Shares of Indian company Jetking skyrocketed by 20% after CEO Avinash Bharwani announced a Bitcoin strategy for the company’s treasury. Jetking purchased its first 12 BTC, becoming the first company of its kind in India.

Michael Saylor set the tone, and now everyone’s rushing in. Meanwhile, Buffett—and even Microsoft shareholders – still want nothing to do with this sh*t. https://preview.redd.it/deoboyi0g26e1.png?width=1080&format=png&auto=webp&s=909c10ac85dbd58d6d24e8969ef208c24dd23804 submitted by /u/XGramatik [link] [comments]

Published
Categorized as Reddit Post

Sergey Auslender: A businessman friend called me, someone who always sees things from a different angle, and scolded me for, as usual, missing the main point – how much money Russian generals (and not just them) will make off the Syrian story.

“Just think about it,” he explained, “imagine how much can be written off under the pretext of evacuation! It’s a goldmine.” I immediately recalled the famous report from the First Chechen War: “In the UAZ vehicle blown up by an IED planted by members of illegal armed groups, there was…” – followed by a list of loot that could barely fit into two KAMAZ trucks. submitted by /u/MarciaUnrein [link] [comments]

Published
Categorized as Reddit Post

COFFEE PRICES HIT 47-YEAR HIGH

Arabica coffee futures have soared past the April 1977 record, doubling in price over the last year due to concerns over Brazil’s crop. Even robusta beans, often used as a cheaper alternative, reached new highs due to weather issues in Vietnam. This surge could raise coffee prices for consumers, with producers already adjusting prices. The price hike is partly driven by speculation, as the next harvest could bring relief if favorable. submitted by /u/XGramatik [link] [comments]

Published
Categorized as Reddit Post

EUR/USD slides on ECB dovish bets, US inflation in focus

EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB is widely anticipated to cut its Deposit Facility Rate by 25 bps to 3% on Thursday. Economists expect US annual core CPI to have grown steadily by 3.3% in November. submitted by /u/Denchock [link] [comments]

Published
Categorized as Reddit Post

On Thursday, TIME will announce the 2024 Person of the Year. Who should it be?

Time magazine has revealed its short list for 2024 Person of the Year: https://preview.redd.it/7moj5bini06e1.jpg?width=1024&format=pjpg&auto=webp&s=031f96e257d51d1ff8af7e36cf3ffe9ec49cc982 Kamala Harris 🇺🇸: “The American dream belongs to all of us.’” Kate Middleton 🇬🇧: “I really hope I can make a difference, even in the smallest way.” Elon Musk 🇺🇸: “I could either watch it happen or be a part of it.” Yulia Navalnaya 🇷🇺: “If you want to defeat Putin, fight his criminal gang.” Benjamin Netanyahu 🇮🇱: “I have a message for you: Israel will win this battle. We will win this battle because we don’t have a choice.” Jerome Powell 🇺🇸: “No single housing finance institution should be too big to fail.” Joe Rogan 🇺🇸: “Greatness and madness are next-door neighbors and they often borrow each other’s sugar.” Claudia Sheinbaum 🇲🇽: “There will be rule of law.” Donald Trump 🇺🇸: ” I’ve always won, and I’m going to continue to win. And that’s the way it is.” submitted by /u/FXgram_ [link] [comments]

Published
Categorized as Reddit Post