How Are Businesses Using Blockchain To Revolutionize Their Industries

To put it simply, it is a computerized ledger of all crypto currency transactions. It keeps growing as more recordings are added to “completed” blocks. Each block has a timestamp, a cryptographic hash of the previous one, and transaction data. Bitcoin nodes use the blockchain to distinguish between legitimate transactions and attempts to respond to previously spent currency.

Blockchain technology was invented in 2008 by Satoshi Nakamoto, a mysterious individual or group. Blockchains are distributed public ledgers where network nodes record and cryptographically validate transactions. In 2009, the cryptocurrency bitcoin was developed as a blockchain application.

There are many places where you can learn about blockchain technology. One excellent resource is cryptowhale. This website provides comprehensive information about blockchain technology and how businesses use it to revolutionize their industries.

Businesses Using Blockchain To Revolutionize Industries

Blockchain is becoming increasingly popular among businesses of all sizes and industries. Its advantages are many, including increased security, transparency, and efficiency. As a result, businesses are finding new and innovative ways to use blockchain to revolutionize their industries.

One example is the food industry. The global food supply chain is notoriously complex, with many participants involved in bringing food from farm to table. This complexity leads to a high vulnerability to contamination, spoilage, and fraud. Blockchain could help solve these problems by providing a secure and transparent record of the food supply chain. This would let consumers know where their food comes from and how it was produced. It would also help reduce the incidence of foodborne illness and fraud.

Another example is the financial industry. Blockchain has the potential to revolutionize the way financial transactions are processed. By creating a secure and tamper-proof record of all transactions, blockchain could help reduce the risk of fraud and theft. It could also speed up the settlement of transactions, making it easier for businesses to do business with each other.

Overall, blockchain has the potential to revolutionize many different industries by providing a secure and transparent record of transactions or activities. This could lead to increased efficiency and reduced fraud and corruption. As more businesses adopt blockchain technology, we can expect to see even more amazing innovations in this exciting field.

Future Of Blockchain And Its Impact On Business

A blockchain-distributed database enables safe, open, and unchangeable transactions. Businesses are already starting to apply it in various ways, and it has the potential to change several industries. Here are just a few examples of blockchain implementation:

  1. Supply Chain Management: Blockchain can track goods moving through the supply chain, from manufacturer to retailer. This allows for greater transparency and efficiency and reduces the risk of fraud or product tampering.
  2. Banking and Finance: Blockchain can streamline the banking process and reduce transaction costs. It can also be used to create digital currencies and smart contracts, which could revolutionize the banking industry.
  3. Healthcare: Blockchain can store patient data securely, streamline medical record-keeping, and reduce fraud and error. It could also be used to create a universal healthcare ID system.
  4. Retail: Blockchain can be used to create tamper-proof digital receipts, which could reduce fraud in the retail industry. It could also be used to track inventory and shipping routes.
  5. Real Estate: Blockchain can manage property titles, deeds, and other real estate documentation. It could also be used to create a global real estate database.

The potential applications of blockchain are endless, and its impact on business is only beginning to be felt. In the future, we can expect to see even more businesses adopt blockchain technology to improve efficiency and security.

Study is the first placebo-controlled, randomized clinical trial to study this — ScienceDaily


Patients who take statins to lower high cholesterol levels often complain of muscle pains, which can lead them to stop taking the highly effective medication and put them at greater risk of heart attack or stroke.

Some clinicians have recommended vitamin D supplements to ease the muscle aches of patients taking a statin, but a new study from scientists at Northwestern University, Harvard University and Stanford University shows the vitamin appears to have no substantial impact.

The study will be published Nov. 23 in JAMA Cardiology.

Although non-randomized studies have reported vitamin D to be an effective treatment for statin-associated muscle symptoms, the new study, which is the first randomized clinical trial to look at the effect of vitamin D on statin-associated muscle symptoms, was large enough to rule out any important benefits.

In the randomized, double-blind trial, 2,083 participants ingested either 2,000 units of vitamin D supplements daily or a placebo. The study found participants in both categories were equally likely to develop muscle symptoms and discontinue statin therapy.

Over 4.8 years of follow-up, statin-related muscle pain was reported by 31% of the participants assigned vitamin D and 31% assigned a placebo.

