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27th March: Blockchain DXB Podcast

For review:1. Boeing Wins USAF Next-Gen Air Dominance Fighter (F-47).  Boeing has won the contract to develop the first ever sixth-generation fighter, dubbed the F-47, President Donald Trump announced today. The fighter will be expected to operate with the service's forthcoming fleet of drone wingmen known as Collaborative Combat Aircraft (CCA). General Atomics Aeronautical Systems and Anduril are in competition for the separate CCA contract. 2. US Sec Def Extends USN Carrier USS Harry Truman (CVN-75) in CENTCOM AOR; USS Carl Vinson (CVN-70) Enroute. The Truman will stay in CENTCOM AOR for another month, according to a U.S. official. The Carl Vinson, which was operating in the East China Sea this week, has been tasked to the Middle East region to make for an overlapping two-carrier presence as the Trump administration ramps up its aggression against the Yemen-based Houthis.3.  IDF Strikes Airfields in Central Syria. The IDF confirms carrying out airstrikes on the Palmyra military airport and the nearby T-4 airbase in central Syria. The strikes targeted “remaining strategic military capabilities” at the two sites.4. Israeli Defense Minister Israel Katz announced on Friday that Israel would annex areas of the Gaza Strip should the terror group Hamas refuse to release the remaining hostages it is still holding. It was unclear if Israel would follow through on its threat to annex parts of Gaza, a move that would likely draw a massive international backlash. 5. Iran's Supreme Leader Ali Khamenei said Friday that the Houthis act on their own motivations, after US President Donald Trump said he would hold Tehran accountable for the group's actions.6. EU releases joint statement on Ukraine- minus Hungary. "The European Council reaffirms its continued and unwavering support for Ukraine's independence, sovereignty and territorial integrity within its internationally recognized borders," leaders wrote in a statement signed off by 26 countries.7. UK Prime Minister Sir Keir Starmer comes off ground troops in Ukraine- stresses air and sea power instead. Speaking to journalists at Northwood UK Military HQ, Sir Keir insisted the priority had to be to support Ukraine in defending itself, “They've got the capability, they've got the numbers and they've got the frontline experience. So we're not talking about something that replaces that capability — we're talking about something that reinforces that and then put around it capabilities in relation to air, water and sea and land.”

It's Tuesday, March 18th, 2025. This is Nelson John, let's get started.  India's Solar Growth Faces Execution Challenges Despite crossing 200 GW in renewable capacity, India's solar energy adoption remains slow, contributing under 10% to its electricity mix. While solar capacity surged from 3.7 GW in 2015 to over 100 GW, issues like weak transmission infrastructure, land acquisition delays, and hesitant power distributors persist. Moreover, the US SEC is probing Adani Green and Azure Power over alleged bribery in solar contracts. Experts suggest grid modernization, better state-Centre coordination, and rooftop solar expansion as key solutions to achieve the 500 GW renewables target by 2030. ABD Bets on Premium Liquor Amid Market Slowdown With India's liquor market cooling, Allied Blenders and Distillers (ABD) is focusing on premiumization. The maker of Officer's Choice aims to raise its “prestige-and-above” segment share from 42% to 50% and launch two to three brands next fiscal. Managing Director Alok Gupta sees macroeconomic headwinds but remains bullish on high-end spirits like gin brand Zoya and single malt Arthaus. ABD is also expanding production and partnering with Ranveer Singh to drive brand growth, targeting double-digit value gains. India Braces for US Tariff Impact, Eyes Trade Diversification India's exports to the US may dip 3-3.5% if Washington enforces reciprocal tariffs in April. With a $35.3 billion trade surplus, India is under scrutiny as the US targets nations with higher import duties. However, India's FTAs and diversification into global supply chains could soften the impact. The US's 25% tariff on steel and aluminum imports might even benefit India by easing competition. As US economic growth slows, India must prioritize value-added exports and alternative trade routes via West Asia. UNO Minda's EV Expansion Faces Market Realities India's auto industry grew 7% YoY in Q3FY25, but weak passenger and commercial vehicle sales weighed on momentum. EV registrations jumped 37%, boosting component maker UNO Minda, whose stock initially soared 60% on its EV push. However, with EVs contributing under 6% to revenue, shares corrected 30%. Minda continues investing in high-voltage powertrain components and expanding in Indonesia. While rising costs and debt pose challenges, rural two-wheeler demand and operational efficiencies could aid long-term growth. Meta Battles CCI Over WhatsApp Data Sharing Meta is challenging a Competition Commission of India (CCI) order banning WhatsApp from sharing user data with Facebook and Instagram, along with a ₹213 crore fine. The National Company Law Appellate Tribunal (NCLAT) will decide on May 13 whether to hear Meta's appeal before or after India's new digital data protection rules take effect. Meta argues that the forthcoming framework makes the CCI's ruling redundant, but regulators insist the case should proceed now. If NCLAT delays proceedings, it would mark a legal win for Meta. However, with India tightening data laws, Big Tech's data dominance remains under scrutiny.

In today's episode on 4th March 2025, we explain why the US SEC says that memecoins aren't securities.Speak to Ditto's advisors now, by clicking the link here - https://ditto.sh/9zoz41 

