaction of political leaders is of the utmost importance in deciding the course of action that will be taken and the final recovery of the economy. In the middle of the commotion, individuals could look for alternate ways to ensure their financial stability, such as investigating possibilities where to sell gold. During difficult times, people may access extra financial resources by selling gold jewelry and precious metals bullion from reputable purchasers. This provides consumers with a dependable outlet to unlock the value of their gold assets.

Political Dynamics of Financial Crises

Financial crises are not only economic occurrences; instead, they are intricately interwoven with the dynamics of political society. Various factors, including economic philosophy, party politics, and compliance with regulatory monitoring, greatly impact the severity of financial crises and the length of time they last. 

To lessen the impact of crises on the economy and society, political leaders need to understand and manage these intricate processes while simultaneously developing effective remedies.

Government Bailout Programs

Governments often implement programs to stabilize financial institutions and restore economic trust in response to financial crises. Typically, these schemes entail giving loan guarantees, acquiring distressed assets, or infusing cash into banks experiencing hard times. Even though bailout programs often come under great scrutiny because of worries about moral hazard and the burden they place on taxpayers, their primary objective is to avert the collapse of the whole system and save depositors’ cash.

Strategies of Political Leaders During Financial Crises

Political leaders face immense pressure to respond decisively during financial crises. Their strategies may vary depending on the severity of the situation, prevailing economic conditions, and political considerations. Some leaders opt for bold interventionist measures, such as massive stimulus packages and aggressive monetary policy easing, to jumpstart economic recovery. Others may pursue more cautious approaches, focusing on regulatory reforms and fiscal consolidation to restore market confidence and ensure long-term stability. Financial crises test political leaders’ resilience and leadership capabilities like no other challenge. 

Understanding the political dynamics underlying these crises is crucial. By doing so, leaders can implement effective government bailout programs, adopt strategic responses, and help steer their countries through turbulent times. This comprehensive approach and adopting strategic responses can pave the way for sustainable economic recovery. As we navigate the uncertain waters of the financial world, the importance of strong and decisive political leadership grounded in a deep understanding of the political dynamics cannot be overstated.

The Cryptic Facade: Unraveling the Political Persona in the Age of Crypto

Crypto
Politics

In an era dominated by technological advancements, the intersection of politics and cryptocurrency has become an intriguing landscape to explore. The amalgamation of these two seemingly disparate worlds gives rise to a phenomenon that demands scrutiny — the cryptic facade of political personas in the age of crypto(source: immediateeurax360.com)


Cryptocurrency as a Political Frontier

Cryptocurrencies, led by Bitcoin and followed by an array of altcoins, have transcended the financial realm and entered the political arena. Politicians worldwide are increasingly acknowledging the potential of blockchain technology and the impact it can have on governance, finance, and even diplomacy. As the influence of crypto expands, so too does the need for politicians to adapt their public image to align with this evolving landscape.


The Tech-Savvy Politician

In the age of crypto, a new breed of politicians is emerging — the tech-savvy leaders who understand the intricacies of blockchain, decentralized finance, and the broader implications of digital currencies. This shift is not merely cosmetic; it reflects a deeper understanding of the changing dynamics in the global economy and the role that cryptocurrencies play in shaping the future.


Transparency vs. Anonymity

One of the paradoxes of the crypto-political landscape is the tension between the call for transparency in governance and the desire for individual financial privacy. Cryptocurrencies, known for their pseudo-anonymous nature, present politicians with the challenge of balancing the demand for openness with the need to protect personal and financial information. The public is left to decipher the cryptic nature of these political figures’ financial activities and holdings.


Navigating Regulatory Waters

As the crypto space grapples with evolving regulations, politicians find themselves at a crossroads. Some advocate for embracing the decentralized nature of cryptocurrencies, championing innovation and financial inclusion, while others push for more stringent regulations to mitigate potential risks. The cryptic facade extends to the political debates and decisions surrounding the legal frameworks that will govern the crypto landscape.


Global Diplomacy in the Digital Age

Cryptocurrency has transcended borders, leading to new opportunities and challenges in international relations. Political leaders engage in digital diplomacy as they navigate the complexities of cross-border transactions, economic sanctions, and the role of crypto in geopolitical power dynamics. The cryptic facade becomes a tool in the hands of political figures as they shape their image on the global stage.


Public Perception and the Cryptic Persona

The public’s understanding of cryptocurrency varies widely, and political figures must carefully craft their image to resonate with diverse audiences. A cryptic persona may be perceived as forward-thinking by some, while others may view it with suspicion. Navigating the intricacies of public perception becomes an art form for politicians in the age of crypto.

You might also want to read about Exploring the Political and Financial Impacts of Crypto Futures.

Conclusion:
The interplay between politics and cryptocurrency is a dynamic and evolving narrative. The cryptic facade that accompanies political personas in this digital age reflects the challenges and opportunities presented by the rise of decentralized technologies. As politicians continue to grapple with the complexities of the crypto landscape, the need for transparency, adaptability, and a nuanced understanding of the digital frontier becomes paramount. The cryptic facade may be a reflection of the uncertainties in this emerging space, but it also symbolizes the potential for transformative change on the political stage.

Politics In Towing Office

Saying that you are not affected by office politics is like saying that you are not affected by politics in general. It influences job development, a lot. The key to winning this battle is learning to thrive in the political environment of your workplace, and knowing when and how it pays to get involved.

Ways to win in towing office politics

Build broad alliances

One of the smartest things you can do is build company-wide alliances in the Towing San Jose office. This way, you have a hand in as many political arenas as possible. If you do this and show people everywhere that they can trust you, you’ll have a good chance of getting ahead, no matter which industry is “winning”. If you are looking for a reliable tow truck service online, find them on the map here – https://g.co/kgs/dqJpWQ.

towing san jose

Keep your eyes on the objective

Remind yourself, as many times as you have to, that you’re not into office politics for fun or to be one of “them”. You’re doing it for two reasons: to succeed in your career and to get the job done.

Leave a good taste in the mouth

Part of what contributes to office politics like a bad reputation is the perception that there is always a winner and a loser. Looking over office politics works best if you keep an eye on the golden rule of negotiation. Finish and everyone feels like they’ve won. Instead of trying to beat an opponent, spend that time and energy thinking about how they can get what they want. This is how to play smart.

Never play halfway between two rivals

A situation that everyone fears is getting caught between two warring sides. In a situation like that, it’s easy to tell each of them what they want to hear, even if it means just nodding in agreement when they mistreat each other. But false loyalties are always exposed in the long run. Then none of the people you were trying to impress will ever trust you again. Instead, direct your conversations to the facts.

Stick to your principles

Before you make any decision fueled by office politics, ask yourself why you’re doing it. If you are motivated by jealousy, fear, or revenge, never do it. If it clashes with your values ​​and beliefs about fair behavior, it’s best not to get involved.

How Politicians can Budget Their Money for Projects?

Politicians are always a target when it comes to excess spending on projects. Politicians are seen as corrupt and uncaring people who just want to spend money. This is the exact reason why politicians have to be extra careful in every move and decision they take. Because one wrong move and it can be used against them.

Having said that, politicians need to understand their own finances. In addition to that, they have to learn how much they can spend on projects. Politicians need to budget their money for projects and not just spend it recklessly.

Here is how you can do the same if you are a part of a politician’s team with big plans for the district or country.

Know Your District

Before you decide which projects to start or to continue, you need to know the needs of your district. That is, what problems do your constituents face in their daily lives? How can you solve these problems with your budget?

You can decide if you want to continue a project that you started or if you want to push for a new project. You can also decide if there are already solutions to the problems in your district.

Set a Budget for Each Project

After you research which projects are worth the money, you need to decide how much you can spend on each project. This is where you use your financial intelligence to set a budget. It is vital to take into account of your finances.

How much debt do you have? How much income do you get? Which projects are urgent? You also need to consider the financial situation of your district. Do they have enough income? You need to take all of these factors into consideration when you decide how much you can spend on each project. You can also use tarpera for better financial decisions.

Be Conscious on Your Spending

You have researched which projects are worth the money and you have set a budget for each project. Now, you need to be smart about where you spend your money. You should try to spend it in an effective manner that solves the problem.

You should try to spend it in a way that will bring results. You can do this by partnering with the right people and organizations in your district. You should also try to get the maximum value from each project you spend your money on.

Curse or Blessing: Regulating Cryptocurrencies

Bitcoin

 

One of the hottest topics in today’s financial world is cryptocurrencies. At the same time, despite all the hype surrounding the potential benefits of earning money using platforms like Bitcoin 360 AI, there are many different criticisms, such as the inconsistency of regulation. In fact, it wasn’t until May 2022 that the crash of a stablecoin called TerraUSD (UST) reignited the call for formal regulation of the cryptocurrency market. In response, two American senators pushed for a new cryptocurrency regulation bill to counter the current patchwork of federal and state regulations in the U.S., which are not always effective in their intentions to regulate cryptocurrencies. In Europe, too, approaches to the regulation of cryptocurrencies already exist. Learn more in our article below.

REACTION TO THE TERRAUSD CRYPTOCURRENCY CRASH

In recent years, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have taken dozens of measures to regulate cryptocurrencies. However, after the TerraUSD crash, the Treasury Secretary first called on Congress to enact a comprehensive regulatory framework for stablecoins. The argument for this request was that in the early days of social media, there was no regulator which led to many societal problems and had similar risks to the cryptocurrency market. The proposed framework includes tax requirements for digital assets as well as stricter requirements for stablecoins. The framework also proposes provisions on cybersecurity, a potential self-regulatory organization, disclosure requirements, and instructions to the Federal Energy Regulatory Commission to study the industry’s impact on the energy sector.

SEC VS. RIPPLE CASE

A precedent regarding the general definition of crypto assets and their regulation, which should be known to all crypto investors, is the case of Ripple vs. SEC. The SEC has filed a lawsuit alleging that Ripple made an unregistered $1.3 billion security offering by selling the “XRP” token created in 2012. The case is particularly important in the context of regulation, as it could lead to legal consequences for other digital assets. According to the SEC, the sale of XRP resulted in an illegal securities offering. Ripple, on the other hand, argues that XRP is a virtual currency and not an investment contract like a stock. If Ripple doesn’t win the case, there’s a lot at stake for the future of cryptocurrencies. Should Ripple lose the case, most of the cryptocurrencies currently traded in the United States would be classified as securities, resulting in crypto companies having to register with the SEC, resulting in escalating costs and enormous waiting times.

REGULATION: IMPORTANCE, POTENTIAL THREATS, AND PROGRESS
‍Meaning

Currently, there is no single regulatory authority for cryptocurrencies, neither in the US nor in Europe. Regulation is handled differently by different authorities. The aim of the future, uniform regulation is to increase investor protection and reduce manipulation in the cryptocurrency market. In the case of Bitcoin, the token is considered a commodity in the current draft law and would thus be regulated by the CFTC – other tokens, on the other hand, would be classified as securities and regulated by the SEC. However, regardless of whether the cryptocurrency market is regulated or not, it remains highly speculative.

Threats

Some of the dangers associated with the regulation of cryptocurrencies are centralization and over-regulation. This is partly because it’s not clear what cryptocurrencies should be classified as securities, goods, property, or virtual currencies. The problem with this is that each classification has its own set of rules, which could lead to over-regulation. In addition, too much regulation would destroy the innovative nature of the crypto sector. True innovation can only take place where conditions are as free as possible.

Progress

The greatest advances in the regulation of cryptocurrencies are in Europe based on the MiCa and the Travel Rule (Europe).

  • MiCa (Markets In Crypto Assets): This regulation is driven by the European Union. As a result of this framework, the European Union aims to become a global leader in competition and innovation in the financial sector and in providing consumer protection for digital finance.
  • Travel Rule: This regulation is about the prevention of money laundering with cryptocurrencies. Transactions are tracked and reported if suspected.

 

ALSO READ: Advantage And Disadvantage Of Investing In Real Estate

 

CRYPTOCURRENCY BAN IN CHINA AND RUSSIA: ALSO CONCEIVABLE IN EUROPE?

China

In 2021, China banned cryptocurrency trading and mining, making it the toughest against cryptocurrencies in the world. Then, in 2022, the Chinese government began pursuing blockchain companies and the use of non-fungible tokens (NFTs) as long as they remain under state control. A state-backed blockchain company, the Blockchain Services Network, rolled out an infrastructure that allows individuals and businesses in China to use non-fungible tokens that are not linked to private-sector cryptocurrencies such as Bitcoin or Ethereum.

Russia

Russia has experienced an internal conflict over the status of cryptocurrencies, prompting President Putin to enact a law banning the use of digital assets, including cryptocurrencies, to pay for services and goods. Under the new law, cryptocurrency exchanges and providers are required to refuse transactions where digital payments could be interpreted as a substitute for currency exchange. However, there are exceptions for certain payments based on the final clause of the law. Put simply, the new law means that individuals can buy cryptocurrencies but cannot use them to pay for goods and services.

THE ROLE OF CENTRAL BANK DIGITAL CURRENCIES (CBDCS)

It is clear that the Federal Reserve will introduce a CBDC. In general, CBDC is considered a digital liability of a central bank that is available for public use. As with existing forms of money, a CBDC would give the public the ability to make digital payments. However, this would also be a liability of the central bank, although it is also one of the safest digital assets available, as there are no credit or liquidity risks associated with it.

CBDCs are not the same as cryptocurrencies. Rather, CBDCs are digital versions of FIAT currencies and are influenced by monetary policy, inflation, and deflation. It is therefore not to be expected that CBDCs will replace traditional cryptocurrencies, especially since they have different purposes. We also point out that CBDCs will be far more stable than other cryptocurrencies. CBDCs are understood less as classic cryptocurrencies. It is quite possible that the cryptocurrency economy and CBDCs, as well as stablecoins, can coexist based on the chosen policy.

POSSIBLE CONSEQUENCES: CRYPTOCURRENCY PRICES AND MARKET CAPITALIZATION IN RESPONSE TO REGULATION

Compared to cryptocurrencies, when trading stocks in general, investors know what to expect, as they come with strict regulations to protect investors, and regular profit forecasts and actual earnings reports are issued. When trading cryptocurrencies, there is no such protection, which means there is less security and greater risk. As awareness of cryptocurrencies has evolved, governments have also developed an awareness of digital assets and their potential benefits to the economy. For example, African countries such as Nigeria, Ghana, and South Africa have already introduced CBDCs. In fact, over 100 countries, which account for 95% of the world’s gross domestic product (GDP), are considering adopting their own digital currencies.