“We had high hopes that vitamin D would be effective because in our clinic and across the country, statin-associated muscle symptoms were a major reason why so many patients stopped taking their statin medication,” said senior author Dr. Neil Stone, professor of medicine in cardiology and preventive medicine at Northwestern University Feinberg School of Medicine and a Northwestern Medicine cardiologist. “So, it was very disappointing that vitamin D failed a rigorous test. Nevertheless, it’s important to avoid using ineffective treatments and instead focus on research that can provide an answer.”

Statins and vitamin D supplements are two of the most commonly used medications in American adults. About 30 to 35 million Americans are prescribed statins, and about half of the population aged 60 and older take a vitamin D supplement.

“We took advantage of a large placebo-controlled randomized trial to test whether vitamin D would reduce statin-associated muscle symptoms and help patients keep taking their statins,” said lead study author Dr. Mark Hlatky, a professor of health policy and cardiovascular medicine at Stanford. “The placebo control in the study was important because if people think vitamin D is supposed to reduce their muscle pains, they just might feel better while taking it, even if vitamin D has no specific effect.”

Trial was a sub study within a larger clinical trial

The 2,083 patients were among the larger cohort of participants in the VITamin D and Omega-3 Trial (VITAL), which randomized nearly 26,000 participants to double-blind vitamin D supplementation to determine whether it would prevent cardiovascular disease and cancer. This provided researchers a unique opportunity to test whether vitamin D reduces muscle symptoms among participants who initiated statins during the follow-up period of the larger VITAL trial. The mean age of the study participants was 67, and 51% were women.

“Randomized clinical trials are important because many very good ideas don’t work as well as we had hoped when they are put to the test,” Hlatky said. “Statistical associations do not prove a cause-and-effect relationship. Low levels of vitamin D are associated with many medical problems, but it turns out that giving people vitamin D does not generally fix those problems.”

For patients who report statin-associated muscle pains

Dr. Stone noted that sometimes the secret for understanding patients who have difficulty with statins is analyzing other medications they’re taking, determining whether or not they have associated metabolic or inflammatory conditions, counseling them on their ability to hydrate adequately and, importantly, discussing “pill anxiety.”

“For those who have difficulties with statins, a systematic appraisal by a physician with experience in dealing with these matters is still very important,” Stone said.

The idea for this sub study arose out of conversations between study co-author Dr. Pedro Gonzalez, then a resident at Northwestern Memorial Hospital, and Dr. Stone, who runs a large lipid clinic at Northwestern.

Other authors of the study include JoAnn E. Manson and the VITAL study group at Brigham and Women’s Hospital, Harvard Medical School and the Harvard T. H. Chan School of Public Health.

Getting approval for a financial loan, insurance coverage otherwise home financing are stressful


By Lydia Kibet

  • Exactly what a keen Underwriter Try
  • What a keen Underwriter Does
  • Sorts of Underwriters
  • Underwriters compared to. Representatives and Brokers

Your application needs to go through a strict process to verify that the monetary risk the firm is going to grab are well worth giving. This is where an underwriter will come in. Underwriters play the role of gatekeepers to suit your monetary qualities acceptance.

Underwriting is one of the most important services regarding the monetary world, skilled primarily when you look at the insurance policies, loan and you will investment companies. An enthusiastic underwriter evaluates debt health insurance and determines whether or not to just take their package predicated on the quantity of risk.

What’s an enthusiastic Underwriter?

An enthusiastic underwriter is an individual or group that evaluates various other party’s economy and you can assumes the risk at a fee. Constantly, an enthusiastic underwriter gets commission in the form of a paid, fee, otherwise each other a made and commission.

If you are talking about an enthusiastic underwriter, you may be probably applying for approval for the majority types of higher get in just one of multiple marketplace, eg mortgage loans, insurance coverage, fund otherwise security locations. All of the community has its own underwriters who concentrate on specific industries.

These people use the assistance to assess the degree of exposure of each applicant ahead of and if the danger. If your team identifies the risk is actually far rates, the fresh underwriter try held responsible.

Role out-of a keen Underwriter

An underwriter uses the systems to check whether or not the chance they go for about when deciding to take is definitely worth they. According to the particular economic provider you might be seeking recognition for – let’s say a loan – an enthusiastic underwriter often assess yours recommendations just like your credit score to find the superior amounts so you’re able to charges.

The latest part regarding an underwriter was risky. Considering their chance comparison, an enthusiastic underwriter has to assess an acceptable level of exposure so you’re able to see whether you be eligible for recognition or otherwise not.

