DAILY DOSE: January 6, 2021

Posted on 01/07/2022

1. Kazakhstan Protests Continue. Kazakhstan security forces in Kazakhstan killed dozens of protesters and 12 police officers died in an eruption of violence. Demonstrators stormed government buildings and set them on fire, authorities said Thursday. One police officer was found beheaded in the unrest. Around 750 law enforcement have received various injuries in the ongoing unrest, it claimed. Protestors were on the street in Almaty. Kazakhstan’s Interior Ministry said 2,000 people were arrested. Kazakhstan President Kassym-Jomart Tokayev reached out to the Russia-led Collective Security Treaty Organization (CSTO) for help. Kazakhstan has witnesssed a series of unrests, which began as mass protests triggered by a doubling hike in liquefied petroleum gas prices at the start of 2022.

Kazakhstan is world’s second-biggest bitcoin mining hub after the mining ban from China.

2. Dalio Expects 3 Rate Hikes in 2022 Bridgewater Associates Ray Dalio in a CNBC Interview says expected three rate hikes this year is a reasonable thing.

3. Delta Airlines witnessed 200 daily cancellations for thursday and friday.

4. The Biden administration opposes U.S. Senator Ted Cruz’s Nord Stream 2 amendment.

5. The Central Bank of the Argentine Republic (Central Bank of Argentina) raises key rate to 40%. This is the first hike in a year.

6. Video game retailer GameStop (ticker: GME) is prepping to enter the non-fungible token and cryptocurrency industry. Gamestop will launch divisions focused on developing a cryptocurrency business and NFT marketplace as part of a turnround plan.

7. 4th COVID Shot. Moderna CEO Stephane Bancel warns people may need fourth COVID shot as efficacy of boosters likely to decline over time by the Fall of 2022. “I would expect that it’s not going to hold great,” Bancel said, during a Goldman Sachs interview at the health-care CEO conference. Bancel was referring to the strength of the single booster shots.

“We have been saying that we believe first this virus is not going away,” Bancel said. “We’re going to have to live with it.”

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