Many proponents of cryptocurrencies see regulations as something positive, as established corporations and funds could wait to invest in cryptocurrencies due to a lack of regulation and could invest in the crypto asset class after regulation. In addition, it is argued that the introduction of regulations for investing in cryptocurrencies would lead to transparency across the asset class, which is crucial for institutional investors as it helps to create risk profiles. Other arguments for the positive effects of the regulation are that the price is unlikely to stabilize until there are clear regulations for trading cryptocurrencies and there is no reporting on them. This is not an acceptable situation for large financial firms. Institutional investors are expected to be more likely to engage in cryptocurrency investments with the implementation of regulations, which could lead to further stabilization of asset prices. However, the extent of the investments and the exact effect cannot be clearly assessed.

We expect regulation to have a positive impact on the crypto market.

Because while approaches to regulating cryptocurrencies are changing, there is still no clear indication of how and when exactly this will happen. Still, there are clear signs of change, such as the ban on cryptocurrencies in China and Russia and the increased emphasis on the adoption of CBDCs. Although there is still no clear evidence of the exact extent of cryptocurrency regulation, it has been made clear that something needs to be done to protect investors. It remains to be seen to what extent the regulatory framework can be implemented in the long term and what effect it will have on the market.

The Importance of Studying Politics

Politics is a topic that sparks debate and discussion much as with traders with edge as many people are yet to understand to full concept of trading. As with politics, people often have wildly different opinions on what the meaning of it is, why we have it, and where we see it going. Despite this, many people shy away from studying politics as a subject in school or university. 

There are a variety of reasons for this, but the main one is that most people feel politics is not something they can make a difference in. This article looks at some of the benefits of studying politics and why you should consider doing so now!

It Helps You Understand the World around You

Politics is the study of social and economic systems, and how these systems are run. It looks at how these systems affect the world around us, and how they can be modified and improved to benefit society.

Studying politics as a subject helps you understand how the world functions, and how and why different political systems are used in different areas of the world.

It helps you understand the communities and societies you live in, and how they came to be as they are. It also helps you understand how other societies operate and why they are different to your own.

It Helps You Decide which Career Path to Take

Studying politics as a subject helps you to decide which career path you want to take once you have finished your education.

It provides you with a solid understanding of the different careers associated with the field of politics, and equips you with the skills you will need to pursue them.

It can help you decide whether you want to pursue a career in government, business, or journalism, and provide you with the necessary skills to be successful in these areas.

Studying Politics can Lead to a Job in Politics or a Related Area

If you are interested in working in politics, or in a related area, you can use your knowledge of politics to find a job in this field. Many employers in this area are always looking for people with knowledge and experience in the field, particularly if they want to work in government. Having this knowledge will help you get your foot in the door, but you may also need to complete further training or education in order to advance in your career.

Progressive Dems Develop Strategies on How to Win Seats in November

Progressive Democratic Reps Raskin (MD) and Khanna (CA) are pushing for plans they’ve developed to drive new victories as 30 House Democrats are about to exit. Rep. Jamie Raskin, who is an expert constitutional law professor asserts that

”At this point, we have to defend the United States of America’s constitutional democracy with everything we’ve got.”

As more Republican seats are up for grabs this coming midterm elections, it suggests increased threats of Republicans taking over the House majority leadership.

 

Staying Optimistic to Overcome Political Handicaps

The two progressive lawmakers who apparently have tired of the ideological politics overshadowing the true Democratic messages, want Democrats to focus on coalition-building instead of preaching.
Democrats running to win seats in the national House of Representatives should also share a more optimistic message while improving their dialogue on racial divisions. Raskin and Khanna give advice for Democratic candidates to stay out of the political correctness position by shaking up discussions for reclaiming issues on patriotism.

Also Rep. Ro Khanna says it’s important for midterm candidates to ramp up reminders of how Democrats were able to pass into law the $1.9 trillion pandemic relief bill known as the American Rescue Plan and the $1 trillion bipartisan infrastructure bill despite slim margins in the Lower House and the Senate. Although this California legislator said he wished they could have done more, he argued that they have a fighting chance to defy the odds as the other party is out to destroy American democracy.

Democratic Lawmakers Want FTC to Put a Stop to Surveillance Advertising

Democratic lawmakers Rep. Anna Eshoo of California and Sen. Cory Booker of New Jersey wrote to the FTC requesting for regulations on surveillance advertising. Through a letter titled as “Petition for Rulemaking by Accountable Tech,” the two Democratic lawmakers conveyed that the practice should be banned or at the least, have limitations across various digital platforms.

The letter to the Federal Trade Commission (FTC) was sent shortly after Rep. Eshoo and Sen. Booker introduced a bill called “Banning Surveillance Advertising Act.” The bill is still pending and if it passes, it would officially prohibit the practice that permits advertisers to track and use personal and sensitive user-data.

What is Surveillance Advertising?

Surveillance Advertising refers to the practice wherein “cookies” are used to personalize advertisements directly sent to Internet users. Cookies, refer to the personal back office data left by website visitors, which most of the time include sensitive information. This technique has become a predominant practice in online advertising, since paid advertisements bring extra sources of income for the hosting websites.

Rep. Anna Eshoo in a press release explained how the surveillance advertising business model collects and hoards personal data to enable advertisers to send out ads directly targeting consumers. It empowers online platforms not only to pursue user engagement. It can also encourage the opposite, such as user discrimination, voter suppression and privacy abuses among many others.

The two Democratic lawmakers elaborated on how targeted advertisements can be utilized by foreign adversaries and entities to collect personal data. Tracking personal data and user-targeted ads help in spreading misinformation, which according to Booker and Eshoo are serious concerns.

Democrats Mark a Win Vs Trumpism As Majority of Californians Vote to Keep Newsom as Leader

The results of the California gubernatorial recall election turned out to be a win for Democrats as CA Gov. Gavin Newsom won the referendum by a huge margin. Out of the 70% total ballots counted, 64% voted to have Newsom stay on as state governor while only 36% voted in favor of the Republican vying to replace Newsom in his gubernatorial position, The statistics showed that the outcome is similar to the percentage of Golden State voters who voted for Biden and Trump in the last presidential election.

Governor Newsom’s win also demonstrated that the Democratic Party has achieved its goal of cancelling out Trump’s brand of conservatism. During President Biden’s campaign speech in support of the incumbent California governor, the US President warned that Californians have to let Gavin Newsom stay on as their governor, or they get to have Donald Trump instead.

Had the election resulted to Newsom being recalled, the Republican that would have replaced him is a pro-Trump talk show host named Larry Elder.

How Did the 2021 California Recall Election Came About?

The recall effort was started by California Republicans last year by gradually criticizing Newsom’s ability as a state leader. Issues that were thrown against the California governor were in relation to he’s handling of the state’s immigration issues, the increasing size of the state’s homeless population and the most recent, the various coronavirus restrictions imposed to prevent the spread of the disease across the state.

Since majority of California’s citizens voted to keep Newsom as their governor, it showed that voters aren’t too eager to replace government officials and other leaders that made it their priority to impose COVID-19 policies that are in effect, against the grain of what Republican politicians are campaigning for.

Pres. Biden Signs EO Aimed at Reforming Unfair Competition Practices of Big Companies

On July 09, Pres. Biden issued a sweeping executive order containing 72 directives aimed at reigning in powerhouse capitalists dominating various U.S. markets. In rationalizing his administration’s purpose for issuing the executive order, the new POTUS remarked that the core of American capitalism is founded on a simple concept: “open and fair competition.”

Along with several members of the White House cabinet, Biden asserted that keeps the economy growing.

“Competition is the major force that keeps the economy moving toward growth and prosperity.”

 

The 72 initiatives reflects a major change in Democratic policy making processes, to which a new generation of economists conducted research studies in advocating changes aimed at protecting workers and consumers. The studies support arguments that link high prices and unfair wages to consolidated corporate capitalism.

As it is, Pres. Biden’s new executive order signifies the start of policy shifts that focus on corporate behavior and their impact on consumers. To which the White House administration expects strong resistance from companies that will seek relief by filing legal cases in courts, where some have demonstrated skepticism over arguments over competition.

All things considered, the effectiveness of the new executive order relies heavily on the efficiency of concerned federal agencies in enacting and enforcing the changes, which could take several months before any concrete actions will be carried out. ,

Examples of Sectors that the Biden Administration Identified as In Need of Reforms

The new executive order signed by President Biden enumerated 72 initiatives that aim to implement business reforms particularly in relation to competition. Below are some examples of issues that federal agencies must address:

The Food and Drug Administration (FDA) has been tasked to work toward allowing the importation of cheaper drugs manufactured by Canadian pharmaceutical companies. In addition, the order includes permitting over-the-counter sale of hearing aids as a means to reduce costs to consumers by hundreds of dollars.

The Department of Transportation must compel airlines to provide details about the “add-on fees” charged for seating provisions and baggage services. Moreover, reforms must be instituted to make it easier for consumers to claim refunds on canceled flights.

Federal regulators should institute changes to limit the provisions of “noncompete agreements,” which usually prevent employees from switching to jobs offered by competitors.

Financial regulators must require banks to furnish customers data related to their financial transaction even when they transfer to a competitor bank.

The Biden executive order directs regulators to put in place new rules that would put an end to “unfair methods of competition” adopted by online marketplaces for ecommerce like Amazon and app stores like Apple.

Federal regulators are to take direct aim at at the ability of tech companies to merge as a way solidify their influence over American and dominance in the industry by acquiring the companies of upcoming rivals.

Regulators have been specifically tasked to support leading antitrust agencies like the Federal Trade Commissions and the Department of Justice and Federal Trade Commission in preventing employers from unifying in order to reduce employee benefits as well as suppress wages.

Pres. Biden Unveils Ambitious $2 Trillion Infrastructure Plans

Last week, President Biden unveiled the details of his $2 Trillion proposal to rebuild the country’s infrastructure in order to reshape the American economy. The infrastructure plan would see to the badly needed repairs of 10,000 bridges and the construction of 20,000 miles of roads, firsts and foremost.

Biden also mentioned that the provisions would enhance internet service, improve the quality of drinking water, shorten commute times, and even out wages. Gradual completions of the plan will enable corporations to increase their revenues, which in turn, will generate more  . At the same time, projects will roll out to address racial inequities and to curb the detrimental effects of climate change..

Many were impressed at the extent of Biden’s proposal as it highlighted his use of the opportunity to address long-established economic and social challenges. White House officials reiterated that federal spending and tax credits will be utilized in:

  • Rebuilding 20,000 miles of roads, and repairing 10,000 bridges; all of which have the most economic significance;
  • Eliminating lead pipes used in providing the country’s water supplies;
  • Creating millions of jobs for American citizens through an assortment of infrastructure construction projects; and
  • Reinforcing competitiveness among American citizens in the long haul.

The proposed infrastructure plan also aims to address climate change by speeding up the process of shifting into cleaner energy sources, which would aid in encouraging racial equality.

The funding of the projects would generated through an increase in corporate tax credits that will remain in effective for 15 years. Not only will this strategy fund the plan, but it would also induce multinationals that book their earnings and profits in other countries. The improved infrastructures and tax credits would nudge companies to produce and invest locally. .

Pres. Biden Still Making an Appeal for Bipartisan Support

President Biden is still making calls for support from both Republican and Democratic lawmakers in Congress, even though Republicans have already been mentioning their opposition to the plan.

Biden described the program as the largest American jobs investment ever since the last World War, it would take only a span of eight years to complete. The projected 15-year period within which tax revenues will increase would be more than enough to offset the spending. Furthermore, the increase would eventually reduce government’s budget deficits.

Bitcoin Mining Profitability on the Rise as BTC Price Surges at $51,960

Bitcoin prices have surged further as BTC trading today (Feb.18) closed at $51,960, after major companies bought bitcoins to seed their digital business funds. During the week, BNY Mellon and Mastercard led the pack of companies that have already instituted plans of including cryptocurrencies in their business operations. These latest developments will likewise make bitcoin mining more profitable for successful miners.

Still, the continuing rise in the number of mining participants will heighten mining difficulty that will in turn, increase global electricity consumption. The growing concern among advocates of climate change movements is that the high energy used in cryptomining will greatly impact, if not negate the results of all actions undertaken to reduce carbon emissions. This is considering that climate scientists have set the year 2050 as the crucial period by which zero carbon emission must be achieved.

A recent study by Cambridge University researchers has already established that fact that about 0.56% of the global energy used in 2020 was used for mining bitcoins and various altcoins. Using a device in analyzing the electricity consumed by all cryptocurrency miners throughout the globe, the Cambridge researchers reported that the global mining industry has been using up to 121.36 terawatt-hours (TWh) of electricity per year.

The amount was compared with other countries, to which results showed that it exceeded the 113.20 TWh of electricity consumed by the United Arab Emirates and has slightly exceeded the 121 TWh of electricity consumed by Argentina.

Wide Use of Renewable Energy as a Way to Reduce the Carbon Footprint of the Bitcoin Mining Industry

While many bitcoin mining farms are using renewable energy such as solar, wind and hydro, as well as nuclear, as means of reducing cost of electricity, not all bitcoin miners have access to these types of electrical power generators. Some have formed mining pools in order to optimize the coal-powered electricity consumed by their bitcoin machines. However, the strategy proved effective at the time when bitcoin trade was dominated by retail traders, and when bitcoin was not widely used as payments for online transactions.

Nonetheless, the use of renewable energy is at present, still the likeliest solution to reducing the carbon footprint generated by the mining machines used for global mining

Mining As A Service as an Alternative to Running Mining Machines on Coal-Powered Electricity

To provide small-scale bitcoin mining businesses and independent professional miners with a solution to reducing CO2 emissions, the Elevate Group is now offering Mining As A Service. The services offered through the group’s platform include using one or more bitcoin mining machines running actively in the company’s low-cost mining facility.

The terms of the service contract is indefinite as termination coincides with the life of the bitcoin mining machine. That being the case, the Mining as a Service (MaaS) includes cost of maintaining the machine and the facility to ensure prolonged productivity of the mining machine even as difficulty rises.

Moreover, in the event of power outages, professional bitcoin miners will have less to worry about if their mining machines are supported by Elevate Group’s Mining as a Service platform.