Sort of Underwriters

As mentioned, for each and every industry possesses its own underwriters one to play an important role from the monetary business. It include the following items.

Insurance coverage Underwriter

Insurance rates underwriters determine and you may analyze the risks in providing acceptance for an agenda. They consider an excellent organizations risk within the guaranteeing a home, vehicle or driver or health and life insurance for individuals. After determining the dangers on it, the brand new underwriter kits an amount energized when it comes to an advanced in return for the chance drawn.

Insurance coverage underwriters are benefits which have certified studies from inside the exposure assessment. They incorporate its assistance to choose if an applicant is eligible having approval or otherwise not. When they determine an enthusiastic applicant’s qualification for the coverage, then they present the sort of rules.

To own outstanding circumstances, an enthusiastic underwriter spends automated application – a computer-made process – to find the level of exposure and whether or not an applicant try qualified to receive the policy in accordance with the insurer’s specific conditions. Insurance coverage underwriters understand the dangers and you can know how to prevent them.

Mortgage Underwriter

Mortgage loan underwriters are the typical type of underwriters, and reasonable. To acquire a house try a risky venture, even though you have a great credit rating otherwise higher earnings. A home loan underwriter can do a thorough research to decide if the chance is down.

Best that you See

A home loan underwriter could possibly get feedback your own personal information, as well as your credit history, credit score, yearly income and you will complete offers to determine your eligibility to possess mortgage mortgage approval. They will certainly as well as measure the possessions you should get.

The new underwriter next uses their exposure review to weighing certain activities of real estate loan software to determine the acceptable number of chance. Your loan underwriter ‘s the latest individual that decides whether or not otherwise perhaps not you could qualify for a mortgage.

Bonds Underwriter

Ties tend to be personal carries and you can personal debt securities, including bonds, which are tradable economic tools that provides control rights to people. Ties underwriters regulate the brand new issuance and you can distribution regarding ties. They often times manage initial social offerings to check the chance and determine a fair price to have particular ties. The fresh underwriting techniques is frequently performed with respect to a possible trader, usually an investment financial.

A financial investment financial buys (underwrites) ties provided from the providers trying IPO and then deal people bonds in the market. This means the fresh issuers of your shelter can raise the fresh full quantity of money they want when you find yourself making this new underwriters good advanced in exchange for their service. Underwriting securities, not, occurs that have dangers – as an example, the newest funding bank is likely for the difference in the first valuation and also the actual rates.

Financing Underwriter

Financial underwriting is one of prominent particular financing underwriting, in which an underwriter analyzes your financial updates to decide if or not you qualify for loan recognition. Included in the acceptance procedure, banks have a tendency to make use of the mortgage underwriter’s human investigations and you can automatic software with her to evaluate the risk of lending.

The loan underwriting processes just assesses the creditworthiness plus the ability to pay off the mortgage but whether your meet all of the conditions of financing system. A loan underwriter fundamentally approves or rejects a loan.

Difference in Underwriters, Representatives and Agents

There can be usually an agent or representative with regards to monetary products. Underwriters will often have the last say, plus they are the ones to decide whether or not you will get recognition or not. Likewise, agencies and you can brokers act as salespersons. They promote products to people and you can enterprises – however, just with new underwriter’s consent.

Latest Get

If you find yourself trying to recognition getting an economic provider, be it home financing, financing or insurance, then you may need an underwriter. An enthusiastic underwriter often determine your current finances to determine the acceptable level of chance according to research by the organizations certain standards. Getting what things to avoid better, talk about the underwriting techniques along with your broker, agent or company to higher comprehend the techniques.

All of our inside the-house look cluster and on-site financial experts interact to make blogs which is perfect, unbiased, or more thus far. We truth-examine every single figure, quote and you can reality playing with leading number one info to ensure this new recommendations we provide is correct. You can discover a lot more about GOBankingRates’ process and you may requirements inside our article plan.

Why We Love A Violent Sridevi In Mom But Criticise A Violent Alia In Darlings


The silver screen is replete with depictions of male rage and men engaging in violence, but when women engage in violence, even when it is reactionary violence, it doesn’t sit right with us. We allow mothers (as portrayed in Sridevi’s Mom and Raveena Tandon’s Maatr) to avenge their daughters and resort to violence when all else fails, but when the abuser is an intimate partner, the rules appear to be different.

