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El Confidencial has reported that the United States Embassy in Spain is requiring its contractors to certify that they do not apply any “diversity, equity, and inclusion” policies, claiming that they violate US anti-discrimination law.

In principle this will only affect companies that also operate in the United States, and thus will primarily impact multinationals. But as companies with more than 50 employees in Spain are required to have an Equality Plan, the restriction either requires them to give up significant US government contracts or ignore Spanish law.



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El Confidencial has reported that the United States Embassy in Spain is requiring its contractors to certify that they do not apply any “diversity, equity, and inclusion” policies, claiming that they violate US anti-discrimination law.

In principle this will only affect companies that also operate in the United States, and thus will primarily impact multinationals. But as companies with more than 50 employees in Spain are required to have an Equality Plan, the restriction either requires them to give up significant US government contracts or ignore Spanish law.

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Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Ukrainian forces have since put up a strong resistance to the Russian troops amid the war that has left hundreds of Ukrainian civilians, including children, dead, according to the United Nations. Ukrainian and international officials have accused Russia of targeting civilian populations with shelling and bombardments. Oh no. There’s a certain degree of myth-making around what exactly went on, so take everything that follows lightly. Telegram was originally launched as a side project by the Durov brothers, with Nikolai handling the coding and Pavel as CEO, while both were at VK. On Feb. 27, however, he admitted from his Russian-language account that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events."
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