Turmoil remerged in the Adani group Wednesday after a top Swiss bank stopped accepting bonds from companies tied to Gautam Adani's corporate empire for margin loans.
Bloomberg reported Credit Suisse Group AG halted the acceptable of bonds of Adani's companies as collateral for margin for banking clients. This news led to further declines in Adani shares and dollar bonds.
The Swiss lender's private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai Ltd., according to people familiar with the matter, who asked not to be identified discussing private information. It had previously offered a lending value of about 75% for the Adani Ports notes, one of the people said.
When a private bank cuts lending value to zero, clients typically have to top up with cash or another form of collateral and if they fail to do so, their securities can be liquidated. --Bloomberg
Shares of Adani Enterprises crashed, closing down by more than 28%. Market cap losses across all Adani companies hit $93 billion since US short-seller Hindenburg Research accused it of corporate fraud one week ago.
Don’t be fooled. Just because Joe Biden’s head is full of marbles doesn’t mean he can’t run over your rights. He has packed his administration with some of the worst leftists to fall out of Berkeley. And these would-be socialists are trying everything they can to clamp down on your constitutional liberties.
To point, Biden’s ATF just cooked up a rule that will put millions of Americans on a federal database. This arbitrary rule will turn law-abiding citizens into criminals overnight, if they don’t comply. And it has everything to do with discouraging you from exercising your Second Amendment rights. So a group of military vets is taking old Joe to task.
From The Washington Free Beacon:
A group of military veterans is suing the Biden administration over a new gun rule that they say dramatically expands the definition of “rifle” to include certain pistols, putting millions of gun-owning Americans at risk of criminal liability, according to a complaint filed in federal court on Tuesday morning…
The suit asked the court to block the new regulation, arguing that the ATF rule is “arbitrary, capricious,” and “invalid.”
Joe Biden has made one of his administration goals ripping your rights from your own hands. He ordered Congress to pass strict gun control laws. When that failed, he used federal agencies to push all kinds of limits on your Second Amendment rights.
But despite all of Biden’s best efforts, Americans continue to secure the right to protect themselves. The Supreme Court recently struck a blow against blue states and their anti-Second Amendment laws. And now, Florida is about to make America a majority freedom country.
From The Tallahassee Democrat:
Florida could become the 26th state to allow people to carry concealed loaded guns anywhere without permits under legislation endorsed Monday by House Speaker Paul Renner and the Florida Sheriffs Association.
Dubbed “constitutional carry,” by supporters, the concept behind the bill (HB 543) also has the backing of Gov. Ron DeSantis and Senate President Kathleen Passidomo, R-Naples.
Not that long ago, Biden signed an order to extend the COVID-19 public health emergency. It’s been nearly three years since the start of this nightmare. Yet Biden and his party keep milking the pandemic–to burn through tax dollars and push whatever mandates they like.
But Biden is in big trouble. He has used the pandemic to bilk the U.S. taxpayer out of trillions. Where did all that money go? Why don’t we have reports on Biden’s COVID spending? So, it looks like Biden is flip-flopping, planning to end the COVID emergency.
From The Post Millennial:
President Joe Biden informed Congress on Monday that he will end two emergency orders regarding the Covid-19 pandemic on May 11, 2023, over three years after they were enacted…
When the emergencies expire, Title 42, a measure put in place by the Trump administration in March 2020 that enables immigration officials to quickly expel migrants due to public health concerns, would be automatically lifted.
It seems Biden wants to end the emergency, so he can welcome even more illegals into the country. Also, he might be trying to cover his spending tracks. But one top GOP senator has some bad news for him.
From Fox News:
Sens. Rand Paul and Joni Ernst are launching an investigation into over $5.4 billion in small business loan fraud as the Biden administration prepares to wind down the COVID-19 pandemic emergency…
It’s no secret that crime has become an epidemic in blue cities. Democrats simply refuse to uphold law and order. And their left-wing, pro-criminal policies have resulted in unprecedented levels of crime. In some parts of Chicago, people are afraid to leave their homes.
Sadly, they can no longer count on the safety of their four walls. Recently, two strangers–a man and a woman–forced their way into an 80-year-old man’s home. They assumed, it seems, that they would easily be able to overpower him. But, as it turns out, this senior citizen believed in the Second Amendment. And these crooks quickly regretted assaulting him.
