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Expert: Seven Reasons Why Chinese Regulators Shut Down Bitcoin Exchanges

September 17, 2017 Kevin Helms 0

Expert: Seven Reasons Why Chinese Regulators Shut Down Bitcoin ExchangesA professor at China’s Renmin University has offered his interpretation of why the regulators are shutting down Chinese bitcoin exchanges. He outlined seven key reasons. Also read: China’s Regulatory Crackdown Forces More Bitcoin Exchange Closures Professor Yang Dong is Deputy Dean of Renmin University’s Law School and Director of Renmin’s Centre for Fintech and Internet Security. […]

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The Pirate Bay Tests Cryptocurrency Miner as Alternative Revenue Stream

September 17, 2017 BitNewz.net 0

Recently a story broke on TorrentFreak outlining a test that The Pirate Bay ran for a short period of time. The Pirate Bay team is looking to see if skimming the computational resources of site visitors is a better way to raise revenue than displaying advertisements. Some users are not happy about this, but I see it as an interesting opportunity. Mining Instead of Advertising Users who visited the Pirate Bay’s site on September 16th may have noticed a spike in their CPU usage. Only certain pages would spike the CPU, and some users decided to look into what was going

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Long-Term Mortgage Delinquencies Seriously Under-Reported

September 17, 2017 Tyler Durden 0

Authored by Mike Shedlock via MishTalk.com,
Keith Jurow, a real estate analyst and author of the Capital Preservation Real Estate Report, pinged me a few days ago with his analysis that suggests long-term mortgage delinquencies are seriously under…

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Rejuvenated Berlusconi lays out vote platform

September 17, 2017 rbksa 0
Author: 
Reuters
Sun, 2017-09-17 17:47
ID: 
1505666383507314300

ROME: Former Prime Minister Silvio Berlusconi, marking a formal return to Italy’s political stage, laid out his policy priorities on Sunday for the forthcoming election, portraying himself as a pro-European moderate.
Speaking at a meeting of his Forza Italia (Go Italy) party, Berlusconi said he wanted to lead the group into the national ballot, which is expected by next March, promising hefty tax cuts if the center-right regained power.
Subsumed by sex scandals and legal woes, Berlusconi largely vanished from politics after being ousted from power in 2011.
But he has emerged from the shadows this year and Forza Italia, with its traditional rightist allies the Northern League and Brothers of Italy, have combined backing of some 35 percent, according to polls, making them the largest single bloc.
“We predict a great victory for the center-right,” said Berlusconi, 81, looking thin and fit during a speech near Rome that effectively launched the Forza Italia election campaign.
While his allies have repeatedly denounced the European Union, Berlusconi said he wanted more Europe, not less, calling for common defense, foreign, industrial and fiscal policies.
“I do not think we can leave the euro,” he said, further underscoring how the anti-euro rhetoric once heard from many Italian parties is receding as the vote nears.
Berlusconi, who had open heart surgery last year, cannot run for office due to a 2013 tax fraud conviction. But he hopes the European Court of Human Rights overturns this ban when it reviews his case in November.
“I expect that Europe completely restores my honor… But court or no court, I promise you that I will take part in the election campaign,” said the four-times premier.
If Forza Italia won power, he said he would introduce a flat tax and eliminate inheritance tax, hike minimum pensions, offer pensions to housewives and give more to impoverished families.
Berlusconi dismissed the chances of the ruling center-left, saying the left was in retreat across Europe, and also took aim at the anti-establishment 5-Star Movement, which polls say is Italy’s largest single party, with support under 30 percent.
The 5-Star is expected to chose the 31-year-old lawmaker Luigi Di Maio as its prime ministerial candidate next weekend. Berlusconi dismissed him as a “little political meteorite” with no practical know-how.
Highlighting his own long experience in business and politics, he said he wanted to make a pact with the devil to take 20 years off his life. He joked this his tan, brown hair and slim figure showed a deal might have been struck.
He also looked to swat down the hopes of Northern League leader Matteo Salvini, who has put himself forward as the natural prime ministerial candidate for the center-right.
“We have always had respect for their ideas, but we created the center-right and we have always been the leader to put its program into action,” Berlusconi said.

