Poland’s Foreign Minister: Time to Ditch the Euro?
It appears that some EU member countries are calling the bluff on the euro, arguing that it may be time to abandon the sinking ship due to its impoverishing effects on smaller economies. According to Polish Foreign Minister Zbigniew Rau, the EU needs to reform its policies so that member nations can return to using […]
Colombia’s First Leftist Government Wants To Decriminalize Cocaine
Colombia, the world’s largest producer of cocaine, wants to end the war on drugs. “It is time for a new international convention that accepts that the war on drugs has failed,” newly-elected President Gustavo Petro said in his inaugural address earlier this month. Petro leads the country’s first leftist government, and they are proposing, through […]
Over Half Of German Households Are Running Out Of Money To Save
Germany’s rising inflation rate is pushing a majority of German households to lose their ability to save, and use their savings on daily expenses. According to Helmut Schleweis, president of the German Savings Banks and Giro Association (DSGV) in a Die Welt report, “up to 60 percent of German households will have to use their […]
Ex-Security Head Discloses Twitter Has Reckless Cybersecurity Policies And Lied To Elon Musk About Bots; CEO Sends Internal Note: “What We’ve Seen So Far Is A False Narrative”
A whistleblower disclosure that illustrates the negligent cybersecurity policies at the company adds an explosive twist to Twitter’s (NYSE: TWTR) ongoing saga against regulatory bodies and Tesla CEO Elon Musk. Former Twitter Head of Security Peiter Zatko–known as “Mudge” in the hacking world–revealed damning information on the platform’s security practices that could threaten the safety […]
Is Copper Headed For A Rebound? With John-Mark Staude
Sitting down with SmallCapSteve today is John-Mark Staude, President, CEO, and director of Riverside Resources, Inc (TSXV: RRI). Today, we talk about meme stocks, the Fed, and commodities. We also get the latest update on Riverside Resources and its gold and silver projects. Riverside Resources, listed on the TSX Venture exchange under the symbol “RRI”, […]
Moscow Exchange Shuns Dollars As Collateral
The Moscow Exchange announced on Monday that it will start banning the use of dollars as collateral to underwrite transactions, in a continuation of the financial battle between Russia and the countries that imposed economic sanctions on it. The Russian big board released a statement regarding the new policy with no further details. The move […]
Aztec Minerals Closes Purchase Of Remaining Interest In Cervantes Gold-Copper Project
Aztec Minerals (TSXV: AZT) has completed its previously announced full acquisition of its Cervantes Property in Sonora, Mexico. The flagship property was previously held via a joint venture with Kootenay Silver (TSXV: KTN). Consideration for the 35% stake in the asset consisted of 10.0 million common shares of Aztec, which were issued at a price […]
Traders Using Private Messaging Apps Could Now Cost Big Banks Almost US$1 Billion Settlement
The giants of the banking institutions are expected to settle with the US Securities and Exchange Commission and the Commodity and Futures Trading Commission related to the agencies’ investigation into the use of banned private messaging apps like Whatsapp by the banks’ traders. According to people familiar with the matter, the total settlement could possibly […]
CloudMD Posts $40.3 Million In Revenue, $44.2 Million Net Loss In Q2 2022
CloudMD Software & Services Inc. (TSXV: DOC) reported on Monday its Q2 2022 financials, highlighting a quarterly revenue of $40.3 million, down from Q1 2022’s $41.4 million but up from Q2 2021’s $15.7 million. The firm is attributing the year-on-year increase to the continued revenue contribution from the acquired MindBeacon business through Enterprise Health Solutions. […]
Flying Nickel To Acquire Nevada Vanadium, Months After Both Were Spun Out Of Silver Elephant Mining
It appears that certain executives within the Canadian junior mining space enjoy consuming shareholder dollars via lawyer fees. Flying Nickel Mining Corp (TSXV: FLYN) this morning revealed that it has entered into a non-binding letter of agreement with Nevada Vanadium Mining Corp for the two firms to merge. The proposed merger follows the two assets […]