Category: Peoples
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CORVA: Welcome To The Empowerment Epoch — Bitcoin As The People’s Money
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Follow Frank on X. At the Oslo Freedom Forum this year, Len Alden argued that Bitcoin is now liquid enough to be used in a human rights context, a compelling argument with which I agree. Bitcoin, which now has a market capitalization of more than $1.2 trillion, is less volatile…
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People’s Bank of China rate cuts are expected today: LPRs, repo
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The People’s Bank of China is expected to cut its key reverse repo rate today, along with its key lending rates. The Fed’s rate cut this week is expected to pave the way for PBOC cuts. The People’s Bank of China has turned to the 7-day repo rate as the…
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It’s the MLF day in China – No rate cut expected from the People’s Bank of China
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The People’s Bank of China sets the medium-term lending facility rate on the 15th of each month. The rate is currently 2.3%, after the People’s Bank of China made a surprise interest rate cut on the 25th of last month! There is a widespread expectation that there will be no…
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Harold L. Keene buys new Peoples Bankshares stock worth over $6,000 By Investing.com
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Harold L. Keene, director and majority shareholder of New Peoples Bankshares Inc (OTC:NWPP), recently purchased additional shares of the company’s common stock, according to a new regulatory filing. Keene acquired shares in two separate transactions, for a total investment of more than $6,000. The first purchase, which was not reported…
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Economic calendar in Asia Monday, 20 May 2024 – People’s Bank of China rate setting day
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Last Wednesday, the People’s Bank of China kept the interest rate on its medium-term lending facility unchanged at 2.5%. The MLF’s no-change rate strongly suggests that the one-year and five-year loan coverage rates will remain at the same rates as well: 3.45% and 3.95%, respectively The MLF rate setting is…