How Democrats Will Pass Biden’s Relief Fund w/o Republican Support

A budget resolution had empowered Democrats to pass President Biden’s $1.9 trillion COVID-19 relief package via a process called reconciliation procedure. Although voting resulted to 50-50 votes between Democratic and Republican senators, Vice President Kamala Harris exercised her duty to break the tie, by voting in favor of the Democrat’s “Yea” votes.

Still, during the overnight session, the Senate voting resulted in the exclusion of an immediate increase of the national minimum wage from the present $7.25 per hour to $15 per hour. Majority of the senators voted in favor of tailoring the $1,400 direct payments to qualify only the low-income earners.

Apparently, the changes had already been discussed in a previous meeting held at the White House with the top leaders of the Democrats. They all agreed that there is a need to immediately pass and enact the $1.9 trillion relief package to enable the government to battle the still ongoing pandemic that has already claimed more than 450k American lives, whilst putting millions out of work.

President Biden Settled for Compromises to Avoid Lengthy Negotiations

Although Biden said he was willing to compromise with Republicans, he rejected the $600 billion relief package suggested by the Republicans. Still, the President said that he’d settle for some compromise just so the passing of the bill won’t be slowed down by long drawn out negotiations.

President Biden said that it was a matter of choosing getting help to Americans right away to Americans who have been hurting badly, instead of having the relief package be delayed by lengthy discussions and negotiations. According to the President, the data showing that the job market is still showing a continuing weakness is proof that the government must take a more aggressive course of action.

In a related announcement, Democrstic House Speaker Nancy Pelosi projected that the final passing of the COVID-19 relief bill would pass before the recently released special unemployment benefits expires on March 15, 2021.

Understanding the Cost of Lawsuits, as Trump and His Team Continue to Ask for Donations

When reading about news of multiple lawsuits filed by lameduck president Trump, those not familiar with lawsuits might think that litigation costs come cheap. On the contrary, filing a lawsuit from the very start costs money, especially if the complaint is civil in nature. Mainly because the plaintiff or the complainant has to pay the filing fee prescribed by the court.

Other court fees may be required if the lawsuit includes a request for garnishment, or other writs requested from the court, as deemed necessary by the attorney handling the case.

On top of the court fees, a plaintiff has to pay his or her legal representative the agreed attorney fees, deposition fees, copy fees and other fees that arise in relation to obtaining records from government, medical, school and/or other similar /institutions. In civil cases related to accident settlement claims, litigation costs would include accident reconstruction fees.

In most cases, the estimated cost of pursuing a lawsuit must be known beforehand. Even if a settlement lawsuit has a likely potential of being awarded the sum of money being claimed,   it would all be a waste of time and money if the litigation costs exceeded the settlement amount.

Trump Team’s Solicitation of Donations to Fund Multiple Lawsuits Across Different States

While Trump’s lawsuits are largely political and have seen many court rejections, he is not paying for the litigation costs out of his own pocket. As soon as the November 03 election results started showing numbers trending toward a Joe Biden win, Trump’s campaign team started sending emails soliciting donations, allegedly to fund lawsuits that will seek to overturn the fina election results.

However, the emails came with a disclosure in fine print stating that 60% of each dollar donated will be used to pay off unpaid election campaign obligations.

Nonetheless, there are loyal Trump supporters, including big-value donors who contributed to the cause despite the remote possibility that the lawsuits will garner favorable court rulings. So far, reports have it that of the 36 lawsuits filed in different courts, 26 were rejected, including an appeal turned down by the Pennsylvania Appeals Court.

Trump Legal Team Drops Lawsuit, Big-Money Donor Seeks Refund

Just recently, a donor is seeking a refund of the $2,5 million he contributed to the Houston-based Trump team called “True The Vote.” This was after learning that the group has dropped all lawsuits seeking to get legal court rulings that will declare the election proceedings as fraudulent.

The donor, Fred Eshelman, a businessman whose investment company Eshelman Ventures LLC primarily invests in private health-care companies, has actually filed his own lawsuit against “True The Vote” in order to seek refund of the huge sum he donated.

It would be interesting to find out how a federal court will rule on Mr. Eshelman’s claim for refund since the money was supposed to have been given as a form of donation. It’s not as if he gave them as a lawsuit loan to fund a settlement lawsuit the way pre settlement funding companies do.

Even if it was a form of investment, it was obviously an unwise investment decision on his part, as he should have been aware that the election lawsuits lacked merit. Federal judges did not allow the cases to prosper in court as not a single evidence could be presented as proof that there was fraud.

The Truth About the Politics of Online Casinos in South Africa

Cape Town, South Africa

 

South Africa is fast rising to become one of the planet’s most busy online casinos enjoying destinations, also many forecasts this trend increases tenfold overtime ahead of.

As the nation continues to invest heavily in the creation of technical infrastructure, in addition to more accessible and more inexpensive online access because of its visitors, the outcomes find a lot of its players glancing on the internet to find a brand fresh amount of casino entertainment.

Contemporary South African Gaming Not Fully Defined

Surprisingly South Africa has rather a rich gaming history, one that crosses as far back as the 1700s, in addition, it appears to be quite a history that has seen a range of changes to its territory and internet gaming action. For this reason, it’s no surprise many gamers have been left confused and unsure about what the present status is of gaming within the nation.

Gaming Legislation in South Africa

The Southern African American landscape has ever been a somewhat rocky land up until recently, that of course with regard to the nation’s longstanding oppression under the Apartheid regime. Beneath the then authorities that the freedom to love games of chance and luck in almost any circumstance or placing wasn’t only greatly criminal but often indicative of.

From a historic standpoint, it was just very before the 1965 South Africa Gambling Act an actual formalized ban was put on nearly all kinds of gaming actions, the sole exception with this bit of law was horse racing, solely on account of the simple fact that it had been deemed a game as opposed to a kind of sports gaming.

Strict Ban

Inevitably the 1965 Act was a spark into the fire of casino playing fans since they watched the opportunity to discover alternative methods of educating their favorite pastime, and much also more importantly an opportunity to earn some significant cash. From the time that the Apartheid regime has been abolished in 1994 and the first democratic elections occurred that there were an estimated 2000+ prohibited gaming institutions throughout the nation.

To present a more organized and regulated condition to betting from South Africa the new authorities handed the National Gambling Act of 1996. The act then allowed for the performance of casinos that were online, in addition to internet sportsbooks they owned the appropriate operating licenses provided by one of the 9 provincial gaming boards. It was also in that time that Lottery, bingo, and similar gaming activities were regulated, sadly, Interactive gaming, also known as internet gaming, was deemed prohibited within the boundaries of South Africa.

With the creation of this National Gambling Act of 1996 came an undercover governing body called the National Gambling Act. This had been the board’s duty to be sure the regulating of gaming action in South Africa, of that support and aid at the provincial level, could be offered from the 9 recently elected provincial boards.

Legal Online Gaming in South Africa

Concerning interactive gaming (online gaming), segment 11 of the gaming action 2004 issued by the NGB still stays company, it says that:

“An individual shouldn’t participate in or make accessible an interactive match except as authorized regarding this Act or another federal law.”

With that said, you will find a rising number of large scale overseas casinos requiring both South African gamers in addition to South African Randsthis, obviously, raises the issue concerning possible legal loopholes permitting local players the chance to practice online gaming with no repercussions.

The interpretation of this South African National Gambling Act and its following changes comprises two quite conflicting statements. On the 1 hand, it asserts that the sole platforms that may offer online gaming services into the SA participant pool would be such online bookmakers accredited from the NGB.

Another…

…says that no support at all should offer online gaming services to inhabitants of South Africa.

With this kind of conflicting statement, off-shore casino sites such as those that can be found on https://kiffslots.co.za, sportsbooks, poker rooms as well as the likes have discovered there isn’t any explicit text from the African law that prohibits players from playing these games that were online, nor suggests punitive steps.

Therefore, numerous trustworthy and internationally famous platforms with headquarters out the Southern African authority have come to be the ultimate alternative for lawful gaming actions by South African players.

Even the “by-way” of obtaining and enjoying online gaming services were devised, however, the topics of reliability and trustworthiness nevertheless stayed as crucial concerns. This was mainly on account of the simple fact that such foreign platforms were accredited by overseas authorities.

Due to the nature of Internet gaming for South African players, now We’ve created a number of Important standards to assist gamers in Picking the Ideal operators for their gaming needs, these standards include:

  • Permit to function — Though the licensing authority can’t be local, it’s still a good idea to decide on a platform that conveys a permit to run from any other authority. This is true as a result of standards and criteria enforced by the said government so as to attain some ordinary degree of support quality and therefore player gratification.
  • Safety protocol — SA players must also look closely at their preferred casino system’s safety. Those using good SSL encryption sign it alongside the site address from the browser bar, in addition to in corresponding webpages (such as ‘Around US’) about the phone or PC customer.
  • Game suppliers — With all the match supplier variety reaching huge proportions, you will find both top business giants with respectable applications offering and newer developments to the company seeking to show their reliability. This option mainly depends upon the players’ taste — broadly accessible, reliable titles, or even more specific gameplay choice.

Banking Strategies for Southern African players

The significance of maintaining funds and trades safe during their whole gameplay experience has induced players to pay an exclusive focus on the Cashier page in the preferred casino stage. The perfect banking systems for Southern African casino gamers are the ones that permit them to process trades in their home money, the South African Rand (ZAR).

While it has not been around for long, today, there are multiple Respectable platforms which have oriented towards this particular participant pool and offer several Kinds of techniques that take this money:

Credit & Charge cards

South Africa is growing increasingly more attractive destinations for internet gaming content suppliers, which includes, in turn, brought a growing amount of payment solutions. While the very initial platforms just watched two of those debit and credit card chips, SA players may now deposit and withdraw money with Visa, Maestro, MasterCard as well as American Express.

E-wallets & e-money chips

There are lots of e-wallet and e-money transport services available on the internet that offer SA gamers an opportunity to sign up for their money deposit and swap it in a licensed one. But it’s necessary to be aware that the top international e-wallets PayPal, Neteller along Skrill, in addition to e-money providers EcoPayz and PaySafeCard all supply this particular player pool with protected and also appropriated payment processing solutions.

Bank transports / EFT payments

Bank transfers and EFT payment arrangements make it possible for players greater freedom concerning the total deposited and removed. They might take a little more time to process the payment request, however, their longstanding, dependable, and simple operations ensure it is a good banking choice for SA gamers in their particular gaming platforms.

 

ALSO READ: Moving to Online Conferences to Schedule Hearings

 

Cyber Security Experts Consider Trump’s Refusal to Accept Defeat a National Security Risk

Political security experts consider Trump’s refusal to accept defeat as a potential threat to national security by preventing an orderly transition of power. One such threat that is being given much attention is the possible launch of cyber attacks, which makes early transmission of classified government information to President-elect Joe Biden necessary. That way, the new administration will be better prepared to respond defensively and offensively in dealing with cyber attacks. .

First Secretary of Homeland Security Voices Concerns Over Trump’s Uncooperative Stance

Former Pennsylvania Republican Governor Tom Ridge, who served as President George Bush’s Assistant for Homeland Security and the first to hold the position of Secretary to the United States Homeland Security, warned that cyberspace has always been and will continue to be unsafe. He gives advice that it’s important for Pres-Elect Joe Biden and his administration to prepare for both offense and defense strategies as soon as the new set of officials assumes office on the 20th of January in 2021.

The former Pennsylvania Governor added that Trump’s uncooperative stance will only worsen the present situation in which the country is juggling with problems coming from all directions, and while facing an economic fallout and amidst a worsening worldwide pandemic. That is why the country cannot afford to lose time in initiating the transition of presidential and administrative powers.

Cyber Attacks Expert Also Considers Trump’s Refusal to Allow Transition as Posing Security Risks

In a Washington Post interview, Marcus Fowler, who served as CIA officer for 15 years in the development of global cyber strategies and technical operations, voiced opinions similar to Mr. Ridge.

Mr. Fowler who is currently the Director of Darktrace, a leading AI cyber security company that deals in cyber threat detection and in developing responses to global threats, said Trump’s continuing refusal presents risks in the security of the country. According to Mr. Fowler, even without any major cyberattacks, the delays Trump is causing only makes the country an easy target for espionage campaigns by way of cyber attacks that could come from known adversaries like Russia, China and Iran.

Nonetheless, several Washington Post correspondents reported that President-elect Joe Biden’s team has been provided with a more than 10,000-square feet wide office space at the Herbert C. Hoover Building. Additionally, the transition team has been provided with government-issued computers and iPhones to use in conducting secure communications.

Yet Trump continues to assert that his numerous lawsuits across different states will prove that he is the rightful winner of the recently concluded presidential election. He continues to push for recognition as the winner despite the fact that he is not gaining positive grounds in his legal challenges. Mainly because his enablers still can’t produce reliable proofs that there really was voter fraud in the concerned states.

Moving to Online Conferences to Schedule Hearings

Can you picture how the Speaker of the House is trying to delete any unruly MPs from the chat or perhaps, a tech-challenged person has accidentally live-streamed himself doing chores to the entire country? In today’s time, the pandemic has really changed the landscape how we do things and even the Parliament is not an exemption to it. You’d notice that there are a lot of politicians who are embracing virtual meetings and taking in all the benefits and drawbacks associated to it.

As what we have recently mentioned, there are many politicians who are now learning to adapt to the Post-Covid19 world much like everyone else. We have our national cabinet and leaders doing their meeting through a video chat, live TV on Skype as well as parliamentary committee members discussing national issues right in their home.

Challenges that are Given

So as with everyone else trying to battle the intermittent internet connectivity and left in awe with colleagues who do not know how to mute, it is definitely time among politicians to join the bandwagon and consider doing zoom meetings too. Given with the tech challenges of working from home, it created tons of memes throughout the course of the lockdown, which is expected with the way how people are reacting to the virus.

In all fairness, the connectivity is getting a lot better than they were before. Imagine this, during questioning, rather than ejecting any unruly members or temporarily muting the mic, the Speaker of the House just kicked out an MP in the conference if they will not stop making interruptions.

The Speaker or the host has the power of muting all participants in one click, lest an important dialogue has to be marred by MP simply because they forget to turn off the video or mute the audio before doing something else.

Failure Perhaps

Refraining from committing any tech failures with some older folks of the chamber is inevitable. There is no doubt that there is one in the group who is not familiar or aware of how to use certain features and streaming with only their foreheads seen, or the inside of their nostrils. With the incorrect webcam placement, they look either too far or too close from the video.