FinTech and Digital Assets Panel - at 361Firm's NY Tech Summit Feb. 25, 2025SUMMARY KEYWORDSFinTech, digital assets, blockchain, stable coins, tokenization, payments, regulatory policy, venture capital, AI, decentralized finance, financial infrastructure, crypto winter, institutional investors, innovation, emerging markets.SPEAKERSMark Sanor, Brian Neirby, Speaker 6, Bill Deuchler, Ben Narasin, Rich Sobel, Speaker 4, Margaret Butler of BakerHostetler, Stephen Burke, Speaker 2, Will Wolf Mark Sanor  00:00But we're very I'll come see in a second. We're very lucky to be here. Baker, host, teller, I once practiced law in Cleveland, Ohio. Baker, we love Cleveland, and that's Baker's head quarters, and we are here at their home. And I'd like Margaret to say a few words. Margaret Butler of BakerHostetler  00:21Mark, thank you so much. Thank you. Thank you. It's really a very few words, because all I want to say is thank you to Olga. I hope she's here for connecting me with Mark. And thank you, Mark, for bringing all these amazing people here. I have had such an amazing day listening to all of you, and I Well, thank you. I love all of you. I'm Margaret Butler. I am the head of the financial services industry team here at Baker, Hostetler. And so I want to thank my team, definitely. Joe Matteo, who's been putting everything together, Cynthia, Kevin e who is here, my Managing Partner, George Sam bollitus, who was also around for making this possible for all of us and for me. Because, like I said, I really just enjoy this so much. Thank you all for being here and get to the good stuff. I don't know if you need this one. I 01:18don't know how he has it set up, probably. So 01:22thank you for having us, Bill Deuchler  01:27I guess so. So this is Mark style. He just leaves the room and lets the panelists take over. Okay, so we can go ahead and do introductions when you talking about digital assets and fin tech and well, no, hey, I'm buying you time. Mark Sanor  01:47Get mark out of the way. 01:51Go ahead. Okay, Mark Sanor  01:55that was your 2024, go ahead. Sorry. Go right. Bill Deuchler  01:59So I'll introduce myself, and then hand the mic over to my colleagues up here. For those of you who don't know me, I'm Bill D clear. Currently, I serve as trustee for our municipal police pension fund. I've been on the board there for eight years. We have more of a traditional portfolio, but more recently, we've we have an active conversation, and actually an allocation for private equity that we've yet to fund, private credit, which has been funded and specialty real estate, which is another asset class. Previously, I was CIO for two two family offices, and have been around the institutional world quite a bit, and also currently advise a venture capital fund in the fin tech and AI space that has some very interesting characteristics, and I'll talk a little bit about that generally, as far as what an allocator looks for. But I will hand the mic over to my esteemed friend and colleague, Rich Sobel, Rich Sobel  02:55thanks. It's nice to be here. Nice to see everybody I am kind of wearing multiple hats. The hat that brings me up here is I'm a founder partner in a $50 million early stage fund that invests in blockchain and web three fin tech fund was set up three years ago, four years ago, I knew relatively little about this, and it's been a tough couple of years in the digital asset space. We went through what some people would call crypto winter. That's over, and I think we're coming into a period that could arguably be called a tipping point, kind of a renaissance, in the penetration of these technologies and tools and business models that are going to disrupt major markets, and we'll talk a little bit more about that catalyst. One of the catalysts is the change in regulatory policy. I'm sure we'll talk a little bit about that. So I'm quite excited about the changes that come but it's clearly a risky area. So it's not some place you put the majority of your of your assets, but it's something that I'm quite excited about, and I'm happy to share my perspectives. Will Wolf  04:18Yeah, thanks. Thanks everyone for being here and for having me. I This is me and my partner, Vanessa's first time here. My name is Will. I'm a managing partner and co founder of arc capital, which is an early stage Digital Asset Fund we just got off the ground last year, and I met Mark, I think, last week or two weeks ago, and we joined and so this is our first time here. So Thanks for welcoming us. We we are basically inter I am also a fin tech co founder. Back in 2012 I co founded a company in the fin tech space. We went through Y Combinator and ended up getting acquired into Airbnb, and I manage some of their back end payments infrastructure. So I know a bit about the the payment rails, Rails, at least in the West, and sort of the fin tech ecosystem. Them, but we're very excited at arch capital to be investing in what we think is the future of financial infrastructure globally, which is web three, and what's being built there, all Mark Sanor  05:11right, this is what happens when I don't lead off. So this is good. It's good. But what I want are insights. What are you seeing that we don't know? Or what scares or excites, hopefully both. Rich Sobel  05:25I know in some of the areas that we're focused, there's tremendous change going on under the surface that's starting to come out of the ground. And one of those areas is payments, and payments using Blockchain and stable coins, is a 1,000% improvement on the old, incumbent way of making payments. It's particularly impactful when payments are going across border to emerging markets, which is reducing, or, in fact, sometimes eliminating, the volatility and risk in emerging markets currencies, which is making the world closer, so incumbents are being disrupted, and we're invested in a company I spoke about, I think, back in December, that is making remittances to Africa, and they're using the data on the chain to help those people who are making payments improve their credit scores, which opens up all kinds of new financial products to the UN banked folks right here in America. And so there are growing number of companies that are doing that. Some of the incumbents, like Visa and others, are coming around and looking to partner in this space. And the second area I'll mention, and then I'll leave, there's many areas, so I'm clearly leaving some out of respect for my esteemed colleagues. Here is tokenization of assets. So there is a better model for holding and trading securities, funds and real assets, and the tokenization model now works, and so it's been held up by the US SEC and the litigation and impediments that they had established. But those litigations, last week, they dropped the litigation against coin base, which is really like the red light, and they're also changing policy. So there's an executive order going on that Trump signed in his first week. Within 180 days, he expects a whole new set of policies to be proposed, and that's going to make major financial institutions see a green light to move more actively into this space, on bringing assets on chain, democratizing access, improving liquidity. I mean, it's like the frog in the frying pan that if you know people don't see it on a day to day, week to week, basis, but I assure you that within five years, there's going to be dramatic changes. And this year, 2024 there was one and a half billion, one and a half trillion, of tokenized assets. Conservative estimates put it at 16 trillion by 2030 so it's really going to change the way we deal with financial assets, and eventually all assets. I Mark Sanor  08:10like everything. Just didn't quite understand the frog and the frying plan. You don't see it 08:15on a day to day basis, the frog in the well, you're not from Will Wolf  08:17Ohio, the boiling pot of water. Yeah, there you go. No, I agree with that completely. I think, I definitely do think that stable coins in this ecosystem, people sort of outside the ecosystem, don't appreciate maybe what's going on there. You know, we're very close with the teams at both Master Card and visa that have very intelligent blockchain web, three teams building very interesting things. A lot of people don't know. Visa has been settling actual, real payments on both Ethereum and Solana for almost two years, and they're growing that volume, and they, you know, that gets you to on Solana, 400 millisecond settlement times on global payments for visa. So that's pretty powerful for them, and that this is stuff that's really happening. And I also think in terms of the new administration in the US, I think they may not fully understand this yet, but I think the stable coin market right now, the is a couple 100 billion dollars, but the rate that it's been growing is, I mean, I think a couple years ago it was 10s of billions or less. And this is a new source of global demand for dollars, which is important with what's going on in sort of our treasury markets right now. You know, circle whole, which is one of the stable coin providers, holds 100 $50 billion of treasuries. And if that gets to a trillion or 2 trillion, that makes them pretty important. And people all over the world want dollar stable coins instead of their African currency or their South East Asian currency, and they can get it because it's just, you just need an internet connection. And so I think this is very powerful for the dollar, for the US system. I think the administration is going to realize that. And I think even broader, what the technology means is, over time, getting rid of middle men everywhere, globally in the financial system. I. Them because we don't need them anymore, and so this is going to take multiple decades, but I think that's the inevitable end game. Bill Deuchler  10:10One of the central themes, from an allocator standpoint, is investing in innovation. And you know, both ourselves and some of my colleagues from a much larger pension system were quite interested. You know, back actually around 18 or so in the blockchain space. Back then, it was much more nascent. Not much was going on, except people knew that Bitcoin was used by drug dealers and other nefarious schemes. But none the less, the idea of investing in innovation and seeing the kind of radical transformation to fundamental systems, to our economy was, was the attraction. And I think that things somewhat got put on pause with the FTX debacle and the crypto winter, but now things have matured considerably. And so you see, you know, the tremendous growth of the stable coin market and the ability to transact much more efficiently there, it's a great opportunity to participate in something that it's truly going to change the fundamental systems of how we interact. And I think also from an investor standpoint, both on the fin tech side, as well as the blockchain side, you can see various companies that have good ideas and who can master the go to market exercise. Well, all of a sudden, at very, very early stages of their growth, they are actually revenue positive. And if you can find companies that are revenue positive, and you can still get in at the seed and pre seed stage, that is a tremendous advantage, because then you can track them in a way that you can't track companies that are still pre revenue and and that's the whole venture capital exercise is either an exercise in the law of large numbers or just spray and pray, which is how it turns out. And there are very few who do it, but I think that this space facilitates a much more disciplined way to attack venture capital. And again, as an allocator, I've seen just two firms who have been able to master that. One is a master at understanding the law of large numbers and how to put the statistics in your favor. The other one goes after these types of companies, as I say, that are revenue producing and being able to act more like incubators or not. So I think that that again, you know, for an allocator perspective, the idea to be able to participate in significant innovation and then also seeing unique circumstances of the individual companies that you can then use to your advantage and build out your portfolios in a more robust way. There's two really great opportunities associated with this space, Rich Sobel  13:02I think it's probably clear to everybody here, but you know, what we do is not pure and simple crypto, and what we're doing is not trading currencies and trading staking or tokens on the secondary market. That's a different business. There are people who are good at it. We don't think that that's nearly as compelling as investing in companies and protocols that are building applications and tools that leverage the infrastructure that's been built. And so those are what we're looking at. Are more application, asset, light businesses that don't require a lot of money until until you figure out if it's going to work. So the risk return on those types of venture early stage investments is much more interesting. Again, I'm not speaking just for us, but I'm speaking for a class of investors. There are relatively few early stage GPS doing this, and most of them don't have a three fund track record. So it's an emerging market. I spent 20 plus years of my life working in another emerging market. That's how I ended up here. I have kind of an appetite for risk and comfort working in new environments where the model is you really have to underwrite the people and understand their business model. If they can't succinctly tell you what their business model they probably haven't figured it out yet, and they might, but it's a much higher risk. So we're investing in what I call my partners. Don't really like this, but because I'm kind of an older guy in this team, I call it the App Store for web three. So you're basically thinking about the phone comes out, the infrastructure is in place. Now you want the tools that solve real problems, and those are coming. And just to put a little icing on the cake, if you look at the NVCA data in 2021 a lot of money was raised. It was a. Hyped market, and in the last couple of years, relatively little capital has been raised for what they broadly call crypto and digital asset venture. So on top of all the other things that have been putting pressure on companies and funds, the lack of new capital flowing in creates a very interesting dynamic for capital that becomes available. So I fundamentally think there's a combination of reasons going to make it quite interesting. But as Tim Draper said to a group here, when people say, How's it going with your early stage deals? He said it's like raising kids. It's going to take a long time till you really know. But we're proud about the way things are going. We like talking about the portfolio. That's the way of giving people a tangible idea about the kinds of things that are coming out of the ground that will change our lives and our kids lives before you really know it. Will Wolf  15:54Yeah, I like that last part you talked about. One of the things we think about is, or a phrase I like to use is, every fin tech startup today is a crypto company. Some of them just don't know it yet, because I think that is what the new features that we'll be able to push the envelope and provide new functionality are going to be built on, like we've already got the stripes, and these guys that have, like, milked everything out of the current like legacy financial system with t plus one settlement and stuff like that. And so to push the envelope, I think they're going to have to offer crypto services underneath. And that's what I'm excited about, is to see, you know, PayPal now is another example. They have their own stable coin, and they're trying to integrate more utility into their consumer app, which I think is a little more interesting than, like the visa Master Card stuff, because they're not really targeting consumers, but we're seeing it with PayPal. Stripe, you know, I mentioned earlier, just did a billion dollar cash acquisition of a stable Coin Company, and stripe is arguably the, you know, the expert of the traditional credit card and payment rails, and they understood the value of this new ecosystem that they were willing to pay up for it. So I think that speaks a lot. But I think we're going to see a lot of even just traditional fin techs offering new products that wouldn't be possible without crypto rails, and I don't think a lot of their users are going to need to know or care that they're using stable coins or blockchains underneath. It will just be transparent, and we'll be able to do much more than we can today. Mark Sanor  17:13So questions to this group as we talked about fin tech 2019 we were in Detroit, and the guy runs a swimming school, and he said, even swimming school, everybody's a fin tech company, because, yeah, you interact with a customer. So I guess there's so by definition, every company is a crypto company. Potentially. Vince got a question. It's Ben Narasin  17:41going to push back a little, I think, stable coins and powering and amazing things. Basically, it's an alternative rail with no real cost associated, compared to the existing stuff and remittances. But I've always bridled at the term web three. The web changed everything for everybody. I'd love any of you didn't tell me anything that web three has changed in a material way. There's speculative currencies, there's meme coins, also speculative. There's an enormous amount of speculative products. Stable coin, though, to me, feels like a totally separate thing, and fractionalized ownership of assets is interesting, but I could just as easily do that in Oracle server. You have to trust me, if you're going to buy a 16 of the Mona Lisa from me. So I'm still questing for I did one blockchain related investment in 2014 I've never done any sense. I just can't find the the there. There other than stable coin transfers. Mark Sanor  18:36I love it when we don't all agree. Rich Sobel  18:39First of all, since 2017 the kind of power of the technology of blockchain has improved about 1,000% so the things that you could do in 2014 is kind of very, very insignificant compared to what the technology can do today. Second of all is, everybody talks about this boom on AI and how great AI is, and how much capital is flowing in, how many new businesses are having an AI component to them. But for AI to really work, you need to have smart contracts and blockchain based tools to help these agents interact with each other, for agents to make payments to each other for these automatic things to work. Software driven by blockchain is a key determinant to a big part of its pulling it along. And actually, interestingly, William and Vanessa and my partners and I are invested in a company together, nap the AI, that sort of services that space social is another one of the spaces that is allowing decentralized use of content and information to give users more control and allow users to essentially retain more of the economic value. So in. Say 10 years models like Facebook will not be monopolizing, that those tools will be decentralized. So it's 20:09been 1,000% better since 2017 we're 10 years past that. Again, eight. Only where? Rich Sobel  20:17Okay, okay, listen, in the United States. I'm sorry, in the United States, the regulatory policy has been so hostile that they have essentially litigated and driven money and entrepreneurship away from this. So I think we're when you build a building, first you go down, and then it comes out of the ground. When you have a plant, first it goes down, you build the infrastructure, and then it comes out of the ground. So if we meet in a year or three, I think you'll be buying me lunch. Will Wolf  20:47So first off, I think it's a very good, good criticism. Oh, can I answer this one? Yeah, I think, I think it's a good criticism that that we get a lot, I think from a Western centric view, I think it's, it's fairly valid. Because I think, you know, for all the bad things I said earlier. Our financial systems work, you know, but I think there are those in, say, Venezuela or almost any African country, where they are just devouring stable coins us, dollar denominated stable coins, because their currencies are devaluing by 15% to the dollar, they can hold a stable coin just on their phone with internet connection, the government can't stop them from doing it, and they can get 8% yield in US dollar terms, while their currency goes down 15% a year. And that's literally saving people's lives. For a more anecdotal example, you know, there have been people. There was one, one girl, specifically that I know, did an interview, and she was able to escape Afghanistan with her family's wealth because she put it into Bitcoin and wrote down her 12 seed words where, you know, they couldn't find it when she left. So she could actually bring her wealth and, like, have a family somewhere else. So I think these things are happening, and it's, it's not Western centric, mainly the stable coin, which is that one was Bitcoin with the Afghanistan girl, but, yeah, sort Ben Narasin  21:59of like Charlie Munger argument the dollar is freely available all over the world, and there are many ways to hold it, but this is a pH I do like stable coin, as I led with, yeah, I think that's rational. I don't I think the dollar is not available 22:13to Speaker 6  22:16Zimbabwe. And my thing is, I'm with him to where I'm going to push back as well, especially on the decentralization aspect of it, because you have large institutional players who are who see it as a threat to their to existing business models, right, and are innovating in that space in order to maintain some type of central control over what happens in this area. So I'm kind of also hesitant on saying, oh, that's going to decentralize everything, and you're going to completely eliminate middle men. I think they're just going to transform into something where they have some some grasp over the transactions. Will Wolf  23:01I also think it's a valid point. I don't know specifically, if you're talking about banks, Mark Sanor  23:05can you disagree with somebody not joking? Will Wolf  23:07Well, that doesn't that doesn't mean that I agree with it. I think it's a valid point. It's true. That's true. But I think, you know, part of me, I like that, maybe the Trojan horse analogy. But if you've been following, like with the new administration, a bunch has come out. I don't know if you've heard the term operation choke point 2.0 you know, we had silver gate bank go under, and it's become clear, and basically factual, that it didn't really fail. The Fed forced them to shut down by stopping them from doing crypto business. And I think we've seen now that there are over 47 banks in the last two years in the US that wanted to offer crypto products proactively, but the FDIC, and the FDIC shut them down and didn't let them do that. So I think to say that they don't want these things, you know, I think maybe some of them don't understand that it may ultimately destroy their businesses very far down the road. And maybe I'm wrong and they won't. So that's where I get the Trojan horse example. But I think a lot of these businesses want to offer these, whether it's a Bitcoin product or a stable coin product, to their customers getting involved, because there is Speaker 6  24:06a risk to the existing Speaker 4  24:10business model, right? So they're hedging Exactly. So that kind of makes my Brian Neirby  24:13point slightly different, pivot on the conversation. So we have what the state of Utah, Wisconsin, I know there's another one in there that's Louisiana, or this their treasury secretaries, you know, backing a crypto reserve, right? So those are three. We know that Don Junior loves crypto. We know that senior loves crypto. We know that Bobby loves crypto. So we have some tail winds coming out of this new administration. You. So I'm a nerd. I love the blockchain from a tech standpoint, I love the utilization and elasticity of Bitcoin. In particular, I believe all roads lead to Bitcoin. You walk around Istanbul, you see i. Are tickers everywhere of what's happening within all the coins. What's it going to take for the US to get to that point? Bill Deuchler  25:12You raise an excellent point, because since, since we are the world reserve currency, and because our economy, arguably, is the most robust in the world. A lot of the advantages of digital don't aren't readily apparent to us, but I think it's, as will has pointed out, if you're at all outside the US, if you are definitely in in a third world country, the advantage of the decentralized currency is huge. It is the litter, literally, night and day. And so I, I hate to say that it would be a crisis that would cause that, you know, to all of a sudden the light bulb go on. But it could very well be, but we're in a very enviable situation. I think the opportunity for the US is to be able to take advantage of all the features that digital offers and be able to build it into the system. The one thing that I'll say, that I've been saying for a real long time, is that one does have to be careful about Central Bank digital currencies, because digital currencies are programmable money, and if a central bank issues it, number one, it's tied to the monetary policy of that central bank and the state authority that oversees it. The other thing is that they can, for better or for worse, direct or Yeah, or imp, thank you. How the currency is used, and it is so easy. You know, everybody says, oh, micro monetary policy. Wouldn't that be just terrific, because then we can target like certain areas of the economy where it needs to be spent, things like that. Think about your bank account. All of a sudden you have digital currency in there. The next morning, you wake up and you don't so digital central bank digital currencies, will compromise freedom. They will compromise privacy in ways that we have no idea other than that. So I think kind of that's great. It's the decentralization aspect of it that is so critical for a real successful Mark Sanor  27:21so look, before you know, it's 330 just Stephen Burke  27:23on that bill. Isn't the bank financial settlements pushing for such beneficial currencies? Yeah, Speaker 2  27:33yeah. Certainly the the operational characteristics you know, are good, but one Mark Sanor  27:38so every, every quarter we revisit this subject. So it's time to revisit it. I Will Wolf  27:44think, I think they are and I think they will happen elsewhere. I think they're very unlikely to happen in the United States, at the Federal Reserve. Because what people usually mean, I think, by a central bank digital currency is the retail, the end user, you and I would have accounts directly at the Fed on this system. It would get rid of the banks entirely, like JP Morgan Chase would be gone, right? Like, we don't need them anymore. You would just have accounts directly with the Fed, because, because, other than that, the dollar is a central bank digital currency already. I mean, 98% of the dollars are digital. They just have to flow through the retail bank. But only the only the banks can have accounts with the Fed, not you or I, and so the banks own the Fed, so they're not going to let the Fed do a central bank digital currency, because they don't want to kill themselves. So that's that's my take. Mark Sanor  28:28Okay, so there will be a break out soon, and you can hammer this these questions, and we'll come back and have a de brief, and we'll have a I'll be here again, but let's thank this panel for kicking off the fin tech, digital. Now I'm joined our 361 firm community of investors and thought leaders. We have a lot of events created by the community as we collaborate on investments and philanthropic interests. Join us. You. You can subscribe to various 361 events and content at https://361firm.com/subs. 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This Day in Legal History: Marbury vs. Madison DecidedOn February 24, 1803, the U.S. Supreme Court, led by Chief Justice John Marshall, issued its landmark decision in Marbury v. Madison, establishing the principle of judicial review. The case arose when William Marbury, appointed as a justice of the peace by outgoing President John Adams, sued Secretary of State James Madison for failing to deliver his commission. The Court ruled that while Marbury had a right to his commission, the Judiciary Act of 1789, which granted the Supreme Court the power to issue writs of mandamus in such cases, was unconstitutional. By striking down this portion of the law, Marshall asserted that it was the judiciary's role to interpret the Constitution and invalidate any congressional acts that conflicted with it. This decision cemented the Supreme Court's authority as a coequal branch of government, ensuring that no law could override the Constitution. Though it limited the Court's immediate power by denying Marbury his commission, the ruling vastly expanded its long-term influence. Judicial review has since been used to strike down laws in areas ranging from civil rights to executive power. The case remains a cornerstone of American constitutional law, shaping the balance of power between the branches of government.A federal judge is set to hear the Associated Press's (AP) request to restore its journalists' access to the White House after President Trump's administration banned them for continuing to use the name "Gulf of Mexico" instead of "Gulf of America." The AP sued three senior Trump aides, arguing the ban violates the First Amendment by attempting to control the language journalists use in their reporting. The lawsuit seeks to reinstate AP's access to Air Force One and the White House press pool. White House officials dismissed the lawsuit as a publicity stunt, with Press Secretary Karoline Leavitt defending the administration's position. Trump signed an executive order renaming the Gulf last month, but AP continued using the traditional name while noting the change. Several press freedom groups and the White House Correspondents' Association have condemned the ban. A hearing on the AP's motion for a temporary restraining order is scheduled for Monday in Washington federal court.US judge to hear AP challenge to Trump's ban over use of Gulf of Mexico name | ReutersThe U.S. Securities and Exchange Commission (SEC) has closed its investigation into Robinhood's cryptocurrency division without taking any action, the company announced Monday. Robinhood's stock rose 2.9% in premarket trading following the news. The investigation began in May 2024 when the SEC warned Robinhood that it could face charges for potential securities law violations related to its crypto operations. The decision comes shortly after the SEC dropped a separate lawsuit against Coinbase, another major crypto firm.US SEC closes investigation into Robinhood with no action | ReutersThe federal judiciary has advised judges and staff to ignore an email from the Trump administration requesting they report five accomplishments from the past week. The email, sent by the Office of Personnel Management (OPM) as part of a broader government efficiency effort, was shared by Elon Musk on X before reaching federal employees. Judiciary officials said they would address the matter with OPM but urged recipients not to respond. Legal experts criticized the request as a possible violation of the separation of powers, arguing that the executive branch has no authority over the judiciary. Some judges and clerks in Washington, D.C., and Texas confirmed receiving the email. Constitutional scholars warned that such an inquiry, particularly when federal courts are handling cases involving Trump's policies, could be an inappropriate intrusion by the executive branch. The request is part of an initiative to reduce government spending, which has already led to significant federal job cuts.Judiciary Tells Judges, Staff to Ignore Email to Explain Work This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