Depictions of female rage on screen garner mixed reactions. We root for protagonists and films we agree with like Mom or Maatr, but there are also films like Darlings which drew flak for its depictions of reactionary violence.

Which women are allowed to fight back?

This begs the question, which women on screen are allowed to fight back and why do we root for some of these characters while refusing to see where others come from?


Darlings was met with the unwarranted outrage that Mom and Maatr escaped because Darlings portrayed a wife resorting to reactionary violence against a long-abusive husband. Many dubbed the movie feminist propaganda (whatever that might be) and suggested that Alia Bhatt’s Badru and her on-screen husband Hamza were engaging in ‘mutual abuse’.

Mutual abuse is a misleading term because no such thing actually exists. Victims of abuse who engage in violence against their abuser are reacting to the abuse they are faced with, the nature of such violence is reactionary, not mutual. Both partners in such cases cannot be deemed mutually abusive or equally abusive, the abused partner is merely retaliating to the abuse they are being subjected to by the abusive partner. The abusive partner, who initiated the abuse, is the primary aggressor with power dynamics in their favour. The response to such abuse, even when it is violent, doesn’t make a relationship mutually abusive.

It isn’t just depictions of retaliatory female violence against intimate partners which audiences seem to take issue with, it’s female characters taking a stand against intimate partner abuse that seems to cause outrage. Taapsee Pannu’s 2020 release, Thappad, depicted no reactionary violence, just a character who decides to leave her husband after he hits her. And even Thappad garnered outrage and was accused of normalizing a line of thought that is harmful to the Indian family unit.

While the 2022 release, Ammu, wasn’t met with similar outrage, the film, however, didn’t do well at the box office. It’s also worth noting that Ammu doesn’t depict any reactionary violence, but it does portray the titular character taking a stand against her abusive husband.  But films like Ammu are the exception, not the norm.

We cheer men who fight for a woman or women who fight for ‘honour’

Alternatively, Pink fared better than Thappad and Ammu because Pink sees a man (Amitabh Bachchan as a lawyer) defend a woman. Although, Pink too was dubbed feminist propaganda by many online. But we cheer on men who fight for women, but when women take charge, we object to it.

What’s ironic is that off-screen we expect women to fight back against abuse and question the truth of their abuse allegations if they don’t. We blame domestic violence survivors for staying in their abusive marriages for as long as they did, completely missing the socio-economic and cultural contexts of their decisions. We question the truthfulness of sexual violence allegations if a victim can’t prove they fought back, In reality, we expect women to fight back and take a stand, but when women do so on screen, it isn’t palatable to our sensibilities if it doesn’t align exactly with our narrow idea of what taking a stand and fighting back should look like for a woman.

Darlings was met with flak that other movies of similar nature weren’t because we expect wives to endure abuse and even if they fight back, we expect it to be in limited ways, and without the involvement of any reactionary abuse. Mothers fighting back for their child, on the other hand, are glorified because it is seen as a mother’s duty to so. And men fighting for women on-screen are heralded because for men to do the right thing is still considered applause-worthy.

The 90s and 2000s were full of the trope of the man avenging someone he loves and being heralded as a hero. Films like Damini and Garv are depictions of this trope. But a majority of these films used violence against women as a plot device to further the story of the male characters. Also, these male characters often resorted to violence not for the sake of the woman but for the sake of family honour or their pride.

It’s time we stop expecting women to be silent witnesses to their dehumanization. Films like Ammu, Thappad, or Darlings are rare in the Indian film landscape, but the fact they exist is a step in the right direction. These films attempt to normalize the wife beyond the quiet, suffering wives of times past, they give their female characters autonomy, something that is long overdue in Indian films. Our patriarchal notion of the silent, complicit, helpless wife is challenged every time a woman on-screen decides to fight back against intimate partner abuse.

Art is a powerful medium and films have the ability to normalize things, perhaps this is why we are so outraged by women who refuse to stay silent or refuse to take the high ground. We are threatened when women on-screen take back their agency because it indicates at the possibility that women might do so off-screen as well.


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Todd Chrisley Accused of Forcing Ex-Daughter-in-Law to Lie Under Oath to Save His Skin

The disgraced reality star is sentenced to 12 years in prison, while his wife Julie Chrisley is sentenced to 7 years after they’re found guilty of bank fraud and tax evasion.