FOX News reported the incident occurred about 10:30 a.m. Monday, when the 80-year-old answered a knock at his door.
Upon opening the door two alleged intrusion suspects–one male and one female–lunged into the residence and the 80-year-old began fighting with the male.
The 80-year-old managed to use a gun during the struggle, critically wounding the alleged intruder.
Two punks tried to force their way into a man’s house, in broad daylight. Crime is getting so bad in Chicago, that these scum bags don’t even care if it’s 10:30 in the morning! They tried to assault this 80-year-old man but found out that he was armed.
When word broke that Joe Biden had mishandled classified documents, Democrats knew they were in trouble. The scandal got so bad, so far, that the DOJ had to pick a special counsel to investigate it. A former Trump appointee is handling the case; Biden should be worried.
But top Republicans in the House aren’t sleeping on this. James Comer, head of the House Oversight Committee, is also investigating Biden’s misdeeds. And, in a recent interview, he dropped another bomb. This isn’t even the only scandal Biden is being investigated over.
From Daily Wire:
House Oversight Committee Chairman James Comer (R-KY) said during an interview Monday that President Joe Biden was under investigation for allegedly “influence peddling with our adversaries.” […]
“Take into consideration that he’s also being investigated for influence peddling with our adversaries around the world,” Comer continued. “And it’s even more concerning look, more information comes out every day, where his son, especially as well as his two brothers, have had shady business dealings with our adversaries around the world.”
Yikes. We knew about the investigations into Joe Biden’s improper handling of classified documents. But now, Rep. Comer reveals that Biden is also being investigated for alleged “influence peddling” to our adversaries around the world.
The Jews over the centuries have executed numerous atrocities and crimes against various peoples and sovereign nations. Aside from the wars and revolutions, they have launched numerous food embargoes, economic embargoes, instigated brutal economic recessions, and many other such. This essay covers one such event that has been totally buried by history, by Jewish authors, by Jewish book publishers, the Jewish-owned mainstream media, and buried so well that perhaps only a few people of a million are even aware of its existence. Yet this is one of the more savage attempts at Jewish control of a nation, and has been described as “the singular event that sparked what became World War II.” This event was the 1933 Jewish worldwide economic war on Germany, one that occurred long before there was any such thing as sanctions or reprisals of any kind against Jews in Germany.
“Contrary to popular myth, the Jews remained “free” inside Germany – albeit subject to laws which did restrict certain of their privileges – prior to the outbreak of World War II. Yet, a little-known fact is that before the war began, the leadership of the world Jewish community formally declared war on Germany – above and beyond the ongoing six-year-long economic boycott launched by the worldwide Jewish community when the Nazi Party came to power in 1933. As a consequence of the formal declaration of war, the German authorities thus deemed Jews to be potential enemy agents. “Long before the Hitler government began restricting the rights of the German Jews, the leaders of the worldwide Jewish community formally declared war on the “New Germany”. To this day, it is generally (although incorrectly) believed that when Adolf Hitler was appointed German chancellor in January of 1933, the German government began policies to suppress the Jews of Germany.”
Objectivity has no place in a modern-day newsroom because it's "a distortion of reality" that was "dictated over decades by male editors in predominantly White newsrooms and reinforced their own view of the world," so says our new media elites.
From The Daily Caller News Foundation, "Major News Outlets Say They're Ditching Objectivity In The Name Of 'Diversity' ":
Leaders of prominent news organizations are eschewing journalistic objectivity, claiming it is antithetical to a diversity of views in their newsrooms, according to a series of interviews conducted by two journalism scholars.
Former executive editor for The Washington Post Leonard Downie Jr. and former CBS News President Andrew Heyward interviewed over 75 media leaders to gauge how the industry views the concept of "objectivity." The media figures argued that journalists should include their own beliefs, biases, and experiences to convey truth, and that journalistic objectivity was either unrealistic or undesirable.
"Objectivity has got to go," said Emilio Garcia-Ruiz, editor-in-chief at the San Francisco Chronicle.
