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World’s Largest Options Exchange to Launch Bitcoin Futures, Optimistic Long-Term Indicator

October 31, 2017 Joseph Young 0

CME Group, the US-based financial market company operating the world’s largest options and futures exchange, has officially announced its plans to launch bitcoin futures by the end of 2017. In a corporate statement, CME revealed that its bitcoin …

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World’s Largest Options Exchange to Launch Bitcoin Futures, Optimistic Long-Term Indicator

October 31, 2017 BitNewz.net 0

CME Group, the US-based financial market company operating the world’s largest options and futures exchange, has officially announced its plans to launch bitcoin futures by the end of 2017. In a corporate statement, CME revealed that its bitcoin …

The post World’s Largest Options Exchange to Launch Bitcoin Futures, Optimistic Long-Term Indicator appeared first on Forex news forex trade.

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Trump Calls On Podesta Bros To “Drain The Swamp” By Revealing “Earth Shattering” Dirt On Dems

October 31, 2017 Tyler Durden 0

As the mainstream media circus ran wild with the Paul Manafort indictment yesterday, Trump, who repeatedly dismissed the charges as being unrelated to his campaign, has just tweeted that the biggest story revealed yesterday, a story which was largely ignored by the “fake news”, was Tony Posesta’s sudden resignation from the powerful lobbying group that bears his name.

Meanwhile, Trump also seemingly called on the Podesta brothers to “Drain the Swamp” by dishing whatever “earth shattering” dirt they have on Democrats to Special Counsel Mueller.

“The biggest story yesterday, the one that has the Dems in a dither, is Podesta running from his firm. What he know about Crooked Dems is earth shattering. He and his brother could Drain The Swamp, which
would be yet another campaign promise fulfilled. Fake News weak!”

The biggest story yesterday, the one that has the Dems in a dither, is Podesta running from his firm. What he know about Crooked Dems is….

— Donald J. Trump (@realDonaldTrump) October 31, 2017

….earth shattering. He and his brother could Drain The Swamp, which would be yet another campaign promise fulfilled. Fake News weak!

— Donald J. Trump (@realDonaldTrump) October 31, 2017

 

Of course, as we noted yesterday, the founder of the Podesta Group, Tony Podesta, stepped down from his own lobbying shop after coming under investigation by Special Prosecutor Robert Mueller.

Meanwhile, even though the Podesta / Manafort news might seem unrelated, as we explained in Aug 2016, Paul Manafort – now under indictment on 12 charges – and his deputy
Rick Gates previously worked with the Podesta Group where they lobbied various U.S. senators and congressmen on behalf of various Ukranian officials.

…emails obtained by the Associated Press showed that Gates personally directed two Washington lobbying firms, Mercury LLC and the Podesta Group, between 2012 and 2014 to set up meetings between a top Ukrainian official and senators and congressmen on influential committees involving Ukrainian interests. Gates noted in the emails that the official, Ukraine’s foreign minister, did not want to use his own embassy in the United States to help coordinate the visits.

 

 

And this is where the plot thickens, because while the bulk of the press has so far spun the entire Ukraine lobbying scandal, which led to Manafort’s resignation, as the latest “proof” that pro-Moscow powers were influencing not only Manafort but the Trump campaign in general (who some democrats have even painted of being a Putin agent), the reality is that a firm closely tied with the Democratic party, the Podesta Group, is just as implicated.

 

As AP further adds, the European Center for a Modern Ukraine, a Brussels-linked nonprofit entity which allegely ran the lobbying project, paid Mercury and the Podesta Group a combined $2.2 million over roughly two years. In papers filed in the U.S. Senate, Mercury and the Podesta Group listed the European nonprofit as an independent, nonpolitical client. The firms said the center stated in writing that it was not aligned with any foreign political entity.

Perhaps Podesta knows what is likely to happen next. Podesta announced his decision during a firm-wide meeting Monday morning and is alerting clients of his impending departure.

“[Tony] was very magnanimous and said, “This is an amazing group of people,” a source said of Podesta’s remarks.

 

Podesta also told staff he “doesn’t intend to go quietly, or learn how to play golf.” He said he “needs to fight this as an individual, but doesn’t want the firm to fight it.”

 

Fritts also addressed the gathering, telling staff that she is “thrilled at this opportunity” and that, “This is not about me, this is about y’all.”

 

Several other senior staff spoke about their excitement about the future of the firm. The meeting ended with a standing ovation for Podesta.

It emerged last week that Podesta is the subject of a criminal investigation led by Mueller’s team for potentially violating a federal disclosure law. That law, known as the Foreign Agents Registration Act, pertains to working on behalf of foreign governments. An NBC report found that the Podesta Group was one of several firms working on Paul Manafort’s public relations campaign for European Centre for a Modern Ukraine, which the Podesta Group claims it thought was a nonpartisan think tank, something which this site reported first last August.

It goes without saying, that Podesta’s brother, John, is arguably one of the top figures in Democratic politics, serving most recently as chief of staff in the Bill Clinton White House and also as the chairman of Hillary Clinton’s 2016 presidential campaign.

What happens next to Tony (and perhaps his brother John) is to be determined, but one thing is clear: both sides of the swamp should probably control themselves in any premature celebrations as this appears to be far from over….

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Mylan Shares Tumble On Generic Drugs Collusion Probe

October 31, 2017 Tyler Durden 0

Mylan’s second-highest-ranking executive, Rajiv Mailk, is the target of a civil investigation by dozens of states conducting in a widespread, multiyear probe into alleged price collusion by makers of generic drugs.  

As Bloomberg reports, state attorneys general said they’re seeking to sue Rajiv Malik, Mylan’s president and executive director, as part of an expanded complaint against pharmaceutical companies from 45 states and the District of Columbia, according to a statement by Connecticut Attorney General George Jepsen.

Malik would be the first senior executive from a major drugmaker sued in the case.

 

“These conspiracies were part of a much broader, overarching industry code of conduct that enabled the defendant manufacturers to divvy up the market for specific generic drugs in accordance with an established, agreed-upon understanding for assigning each competitor their share of the market,” Jepsen said in the statement.

 

Connecticut and other states are asking a federal judge to allow them to add to their existing complaint against six drugmakers.

Mylan share price immediately feel over 7% on the news

Led by Jepsen, the civil investigation is naming executives for the first time, as well as expanding the number of drugmakers in the probe to 18 from 6, and the number of drugs to 15 from two, according to Jepsen. Previously, it had focused on an antibiotic and an oral diabetes medication, which it said executives had fixed prices on while meeting at trade shows, customer events and dinners.

The drugmakers the states are seeking to add to the lawsuit include Apotex Inc., Dr. Reddy’s Laboratories Ltd., Lannett Co., Glenmark Pharmaceuticals Ltd., Endo International Plc’s Par Pharmaceutical unit, Novartis AG’s Sandoz unit, Sun Pharmaceutical Industries Ltd. and others. Mylan and Teva Pharmaceutical Industries Ltd. were among the drugmakers named in the earlier version of the suit.

“‘We allege in this complaint that the defendant companies’ collusion was so pervasive that it essentially eliminated competition from the market for these 15 drugs in its entirety,” Jepsen said. The result, he said, was higher costs for patients and states.

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Can Hashgraph Dethrone Blockchain as the Future Backbone of Consensus Algorithms?

October 31, 2017 BitNewz.net 0

Over the past few weeks, there has been a lot of talk about a new technology known as Hashgraph. So far, a lot of people have no idea what this is, let alone why it should matter in the first place. According to the Swirlds team, Hashgraph is a new con…

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