“Defeating inflation is our mantra, our mission, our mandate,” and that’s “why we have to raise interest rates,” says ECB’s Lagarde now, after years of reckless money-printing and NIRP. By Wolf Richter for WOLF STREET. The overall inflation rate in the 19 countries that use the euro jumped to 10.7% in October, up from 9.9% in September, by far the worst in the history of the Eurozone data going back to 1997, driven by energy, food, non-energy industrial goods, and increasingly services, according to Eurostat today. Compared with the prior month, inflation spiked by 1.5%; on an annualized basis, that’s close to 20%!…
Author: Press Room
Elon Musk’s takeover of Twitter and his immediate firing of top brass represents a potential weakening of the Big Digital woke cartel that controls information, censers content, censures and bans users, and serves as a propaganda arm of leftist totalitarian statists. Given their cooperation with and promotion of leftist statism, it is more than evident that Twitter, Facebook, Google, and others have served as state apparatuses, as what I have called “governmentalities.” Musk’s takeover not only represents a potential blow to the woke cartel but also to the globalist statists whom it so assiduously serves. I have argued that Musk’s…
by Phillyguy for The Saker Blog October 31, 2022 Summary The international news cycle has been dominated by the war in Ukraine, mounting tensions in the Taiwan strait and Middle East, rising inflation and high cost of energy and severe economic problems confronting the EU. Much less attention has been focused on what are the primary forces driving all of this? I believe this is a direct consequence of the accelerating economic and social decline of the American empire and its attempts to counteract this decline with austerity at home and an increasingly bellicose, reckless and astronomically expensive foreign policy.…
MANCHESTER, N.H. – Sen. Rick Scott of Florida predicts Republicans will win back the Senate majority in next week’s midterm elections and control “52-plus” seats in the next Congress.Scott, the chair of the National Republican Senatorial Committee (NRSC), forecast in an interview Monday in New Hampshire with Fox News that the GOP will successfully hold onto all 21 seats they’re defending in the midterm elections – including in the key battleground states of Wisconsin, Pennsylvania and North Carolina. And pointing to Democratic-controlled seats the NRSC has been heavily targeting for nearly two years, Scott said, “I think we clearly pick up…
Politician turned venture capitalist Bradley Tusk recently spoke at a Live event on how startups should approach regulation. Dibbs CEO and co-founder Evan Vandenberg joined Tusk in the conversation. The event is embedded below, and it’s free to watch. Throughout the talk, the two guests expressed their firm stance on the power of utilizing regulations to build trust and utility. Tusk admits he’s known as the regulation guy — and for a good reason, too. Before starting his VC firm, Tusk was instrumental in Uber and Bird’s early days, helping the two companies bring their services to new markets in…
(University of Washington Photo / Mark Stone) The University of Washington is ranked No. 24 in a new list of the top 100 universities in the world based on the number of alumni entrepreneurs who came out of the schools and founded venture capital-backed companies. The university rankings from investment data research firm PitchBook include undergraduate and graduate listings as well as those for startups led by female founders. PitchBook says its data was used to analyze more than 144,000 VC-backed founders. PitchBook’s undergraduate tally for the UW includes 456 founders, 413 startups and $11.8 billion in capital raised. The…
Black Adam dropped into theaters last weekend, bringing DC Comics’ violent antihero to the silver screen for the first time in live action. With Dwayne Johnson in the lead role, Adam beats up hero and villain alike after being released from a 5,000-year imprisonment, from the early scenes until the credits roll (the post-credits scene is comparatively chill).”The arrival of megastar Dwayne Johnson in the DC universe, plus the long wait for the film’s arrival, built Black Adam into feeling like an event,” CNET’s Richard Trenholm said in his review. “Now it’s here, and it doesn’t feel that momentous. Still,…
You may trust Chegg with your textbooks or tutoring, but regulators aren’t quite so confident. The Federal Trade Commission has filed a complaint accusing education tech provider Chegg of “careless” security practices that compromised personal data since 2017. Among the violations, the company reportedly exposed sensitive info for roughly 40 million customers in 2018 after a former contractor used their login to access a third-party database. The content included names, email addresses, passwords and even content like religion, sexual orientation and parents’ income ranges. The info eventually turned up for sale through the online black market. Some of the stolen…
The perils of party-hopping. Kim Kardashian attended multiple soirées over Halloween weekend, but she found out too late that costumes were not required at one of them. “That time I showed up to a birthday dinner in full costume when it wasn’t a costume party!” the Skims cofounder, 42, joked via her Instagram Story on Sunday, October 30. “Happy Birthday to the most beautiful kind soul [Tracee Ellis Ross].” The Kardashians star included a photo of herself — dressed in her elaborate Mystique costume — posing with the Black-ish alum, who turned 50 on Saturday, October 29. As the Hulu personality…
Kourtney Kardashian and Travis Barker wore a killer couples costume to Khloe Kardashian‘s Halloween party on Sunday, October 30. Travis, 46, dressed as the murderous Chucky while Kourtney, 43, transformed into his wife Tiffany, from the 1988 horror movie Bride of Chucky. “Kravis” absolutely nailed their costume and looked exactly like the pair of dolls from the film. More AboutKourtney Kardashian Kourtney Kardashian and Travis Barker nail ‘Bride of Chucky’ couples Halloween costume. pic.twitter.com/6dJnl5P4GN — Pop Crave (@PopCrave) October 31, 2022 Travis wore Chucky’s multi-colored striped shirt with denim overalls and red shoes. The Blink-182 drummer rocked orange hair and epic makeup to transform into the…