While it is true that everyone else in the cabinet is trying to make adjustments in this “new normal”, seems that online businesses have been prepared all their life. Eventually, politicians would get used to it and have a smooth transition.

Trump Signs EOs for Coronavirus Relief, Even if Unconstitutional

Trump acted unconstitutionally again, when he signed executive orders (EOs) on four coronavirus relief measures after Congress failed to agree on 4th stimulus bill. Even if the EOs are likely to be challenged in courts, Trump signed the directives, whilst calling them “bills” which were hardly reflections of real concerns for the American people.

 

What Trump Orders as Economic Relief

The Executive Order Trump signed last Saturday (August 08, 2020) addressed only four major issues.

On the $600 Coronavirus Relief Paycheck That Expired Last July 31, 2020

While the Democrats want to extend the economic relief paycheck at the same amount of $600 ($150/week), the Republicans want to cut it down to $400. Trump’s memorandum reduces the $400 further, as the directive was to allocate the funds as aid for both the states and their people. The state government will receive $100 out of every $400 of the fund allotted as coronavirus relief. This means that Americans can expect to receive only $300 per month or ($75/week).

On the Eviction Moratorium That Expired Last July 24, 2020

On the matter of the expired eviction moratorium, the Democrats are negotiating for additional financial assistance to renters on top of the extension of the eviction moratorium. The Republicans in Congress simply suggest for an extension up to December 31, 2020. However, Trump’s memorandum does not make any mention of extending the moratorium; but only reiterates federal policy that recommends minimizing eviction proceedings on renters during the ongoing pandemic, Trump’s memorandum merely suggests that government officials should identify legal ways of helping renters and homeowners.

Suspension of Payroll Tax

Trump’s EO includes a memorandum suspending payroll tax effective August 01, 2020, which only means deferment of taxes; perhaps until Trump gets himself re-elected. Although Trump made hints that he will make permanent the suspension of payroll tax if he stays on as president, doing so would only mean a reduction of Social Security funds, which is tantamount to a reduction of benefits derived from the system.

Pause on Student Debt Payment and Accrual of Interests

.

As far as federal student loans are concerned, Trump’s order is aligned with bipartisan support for the extension of suspending collections and accrual of interest on student debts for another three months. Since the pause on student loans under the CARES Act is set to expire on September 30, 2021, it means student loan borrowers will resume making payments in January 2021.

However, it seems that the pause on payments and accrual of interest applies only to federally-backed student loans, which denotes that Trump’s memorandum has no provision for students debts obtained from private lenders.

Biden’s Newest Ad Worries Dems

Biden’s newest campaign ad was meant as a rebuttal to Trump’s insinuation that the Chinese government supports Biden’s candidacy for self-serving purposes.

The Biden ad shows how during the early stages of the Covid-19 pandemic, Trump simply rolled over with every information and explanations that China willingly offered. The former Vice President projected a tougher stance by saying that if he was in Trump’s position he would have demanded openness from China:

‘“You (China) have to be open; be clear because we have to know what is going on”

However, Democratic voters, particularly those not supportive of a Biden leadership, are saying the party’s presidential nominee is sending mixed signalsthe party’s presidential nominee is sending mixed signals. They are concerned that the campaign could stir anti-Asian sentiments that Trump encouragedwhen the latter later accused China of causing the coronavirus pandemic.

Surge in Harassments Committed Against Asian American

A report published by Stop AAPI Hate revealed that since March 2020, the organization has tracked more than 1,100 incidents of verbal and physical assault against Asian Americaans.

According to the report, harassment actions were mostly directed at women and children; usually taking place in pharmacies and retail stores across 46 state where shelter-in-place has been mandated.

Agencies under the Trump administration, including the Department of Justice (DoJ) or the CDC, are not taking action to stop negative sentiments toward Asian Americans. Although the DoJ made efforts to reach out to Asian American advocacy organizations, the action came only as a show of response to queries put forward by the Center for Public Integrity.

Speaker Pelosi and Her Impeachment Standoff Strategy to End This Coming Week

Last Friday (January 10, 2020) House Speaker Nancy Pelosi signified that the 3-week standoff in the holding of Donald Trump’s impeachment trial is about to end.

Through a letter sent to her fellow Democrats, she gave particular instructions to House Judiciary Committee Chairman Jerrold Nadler (D-New York), to be prepared in the coming week. Rep. Nadler will take on the responsibility of bringing to the House floor, a resolution that officially transmits the articles of impeachment to the Senate, while also naming House members who will be appointed as the House’s manage in the impeachment trial.

Although, the articles of impeachment were ratified by the House of Representatives before Christmas, Speaker Pelosi did not send them immediately to the Senate. The move sent Repunlican Senators, specifically Senate Majority Leader Mitch McConnel in limbo.

McConnel announced that it was his plan to turn the impeachment trial into an open-and-shut case. As it is, the Republican-controlled Senate simply intends to pass a resolution that will outrightly dismiss all impeachment charges against Donald Trump, without having to call on witnesses even for Trump’s defense.

Apparently, much has happened during the 3-week hiatus including the US-Iran conflict that Trump escalated by ordering the killing of top Iranian military official Major General Qasem Soleimani. Certain incidents and developments seem to have made the time ripe for the continuance of the impeahment trial.

Speaker Pelosi said the impeachment trial will proceed, even without securing a detailed plan of how the Senate will move forward once the ball starts rolling in the Senate floor.

Still, the House Speaker harshly criticized Senator MacConnel (R-Kentucky) for his show of total disregard for the oath he has taken in carrying out his duty as an impartial participant to an impeachment trial… to uphold the interest of the American people and not just that of Donald Trump.

Although Speaker Pelosi’s move to hold out was derided by president Trump and his staunch Republican minions in the senate, there are now indications that the impeachment trial might not carry on the way the Senate Majority Leader had strategized.

Some Republicans Intend to Make a Bipartisan Move to Bring in More Witnesses

The Republican Senator of Maine. Susan Collins has come out with a statement delivered via the Bangor Daily News that she has been working with a small group of Republican Senators, to make certain that the impeachment trial will include the presentation of additional witnesses for the benefit of the appointed House managers and the president’s counsel.

Senator Collins emphasized that they have taken an oath to carry out their duties with impartiality and it is important that both sides will receive fair treatment.

President Trump, Senator McConnel and other Republicans who have continuously lambasted the impeachment proceedings as a hoax, can goad and gloat all they want for having the numbers that will see the charges against Trump instantly dismissed. Yet it only takes four (4) Republican Senators to take a bipartisan stance in making sure a fair trial will transpire by hearing more witness testimonies.

Speaker Pelosi calls Senator McConnell’s intention of immediately passing a resolution to dismiss the impeachment charges as a “cover-up.” He and Republican Senators who support McConnel’s vastly unusual behavior, continue to show total disregard for the oath they had taken.

House Speaker Pelosi Tells Republican House Representatives to Get Serious

Speaking on behalf of the House Democrats, House Speaker Nancy Pelosi said in a press conference last Tuesday (October 15, 2019) that the House of Representatives will not subject the impeachment inquiry into a voting process.

Speaker Pelosi said

“We’re not here to call bluffs,” “This is not a game to us. This is deadly serious.”

Yet, Republicans continue to question the authority of the Lower House to conduct the impeachment probe. Actually, their contention is one of the “talking points’ recommended by the White House to support the Trump administration’s refusal to cooperate in the ongoing impeachment inquiry; particularly in submitting other documents related to Trump’s controversial phone call with Ukraine President Zelensky.

In fact, the White House officially declared war against the Democrat-controlled House of Representatives by way of a letter that conveyed the Trump administration’s refusal to cooperate with what it terms as an “illegitimate court.”

House Intelligence Committee Chairman Adam Schiff said Republican Representatives are aware of the power given by the Constitution to the Lower House with regard to the impeachment process. Chairman Schiff rationalized that Republicans know it, but are merely dodging discussions about Trump’s illegal conduct, by steering focus of discussions on the impeachment process instead.

However, as the House continues to issue subpoenas, the White House is slowly losing ground as former Trump administration officials defied orders not to appear before the impeachment inquiry hearings.

White House’s Flimsy Position Crumbles as Former Ambassador and Ukraine Advisor Confirm Whistleblower’s Complaint

Ambassador to Ukraine, Marie Yovanovitch, testified in Congress that she was ousted from her post through the machinations of Rudy Guilani and two former Ukraine officials (now held under indictment charges filed by the FBI.) The ambassador said the ouster came about because she disapproved of how Rudy Guilani was making deals with corrupt Ukraine officials.

After Ambassador Yovanovitch, the House proceeded in receiving the testimony of Fiona Hill, former national presidential adviser for EU affairs specializing in Russia and Ukraine matters. Ms. Hill volunteered to testify, outside of the subpoena issued to her by Congress.

Her testimony provided information upholding the whistleblower’s complaint that there is an underlying quid pro quo shrouding the controversial Ukraine telephone call.

Ms. Hill mentioned the names of EU Ambassador Gordon Sondland, acting Chief of Staff Mick Mulvaney, and of course, Rudy Guilani as persons having a hand in the plan to withhold the Ukraine military aide, in exchange for Ukraine’s cooperation to dig up dirt on Joe Biden. According to Ms. Hill, Sondland claimed he was in-charge of the matter, whilst claiming that his authorization to do so came from Donald Trump himself.

Ambassador Sondland was previously called upon by the House to testify in connection with a text message mentioning quid pro quo about the Ukraine aid, but backed out because he received orders from White House not to do so. Ambassador Sondland though, has now expressed willingness to appear in Congress, despite White House orders, but after he was issued a subpoena.

He is scheduled to appear next Thursday, October 24, 2019, to which Chairman Schiff’s committee will grill him not only about the text messages, but also on the information provided by former Russia and Ukraine adviser, Fiona Hill.

Republicans’ call for impeachment voting has apparently been doused by the spate of serious information underlying the controversial Ukraine call. Now silent, they are apparently waiting for advisory on “talking points” they could use on how to best defend their “lord and master” Donald Trump.

Democratic Presidential Candidate Elizabeth Warren was Once a GOP Voter

Senator Elizabeth Warren, one of the leading presidential candidates running under the Democratic banner used to be a GOP voter. Political news website Politico, went about checking Senator Warren’s previous records of registration, and interviewing the senator, her friends and former classmates to ascertain that this piece of trivia is true.

Apparently, her years as a Republican voter were at a time when the good senator had not yet developed a political inclination whatsoever. In Politico’s interview with Ms. Warren, she acknowledged the information to be true and that it was not until she became a Harvard law professor that she decided to change political party from Republican to Democrat.

Based on the records found by Politico in Pennsylvania and Massachusetts where she spent most of her mid-adult life, her years as a Republican voter ended sometime in 1996 when she was 47 years old.

In those years, which covered six (6) presidential elections, Ms. Warren recalls that she voted for only one Republican presidential candidate, Gerald Ford, who ran for the presidency in 1976. Being a former GOP voter was something Ms. Warren hardly mentioned at all, not even in her books. She explains that it was because she still did not think much of politics in those times.

Why Senator Elizabeth Warren Changed Party Affiliation

In a 2014 interview by TV host and political commentator George Stephanopoulos, Ms. Warren said she decided to leave the Republican Party because its political agenda was tilting in favor of Wall Street. She explained back then that she supported the GOP with the perception that it was conservative in its approach to economic and financial matters; but she later came to feel that the party had moved to a different playing field.

Ms. Warren stated further that before she decided to champion the cause of the liberals, she was an independent. She later joined the Democratic Party when it was clear that the Republicans were standing up for the big financial companies that were just pounding on the middle class American families.

Her views as a politician are supported by Politico’s review of her early scholarship, and from information gathered from interviews with the Senator’s more than 20 colleagues and friends who knew her since her high school years, through her academic profession.

They attested that Senator Warren’s conservatism centered mainly on economic policies and not on social issues; views that she now carries in her presidential campaign slogan, urging American voters to “Join the Fight.”

World Leaders Discuss the Future of Cryptocurrency

With the constantly growing demand for cryptocurrency, it is not long until it caught the attention of world leader and global regulators. Majority of the digital currencies are actually decentralized. Meaning, there is no legal body or support from central government that is backing it up. Thus, it gives every country a unique set of rules to follow.

All Eyes on Coin

Every announcement made to this subject drives the price of cryptocurrencies back in 2018. Here is a brief guide to the current status of digital currencies with the regulators and governments in various parts of the world.

At the G-20 meeting that was held, the Central Bank Governor of Argentina has outlined the summer deadline among members to have recommendations on what must be done. At the same time, it was mentioned that the task forces are working diligently in submitting all viable proposals by July. As for the central bank leader of Italy, a statement was released saying that cryptocurrencies pose no good to the government but pure risks and therefore, must be banned.

Because there’s a Market for It

Japan on the other hand is the largest market for bitcoin mining and trading.

Believe it or not, nearly half of the daily volume of this digital currency is being traded using the country’s currency.

This is as per the data furnished by Cryptocompare.

Then again, the US takes the second spot for being the biggest volume of bitcoin with around 26% as per Cryptocompare. This is not actually surprising given that it’s widespread across the country and many are using the services provided by gladage.com. As for US regulators, they have different definition of cryptocurrencies such as Bitcoin.

Implementing Stringent Security Measures

The SEC or Securities and Exchange Commission mentioned that it sees digital currency as additional form of security. In early days of March, the agency has expanded scrutiny and said that it’s seeking to apply securities and appropriate laws to everything from the exchanges and trades made on cryptocurrency to digital asset storage firms which are otherwise known as wallets. The agency has concentrated its efforts on the initial coin offerings or the digital coins released via fundraisers referred to as token sales and have exerted efforts to police them via subpoenas.

Trump’s “I-Think-I’d -Take-It” Stance to Oppo Dirt, Hastens House to Act on Election Security Bill

“I think I’d take it” was U.S. president Donald Trump’s reply to George Stephanopoulos, Chief Anchor of ABC News, which specifically suggested accepting info about his opponent in the 2020 presidential elections. What made Trump’s statement controversial was that it was in answer to a hypothetical question about accepting damaging information coming from a foreign country.

Moreover, when ABC’s Stephanopoulos expounded on the topic by asking the American president if he will notify the FBI about it, Trump said,

It is not an interference, they have information…I think I’d take it. If I thought there was something wrong, I would go maybe to the FBI… if I thought there was something wrong”

Trump even refuted the testimony given by FBI Director Christopher Wray to Congress last month, about lawmakers needing to tell the FBI about cases of foreign election meddling.

