The International Olympic Committee has decided to postpone the Tokyo 2020 Summer Games because of the coronavirus pandemic, IOC member Dick Pound said on Monday.Pound told Reuters a one-year postponement looked like the best solution. The Games were set to begin in July.
Indian Prime Minister Narendra Modi ordered a 21-day lockdown of the world's second most populous country on Tuesday, following China's example to halt the spread of coronavirus that has infected tens of thousands across the world.
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This is definitely one for the Paid for Search category or Who Cares! Once upon a time in a magical kingdom of glitter and glamour...a powerful queen gave birth to 5 princesses.
"KUWTK" returns Thursday, Mar. 26 at 8|7c on E!
President Donald Trump says he wants the nation "opened up and just raring to go by Easter," a date just more than two weeks away that few health experts believe will be sufficient in containing the spread of coronavirus.
Yeah So what's So Bad About Tax Credits for Solar Panels We should Definitely Have those Mr. Majority Leader!
Senate Majority Leader Mitch McConnell scheduled a vote Monday to try again to advance a $2 trillion stimulus plan after Republicans and Democrats failed to engineer a quick jolt to a sinking economy amid the rising coronavirus death toll, plunging financial markets and dire predictions of a deep recession.
The Senate will take a vote at about about 1:30 p.m. Washington time aimed at getting the legislation to the floor. But the chamber’s Republican majority can’t do it without the votes of Democrats.“Why are the American people still waiting?” McConnell said on the Senate floor before scheduling the vote. “The markets are not doing well today.”Democratic leader Chuck Schumer said he has had “almost continuous negotiations” with Treasury Secretary Steven Mnuchin on Sunday and Monday. He said they are close to reaching a deal and his goal is to do so Monday.While many details of the plan had been hashed out, some fundamental differences hadn’t been bridged.
The recriminations began immediately after McConnell’s first bid for a procedural vote failed Sunday.An incensed McConnell on Monday cited plummeting stock markets to express the urgency to act Monday, and the Kentucky Republican ripped Schumer and House Speaker Nancy Pelosi.He accused Democrats of pushing for unrelated “wish-list items” such as solar energy tax credits and new emission standards for airlines. “This is the moment to debate new regulations that have nothing whatsoever to do with this crisis?” McConnell said.On Sunday, Schumer complained that McConnell’s bill was partisan. He said it amounts to “a large corporate bailout” with insufficient oversight and shortchanges the health-care response to the pandemic. He said there should be “much more money” for hospitals for equipment that is rapidly becoming in short supply.
President Donald Trump sounded an optimistic note after Sunday’s failed vote, saying, “I think we’ll get there.” But there signs that he was growing frustrated with the broader situation in the country. Trump began talking privately late last week about reopening the nation because he’s worried about the economic damage from an extended shutdown, according to people familiar with his thinking.Senators from each party said Monday they expected a deal. In one potential sign of movement, Senator Chris Coons, a Delaware Democrat, Senators have agreed to provide funding for an accountability board for the $500 billion bailout fund. That’s a key Democratic demand, but the details had yet to be worked out.“I don’t see that there is yet final agreement on the language of what is the scope of that accountability board,” he said on Bloomberg Television.
Negotiations were ongoing Monday morning, he said.Financial markets have been roiled by the impact of the pandemic as it forces businesses to shutter and governments to keep people inside. The S&P 500 dropped at the open Monday, and the index has now erased almost all gains accrued during Trump’s presidency.McConnell at one point threatened to use the market turmoil to force the hand of Democrats, saying he would schedule another procedural vote for 9:45 a.m. Monday, “15 minutes after the markets open, and see if there’s a change of heart.” The Senate later adjourned until noon.
The prospect of an election-year market meltdown will revive memories for many lawmakers of the standoff over the bank rescue plan amid the 2008 financial crisis.In September of that year, the House unexpectedly rejected President George W. Bush’s $700 billion Troubled Asset Relief Plan to bail out banks in the wake of the subprime mortgage collapse and to restore confidence in credit markets. The defeat was the result of a revolt by rank-and-file Republicans against their own president and it sent the Dow Jones Industrial Average down almost 7 percent.
