The Chancellor has announced a series of massive tax cuts for high earners and corporations, which have seen the pound slump and the value of Government bonds fall. Why is the Prime Minister risking turning an economic crisis into a disaster?
Focus on Web 3.0 Era on EOS
The EOS Enterprise Resource Update
Logo Contest for EOS Enterprise Resource tool
Exclusive: Jekyll Island - official executive producer is Maurice Vanegas in 2013 with Bill Still
Why Maurice Vanegas is doing HuFi (Human Generated Finance) movement?
Exclusive: Pomelo end of season 3 experience for Maurice speaking truth
NovaCrypo continuously produces those HuFi workshop interview videos since October 23rd, 2021.
Thank you Maurice for all that you are doing for EOS and empowering the people! Respect!
Hope you like it!
Watch the video interview and find all timestamps in the video description and also here directly below in this post
00:00 - Start
01:25 - Intro
02:02 - Logo contest
05:59 - Some tweets to share
08:06 - HuFi for Medical Care
10:23 - More liquidity with HuFi
13:41 - Nigeria leading the crypto charge
18:29 - EOSERC
21:56 - The situation after Pomelo Season 3 for the HuFi movement
35:10 - Great people in Nigeria and Uganda wo...
DUBAI - Iran on Saturday criticised a U.S. move to make exceptions to sanctions in order to help provide internet to Iranians during nationwide protests, state media reported.
It said this was in line with Washington's hostile stance towards Tehran.
"By reducing the severity of a number of communications sanctions - while maintaining maximum pressure - the U.S. is seeking to advance its goals against Iran," Foreign Ministry spokesperson Nasser Kanaani was quoted by state media as saying.
(Reporting by Dubai newsroom; Editing by Angus MacSwan)...
- European lottery group Allwyn Entertainment said on Friday it has called off its deal with a blank-check company that would have seen its shares list in New York, citing volatile market conditions.
Allwyn said it remained committed to joining the public markets in due course.
(Reporting by Rhea Binoy in Bengaluru; Editing by Shailesh Kuber)...
Overview Recover+ is a working group and community initiative that was started to help the EOS community establish a formalized hacking incident response process. Through improving communication among major EOS block producers and project developers, Recover+ will create a safer and more reliable enterprise environment for businesses building on the EOS network.  Blockchain and smart […]
The post <a rel="nofollow" href="https://eosnetwork.com/blog/recover-blue-paper/">Recover+ Blue Paper</a> appeared first on <a rel="nofollow" href="https://eosnetwork.com">EOS Network Foundation</a>.
By Joey Roulette
PARIS - Sierra Space, a subsidiary of private aerospace contractor Sierra Nevada Corp, may go public or pursue other funding options that would accelerate the company toward its goal of building a space station, company executives told .
No private company has built a space station. Sierra is working with Jeff Bezos' Blue Origin to construct one, called Orbital Reef, in competition with other programs from companies such as Lockheed Martin and Axiom Space.
"It is one of many considerations," Sierra Space President Janet Kavandi said of a public offering, speaking to at the International Astronautical Congress in Paris. She added that the company may opt for another funding round, but that no decision has been made.
She declined to discuss whether the company would consider a traditional initial public offering or a special-purpose acquisition company (SPAC).
A $1.4 billion funding round last...
LONDON (Bywire News) - Boris Johnson’s authority is gone. He has suffered the worst result in a confidence vote any prime minister ever has. It was a crushing verdict on his leadership from Conservative MPs.
41% of them, including up to 75% of his own backbenchers, called for him to stand down. Many more came close to joining the rebels, were it not for Downing Street promising them ministerial jobs and even knighthoods.
If almost any other prime minister had suffered that sort of result, they would have stepped down immediately. But not Johnson.
Talking to broadcasters, he claimed that it was "a very good result for politics and the country" and that "it's a convincing result, a decisive result".
Shortly afterwards, his allies briefed journalists that he would now seek to sack and expel his critics. “The PM’s weakness is he’s too nice to people,” one told the Daily Mail. “We need to start getting tough with some of these people and send a message that we’re not going to put up with i...
LONDON - Britain's deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country's new economic growth plan, which sent international investors heading for the exit.
The pound slumped 3.6% on Friday below $1.09, a new 37-year low against the dollar, while gilts suffered their worst day in decades as the market digested finance minister Kwasi Kwarteng's announcement of a borrowing-funded drive for growth.
"Let's be clear, the interest rates payable on government gilts is about the same in the United Kingdom now today as it is in the United States," Chris Philp, Britain's deputy finance minister, told Sky News when asked about the market moves.
"You mention the dollar, that's been strong against a number of currencies, including the yen and the euro."
The pound has fallen more than 11% against the dollar over the last three months, making it the worst-performin...
