U.S. Spy Agencies Warn of Threats From Digital Currency to AI
Joen Coronel, 10 April 2021
The U.S. intelligence community predicts an increasingly leaderless and unstable world in the coming decades as trends such as artificial intelligence, digital currencies and climate change reshape the global arena, according to the National Intelligence Council.
The coming decades will be characterized by a mismatch between global challenges and “the ability of institutions and system to respond,” according to “Global Trends 2040: A More Contested World.” The result will be “greater contestation at every level” — especially between the U.S. and China. Continue reading “Article: U.S. Spy Agencies Warn of Threats From Digital Currency to AI”
RIYADH: A money laundering gang in Saudi Arabia has been sentenced to a total of 106 years in prison and issued a fine of SR1.08 million ($288,000).
“We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation.”- Herbert Hoover
RCMP’s failure to earmark adequate resources against financial crime was compounded by government officials downplaying problem, inquiry hears.
Earlier, several financial media outlets reported that Credit Suisse was considering dramatically shrinking or selling off its prime brokerage unit, the hedge-fund-focused business that just lost $4.7 billion for the bank, obliterating 18 months of the bank’s average net profits.
Back in December, Bloomberg published a sweeping expose that raised serious questions about the ESG investing craze sweeping the world. In the piece, Bloomberg detailed how the Nature Conservancy, the world’s biggest environmental group and a prominent seller of carbon offsets, had sold “worthless” credits to JPMorgan, Disney and BlackRock as the corporations sought to finance the protection of carbon-absorbing forest land to absolve them of their sins tied to fossil fuel usage. 
