Author: Charlotte

Some people take as an article of faith that “free markets” are a magic elixir that make society prosperous and fair. Certainly, economies based on principles of capitalism and allowing markets freely to direct choice making have generally outperformed economies based upon other principles. But, as in all things, there are no panaceas. Free markets are no exception. “A free market usually does not produce the optimal quantity of goods with externalities present.” This is from Microeconomics, 3rd ed., Goolsbee, Levitt, and Syverson, a popular college economics text. The authors continue to say externalities are a pernicious form of market…

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He said that if China wants the yuan to stay competitive, it needs the technology to match. Stablecoin NewsCircle CEO Jeremy Allaire said Thursday that a yuan-backed stablecoin represents a major untapped opportunity for China. He made the comments in an interview with Reuters in Hong Kong. Allaire said China could launch such a token within three to five years.Allaire framed stablecoins as a new channel through which national currencies compete for global relevance. He said that if China wants the yuan to stay competitive, it needs the technology to match. “This is becoming a technological competition,” he told Reuters.China’s…

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Not for distribution to United States newswire services or for dissemination in the United States TORONTO, April 16, 2026–(BUSINESS WIRE)–PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2026 April cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on April 22, 2026, will receive per-unit cash distribution payable on or about April 30, 2026. Details of the per-unit cash distribution amount are as follows: Fund Name Ticker Cash Distribution per Unit PIMCO Monthly Income Fund (Canada) PMIF $0.08023 PIMCO…

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The OCC issued the Order Terminating the Consent Order on March 30 and announced it in a Thursday (April 16) press release. The regulator said in its March 30 order that “the OCC believes that the safety and soundness of the Bank and its compliance with laws and regulations does not require the continued existence of the Order.” JPMorgan Chase did not immediately reply to PYMNTS’ request for comment. When announcing the consent order in March 2024, the OCC said in a press release that it found that JPMorgan Chase Bank operated with gaps in trading venue coverage and without…

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North West carried on her bold style in typical fashion as she shared a look at her new custom-made grillz on TikTok this week after sparking outrage with her ‘risky’ finger piercings.Wearing a skull T-shirt and studded boots, the 12-year-old daughter of Kim Kardashian and Kanye West brandished a gleaming set of decorative dental jewelry that covered her bottom and top teeth.The fashion piece featured 20 14k white gold caps and was created for North by Gabby Elan Jewelry, per People.The New York jeweler made three different sets for the tween and posted a clip on Instagram showing their handiwork.…

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Public Prosecution in Kuwait announces a new timeframe for court judgment implementation. KUWAIT CITY, April 16: The Criminal Court sentenced members of a gang involved in cryptocurrency and gold trading fraud to 10 years in prison and fined them KD157,000 — the amount they stole from the victim. Case details indicate that the defendants lured a retired citizen through a fake advertisement promising quick profits from investing in cryptocurrencies and gold. This prompted the victim to borrow money, hoping for a substantial return. However, after transferring the funds, he discovered he was swindled. The defendants took the money without a…

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The Community Development and Applied Economics (CDAE) Department proudly recognized the achievements of its graduating seniors at the inaugural Thomas F. Patterson Honors Day, held on April 10, 2026, at the Alumni House. This newly named celebration honors the legacy of Thomas F. Patterson while highlighting the academic excellence, leadership, and community impact of CDAE’s Class of 2026.“This inaugural Honors Day reflects the values that Tom Patterson championed: academic rigor, community engagement, and a deep commitment to students,” said Dr. David Conner, CDAE professor. “It’s especially meaningful to celebrate a new generation of graduates who carry those values forward in…

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Vancouver, British Columbia–(Newsfile Corp. – April 16, 2026) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) (“Silver Elephant” or the “Company”) announces the disposition of an aggregate of 750,946 common shares of Oracle Commodity Holding Corp. (TSXV: ORCL) (“Oracle”), completed on April 6 and April 7, 2026 (“Common Shares”). The Common Shares were sold through the facilities of the TSX Venture Exchange at $0.04 per Common Share for total consideration of $30,037.84 (the “Transaction”).Prior to the Transaction, the Company owned 12,200,110 Common Shares, representing approximately 10.13% of the issued and outstanding common shares on an undiluted basis. The…

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