Toronto Rent Prices Soar by 41% in April
Toronto’s rental market continues to experience an astonishing surge in prices, with the average cost of renting a home in Canada’s economic hub reaching a staggering $2,822 in April. According to the recent National Rent Report released by Rentals.ca and Urbanation, rental prices in the Toronto area skyrocketed by 41% compared to the pandemic low […]
Elon Musk On Tesla Cybertruck: “Hard To Make The Cost Affordable”
Tesla (Nasdaq: TSLA) CEO Elon Musk addressed shareholders at the company’s annual meeting on Tuesday, predicting that the economy would improve in 12 months and promising the long-delayed production Cybertrucks would be delivered later this year. Musk stated that Tesla will deliver its first Cybertrucks this year and expects to be able to supply 250,000 […]
No ID, No Trading: EU Now Requires Identification For All Crypto Transactions
The Council of the European Union has given final approval to the Markets in Crypto Assets (MiCA) regulation, which includes requiring identification for all crypto transactions across the 27 EU member states. The landmark legislation, aimed at unifying crypto regulation across the EU, was initially postponed until February, subsequently put out to April, and has […]
BlockFi Plans To Liquidate As Customers Lose $300 Million On Judge Ruling
BlockFi, the bankrupt cryptocurrency lender, intends to liquidate its cryptocurrency lending platform after determining that transferring the company to a new owner would not create enough value for its creditors. In a statement filed Friday with the U.S. Bankruptcy Court for the District of New Jersey, BlockFi revealed its chapter 11 plan of reorganization, which […]
Power Leaves Hosts Colombian Vice President, Government Delegation At Facilities
The Colombian government recently demonstrated its support for Power Leaves Corp, with Colombia’s Vice President, Francia Marquez, touring the company’s Cohetando facility. Marquez was accompanied by Congressmen, INVIMA officials, along with civil and military authorities.
Avanti Helium Expects Sweetgrass Helium Recovery To Be Online In Q4
Avanti Helium (TSXV: AVN) is moving forward with its plan to produce helium from its Greater Knappen property. The company this morning indicated it has begun the process of securing land to house its helium recovery plant. 40 acres of land have reportedly been secured in Liberty County, Montana, where Avanti intends to construct a […]
Patriot Discovers New High Grade Zone, Intersects 122.6 Metres Of 1.89% Li2O
Patriot Battery Metals (TSXV: PMET) continues to see success as it drill tests its Corvette Property in the James Bay region of Quebec. The company last night released further assay results from its 2023 winter drill program. Drilling was primarily focused on the CV5 Pegmatite, including its eastward extension, the westward extension, and a portion […]
Elizabeth Holmes Denied Appeal, Ordered to Pay $452 Million in Restitution
Disgraced Theranos founder Elizabeth Holmes won’t be taking any more photos walking by the beach. The Ninth US Circuit Court of Appeals on Tuesday denied her bail application. Holmes was found guilty of defrauding investors, to whom she made promises of a groundbreaking blood-testing technology that failed to materialize. In November, she was sentenced to […]
Total Helium Connects Five Wells To Processing Facility, Drills Three More
Total Helium (TSXV: TOH) is wasting no time in the development of its recently acquired 27,000 acre Pinta South Project, which it holds a 50% working interest in. The company this morning indicated that just weeks after closing on the purchase of its stake in the helium asset, it has begun heavily developing the property.
Argentina Prepares to Hike Rates As Inflation Soars Above 100%
Argentina’s economy continues to spiral into an even deeper crisis. The South American nation’s central bank is preparing to introduce emergency measures to quell out-of-control inflation that soared above 100% last month. Argentina’s central bank and Economy Ministry are expected to announce unprecedented interventions to lessen currency depreciation and curtail record-high inflation. The country’s benchmark […]