Unprecedented: China to Pay for Oil Imports With Yuan in Major Blow to Dollar

Unprecedented: China to Pay for Oil Imports With Yuan in Major Blow to Dollar

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(ZHE) Just days after Beijing officially launched  Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the challenging the Dollar’s supremacy as global reserve currency (and internationalizing the…

Rapper DMX Sentenced to One Year in Prison for Evading Theft

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(TMU Op-ed) This week, Earl Simmons, A.K.A DMX, was sentenced to a year in prison for tax fraud, a charge that he plead guilty to in November. U.S. Attorney Joon H. Kim, who is working the case, said in a statement that, “For years, Earl Simmons, the recording artist and performer known as DMX, made millions from his chart-topping…

2018-2028: The Most Dangerous Decade

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By Chris Kanthan Every 80 years, nations often experience colossal events. There are different theories about this cycle – for example, the Fourth Turning theory focuses on the cyclical strengths of institutions versus individuals. Others surmise that four generations after a major crisis, there are no more older people to warn the society, and the…

How Your Cell Phone Can Make You Unattractive and Ruin Your Relationships: Acne, Impotence, Premature Aging, Reduced Impulse Control, and More

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By B.N. Frank On March 28, Sowetan Live published their article, “Acne, infections: your cellphone could be giving you bad skin.”  The article provides all the juicy details, pun intended. Since cell phones were found to be 10 times dirtier than a toilet seat, acne and infections aren’t all that surprising since many users hold…

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