By Jonathan Stempel
NEW YORK - Barclays Plc was sued on Friday in a proposed U.S. class action in which shareholders claimed they were defrauded in connection with the British bank's sale of $17.6 billion more debt than regulators had allowed.
A complaint filed in the U.S. District Court in Manhattan by two Florida pension plans seeks to hold Barclays responsible for declines in the prices of its American depositary receipts (ADR)as costs mounted over the blunder.
The complaint said Barclays made "materially false and misleading" assurances in its annual reports that its internal controls over financial reporting were effective.
It also said the bank overstated profit, and understated operating and "litigation and conduct" expenses, by failing to disclose the overissuance in its 2021 earnings releases.
"The failure to have controls in place to account for the number of securities issued against the number of se...
- Russia struck the Pechenihy dam on the Siverskyi Donets River in northeast Ukraine this week using short-range ballistic missiles or similar weapons, the British military said on Saturday.
The attack on Sept. 21 and 22 followed an earlier one on the Karachunivske dam near Krivyi Rih in central Ukraine on Sept. 15, the Defence Ministry said in its daily intelligence bulletin, adding that Ukrainian forces are advancing further downstream along both rivers.
Russian commanders may be attempting to strike sluice gates of the dams in order to flood Ukrainian military crossing points, the ministry said in its bulletin released on Twitter.
The attacks are unlikely to have caused significant disruption to Ukrainian operations due to distance between damaged dams and combat zones, according to the ministry.
(Reporting by Juby Babu in Bengaluru; Editing by Frances Kerry)...
WARSAW - Poland should get double the amount of gas originally expected through the new Baltic Pipe from Norway in the fourth quarter thanks to work in Denmark being completed earlier than expected, a top Polish official was quoted as saying on Saturday.
The forecast came after Danish system operator Energinet said on Saturday the pipeline could be commissioned at full capacity from the end of November instead of Jan. 1 thanks to good progress on work in Denmark, a boost for Poland as it scrambles to replace Russian gas.
Poland was cut off from Russian gas supplies in April for refusing to pay in roubles.
"We ... received positive information from Denmark, despite the work still being underway, the full capacity of the gas pipeline is to be reached earlier than originally assumed," Mateusz Berger, the Polish government official in charge of energy infrastructure, told state-run news agency PAP.
"This should make it possible...
By Jeff Mason
WASHINGTON - President Joe Biden, first lady Jill Biden and a couple thousand fans will rock to a performance by musical legend Elton John at the White House on Friday.
The British singer will perform from the South Lawn on an elaborate stage set up specifically for him and his team.
"The president and the first lady will celebrate the vast contributions Sir Elton has made across his lifetime as an artist and an advocate," spokesperson Karine Jean-Pierre told reporters ahead of the concert.
She said the crowd would include some 2,000 fans including teachers, front-line workers, nurses, mental health advocates, students and LGBTQ+ advocates.
The performance is being paid for by A&E Networks and The History Channel, which is part of A&E, and will air at a later date. A&E Networks is a joint venture of Disney-ABC Television Group and Hearst.
The performance is called "A Nigh...
DOHA - QatarEnergy signed a deal on Saturday with TotalEnergies for the North Field South (NFS) expansion and its chief executive said more partnerships would be announced for the project later.
QatarEnergy chief Saad al-Kaabi said TotalEnergies would have a 9.375% stake out of a 25% stake in NFS dedicated for international partners. QatarEnergy will hold 75% of NFS.
(Reporting by Andrew Mills; Writing by Maha El Dahan; Editing by David Clarke)...
KYIV - Ukraine's sunflower oil output could total between 3.5 and 4.9 million tonnes in the 2022/23 season compared with 5 million tonnes in 2021/22, analyst APK-Inform said on Saturday.
The consultancy said in a report that sunoil exports could be between 3.0 and 4.6 million tonnes in 2022/23 depending on the sunflower seed harvest and the logistical situation.
(Reporting by Pavel Polityuk; Editing by David Clarke)...
- Portia Woodman made a spectacular return to New Zealand's team two weeks ahead of their hosting of the Women's World Cup, scoring seven tries as the world champion Black Ferns handed Japan a 95-12 thrashing at Eden Park on Saturday.
Woodman, an Olympic gold medallist in the Sevens format, was appearing in her first test of the year and underlined her devastating qualities with a virtuoso performance against a heavily out gunned Japanese outfit.
New Zealand's dominance was such that Wayne Smith's side looked on track to eclipse the country's biggest ever win, a 134-6 victory over Germany in May 1998.
Kendra Cocksedge scored New Zealand's opening 14 points inside the first eight minutes as she converted both of her own tries before Woodman used her pace down the flank to outstrip the Japanese to claim her first of the game.
Woodman added the Black Ferns' fourth in the 13th minute while Luka Connor broke through to take the s...