House Democrats, of course, reacted by making it known that they are actually on the verge of passing an all inclusive set of election security bills. The said package of bills aims to address legal loopholes that surfaced after Special Counsel Mueller’s unraveling of Russia’s interference in the 2016 presidential election.

House Dems Put Forward Information about Bill Clarifying Opposition Research as a Thing of Value

In the matter of campaign finance law that prohibits candidates from accepting foreign contribution, a passage will be added to include opposition research as a “thing of value.” if passed and approved as part of the US Campaign Finance Law, foreign contribution does not have to have a dollar amount to it, in order to be considered as a “thing of value.” Any disparaging information about election opponents supplied by a foreign country, being a case in point, will be illegal.

In addition, election security laws will include a bill that will require states to backup with paper ballots, their respective electronic voting system.

House Speaker Nancy Pelosi said in her press conference that the House will also introduce a “Duty to Report” bill. Ms. Pelosi made the announcement right after the day Trump made known his “I-Think-I’d -Take-It” stance toward foreign-provided oppo research. The House Speaker explained that the “Duty to Report” bill, will require any campaign to report to the FBI, damaging research concerning an opposition, whether solicited or received from a foreign country.

Governments Around The World Are Considering Cryptocurrencies

Governments around the world – Russia, The United States, Canada, Republic of China, Japan, Venezuela, and others – are taking significant actions to explore and learn more about cryptocurrency (learn crypto on Pheeva.com). With governments keeping a keen eye on digital currencies, there’s a huge question of whether cryptocurrencies such as bitcoins can keep it decentralized. This question had been raised considering that governments would like to keep things centralized which is the exact opposite of true cryptocurrencies.

A Government-Backed Coin

Centralized Digital Currencies

There’s a significant difference between cryptocurrencies and the CDCs (Centralized Digital Currencies). True cryptocurrencies are decentralized meaning there’s no one person, or entity such as the government that controls them. CDCs are the exact opposite which means they are centralized and run by a certain entity such as the government and the central bank.

Through centralization, the government could make exponential changes which can either be good or bad.  This is scary because there’s also a question of security and privacy despite a good option to buy goods at a way cheaper price.

Russia has, specifically, came up with intriguing ideas as to why it wants to engage in some kind of government based cryptocurrency to work with international transactions and possibly impose levy on black markets. It has not been clear though if the said digital currency would have a decentralized ledger as it is with true cryptocurrency or if it is possible for it to be mined.

Why governments are showing interest just now?

The concept and technology behind digital transactions isn’t entirely new. Even before the internet have boomed, many companies are working to make digital transactions work without the use of cash or check. With the birth of the internet, the concept wasn’t fully adopted and the technology behind it is also not cheap. Government and financial institutions has not placed so much attention to it because the majority of the public were not into it too.

When Bitcoin was introduced in 2009, the boom had been extensive that the explosion of bitcoins along with other cryptocurrencies pushed governments to have a look at these technologies that could have a huge impact in the future of commerce, the finance industry, and the centralized authorities of the movement and generation of various currencies throughout the world.

Governments are now seeing the potential of the crypto technology but they need time to further understand it. In theory, there are several advantages drawn from true digital currencies. The straightforward and efficient instant electronic transactions that prevents fraud, better book keeping and tracking of transaction are just a few of this advantages. Not to mention that no printing is involved which saves a lot of costs behind its generation. On a side note, governments alongside many companies are overwhelmed by the ongoing trend. In order for them not to be left behind, some governments tend to make up something to catch up with what’s new.

Decentralized Money vs. Centralized Money

The success of Bitcoin proves the feasibility to generate money beyond the borders of traditional financial systems that are based on the government. This fact is pushing government authorities and central banks to inquire difficult questions about their function in future economies.

For some, the issue of true cryptocurrency (decentralized) and centralized digital currency is not the main point because the system is simply a detail. However, the main point is that you can have digital money circulating around which is a huge threat to the central bank rather than to private banks. Regardless if it is done with a blockchain or through any type of database does not make a huge difference.

The goals of Russia for running cryptocurrencies indicate how governing bodies around the globe can start adopting digital currencies no matter if the end is good or bad.

Bottom line

Governments have a tendency to move slowly and thus very little will change in the near future. A series of tests may have to be conducted to find out how the whole system will work. Nonetheless, governments will be forced to adapt the system when cryptocurrencies will start to present a real practical alternative to our current financial system.

Sanders’ Confidence Gets Doused by Hecklers in “She the People Presidential Forum”

Senator Bernie Sanders, the Vermont independent making another bid for nomination as the next Democratic presidential candidate, gets a jolt from hecklers during the ‘She the People Presidential Forum.”

She the People, a nationwide network of advocacy groups comprised by women of color, hosted a forum in Houston last Wednesday, featuring eight (8) of the 2020 Democratic presidential candidates. However, young voters coming from Historically Black Colleges and Universities (HBCU) who attended the forum gave Senator Sanders a heckling. They made it clear that they were not thoroughly satisfied with his rousing speeches.

Even before the holding of the forum, students were already of the mindset to hear candidates discuss specific plans for addressing current issues faced by women of color. As one computer science student said prior to the event

I’ve seen the rhetoric, but I haven’t seen the policies.”

What Most African American Students Want to Hear

Mr. Sanders was quite eloquent with his speech, to which he emphasized the importance of party unity in order to succeed in ending Trump’s Administration. He mentioned that Trump’s presidency had worsened racism, homophobia and sexism. He also gave assurance that even if he does not win the nomination, he pledges to give all out support to whoever will be chosen as 2020 presidential candidate.

However, as gave out anecdotes and indirect answers to questions asking for specifics on how he intends to address issues he mentioned, dissatisfaction became evident when the crowd started to boo and heckle.

Someone in the crowd shouted,

“What about black women?”

The question almost went ignored, but was pushed back by one of the forum moderators, Joy Reid of MSNBC. She nudged Sanders into giving a response by restating the heckle to a formal question and as follow up to Sander’s mention of social justice:

“For black women in particular?”

In response, Senator Sanders simply said

“Black women will be an integral part of what our political campaign and what our future administration is about.”

The response only drew more heckling from the dissatisfied crowd.

Veto-Override Voting Results Showed Lack of Concern Over Congress’ Constitutional Mandate

Last Tuesdày (March 26, 2019), the Congressional voting to decide over Trump’s veto failed to muster the two-third majority necessary to bar Trump from using the National Emergency law. Apparently, there was not enough Republican defection in both chambers that will allow Congress to stop Trump from diverting military funds to his proposed expansion of the US Mexico border wall. Although voting will again take place on Tuesday, observers believe that the same results can be expected.

Previous passing of the related resolution by Congress in February 2019 had the support of both houses. However, in last Tuesday’s session, not enough Republicans rallied behind in support of overriding Trump’s veto. This, despite some previous expressions of views that Trump’s use of the National Emergency law is an abuse of presidential powers. It became obvious therefore, that those who chose not to stand by their objections were apparently more concerned with the votes they might lose in antagonizing pro-Trump supporters.

Acknowledging Democrats in Taking a United Stance to Uphold the Constitution

Praises to the Democrats, whose actions stayed true with the doctrines of democracy. Separation of powers between the executive, legislative and judiciary branches of the government is a liberal solution to limiting the powers of the majority. This received embodiment in the United States Constitution, designating Congress as controller of overall government expenditures.

In February, right after Trump declared the National State, the Democrats vowed that

”The Congress will defend our constitutional authorities in the Congress, in the Courts, and in the public, using every remedy available”

Acknowledging the Republicans Who Chose to Uphold Congress’ Constitutional Mandate

Even Republicans are wary that in allowing Trump to usurp Congress’ constitutional mandate to control government expenditures, they will also be giving future Democratic presidents a way of circumventing spending resolutions passed by Congress. As it is, only 14 House Republicans voted to override Trump’s veto.

The 14 included Rep.NY John Katko who missed voting on the February Congressional resolution to nullify Trump’s National Emergency declaration. Last Tuesday he upped the Republican override vote by joining Rep-MI Justin Amash, Rep-WA Jaime Herrera Beutler, Rep-PA Brian Fitzpatrick, Rep-WI Mike Gallagher, Rep-TX Will Hurd, Rep-SD Dusty Johnson, Rep-KY Thomas Massie, Rep-WA Cathy McMorris Rodgers, Rep-FL Francis Rooney, Rep-WI Jim Sensenbrenner, Rep-NY Elise Stefanik, Rep-MI Fred Upton (R-MI) and Rep-OR Greg Walden.

Democrats Introduce Law Designed to Prohibit Private Paramilitary Activities

Last Feb. 08, a bill called the “Preventing Private Paramilitary Activity Act” was advanced by Democratic lawmakers Rep. Jamie Raskin (D-Md.) and Sen. Ed Markey (D-Mass.) The proposed legislation aims to bar privately organized paramilitary groups from functioning in public and from using their paramilitary training in serving the public as security services units, or as providers of combat support, or as members of law enforcement agencies.

democratic party president joe bidenThe bill specifically states prohibiting private paramilitary organizations from engaging in training, patrolling, or participating in activities that interfere with government actions or public exercise of constitutional rights.

What Exactly is the “Preventing Private Paramilitary Activity Act” Proposed by Dems Raskin and Markey?

The proposed law prohibits private paramilitary organizations or citizen militias to act on behalf of, or with law enforcement agencies without official authority; while armed with dangerous weapons like firearms, explosives and other incendiary devices.

According to House Representative Raskin and Senator Markey, their proposed legislation aims to make it clear that domestic extremists and their paramilitary operations are not protected by the US Constitution.

The said bill delineates a private paramilitary organization as “any group of three or more individuals who band and work together under a command structure and with intentions to train and subsequently function in public as armed fighters or providers of support for armed attacks; or as providers of security services.

capitol hills riotAlthough the rioters and demonstrators involved in the Januar o6 siege of the Capitol in 2021 did not use firearms or other deadly weapons they are examples of citizens militia groups who had violent intentions of disrupting Congress from confirming t e election of Joe Biden as the 46th President of the US.

Many of the rioters used pepper spray and various forms of blunt objects when they clashed with the Capitol City Police on that day. Some individuals have also been charged for having firearms and other deadly weapons in their person while on Capitol grounds that day. Apparently they were members of the Oath Keepers militia group using portable communication devices to coordinate their assault actions.

Proposed Bill States Exceptions to Definition of Private Paramilitary Activity

The bill states exclusions from the prohibition rules, naming as exceptions military reserve components, members of the National Guard, and members of other national or state-organized groups authorized to undergo military training for purposes of conducting military reenactments; but without any intent to engage in armed conflict, especially if to interfere with democratic activities.

Hustler University Helps Young Indians Cope with Industry Changes Successfully

Hustler University Hustlers University is an online training institute founded by theTate brothers, Andrew and Tristan, who developed programs on modern methods of wealth creation. The online university has a large following in India, where many of the country’s young individuals aspire to become successful ecommerce entrepreneurs, cryptocurrency traders, freelance copywriters or influencers.
India has been drawing a great deal of attention in recent years .Local and foreign economists took note of India’s continuously increasing ecommerce capabilities along with the country’s exponentially growing number of internet users.
It all started when in 2013, the governmen of India invested large sums to finance the building of telecom infrastructures and establishing a better spectrum of networks, which initially provided 3G Internet. At that time, the Internet was available to only 25% to 30% of the population and mostly in the urban areas served by Airtel.
Subsequently,, the advent of 4G network services paved the way for certain changes as the improved Internet connection created a boom in the mobile phone market. This circumstance happened when India’s young generation of Internet users came of age.
Thereafter in 2015, market analysts estimated that India’ s population of online shoppers will reach 300 million within a period of 15 years.
True enough, at the end of 2022, it was noted that the number of online shoppers in India already reached 230 million. Current estimates now indicate that India’s population of virtual shoppers will increase to 375 million by the year 2025.

Government of India Passes Legislations on eCommerce

India's Booming Economy Given the rapid growth of the ecommerce market in India, the parliament of India passed the Consumer Protection Act, 2019 and Consumer Protection (E-commerce) Rules. The new regulations are designed to address concerns regarding consumer protection and safety, as well as preserve basic consumer rights amidst the continuing growth trend of ecommerce in the nation.
While secure and reliable systems are essential in ensuring the growth of online businesses, it’s equally important for wealth creators to be knowledgeable so they can make informed decisions when participating in the ecommerce arena.

Tate Brothers’ Hustlers University Helps Young Indians Participate in Modern Wealth-Creation Trends

The Hustlers University founded by brothers Andrew and Tristan, has been instrumental in enablinng young Indian locals to become involved in the emerging wealth-creation methods being presented to them as alternative sources of income. After all, legitimate job and investment opportunities help sustain the growth of the country’s industries including the ecommerce sector.Hustlers U ?programs build the confidence of youngIndian nationals to participate in the nation’s modern business environment. The online university offers more than just insights into starting an online business, but also offers guidancè on choosing the right products and supplies.
Additionally, Hustlers U provides a community in which students share experiences on how they were able to cope with challenges. Actually, many of the university students share success stories related to financial improvements as outcomes of good customer relations and retention.

How Finance and Politics Shape Credit Card Dynamics

credit cards on keyboard

Credit cards are financial tools that enable users to make purchases on credit, allowing them to borrow funds up to a predetermined limit. Unlike debit cards linked directly to bank accounts, credit cards offer a line of credit provided by the issuing financial institution.

Activating your credit card is a pivotal step in unlocking its financial potential. Credit Cards like Destiny MasterCard activation (Destiny card activate here) is a straightforward process that ensures security and verifies your identity as the cardholder.

Credit Cards stand as a barometer in our wallets, gauging the winds of political change.  These seemingly innocuous pieces of plastic are, in fact, intimately tied to the dynamic interplay between political forces and the financial world.

The Relationship of Politics and Credit Cards

At its core, the relationship between politics and credit cards is symbiotic. Political decisions, whether in the form of regulatory changes or economic policies, send ripples through the financial sector, inevitably influencing credit card dynamics. Here’s a closer look at how the political winds shape the landscape:

1. Interest Rates as Political Barometers

One of the most palpable effects of political decisions is reflected in interest rates on credit cards. Governments, in their bid to stimulate or cool down the economy, often tinker with interest rates. As a result, the average consumer may find their credit card interest rates swaying like a pendulum.

