DAILY DOSE: May 12, 2021
Posted on 05/12/2021
1. U.S. GASOLINE OUTAGES, 11 AM EST.
Percent of all stations without gasoline
NC 28.2%
72% of Raleigh/Durham, stations with no gasoline
71% of Charlotte, stations with no gasoline
69% of Greenville/New Bern/Washington, stations with no gasoline
65% of Norfolk/Portsmouth/Newport, stations with no gasoline
2. U.S. Federal Reserve Vice Chairman Richard Clarida, “We were SURPRISED by higher than expected inflation data.” This quote came after the jobs report. New York Federal Reserve report shows total household debt increased by US$ 85 billion to US$ 14.64 trillion in the first quarter of 2021.
3. Block.one is a blockchain software company whose long-time backers include billionaires Peter Thiel, Alan Howard, and Louis Bacon. Block.one is launching a crypto exchange called Bullish. Bullish seeks to merge attributes of traditional bourses with the benefits of decentralized finance (defi). Bullish is being capitalized by Block.on
ST Engineering and Temasek Form Aircraft Leasing JV
swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.
NSIA Open to Outside Investors for Innovation Fund, Plans Sukuk
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Koch Family and Some Foreign Pensions Control Colonial Pipeline
Posted on 05/12/2021
Colonial Pipeline is the operator of the biggest gasoline pipeline in the U.S. Colonial Pipeline ceased operations after a ransomware attack. Gas shortages have spread from Baltimore to Florida. North Carolina has been the state hardest-hit by fuel shortages.
With gas fuel shortages plaguing the Eastern U.S. states, Colonial Pipeline reportedly has no plans to pay rumored US$ 5 million-plus ransom to hackers who have paralyzed the key gas pipeline. U.S. President Joe Biden vows to get the fuel crisis “under control” with pressure mounting on his administration to do more. “I think this is something that demands really serious federal attention. This was essentially a cyberattack on critical infrastructure in our country,” Florida Governor Ron DeSantis said to the media.