AceShowbizTodd Chrisley might be desperate to save his name. The disgraced reality TV star, who’s sentenced to 12 years behind bars and 16 months of probation in bank fraud and tax evasion case, has been accused of forcing his former daughter-in-law Alexus Whilby to lie under oath just “to save his skin.”

Speaking to Daily Mail, Alexus claimed that Todd once pressured her to tell lies to the court. “During the time when [Kyle Chrisley] and I were still married, Todd had his attorneys come to my place of business, to my home, and threaten legal action, trying to pressure me to sign this legal document saying I was not an official informant, all in a bid to find out if I was,” Alexus told the outlet.

“He was trying to put me in the light of being the one who had done the damage [to him and Julie Chrisley]. He was trying to smoke me out and then have me change everything around. Lie for him,” Alexus continued. “That’s what it was about, that’s what he wanted us to do.”

Alexus further noted that she ignored Todd’s request. “I could see how that pressure could make you fold, but I stood on, ‘No, I’m not going to do it.’ I stood up for what was right, and he came for me big time,” she shared.

Alexus was married to Kyle, Chrisley’s oldest son from his first marriage, for six years and enmeshed in the family for much longer. Reacting to her former father-in-law’s prison sentence, she admitted that she feels nothing but relief.

“I always knew that justice would one day prevail after years of being silent,” Alexus confessed. “Finally, through the legal system, and a very long time coming, 12 jurors were able to uncover the real Todd Chrisley, the one I have encountered for years.”

Alexus added, “There were a lot of victims that they silenced [over the years] and even the prosecution noted when [Todd and Julie] used the tactic of trying to bring in family members to corroborate their stories and risk perjury, the word perjury was actually used by the prosecution.”

Todd, along with his wife Julie, was sentenced to multiple years in prison on Monday, November 21. Judge Eleanor Ross sentenced Todd to 12 years in prison, while Julie was sentenced to 7 years. The couple will reportedly have to serve 16 months of probation.

The sentencing also hugely affected their TV shows. It’s reported that “Chrisley Knows Best” and its spin-off “Growing Up Chrisley” were all canceled. The family also lost their third TV show, “Love Limo“.

Following the sentencing, Todd, Chrisley and their family are reportedly “inconsolable.” It’s said that the “entire family was in complete shock, and they still are.” An insider told earlier this week,” When they first learned the sentence, they were all hysterical and there was lots of crying from everyone. No one could believe that this was the outcome.”

Six Reasons Why LONGER Is the Best 3D Printing Companion for Hobbyists

The 3D printing industry has grown immensely over the years, and has in turn, boosted other industries, such as food, health and vehicle manufacturing. You can also get 3D printers for hobbyists, who make various crafts using the printers at home.

As a hobbyist into 3D printing, you need a reliable companion that will provide you with high-quality equipment. LONGER is such a firm, based in Longgang District, Shenzhen, China. 

The following are reasons why you should rely on this company for your 3D printer needs.

  1. It Is a Legitimate Company

When looking for a suitable company to buy various items, you should ensure that it is legitimate. LONGER is a credible company with an existing physical address and over 100 employees. Additionally, it has branches in different parts of the globe. 

Another hint of its legitimacy is the various awards it has to its name, such as being named one of the top Chinese high-tech companies worldwide. Do not be afraid to deal with LONGER as it assures you of your funds’ safety, same to your personal info.

  1. A Vast Product Catalog

LONGER has a diverse product catalog, containing different types of 3D printers, laser engravers and their associated accessories. Under the 3D printer category, you have resin and FDM printers. Under resin, you can go for the Orange 4K, or Orange 30, and more. You got the LONGER LK4 X, LK1, LK4 PRO and more under the FDM category.  

LONGER laser engravers include the RAY5 5W and 10W. The engravers need you to install the MKSLaser app on your smartphone to turn it to a remote control. 

  1. The Discounts and Offers

Price is a crucial factor to consider when picking an ideal company to buy 3D printers from. Most 3D printers and accessories are expensive, which is why LONGER comes to your aid. It eases your financial burden courtesy of impressive offers and discounts.

You can start by raking in the email subscription offer, where you get $20 off for purchases above $300. Also, you can gift your loved ones by sending them a link, where they get a 5% price cut for their initial purchases.

  1. Fast Shipping

Waiting for your item to arrive home is one of the most trying moments. LONGER delivers fast, with shipping times of 3-15 days, though it may be longer, up to 20 days for Asian deliveries. You may or may not have to pay shipping fee, depending on your destination. Please refer to the shipping policy for more info.

