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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (184979)3/8/2022 8:48:32 AM
From: Pogeu Mahone  Respond to of 217576
 
Bird flu spreads on U.S. poultry farms



March 7, 2022, 1:52 PM





(Reuters) - The U.S. Department of Agriculture reported outbreaks of a highly lethal type of bird flu in commercial flocks in Maryland and South Dakota over the weekend, adding to concerns that wild birds are spreading the disease across the country.

Farmers are ordered to kill their flocks after the disease is detected, and importing countries including Mexico, China and Korea have imposed state-specific import restrictions in response.

The bird flu outbreak is the worst since 2015, when nearly 50 million birds, mostly turkeys and egg-laying chickens in the U.S. Midwest, were killed. It comes at a time when food prices are skyrocketing due to labor shortages, supply-chain problems and the Russian invasion of Ukraine, a key wheat and corn exporter.

The disease is already widespread in Europe and affecting Africa, Asia and Canada. The United States is the world's largest producer and second-largest exporter of poultry meat, according to the U.S. government.

USDA reported the H5N1 strain in wild birds in the Carolinas earlier this year. The strain can be passed on to humans, though U.S. officials said there is a low risk to people.

Below are other outbreaks reported by USDA to date.

MISSOURI: USDA reported an outbreak of a highly lethal type of bird flu in a commercial flock of chickens being raised for meat in Stoddard County, Missouri, on March 4.

The outbreak was confirmed as the H5N1 strain of avian flu in a flock of about 240,000 broiler chickens in the southeastern Missouri county, the USDA's Animal and Plant Health Inspection Service said. [L2N2V71W3]

IOWA: Iowa reported a highly lethal form of bird flu in a backyard poultry flock of 42 chickens on March 2, expanding a U.S. outbreak of the disease to the top egg-producing state. In 2015, Iowa was at the center of the biggest-ever U.S. outbreak of avian flu.

DELAWARE: A commercial poultry farm with 1.2 million birds was hit by highly lethal bird flu on Feb. 23, significantly expanding the number of birds impacted in the United States.

KENTUCKY: A flock of about 240,000 chickens owned by Tyson Foods Inc in Kentucky tested positive for a highly lethal form of bird flu, government officials and the company said on Feb. 14.

Testing confirmed a highly lethal form of bird flu in a 53,286-bird commercial turkey flock in Kentucky, the state said on Feb. 16, expanding outbreaks in the U.S. poultry sector.

INDIANA: USDA reported an outbreak of highly pathogenic avian flu in an Indiana turkey flock on Feb. 9. The outbreak infected a flock of 29,015 birds, the nation's first case in a commercial poultry operation since 2020.


Indiana also reported a case of H5 bird flu at a commercial turkey farm on Feb. 15, impacting a flock of 26,625 turkeys. [L1N2UP1L9]

(Reporting by Christopher Walljasper and Caroline Stauffer in Chicago; Editing by Matthew Lewis)



To: TobagoJack who wrote (184979)3/8/2022 9:39:53 AM
From: Pogeu Mahone  Read Replies (1) | Respond to of 217576
 
Biden to issue executive order on cryptocurrency

By
Associated Press

March 8, 2022 12:55am
Updated

Biden to issue executive order on cryptocurrency

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WASHINGTON — President Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.

The move comes as administration officials have raised concerns in recent weeks about Russia’s use of cryptocurrency to evade the impact of crushing sanctions in response to its invasion of Ukraine. The sanctions have sent the ruble to historic lows and have closed the country’s stock market.

Two people familiar with the process said the executive order on cryptocurrency was expected to be issued this week and it had been in the works long before the war. Both people spoke on condition of anonymity to preview the order.

The order is expected to describe what government agencies, including the Treasury Department, need to do to develop policies and regulations on digital currencies. It is expected to include a request for the State Department to ensure that American cryptocurrency laws are aligned with those of US allies and will ask the Financial Stability Oversight Council — which monitors the stability of the US financial system — to study illicit finance concerns.

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The Biden administration will focus on cryptocurrency, making sure that sanctions on Russia have maximum impact.Ting ShenAdditionally, the order will explore the possibility of a new central bank digital currency. The Federal Reserve issued a paper on the topic in January that explores the risks and benefits of US-backed digital currency.

Implicit in the order will be that cryptocurrency will remain a part of the US economy for years to come. The White House’s plans to move forward with the executive order were first reported by Bloomberg News.

While US officials have played down the significance of cryptocurrency to Russia’s ability to evade sanctions, it remains a concern.

There are concerns about Russia’s use of cryptocurrency to evade the impact of crushing sanctions regarding its Ukraine invasion.Charles Krupa“We will continue to look at how the sanctions work and evaluate whether or not there are liquid leakages and we have the possibility to address them. I often hear cryptocurrency mentioned and that is a channel to be watched,” Treasury Secretary Janet Yellen said last week.

A senior administration official who spoke on condition of anonymity said the president’s national security team has already been on the lookout for the use and creation of front companies and alternative financial institutions that Moscow might try to employ to get around sanctions.

Crypto is one of several spaces that the Biden administration is looking to shore up as it tries to make certain that sanctions on Russia have maximum impact. The official said past experiences in Iran and Venezuela with sanctions evasion are informing the administration’s efforts. Additional export controls and new sanction targets are also expected to be unveiled in the days and weeks ahead to counter Russian sanction evasion efforts, the official said.

On Monday, Treasury’s Financial Crimes Enforcement Network issued an alert advising financial institutions to be “vigilant” against any efforts to evade sanctions in connection with Russia’s war in Ukraine.

“Although we have not seen widespread evasion of our sanctions using methods such as cryptocurrency, prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people,” acting Director Him Das said in a statement.

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FILED UNDER BANKS BITCOIN CRYPTOCURRENCY JOE BIDEN RUSSIA 3/8/22



To: TobagoJack who wrote (184979)3/8/2022 10:11:40 AM
From: sense  Respond to of 217576
 
I note SBSW down hard again at the open...

After big moves higher of 28 Feb and 1 March... from Mar 2 each day the open has been a big red candle... and the end of each day has seen that decline eliminated...

The red candles keep getting bigger... and bigger... forming a megaphone pattern in the volume... and in the price chart...

Fish on... and its a big one...