In 2023, Johnson & Johnson will completely stop selling talc-based baby powder and focus on the production of corn starch powder. In 2020, sales of the product were stopped in the USA and Canada after numerous lawsuits against the manufacturer.The company was presented with about 38 thousand lawsuits from consumers and their relatives claiming that talc contains ...
The Australian Antitrust Authority reported that the country's Federal Court ordered Google (a subsidiary of Alphabet Inc) to pay a fine of 60 million Australian dollars ($42.7 million) for misleading users when collecting their personal location data.The court found that Google misled some customers about personal location data collected using their Android mobile ...
On Friday, GBP/USD continues to retreat from the local maximum. In the Asian session, the bears attempted to gain a foothold below the 1.2200 level.The strengthening of the pair took place on the release of the US inflation report on Wednesday, according to which the consumer price index for July fell from 9.1% to 8.5%, and core inflation remained at 5.9%The ...
FOREX Fundamental analysis on August 12, 2022The markets went against the Fed. The "hawkish" rhetoric of FOMC members did not stop S&P 500 buyers. Demand for risky assets is growing, and any slightly positive news sharply strengthens stock indexes, and through currency correlation, and EUR/USD.However, literally the day after the release of the US ...
In another interpretation, it is also called lovers' day. But, in the end, what difference does it make, the root is one - love! And love, as the poet said, all Forex is submissive! Did the poet say something wrong? Well, it's just that there was no forex back then, he would have corrected himself…Have you ever wondered what there might be in common between FOREX ...
Sri Lanka (an island nation in southern Asia) has literally run out of gasoline and diesel fuel. India will provide assistance. Fuel from neighbors will arrive in the country in mid-July.India has been helping Sri Lanka for 3 months. During this time, 400,000 tons of fuel were shipped. For comparison, in the USA, more than 17 million tons are spent per day. So ...
The "pearl in the crown of Switzerland" and one of the richest banks in the country, Credit Suisse, is again at the center of a scandal: the company was fined 2 million francs for legalizing the proceeds from international cocaine trafficking.As it turned out, the capital of the Bulgarian mafia was stored in Credit Suisse. From 2004 to 2008, the bank conducted ...
The Nasdaq Composite index has already lost more than 30% since the beginning of the year. And according to Alan Greenspan, the iconic chairman of the Fed, if the stock market falls by 30-40% in a few weeks or months, then it's a bubble.So, what's in our yard? Maybe this is the dotcom 2.0 crisis?The Dotcom Bubble in 2000: How the market collapsed 20 years ...
