I'll never forgive the Saudis for defacing the Sacred Mosque and the Holy Kaaba in Mecca with this grotesque clock tower and the obnoxiously luxurious hotels and resorts surrounding it.
Mecca is supposed to be a place where a person turns his full attention to his Lord, where one lets go of all things worldly, where one bows humbly in prayer at his Majesty. It's not a place for 5 star hotels, Michelin-star dinners, spa resorts and designer clothing stores.
I'll never forgive the Saudis for defacing the Sacred Mosque and the Holy Kaaba in Mecca with this grotesque clock tower and the obnoxiously luxurious hotels and resorts surrounding it.
Mecca is supposed to be a place where a person turns his full attention to his Lord, where one lets go of all things worldly, where one bows humbly in prayer at his Majesty. It's not a place for 5 star hotels, Michelin-star dinners, spa resorts and designer clothing stores.
And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. The gold standard of encryption, known as end-to-end encryption, where only the sender and person who receives the message are able to see it, is available on Telegram only when the Secret Chat function is enabled. Voice and video calls are also completely encrypted. 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.
from id
