“Two years ago, ridesharing at the Atlanta airport was perfect. It was being widely used. It was cheap and convenient. Customers were king. Drivers were making money. Poor people without jobs suddenly had a job. Suddenly, the airport authorities had a problem. They had previously constructed vast parking lots for people coming and going from the airport. They had been a huge source of revenue. That revenue gradually began to fall. Then it fell some more. What had previously been a system of benign neglect began to turn.”

“IMF Director Christine Lagarde hinted at the development of a digital currency, similar to the bitcoin, for the organization’s special drawing rights (SDR) mechanism to replace existing reserve currencies. The international finance organization has already begun exploring the possibility with an External Advisory Group discussion last December. Referring to a possible future situation along these lines, Lagarde said that the prospect of a digital currency as a replacement for reserve currencies that are part of the SDR was not ‘a far-fetched hypothetical.'”

“Bitcoin is too expensive for one of the most powerful women in finance. Christine Lagarde, the head of the International Monetary Fund, on Friday told CNBC’s Sara Eisen that bitcoin is ‘too expensive for me at the moment’ when asked if she would ever buy into the red-hot digital currency. Lagarde last month gave a soft defense of the cryptocurrency during a speech in London. She said cryptocurrencies such as bitcoin could ‘give existing currencies and monetary policy a run for their money.'”

“The Pacific island nation of Vanuatu has become the world’s first county to accept the virtual currency bitcoin for its citizenship program. The Vanuatu Information Centre (VIC) announced that its Development Support Program (DSP) will allow foreigners to qualify for Vanuatuan citizenship through a one-time payment of $200,000 – or its cryptocurrency equivalent. At current market prices, this puts the price of citizenship for the so-called Paradise Islands at slightly more than 43 bitcoins.”

“If you are black and angry about police violence, you are a potential terror threat. Or so says a newly released FBI Intelligence Assessment that concocts a non-existent movement they dub ‘Black Identity Extremists.’ According to the assessment, ‘premeditated, retaliatory lethal violence against law enforcement’ has been spurred on by ‘Black Identity Extremist (BIE) perceptions of police brutality against African Americans.’ The problems with this report are manifold. First, and foremost, it places the blame for violence on actual concerns with police brutality and racial justice, thus delegitimizing dissent.”

“Local cops in towns and counties around New York state are robbing taxpayers blind with astronomical yearly salaries — including one officer who pulled down $442,000, a new report shows. Tom Donnelly, who retired as a Ramapo school safety officer in August, earned the investment-banker-sized paycheck over a 12-month period ending in March — making him the highest paid local cop anywhere outside New York City, according to a report from the Empire Center. The study showed that local cops like Donnelly are the highest-paid group of government employes in municipalities excluding the five boroughs.”

“Multiple students were subjected to invasive and outright horrifying body searches during a mass — and warrantless — search for drugs at a South Georgia high school. Attorney Mark Begnaud, who filed the class-action lawsuit, called out the sheriff for conducting ‘900 illegal, suspicionless searches.’ To highlight the sheer unnecessary police state tactics of the tyrannical Worth County Sheriff Jeff Hobby and his deputies — not a single bit of contraband was found.”

“The raiding cops brought the wrong-sized battering ram, making it difficult for them to get inside quickly. One of the officers shot Ferreira within seconds, despite the fact that he was unarmed. They had no layout of the house. They weren’t aware of the fact that Ferriera was a guest on the night of the raid, which is at least suggestive of little or no surveillance. The city, of course, appealed the finding against it, and Ferreira appealed the jury’s finding that the officer who shot him wasn’t liable for his injuries. Late last month U.S. district court judge Thomas McAvoy issued his decision. Ferreira is out of luck. McAvoy first upheld the finding of no liability for the officer. He then found that the City of Binghamton isn’t liable, either.”

“Between 2012 and 2015, the DOD shelled out $53 million to professional sports—including $10 million to the NFL—on ‘marketing and advertising’ for military recruitment. To be sure, some of that was bona fide advertising. But many of those heart-tugging ceremonies honoring heroes and recreating drills and marches and flyovers are what the report denounced as propaganda. Of course, this being government, no one is really sure how much has been spent or where the money went.”

“In addition to selling a computer-numerically-controlled (CNC) mill which can complete unfinished lower receivers for AR-15 semi-auto rifles, Defense Distributed will now sell unfinished receivers for Glocks and single-stack M1911s. Using Defense Distributed’s mill, known as the Ghost Gunner, anyone with $1,600 and some basic milling knowledge can create the lower receiver of an AR-15 rifle.”

“Nation-states are nothing but agreed-upon myths: we give up certain freedoms in order to secure others. But if that transaction no longer works, and we stop agreeing on the myth, it ceases to have power over us. So what might replace it? The trends that are pinching the nation-state are helping the city-state. In a highly connected, quasi-borderless world, cities are centres of commerce, growth, innovation, technology and finance.”

“Raghuram Rajan left the central bank last September after unnerving political leaders with his outspoken nature. Several months later, Modi blindsided the nation by scrapping 86 percent of currency in circulation, saying the move was essential to unearth unaccounted wealth and fight graft. Since then, speculation has raged over who thought up the policy, with the debate getting more divisive last week as a slew of data showed demonetization contributed to a growth slump without meeting its targets.”

“Indians have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank’s profit and dealing a blow to his drive to unearth unaccounted wealth. The cash ban prompted the central bank to print new currency, reducing its profit and cutting annual dividend payout to the government by half.”

“Despite the dismissive statements from the European Central Bank’s president, Estonia may still be able to conduct a launch of a national cryptocurrency if it is to do so through a private-public partnership. The head of Estonia’s E-residency scheme’s public relations department, Arnaud Castaignet, has expressed that the republic plans to move forward with the project – however, made no reference to the potential ramifications of EU obligations with regard to the national cryptocurrency.”

“In short, the ATS will offer a legally approved, regulated alternative to a major securities exchange, such as the New York Stock Exchange and Nasdaq. As such, the platform may be seen as a major step forward for the token space. Simply put, there are currently no other regulator-approved ways for U.S. investors to trade security tokens.”

“Dubai has officially launched its own cryptocurrency called emCash, according to announcements by local news media outlets. The cryptocurrency would be used for payment of governmental and nongovernmental services. According to Ali Ibrahim, Deputy Director General of Dubai Economy, the token will be considered legal tender ‘for various government and non-government services, from their daily coffee and children’s school fee to utility charges and money transfers.'”