Peru Declares Another State Of Emergency As Death Toll Rises Amid Protests
Following weeks of protests against President Dina Boluarte, a 30-day state of emergency was announced in Peru’s capital Lima as well as numerous other areas. The act grants executive power to direct the army with more authority to keep the peace and suspends key liberties, such as freedom of movement and assembly. Protests erupted following […]
Core Assets Looks To Raise $3.0 Million Via Charity Flow Through Offering
Core Assets (CSE: CC) is looking to raise funds for further exploration of its Blue Property in British Columbia. The firm last night revealed that it will be conducting a charity flow-through financing. The offering will see the company aim to raise $3.0 million via the sale of charity flow through shares at a price […]
Canadian Inflation Slows to 6.3% in December
Consumer prices continued to slowly moderate in December, suggesting peak inflation may have passed. Canadians paid 6.3% more for goods and services in December compared to one year ago, marking a modest downshift from November’s 6.8% year-over-year increase and better than economists’ forecasts calling for an annual gain of 6.4%. Core CPI, which does not […]
Aztec Minerals To Conduct 26 Hole Drill Program At Cervantes
Aztec Minerals (TSXV: AZT) is looking to start 2023 off on a strong note, announcing last night a two phase exploration program for its Cervantes project, found in Sonora, Mexico. The goal of the program is to expand the California and California Norte targets. The first phase of the exploration program is set to consist […]
Is Ryan Cohen About To Do A Bed Bath & Beyond On Alibaba?
Billionaire investor Ryan Cohen has established a stake in China’s Alibaba Group worth hundreds of millions of dollars and is pushing the e-commerce giant to raise and speed up share buybacks. According to the sources, Cohen, who thought that Alibaba shares were undervalued, told the company in his emails that he believed it could achieve […]
Is It Becoming Socially Acceptable to Steal From Price-Gouging Grocery Stores?
A recent increase in social media users announcing that they have been shoplifting from Canadian grocery stores has caused concern in the retail industry. Consumers are becoming increasingly frustrated as grocery prices rise far beyond the rate of inflation while corporate giants pull in record profits. Some people have reached their wits end, willing to […]
Bill Morneau Details Justin Trudeau’s Lack of Fiscal Prudence During Covid-19 in New Book
Bill Morneau has re-entered the spotlight, this time to unravel the rifts he had with Prime Minister Justin Trudeau during his tenure as Canada’s finance minister. In his new book titled, Where To from Here: A Path to Canadian Prosperity, Morneau alleged that Trudeau prioritized “scoring political points” over sound fiscal policies during the the […]
Huge Fire Breaks Out at a French Warehouse Holding Thousands of Lithium Batteries
A huge fire consumed a warehouse containing thousands of lithium batteries in Grand-Couronne, France on Monday evening. Several massive explosions were heard from the building and a thick plume of smoke can be seen from miles away. The fire is said to have spread to a nearby storage facility that holds car tires. The fire […]
Bankrupt Hedge Fund Three Arrows Capital Founders Shoot For $25-Million Crypto Exchange
The founders of the now-bankrupt crypto hedge fund Three Arrows Capital (3AC) Su Zhu and Kyle Davies seem to don’t know when to quit. The duo, along with their team, is aiming to raise $25 million to start a new crypto exchange. The announcement of the fundraising comes just two months after the collapse of […]
Bank Of Japan’s Yield Curve Control Curves Back
After surprising investors and economists with widening its 10-year bond yield range, the Bank of Japan (BOJ) is caught in a bind after government bond yields have exceeded the upper ceiling of the new range multiple times since. Many are expecting that the country’s central bank will be scrapping its six-year long yield curve control […]