For review:1. Israel to Hamas - Ceasefire Continues if 3 Hostages Released Saturday.2. IDF conducts airstrikes in Lebanon, targeting Hezbollah weapon stores, launchers, and facilities.3. Iran to unveil and new indigenous, cruise missile in March- with a reported range of 2000 kilometers.  Quote from IRGC Rear Admiral Tangsiri: “We now have missiles that can be launched from the depths of the Iranian territory, eliminating the need for coastal launches.”4. Speaking at the Ukraine Defense Contact Group in Brussels, the US Secretary of Defense Pete Hegseth says no NATO Membership for Ukraine. Secretary Hegseth: "the war between Ukraine and Russia must end", that Kyiv joining NATO is unrealistic and that the US will no longer prioritize European and Ukrainian security.5.  President Trump Speaks with Russian President - Directs Negotiations to End War.6. US President Donald Trump wants to have nuclear arms talks with Russia and China. President Trump: “There's no reason for us to be building brand new nuclear weapons, we already have so many,” Trump said. “You could destroy the world 50 times over, 100 times over. And here we are building new nuclear weapons, and they're building nuclear weapons.” The US President continues: “One of the first meetings I want to have is with President Xi of China, President Putin of Russia. And I want to say, ‘Let's cut our military budget in half.' And we can do that. And I think we'll be able to.”7. Japan to procure Boeing CH-47 Block II Chinooks. Beside the US, Japan will join Germany and the UK as operators of the latest Chinook variant.8. Two Naval Aviators in good condition after their EA-18G Growler crashes during an attempted landing at the NAS North Island (San Diego, CA). 

VALUE FOR VALUE Thank you to the Bowl After Bowl Episode 367 Producers: harvhat, Oystein Berge, ChadF. ch!ln0wL, lavish, piez, NetNed, StevenB, Boolysteed, jurbed, ajoint, PigsInSpace, bitpunk.fm, Kermit, ericpp Listen to our latest Bowls With Buds ft. bipunk.fm  Mike Epting of $2 Holla and Ledbetter fame was on Homegrown Hits Episode 69 SEND PHYSICAL MAIL TO: PO Box 410514 Kansas City, MO 64141 TUNE IN FRIDAY for Bowls With Buds ft. auggie at 8pm Central Intro/Outro: Wayfinder - Jaxius FIRST TIME I EVER... Bowlers called in to discuss the First Time They Ever made love in the woods.  Next week, tell us about the First Time YOU Ever bought a vinyl record. TOP THREE 33 Middle East live updates: 8 dead hostages among 33 being released, Israel says (ABC News) ERO Newark arrests 33 criminal noncitizens in week-long surge operation (ICE.gov) Calls to LGBTQ youth crisis hotline rose 33% on Inauguration Day (The Hill) BEHIND THE CURTAIN Kansas senator holds one-sided hearing to urge compliance with Trump immigration efforts (Kansas Reflector) Maine lawmakers criticize state official for withholding annual cannabis report (Portland Press Herald) Deputy Finance Director admits to withholding data from Maine Lawmakers (Maine Wire) Explosion at Maryland PharmaCann facility injures 2 (The Associated Press) Missouri cannabis trade group offers compromise in fight over regulating intoxicating hemp (Missouri Independent) British Columbia, Canada legalization activist fighting province over seized cash (Global News) METAL MOMENT DuhLaurien plays 1point3's Impossible Dream. Send karma to RevCyberTrucker! ON CHAIN, OFF CHAIN, COCAINE, SHITSTAIN HELP PICK A DATE FOR THE NODE PARTY: Feb 7, 15, 16, 21, 22, 23 -- send feedback and thoughts to spencer@bowlafterbowl.com You can review our How to Build a Start9 node video US District Court officially reverses sanctions on Tornado Cash Mixer (ABA Banking Journal) Ledger co-founder and his wife freed after ransom kidnapping (Reuters) Breez raises $5M to bring Bitcoin payments to every app (Medium) Executive Order: Strengthening American leadership in digital financial technology (WhiteHouse.gov) US SEC withdraws controversial accounting guidance SAB 121(No BS Bitcoin) US federal court rules backdoor searches of FISA Section 702 unconstitutional (The Verge) DARPA to launch pre-crime AML Program (The Rage)  AlbyHub update 1.13.0 official release (GitHub) KC Bitcoiners Bowling February 8th at 6:30 pm at Ward Parkway Lanes FUCK IT, DUDE. LET'S GO BOWLING! San Francisco installing 33 speed cameras in effort to get drivers to slow down (NBC Bay Area) Florida apartment maintenance worker arrested after allegedly stealing, selling 33 jewelry pieces (FOX 35 Orlando) Bengaluru man, 33, dies after participating in clinical trial, family blames side effects (Hindustan Times) NFL teams scout giant 33-pound baby after mom's video goes viral (Yahoo) CenturyLink cancels 33 appointments to fix Lake Tapps couple's landline with no explanation (KIRO 7 News Seattle) Couple charged with 100+ crimes for alleged abuse of 33 kids (FOX 59) Mittens the cat is mistakenly left on a plane, becomes a frequent flyer (The Associated Press) Indonesian woman rescued by fire department after nose ring gets stuck in chair (FOX) The loneliness crisis in Japan is so bad they're giving fake humans to aquarium fish now (Not the Bee) "I drive a Cybertruck, I'm sick of people flipping me off. I wish they understhood how helpful this car is for me." (Business Insider)

This Day in Legal History: MLK BornOn January 15, 1929, Martin Luther King Jr., one of the most influential figures in American history, was born in Atlanta, Georgia. As a Baptist minister and leader of the Civil Rights Movement, King played a pivotal role in advancing racial equality and social justice in the United States. His commitment to nonviolent protest, inspired by Mahatma Gandhi, led to significant legal and social changes, including the dismantling of segregation and the affirmation of civil rights for African Americans.King's leadership during landmark events such as the Montgomery Bus Boycott in 1955 and the March on Washington in 1963 brought national attention to systemic racism and civil rights abuses. His iconic "I Have a Dream" speech at the Lincoln Memorial articulated a vision of racial harmony and equality, influencing the passage of critical legislation like the Civil Rights Act of 1964 and the Voting Rights Act of 1965.Despite opposition and threats, King remained steadfast in his pursuit of justice, receiving the Nobel Peace Prize in 1964 for his efforts. His advocacy for economic equality and opposition to the Vietnam War further broadened his legacy. Tragically, King's life was cut short on April 4, 1968, when he was assassinated in Memphis, Tennessee, while supporting a labor strike.King's birthday is now recognized as a federal holiday in the United States, known as Martin Luther King Jr. Day, celebrated annually on the third Monday of January. This commemoration underscores his enduring impact on American law and society, as well as the ongoing struggle for civil rights and equality. King's work has left an indelible mark, shaping legal reforms and inspiring movements for justice around the world.Stanford law professor and renowned intellectual property scholar Mark Lemley has withdrawn as legal counsel for Meta Platforms Inc. in a high-profile generative AI copyright case. Lemley cited CEO Mark Zuckerberg's controversial recent actions, including ending diversity initiatives and fact-checking on Facebook, and promoting "masculine energy," as reasons for his departure. While Lemley believes Meta has a strong case in the AI copyright dispute, he stated he could not continue representing the company in good conscience.Lemley's withdrawal leaves attorneys from Cooley LLP and Cleary Gottlieb Steen & Hamilton to defend Meta against allegations from authors, including Sarah Silverman and Ta-Nehisi Coates, that Meta's AI improperly trains on copyrighted works. The case addresses a critical issue in AI development: whether training models on copyrighted material constitutes infringement. Authors argue this practice unfairly exploits their work, while AI advocates claim it constitutes fair use, given the scale and indirect impact of the works.Lemley, a distinguished academic and practitioner, has contributed significantly to intellectual property law, including involvement in key cases like Warhol Foundation v. Goldsmith. His departure underscores concerns about Meta's evolving corporate ethos. Additionally, Lemley announced he would deactivate his Threads account and avoid supporting Meta financially, though he stopped short of leaving Facebook entirely to preserve his social connections.Meta Lawyer Lemley Quits AI Case Citing Zuckerberg 'Descent' (1)The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing him of delaying the required disclosure of his significant Twitter stake in 2022. According to the SEC, Musk violated securities laws by failing to disclose his 5% ownership in Twitter within the 10-day deadline, waiting until April 4, 2022, to reveal a 9.2% stake. This delay allegedly allowed Musk to acquire over $500 million in shares at lower prices, disadvantaging other investors. Twitter's stock price surged 27% after Musk's disclosure. The SEC's suit seeks to impose civil fines and recover any illicit profits Musk gained. Musk's lawyer, Alex Spiro, dismissed the lawsuit as a baseless effort by the SEC, framing the issue as a minor administrative oversight. Musk, who later purchased Twitter for $44 billion in October 2022 and rebranded it as X, has a history of legal disputes with the SEC, including a 2018 settlement over misleading Tesla privatization tweets. He has also faced shareholder lawsuits for the delayed disclosure. Despite these challenges, Musk's substantial wealth and influence continue to draw attention, with his attorney accusing the SEC of harassment amid leadership changes at the agency.US SEC sues Elon Musk over late disclosure of Twitter stake | ReutersPam Bondi, Donald Trump's nominee for attorney general, will face a Senate Judiciary Committee hearing amid scrutiny over her past decisions and ties to the former president. Bondi, Florida's attorney general from 2011 to 2019, played a prominent role in Trump's 2019 impeachment defense and supported his post-2020 election fraud claims. Democrats are expected to question her impartiality, particularly in light of Trump's comments about using the Justice Department to target political adversaries.Bondi has faced criticism for declining to investigate Trump University after her campaign received a $25,000 donation from the Trump Foundation, a decision she has defended as unrelated to the contribution. She also worked as a lobbyist for Ballard Partners, representing clients like Amazon, Uber, and GEO Group, some of which have had dealings with the Justice Department under the Biden administration. Senators are likely to probe potential conflicts of interest arising from her lobbying background.Bondi has pledged to consult ethics officials on any conflicts. Her confirmation hearing follows contentious reviews of other Trump Cabinet picks, with Democrats raising concerns about loyalty to Trump's personal interests over those of the United States. The outcome of Bondi's nomination remains uncertain, as the Republican-majority Senate considers her extensive ties to Trump and her record as a lobbyist and public official.Trump's attorney general pick Pam Bondi to face US Senate grilling | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

For review:1. Qatar Returns as Mediator Between Israel & Hamas.Unnamed source confirmed to The Times of Israel that Doha had quietly resumed its role as a mediator at the behest of officials from US President-elect Trump's transition team.2. Syrian rebel forces are closing in on the capital Damascus from the north, east, and south. CNN reported Saturday that the US was increasingly believing that Syrian President Bashar al-Assad's regime could collapse within days.3. Amid Fighting in Syria - IDF Reinforces Golan Heights.IDF Chief of Staff (Lieutenant General Halevi): “We are very closely following what is happening. The main emphasis is to see the Iranian exit [from Syria]… and the second thing is to see the local elements taking over the area, what they are doing, how they behave, how they are deterred, and [making sure they] don't get confused and turn in our direction."4. US Sec of Defense Announces $1 billion in Security Aid to Ukraine.This $988 million package will come from the Ukraine Security Assistance Initiative, through which the US buys new equipment for Ukraine rather than shipping kit directly from American stocks. 5. BAE wins contract worth $2.5 billion to build CV90 Fighting Vehicles for Denmark and Sweden. Denmark has ordered 115 new CV9035 MkIIICs, and Sweden is acquiring 50 new vehicles.6. The US House and Senate today released their compromise version of the National Defense Authorization Act, with a $895.2 billion topline.