"[I]ncreasingly, reporters, editors and media critics argue that the concept of journalistic objectivity is a distortion of reality. They point out that the standard was dictated over decades by male editors in predominantly White newsrooms and reinforced their own view of the world," Downie Jr. wrote. "They believe that pursuing objectivity can lead to false balance or misleading "bothsidesism" in covering stories about race, the treatment of women, LGBTQ+ rights, income inequality, climate change and many other subjects. And, in today's diversifying newsrooms, they feel it negates many of their own identities, life experiences and cultural contexts, keeping them from pursuing truth in their work."
Webmaster addition: When I first saw this headline, I thought it was a satire piece! They are literally trying to sell us on the idea that lying to us serves the public good!
The Daily Mail, which obtained a copy of the hard drive from that infamous laptop computer Hunter Biden abandoned at a repair shop, is reporting that it documents how the president's son demanded video sex from an employee, on the threat of withholding her pay.
The hard drive has revealed a long list of unsavory behaviors on the part of Hunter Biden, and even has implicated Joe Biden in some questionable financial transactions, such as the 10% the "big guy" was supposed to be getting from one of Hunter's schemes involving Chinese officials.
The Daily Mail periodically has done a deep dive into the details from the hard drive, each time revealing questionable behavior.
The newest scenario is that Hunter "threatened one of his cash-strapped young female staffers with withholding her pay if she didn't FaceTime him for sex," the report said.
The young woman, 29 at the time, was not identified by the report. But she worked as an assistant at Hunter's firm, Owasco, in 2018 and 2019.
The drive details show "Hunter asking for video sex sessions and sending her cash via Apple Pay after she pleaded that she was struggling to make the rent."
The assistant first appeared on Hunter's laptop in June 2018, "when he flew her from Los Angeles to Washington."
Hunter "filmed and photographed her having sex with him round that time and saved the images on his laptop."
Two ancient clay tablets discovered in Iraq and covered from top to bottom in cuneiform writing contain details of a "lost" Canaanite language that has remarkable similarities with ancient Hebrew.
The tablets, thought to be nearly 4,000 years old, record phrases in the almost unknown language of the Amorite people, who were originally from Canaan — the area that's roughly now Syria, Israel and Jordan — but who later founded a kingdom in Mesopotamia. These phrases are placed alongside translations in the Akkadian language, which can be read by modern scholars.
In effect, the tablets are similar to the famous Rosetta Stone, which had an inscription in one known language (ancient Greek) in parallel with two unknown written ancient Egyptian scripts (hieroglyphics and demotic.) In this case, the known Akkadian phrases are helping researchers read written Amorite.
"Our knowledge of Amorite was so pitiful that some experts doubted whether there was such a language at all," researchers Manfred Krebernik(opens in new tab) and Andrew R. George(opens in new tab) told Live Science in an email. But "the tablets settle that question by showing the language to be coherently and predictably articulated, and fully distinct from Akkadian."
A Hunter Biden email sent to an American aluminum company and promising information on Russian oligarchs is raising fresh concerns about the first son’s access to classified documents recently discovered in his father’s Wilmington, Del., home as lawmakers prepare to investigate allegations of influence peddling.
Documents dating back to 2011 on his notorious “laptop from hell” showed Hunter offered to sell intelligence on Russian oligarchs to the US aluminum firm Alcoa Inc. for $55,000, according to The Post’s exclusive October 2021 report.
As his father served as former President Barack Obama’s second-in-command, Hunter Biden offered to provide a “statistical analysis of political and corporate risks, elite networks associated with Oleg Deripaska, the Russian CEO of Basic Element company and United company RUSAL,” which had just signed a metal supply agreement with Alcoa.
Hunter Biden also offered the company a “list of elites of similar rank in Russia, map of [Deripaska’s] networks based on frequency of interaction with selected elites and countries.”
Three former Twitter employees are scheduled to appear before the House Oversight Committee on February 8th. The hearing will focus on how the social media platform handled news on President Joe Biden’s son, Hunter Biden.
The case will focus on the fact that the organization chose to block the New York Post’s report on Hunter Biden’s laptop in the months leading up to the 2020 election.
