APIA–Samoans celebrated in the streets at midnight Thursday when, with a song, a prayer and the ringing of bells, they wiped Friday off the calendar this week in a historic leap across the dateline. The midnight switch from Thursday, December 29 to Saturday, December 31 brought the Pacific island nation in line with its main trading partners Australia and New Zealand who had been a day ahead. People crowded into the capital Apia to be photographed near the town clock on the stroke of midnight as the seamless transition across the dateline went without a hitch. “Tonight is a momentous and noteworthy occasion that will be documented and recorded in the history of Samoa,” Prime Minister Tuilaepa Sailele Malielegaoi said a speech marking the change. He said alignment with Australia and New Zealand could only benefit Samoa, allowing direct trade five days a week with the regional powerhouses which are also home to large expatriate Samoan communities. As the bells chimed on the … [Read more...] about Party as Samoa loses Friday in time zone jump
Saikyo jump december 2022
Year-End Tax Tips After Crypto’s Dismal 2022
Share to Twitter Share to Linkedin What Happened It has been a rough 2022 for cryptocurrency holders who had to face the collapse of luna and its associated stablecoin terraUSD, the meltdown of several digital-asset exchanges, and a brutal financial winter that cut the market value of all coins and tokens to $800 million from the January high of $2.4 trillion. With the year coming to an end, U.S. investors–most of whom are likely to be sitting on losses – have some room to optimize their tax situations and get ready for the upcoming filing season. Anyone following crypto knows how volatile the market can be. Forbes CryptoAsset & Blockchain Advisor looks at the universe of viable crypto assets with proprietary analysis and insider crypto knowledge to guide you to the best choices. Key Concepts Below are some strategies and best practices you can follow before the end of the year to save on taxes and have a smoother filing experience in … [Read more...] about Year-End Tax Tips After Crypto’s Dismal 2022
U.S. Regulator Says That Binance Illegally Helped Americans Trade On Its Exchange
Share to Twitter Share to Linkedin The Commodity Futures Trading Commission (CFTC) today issued a complaint against Binance, the largest crypto exchange in the world, alleging that the firm put profits over compliance and committed “numerous violations of the Commodity Exchange Act (CEA) and CFTC regulations.” Also mentioned were Changpeng Zhao, the Binance founder and CEO, and former Chief Compliance Officer Samuel Lim, who is cited widely throughout the complaint and allegedly orchestrated much of the malfeasance. Today’s filing is the latest in a series of questionable behaviors by the company. However, while the CFTC is seeking disgorgement of profits, civil monetary penalties, registration bans and a permanent injunction against violations of the CEA and CFTC regulations, the long-term impact of this filing is unclear. Specifically the document, filed today in the federal courthouse in Chicago, alleges that the company offered crypto derivatives, … [Read more...] about U.S. Regulator Says That Binance Illegally Helped Americans Trade On Its Exchange
World’s Largest Crypto Exchange Sued By US Regulators
The Commodity Futures Trading Commission (CFTC) sued Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao on Monday for allegedly breaking trading and derivatives rules. The derivatives regulator said Binance neglected its responsibility to properly register with the CFTC, according to the filing. The agency has been investigating Binance since at least 2021 over whether it has allowed Americans to trade crypto derivatives, as the CFTC rules typically obligate companies to register if they do. Binance allegedly guided American customers to avoid compliance measures by using VPNs (virtual private networks) and other methods, according to the filing. The firm also allegedly hid the fact that they had American customers in their internal documents and data. While Binance.US launched in 2019, Binance.com is illegal for Americans to use, which is why it is only accessible through VPN. Binance.US is more limited than Binance.com, with roughly 150 … [Read more...] about World’s Largest Crypto Exchange Sued By US Regulators
How, When And Where To See A Rare Conjunction Of Venus And Uranus After Sunset This Week
Share to Twitter Share to Linkedin Next week the brightest planet and the seventh planet from the sun will appear very close to each other in the post-sunset night sky. Venus has been rising into the twilight sky since December 2022 and is now about 36º above the southwest horizon as soon as it gets dark, as seen from the northern hemisphere. That’s about as high as it ever reaches. Uranus—on its slow 88 Earth-years orbit of the Sun—doesn’t appear to move much in our night sky, but nor is it anyone near as bright and easy to see as dazzling Venus. What happens this week is mostly about Venus moving quickly through our night sky to visually “catch-up” on Uranus. Here’s everything you need to know to see this week’s rare conjunction of Venus and Uranus: MORE FROM FORBES See the Hubble Telescope's Jaw-Dropping New Portraits Of Jupiter And Uranus By Jamie Carter When is the conjunction of Venus and Uranus? The conjunction of … [Read more...] about How, When And Where To See A Rare Conjunction Of Venus And Uranus After Sunset This Week
