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FINANCE | BUSINESS | STOCK MARKET | COMMODITIES | POLITICS | TECHNOLOGY

DAWCOIN DIVES AFTER MEGA LOSS WEEKEND

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Carlington, Anderson. The Dawcoin crypto currency loses most of its value following a disastrous weekend. The Dawson based crypto-currency became PyeMcGowan’s first and only crypto currency in 2009 when it became public. Until 2016 it was worth at most a few hundred Poggles, but with futher investment prices began to skyrocket making many, who invested in the beginning, multi-millionaires. The currency became so successful that many stores and banks such as Unitons, United Bank, Buckstar and NCBC accept it as it would Poggles, in January Parliament debated recognising it as a foreign Currency, and the Minister for Business proposed that it be considered in a way such as a dominion currency, such as the Leverne Poggle or Nova Marina Dollar.

But yesterday the currency took a sharp dive, losing 250 Poggles worth of value in under 10 minutes, and over a thousand throughout the day. Many have lost hundreds of thousands of Poggles in yesterday’s events and ripples from the crash have struck multiple online currencies across Eurth, creating a crypto crash as many financial journalists have been calling it. The ‘Central Bank’ that controls the currency has sent an urgent plea to its millionaire and billionaire backers to help the currency retain its value.So far it is unknown what started the rapid devaluing, but many presume that it is linked with a possible major sell of some Dawcoin, by one of the currency’s millionaire traders.

The Head of the currency, Dominic Potrenco has refused to attend Parliamentary Committees multiple times in the past, but with the recent plummeting of the crypto currency’s value and disinterest among investors, Potrenco has accepted an invitation to attend the Digital Banking And Finance Committee, which will be on PMN Parliament 2 on Thursday at midday. 

The Gladstone Switch, And The Future of PyeMcGowian Energy

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By Dr Benjamin Riversea

Yesterday at a press conference Bill Gladstone, the founder and CEO of Gladstone Energy, one of the largest fossil fuel based energy companies, announced that from the 1st of July all Oil and coal based operations will have been sold or ceased, as they are switching to renewable energy production. This follows the billionaire CEO’s recent trip to multiple remote islands in the South Adlantic And Oriental Oceans where many witnessed how rising tides have caused mass flooding, and making thousands homeless, he said that he was effected by the scenes that he witnessed, which led him to stop his company from emitting any more emissions.

Wind Power has Become the second largest power source behind nuclear energy, the Department For Public Infrastructure has released plans for major wind farms in the bay and in the windy plateaus of the mid west. Another project was released for a large Dam on the river Contant, whichas it flows completely through Theodoria, possibly proving a future energy pact, either way, renewable energies are the future, and by 2025, will have made more jobs than the entire Extraction Industry in PyeMcGowan.

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Flooding has severely effected low islands, forcing many to retreat to higher ground.

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