‘More Bailouts, Please’: Uniper Would Need Up To €40 Billion From German Government — Sources
The German government needs to inject tens of billions of euros into Uniper to help it weather a European gas crisis after a previous scheme to assist the struggling gas importer was abandoned, sources told Reuters. According to German newspaper Handelsblatt, which broke the news of the need for additional cash, the total additional support […]
Will Gold Save Us All? — With Doug Casey
Returning to the Daily Dive today is Doug Casey, a world-renowned resource speaker, New York Times best-selling author, and founder of Casey Research. In this interview, Doug sits down with our host Cassanra Leah to share with us his contrarian views on what’s going on in Ukraine, the Federal Reserve, and what he calls ‘The […]
Pond Technologies Receives $350,000 Milestone Payment Under Contract With Fortune 500 Partner
Milestones continue to be met by Pond Technologies (TSXV: POND) in connection with a contract currently in place between the firms biotech division and a Fortune 500 oil and gas company. The milestones relate to the development of certain algae-based protein based on Pond’s IP. The latest milestone was met by the company when it […]
Elon Musk: “Tesla To Be Worth More Than Apple And Saudi Aramco Combined”
Despite missing delivery and revenue estimates in Q3 2022, Tesla (Nasdaq: TSLA) CEO Elon Musk projected optimism on the earnings call by saying the electric vehicle maker could be worth more than the combined market cap of Apple and Saudi Aramco. “I’m of the opinion that we can far exceed Apple’s current market cap. In […]
Canadian Home Prices Plummet by Most on Record in September
Canada’s real estate bubble is losing air— and fast. Latest Teranet–National Bank National Composite House Price data showed that home prices tumbled 3.1% between August and September, marking the sharpest monthly drop on records dating back to 1999. The index tracks single-family home sales across Canada’s major real estate markets, and is now down 7% […]
First Lithium Begins Geophysical Surveys At OCA Lithium Project
Exploration is now underway for First Lithium Minerals (CSE: FLM) at their wholly owned OCA Lithium Project, found in Chile. The company this morning indicated that it has begun the process of conducting geophysical surveys on its property. The firm has contracted SouthernRock Geophysics SA to conduct both transient electromagnetic as well as magneto-telluric surveys. […]
Colombian Peso At Record Low; Gustavo Petro Pleads Not To Send Money Abroad
Colombian President Gustavo Petro claimed higher US interest rates are sucking money out of South America, and he urged investors to maintain their investments in Colombia despite the peso’s record low. “Don’t send money overseas en masse, because in Colombia there are opportunities,” the recently elected leader said on Wednesday. On Wednesday, the Colombian peso […]
Verses Tech Successfully Demonstrates Autonomous Drone Crowd Monitoring Tech
Verses Technologies (NEO: VERS) is stepping out of the supply chain vertical and into the urban air mobility vertical. The company has reportedly concluded a test in Spain that saw its tech used for autonomous drones in what is being referred to as a first-of-its-kind program. The tech was used as part of a program […]
Frontier Lithium To Raise $20.0 Million Via Bought Deal
Markets might be dreary, but that evidently is not stopping capital from flowing to hot sectors. Frontier Lithium (TSXV: FL) this morning indicated it has entered into an arrangement with RBC Capital Markets and Goldman Sachs to conduct a bought deal finaning. The financing will see the company sell a total of 9.1 million units […]
Liz Truss Doesn’t Outlast Lettuce, Resigns After 45 Days
After serving 45 tremulous and embarrassing days as Britain’s prime minister, Liz Truss has officially thrown in the towel. On Thursday, the embattled politician announced her resignation, after serving just six weeks in office. Albeit outlasting the recommended seven-day shelf life of a lettuce (although that may be debatable as per the Daily Star’s live […]