House panel’s latest contempt order vs cold storage facility execs lifted
MANILA, Philippines — The contempt order against officials of a cold storage facility, issued by a House of Representatives panel doing a probe on smuggling and hoarding of onions, has been lifted after necessary documents have been secured, according to Quezon 1st District Rep. Mark Enverga. Enverga, chair of the House Committee on agriculture and food, said in a statement sent to reporters on Tuesday that they have lifted the contempt order against Michael King Ang and George Ong, incorporator and operations manager of Super Five Cold Storage. “The committee on Agriculture and food, having received the required documents and assured willingness to cooperate in the succeeding hearings, unanimously acted on the lifting of the Contempt order of Mr. Michael King Ang and Mr. George Ong,” Enverga said. Ang and Ong were cited in contempt during the March 21 hearing after Quezon 2nd District Rep. David Suarez made the motion based on the two resource persons’ answers to Marikina 2nd … [Read more...] about House panel’s latest contempt order vs cold storage facility execs lifted
Kakao has big plans for SM, promises ‘amicable’ acquisition
Kakao CEO Hong Eun-taek [NEWS1] Kakao aims to leverage its tech expertise to jump on the K-pop "IP" bandwagon as it is now the largest shareholder of the showbiz agency behind NCT and aespa. "The two parties will develop synergy by combining IT from Kakao and Kakao Entertainment and global intellectual property from SM Entertainment," Kakao CEO Hong Eun-taek said Tuesday. Kakao added music and content production to its agenda-item discussions during the general shareholder meeting held at the company's Jeju headquarters. Hong promised to complete the acquisition of SM “quickly and amicably.” According to Kakao, SM Entertainment will be a consolidated subsidiary. Kakao succeeded in acquiring a total of 39.87 percent of SM Entertainment in its tender offer for shares at 150,000 won ($115.52) apiece to become the largest shareholder of the K-pop powerhouse. Kakao has 20.76 percent of the company and Kakao Entertainment 19.11 percent, according to the public disclosure … [Read more...] about Kakao has big plans for SM, promises ‘amicable’ acquisition
Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th
Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th
China’s Xi speaks with Saudi crown prince, supports Saudi-Iran talks
Saudi Crown Prince Mohammed Bin Salman meets with Chinese President Xi Jinping in Riyadh, Saudi Arabia December 8, 2022. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS BEIJING — China’s President Xi Jinping spoke by phone with Saudi Crown Prince Mohammed bin Salman Al Saud, discussing a wide range of subjects including supporting follow-up talks between Saudi Arabia and Iran, state media CCTV reported on Tuesday. Xi recently helped broker a surprise deal between Iran and Saudi Arabia, Middle East rivals, earlier this month to restore diplomatic ties, in a display of China’s growing influence in the region which is being warily watched by the United States. Prince Mohammed, who is also the kingdom’s prime minister, voiced appreciation for China’s initiative to support “efforts to develop good neighborliness” between Sunni Muslim Saudi Arabia and Shi’ite Iran, Saudi state news agency SPA said. The two leaders stressed the importance of strategic ties between … [Read more...] about China’s Xi speaks with Saudi crown prince, supports Saudi-Iran talks
Oatmilk Cream Liqueur Challenges The Category
Share to Twitter Share to Linkedin Kevin Burke and Paul Earle set out to create their own alcohol brand, but they knew that for an unknown brand to work, it had to disrupt a category. “My background is beverage innovation, and I worked for Coca-Cola and Beam Suntory, and Paul is a professor at Northwestern, and the two of us asked where can we disrupt a category or what opportunities are out there?” Burke says. “Two things jumped out at us: the rise of dairy-free milks and cream liqueurs, and we realized that no one’s really tried to re-invent that category.” Thus, Dottie May’s Oatmilk Cream Liqueur was born in fall of 2021. Today, they’ve expanded from a handful of bars and liquor stores in the Chicago area to distribution in the entire state of Illinois, as well as Wisconsin and Colorado, as well as shipping through e-commerce to more than 30 different states, with plans for distribution expansion to more states this year. “Illinois, Wisconsin and … [Read more...] about Oatmilk Cream Liqueur Challenges The Category