The US Markets are flying sky-high, but are retail investors experiencing the same thing? While the US is still in its euphoric state of strong markets, a "strong" economy, and a strong currency, the rest of the world seems to be really struggling. Does this suggest the US is untouched by the global challenges? We will dive into this as we break down the global economy and marketplace place, giving the Swiss View of what is happening around the world. Welcome to the world of offshore banking and investing with The Swiss View. Hosted from the heart of Switzerland by two Swiss wealth management experts, this podcast unravels the complex landscape of the international investment marketplace. Looking through the lens of Swiss banking expertise, we explore how global macroeconomic developments shape offshore investment opportunities. Whether you're an investor looking to safeguard your wealth or curious about the nuances of the Swiss financial system, The Swiss View offers expert insights and analyses. Join us as we navigate the intricacies of global markets, bringing you the Swiss perspective on international finance. Sign up for the Swiss View to stay up-to-date: https://whvp.ch/get-started Contact WHVP: Website: ⁠⁠https://whvp.ch/⁠⁠ Email: ⁠⁠info@whvp.ch⁠⁠ Telephone: +41 44 315 77 77 About WHVP: WHVP is an independent asset manager who manages private clients' funds in offshore bank accounts to preserve their hard-earned legacies. We are registered with the US SEC and FINMA (the Swiss regulatory authorities) and located in Zurich, Switzerland. We are associated with several first-class private banks in Switzerland and Liechtenstein, which act as custodian banks for our client's accounts. Our asset management principles are guided by conservative, long-term-oriented capital preservation strategies. Our focus is personalized service. We structure a portfolio that will be insulated against US Dollar depreciation yet capitalize on overseas investment opportunities. #economicanalysis #inflation #interestrates #gold #usa #europe #USD #economy #growth #swissmoneysecrets #offshorebanking #swissbankaccount #WHVP Disclaimer: All posts and publications are for your information only. They are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the publication date and may be liable to change without notice.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, December 6, 2024. This is Nelson John, let's get started. Himachal Pradesh is grappling with severe financial challenges, struggling to meet promises of government job creation and welfare schemes under the weight of a heavy debt burden. The state's revenues are largely consumed by fixed expenses such as salaries and pensions, leaving little room for development initiatives. This financial strain has its roots in decisions made decades ago, when the state relied heavily on central government funds without developing its own robust revenue streams. Post-1990, as central support dwindled, Himachal Pradesh increasingly turned to borrowing, which spiraled into a fiscal crisis. Despite measures such as tax hikes and targeted freebie schemes introduced under Chief Minister Sukhvinder Singh Sukhu, the financial outlook remains bleak. As the state, a popular tourist destination, struggles to balance its books, N Madhavan explores how Himachal Pradesh's debt woes are affecting its ability to sustain growth and fulfill its promises. India is set to maintain its capital spending at around 3.4% of GDP for the 2025–26 fiscal year, translating to approximately ₹12 trillion. This steady allocation aims to sustain economic growth as state-level expenditure continues to lag. For the current fiscal year, capex stands at ₹11.11 trillion, a notable increase from the previous year's estimates. While India's GDP grew by 8.9% in the first half of the current fiscal year, full-year growth may fall short of earlier projections, report Rhik Kundu and Subhash Narayan. To keep growth targets on track, the government plans a modest increase in capital expenditure for the next fiscal year, with the rise expected to range between 7% and 10%. With private sector investments gaining momentum at a slower pace and state-level capital spending remaining subdued, the central government's capex remains a critical driver for economic growth.Bitcoin hit an all-time high of $100,000 early Thursday, fulfilling predictions made by some analysts at the start of the year. This historic surge has been driven by a mix of market optimism following Donald Trump's US presidential election win and regulatory developments. However, doubts linger about the rally's sustainability. The US SEC played a pivotal role in this price spike by approving Bitcoin ETFs earlier in January, enabling institutional investors to enter the market. This move helped Bitcoin climb from $16,500 to over $40,000, and by June, increased institutional backing pushed the price to $75,000. After dipping to $50,000 in September, Bitcoin's fortunes reversed with Trump's election victory and his appointment of crypto advocate Paul Atkins to lead the SEC. This appointment reignited investor enthusiasm, propelling the cryptocurrency past the $100,000 milestone. Shayan Ghosh delves into the key factors behind Bitcoin's record-breaking rally.NTPC Green Energy Ltd, a state-owned enterprise, is gearing up for a ₹30,000 crore investment in a dedicated transmission network to support a new green hydrogen hub in Andhra Pradesh. Rituraj Baruah reports that the network, with a capacity of 20 GW, will operate independently of the national grid and connect NTPC's upcoming solar project in Anantapur to a hydrogen production facility in Pudimadaka. Spread over 1,600 acres, the Pudimadaka hub aims to produce 1,500 tonnes of green hydrogen daily, leveraging renewable energy to split water into hydrogen and oxygen. NTPC Green Energy is currently in discussions for land allocation, a critical step that will pave the way for the construction of the transmission system, targeted for completion by 2032.The competition between India's oldest exchange, BSE, and its younger but larger rival, NSE, is intensifying. Starting January 3, BSE will shift the expiry day for its weekly Sensex contracts from Friday to Tuesday. This change aligns the expiry schedules for weekly, monthly, and quarterly Sensex, Bankex, and Sensex 50 derivatives, all set to terminate on the last Tuesday of their respective months. The move is a strategic attempt by BSE to capture a larger share of the derivatives market by extending trading focus from a single day to three days, potentially boosting trading volumes, report Ram Sahgal and Neha Joshi. Currently, NSE commands a dominant 87% market share in index options premium turnover, based on November data, while BSE holds the remaining 13%. Despite the disparity, BSE has made notable progress, growing its market share from virtually zero just 18 months ago.  Deep in debt, Himachal Pradesh is a case study in how not to run a stateCentre likely to maintain capex push in FY26 to aid economic growth amid sluggish state spendingMint Primer: Bitcoin scales the $100k peak, but can it crash too?NTPC Green plans Rs 30,000 cr-transmission network for AP green hydrogen hubBSE, NSE contest to heat up under Sebi's eagle eye

US equity futures are higher this morning, following gains in European markets, which are seeing broad-based strength. Asian markets closed mostly higher, Treasury yields dipped again in Asia trade Monday alongside the US dollar. Scott Bessent's nomination as Treasury Secretary over the weekend has drawn significant attention. The market views Bessent as a market-friendly choice, emphasizing fiscal restraint alongside a pro-growth agenda. Meanwhile, fallout from the US SEC indictment of Gautam Adani continues to weigh on Adani Group assets.Companies Mentioned: Samsung Electronics, Nvidia, Intel, Apple

This is the Catchup on 3 Things by The Indian Express and I'm Ichha Sharma.Today is the 22th of November and here are this week's headlines.Karnataka's Anti-Naxal Force shot and killed fugitive Naxal leader Vikram Gowda in a gunbattle on Monday night in Udupi. The 44-year-old had been a key member of the banned CPI (Maoist) group, considered one of the last remaining major Naxal leaders from Karnataka. His death follows the 2021 arrest of another top leader, B.G. Krishnamurthy. With Gowda's death, the remaining underground Naxals in Karnataka come down to just seven, including four women.Delhi's air quality hit alarming levels early Tuesday, with an AQI of 492, placing the capital in the "severe-plus" category. Certain areas, including Alipur and Anand Vihar, surpassed the 500 mark. This means Delhi residents are breathing in pollutants equivalent to 50 cigarettes a day, posing serious health risks to everyone, not just those with pre-existing conditions. The government has implemented its highest emergency measures, and the Supreme Court has ordered these actions to remain in place until further notice. Additionally, Delhi's Environment Minister Gopal Rai announced a 50% work-from-home policy for both private and government offices due to severe air pollution.As polling concluded in Maharashtra and Jharkhand, urban voter ahpathy remained a challenge for the Election Commission, which frequently ran campaigns to encourage people to come out in large numbers and vote. Despite being the state's largest city and the country's financial and entertainment hub, Mumbai recorded the lowest vote turnout at 51.27 per cent, just 1 per cent higher than 48.4 per cent turnout in 2019. Meanwhile, Gadchiroli saw the highest turnout at 69.63 per cent. In Jharkhand, Jamtara recorded the highest turnout at 76.16 per cent, while Bo-ka-ro had the lowest at 60.97 per cent. After casting his vote in Thane, Maharashtra Chief Minister Eknath Shinde expressed his confidence in securing a thumping victory in the ongoing Assembly polls. Shinde said, quote “People have seen their two-and-a-half years of rule vis-a-vis the work done by us in the same amount of time. People will vote for development and for the work done by us,” unquote.In a major legal development, US prosecutors have indicted Gautam Adani, the chairman of Adani Group, along with seven others, accusing them of orchestrating a $250 million bribery scheme. The charges allege the group bribed Indian officials to secure power contracts in India. Alongside the indictment, the US SEC is seeking penalties and a jury trial for Adani and his associates, citing their operations in the US and impact on American investors. The political war over the Adani bribery case heats up as Congress leader Rahul Gandhi accuses the Indian government of supporting Gautam Adani, who was indicted in the US for allegedly offering over $200 million in bribes. BJP spokesperson Sambit Patra hit back, accusing Congress of destabilizing Indian markets with false propaganda. He questioned why Congress-ruled states had welcomed Adani's investments despite the controversy.On the global front, Russia launched an intercontinental ballistic missile from its southern Astrakhan region in an attack against Ukraine. Kyiv's air force said this is the first time since the war broke out that Russia has used a long-range missile. Meanwhile, Ukraine on Wednesday said that Russia hit it with a “a massive information-psychological attack” by dispersing fake warning, alledgedly from Ukrainian military intelligence, about an imminent mass air attack. Following the Main Directorate of Intelligence's statement Reuters reported, quote “This message is a fake, it contains grammatical errors typical of Russian information and psychological operations,” unquoteThis was the Catch Up on 3 Things by The Indian Express.

Andrew Peach discussed Gary Gensler's announcement that he will resign as Chairman of the US Securities and Exchange Commission on the day that Donald Trump takes office. Gensler is known to be a sceptic of crypto currencies unlike the incoming President who received heavy backing from the crypto community during the election. The IG Metall trade union in Germany announces that it will urge workers at Volkswagen to go on strike from December. VW is threatening to shut some of its German factories for the first time in its history. And Swedish battery maker Northvolt has entered Chapter 11 bankruptcy in the USA.

This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain.Today is the 21st of November and here are the headlines.1. US Indicts Adani Group Executives for Bribery SchemeIn a major legal development, US prosecutors have indicted Gautam Adani, the chairman of Adani Group, along with seven others, accusing them of orchestrating a $250 million bribery scheme. The charges allege the group bribed Indian officials to secure power contracts in India. Alongside the indictment, the US SEC is seeking penalties and a jury trial for Adani and his associates, citing their operations in the US and impact on American investors.2. Adani Bribery Scheme Details Revealed in US Court FilingA US court filing reveals that over $228 million was allegedly paid in bribes to an unnamed high-ranking Andhra Pradesh official to secure solar power contracts. The bribe was part of a deal to help the Solar Energy Corporation of India purchase seven gigawatts of solar power. The filing doesn't name the official or the companies involved, but details indicate this official served in Andhra Pradesh from May 2019 to June 2024.3. Rahul Gandhi vs. BJP on Adani IndictmentThe political war over the Adani bribery case heats up as Congress leader Rahul Gandhi accuses the Indian government of supporting Gautam Adani, who was indicted in the US for allegedly offering over $200 million in bribes. BJP spokesperson Sambit Patra hit back, accusing Congress of destabilizing Indian markets with false propaganda. He questioned why Congress-ruled states had welcomed Adani's investments despite the controversy.4. Supreme Court on Yasin Malik's Trial in Tihar JailThe Supreme Court of India raised concerns about conducting a fair trial for separatist leader Yasin Malik, currently serving life imprisonment in Tihar Jail. The court suggested setting up a courtroom within the prison for his trial in a 1989 kidnapping case. Justice Oka reminded that even Ajmal Kasab received a fair trial in India, emphasizing the country's commitment to due process, despite the challenges posed by remote hearings.5. Ukraine Claims Russia Launched ICBM at DniproIn a shocking escalation, Ukraine reported that Russia launched an intercontinental ballistic missile (ICBM) targeting Dnipro city. If confirmed, this would mark Russia's first use of an ICBM in the ongoing conflict. Ukraine's air force said the missile was launched from Russia's Astrakhan region. In response, Ukrainian forces intercepted six out of nine incoming missiles, marking a significant moment in the war as both sides intensify their military operations.This was the Catch Up on 3 Things by The Indian Express.

For review:1.  IDF Confirms Death of Hezbollah Chief from 04 October Strike.Hashem Safieddine, the head of Hezbollah's executive council, was presumed to be the successor of Hassan Nasrallah following his assassination in late September.2. Israeli Air Force prepares for combat over Iran.Defense Minister Yoav Gallant on Wednesday told pilots and air crews at Hatzerim base that “after we strike in Iran, everyone will understand what you did in the preparation and training process.”3. US Sec Defense: 3000 N. Korean Troops Training in Russia.Secretary of Defense Lloyd Austin and other U.S. officials announced for the first time Wednesday that North Korean soldiers were in Russia. 4. US Security Assistance Package to Ukraine is Worth $400 million.Package includes: munitions for rocket systems and artillery; mortar systems and rounds; armored vehicles; and anti-tank weapons.5. Estonia tests defensive bunker prototypes.One of the bunker prototypes was “made from smaller elements that the military can install themselves,” while the other two were both “one piece” type constructs.6.  Australia to Produce 155mm Munitions.Australian Defense Acquisition Minster Pat Conroy confirmed that the NIOA-Rheinmetall team pitched on the deal, with French firm Thales also competing. However, the minister indicated that there is a third, currently unidentified, competitor as well. Currently, Australia imports its 155mm shells from a South African subsidiary of Rheinmetall. 7. Australia to procure Raytheon SM-2 & SM-6 missiles, in a deal with the US worth $4.7 Billion. No reported delivery timeline or amount.8. USMC F-35B lands on the Japanese Destroyer JS Kaga (DDH-184).The Kaga underwent several changes to allow for F-35B, the US Marine Corps' short-take-off-and-vertical-landing variant, to land on the ship, including painting the flight deck with a heat-resistant material, installing lights for nighttime operations and reshaping the flight deck's bow from a trapezoid to a rectangle.9. US Navy announces the future Virginia-Class Submarine (SSN-813) will be named after the city of Atlanta, Georgia.Secretary of the Navy Carlos Del Toro: "Today, it is my honor and privilege to name the next Virginia-class submarine, SSN-813, USS Atlanta.”