McConnell and then-Senate Democratic Leader Harry Reid worked to usher it through the Senate on a solid 74-25 majority two days later. Then on Oct. 3, the House reversed and narrowly cleared the legislation and sent it to Bush for his signature.Until Sunday’s procedural vote on the stimulus plan, Republicans insisted that an agreement with Democrats was close to fruition
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Jeremy Renner wants child support lowered due to COVID-19
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Bitcoin (BTC) and gold showed clear signs of strength on March 24 as the United States Federal Reserve revealed the true extent of its money printing. Having cleared $6,000 on Monday, BTC/USD went on to hold ground at around $6,500. At the same time, gold rallied, as market analysts suggested its recent selloff was over. The precious metal traded at around $1,572 at press time, a daily improvement of 1.35%. Bitcoin versus gold 1-year chart. Source: Skew.comFor gold, the rebound echoed behavior during the financial crisis of 2008, Goldman Sachs highlighted, quoted by Bloomberg. Then, as now, the Fed removing barriers to dollar liquidity ultimately sent the precious metal shooting higher. As various sources reported, the Fed will now embark on a giant buyback exercise which will be worth $125 billion each day — or a massive $2.5 trillion per month. Aimed at shoring up the U. S. economy, the scheme is akin to flooding the market with “new” dollars in what has become the biggest money printing experiment in U. S. history. Treasury Secretary Steven Mnuchin has already described the liquidity on offer to businesses and banks as “almost unlimited.” In an interview with CBS on Sunday, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, went further still, saying:“There is an infinite amount of cash in the Federal Reserve. We will do whatever we need to do to make sure there’s enough cash in the banking system.”This, in turn, has emboldened gold bugs and Bitcoiners alike, who argue that fiat is rapidly unraveling as a trustworthy financial instrument. In a tweet following the news, PlanB, the creator of Bitcoin’s stock-to-flow price model, described the Fed’s actions as the central bank going “full Zimbabwe.”Bitcoin stock-to-flow price model as of March 24. Source: PlanB/ TwitterIt’s timing, he noted, was pertinent — just 50 days before Bitcoin’s supply is due to drop to new lows of 6.25 BTC per block. Stock-to-flow calls for an average Bitcoin price of around $100,000 between 2021 and 2024. PlanB has demonstrated that the model remains intact, despite BTC/USD dipping below $4,000 last week.
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/bitcoi...
Bitcoin Price Eyeing $7,000 After Fed Says it Has ‘Infinite Cash’: https://www.youtube.com/watch?v=lbIe7...
Company's Like Chevron Vowing to "Not cut it's Dividend Ever" That is disgusting they obviously care more about profit than you, the environment or anything else. Chevron and It's CEO are apparently Greedy Scum. Please watch and research the issue but decide for yourself. CNBC's Brian Sullivan reports on breaking news from oil giant Chevron.Chevron shares surged Tuesday after the company announced cost-cutting measures, but promised not to slash its dividend despite mounting pressure from falling crude prices.“Our dividend is our number one priority and it’s very secure,” Chevron CEO Michael Wirth said Tuesday on CNBC’s “Squawk Box.” “We’re taking actions to preserve cash. It will have some impact on production in the near term, but we’ve stayed with our financial priorities, which include protecting the dividend.”The oil giant said it will cut its capital spending plans for 2020 by 20% and suspend its buyback program in an effort to reduce costs. Shares jumped more than 15% on the news.West Texas Intermediate crude prices have been nearly cut in half over the last month as oil gets hit on the demand and supply side. The contract is trading around $24.35. As recently as January it traded above $63. International benchmark Brent crude has also taken a hit. It currently trades around $28.11 per barrel.The coronavirus outbreak has led to demand destruction for crude as travel comes to a near standstill and global economies grind to a halt. In the midst of this, a price war broke out between Saudi Arabia and Russia, with each country seeking to grow its market share. The OPEC+ production cuts that are currently in place expire at the end of this month, meaning nations will soon be allowed to produce as much oil as they want.Saudi Arabia announced plans to increase its daily production to a record 12.3 million barrels per day in April. By comparison, the kingdom pumped roughly 9.7 million bpd in February. Russia is among the other OPEC+ nations that has said it, too, could ramp up production.As a potential oil glut has sent prices deeper into bear market territory, President Donald Trump said last week the U.S. could intervene “at the appropriate time.”Wirth said Chevron is operating under the pretense that the price war between Saudi Arabia and Russia will rage on.“Certainly political dialogue is always helpful, but I don’t think we can count on it. We’re taking actions on the things that we can control. We’re preparing for a difficult market,” he said. “It’s an uncertain market, which is why we’ve taken actions on the things we can control.”Chevron shares moved higher on Tuesday, although the stock has shed 48% this year.“This is the fourth time in my career I’ve seen [crude] prices drop by more than 50% in a very short period of time,” Wirth said. “We’ve been here before, we know what to do, we’re taking action.”For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=yo...
Christopher Meloni‘s latest social media post is neither lawful nor orderly. The former “SVU” star, 58, leaped into action Monday night sharing two photos of himself in his “quarantine kilt” after a fan asked him to “give us a quick quarantine selfie to take the edge off.” In the first, Meloni poses shirtless with his six-pack abs on full display, wearing nothing but his Scottish skirt and a pair of tube socks; for the second, he added a white ruffled shirt and some shades. “With glasses or without?” the actor cheekily asked his followers. Needless to say, most of Meloni’s replies had little to do with his eyewear. “Without the kilt,” one thirsty fan tweeted, while another wrote, “With glasses. Me. I’m glasses.” “Hey Chris, can we get a WITHOUT shirt but WITH glasses? That might be the winning ticket here,” a third joked. Meloni starred as Detective Elliot Stabler on the hit legal drama for 11 years, until he departed in 2011. Clearly, he still has the right to remainy. Share this:
HP just teased a new headset in collaboration with Valve and Microsoft? What are we gonna see new in the windows mixed reality development? what is the role of Valve in this? WMR better tracking? A NEW hp reverb!
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The question of Equality always comes up these days with #Feminist whining and screeching; but rarely do they ever mention their own privileges in society (such as not having to register for the draft to get the same Federal Student Loans that Men do); so we hit the streets to find out what people thought about this topic! Some interviews were unusable due to a mess up with the recording and audio sync :/
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