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Tag: USA

The minimum wage fight that will define the decade ☞ POLITICO

“California, Washington state and the District of Columbia have already edged beyond the $15 threshold, as of January. And activists are launching lobbying campaigns in more statehouses, hoping to push the minimum wage as high as $22 per hour in coming years. Others are pushing to index state minimum wages to inflation.”

CNBC’s Jim Cramer touted Silicon Valley Bank stock ☞ New York Post

“The ninth best performer to date has been SVB Financial. Don’t yawn,”
“This company is a merchant bank with a deposit base that Wall Street has mistakenly been concerned by,”

“less dependent upon private equity and venture capital offerings.”

“fourth-worst performer of 2022” though it was worth buying because “being a banker to these immense pools of capital has always been a very good business.”
“The stock is still cheap,”

Feds Take Over Silicon Valley Bank in Biggest Bank Failure Since 2007 ☞ RedState

“The FDIC takeover of SBV leaves several unanswered questions for investors and account holders. At the end of 2022, SVB had approximately $209 billion in total assets, with about $175.4 billion in total deposits. According to the FDIC, it’s currently unclear how many of those deposits were above their insurance limit of $250,000 per depositor.”

Apology letter found after US citizens killed in Mexico ☞ AP News

“We have decided to turn over those who were directly involved and responsible in the events, who at all times acted under their own decision-making and lack of discipline,” the letter reads, adding that those individuals had gone against the cartel’s rules, which include “respecting the life and well-being of the innocent.”

Americans Continue to View China as the U.S.’s Greatest Enemy ☞ Gallup

“WASHINGTON, D.C. — For the third year in a row, Americans are most likely to mention China as the United States’ greatest enemy in the world today. When asked the open-ended question, 50% of Americans say China is their nation’s greatest enemy, with most of the rest, 32%, naming Russia. North Korea, which was viewed as the greatest enemy in 2018, is now a distant third at 7%.”

U.S. will require COVID-19 testing for travelers from China ☞ Japan Today

“In a statement explaining the restrictions, the U.S. Centers for Disease Control and Prevention cited the surge in infections and what it said was a lack of adequate and transparent information from China, including genomic sequencing on the viral strains circulating in the country.’These data are critical to monitor the case surge effectively and decrease the chance for entry of a novel variant of concern,’ the CDC said.”

Viktor Bout: Americans Are Too Stoned to Stand Up to Abusive Government, Compares USA to USSR ☞ National File

“In his interview with RT’s Maria Butina, his first since returning home to Russia, Viktor Bout compared the American media to the Soviet propagandists of old, but said it’s even worse, because the Soviets understood that there were limits to the wild propaganda you could feed to the public. But in America, Bout told RT, there is no limit, and Americans are too stoned to do anything about it.”

Europe accuses US of profiting from war ☞ POLITICO

“‘The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,’ one senior official told POLITICO. “

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