It's been 3 years and 8 months  under the selfless guidance of our 46th President, and things have been BUSY this week. There was another alleged assassination attempt on DJT at his private golf course, E Musk is in a lot of legal trouble specifically over Twitter, and P Diddy was very close friend with Donal Trump for years, according to some choice photographs. Other Titles Considered Boy Who Cried Haitians Nuke Mt. Everest DJT Strong Beta Special Show Links: Georgia requires hand count of ballets https://www.reuters.com/world/us/georgia-election-board-may-order-hand-count-votes-us-presidential-contest-2024-09-20/ US SEC intends to seek sanctions against Elon Musk in Twitter probe https://www.reuters.com/technology/us-sec-intends-seek-sanctions-against-elon-musk-twitter-probe-2024-09-20/ NC GOP nominee for governor made dozens of disturbing comments on porn forum https://www.cnn.com/2024/09/19/politics/kfile-mark-robinson-black-nazi-pro-slavery-porn-forum/index.html Afraid to Seek Care Amid Georgia's Abortion Ban, She Stayed at Home and Died https://www.propublica.org/article/candi-miller-abortion-ban-death-georgia

US SEC warns of crypto asset securities scams without legal clarityGrayscale Launches XRP Trust Cites Potential to Transform Legacy Financial SystemsBlackRock promotes Bitcoin as a hedge against global financial disordersUS lawmaker proposes joint CFTC-SEC committee to unify digital asset regulations

Ready to make this school year your child's best year yet? We're kicking off Season 5 with special guest U.S. Secretary of Education Miguel Cardona! In this episode, Reena and Lisa explore the initiatives shaping the future of education. They discuss the importance of building community in schools, reducing chronic absenteeism, enhancing out-of-school activities, and expanding access to mental health support. Secretary Cardona shares powerful advice for parents on advocating for their children and celebrating their unique strengths, and Lisa emphasizes the critical role of connection in learning.  More info on the 2024 Back to School Bus Tour. We want to hear from you! How are you preparing your child for the new school year? Follow and subscribe to our YouTube channel where you can see all our latest video episodes: https://youtube.com/@asklisapodcast And follow us on YouTube, Instagram, Facebook, Twitter, and LinkedIn @AskLisaPodcast, @Lisa.Damour, @ReenaNinan. Checkout Dr. Lisa's website for more resources: https://www.drlisadamour.com/ Ask Lisa is produced by: https://www.goodtroubleproductions.com Keywords: education, school year, community, chronic absenteeism, out-of-school time, mental health support, relationships, uniqueness Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ready to make this school year your child's best year yet? We're kicking off Season 5 with special guest U.S. Secretary of Education Miguel Cardona! In this episode, Reena and Lisa explore the initiatives shaping the future of education. They discuss the importance of building community in schools, reducing chronic absenteeism, enhancing out-of-school activities, and expanding access to mental health support. Secretary Cardona shares powerful advice for parents on advocating for their children and celebrating their unique strengths, and Lisa emphasizes the critical role of connection in learning.  More info on the 2024 Back to School Bus Tour. We want to hear from you! How are you preparing your child for the new school year? Follow and subscribe to our YouTube channel where you can see all our latest video episodes: https://youtube.com/@asklisapodcast And follow us on YouTube, Instagram, Facebook, Twitter, and LinkedIn @AskLisaPodcast, @Lisa.Damour, @ReenaNinan. Checkout Dr. Lisa's website for more resources: https://www.drlisadamour.com/ Ask Lisa is produced by: https://www.goodtroubleproductions.com Keywords: education, school year, community, chronic absenteeism, out-of-school time, mental health support, relationships, uniqueness Learn more about your ad choices. Visit podcastchoices.com/adchoices

A disappointing weekend for Bitcoin meant a disappointing monthly close as the market now enters a month sometimes ominously called “Rektember.” To start today's episode, we deep dive into the analysis and predictions for the coming month, its troubled history, and why this year could be an exception. In somewhat Orwellian news, AI can now buy tokens from other AI “agents” on Coinbase, Telegram is becoming a “crypto firm with a sideline in messaging,” and who exactly is at risk from the US SEC putting NFTs in its crosshairs?Further reading:A classic ‘Rektember?' 5 Things to know in Bitcoin this weekCoinbase sees first crypto transaction between AI agentsTelegram financial statement shows it holds $400 million in cryptoWhy is the SEC going after digital art and monkey pictures?Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

Bitcoin's price might have receded a little from $64,000, but there are plenty of reasons to be positive today. Firstly, the US-based spot Bitcoin ETFs have seen their biggest day of inflows in over a month, with back-to-back trading days north of $200 million in overall inflows. Secondly, one analyst is convinced that we're about to enter “Bitcoin batshit season,” which sounds wild even if you're not clear on what it means. Thirdly, Bitcoin millionaires, multimillionaires, and even billionaires have all surged in the past year, each indicating a changing approach to the asset. Elsewhere, the US SEC has charged two brothers over an outlandish crypto Ponzi scheme, PayPal's PYUSD stablecoin hits a $1 billion market cap, and women see men in crypto as less attractive than stamp collectors — wait, what?Further reading:BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pausesBitcoin poised for $150K ‘batshit season' but sellers could dent rallyBitcoin millionaires surge 111% in a year amid crypto rallySEC charges siblings over $60M Ponzi touting crypto trading botPayPal's PYUSD stablecoin hits $1B market capMen in crypto less attractive to women than cosplayers, anime buffs: SurveyRise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

For review.1. Hezbollah attacks Northern Israel with missiles and drones in retaliation for strike on senior commander.2. US SEC DEF:  2 x US Carriers to Remain in CENTCOM AOR.With the USS Abraham Lincoln (CVN-72) and the USS Theodore Roosevelt (CVN-71), there will now be 2 x aircraft carriers and their warships available for US Central Command.3. US Israel - Hamas Hostage Negotiations.A US official says that the hostage talks held in Cairo the past several days have been “constructive.” Notably, US officials appear to be the only party in the talks who sound hopeful about their trajectory.4. Norway and NAMMO collaborate to increase 155mm munition production domestically and in Ukraine. Norwegian Prime Minister Jonas Store: “This government has taken several measures to increase the production of artillery ammunition in Norway. At the same time, we see that it is important to strengthen the Ukrainians' ability to produce modern artillery ammunition in Ukraine."5. Turkey opens the world's largest submarine floating dock with 3,000-ton lifting capacity. The dock is expected to be used as submarine maintenance and overhaul floating facility.6.  North Korea Demonstrates Loitering Munitions that Curiously Resemble Israeli Design. Experts said the drones in the images released by state media looked similar to the Israeli-made “HAROP” suicide drone and Israeli “HERO 30.”7.  Chinese Y-9 Aircraft Violates Japanese Airspace.According to Japanese officials. a Chinese Y-9 electronic intelligence aircraft carried out a two-minute violation of the airspace over Japan's territorial waters at the Danjo Islands in the East China Sea on Monday.8. Hanwha (South Korea) opens new Redback Infantry Fighting Vehicle production plant in Geelong, Victoria (Australia).  The facility will also support the manufacturing of Huntsman AS9 self-propelled howitzers and K10 armored ammunition resupply vehicles. Following its opening, the site is expected to support 2,100 jobs,  

US Sec. of Defense Lloyd Austin has warned Iran that the USA will fight on behalf of Israel if Tehran launches an attack on the Jewish state. In the second half of TruNews, Rick Wiles Interviews Anya Parampil, she is a Washington DC based journalist who writes for the GrayZone. In addition to the GrayZone, Anya has produced several documentaries, and has published in-depth news reports from Palestine, the Korean Peninsula and South America.  One particular article written by her that caught my attention was titled “Has Israel's govt recruited a member of the House Foreign Affairs Committee?  She is the author of the book “Corporate Coup: Venezuela and the End of U.S. Empire”Rick Wiles, Anya Parampil. Airdate 08/09/2024Listen to this FULL show exclusively on Faith & Valueshttps://members.faithandvalues.com/posts/aug-09-2024-pentagon-chief-warns-iran-us-will-fight-for-israelJoin the leading community for Conservative Christians! https://www.FaithandValues.comYou can partner with us by visiting https://www.TruNews.com/donate, calling 1-800-576-2116, or by mail at PO Box 399 Vero Beach, FL 32961.Now is the time to protect your assets with physical gold & silver. Contact Genesis Gold Today! https://www.TruNewsGold.comGet high-quality emergency preparedness food today from American Reserves!https://www.AmericanReserves.comIt's the Final Day! The day Jesus Christ bursts into our dimension of time, space, and matter. Now available in eBook and audio formats! Order Final Day from Amazon today!https://www.amazon.com/Final-Day-Characteristics-Second-Coming/dp/0578260816/Apple users, you can download the audio version on Apple Books! https://books.apple.com/us/audiobook/final-day-10-characteristics-of-the-second-coming/id1687129858Purchase the 4-part DVD set or start streaming Sacrificing Liberty today.https://www.sacrificingliberty.com/watchThe Fauci Elf is a hilarious gift guaranteed to make your friends laugh! Order yours today!https://tru.news/faucielf

Apple's Financial Performance and Buffett's Decision: Apple's recent financial results showed steady revenue growth across various segments including iPhone, MacBooks, and iPads. Warren Buffett's Berkshire Hathaway reduced its stake in Apple by half, sparking market speculation. The implications of Apple's valuation and Buffett's strategy in maintaining a significant yet reduced position in Apple were discussed. Market Movements in Japan: The dramatic drop in Japan's Nikkei 225 index, which fell nearly 27% from its recent highs, was analyzed. Possible reasons behind the sell-off included the unwinding of the Japanese carry trade and broader market concerns about global economic stability. The role of low liquidity in exacerbating the market decline was highlighted. Nikkei 225 Nedbank's Financial Results: Nedbank reported solid financial results with HEP's up 11% and a near 15% return on equity. Improvements in impairments and concerns over the cost-to-income ratio were noted. The banking index's performance and its implications for Nedbank's stock were discussed. Anglogold Ashanti's* Performance: Anglogold Ashanti's strong production and profitability metrics were reviewed. The importance of holding gold miners and gold ETFs in the current market environment was emphasized. Launch of Ethereum ETFs: The approval of Ethereum ETFs by the US SEC was announced, with eight new ETFs available for trading in New York. The differences between Ethereum's proof-of-stake blockchain and Bitcoin's proof-of-work blockchain were explained. Potential implications for investors and the broader crypto market were discussed. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order  

It's a packed episode today! Bitcoin rejected $70,000 again, and the US government spooked the market by moving $2 billion worth of its seized BTC just two days after former President Donald Trump promised that, if elected, none would be sold. Elsewhere, the US SEC has backed down on claims that many major tokens like SOL, ADA and MATIC are securities in its case against Binance, the gaming blockchain Ronin hits two million daily active users, and Tron has surpassed Ethereum in daily revenue. Tune in for all of this and much more in today's Rise'n'Crypto.Further reading:Record $39.4B Bitcoin open interest suggests imminent price breakoutBTC price dips 4.5% as US gov't Bitcoin move raises new sell-off fears‘Tone deaf' — US moves $2B Silk Road BTC after Trump's stockpile pledgeSEC backs down on claiming SOL, ADA, MATIC, other tokens are securities in Binance suit4 suspects forced a Bitcoiner to transfer BTC before killing him, police sayGaming blockchain Ronin records 2M daily active users: Token TerminalTron surpasses Ethereum: $1.42M revenue in 24 hoursRise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

On this episode of JT Sports Live, JT projects the NFL's most explosive offenses for the upcoming season. Could the Dallas Cowboys miss the playoffs? JT reveals his red flags about the Cowboys going into the new year. With two straight Super Bowl wins, the Kansas City Chiefs are looking to capture their third straight Lomabradi and cement themselves as a dynasty. JT analyzes the Chiefs' 3-peat chances. Florida's Over/Under win total is 4.5 and Billy Napier has one of the hottest seats in College Football. But could the Gators shock us and overachieve? Which SEC Quarterbacks will break out this year? JT discusses 7 QBs primed to set the SEC on fire. JT also discusses why Bryce Young will breakout for the Panthers, how good Texas will be Year 1 in the SEC, and Ohio State's rushing attack. --- Support this podcast: https://podcasters.spotify.com/pod/show/jtsports/support