  1. A Friendly Returns Policy

Another reason to shop with LONGER is its friendly returns and warranty policies. You have a 7-day refunds and 30-day exchange window. Past this timeframe, a 12-month warranty with quick response covers you.

  1. The Affiliate Program

LONGER has an affiliate program that you can sign up for to earn extra income. If accepted you must share product links to friends and associates. You earn a commission if your referrals purchase a product.

Dillian Whyte Thinks Joshua Might Be Scared Off If He Stops Franklin In 2 Rounds

Whyte (28-3, 19 KOs) isn’t banking on a fight with Joshua happening next if he’s victorious against the unbeaten Franklin (21-0, 14 KOs) in their headliner on DAZN.

With the way Whyte is slurring his words, it’s not likely that he’s going to score a fast knockout of Franklin. Dillian might win, but it probably won’t be by a first or second round knockout over his hand-picked opponent.

If Whyte wins, he says he’ll look to take the best possible opponent, be it Joshua, Tyson Fury, Oleksandr Usyk, or Deontay Wilder.

It’s unlikely Whyte will get a world title shot against WBC heavyweight champion Fury or IBF, WBA & WBO champ Usyk off the back of a victory over the little-known Franklin because he’s not ranked high enough, and he’s not viewed as one of the top contenders.

Franklin is being brought in to give Whyte a tune-up/confidence builder after his knockout loss to Fury.

For Dillian to get a title shot against Fury or Usyk, he would need to beat one of the elite contenders, and he’s chosen not to fight one of the more dangerous guys in the division.

If Franklin wins, Whyte’s career will be as good as over. Yeah, he can stick around and slip into the Derek Chisora type of journeyman roll and maybe get a sympathy fight against Fury, but he won’t get a title shot against a champion if he’s forced to earn it by beating a top contender.

“I just didn’t perform up to my ability, and that was one of those nights for me,” said Dillian Whyte to iFL TV about his loss to WBC heavyweight champion Tyson Fury last April.

“He’s undefeated, he’s got a bit of a ranking, and he’s the one that was talking the most s**t,” said Whyte when asked why he chose Jermaine Franklin rather than another contender to fight.

“None of those other guys were willing to step up, and he stepped up. It’s a credit to him. I respect him for doing that, and he’s dangerous. he’s an undefeated heavyweight. He’s very dangerous, and he believes he can beat me.

“I don’t know if he genuinely believes it, but he’s saying it, and his coach [Jesse Addison] is saying that they’re going to kill me and destroy me. I don’t know. He was saying some wild stuff.

“I had to smack one of his guys. He [Franklin] wasn’t saying s**t, but his guys were doing a lot of talking. Dmitry [Salita] and Jesse bozo [Addison], whatever his name is. He was talking s**t, but Jesse was too far. So I smacked the closest one to me, which was [the promoter] Dmitry.

“But Jermain Franklin is a punk. He didn’t do s**t. If I was with Eddie [Hearn] and someone smacked him, I’m talking about a guy that I was fighting; I would defend him. I would back him.

“He was talking s**t. I smacked him,” said Whyte when he was asked if he hit him first. “I slapped him. I didn’t push him. I slapped him [Salita], and his little hat [Kippah] went flying. I felt bad because I didn’t want to disrespect his religion and his little hat went flying.

“These guys have to remember that I’m cool; I’m relaxed. I treat everyone with love and respect, and prosperity. I don’t mind. If you have something to say, say it to my face. Don’t hide it in the background.

“I said, ‘Shut the f**k up, man,’ and I smacked the s**t out of him. He got smacked like my b**ch. His cheeks felt like someone’s a** cheeks. His cheeks made a sound. He deserved it because he’s been talking s**t since Wallin. He was always talking s**t.

“Do you know what he said to me yesterday? He came up to me randomly. I don’t even know the guy. He said, ‘Do you know I am? Do you know what my name is?’ I said, ‘Get the f**k out of here. I don’t know who you are, mother f***er.’

“I really didn’t know who he was. I said, ‘Get the f**k out of here. I don’t know who you are b**ch a**,’ and he said, ‘I’m Dmitry Salita.’ I said, ‘Why are you telling me? Have a nice day,’ and then I walked off.

