25,000 Canadians Are Demanding Homeowner Relief Amid Rising Interest Rates
Canadians are definitely feeling the pinch of rising interest rates. In a petition on Change.org, homeowners are calling on the Bank of Canada to “change and develop strategies” regarding its overnight interest rates, saying that it should be done in a way that allows homeowners “a fighting chance” against inflation. As of this writing, over […]
EU Mulls Dynamic Price Limit On Dutch TTF
To control the region’s energy crisis, the European Commission intends to propose a mechanism to reduce price volatility on the largest gas market in the bloc. The union’s executive arm is looking into imposing a dynamic price cap on transactions on the Dutch Title Transfer Facility, whose primary index serves as the benchmark for all […]
#LizVsLettuce: Liz Truss Is Losing To Lettuce 97-3%; Jeremy Hunt Takes Over (The Livestream) To Announce Reversals
British Prime Minister Liz Truss has only been in office six weeks and she’s already so unpopular that The Economist has compared her “grip on power” to “the shelf-life of a lettuce,” which in turn resulted in the Daily Star running a livestream that pits Truss against a 6-pence Tesco lettuce. Truss took office on […]
Danone To Exit Russian Dairy Business with €1 Billion Write-Off
Danone (EPA: BN) on Friday announced that it has decided to transfer effective control of the Russian operations of its Essential Dairy and Plant-based (EDP) business, a move that would cost the company a write-off of €1 billion ($978 million). EDP Russia represented around 5% of the company’s revenue in the first 9 months of […]
Toronto Tops New Index Of Highest Housing Bubble Risk In The World
All bubbles burst eventually, said this writer when the Canadian housing market boomed in 2020. Two years later and a new report from Swiss bank UBS shows that Toronto holds the highest housing bubble risk in the world — and trailing just half a point and 5 spots behind is Vancouver. The UBS Global Real […]
Energy Markets “Will Still Be Oil & Gas” — With Arthur Halleran of Trillion Energy
Starting off the week on the Daily Dive is Arthur Halleran, President & CEO of Trillion Energy International, Inc. (CSE: TCF). Today, Arthur joins our host Cassandra Leah to discuss the recent OPEC announcement of production cuts and how it will affect the market, Trudeau’s emissions cap in the oil and gas sector, and his […]
‘O Ye Of Little Free Speech’: Kanye West Plans To Acquire “Uncancelable” Social Network Parler
After being banned from Twitter and Instagram for anti-Semitic and controversial posts, the rapper formerly known as Kanye West has offered to acquire the right-wing friendly social network Parler. Parlement Technologies, Parler’s parent firm, announced on Monday that it has entered into an agreement in principle with West, legally known as Ye, for the latter […]
Chinese Communist Elites Expected to Select President Xi Jinping for Third Term
China’s top Communist Party officials are expected to select current president Xi Jinping for a third term, in an unprecedented move that will surely cement the communist country’s authoritarian regime for another five years. Over 2,300 Party elites met during the 20th Party congress over the weekend, to select political leaders and committee memberships for […]
Gazprom Threatens Total Energy Export Halt… Again
The chief of the state-owned Gazprom threatened to cease gas supply to the European Union if the latter set a price cap on the commodity. According to news agency Tass, Gazprom CEO Alexei Miller stated on state television that the company is guided by contractual terms in its supply deals with EU clients and that […]
Leading Firm In German Cybersecurity Council Reportedly Backed By Russian Intelligence
Apparently, it took a comedian to highlight the weakest links of Germany’s cybersecurity. German satirical host Jan Böhmermann uncovered that the “cybersecurity in Germany is in danger – and by the head of cyber security in Germany.” In his late night satire show ZDF Magazin Royale, Böhmermann claimed that the Cybersecurity Council of Germany, founded […]