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November 16th - According to Russian state media reports on Sunday, Russian President Vladimir Putin met with Rosneft CEO Igor Sechin during the visit of the Kazakh president to Moscow this week. Sechin, who has headed Rosneft since 2012, previously worked with Putin in St. Petersburg and later served under Putin at the Kremlin. Last month, US President Donald Trump imposed sanctions on Russia for the first time during his second term regarding Ukraine, including Rosneft and Lukoil on the sanctions list.The Russian Ministry of Defense stated that Russian forces shot down six Ukrainian drones in the Bryansk, Belgorod, and Kursk regions.Ukrainian President Zelensky: Ukraine is working to resume prisoner exchanges with Russia.On November 16th, according to a report by the US-based "Defense News" website on November 14th, US Army Secretary Driscoll stated on the 12th that the US defense industry, especially major arms contractors, has "deceived" the American people, the Department of Defense, and the Army, resulting in damage to the interests of the US military. Reuters pointed out that for a long time, US government accountability officials and some members of Congress have believed that contractors are overcharging the military. Under the current supply method, the US Army cannot purchase a single screen control knob for a Black Hawk helicopter separately; it must spend $47,000 to purchase the entire set including the knob, while manufacturing the knob separately would only cost $15. The report noted that it is rare for a current US government official to use "unusually blunt" language to publicly criticize arms contractors.On November 16, it was reported that the U.S. Navy, together with the forces of Trinidad and Tobago, will conduct military exercises in waters near Venezuela from November 16 to 21. Venezuelan President Maduro stated on November 15 that this move was "irresponsible" and called on the public to mobilize against the U.S. military threat.

Warren Buffett’s Berkshire warns about crypto website using its name

Skylar Shaw

Nov 21, 2022 14:45

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Warren Buffett's company Berkshire Hathaway Inc. issued a warning to investors on Friday stating that it is not associated with a fictitious cryptocurrency brokerage website using the Berkshire Hathaway brand.


According to the website's operator, a broker with headquarters in Texas and a founding date of 2020, cryptocurrency mining investments offer investors "the chance to achieve a 100% passive income from investment."


It uses the wrong names for two regulators and claims the broker is regulated in the US, UK, Cyprus, and South Africa while including ostensibly positive customer testimonials. In contrast to Buffett's company, it uses a different email format.


Buffett has long been dubious of cryptocurrencies and referred to bitcoin as "rat poison squared" in 2018.


Buffett's business said in a statement that it discovered the berkshirehathawaytx.com website on Friday afternoon.


The owner of this web domain "has no association with Warren E. Buffett, Chairman and CEO of Berkshire Hathaway Inc.," according to Berkshire.


Requests for comments were not immediately answered by the website's owner.


Since 1965, Buffett has been the company's president and CEO.


The conglomerate, which is based in Omaha, Nebraska, controls a number of businesses, such as the BNSF railroad and the Geico auto insurer, and as of September 30, it held more than $306 billion in equity.


Recently, there has been increased scrutiny of cryptocurrencies. This week, U.S. cryptocurrency investors filed a lawsuit against FTX founder Sam Bankman-Fried and a number of celebrities who supported his exchange, including NFL quarterback Tom Brady and comedian Larry David. The investors claimed that the celebrities used dishonest sales tactics to promote yield-bearing FTX accounts. As a result of reports that $10 billion in customer assets were transferred from FTX to Bankman-trading Fried's firm Alameda Research, FTX filed for bankruptcy and is now under investigation by American authorities.


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