“So I think he got a little offended from that because I didn’t know who he was. He just looked kind of like a Jewish guy to me. I thought it was a rich Jewish guy that came to give me some money.

“He said, ‘I’m Dmitry Salita,’ and I said, ‘Get the f**k out of here.’ Dmitry Salita is an a**hole. When the Otto Wallin fight got made, he went and bought a brand new Bentley.

“Then the money didn’t come in, and he was p**ssed. Seriously, he went and bought a brand-new Bentley, and the money didn’t come in. He’s thinking, ‘F**k Dillian Whyte.’

“I was like, ‘Bro, relax. I got injured. What am I going to do? Go into the fight with an injury?’ These guys are wild. Before the Wallin fight, me and Fury was never going to happen.

“The Fury fight was a quick turn around. It came out of nowhere, literally. I had to start training quick. The Fury fight came out of nowhere. I get paid to fight. Why am I going to turn down a fight when I get more money,” said Whyte when told that the perception is that he wasn’t injured when he pulled out of the Otto Wallin fight to take a fight with Fury instead.

“Then I got time to fight, rest and then go again. All these guys just talk s**t. I just learn to ignore it. I’ve learned to focus on one fight at a time,”  said Whyte when asked about him potentially getting a fight against Anthony Joshua next.

“This is heavyweight boxing. I might beat Franklin, and the Joshua fight won’t be until six months off. I’m not going to wait around for that. Joshua might have an easier option for a comeback fight.

“I might knock Franklin out in the first two rounds, and Joshua might think, ‘I don’t fancy that. I might need a warm-up fight first.’ Not everyone has the same mindset. I’ll fight anyone. I put a risk every time,” said Whyte

If it were true that Whyte would fight “anyone,” as he says, he could have picked a much better fighter than Franklin. This is a guy that Whyte has hand-picked because he believes he can beat him. Whyte could have selected someone like Frank Sanchez, Daniel Dubois, Filip Hrgovic, or Joe Joyce, but he wanted Franklin. Do you get the picture?

“I’m not worried about that. I’m worried about Franklin, and then we’ll see what happens after that. What I’ve learned is don’t bank on what’s promised. Bank on what you sign, what you negotiate, and what you get.

“Anyone in the top 10. I want to fight the best guys, and that’s it. If it’s Joshua, it’s Joshua. If it’s Wilder, it’s Wilder. If it’s Fury, it’s Fury. If it’s Usyk, it’s Usyk.

“Eddie Hearn never delivered me Wilder until this day. I don’t think he’s going to deliver him anytime soon because he’s never delivered him until this day. So I don’t think he’s going to deliver him anytime soon.

“Good business for them, bad business for me,” said Dillian about his loss to Tyson. “No regrets. I had my moments in the fight. Look at the scorecards. I had my moments in the fight. It was always going to be a hard fight. I still believe I can beat him when I have a chance for a rematch.

“I got hit with a good punch. He pushed me over as well, and I twisted my ankle. I snapped two tendons in my foot. I can still fight for a heavyweight title.

“On Saturday night, it’s another chapter in my career. I’m someone that’s eager to learn, willing to learn,” said Whyte.


Sri Lanka central bank holds rates steady, says mkt interest rates must fall

Sri Lanka cenbank holds rates steady as expected amid slowing inflation By Reuters

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Economy 8 minutes ago (Nov 23, 2022 09:31PM ET)

(C) Reuters. FILE PHOTO: People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte

COLOMBO (Reuters) – Sri Lanka’s central bank held rates on Thursday, adding it expects a moderation in market interest rates in line with the prevailing policy interest rates.

The Standing Lending Facility rate was held steady at 15.50% while the Standing Deposit Facility Rate was kept unchanged at 14.50%.

“The Board was of the view that the prevailing tight monetary policy stance is necessary to rein in any underlying demand pressures in the economy,” the central banks said in a statement.

Sri Lanka cenbank holds rates steady as expected amid slowing inflation

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BRASILIA (Reuters) -The head of Brazil’s electoral court Alexandre de Moraes on Wednesday rejected a complaint from President Jair Bolsonaro’s allies to challenge the presidential…


S.Korean central bank hikes rates by 25 bps, slows tightening paceBy Reuters – Nov 23, 2022

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank raised interest rates by a more modest 25 basis points on Thursday, slowing the pace of policy…

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What it would mean for Tesla to buy back shares


Tesla investors are begging CEO Elon Musk and the board of Tesla to consider buying back shares as the company’s stock price slumps to a two-year low. Tesla stock was trading at $183.20 after hours on Wednesday, and its market capitalization has plunged by almost $700 billion since its peak a year ago.

