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January 1st - New York silver futures plunged 11.00% intraday, breaking below the $70 mark, reaching a low of $69.25 per ounce.On January 1, the U.S. Treasury Department announced that the Office of Foreign Assets Control (OFAC) had imposed sanctions on four companies operating in Venezuelas oil industry and designated four related oil tankers as blockaded property. Some of these vessels belong to a "shadow fleet" serving Venezuela, continuously providing financial resources to the Maduro regimes illicit drug-terrorism operations. The Maduro regime increasingly relies on a global "shadow fleet" to advance activities including evading sanctions and to generate revenue for its destabilizing actions. Todays action further demonstrates that parties involved in Venezuelan oil trade will continue to face significant sanctions. Treasury Secretary Bessenter stated, "President Trump has made it clear: we will not allow the illicit Maduro regime to profit from exporting oil while smuggling deadly drugs into the United States. The Treasury Department will continue to implement President Trumps pressure campaign against the Maduro regime."New York silver futures plunged 10.00% intraday, currently trading at $70.12 per ounce.January 1st - On December 31, 2025, local time, the U.S. Treasury Departments Office of Foreign Assets Control extended the operating license of Serbian oil company, Petronas, to January 23, 2026. Serbian Minister of Mining and Energy, Samir Handanovic, stated that the license extension means that Petronass only active refinery in the country, the Pancevo refinery, will be able to resume operations after a shutdown of several dozen days.French President Macron: Many European countries and allies will make concrete commitments to protect Ukraine in Paris on January 6.

Meta Will Evaluate A Monthly Subscription Service For $11.99

Haiden Holmes

Feb 20, 2023 14:39

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Meta Platforms revealed on Sunday that it is piloting a monthly subscription service called Meta Confirmed, which will allow users to verify their accounts with a government-issued ID and receive a blue badge, in an effort to assist content creators in expanding and building communities.


The subscription bundle for Instagram and Facebook (NASDAQ:META), which will be released later this week, will offer further security against impersonation and start at $11.99 per month on the web or $14.99 per month on Apple's iOS and Android.


This week, Meta Verified will launch in Australia and New Zealand, followed by progressive launches in other nations.


Meta's entry into the subscription services market follows Twitter's announcement last month that Twitter Blue will cost $11 per month.


Mark Zuckerberg, CEO of the social media behemoth, stated previously that the company planned to offer a number of new products that would "empower artists to be far more productive and creative," but cautioned about the cost of supporting the technology for a huge user base.


Several social media apps, like Snapchat from Snap Inc (NYSE:SNAP) and the messaging app Telegram, debuted paid membership services as a new revenue stream in 2017.