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Uphill Battle
Looks like the Stink Market may be in for a pre election smackdown, and pm’s may not be immune.
USD in rally mode again. See if the shares can pull off another late day rally.
Gold Train
The morning Ski Train turns around on the wye
at Fraser and parks, awaiting the evening return
trip to Denver.
https://railpictures.net/photo/738373/
Pakistan seeking relief from $5.8B fine over mining lease
ISLAMABAD (AP) — Pakistan is seeking the reversal of a $5.8 billion penalty imposed by an international tribunal for denying a mining lease to an Australian company, saying that paying the fine would hinder its handling of the coronavirus pandemic.
The Reko Diq district in southwestern Pakistan’s Baluchistan province is famed for its mineral wealth, including gold and copper. Prime Minister Imran Khan’s government considers it a strategic national asset, though instead of yielding a bonanza the Reko Diq mining project may cost the country dearly.
The World Bank’s International Center for Settlement of Investment Disputes is considering Pakistan’s appeal against enforcing the penalty over its cancellation of the Reko Diq mining lease for Tethyan Copper Corp., a 50-50 joint venture of Barrick Gold Corp. of Australia and Antofagasto PLC of Chile.