Chairman James Comer, (R-Ky.) will head the major session. Republicans have long said that the story was suppressed for political reasons and have called for numerous investigations into the Biden family. This is amplified as Congress wants answers regarding the classified documents found inside President Biden’s Wilmington, Delaware home.
This comes as Matt Taibbi, a journalist, exposed internal Twitter conversations surrounding the laptop story. The information was revealed as part of the Twitter Files, a public disclosure of internal Twitter records orchestrated by Elon Musk, the new CEO of Twitter. Musk fired the Twitter executives responsible, including Twitter’s Chief Censor Vijaya Gadde, after taking over the company.
It was revealed that even though many of the high-level Twitter executives were concerned that they had little cause to use such restrictions, they had agreed upon emergency moderation measures to block the spread of the Hunter Biden narrative.
Western intentions to arm Estonia with the most modern types of conventional weapons which can target Saint Petersburg, as well as the installation of a medium-range anti-missile defence system, suggests that the Baltic country is wanting to challenge Russia despite its military barely even having enough professional soldiers to field a single battalion. At the same time, and just as provocative, Estonian authorities discussed an introduction of a 24 nautical mile coastal zone in the Gulf of Finland to limit the navigation of Russian ships.
It is demonstrated that Estonia is a highly active anti-Russian state that hopes its actions will receive Western tributes and rewards. However, in pursuing this goal, the Baltic country is going as far as wanting to break international law by restricting Russian shipping in waters it has a right to navigate through.
Moscow has repeatedly warned that attempts to deploy offensive NATO weapons will immediately provoke retaliatory steps. By Estonia wanting to place weapon systems that can target Russia’s second largest city, it cannot be discounted that the Russian military will deploy the Iskander system or another type of weapon to completely cover Estonia’s sea, land and air territory.
It is recalled that Lithuania attempted to blockade the Russian exclave of Kaliningrad in 2022 by stopping rail and road transportation and attempted to justify the action because of the EU’s sanctions regime. This quickly failed as a military and economic blockade can lead to a ‘casus belli’ – a reason for war, which would not insure Lithuania under NATO’s “mutual defence” article.
Larger European NATO countries are rotating their units, as well as military equipment, including aviation and F-16 fighter jets, in the Baltic countries. The Baltic countries are full of foreign soldiers and equipment as they themselves cannot ensure their own security despite implementing policies that are extremely provocative and hostile to Russia.
The vice-president of the Economic Committee of the House of Representatives, Mohamed Abdel-Hamid, affirmed that joining the institution benefits the country.
“We will benefit from the Bank’s financial and technical assistance in areas such as sustainable development, health, infrastructure, transportation, water, and telecommunications,” he said.
The addition of Egypt will also relieve the state budget of the pressure to find dollars to meet imports because members of that bank can use their national currencies in bilateral trade, he said.
Parliamentarian Ahmed El-Awadi, head of the House National Security and Defense Committee, also praised the decision: “It represents a step in the fight against the dollarization phenomenon and opens up new markets for Egypt’s agricultural and industrial products,” he said.
Representative George Santos is set to step down from his two committee assignments in the House of Representatives.
Reports confirm that Santos (R-N.Y.) had said during a Republican conference meeting that he will recuse himself from his assignments.
The two committees that he will remove himself from are the Small Business and Science Committees to which he was named in mid-January.
Scott Adams is the creator of the famous cartoon strip, Dilbert. It is a strip whose brilliance derives from close observation and understanding of human behavior. Some time ago, Scott turned those skills to commenting insightfully and with notable intellectual humility on the politics and culture of our country.
Like many other commentators, he fervently encouraged people to take the Covid “vaccine” and sympathized with measures to pressure people into doing so.
Recently, however, he posted a video on the topic that has been circulating on social media. It was a mea culpa in which he declared, “The unvaccinated were the winners,” and, to his great credit, “I want to find out how so many of [my viewers] got the right answer about the “vaccine” and I didn’t.”
As the world remains devastated by the actions of police officers, the brother of Tyre Nichols hopes all of the cops involved die.
46th President Joe Biden has been named in a series of emails from 2017, found in his son Hunter Biden’s laptop, discussing a multi-million-dollar gas deal with China, the DailyMail.com has revealed.