Category: Finance
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![Aurora Cannabis (ACB.T) comes out on top in Italian tender, but debt looms heavy]()
Aurora Cannabis (ACB.T) comes out on top in Italian tender, but debt looms heavy
Aurora Cannabis (ACB.T) has been named as the sole winner in the Italian medical cannabis tender process, an announcement tempered by worries over the company’s mounting debt and disappointing revenue. On July 18, Aurora fell 1.2% after Bank of America (BAC.NYSE) downgraded the stock’s rating to “neutral” from “buy.” Bank of America analyst, Chris Carey, described Aurora…
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Deciphering Cryptocurrency: Where in the world is Satoshi Nakamoto?
The canon goes that blockchain technology was invented in 2009 by an unknown programmer named Satoshi Nakamoto. He added a white paper, which reads like part technical manual and part ideological manifesto, and unleashed it on the world in 2010. Then he vanished. He’s left some messages, most of which are thought to be hoaxes.…
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![The real reason Apple (AAPL.NASDAQ) CEO Tim Cook hates Donald Trump]()
The real reason Apple (AAPL.NASDAQ) CEO Tim Cook hates Donald Trump
The CEO of Apple (AAPL.NASDAQ) Tim Cook (58) is university educated, liberal and gay. Combine these factors and there is close to zero chance he’s going to be a fan of Donald Trump. Publicly Cook and Trump rarely agree about anything. On the campaign trail, Trump criticized Cook to rile up his base. In fact,…
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Crippling student loan debt – a Canadian story
Democratic hopeful Bernie Sanders declared war on his country’s $1.6 trillion student loan debt problem by promising that he was going to tax Wall Street transactions and use the proceeds to pay it down if elected. “This proposal completely eliminates student debt in this country and ends the absurdity of sentencing an entire generation, the…
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![Thirsty British tea drinkers trigger massive riots on Hong Kong streets]()
Thirsty British tea drinkers trigger massive riots on Hong Kong streets
This week, there was sustained rioting on the streets of downtown Hong Kong (HK), as agitated locals protested a controversial bill allowing China to extradite suspected criminals from Hong Kong to mainland China. 5,200 HK riot police fired tear gas and rubber bullets at the protesters – injuring 85 people – with two in serious…
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![Deciphering Cryptocurrency: Mark Zuckerberg still doesn’t care about your privacy]()
Deciphering Cryptocurrency: Mark Zuckerberg still doesn’t care about your privacy
Cryptocurrency is a hard sell for most people. The average person isn’t interested in things like censorship resistance, immutability, security, peer-to-peer services and other things that get blockchain enthusiasts off. Instead, Joe or Jane Citizen is interested in set-it-and-forget-it solutions so they can get back to living their best lives. These people are either shocked…
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![China to Trump: “You owe us $1 trillion you rude Nazi!”]()
China to Trump: “You owe us $1 trillion you rude Nazi!”
Cadet Bone Spurs (President Trump) has an obsession with nicknames (“Crooked Hilary” “Sleepy Joe” “Crazy Bernie”) so he’s probably aware that Chinese pundits refer to him as “唐纳德” – a double entendre – meaning both “Donald” and “Rude Nazi”. Other popular nicknames for Trump translate as “Rogue Villain” “Dishonest Greedy Merchant” and “Senile Politician.” Unearthing…
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![Deciphering Cryptocurrency: Bitcoin’s bastards]()
Deciphering Cryptocurrency: Bitcoin’s bastards
Blockchain’s a dense topic with a lot of moving parts that can be confusing to the uninitiated. It’s one of those topics that you never stop learning about once you get started. If we’re going to discuss some of the denser, more difficult topics later on, we need a good foundation in the fundamentals. Blockchain…
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![China: Markets, Media & Mayhem]()
China: Markets, Media & Mayhem
Markets: Chinese stock markets were choppy this week as trade tensions between the U.S and China dulled appetite for Chinese equities. On Friday, the Shanghai composite closed flat, the Shenzhen composite fell 0.48% and Hong Kong’s Hang Seng index gained 0.4% in late afternoon trading. After the U.S. added Huawei to a trade blacklist, shares…
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![China: Markets, Media & Mayhem]()
China: Markets, Media & Mayhem
Markets: Chinese stock markets were choppy this week as trade tensions between the U.S and China dulled appetite for Chinese equities. On Friday, the Shanghai composite closed flat, the Shenzhen composite fell 0.48% and Hong Kong’s Hang Seng index gained 0.4% in late afternoon trading. After the U.S. added Huawei to a trade blacklist, shares…