  • Tip for Individuals: Keep a watchful eye on political announcements, as they could foreshadow changes in interest rates. Being proactive about understanding these shifts can help you make informed decisions about your credit card usage.

2. Regulatory Reverb: How Laws Resonate in Credit Card Policies

When lawmakers draft and pass financial regulations, the repercussions echo through the halls of credit card companies. Regulations can impact everything from fees and charges to the way credit limits are determined. Understanding these regulatory nuances is key to deciphering the fine print on your credit card statements.

  • Tip for Individuals: Regularly review the terms and conditions of your credit card. Changes in regulations might lead to alterations in policies, and staying informed empowers you to navigate these adjustments effectively.

Navigating the Credit Card Seas in a Political Storm

The political winds can sometimes whip up a storm, leaving consumers navigating choppy financial waters. However, with a bit of foresight and adaptability, individuals can weather the storm and even capitalize on the changing tides.

1. Budgeting in a Shifting Landscape

Political decisions can impact the overall economy, influencing job markets and inflation rates. As these macro-level changes unfold, it becomes crucial for individuals to adjust their budgets accordingly. This adaptability ensures financial stability in the face of unforeseen economic shifts.

  • Tip for Individuals: Maintain a flexible budget that allows for adjustments based on broader economic trends. This flexibility can act as a financial safety net when political winds create economic turbulence.

2. Diversifying Financial Portfolios

The adage “don’t put all your eggs in one basket” holds true in the realm of personal finance. Political decisions can affect different sectors of the economy in diverse ways. Diversifying your financial portfolio beyond credit cards—exploring investments, savings accounts, and alternative financial instruments—adds an extra layer of stability.

  • Tip for Individuals: Consult with financial advisors to explore diversified investment options that align with your risk tolerance and financial goals. A well-rounded portfolio can act as a hedge against the uncertainties stemming from political decisions.

Read Also: Exploring the Political and Financial Impacts of Crypto Futures

Conclusion: Navigating the Credit Card Landscape

In the intricate dance between politics and personal finance, credit cards emerge as both the dancers and the dance floor. Understanding this dynamic interplay is crucial for individuals seeking financial stability in an ever-changing world.

As we witness the continuous evolution of political landscapes, the adaptability of individuals becomes the linchpin of financial resilience. By staying informed, remaining flexible in budgeting, and diversifying financial portfolios, individuals can navigate the credit card landscape with confidence.

Remember, credit cards are not just pieces of plastic; they are mirrors reflecting the ebb and flow of political currents. Stay attuned, stay adaptable, and let your financial ship sail smoothly through the winds of change.

How Long Does It take Before a Personal Injury Victim Receives Settlement

personal injury lawsuit“The personal injury lawsuit I filed is now being heard in court but if I can’t work at the moment, can I getmy settlement check early so that my finances won’t get ruined?” This is the usual sentiment of people who have become unwilling victims of irresponsible and careless actions or neglect.

Personal injury victims are anxious about the availability of funds while still in the recovery stage. After all, accidents can affect not only the victim but also the entire family relying on him for subsistence. A cash settlement is imminent but the question of how soon it will become available is a critical matter.

The truth of the matter is that even if a settlement amount has been decided by the court, collecting the proceeds can still take time. This is especially true if the defendant or offender also relies on the insurance company that will provide him with funds to pay for compensatory damages.

What is a Lawsuit Lending Company

It’s a good thing there are companies that made it their business to provide legal funding to financially distressed plaintiffs. Providing personal injury victims with a lawsuit loan that gives them immediate means to pay for financial needs and obligations, can motivate them to recover and recuperate as quickly as possible.

The lawsuit lending industry however is not regulated by a specific government agency. Since there is great risks involved in advancing settlement fundings, the lending program imposes interest charges on the principal amount granted as a lawsuit loan. However, since the industry is not regulated, it would be best to choose a reputable lawsuit company based on real consumer recommendations and reviews.

What Exactly are Lawsuit Loans?

personal injury loanLawsuit loans aren’t actually loans because the company will have to collect payment from the proceeds of the lawsuit once all the legal processing and documentations have been completed. Accepting pre settlement funding is one way that a personal injury victim can have early access to the settlement money.

However, collecting a reimbursement of a pre settlement funding on the part of the lawsuit company is possible only if the court decides in favor of the victim. Otherwise, the lawsuit funding company cannot go after the victim who received the pre settlement funding,

Early Access to Settlement Money by Way of Extra-Judicial Proceedings

Another way that a victim can have early access to a settlement is when the offending party wants to cut short the legal proceedings by offering an out-of-court settlement to the victim. The purpose of which is to immediately put an end to the court case to avoid greater legal costs and in some cases,cause damage to the reputation of the erring party.

In such cases, the victim, who is the plaintiff in a legal proceeding, will have to sign a release form upon accepting the extra judicial settlement.

Doing so signifies that the funding received is final and that he will no longer pursue further legal actions related to the personal injury case.

The Politics of Finance: Navigating Economic Policies in the Age of TikTok

The world of finance is no longer confined to the boardrooms and financial news channels. It has found a new home on the screens of our smartphones and the feeds of our favorite social media platform, TikTok. With its short, snappy videos and wide-reaching influence, TikTok has become more than just a platform for viral dances and lip-syncing; it’s now a forum where political decisions and economic policies collide with creative content.

TikTok: A Social Media Phenomenon

TikTok, for those unacquainted, is a social media platform that allows users to create and share short video clips, typically ranging from 15 to 60 seconds. It burst onto the scene in 2016 and has since taken the world by storm, boasting over a billion monthly active users as of my last knowledge update in September 2021. What sets TikTok apart is its algorithm, which serves users content tailored to their interests, creating a highly engaging and addictive experience.

Businesses quickly recognized TikTok’s potential for marketing and brand promotion. Its ability to make trends go viral overnight and catapult ordinary individuals into internet stardom has left marketers scrambling to harness its power. But beyond its marketing applications, TikTok has also become a platform where discussions about finance and economics are gaining momentum.

TikTok Views: A Window into Economic Policies

The world of finance is complex, with policies and decisions made at the highest levels of government having far-reaching implications for economies and individuals alike. TikTok, with its bite-sized content, provides a unique lens through which these complex topics can be examined and discussed.

The Rise of Financial Explainers

On TikTok, a new breed of content creators has emerged: the financial explainers. These creators use easy-to-understand language and engaging visuals to break down intricate economic concepts and dissect the latest financial policies. Their aim is to empower viewers with knowledge, helping them understand how political decisions impact their wallets.

In a world where financial literacy has long been a challenge, TikTok is making strides in bridging the knowledge gap. By condensing complex economic issues into short, entertaining videos, these financial explainers are democratizing finance and making it accessible to a broader audience.

The Power of Viral Challenges

TikTok’s viral challenges and trends are not limited to dance moves and lip-syncing. They extend to finance-related challenges as well. For instance, the “Investment Challenge” gained immense popularity, encouraging users to simulate stock market investments and share their results. While these challenges are often simplified versions of real financial scenarios, they serve as entry points for users to dip their toes into the world of investing.

While these challenges may not replace traditional financial education, they do create awareness and spark curiosity. They can be stepping stones for individuals to explore financial planning, investments, and economic policies more seriously.

Shaping Public Opinion in the Digital Age

The influence of TikTok on shaping public opinion is undeniable. With millions of users scrolling through their personalized feeds, content creators have a unique opportunity to sway public sentiment on various topics, including finance.

The Echo Chamber Effect

One notable feature of TikTok is its algorithmic curation, which tends to show users content that aligns with their existing beliefs and interests. This can create echo chambers where users are exposed to a limited range of viewpoints. In the context of finance, this means that individuals may be more likely to consume content that reaffirms their preconceived notions about economic policies and financial decisions.

The Responsibility of Content Creators

With great power comes great responsibility. Content creators on TikTok bear the weight of influencing public opinion, and this is particularly significant when discussing finance and economic policies. It is imperative for these creators to provide accurate information, cite credible sources, and encourage critical thinking among their viewers.

READ ALSO: EU in Regulation of Cryptocurrency in Europe

Conclusion

In the age of TikTok Views, the world of finance and economics has found a new stage. TikTok’s ability to distill complex topics into easily digestible content has made it a hub for discussions about political decisions and economic policies. From financial explainers to viral challenges, TikTok is changing the way we engage with and understand finance.

However, as we navigate this brave new world of finance on social media, it’s crucial to remain vigilant and critical consumers of content. TikTok may provide a platform for discussion, but the responsibility to verify information and form well-informed opinions ultimately rests with each of us. So, the next time you scroll through your TikTok feed, remember that TikTok Views are not just entertainment; they are shaping the way we think about money and policy.

Behind the Glitter: The Role of Political Influence in the Gold Shop Industry

gold jewelry shops and politics

In the bustling world of commerce and trade, gold shops in Hyderabad are an emblem of luxury, wealth, and timeless beauty. As customers marvel at the gleaming display of gold jewelry and precious gems, few know the intricate web of political influence that often underlies this glittering facade. In this article, we delve into the depths of the gold shop industry to shed light on the hidden role of political connections and their impact on the sector. By examining the interplay between politics and business, we aim to provide a comprehensive understanding of this intriguing dynamic.

The Power of Political Connections

Political Clout: A Catalyst for Success

In any industry, having strong political connections can be a game-changer. The gold shop industry is no exception. Those who are well-connected politically often enjoy a range of advantages that can propel their businesses to new heights. Access to influential figures and decision-makers opens doors to lucrative contracts, preferential treatment, and many other opportunities. Moreover, political connections can help businesses navigate complex regulatory frameworks, ensuring a smoother path to success.

Shaping Legislation and Policies

Political influence extends beyond individual businesses; it can shape the legislation and policies governing the gold shop industry. Lobbying efforts by influential players can influence the formulation of regulations, taxation policies, and trade agreements. This ability to sway the political landscape empowers industry insiders to protect their interests, create favorable conditions for growth, and consolidate their market dominance.

Case Studies: Political Influence in Action

The Gold Shop Titans

Let’s take a closer look at some prominent examples where political influence has played a significant role in the gold shop industry:

1. Golden Connections Inc.

Golden Connections Inc., a renowned player in the gold shop industry, owes much of its success to its close ties with key political figures. Through strategic campaign contributions and lobbying efforts, they have fostered strong relationships with influential politicians. These connections have resulted in preferential treatment during licensing processes, advantageous tax breaks, and the ability to shape regulations in their favor.

2. Regal Jewelers Group

Regal Jewelers Group, a global leader in luxury jewelry, has utilized its extensive network of political contacts to secure exclusive partnerships and international trade agreements. By leveraging political influence, they have gained access to rare gemstone sources, negotiated favorable pricing terms, and positioned themselves as a dominant force in the market.

Implications and Controversies

The Dark Side of Influence

While political connections can offer numerous advantages, they also raise concerns regarding fairness, transparency, and healthy market competition. The concentration of power in the hands of a few industry giants, bolstered by political clout, can limit opportunities for smaller businesses to thrive. Furthermore, it can breed a culture of corruption, where unethical practices become the norm.

Public Perception and Consumer Awareness

As consumers become increasingly conscious of social and ethical issues, the role of political influence in the gold shop industry can impact public perception. Heightened awareness of these dynamics may lead consumers to make more informed purchasing decisions, favoring businesses that align with their values and supporting initiatives aimed at promoting fair trade and responsible sourcing.

Read also: Can Politics Mitigate the Impact of Inflation?

Conclusion

The gold shop industry, with all its glitz and glamour, is not immune to the far-reaching effects of political influence. The interconnectedness between politics and business in this sector is undeniable. Political connections can provide a significant edge, shaping legislation, policies, and market dynamics. However, it is crucial to strike a balance that ensures fair competition, transparency, and the well-being of all stakeholders involved.

As the gold shop industry continues to evolve, it is imperative for regulators, businesses, and consumers to engage in open dialogue, foster accountability, and work towards a sustainable and equitable future. By shedding light on the role of political influence, we can pave the way for a gold shop industry that shines not only in its aesthetic appeal but also in its commitment to ethical practices and social responsibility.

The Political Pulse of Financial Markets: A Trader’s Guide

trading platform

Understanding the relationship of politics and finance is the key to success in the world of trading. In this fast-paced arena, where every move counts, savvy traders recognize the profound impact political developments can have on trading behaviors. This guide aims to unravel the connection between politics and financial markets, shedding light on how traders can leverage this knowledge to navigate diverse trading platforms for strategic financial gains.

Decoding Politics and Finance

Political events can send shockwaves through financial markets, creating ripples that traders can either ride or be engulfed by. The link between politics and finance is undeniable, as policies, elections, and geopolitical tensions shape the economic landscape. To thrive in this dynamic environment, traders must become astute observers of political currents, deciphering how they sway the markets. Signing up with reliable brokers like Broker Breakdown allows members to access an intuitive and powerful trading platform.

Riding the Waves: Leveraging Political Insights

Successful traders don’t just react; they anticipate. By staying attuned to political developments, traders gain a predictive edge, enabling them to position themselves strategically. Whether it’s a presidential election, a legislative decision, or a diplomatic breakthrough, each event has the potential to move the markets.

  • Election Impact: Elections, especially in major economies, can trigger market volatility. Traders keenly analyze candidates’ economic policies and public sentiments to predict market reactions.
  • Policy Decisions: Central banks and government bodies often make decisions that directly impact financial markets. Traders who anticipate these moves can position themselves advantageously.
  • Geopolitical Tensions: Global events, from trade wars to geopolitical tensions, can significantly affect markets. Traders who grasp the geopolitical landscape can navigate market fluctuations with finesse.

Navigating Platforms: Where Knowledge Meets Action

Armed with insights into the political pulse, traders need the right platforms to translate knowledge into action. Choosing reputable brokers is paramount in this journey. To embark on this path, consider opening a real account with trusted brokers who provide the tools and support needed to thrive in the fast-paced world of trading.

Opening Doors: Real Accounts and Trusted Brokers

Opening a real account with trusted brokers is the first step towards translating knowledge into tangible gains. Look for brokers with a solid reputation, transparent fee structures, and a user-friendly interface. Some key factors to consider include:

  • Regulation: Ensure the broker is regulated by relevant authorities. This adds a layer of security and ensures ethical business practices.
  • Asset Coverage: A diverse range of tradable assets allows you to capitalize on various market movements, aligning with your political insights.
  • Educational Resources: Opt for brokers offering educational materials. Continuous learning is essential in the ever-evolving world of trading.
  • Customer Support: Responsive customer support is crucial. In times of market volatility, having a reliable support team can make a significant difference.