This Day in Legal History: First US Income TaxOn July 1, 1862, President Abraham Lincoln signed the Tax Act of 1862 into law, marking a pivotal moment in American financial history. This legislation introduced a federal income tax to help fund the Civil War, imposing a 3% tax on incomes over $600 and a 5% tax on incomes above $10,000. Despite the pressing needs of the war, compliance with the act was notably poor, reflecting widespread resistance to the new tax.The Tax Act of 1862 was significant as it represented the first instance of income taxation by the federal government, setting a precedent for future taxation policies. However, after the Civil War, the constitutionality of the income tax came into question. In 1872, the federal income tax was repealed, and in 1895, the Supreme Court declared it unconstitutional in the case of Pollock v. Farmers' Loan & Trust Co., arguing that direct taxes had to be apportioned among the states according to the Constitution.This ruling effectively halted federal income taxation until the early 20th century. The financial demands of the country, particularly during times of war and economic expansion, underscored the need for a reliable source of revenue. Consequently, the ratification of the 16th Amendment in 1913 granted Congress the explicit authority to levy income taxes without apportionment, fundamentally reshaping the American tax system.The Tax Act of 1862 laid the groundwork for this constitutional change and highlighted the ongoing challenges of implementing and enforcing income tax laws. Its passage and subsequent legal battles reflect the evolving relationship between the federal government and its citizens concerning taxation. Today, the income tax remains a cornerstone of federal revenue, illustrating the enduring impact of the Tax Act of 1862 on American fiscal policy.Today, the Supreme Court issued a decision addressing the scope of presidential immunity in the case of former President Donald J. Trump, who was indicted on charges related to his conduct during his presidency following the 2020 election. The Court held that a former President is entitled to absolute immunity from criminal prosecution for actions within the "conclusive and preclusive" scope of their constitutional authority. For other official acts, the President enjoys at least presumptive immunity. However, the Court affirmed that no immunity exists for unofficial acts. The decision kicks the major questions back to the lower court for a determination consistent with the holding. Trump v. United States - SCOTUSThe U.S. Supreme Court, in a significant ruling, has overturned the Chevron doctrine, fundamentally altering how courts review agency interpretations of ambiguous statutes. The decision, issued in the case of Loper Bright Enterprises v. Raimondo, dismantles a precedent that has been in place since the 1984 Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc. case.The Chevron doctrine mandated that courts defer to reasonable agency interpretations of ambiguous laws, effectively allowing agencies to shape their regulatory authority. However, the Supreme Court, led by Chief Justice Roberts, concluded that this deference undermines the judiciary's role as defined by the Administrative Procedure Act (APA) and the Constitution.Key Elements of the Decision:Judicial Responsibility: The Court emphasized that Article III of the Constitution assigns the judiciary the responsibility to interpret laws, not agencies. The ruling reinstates the principle that courts must use their independent judgment to resolve legal ambiguities.APA Compliance: The Administrative Procedure Act directs courts to "decide all relevant questions of law" and "interpret constitutional and statutory provisions." The Chevron doctrine's requirement for courts to defer to agency interpretations conflicted with this mandate.Historical Perspective: The decision drew on historical judicial practices, noting that while courts have often given weight to executive interpretations, ultimate interpretive authority has always rested with the judiciary.Inconsistencies and Ambiguity: The ruling criticized Chevron for its inherent inconsistencies and the difficulties it posed in defining statutory ambiguities. The Court argued that statutory interpretation is a core judicial function that does not change simply because an agency is involved.Separation of Powers: The Court's opinion underscored the importance of maintaining clear boundaries between legislative, executive, and judicial functions, rejecting the notion that agencies should have final interpretive authority over ambiguous statutes.Impact on Agencies: The decision suggests that agencies must now operate under increased judicial scrutiny and cannot rely on broad statutory interpretations to justify their actions.This landmark decision is expected to lead to more litigation as businesses and industry groups challenge government regulations without the deference previously afforded to agency interpretations under Chevron. It will fundamentally alter the landscape of regulatory law and may very well be the most impactful Supreme Court decision this term. 22-451 Loper Bright Enterprises v. Raimondo (06/28/2024)Chevron Doctrine's Demise Would Mean Big Changes for Tax LawThe U.S. Justice Department plans to criminally charge Boeing with fraud over two fatal crashes and will offer a plea deal that includes a financial penalty and an independent monitor for three years. The Justice Department's decision follows a finding that Boeing violated a 2021 agreement shielding it from prosecution. The proposed plea deal, which Boeing must respond to by the end of the week, would require Boeing to plead guilty to conspiring to defraud the Federal Aviation Administration. The plea deal includes a $487.2 million penalty, three years of probation, and meetings between Boeing's board and victims' families. If Boeing rejects the deal, the case will go to trial. Victims' families, unhappy with the proposed plea deal, plan to oppose it in court, seeking more significant accountability and financial consequences for Boeing. This decision intensifies Boeing's ongoing crisis, affecting its financial standing and government contract eligibility.US to criminally charge Boeing, seek guilty plea, sources say | ReutersDOJ readying criminal charges against Boeing for prior deadly 737 MAX crashes - POLITICOSteve Bannon, a prominent ally of former President Donald Trump, is set to report to prison on Monday to serve a four-month sentence for defying a congressional subpoena related to the January 6th Capitol attack investigation. Bannon will serve his time at a low-security federal prison in Danbury, Connecticut. His prison term could extend almost to Election Day, complicating his communication with followers of his "War Room" podcast due to the lack of internet access for inmates.Bannon's attempt to delay his sentence while appealing his conviction was denied by the Supreme Court. He was convicted in 2022 on two misdemeanor counts of contempt of Congress for refusing to provide documents or testify before the House committee investigating the Capitol riot. Previously, Bannon had been a key figure in Trump's 2016 campaign and served as his chief strategist in the White House in 2017.Bannon is not the first former Trump official to face prison for non-cooperation with the January 6th committee; former trade adviser Peter Navarro also received a four-month sentence. Additionally, Bannon was pardoned by Trump in 2021 on separate federal charges of fraud related to a border wall fundraising campaign. He still faces state charges for the same issue and awaits trial.Trump ally Steve Bannon to report to prison following contempt conviction | ReutersA federal judge has ruled that most of the U.S. Securities and Exchange Commission's (SEC) lawsuit against Binance, the largest cryptocurrency exchange globally, can proceed. The lawsuit accuses Binance and its founder, Changpeng Zhao, of violating securities laws by inflating trading volumes, diverting customer funds, failing to restrict U.S. users, and misleading investors about market surveillance controls. The SEC also claims Binance unlawfully facilitated trading of unregistered securities. Judge Amy Berman Jackson's decision is a setback for Binance, which sought to dismiss the case. However, the ruling partially favors the cryptocurrency industry, as it supports a previous judgment that secondary sales of Binance's tokens by other sellers on exchanges are not securities. This legal challenge follows Binance's agreement in November to pay $4.3 billion to settle illicit finance breaches with the Department of Justice and the Commodity Futures Trading Commission.Binance must face bulk of US SEC crypto lawsuit, judge rules | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Today's blockchain and cryptocurrency news Bitcoin is down slightly at $65,372 Eth is down half a percent at $3,414 Binance Coin, down half a percent at $583 41% of top ZKsync airdrop receivers divest entire allocation. Two former execs at Bank of Huludao allegedly launder $248M using crypto. US SEC says Ripple is agreeing to nothing. Coinbase launches pre-launch market options. SEC's head of the Crypto Asset and Cyber Unit retires. Learn more about your ad choices. Visit megaphone.fm/adchoices

This Day in Legal History: Miranda RightsOn June 13, 1966, the U.S. Supreme Court delivered a landmark ruling in Miranda v. Arizona, fundamentally transforming the criminal justice system. The Court held that suspects must be informed of their rights prior to police interrogation, a decision aimed at protecting the Fifth Amendment right against self-incrimination. This ruling introduced what is now known as "Miranda rights," which include the right to remain silent, the right to an attorney, and the warning that anything said can be used in court. The case arose from Ernesto Miranda's conviction based on a confession obtained without these warnings, which the Court deemed unconstitutional. Chief Justice Earl Warren emphasized the necessity of procedural safeguards to ensure suspects' awareness of their rights. This decision has since become a cornerstone of American legal procedure, significantly influencing law enforcement practices nationwide. The Miranda warning aims to prevent coercion and ensure fair treatment, highlighting the importance of individual rights within the justice system.Today, Tesla shareholders are voting to approve Elon Musk's $56 billion pay package and relocate the company's legal home to Texas. Musk announced on social media that the pay package and relocation were passing by wide margins. Approval of this substantial pay deal could alleviate investor concerns about Musk's future at Tesla and support the company's efforts to reverse a court decision that voided the pay package. However, the decision may still face challenges in the Delaware court, where a judge previously ruled that Tesla's board was too influenced by Musk. Despite the shareholder vote, legal experts, such as UC Berkeley's Adam Badawi, are uncertain if the court will uphold it.Tesla's stock rose significantly in premarket trading following the announcement. The final voting results will be disclosed at a shareholder meeting in Texas. Major proxy firms had advised against the pay package, but a mix of institutional and retail investor votes helped secure its passage. Shareholders also voted on relocating Tesla's legal headquarters and re-electing board members Kimbal Musk and James Murdoch. This vote is seen as a test of confidence in Musk's leadership amid Tesla's recent challenges, including a significant drop in stock value since 2021 and concerns about Musk's commitments across his multiple ventures.Musk says Tesla shareholders voting yes for his $56 billion pay package | ReutersDisney and Florida Governor Ron DeSantis have resolved their dispute with a deal allowing Disney to develop the Walt Disney World Resort near Orlando for the next 15 years. The feud began in 2022 when former Disney CEO Bob Chapek criticized a state law limiting discussions of sexuality and gender issues in schools, known as the "Don't Say Gay" law. The new agreement, made with the Central Florida Tourism Oversight District, commits Disney to spending at least $8 billion over a decade and $17 billion over 10 to 20 years on the resort. This investment will include expanding affordable housing, ensuring 50% of the spending benefits Florida businesses, and potentially building a fifth theme park, retail and office spaces, and 14,000 additional hotel rooms. Disney President Jeff Vahle highlighted that the agreement facilitates significant investments in the resort. This deal follows a settlement in March to end a lawsuit over control of the special district encompassing Walt Disney World.Disney, Florida's DeSantis end spat with deal on 15-year expansion plan | ReutersThe U.S. Supreme Court is set to rule on the constitutionality of the Securities and Exchange Commission's (SEC) use of in-house judges for adjudicating enforcement actions. This decision could have significant consequences for other federal agencies that employ similar systems. The SEC employs administrative law judges who handle cases referred by the agency's commissioners. These judges conduct hearings, issue subpoenas, and make initial decisions on sanctions, which are then reviewed by the commissioners. This process is generally faster and more specialized than federal court proceedings.The challenge originates from George Jarkesy, a hedge fund manager fined by the SEC in 2013 for securities fraud. Jarkesy contested the SEC's in-house system, and the Fifth Circuit Court of Appeals ruled in 2022 that these proceedings violate the Seventh Amendment's right to a jury trial. This ruling has prompted the Supreme Court to review the case.During a November hearing, the Supreme Court's conservative justices expressed doubts about the legality of the SEC's in-house system, particularly its exclusion of jury trials for fraud charges. Chief Justice John Roberts questioned the constitutionality of depriving individuals of a jury trial based on the government's decision.If the Supreme Court decides to limit or abolish the SEC's in-house courts, it could affect not only the SEC but also other federal agencies like the Environmental Protection Agency, the Labor Department, and the Commodity Futures Trading Commission. These agencies might face slower enforcement actions, increased resource demands, and challenges in targeting misconduct without the use of in-house tribunals.Explainer: What is the US SEC's in-house court under Supreme Court review? | ReutersFirst, some very brief background. Qualified immunity is a legal doctrine that shields government officials, including law enforcement, from liability for civil damages unless they violated a clearly established statutory or constitutional right. It is intended to protect officials from lawsuits over actions taken in their official capacity, provided their conduct does not violate clearly established laws.Recently, the Sixth Circuit Court of Appeals told the Ohio Attorney General (AG) to stop blocking a ballot initiative aimed at ending qualified immunity. This initiative arose from widespread public dissatisfaction with various forms of immunity that often protect government employees from lawsuits. Ohio residents have been trying to place a measure on the ballot to eliminate these immunities. However, the Ohio AG, David Yost, has repeatedly refused to certify the proposed amendment, preventing it from advancing.We'll have to see what Ohio decides, but this development could pave the way for similar initiatives in other states. If Ohio successfully places the measure on the ballot and it gains voter approval, it may inspire activists and lawmakers in other jurisdictions to pursue comparable reforms. The outcome in Ohio could set a precedent and generate momentum for a broader movement to reassess and potentially limit qualified immunity across the United States.Sixth Circuit Tells Ohio AG To Stop Blocking Ballot Initiative Calling For End Of Qualified Immunity | Techdirt This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Vicki Dillard reports on Distinguished Russian Diplomat Had US Sec Blinken Taking Notes During High Stakes Geneva Meeting. Connect with With Vicki:  @vickidillardtv  --- Send in a voice message: https://podcasters.spotify.com/pod/show/africandiasporanews/message Support this podcast: https://podcasters.spotify.com/pod/show/africandiasporanews/support

Facts & Spins for May 28, 2024 Top Stories: Dozens are killed in an Israeli strike on a Rafah tent camp, The Libertarian Party rejects Donald Trump and RFK Jr. as its presidential nominee, Thousands of people are reportedly buried following a landslide in Papua New Guinea, Volodymyr Zelenskyy urges presidents Biden and Xi to attend a Ukrainian peace summit, Emmanuel Macron arrives in Germany on a state visit, A Paris Court sentences Syrian officials for war crimes, A national service election pledge is announced by the UK's conservative government, US Sec. of Defense Austin undergoes a medical procedure, transferring and resuming command, an American missionary couple is killed in Haiti's gang violence, US golfer Grayson Murray tragically passes away from suicide, and the UK's former scientific advisor says another pandemic is “absolutely inevitable.”' Sources: https://www.verity.news/

