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Forum: What's New (for Astra members)
Last Post: CalvinPraig
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Key factors to establish ...
Forum: What's New (for Astra members)
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1 hour ago
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Discover Ontario's Premie...
Forum: What's New (for Astra members)
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4 hours ago
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In Home Personal Trainer ...
Forum: What's New (for Astra members)
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Fitness Trainer For Senio...
Forum: What's New (for Astra members)
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05-17-2024, 04:31 PM
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Car Accident Attorney Tor...
Forum: What's New (for Astra members)
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05-16-2024, 08:13 AM
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Car Accident Lawyers Hta ...
Forum: What's New (for Astra members)
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05-15-2024, 09:20 PM
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Discover Ontario's Premie...
Forum: What's New (for Astra members)
Last Post: Jefferystime
05-13-2024, 07:44 PM
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Toronto Car Accident Atto...
Forum: What's New (for Astra members)
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05-13-2024, 02:02 AM
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Blockchain and its discon...
Forum: What's New (for Astra members)
Last Post: RobertLinny
05-12-2024, 04:03 PM
» Replies: 11
» Views: 13,122
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Trump - climate arsonist |
Posted by: swany - 09-15-2020, 09:16 AM - Forum: Casual
- No Replies
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Trump has blatantly claimed that the ongoing wildfires in California has nothing to do with climate change but instead were the result of poor forest management. Science disagrees to which Trump says "I don't think Science knows yet".
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Turkey's falling Lira |
Posted by: timfoster10 - 07-29-2020, 10:28 AM - Forum: What's New (for Astra members)
- Replies (6)
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Despite selling massive amounts of the US dollar (in billions now) by the Central Bank, the Lira is continuing its plummet. With coronavirus far from over, will a shrinking foreign currency reserve prove a stab in the back for Turkey? Especially, after Turkey is taking short term borrowings just to maintain its Lira on a stable trajectory.
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Coronavirus India |
Posted by: Rsingh77 - 07-27-2020, 06:14 AM - Forum: Casual
- Replies (1)
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Coronavirus in India is now the world’s fastest growing epidemic and India is slowly becoming the epicentre of the virus. The initial lockdown was a major failure and now public fatigue has kicked in. Social distancing is not being followed adequately, lockdowns are much less strict and slowly its going back to business as usual. However, cases are growing exponentially with the current daily increase in cases being 40k. The most worrying detail is that India is no way near it’s peak. Does anyone have any idea as to what the government can do to help curb the spread of the virus? Is India doomed?
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NIO downgraded by Goldman |
Posted by: Jonas10 - 07-19-2020, 02:40 PM - Forum: Casual
- Replies (2)
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GS recently downgraded NIO from a hold to a sell stock and the price dropped by 14 percent. This is the third time this month that GS has changed NIO's rating. This is clearly market manipulation, what is the SEC doing??
ps- GS owns a 1.2 percent stake in NIO
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Blockchain and its discontents |
Posted by: timfoster10 - 07-19-2020, 02:27 PM - Forum: What's New (for Astra members)
- Replies (11)
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Don't get me wrong, Blockchain is definitely a revolutionary space. However, I have never paid much attention to cryptocurrencies because I always felt like they lacked an intrinsic value that is evident with public and private equities. How could you bet on something logically without knowing its financials? Alas, with the recent twitter hack that operated as a scam on the richest men on planet earth and other influencers' accounts, how can I feel safe in a growing decentralised world of blockchain, knowing if I have been scammed or mistreated, no one can ever find the perpetrators?
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Best Quarter in a decade - a paradox |
Posted by: JudyS17 - 07-19-2020, 01:37 PM - Forum: What's New (for Astra members)
- Replies (4)
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Wall Street’s top five banks have posted their best quarter for trading in a decade after the coronavirus pandemic led to frenzied market conditions and radical interventions from central banks. JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup posted combined trading revenues of $33.4bn in the second quarter, their highest tally since the $33.7bn they made in the first quarter of 2010. The gains cushioned the blow of more than $20bn of provisions for loan losses on the banks’ income statements.
- ft 2020
But Wall Street analysts are warning of slowdown. With possible exuberance present in companies like Tesla and coronavirus far from over, especially in the United States, is investing with the crowd inflating the exuberance?
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Should US ban TikTok? |
Posted by: timfoster10 - 07-19-2020, 01:31 PM - Forum: Casual
- Replies (11)
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The White House is considering putting TikTok on a blacklist that would effectively prevent Americans from using the popular video app, as one option to prevent China from obtaining personal data via the social media platform. Given the rise of cloud storage and consolidation of tech-only companies, should US companies be weary of Chinese tech? Could this move hinder the global collaboration on tech?
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Recession in Singapore - a warning |
Posted by: NathanSheng - 07-14-2020, 04:37 PM - Forum: Casual
- Replies (3)
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Singapore is seen as one of the most trade dependent and open economies in the world. Many times, the health of Singapore’s economy indicates the overall global trade situation. Recently, Singapore showed a larger than expected decline in its GDP due to coronavirus. This may mean that the global trade situation is much worse than expected and a huge global economic downturn is just around the corner. Is the world equipped to deal with and soften the blows of this pandemic? Should policy makers focus on helping stabilise global trade?
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Jerome Powell and QE |
Posted by: Jonas10 - 07-12-2020, 01:59 PM - Forum: Casual
- Replies (1)
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The fed has created around 3 trillion dollars through quantitative easing since March. Though there is not substantial evidence to prove that quantitative easing works , it seems to be keeping the stock markets quite stable. It will be interesting to see how this policy plays out and it’s effects on the US economy. Thoughts?
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Uber eyes Amazon |
Posted by: Rsingh77 - 07-12-2020, 01:40 PM - Forum: What's New (for Astra members)
- Replies (4)
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Uber has acquired Postmates for $2.65bn as it aims to capture the delivery-as-a-service market. Uber is pushing to turn Uber Eats into Uber "everything" as it aims to shift away from solely delivering food to capturing large margins on goods - like Amazon. Uber aims to achieve delivery to a customer within a couple of hours. This is highly unlikely to be accessed from large out-of-town delivery stations and fulfilment centres. Rather, it aims to connect local drivers to shops in an attempt to compete against Amazon.
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