Strategizing for Success: Tools of the Trade

Traders armed with political insights and supported by trusted brokers can employ various strategies for success.

  • Trend Following: Identify trends influenced by political events and ride the momentum. Whether it’s a policy shift or an election outcome, trends can offer lucrative opportunities.
  • News Trading: React swiftly to breaking news. Political developments often lead to immediate market reactions, and news trading allows you to capitalize on these moments.
  • Risk Management: Political uncertainties can bring about unexpected market movements. Implement sound risk management strategies to protect your investments.

READ ALSO: How Politics Has Affected the Stock Market?

Conclusion: Navigating the Nexus of Politics and Finance

In the ever-evolving world of financial markets, traders who grasp the intricate dance between politics and finance gain a competitive edge. By leveraging political insights and choosing trusted brokers, traders position themselves strategically for success. So, open a real account with trusted brokers, stay informed, and ride the waves of political and financial dynamics for strategic financial gains.

Politics In Jewelry Trade

The jewelry industry is a multi-billion dollar industry across the globe. It has grown to become one of the most influential industries in today’s society. The products of Sri Bhavani Jewels are being used as status symbols and symbols of wealth.

How is politics involved in the jewelry industry?

The jewelry industry is a $700 billion dollar industry. It’s also a very political one. It is not just about selling jewelry and making money. It is also about being able to make the right political moves in order to sell your product.

Politicians have been involved in the jewelry industry since its inception. Jewelry has been used as a symbol of power, wealth, and status for centuries. This can be seen through the many different types of jewelry that have been found throughout history.

Sri Bhavani Jewels

What are some examples of the political influence in this industry?

When there is a political leader that has a large impact on this industry, it is easier for them to make changes and regulations that will affect the way companies do business. Many times these political leaders are making changes to make the industry more sustainable or better for the people. These changes can include changing how companies operate and how they market their products.

Political effects on the jewelry industry through price regulations and restrictions

The jewelry industry has been affected by the political effects of price control and restriction. There are three main types of regulations that have been imposed on the industry: price regulation, price control, and restrictions on the trade in precious metals.

Price regulation refers to the government setting a minimum or maximum price for certain goods or services. Price control refers to the government prohibiting or limiting certain businesses from selling certain products at any given time. Restrictions on trade in precious metals refer to the government prohibiting or limiting trade in particular goods such as gold and other precious metals.

With these regulations, it is difficult for small-scale businesses to compete with larger companies because they cannot afford the higher prices that these large companies can pay for goods and services.

The impact of politics on your jewelry business

The political landscape has changed drastically over the years, and as a result, businesses have had to adapt. When you’re running a jewelry business, it’s important to know how the current political climate will affect your business.

On the other hand, politicians need to be aware that if they want their businesses to succeed in the future, they will have to work with them rather than against them.

Exploring the Political and Financial Impacts of Crypto Futures

Coin Futures

 

Crypto futures, otherwise known as coin futures (코인선물), are financial instruments that allow investors to speculate on the future price of cryptocurrencies such as Bitcoin, Ethereum, and others. They work similarly to traditional futures contracts, where two parties agree to buy or sell an asset at a predetermined price and time in the future. Unlike traditional futures contracts that often involve commodities like wheat, oil, or gold, crypto futures allow traders to speculate on the price of decentralized digital assets.

The rise of crypto futures has had a significant impact on politics and the financial industry, particularly in terms of regulation and risk management. On one hand, the growth of the crypto market has attracted the attention of regulators, who are grappling with how best to regulate these new and often decentralized assets. This has led to increased scrutiny and debates over how to balance investor protection with innovation and the development of new financial products.

Regulators are concerned about the potential for fraud and market manipulation in the crypto market, particularly given the lack of a centralized authority or governing body. Some countries have taken a more hands-off approach, allowing the market to develop and evolve without interference, while others have implemented stricter regulations to protect investors.

Despite the challenges posed by regulation, crypto futures have also given investors a new tool for managing risk in the volatile crypto market. This has led to increased demand for cryptocurrencies, which in turn has attracted more institutional investors and mainstream acceptance. The ability to take positions in the crypto market without actually owning any digital assets has provided a way for investors to manage their exposure to the market and minimize their risks.

 

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The impact of crypto futures on politics is not limited to regulatory debates, however. The rise of cryptocurrencies has also sparked discussions about the future of money and the role of government-issued currencies. Some proponents of crypto argue that it has the potential to upend traditional financial systems and challenge the dominance of fiat currencies. They see crypto as a way to bypass traditional financial institutions and reduce the influence of governments over the financial sector.

Critics of crypto argue that it is still too early to determine its impact on the financial industry and that its volatility and lack of widespread adoption make it a risky investment. They also question the ability of decentralized digital assets to replace traditional currencies and challenge the existing financial systems.

In conclusion, crypto futures have had a significant impact on politics and the financial industry, triggering debates about regulation, risk management, and the future of money. As the crypto market continues to evolve, it is likely that the political and regulatory landscape will also continue to change and adapt. Whether crypto is here to stay or simply a passing fad remains to be seen, but it is clear that its impact on politics and finance will continue to be felt for years to come.

EU Wants To Manage Crypto

Cryptocurrencies have long been considered the wild west of the financial market. However, some people are asking what is metamask. On the other hand, unregulated cryptocurrencies have brought investors high profits and massive losses. But the times without state supervision could soon be over in the EU at least in part.

So-called cryptocurrencies like Bitcoin are now a billion which has made dramatic headlines in recent months. Because the price has slumped drastically, many people have lost large sums of money. This is also due to the fact that this market, in contrast to shares and other forms of investment, has so far been unregulated.

The EU now wants to change that with the “Markets in Crypto-Assets” (MiCA) law. Contrary to what was originally discussed, the law should not lead to a ban on energy-intensive cryptocurrencies such as Bitcoin. The much-discussed NFTs are also largely excluded from MiCA.

what is metamask

More rules for crypto exchanges

MiCA focuses on the companies through which a large part of the business is transacted which are the so-called crypto exchanges. In the future, these will require approval in order to be allowed to do business in the EU. In addition, they must provide collateral for their users in order to be allowed to participate in the market.

Less anonymity

Cryptocurrencies are considered a good way of being able to transfer large sums of money to other countries, largely anonymously. In addition to legitimate reasons, the EU also sees this as a tool for money laundering. Therefore, crypto exchanges are obliged to collect the data of senders and receivers and to report transactions worth more than 1,000 euros.

More collateral with stablecoins

Similar regulation also applies to providers of so-called stablecoins. These are cryptocurrencies whose value is linked to real currencies. In the future, according to the EU’s plans, providers will have to be able to prove that they have enough cash reserves to cover the value of their currency.

One stable coin where this didn’t happen was the popular TerraUSD. Their price slump was one of the triggers for the current crash in the crypto market, in which many investors lost their pension plans. This should be prevented in the future.

Which is not regulated

With a few exceptions, NFTs are currently excluded from MiCA. However, this should only apply to the first 18 months of the law. During this time, the European Commission wants to develop regulations for NFTs as an asset class.

Transactions that are not processed via crypto exchanges but are processed decentrally are also exempt from regulation. However, this is only a small part of the market.

How Do Politicians Find Affordable Car Insurance? 

Car insurance can be a major financial burden for politicians, who often have to travel long distances to fulfill their duties. It can be hard to find affordable car insurance when you’re a politician, but it’s not impossible.

Why car insurance is essential for politicians

Politicians often have to drive long distances to attend events, meet with constituents, and fulfill other obligations. This makes car insurance a crucial investment for politicians, as it protects them against any financial losses associated with car accidents.

Car insurance can cover the costs of damage to a politician’s car, as well as any injuries or property damage caused by them. It can also cover medical costs for passengers in the politician’s car.

Without car insurance, politicians could face serious financial repercussions if they cause a car accident. 

They may be held legally and financially responsible for any damages they cause, which can put them in a very difficult financial situation. Car insurance can protect them against these financial risks, as well as any legal costs they may incur as a result of an accident.

Strategies for reducing car insurance costs

There are several ways that politicians can reduce the cost of car insurance. In general, the best way to reduce the cost of car insurance is to drive safely and avoid accidents. Driving safely will reduce the likelihood of incurring car insurance claims, which will in turn reduce the cost of car insurance. It’s important to note, though, that safe driving habits won’t necessarily make car insurance cheaper. 

Instead, they will reduce the risk of car accidents and the amount of money politicians have to pay for car insurance. 

Below are other strategies that can help reduce the cost of car insurance for politicians:

  • Buy older cars: Newer cars tend to be more expensive to insure than older cars. This is because newer cars are generally more expensive to repair than older cars. Buying a used car instead of a new one can significantly reduce the cost of car insurance for politicians.
  • Choose a safe vehicle: The type of vehicle a politician drives also has a significant impact on the cost of car insurance. Cars with a higher safety rating tend to be cheaper to insure than cars with lower safety ratings.
  • Add safety features: Adding extra safety features to a politician’s vehicle can lower the cost of car insurance. Safety features like anti-lock brakes and airbags can reduce the risk of car accidents, which in turn reduces the cost of car insurance.

EU in Regulation of Cryptocurrency in Europe

Cryptocurrencies

 

There are updates on the Transfer of Funds Regulation (TFR) of the EU. Unlike self-custody wallets like Coinbase, the verification obligation for so-called unhosted wallets, like MetaMask, is apparently falling, but the reporting obligation for crypto exchanges is even being tightened. To learn more about the difference between Coinbase and MetaMask, check out the Metamask vs Coinbase wallet comparison.

What does this mean for crypto-Europe?

When it comes to crypto regulation in the European Union, things are going from strength to strength. After the MiCA regulation almost waved through a trading ban for proof-of-work-based cryptocurrencies such as Bitcoin (BTC), the EU Parliament shocked the local industry with a new legislative proposal. We are talking about the Transfer of Funds Regulation (TFR). There are now updates. In the course of the trialogue between the three instances of European legislation (EU Parliament, EU Council, and Commission), the EU Council has spoken out against the information obligation for unhosted wallets, according to a tweet by the interest group Blockchain for Europe.

Should the EU Council prevail, a much-criticized point of contention within the draft law would be off the table? Critics had complained that the verification of self-managed wallets like Coinbase by exchanges would hardly be possible without drastic interventions in sensitive personal rights. This threatens to create a data honeypot at Crypto Asset Service Providers – a target found by hackers.

 

ALSO READ: How Mobile Technology Benefits Politics

Reporting obligation to be tightened

However, the crypto sector is likely to be hit hard by the tightening of the reporting obligation for transactions, on or from exchanges. The original text of the law spoke of a 1,000-euro threshold above which crypto asset service providers are required to report to the competent supervisory authority. According to the current state of negotiations, even every (!) Transaction is reportable. For example, the EU Parliament wants to implement the FATF Travel Rule and promote money laundering. This was confirmed to us by an insider on request.

It could be critical, especially for smaller providers of crypto services. An automated reporting of all transactions to authorities can only be implemented with sophisticated software.

The reporting obligation was also criticized, as the traditional financial sector usually has a threshold of 10,000 euros – and only if there is a suspicion of money laundering. Reporting any crypto transaction to the authorities would not only be bureaucratic madness but goes far beyond the standards in banking. The consequence of the TFR: the flood of reports could overwhelm supervisory authorities and reduce the capacity for actual money laundering cases.

There are no innovations with regard to the transaction ban with non-compliant providers of crypto transfer services. There is still a risk that Bitcoin exchanges will prevent transfers from and to self-managed wallets in the future, as they cannot verify their compliance. That would be the end of BTC Self Custody in the EU.

Although the trialogue is still ongoing, there can be no question of the all-clear at the current stage.

Can Politics Mitigate the Impact of Inflation?

Lady having a hard time computing her expenses

 

Inflation is at its highest level in decades. Experts agree that poor people in particular suffer from this. With the rising price of goods and services, you really need an a budgeting application to help you get your already tight budget even more organized. But what can politicians do about it: should they try to lower the inflation rate, or should they relieve the poor?

A group of young men comes out of a supermarket in the north of Munich. They are all in training, they say. One says: “Great. I just went shopping as normal and then I looked at the bill, it was 88 euros, and I tell myself that a while ago it would have been 50.” Another man, in his early 60s, with a white braid, stands next to the entrance: “That worries me a bit because I just don’t know what’s going to happen next.”

Everyone feels the inflation – poor people especially

Inflation was nearly 8 percent in May, arguably the highest this year in decades. People feel this clearly, poor people, in particular, are affected. And what are politicians doing about it? “The state cannot compensate for everything for everyone,” said Minister of Labor Hubertus Heil (SPD) in the magazine “Stern” this week about inflation. In fact, the experts here are arguing about this fundamental question: can politicians themselves mitigate inflation or just cushion the effects?

No direct impact on import prices

Monika Schnitzer is an economist at the LMU in Munich and belongs to the council of experts known as the Economic Wise Men. She believes that politicians can do little to address the main drivers of inflation:

“The government actually has no direct influence on the supply problems, but of course, it can now, especially as far as energy supply is concerned, try to ensure that there are alternatives to Russian energy supplies. They are trying to do that on a large scale. But all of that nevertheless means that these energy supplies then have to be purchased at a high cost.” Monika Schnitzer, an economist at the LMU in Munich.

According to Schnitzer, what the government can do is distribute the burden of inflation more fairly: “As a country, we have become poorer. Of course, someone has to bear that.”

 

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Warning of the wage-price spiral

But Schnitzer warns against raising wages in line with inflation. This could lead to a so-called wage-price spiral:

“What is particularly important at the moment is that we ensure that this inflation does not take on a life of its own. In view of the increased prices, wages are being raised, which are supposed to compensate for this price increase – which in turn means higher costs for companies, which in turn lead to higher costs goods prices in the future.” Monika Schnitzer, economist at the LMU in Munich
Dierk Hirschel does not believe that the increase in wages will increase inflation. He is chief economist for the Verdi union: “This is a sham debate. It has nothing to do with reality.”

Corporate profit margins as a driver of inflation

Hirschel sees the profit margins of corporations more as a driver of inflation. Because they benefit from the current crises: In 2021, the Dax companies earned more than ever before. Instead of a wage-price spiral, the Verdi economist Hirschel warns of a profit-price spiral.