This Day in Legal History: Standard Oil DissolvedOn this day in legal history, May 15, 1911, the United States Supreme Court delivered a landmark decision that significantly altered the landscape of American business practices. The case in question was Standard Oil Co. of New Jersey v. United States, where the Court found Standard Oil guilty of monopolistic practices in violation of the Sherman Antitrust Act. This Act, passed in 1890, was designed to combat anti-competitive practices, reduce market domination by individual corporations, and preserve fair competition.The decision to break up John D. Rockefeller's oil empire was pivotal in the enforcement of antitrust laws in the United States. The Court's ruling declared that Standard Oil had restrained trade and maintained monopolistic power through unfair and unethical business practices, including predatory pricing and collusive dealings. The verdict mandated the dissolution of Standard Oil into 34 independent companies, some of which have since evolved into major players in today's oil industry, such as ExxonMobil, Chevron, and ConocoPhillips.The significance of this ruling extended beyond the immediate impact on Standard Oil. It set a precedent for the interpretation of the Sherman Act, introducing the "rule of reason" doctrine. This doctrine asserts that only those combinations and contracts that unreasonably restrain trade are subject to actions under the antitrust laws. This nuanced approach allowed for greater flexibility in the application of the law, acknowledging that some business combinations might enhance competition.The case also highlighted the growing public and governmental concern over the power wielded by large corporations, which led to increased regulation and oversight over monopolies. The ruling was a crucial step in defining the boundaries of lawful conduct for businesses, emphasizing that large size and monopoly were not inherently illegal, but that harmful, anti-competitive practices would not be tolerated.The Standard Oil decision remains one of the most important in the annals of American legal and economic history, symbolizing the struggle between corporate power and public interest. It underscores the ongoing challenges and complexities of balancing economic power with the need to preserve free market competition, a concept still very much at the heart of American antitrust enforcement today.The bankruptcy case of Rudolph Giuliani, managed by Judge Sean H. Lane, is facing significant delays, primarily due to Giuliani's challenges against a $148 million defamation judgment. At a recent hearing, Judge Lane expressed his concern over the slow progress and considered major changes to expedite the case. Giuliani has failed to meet deadlines for submitting required financial disclosures, and his legal team reported difficulties in obtaining necessary information from him.The possibility of appointing a trustee to oversee the case or dismissing it entirely was discussed by creditors' lawyers. Additionally, Giuliani's focus on appealing the defamation judgment—related to false accusations made against two Georgia poll workers—has hindered advancements in other aspects of his bankruptcy proceedings. This focus on the appeal has also been criticized for potentially causing indefinite delays. The financial strain is evident as Giuliani has not made moves to sell his properties or settle the defamation judgment, which prompted his Chapter 11 filing. The situation is further complicated by recent derogatory remarks Giuliani made on his radio show, resulting in his suspension. Concerns about the case's stagnation were also voiced by the Justice Department's bankruptcy watchdog, indicating minimal reorganizational activity. The judge has yet to make a decision regarding Giuliani's request to hire special litigation counsel, given the lack of progress on the appeal.Giuliani Bankruptcy Nears Turning Point as Judge Rues Slow PaceLandlords in the commercial real estate sector are bracing for further challenges as an increasing number of retailers file for bankruptcy amidst persistent economic difficulties. The recent Chapter 11 filings by companies such as teen clothing retailer rue21, Express Inc., and Joann Inc. are indicative of the broader issues facing retailers, including high inflation and rising interest rates. While companies like rue21 are opting for liquidation, others like Express are using bankruptcy proceedings to shed unprofitable leases and attempt a turnaround.Bankruptcy laws enable retailers to terminate leases relatively inexpensively, which has become a critical tool for distressed businesses looking to streamline operations. This trend has led to landlords frequently engaging in bankruptcy cases, with larger landlords often having more influence and even purchasing companies out of bankruptcy to maintain continuity in mall spaces.The economic backdrop for these bankruptcies includes the lingering effects of the Covid-19 pandemic, which initially pushed retailers like J.C. Penney and Neiman Marcus into bankruptcy in 2020. Current economic pressures such as inflation and higher interest rates have exacerbated the situation, making it difficult for retailers to pass increased costs onto consumers who are also feeling the financial pinch.For instance, rue21 has been particularly impacted, with its core customer base facing significant financial stress due to inflation. Joann has struggled with increased costs from tariffs on Chinese imports and rising interest expenses, which have doubled in the past two years due to higher interest rates. These challenges are prompting concerns that more businesses may face bankruptcy as the benefits of previous federal aid diminish and the costs of refinancing grow under the current economic conditions.Retail Bankruptcies Pose Pain for Landlords as Headwinds PersistIn Delaware, the corporate legal community is divided over a proposed legislative response to a court decision that challenged long-standing corporate strategies involving stockholder agreements. This legislative move, viewed by some as an overreaction, aims to counteract a February ruling by Vice Chancellor J. Travis Laster, which curtailed the powers granted to founders and certain investors through stockholder agreements in corporate governance. Critics argue that the rush to amend the law could undermine legal coherence and bypass the appellate process, potentially leading to a loss of confidence in Delaware as a prime jurisdiction for corporate charters.Meanwhile, Elon Musk has been ordered by a U.S. federal court to provide further testimony in the Securities and Exchange Commission's investigation into his acquisition of Twitter. The investigation examines whether Musk violated federal securities laws during his takeover of the social media company. This court decision continues a longstanding conflict between Musk and the SEC, which includes previous disputes over Musk's communications about his business ventures. The SEC's ongoing scrutiny of Musk's actions reflects its role in overseeing transparency and legality in corporate executives' maneuvers in the securities markets.Elon Musk ordered to testify again in US SEC probe of Twitter takeover | ReutersMove to Change Delaware Law After Musk Attacks Called Knee-JerkDuring the hush money trial of former President Donald Trump, his former fixer Michael Cohen was subjected to intense scrutiny by Trump's defense attorneys. They aimed to discredit his testimony, highlighting his transformation from a staunch Trump supporter to a harsh critic, and questioning his motivations, suggesting they were driven by financial gain and revenge. Cohen, having already testified for approximately nine hours, claimed that Trump had directed him to pay adult film star Stormy Daniels to prevent her from disclosing an alleged encounter that could harm his 2016 presidential campaign. Trump's lawyers did not focus on the $130,000 payment directly but instead on Cohen's credibility, citing his previous prison sentence for related offenses and his admitted history of lying under oath.During his testimony, Cohen highlighted several key points:* Cohen claimed that Trump had given him the green light to proceed with the payment to Daniels, emphasizing that Trump saw the $130,000 as trivial compared to his wealth, and urged Cohen to just make the payment.* Cohen depicted the payment as a crisis for Trump's 2016 campaign, asserting that Trump believed the disclosure of Daniels' story would be disastrous, particularly because he was already polling poorly with women voters.* In discussions about how the payment might affect his marriage, Trump indicated to Cohen that he was not concerned about the potential impact on his relationship with Melania Trump, suggesting his focus was solely on the electoral implications.* Prosecutors played a recording where Trump can be heard discussing the payment method for a related silence agreement involving Playboy model Karen McDougal, which supports allegations of a "catch and kill" strategy used to suppress damaging stories during the campaign.* Cohen also recounted a meeting with Trump at the White House where Trump reassured him about the financial arrangements for covering the payment to Daniels.The trial, which has been ongoing since April 15, saw Cohen as the prosecution's final witness, with his cross-examination set to continue. The defense presented evidence of Cohen's financial endeavors post-allegations, including profits from memoirs and a podcast critical of Trump, as well as Trump-themed merchandise he sold online. The case hinges on accusations that Trump falsified business records to disguise reimbursements to Cohen for the hush money as legal fees, contributing to the 34 counts he faces. Trump, who has pleaded not guilty, denies any encounter with Daniels and claims the case is politically motivated. The trial also includes a backdrop of Trump defending Cohen publicly, even as federal investigations closed in, which Cohen described as part of a "pressure campaign" to keep him aligned with Trump. This case is one of several legal challenges Trump faces, with others involving allegations of trying to overturn the 2020 election results and mishandling classified documents.Trump's lawyers assail estranged fixer Michael Cohen's credibility at hush money trial | Reuters Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

 US Sec of State Antony Blinken met with Zelensky in Kyiv earlier today, where the Ukrainian president told the US secretary of state that ….Ukraine urgently needs more air defenses and more aid! See omnystudio.com/listener for privacy information.

Vicki Dillard reports on US Sec. Blinken drew the ire of China after arriving late to a meeting. --- Send in a voice message: https://podcasters.spotify.com/pod/show/africandiasporanews/message Support this podcast: https://podcasters.spotify.com/pod/show/africandiasporanews/support

Second hour of the show, and we are cruising right along with some Hail State baseball talk. David Mershon, starting SS for the Dawgs, joins the show on the Farm Bureau guest line. That, SEC Schedule talk, and more! LIVE from the BankPlus Studio! Out of Bounds is sponsored by BetterHelp. Visit BetterHelp.com/BOUNDS today to get 10% off your first month! Learn more about your ad choices. Visit megaphone.fm/adchoices

AlabamaSen. Britt rips into US Sec of Ed for not reigning in college campus protestsGovernor Ivey signs bill that prosecutes child pornography created with AIPaul Prine is voted out as police chief on Tuesday by city councilCommunity members at Decatur city council meeting threaten more protestsAL House is poised to pass bill regarding deadline for names on November ballotTristan Harper of AL makes it to the Top 7 on American Idol 2024 seasonNational4 police officers shot and killed in NC by suspect being served with felony warrantAZ prosecutors drop charges against elderly rancher accuse of killing illegal alienOK man says going to get hot dogs at gas station saved him from killer tornadoNYC judge fines Trump $9K for 9 posts made that violate gag orderTX AG Ken Paxton was in NYC to support Trump during this trialPoll shows independent voters lean to Trump in all the law fare cases against himDem leaders in House will vote to keep Speaker Johnson in motion to vacateState lawmaker in SC says illegals are being given voter registration papers

Today's blockchain and cryptocurrency news Bitcoin is up .5% at $64,372 Eth is up .5% at $3,140 Binance Coin, is up 1% at $603 Consensys files lawsuit against US SEC. Pantera acquires more Solana from FTX estate. Immutable is launching a gaming rewards program Learn more about your ad choices. Visit megaphone.fm/adchoices

(2:00) Headline NewsTaiwan earthquake damage makes an interesting point about Building 7 on 9/11The strange damping system of Taiwan's tallest skyscraperThe biggest obstacle to rebuilding the Baltimore Bridge is…Newsom's gourmet restaurant is EXCEPT from 25% minimum wage increase but the crony capitalism may be MUCH bigger and more sinister(19:32) The Hidden Agenda of THIS Bird Flu This isn't our first rodeo and many of these things have been seen before — but one thing is new…What they're TELLING usWhat they SELLING usNew regulation and surveillance(42:32) Weather, or NOT — Eclipse Weather Predictions Ruin VacationsMedia tells us the "climate gods" ruined people plans — wasn't it the "weather models"? What about "climate" predictionsWATCH Carlin's "Hippy Dippy Weatherman" was just as good as these guysFed economists predict "climate" impact on economy — two things they know NOTHING aboutFighting regulation with regulation: Batman tackles London surveillance cameras with "BatBox"City of Honolulu attacks fuel companies with the same tactic that gun-controllers have used against gun manufacturers — and Hawaiian Supreme Court allows the absurdity to proceedCars Banned in Boston. The city uses 2 pedestrian deaths (Boston Herald calls it a "string") to enact the longstanding global agenda of VISION ZERO for cars(1:09:48) Cars Banned in Boston and Mayor PeeWee's Big EV Adventure Boston uses 2 pedestrian deaths (Boston Herald calls it a "string") to enact the longstanding global agenda of VISION ZERO for cars (1:27:46) Mayor PeeWee's Big EV Adventure BootyGay knows better than you but couches EV as a China vs USA competition (they have been given an insurmountable advantage).  His landline analogy actually mitigates against government subsidies and central planning (1:40:57) Gender studies, transgender gang rape, lawsuits, and Disney grooming, Satanic Temple attacks free exercise of others again — when will government ignore this non-religious fraud? (1:49:28) FROM Abortion, TO "Duty to Die" Suicide Wear a mask, lockdown, get a jab for your neighborhood and community.  Politician wants people to know that suicide will also be your duty in the near future. And, an 89 year old woman in wheelchair who survived communist concentration camp is about to be sent to prison by the communist Biden regime for defense of babies at an abortion clinic (2:03:06) INTERVIEW Gold Soars, Ukraine NATO Membership a Declaration of WW3 Gerald Celente, TrendsJournal.com Gold is taking off and so is World War 3. US Sec of State and the head of NATO are now talking about NATO membership for Ukraine, essentially a declaration of war against Russia. Middle East escalation may create the worst oil scenario we've seen. Commercial Real Estate (CRE) disaster that began with lockdown  will be the biggest bank failure we've seen PLUS revenue disaster for the tax base of the largest citiesFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT

(2:00) Headline NewsTaiwan earthquake damage makes an interesting point about Building 7 on 9/11The strange damping system of Taiwan's tallest skyscraperThe biggest obstacle to rebuilding the Baltimore Bridge is…Newsom's gourmet restaurant is EXCEPT from 25% minimum wage increase but the crony capitalism may be MUCH bigger and more sinister(19:32) The Hidden Agenda of THIS Bird Flu This isn't our first rodeo and many of these things have been seen before — but one thing is new…What they're TELLING usWhat they SELLING usNew regulation and surveillance(42:32) Weather, or NOT — Eclipse Weather Predictions Ruin VacationsMedia tells us the "climate gods" ruined people plans — wasn't it the "weather models"? What about "climate" predictionsWATCH Carlin's "Hippy Dippy Weatherman" was just as good as these guysFed economists predict "climate" impact on economy — two things they know NOTHING aboutFighting regulation with regulation: Batman tackles London surveillance cameras with "BatBox"City of Honolulu attacks fuel companies with the same tactic that gun-controllers have used against gun manufacturers — and Hawaiian Supreme Court allows the absurdity to proceedCars Banned in Boston. The city uses 2 pedestrian deaths (Boston Herald calls it a "string") to enact the longstanding global agenda of VISION ZERO for cars(1:09:48) Cars Banned in Boston and Mayor PeeWee's Big EV Adventure Boston uses 2 pedestrian deaths (Boston Herald calls it a "string") to enact the longstanding global agenda of VISION ZERO for cars (1:27:46) Mayor PeeWee's Big EV Adventure BootyGay knows better than you but couches EV as a China vs USA competition (they have been given an insurmountable advantage).  His landline analogy actually mitigates against government subsidies and central planning (1:40:57) Gender studies, transgender gang rape, lawsuits, and Disney grooming, Satanic Temple attacks free exercise of others again — when will government ignore this non-religious fraud? (1:49:28) FROM Abortion, TO "Duty to Die" Suicide Wear a mask, lockdown, get a jab for your neighborhood and community.  Politician wants people to know that suicide will also be your duty in the near future. And, an 89 year old woman in wheelchair who survived communist concentration camp is about to be sent to prison by the communist Biden regime for defense of babies at an abortion clinic (2:03:06) INTERVIEW Gold Soars, Ukraine NATO Membership a Declaration of WW3 Gerald Celente, TrendsJournal.com Gold is taking off and so is World War 3. US Sec of State and the head of NATO are now talking about NATO membership for Ukraine, essentially a declaration of war against Russia. Middle East escalation may create the worst oil scenario we've seen. Commercial Real Estate (CRE) disaster that began with lockdown  will be the biggest bank failure we've seen PLUS revenue disaster for the tax base of the largest citiesFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT

This Day in Legal History: Biological Weapons Convention Goes into Force This day in legal history, March 26, 1975, marked a seminal moment in the global effort to curtail the proliferation of some of the most dangerous weapons known to humanity. The Convention on the Prohibition of the Development, Production and Stockpiling of Bacteriological (Biological) and Toxin Weapons and on their Destruction, more commonly known as the Biological Weapons Convention (BWC), officially went into force. This landmark treaty represented the first multilateral disarmament agreement banning an entire category of weapons of mass destruction. As of today, 162 countries have joined the Convention, committing themselves to a world free of biological threats by agreeing never to "develop, produce, stockpile or otherwise acquire or retain" biological weapons.The Convention not only prohibits the development and stockpiling of biological and toxin weapons but also mandates the destruction of any existing stockpiles, thereby setting a precedent for future disarmament treaties. Despite the widespread support, some signatory nations have maintained the right to possess certain biological agents and toxins for "prophylactic" purposes, a stipulation that underscores the complexities involved in the treaty's implementation and verification.Over the years, the BWC has faced challenges, including accusations of non-compliance and the difficulty of ensuring verification without an official monitoring body. Nonetheless, the Convention remains a critical component of the international security architecture, reflecting the global consensus against the use of disease as a weapon. On this anniversary, the international community continues to grapple with evolving threats in the realm of biological warfare, making the principles enshrined in the BWC as relevant as ever. As we reflect on the progress made since 1975, the ongoing commitment of signatory nations to the Convention's objectives is crucial for addressing contemporary and future biosecurity challenges.Julian Assange, the founder of WikiLeaks, has been granted a temporary reprieve from extradition to the United States by London's High Court. This decision came after the court required the U.S. to assure that Assange would not face the death penalty if extradited. Assange is wanted in the U.S. on 18 counts, primarily under the Espionage Act, related to WikiLeaks' publication of confidential military and diplomatic documents. His legal battle in English courts has spanned over 13 years, with his lawyers recently challenging the UK's approval of his extradition. The High Court ruled that Assange could have a successful appeal based on several grounds, including the risk of being charged with a capital offense like treason in the future, despite current charges not carrying the death penalty.The court highlighted concerns, notably a past comment by former U.S. President Donald Trump suggesting the death penalty for WikiLeaks' activities, as indicative of the potential risks Assange faces. As a result, the U.S. has been given until April 16 to provide the necessary assurances, delaying Assange's extradition and scheduling a further hearing for May 20. Stella Assange, Julian's wife, praised the decision, calling for the Biden administration to drop the case altogether, which she deemed "shameful." While the court rejected Assange's appeal on claims of political motivation and unfair trial fears, his supporters continue to view him as a journalistic figure persecuted for exposing U.S. misconduct, despite U.S. authorities arguing his actions endangered lives by recklessly publishing sensitive information.Julian Assange wins temporary reprieve from extradition to US | ReutersRepublican donors rallied behind former U.S. President and presidential candidate Donald Trump to aid in funding the bond required for a $454 million civil fraud judgment against him. Before securing a reduction in the bond amount to $175 million, Trump faced the challenge of raising the full amount to avoid the seizure of his properties. Among the benefactors were billionaire hedge fund founder John Paulson and oil magnate Harold Hamm, although their exact contributions and the total amount raised were not disclosed. Also not disclosed, what they hoped to receive in return for bailing out the former president. Trump's legal battle centers on accusations of fraudulently inflating his net worth to obtain better terms for loans and insurance. Despite claims from Trump's campaign that there was no coordinated fundraising effort and assertions of possessing sufficient funds to cover the judgment, reports surfaced of significant offers from donors, including one who proposed over $10 million towards the bond. Following a court decision allowing for a smaller bond, Trump confirmed his capability to meet the requirement promptly, emphasizing his readiness to post the necessary cash, bonds, or securities.This situation underscores Trump's enduring support among wealthy allies as he navigates financial pressures from legal judgments and campaign expenses ahead of the November presidential election against Democrat Joe Biden. Notably, both Paulson and Hamm are actively involved in fundraising efforts for Trump's campaign, highlighting the complex role of big-money contributions in the political landscape. Additionally, Trump has hinted at considering Paulson for the Treasury Secretary position if reelected.The saga of funding Trump's bond raises questions about transparency and the potential for scrutiny from election regulators or federal prosecutors, given the limits on campaign contributions and the broad definition of political donations. The difficulty in securing a surety company for the original bond and the implications of asset seizure by the New York Attorney General add layers of complexity to Trump's ongoing legal and financial challenges.Billionaires sought to help fund Trump bond in civil fraud case, sources say | ReutersAndreas Bechtolsheim, the founder and former chairman of Arista Networks, has settled insider trading charges with the U.S. Securities and Exchange Commission (SEC) by agreeing to pay a civil penalty of nearly $1 million. The settlement, which Bechtolsheim has entered without either admitting or denying the SEC's allegations, also includes a significant restriction on his future professional engagements. Specifically, Bechtolsheim will be barred from serving as an officer or director of any public company for the next five years, as detailed in the SEC's official statement. This resolution addresses the SEC's concerns regarding Bechtolsheim's conduct related to insider trading, marking the conclusion of the regulatory scrutiny he faced. The underlying alleged misconduct involved trading on Cisco's offer to purchase Acacia Communications in 2019. The agreement underscores the SEC's continued efforts to enforce securities laws and maintain fair trading practices within the U.S. financial markets.Former Arista Networks chairman settles insider trading charges, US SEC says | ReutersSun Founder Bechtolsheim Insider-Traded on Tech Deal, SEC Claims - BloombergIn my column this week, I delve into the expanding landscape of digital government services and the imperative it places on the government to ensure universal broadband access, particularly for individuals with lower income.The IRS Direct File pilot program represents a significant step towards offering a free, government-run electronic filing system to the public, aiming to address the long-standing demand fueled by the limitations and costs associated with for-profit tax preparation software. This initiative, however, faces considerable hurdles, notably in ensuring equitable broadband access, especially in rural areas, and the widespread availability of internet-capable devices. It also highlights the critical role of public libraries and their staff in facilitating access to digital tax services, underpinning the broader challenge of digital inclusivity and equity.As the success of Direct File is contingent upon robust and equitable internet access, the urgency to bridge the digital divide is accentuated, with a particular emphasis on innovative solutions and increased funding to enhance broadband connectivity. This includes exploring short-term alternatives such as subsidized satellite internet and bolstering public library resources to serve as pivotal access points for digital tax services.Despite nearly universal ownership of computers or smartphones in U.S. homes, disparities persist in broadband access across different demographic and regional groups, with a notable divide along age and racial lines, as well as significant gaps in rural areas and on American Tribal lands. These disparities underscore the challenges some individuals may face in accessing the Direct File portal, despite its mobile-friendly design.Further, the expiration and depletion of funding for the Affordable Connectivity Program in the coming months may kick as many as 23 million households offline–these households, as you might imagine, trend towards lower income. The very groups for which Direct File can provide the most benefit. In light of this, the importance of public libraries as access points for the internet and tax assistance cannot be overstated, with the Volunteer Income Tax Assistance (VITA) program poised to play a crucial role in expanding Direct File's reach. However, the reliance on library resources and staff underscores the need for targeted training and increased support for VITA volunteers, ensuring they are equipped to assist taxpayers with Direct File and other digital government services.Looking ahead, the expansion of government digital services, like Direct File, highlights the necessity of not only making these services accessible but ensuring equitable internet access to prevent digital exclusion. As the government moves more services online, it is imperative to address the digital divide and ensure that all individuals, regardless of their socioeconomic status or geographic location, can benefit from these advancements.IRS Direct File Should Ignite Push for Universal Internet Access Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Here are the latest news from the Philippines, including US Sec. Blinken's visit to the country, SMNI and El Niño franchise. - Narito ang mga bagong balita mula sa Pilipinas kabilang ang pagbisita ni US Sec. Blinken sa bansa, prangkisa ng SMNI at El Niño.

On Wednesday, a federal court in New York heard oral arguments in Coinbase's motion to dismiss the SEC's case against it for, among other things, allegedly acting as an unregulated securities exchange. Notably, Judge Katherine Polk Failla pressed the SEC to explain how it has jurisdiction over Coinbase in the case by defining what it considers a security.  Sam Enzer, a partner at Cahill Gorden & Reindel who represents Coinbase but not in this matter, joined Unchained to discuss why this case is so significant for the crypto industry, how he believes the government contradicted itself on the crucial definition of what constitutes a security, why he thinks the judge will not dismiss the case at this early stage, how the Ripple and Terraform Labs cases could be used by each side, and why he thinks Judge Failla is such a perfect choice to rule in this case.   Show highlights: Why SEC v Coinbase holds important implications for the U.S. crypto ecosystem What the SEC alleges against Coinbase, focusing on its trading platform, wallet, and staking services How Coinbase forcefully counters the SEC's claims as it strives to get the case dismissed What the “major questions doctrine” entails and its critical role in this dispute Why Sam perceives the judge as “extremely skeptical” of the SEC's stance Whether inconsistencies surfaced in the SEC lawyers' arguments What “strict liability” means and its frequent mention in this legal battle What takeaways from the Ripple and Terraform Labs cases offer about secondary market sales Why Sam believes Judge Katherine Polk Failla is exceptionally well-suited for this case Whether Judge Failla might reject the motion to dismiss, and when  Thank you to our sponsors! Popcorn Network iTrustCapital Guest Sam Enzer, partner at Cahill Gordon & Reindel Previous appearances on Unchained:  Why SBF's Testimony So Far Has Likely Already Doomed Him Another Bad Week for Sam Bankman-Fried in His Criminal Trial Why These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify SBF Trial: How Sam Bankman-Fried's Lawyers Might Try and Win His Case SBF's Lawyers Could Be Annoying the Judge How Might That Impact the Trial? Links Previous coverage of Unchained on the Coinbase case and the topic of securities: SEC Sues Binance, Coinbase: ‘This Is Not the End of Crypto in the United States'  These 2 Crypto Trading Platforms Agree With SEC Chair Gary Gensler Coinbase's Legal Action Against the SEC: How It Will Likely Unfold  ‘Is ETH a Security?' Why Gary Gensler Couldn't Give Congress a Straight Answer Gary Gensler vs. Crypto: What Will the SEC Attack Next? Rep. Emmer on Why He Believes Gary Gensler Is a ‘Bad-Faith Regulator' Coinbase vs. SEC Unchained:  Federal Judge Presses SEC Over Jurisdiction in Case Against Coinbase SEC Sues Coinbase for Breaking Securities Laws SEC Files Motion to Freeze Binance's Assets, Asks for ‘Sworn Accounting' SEC Files 13 Charges Against Binance Including the Mishandling of Funds, Sale of Unregistered Securities SEC Calls Solana, Polygon, Algorand and Other Tokens Securities but Misses Ether in Binance Lawsuit Cointelegraph: Senator Lummis files amicus brief supporting Coinbase's dismissal motion against SEC. Other cases Kraken CNBC: Crypto exchange Kraken settles with SEC for $30 million, will close US staking operation XRP Unchained: SEC vs Ripple: Judge Rules XRP Sold on Exchanges Is Not a Security Terraform Labs Reuters: Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated law Learn more about your ad choices. Visit megaphone.fm/adchoices

Attorney Sam Enzer explains how the case that's currently being heard could impact the SEC's entire enforcement regime against crypto.Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.On Wednesday, a federal court in New York heard oral arguments in Coinbase's motion to dismiss the SEC's case against it for, among other things, allegedly acting as an unregulated securities exchange. Notably, Judge Katherine Polk Failla pressed the SEC to explain how it has jurisdiction over Coinbase in the case by defining what it considers a security. Sam Enzer, a partner at Cahill Gorden & Reindel who represents Coinbase but not in this matter, joined Unchained to discuss why this case is so significant for the crypto industry, how he believes the government contradicted itself on the crucial definition of what constitutes a security, why he thinks the judge will not dismiss the case at this early stage, how the Ripple and Terraform Labs cases could be used by each side, and why he thinks Judge Failla is such a perfect choice to rule in this case. Show highlights:Why SEC v Coinbase holds important implications for the U.S. crypto ecosystemWhat the SEC alleges against Coinbase, focusing on its trading platform, wallet, and staking servicesHow Coinbase forcefully counters the SEC's claims as it strives to get the case dismissedWhat the “major questions doctrine” entails and its critical role in this disputeWhy Sam perceives the judge as “extremely skeptical” of the SEC's stanceWhether inconsistencies surfaced in the SEC lawyers' argumentsWhat “strict liability” means and its frequent mention in this legal battleWhat takeaways from the Ripple and Terraform Labs cases offer about secondary market salesWhy Sam believes Judge Katherine Polk Failla is exceptionally well-suited for this caseWhether Judge Failla might reject the motion to dismiss, and when Thank you to our sponsors! Popcorn Network | iTrustCapitalGuestSam Enzer, partner at Cahill Gordon & ReindelPrevious appearances on Unchained: Why SBF's Testimony So Far Has Likely Already Doomed HimAnother Bad Week for Sam Bankman-Fried in His Criminal TrialWhy These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to TestifySBF Trial: How Sam Bankman-Fried's Lawyers Might Try and Win His CaseSBF's Lawyers Could Be Annoying the Judge How Might That Impact the Trial?LinksPrevious coverage of Unchained on the Coinbase case and the topic of securities:SEC Sues Binance, Coinbase: ‘This Is Not the End of Crypto in the United States' These 2 Crypto Trading Platforms Agree With SEC Chair Gary GenslerCoinbase's Legal Action Against the SEC: How It Will Likely Unfold ‘Is ETH a Security?' Why Gary Gensler Couldn't Give Congress a Straight AnswerGary Gensler vs. Crypto: What Will the SEC Attack Next?Rep. Emmer on Why He Believes Gary Gensler Is a ‘Bad-Faith Regulator'Coinbase vs. SECUnchained: Federal Judge Presses SEC Over Jurisdiction in Case Against CoinbaseSEC Sues Coinbase for Breaking Securities LawsSEC Files Motion to Freeze Binance's Assets, Asks for ‘Sworn Accounting'SEC Files 13 Charges Against Binance Including the Mishandling of Funds, Sale of Unregistered SecuritiesSEC Calls Solana, Polygon, Algorand and Other Tokens Securities but Misses Ether in Binance LawsuitCointelegraph: Senator Lummis files amicus brief supporting Coinbase's dismissal motion against SEC.Other casesKrakenCNBC:Crypto exchange Kraken settles with SEC for $30 million, will close US staking operationXRPUnchained: SEC vs Ripple: Judge Rules XRP Sold on Exchanges Is Not a SecurityTerraform LabsReuters: Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated law-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The US Sec of Defense, Lloyd Austin was in the hospital and no one in the administration knew. Harvard's Claudine Gay declared a martyr by left wing media. Mark Cuban and Elon Musk get into a DEI cock fight. Iowa is fast approaching and Nikki Haley makes freudian basketball slip. Surprise, nobody watched the Golden Globes. Tearing down the statue of William Penn...the Rocky statue must be next...maybe John Fetterman can fix all of this. Right wing hysteria over the Jeffrey Epstein documents release.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5691723/advertisement

On today's show we are taking a look at a new report issued by the staff at the US SEC to the SEC and to the Congress. The law requires the SEC to undertake a review of the accredited investor definition, at least once every four years to determine whether the requirements of the definition should be adjusted. This 53 page report is packed with tons of interesting data. Based on the findings, I'd be shocked if we don't see an amendment to the definition sometime in the first half of 2024.

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $37,198 Eth is up .5% at $2,012 Binance Coin is up slightly at $259 Bittrex Global to shut down US SEC files lawsuit against Kraken Binance reportedly in discussions with DOJ to settle. Tether faces issues in London High Court. Get 15% off OneSkin with the code DCR at https://www.oneskin.co/ #oneskinpod Learn more about your ad choices. Visit megaphone.fm/adchoices

Alongside financial giants like BlackRock, Fidelity, VanEck and Invesco, Valkyrie one of the companies at the forefront of the battle with the SEC over a spot Bitcoin ETF has put forth a strong indication that a landmark approval from the US SEC for a spot Bitcoin ETF could transpire by the month's end. Learn more about your ad choices. Visit megaphone.fm/adchoices