Canada Looks To Ban Import Of Russian Oil
Well, it’s official. Canada is formally looking to ban imports of oil from Russia on a go forward basis following Russia’s actions against Ukraine. While the initial announcement was made before the close of markets, it appears that the government has now solidified their intentions via a formal press release. The government describes the move […]
Maxar Technologies: Russian Military Convoy Near Kyiv Stretches for 40 MILES
New satellite images show a Russian military convoy near Kyiv stretching for 40 miles, substantially larger than previous thought. According to Reuters, which cited satellite images captured by US-based private company Maxar Technologies (TSX: MAXR) on Monday, it appears that a convoy of Russian military equipment just north of Kyiv now stretches for about 40 […]
Russians Ditch Ruble for Stablecoins as Sanctions Cripple Russia’s Currency
Russian citizens have been increasingly flocking to stablecoins in lieu of the ruble, as tough economic sanctions imposed by the West wreak havoc on Russia’s financial system. Trading volumes between the ruble and Tether were sent soaring on Monday, as Russia’s domestic currency plummeted to the lowest on record amid crippling sanctions. According to Reuters, […]
Eguana Launches Suite Of Microinverters For Energy Storage Controls
Eguana Technologies (TSXV: EGT) is expanding its product offerings yet again. The firm this evening revealed that it will now be including solar PV microinverter solutions to its product lineup within its power controls platform. Referred to as the Eguana Enfuse line of products, the microinverters are reportedly designed to maximum energy. The microinverters are […]
Ukraine Prepares to Auction War Bonds to Raise Funds for Military
Ukraine is preparing to issue war bonds in an effort to fund its armed forces against the escalating invasion by the Russian military. The government of Ukraine is going to raise money for its army via the sale of war bonds, in an effort to beef up the country’s military against the Russian invasion. Kyiv […]
Russian Central Bank Suspends Currency Intervention Due to Sanctions
Russia’s central bank decided to forego currency intervention meant to support the ruble, as the effects of tight sanctions imposed by the West and the EU weigh down on Russian financial markets. The Central Bank of Russia announced on Monday it will suspend currency interventions to help the ruble, because the country’s assets have been […]
El Salvador’s Bitcoin Jesus
Can the cryptocurrency save El Salvador, or is it the other way around? In Bitcoin Republic Pt. 1, The El Salvador Bitcoin Bro, we looked into how El Salvador ended up with its young, tragically hip, proud entrepreneur of a president Nayib Bukele. Bukele has given the tech and business media reason to pay attention […]
China Reacts to West’s Sanctions on Russia
The Chinese government is opposing sanctions introduced by the West and the EU against Russia, suggesting that they will not solve the inherent problems caused by the Ukraine-Russia conflict, but rather create new ones. On Monday, the Chinese Foreign Ministry announced its opposition to unilateral sanctions recently imposed by the US, Canada, and the EU, […]
Base Carbon Closes Reverse Takeover Deal, Looks At NEO Listing
Base Carbon Corp. announced on Friday the completion of the reverse takeover deal with 1287411 B.C. Ltd. The latter, becoming the resulting issuer, changed its name to Base Carbon Inc. The mostly share-based transaction will see Base Carbon’s outstanding common shares be exchanged for the resulting company’s common shares on a 1-1 basis. This resulted […]
Blue Lagoon: The High Grade Resource Is “The Tip Of The Iceberg” – The Daily Dive
Joining us for the first time today is Quinton Hennigh, the Geologic and Technical Director of Crescat Capital, and a renowned geologist within the junior mining space. Quinton joins us today to talk the geopolitical impact on precious metals and the mining sector as a whole, and whether we’re entering a commodities supercycle. Also addressed […]