Big Gold Expands Rainy River Property To Over 10,000 Hectares
The Rainy River region of Ontario just obtained a new major landholder. Big Gold (CSE: BG) this morning indicated it has expanded its claims in the region, with the property expansion adding a total of 6,100 hectares of new claims to the firms portfolio. The addition of the new claims brings Big Gold’s total landholdings […]
Berlin Mayor Sees Possible 2 To 3-Hour Power Cuts As Reasonable
Berlin Mayor Franziska Giffey sees the shutdown of power in specific districts or areas for brief periods of time as a “justifiable” emergency measure to protect the power grid in an energy crisis. “If you then have to go without electricity at certain points for two hours, for three hours, then that is a scenario […]
China Decided To Speed Up “Reunification” With Taiwan, According To US State Secretary
China seems to be adamant in its intent to make its “reunification” with Taiwan sooner rather than later, as US State Secretary Antony Blinken observed. Speaking at an event at Standford University, Blinken said China had made a “fundamental decision that the status quo was no longer acceptable, and that Beijing was determined to pursue […]
Scotiabank Calls for 100 Basis-Point Rate Hike, Warns of Recession in Early 2023
Scotiabank is sounding the alarm over the downward trajectory of the Canadian economy, warning of a technical recession in early 2023 accompanied by interest rates as high as 4.25%. According to Scotiabank chief economist Jean-François Perrault, Canada’s economy is expected to contract substantially over the next 12 months, with GDP growth slowing from a current […]
“Banks Are Impotent; Higher Inflation Is The Desired Outcome” — Deflationist Russell Napier
Market strategist and historian Russell Napier broke his own long-time deflationist character two years ago by warning a return of inflation. Later on, price indices among developed economies are breaking record highs. In an interview with The Market NZZ, Napier broke down his controversial view that is toplined by a 15–20-year period of inherently high […]
Activists Use Parkour Skills To Turn Off Lights In Paris
In Paris, groups of activists — the leaping, bounding, and wall-scaling sort — have found an added urgency to their purpose as an energy crisis looms. In 2020, Wizzy Gang was the first parkour group to go around the City of Lights to use their skills to switch off wasteful shop lights to fight light […]
Verses Tech: Is The Spatial Web The Next Technology Frontier?
Verses Technologies Inc. (NEO: VERS) is an innovative technology company, one that is developing next generation artificial intelligence-based (“AI”) business to business applications for Fortune 500 corporations. The company has created a proprietary COSM Operating System (OS) that provides application developers with the tools, language and architecture to build AI-based solutions for their companies. COSM […]
Don’t Start The Car! Ikea Raised Prices up to 80% Due to Surging Material, Transport Costs
The days of peeling out of the Ikea parking lot loaded to the roof with home furnishings and down only a hundred bucks are officially over: shopping at the budget furniture giant likely looks a whole lot different now, after the company hiked prices for some of its items up to 80% due to surging […]
Bitcoin Block Takes Over An Hour To Mine, Holding Up 13,000 Transactions
It took more than an hour to mine a single block of Bitcoin on Monday, leaving 13,000 transactions hanging in an unconfirmed state. The interval between confirming block 759,054 and 759,055 on Bitcoin’s blockchain, between Foundry USA and Luxor, was 85 minutes, or an hour and 15 minutes longer than the average time it usually […]
BC’s Sunshine Coast Declares State of Local Emergency As Drought Conditions Worsen
A state of local emergency has been declared in the Sunshine Coast Regional District (SCRD), the District of Sechelt, and the shíshálh Nation to secure water supply for the users of the Chapman Water System within British Columbia. The order affects several large non-essential commercial uses of water including breweries, water bottlers, and non-medical cannabis […]