Lettuce won, and the bird is freed 🤔

In a completely different era, which few people remember anymore, namely in the spring of 2019, an episode of the series “Love, Death + Robots” was released on Netflix under the title “When the yogurt took over”  Actually, the title itself contains the entire plot of the cartoon.  And from the entire first season, this story seemed to me the most powerful.

 "Give me Ohio or I'll call China."

And now we return to our time.  Last week, the popular lettuce in an unequal (for the opponent) fight defeated Liz Thrus.  

Lettuce is 95 percent water and is also low in calories.  It is rich in minerals, fiber, folic acid, vitamins A and C, improves brain activity, normalizes sleep and helps get rid of insomnia and anxiety.  Lettuce affects vision, relieving eye fatigue, helps strengthen immunity, lowers cholesterol and speeds up the metabolism in the body.

Liz's actions not only didn’t enrich Britain, but rather the opposite:

The coming to power of Liz Truss cost the British stock markets $ 500 billion - Bloomberg comments on the madness that has occurred.  The commercial market has collapsed by $300 billion in market capitalization, the country's government bonds have lost more than $173 billion in price, and high-rated bonds denominated in pounds have fallen in price by almost $30 billion. 

The announcement of the government's new strategy has boosted required yields on British government bonds amid investor fears that tax cuts and subsidies to household energy spending will lead to more borrowing. This created pressure on the country's pension funds and insurance companies.  To protect them, the Bank of England had to urgently resort to interventions and instead of the planned sale of bonds, launch a program to buy them in the amount of 65 billion pounds!

The required yield on 10-year bonds rose sharply from 3.5% to 4.3% before falling to around 4.05% on October 7 after the Bank of England intervened.  Such dynamics testifies to the unwillingness of investors to own debt obligations.  After the British central bank confirmed its intention to suspend the campaign for buying bonds, the pound fell again.

Amid this drop, food prices rose by a record 10.6% compared to 9.3% last month.

At the same time, 44 days of premiership brought Liz Truss 129 thousand dollars of benefits for life, and on December 8 her biography book will be released.  For obvious reasons, we will not recommend it in our regular column #Inanomorecommends.

And this week it became known who will be the new British PM.  Back in April of this year, Rishi Sunak, while serving as the Head of the British Treasury, stated that it was time to make  ̶A̶m̶e̶r̶i̶c̶a̶ ̶g̶r̶e̶a̶t̶ ̶a̶g̶a̶i̶n̶ Britain as a global crypto hub and even instructed the British coin producer (Royal Mint) to create an NFT collection, which was previously supposed to be ready by the summer  but not yet on the market.

And this is where the sweetness begins. The new position will make Sunak one of the most significant global leaders who have publicly supported the use of blockchain technology to transform financial markets.

It's worth noting that he also spoke out in favor of the country's central bank digital currency, or Britcoin, as he called it at the Bank of England last October.  He then stated that the CBDC could "offer businesses and consumers new ways to pay."  Shortly thereafter, he announced the formation of a joint Ministry of Finance and Central Bank task force to study the operation of the CBDC as a complement to cash and bank deposits.

And on October 25, it became known that Britain equated digital assets with regulated financial instruments.

The corresponding bill was passed in the House of Commons of Parliament.  Amendments on the inclusion of cryptocurrencies in the number of regulated financial instruments were introduced by Andrew Griffith:

 “The idea is to equate digital assets with other derivatives.  We should not give preference to them.  On the contrary, we should include them in the scope of regulation,” he said.

If the bill is moved up, it will require the registration of service providers in this area.  In addition, the law will also provide oversight of this field, in particular in the area of ​​AML regulations.

One critic of Sunak's ideas is bitcoin investor Preston Pysh, who tweeted:

“A wolf dressed in sheep's clothing is one who runs around saying ‘crypto’ and talks about CBDCs” 

“I'd argue potentially more dangerous than people who have no clue.”

 And now we are smoothly moving on to the news of the social network itself!

It became known that Elon Musk nevertheless became the new owner of Twitter and immediately “released” five company executives:

• Twitter CEO Parag Agrawal, who replaced Jack Dorsey at the end of 2021, and CFO Ned Segal.  Both at the time of the completion of the transaction were at the company's headquarters - they were taken out by security (we refer to Reuters).
• Account Director Sarah Personette, previously delighted with the deal, and Corporate Policy Director Vijay Gadde, whom Musk criticized for censoring the social network.  It is reported that the chief lawyer, Sean Edgett, also “left” - he was also escorted out of the office (we refer to Bloomberg).

Dismissing top managers, he commented on this with a tweet on his social network: "The bird is freed."

However, you don't have to worry about them. Insider has calculated the compensation that executives will receive when the dismissal is documented: Agrawal will be paid $38.7 million, Seagal - $25.4 million, Gadde - $12.5 million, Personette - $11.2 million. Edgett is not mentioned by the publication.

Who benefited more from leaving their positions - Twitter managers or Liz Truss time will tell 😅

Here's what Musk wrote to advertisers explaining his actions:

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,”

I think that there are other reasons for buying - for example, "make Britain the world's crypto hub" 😅

It is expected that shareholders will be paid $54.2 per share, and Twitter will now become a private company.  Trading in TWTR shares ends today, October 28th.  Musk is going to bring the social network back to the stock exchange in 3-5 years.

A day earlier, it became known that the site will allow users to buy and sell NFTs through tweets!

And of course, don't forget about the dags!

Santiment notes a sharp increase in trading volumes and large transactions in DOGE ahead of the Musk-Twitter deal closing, as DOGE-father previously stated that it is considering introducing payments in DOGE on Twitter, in case of a purchase of the social network!

And finally, since we are talking about Twitter, we have created an account dedicated to the entire Inanomo holding https://twitter.com/inanomo_holding

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