News circulated recently that the DEA had rescheduled cannabidiol (CBD), the nonpsychoactive ingredient in cannabis, but the technicalities of the agency’s decision actually show their ruling is highly restrictive. The decision concerned a recently FDA-approved pharmaceutical version of CBD, produced by GW Pharmaceuticals. Due to the federal government’s continued prohibition of cannabis Epidiolex was prohibited from going to market unless the Read More…
Business
EU, Russia, Iran, And China Unveil New Global Payment System Independent Of US
In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, one month ago Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal Read More…
Trump To Investigate Google, Facebook Under New Executive Order: Bloomberg
According to a an early draft of an Executive Order (EO), the White House will instruct federal law enforcement and antitrust agencies to launch investigations into the business practices of Facebook, Google and other social media companies, according to Bloomberg which says it has seen the draft. While not specifically calling out companies by name, the document orders US Read More…
Apple Begins Tracking Your Calls And Emails To Assign You A ‘Trust Score’
Apple has rolled out a new policy to analyze your data and determine a “trust score” based on what it finds, Venture Beat reported this week. In an update to its privacy policy issued last week, the company warned users it would be tracking emails and calls in order to prevent fraud. “To help identify and prevent fraud, information about Read More…
US Government Spends A Record $433 Billion In One Month As Deficit Explodes
Two days ago we previewed the US budget deficit for the first 11 months of fiscal 2018, which according to CBO data, hit $895 billion, up $222 billion or 39% from the same period last year. Additionally, we noted that according to CBO calculations, the US would hit a $1 trillion deficit in calendar 2019, one year Read More…
Trump Sanctions On Iran May Already Be Backfiring As Tehran’s Oil Revenues Soar
Further oil price increases could trigger a slowdown in domestic or global economic growth, which could further complicate the U.S.’ Iran policy and Trump’s domestic political situation. TEHRAN, IRAN — Despite the Trump administration’s “maximum pressure” campaign targeting the Iranian economy, Iran’s crude oil and oil product revenues jumped a surprising 60 percent from March 21 to Read More…