Musk said during Tesla’s Q3 earnings call that the company is likely to do a “meaningful buyback” next year, possibly between $5 billion and $10 billion. Last week, he said it would be “up to the Tesla board” to decide.

Buying back shares from the marketplace would reduce the number of outstanding shares available, which increases the ownership stake of current shareholders. That’s because reduced supply of shares often causes a price increase. Tesla bull and influencer Alexandra Merz recently put up a petition on to advocate for a swift buyback before the end of the year. Merz said this would allow Tesla to “benefit from a currently very unvalued stock price” and avoid the 1% excuse tax that any buybacks exceeding $1 million will be subject to by January 1, 2023.

Merz and other investors have also argued a stock buyback would be a show of confidence in Tesla’s future results and would return wealth to shareholders.

“I’m a huge Tesla fan and past stock holder but in order to preserve my capital I’ve been forced to go to the dark side,” commented one petitioner, of which there are currently 5,807. “I’ve recently began to short the stock and have earned back roughly half my loses. I believe in Tesla’s long term growth but I need to see some action from the board before going long again. A nice buy back would show confidence from the board that Tesla is still a good investment.”

Tesla’s stock has taken a hit lately for a variety of reasons, including decreasing investor confidence in Musk to run the company effectively. Many have complained that Musk is, at best, distracted by his recent purchase and takeover of Twitter, a social media platform on which the executive has lately been airing his politics even more than usual. Musk and certain members of Tesla’s board are currently in court over the CEO’s $56 billion pay package after a Tesla shareholder accused Musk of being a “part-time CEO.”

Drops in Tesla shares also followed massive stock sales by Musk who needed liquid cash to finance the $44 billion Twitter deal.

Some analysts, like Adam Jones at Morgan Stanley, worry the Twitter fiasco and Musk’s rampant tweeting could hurt consumer demand for Tesla, as well as commercial deals and government relations.

Musk’s involvement in Twitter isn’t the only reason for plunging shares. While Tesla still remains the market leader of electric vehicles in the U.S., the company is rapidly losing market share to other automakers as new models come online. In the third quarter, Tesla held 64% market share in EVs, which is down from 66% in Q2 and 75% in Q1. Ford, GM and Hyundai brands are quickly catching up as they scale production of popular EV models like the Mustang Mach-E, the Chevy Bolt and the Ioniq 5.

Tesla is also losing ground to Chinese EV makers like BYD and Wuling Motors in China, where the automaker recently slashed prices to lure buyers, receiving reportedly lackluster enthusiasm. On top of that, Beijing is now on lockdown and more restrictions have been imposed in China as coronavirus cases surge. This might not only affect Tesla’s ability to run its gigafactory in Shanghai, but further restrictions will affect China’s weakened economy further and reduce demand for luxury products like Teslas.

Then there are the back-to-back recalls that Tesla issued over the weekend — over 350,000 vehicles from U.S. customers with software glitches that disable tail lights or activate air bags during minor collisions in some cars. That’s on top of the 17 other recalls this year.

Finally, Tesla has gotten plenty of bad press this year around its advanced driver assistance systems Autopilot and “full self-driving,” or FSD, which have been tied to some fatal crashes in the worst case and in the best case have simply not performed as expected. In September, drivers filed suit against the company for falsely advertising the autonomous capabilities of its tech.

All of the above, coupled with a down market, have resulted in Tesla’s market cap going from $1.2 trillion last November to $574 billion as of Wednesday’s close.

Billionaire Leo Koguan, who says he’s the third largest individual shareholder in Tesla, has been advocating for a buyback for months. Last week he tweeted that Musk should stop selling shares and should take advantage of the “right timing” to buy back shares “before Q4.” Musk responded to the tweet saying it was “up to the Tesla board.”

In October, Koguan called on Tesla to buy back at least $5 billion worth of stock, and in the past has argued for up to $15 billion worth of buybacks, saying Tesla should use its free cashflow to fund the buyback.

As of the third quarter, Tesla has a free cash flow of $3.3 billion.

Koguan has said Tesla can still invest in FSD, its Optimus bot and new gigafactories while also buying back “undervalued stocks.”