“The same phenomenon everywhere, the general price increase is used to increase profit margins accordingly. In the USA there is currently a study that says that 50 percent of US inflation is due to price gouging by large companies.” Dierk Hirschel, chief economist at the Verdi trade union

An example where this is particularly visible in Germany is the tank discount, says Hirschel. He is certain that politicians can actually take action against inflation here. You can tax the so-called excess profit and thus prevent the corporations from getting rich and driving inflation. He, therefore, supports the proposal by Federal Economics Minister Robert Habeck (Greens) to introduce an excess profit tax. But how much that would hold back inflation and whether such a tax can be implemented at all is – once again – a matter of debate.

How Politicians Use Banks for their Campaigns?

Bankers can be secretive and difficult to reach. But clearly, they’re not indifferent. When it comes to their attention that an individual is running for office, bankers are quick to make themselves available for meetings and requests for small loans. 

A politician’s relationship with a bank can go a long way toward helping or hindering his or her campaign. Here are some ways politicians use banks during their campaigns to help them win votes from the public:

Establish a Reputation

A big worry that people have about politicians is that they’ll squander the public’s money. So if a politician can demonstrate that he or she knows how to handle money responsibly, this is a big plus for their campaign. Politicians who have their own bank accounts can establish their reputations for being financially responsible by showing that they keep their deposits in banks.

A politician who shows that he or she is financially responsible can counter the charge that he or she is “bankrupt” or “hopelessly in debt.”

Pay for Advertising and Promotion

Politicians who are running for office will often want to purchase advertising. They may want to purchase radio or television ads. They may want to put advertisements in newspapers or journals. They may want to purchase billboard space or put ads on websites, ads such as making it easy for people to have high credit scores, which can be a bait for subprime auto leads.

A politician who wants to run for office will go to the bank and ask for a loan to pay for advertising and promotion. 

The bank will agree to make the loan provided the person borrowing the money has an established reputation for honesty and financial responsibility. The politician will sign an agreement with the bank in which he promises to repay the loan.

Hire Staff from the Bank

The traditional method of rewarding one’s supporters was through patronage, in which key supporters are rewarded with government jobs. This practice continues to this day – in the 21st century, with a few twists: instead of being employed by the government, the supporter is hired by the politician’s campaign team.

Employees of banks are well-positioned for campaign work, since they already have experience with the highly regulated, precise and demanding nature of working for a financial institution. Plus, banks are located all over the country, so the politician can hire people living near the campaign’s headquarters.

Simple Steps to Find the Right Politician for You

Everyone knows politics is a dirty game. The scandals, the scandals, the never-ending scandals…it’s no surprise that trust in politicians has hit an all-time low. But it’s not just about distrust. It’s about finding the right politicians for you.

Finding a candidate who aligns with your values as a voter is no easy feat, but it doesn’t have to be so hard. In our fast-paced world, there are plenty of ways to find the right politician for you. You just need to know where to look. Here are some simple steps to help you find the right politician for you sooner than later.

Research before You Vote

Before you have an opinion, before you have a choice, you need information.

The first step in finding the right politician for you is to do your research. It’s extremely important to understand the issues important to you. It’s important to know how they might affect your future. Research can help you do all of these things. You can research the issues important to you online or in print. You can learn about the issues that might affect you in the future.

Look for Quality Journalism in Your Research

It’s essential to look out for quality journalism while you’re researching for your prospective candidates. While everyone has their own biases, certain organizations are more likely to report in a way that’s more balanced and fair. When you’re reading articles about candidates and their platforms, look out for signs of a slant or bias.

There are many organizations out there that have a clear political viewpoint, and that’s okay. But if you see the same slant in multiple articles from the same publication, this should give you a red flag.

Find out what’s Important to Each Candidate

While you’re reading up on the candidates, it’s also important to find out what’s important to each candidate. What are their core values? What do they stand for? Knowing how the candidates feel about certain issues is just as important as knowing their voting history.

When you’re looking at the candidates and their platforms, it helps to try and figure out what they value and what they feel is important. For example, if you’re candidate wants to do something about the production of wood, then this means that if you’re running a business who sells wholesale bathroom cabinets, then you should keep an eye on that candidate.

Advantage And Disadvantage Of Investing In Real Estate

Real estate is the most common type of asset in the world. But it has a lot of advantages and disadvantages to consider before investing.
The main benefit of owning real estate is that you can make passive income from just one property. If a property generates more monthly payments than it costs to maintain, you will have cash flow every month. Beware that real estate taxes, mortgage rates, and utility costs can be costly. So it’s best to assess these potential costs before buying any properties. If you need an expert guide about investing in real estate, visit Houseincity.

You can invest in real estate to get passive income. But some disadvantages come with owning a property, like the wear and tear of the house, repairs, and taxes.

Investing in real estate has both advantages and disadvantages, varying case-to-case basis.
Real estate investment can serve as a hedge against inflation. This is because real estate prices tend to increase while the cost of maintaining an asset such as stocks, bonds, or cash decreases.

This type of investment also offers tax benefits because it is considered depreciable property, and the depreciation expense can be deducted from its profits.
On the other hand, there are also risks involved with this type of investment, such as an increase in interest rates, rising property taxes and insurance costs, and damages that are beyond your control.

Investing in real estate will give you a lot of benefits. You can earn more money by renting out the property and selling it for a higher price. The disadvantage of investing in real estate is that it is not liquid, meaning you cannot withdraw your funds immediately without incurring losses. You should also be aware of the risk of losing capital as the market value may decrease in some cases.

 

Advantage:

Real estate investments can offer a significant long-term return on investment.

Disadvantages:

The market value of your property can change and fluctuate, leading to the loss of the entire investment.

There are countless advantages and disadvantages of investing in real estate. Some people think that it can be a good investment. However, they also see some disadvantages of owning a property. Real estate investment is seen as a conservative investment that doesn’t fluctuate like the stock market or cryptocurrency values do, making it an attractive option for those with retirement saving needs. The downside is that you need to tie up your cash for at least two or three decades while your income continues to grow if you want the value of your investment to increase.

Government and Attorney

Did you know that government lawyers work independently and impartially? For example, a Los Angeles car accident attorney can mediate conflicts. They investigate ex officio and make decisions in accordance with the law, free of client or employer interests. Their independence is guaranteed by the constitution.

Los Angeles car accident attorney: Take on demanding tasks and have a high social responsibility

Los Angeles car accident attorney

From day one of your job, you will devote yourself to demanding tasks on your own responsibility. You have to make a significant contribution to ensuring legal peace and the right to justice and criminal prosecution and thus to the functioning of the rule of law. As a judge, public prosecutor, you assume a great deal of responsibility for the state and society. In addition, you assume responsibility for the people affected by judicial or public prosecutor measures.

Los Angeles car accident attorney: Get in contact with people and in the middle of life

With lawyers, nobody can hide you under mountains of files or in a back room. In direct contact with those involved and parties, lawyers and colleagues, your ability to deal with conflict and work in a team are just as much in demand. Your communication and empathy skills are also in demand.

Los Angeles car accident attorney: You will be supported systematically and individually

On the basis of a holistic personnel development concept, judges and public prosecutors are systematically and individually promoted even part-time. Government offices around the world offer you a wide range of further training courses with a lot of events a year. In addition to specialist conferences, further training to develop communicative and social skills is particularly important to the government.

Los Angeles car accident attorney will be evaluated on suitability, ability and professional performance

Suitability, qualifications and professional performance determine your career as a judge, public prosecutor or car accident attorney.

You have to understand that government lawyers are given an unbelievable workload. In addition, they are also charged with managerial and administrative responsibilities if they show they are capable in their first assignments. Moreover, it is essential to instil public self-reliance in governments and to provide security for its people.

Lawyers and Politics

The problems you study as a business lawyer are always related to current affairs. Take, for example, international conflicts like those in Iraq, Russia and Lebanon and the threat of terrorism, which is constantly discussed. Take, for example, European integration, the political debates in the Netherlands on immigration and the changing balance of power between the various and new political parties. On the internet, you just have to check Click here button and see topics on politics.

Wallin Hester

Business lawyer: Reasons to study political science

Business lawyers are familiar with local, national, and international politics

As a business lawyer, thanks to your academic training, you are expert par excellence who understands the political interplay of social problems and possible solutions. In addition, during your studies, you learned how local, national, and international politics are interrelated. They are valued by all employers involved in political interaction and politics is everywhere.

Business lawyers have an amazing array of career opportunities

Political science graduates fill a variety of positions. You could work as a policy advisor, policymaker, researcher, or journalist. You could work for the government, in companies, NGOs, media and international organizations. Of course, some graduates are also politically active.

The business lawyer looks across borders

Political scientists learn how political activities are organized in other countries. Political scientists know how countries interact with one another and what role international organizations play. They push the boundaries of their own specialty by learning how economists, philosophers and lawyers view politics. During your studies you have the opportunity to study abroad, to travel abroad and to find out how politics is carried out elsewhere.

A business lawyer can make a significant contribution to society

As a political scientist, you can see through political games, distinguish between hypes and trends. You know how international and political perspectives are related. You can make relevant comparisons with other countries and you can distinguish empty rhetoric from well-founded reasoning.

In addition, you can make a significant critical and academic contribution to government and society. Because you are critical, you are able to judge independently. You can be scientifically sound because you have analytical skills developed according to the principles of scientific research. This expertise makes you an attractive party for employers.

How Business Outsourcing Can Get Political

Office Workers

 

A new front has opened within the trade wars of yank politics. Because it spreads insecurity across the US workforce, the much-reported movement of white-collar jobs to low-wage countries – offshore outsourcing – is that the contested ground.

This trend has given economists another chance to evangelize how trade makes our economy more efficient. While strategically silent on who benefits from them, they’re right about the efficiency gains. The question “what’s in this for me?” is perfectly valid for working Americans to ask.

To competition from abroad are jobs producing autos and t-shirts have long been exposed. Considered un-tradeable were service-sector jobs like accountants, telephone operators, and medical technicians, until recently.

New technologies may have put these jobs up for grabs within the global marketplace. Familiar to anyone who regularly reads the business pages is the image of customer service representatives fielding calls from US customers from an office in Bangalore.

While the arguments over it are reruns of earlier rounds within the trade wars, services offshoring is also new. Pointing to losses of employment, wages, and bargaining power are workers in newly vulnerable industries and labor unions. Trade advocates traumatize traditional economic arguments that efficiency gains will raise the value.

One is often forgiven for thinking that these arguments contradict one another – trade can’t be bad for workers and yet raise the value, can it?

Actually, it can. Textbook trade theory, the standard wisdom of the discipline, predicts exactly that trade will raise the value within the US while leaving most workers poorer. This was proved not by some obscure tenured radical, but by the godfather of contemporary theory, Paul Samuelson, the person who literally wrote the fashionable economics textbook.

 

ALSO READ: Politics and Offshore Investments

 

Trade advocates implicitly acknowledge this. Together with a recommendation that government temporarily help trade-displaced workers go back on their feet, there’s a mention of the “winners” and “losers” from trade near the top of most pro-trade essays. This is often insufficient – trade doesn’t just harm workers directly displaced by imports; it also harms workers subsequently competing against one another for the remaining jobs.

Economics teaches that trade creates more winners than losers is what these same essays often imply. This is often strategically misleading – economics teaches only that the winnings are greater than losses. An entire bunch of losers is balanced out by one big winner. Economists agree (if not advertise) that almost all American workers are, on the net, prevent from winnings.

Of course, there are winners from trade. Companies that enjoy cheaper labor and inputs win, as do workers whose job is insulated from competition with foreign and domestically displaced labor. Thinning the pool of trade’s beneficiaries, service sector trade could radically shrink this latter group. Whether or not this process is nice “for America” depends on your perspective: is taking a dollar from a telephonist to allow Donald Trump two dollars good “for America”?

So what will be done? Trade defenders of a liberal bent sometimes verbalize a grand compromise, calling for trade’s potential victims to their drop political opposition in exchange for compensation within the health care, pensions, and adequate unemployment and wage insurance that are sort of publicly provided.

This bargain is worth considering, but only after this welfare is truly implemented, not before. There’s no reason why trade winners should get to make the most before American workers have their living standards insured. This is still true whether we’re trading automobiles and clothing or computer programs and accounting services. In the meantime, economists should focus less on deriding the anxieties about trade felt by American workers and their advocates and more on workable social welfare plans.

If trade yields gain so large on make it an imperative policy, surely a bit of those gain is wont to allow the bulk of the US workforce to share during this promised prosperity.

 

Attorney of lawyers

attorney-of-lawyers

Delegate of the interests of the German lawful profession

The voice of the individual can without much of a stretch be caught. Just the ensemble, the relationship of many voices, guarantees to hear. In the German Lawyers ‘Affiliation (DAV), in excess of 250 neighborhood legal advisors’ relationships in Germany and abroad have as of now meet up to cooperate for the security of interests of a similar kind.

The DAV has an abundance of regulated components and grounded instruments. Our campaigning work is completely equipped to the particulars of public and European authoritative and administrative cycles. Most importantly, the immediate effect on the authoritative and leader parts of the administrative and state legislatures ought to be referenced – both through the government affiliation and the DAV provincial affiliations. For this reason, the DAV keeps an organization of various close-to-home contacts with political chiefs and authorities to aid political campaigns, whether or not in Berlin, the state capitals, or Brussels.

 

Authoritative councils

By means of its 35 authoritative advisory groups, which work in every aspect of the law, the DAV offers its perspective on public draft laws and draft orders of the European Union. These impact the parliamentary dynamic cycle in Germany and Europe. They bring law and order guidelines and legitimate ability into the enactment and make laws practicable. In any case, you additionally act proactively.

 

Press and advertising

A vital instrument for successful manageable support is proficient press and public-lich-keits-working. The DAV press office upholds the effect on the authoritative interaction and furthermore fortifies the impact on political cycles by setting up the social conversation in the pre-political region. Here, as well, the organization between the DAV and the media agents on lawful approach has demonstrated its value.

 

Occasions

The presence at significant occasions ought to likewise be referenced – particularly at the yearly German Lawyers’ Day. Legal counselors’ Day is quite possibly the main occasion of the year for lawyers. Along with top-class visitors from governmental issues, the organization of equity, business, science, and unfamiliar legal advisors’ affiliations, the focal issues of the calling are examined here and arrangements are started at a beginning phase. You can find out more about this on the official website of the accident attorneys.

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