Main category: 
related_nodes: 
Former Italy PM Berlusconi to stand trial in sex bribery case
Berlusconi under watch in local polls
Aging Berlusconi launches improbable comeback

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Spain’s prosecutor warns over Catalonia referendum as leaflets seized

September 17, 2017 rbksa 0
Author: 
Reuters
Sun, 2017-09-17 18:11
ID: 
1505666334837300000

BARCELONA: Spanish authorities on Sunday pursued efforts to block an independence vote in Catalonia, seizing campaign materials as the chief prosecutor said jailing the region’s top politician could not be ruled out.
The government in the northeastern region is intent on holding a referendum on Oct. 1 that will ask voters whether they support secession from Spain, a ballot Madrid has declared illegal.
In a raid on a warehouse in the province of Barcelona on Sunday, police confiscated around 1.3 million leaflets and other campaign materials promoting the vote issued by the Catalan government.
The haul was the largest in a series of similar raids, the Interior Ministry said in a statement.
Spanish prosecutors, who have ordered police to investigate any efforts to promote the plebiscite, said last week that officials engaged in any preparations for it could be charged with civil disobedience, abuse of office and misuse of public funds.
More than 700 Catalan mayors gathered in Barcelona on Saturday to affirm their support for it.
Asked if arresting regional government head Carles Puigdemont was an option if preparations continued, Spain’s chief public prosecutor said in an interview: “We could consider it because the principal objective is to stop the referendum going ahead.
“I won’t rule out completely the option of seeking jail terms… It could happen under certain circumstances,” Jose Manuel Maza was quoted as also telling Sunday’s edition of newspaper El Mundo.
The Catalan Parliament passed a law enabling the referendum early last month, but Spain’s Constitutional Court suspended it the next day.
Pro-independence activists have said they plan to distribute campaign leaflets promoting the referendum on Sunday evening in Barcelona.
Although polls show less than half of Catalonia’s 5.5 million voters support independence, most in the wealthy northeastern region want the chance to vote on the issue.

Main category: 
related_nodes: 
Spain threatens to arrest over 700 Catalan pro-referendum mayors
Spain’s Catalonia region officially sets independence vote for October 1

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Haley Warns World: Mattis Will “Take Care” Of North Korea If Diplomacy Fails

September 17, 2017 Tyler Durden 0

During an appearance CNN’s “State of the Union” Sunday morning, US Ambassador to the United Nations Nikki Haley admitted something that most of the international community – perhaps including Kim Jong Un himself – has know…

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Crypto Exchanges Are Being Closed in China, but the Production of Mining Equipment Is Gaining Momentum

September 17, 2017 Guest Author 0

The last one and a half years tendencies in cryptocurrency mining demonstrate that home farms have become completely outdated. Their profitability falls, and the equipment and electric power costs grow. Therefore analysts of the leading cryptocurrencies systems are sure that home farms amount will continue to be reduced and within one or two years even … Continue reading Crypto Exchanges Are Being Closed in China, but the Production of Mining Equipment Is Gaining Momentum

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Crypto Exchanges Are Being Closed in China, but the Production of Mining Equipment Is Gaining Momentum

September 17, 2017 BitNewz.net 0

The last one and a half years tendencies in cryptocurrency mining demonstrate that home farms have become completely outdated. Their profitability falls, and the equipment and electric power costs grow. Therefore analysts of the leading cryptocurrencies systems are sure that home farms amount will continue to be reduced and within one or two years even … Continue reading Crypto Exchanges Are Being Closed in China, but the Production of Mining Equipment Is Gaining Momentum

The post Crypto Exchanges Are Being Closed in China, but the Production of Mining Equipment Is Gaining Momentum appeared first on NEWSBTC.

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