Tag: dollar
Right-Wing Site Rumble Profits From Pushing Anti-Semitism

Right-Wing Site Rumble Profits From Pushing Anti-Semitism

Rumble — the right-wing video-streaming site that markets itself as a “free speech” YouTube competitor — is profiting from advertisements on content from far-right figures and groups who have histories of spreading antisemitism and conspiracy theories about Jewish people.

Rumble has teamed up with the Republican National Committee to exclusively stream GOP presidential primary debates.

Additionally, Rumble has previously allowed white nationalists to profit from its platform and has profited itself from pre-roll advertisements on videos from QAnon conspiracy theorists, white nationalists, and other extremists.

Based on a Media Matters review, pre-roll ads are running before videos from at least 16 Rumble accounts of far-right figures and groups who have spread antisemitism. Some of the figures associated with these Rumble accounts have promoted white nationalist, neo-Nazi, and extremist ideologies.

Rumble has its own ad platform, which allows advertisers to place pre-roll videos and display ads on the video-streaming platform and boasts Truth Social as a publisher, but a majority of ads on Rumble reportedly come from Google’s ad network. This means that Google is monetizing and driving new users and traffic to Rumble — ultimately assisting the website to make money as a cesspool of extremist conspiracy theories and a safe haven for users banned from mainstream social media sites.

Here is a breakdown of far-right figures and groups who have made antisemitic comments and have advertisements running on their Rumble accounts. (We have not determined whether these ads were purchased through Rumble’s ad platform, Google’s ad network, or another way.)

Keith Woods

Verified Rumble user Keith Woods is an Irish white nationalist and self-proclaimed “raging anti-semite” who helped to spread a campaign to ban the Anti-Defamation League on X (formerly Twitter)

Elijah Schaffer

Neo-Nazi-linked far-right media personality Elijah Schaffer has made numerous antisemitic comments, complained that you can’t question the Holocaust or interview neo-Nazis, and has pushed the white nationalist “great replacement” conspiracy theory. Schaffer’s show is currently verified on Rumble.

Schaffer has been banned from Facebook and Instagram.


Verified Rumble user and misogynistic streamer Sneako (real name Nico Kenn De Balinthazy) regularly spews antisemitic comments online.

Sneako has defended Hitler and attacked Jewish people online, saying that “the Nazis had drip” and that the swastika is “aesthetically pleasing.”

Sneako has been previously banned from YouTube and TikTok. He was previously banned from X, but is now active on the platform after being reinstated by owner Elon Musk.

Rumble CEO Chris Pavlovski recently congratulated Sneako on his growth on the platform.

Fresh & Fit

The hosts of misogynistic Fresh & Fit podcast, Why Women Deserve Lessauthor Myron Gaines (real name Amrou Fudl) and dating and lifestyle coach Walter Weekes, have made numerous antisemitic comments, including during Rumble streams. The podcast recently hosted Holocaust denier and white nationalist Nick Fuentes, who appeared multiple times and made numerous antisemitic comments.

Gaines has defended Hitler and bragged, “We’re the biggest platform that’s talking about the JQ. No one else will do it.” (The “JQ” refers to the “Jewish Question,” an antisemitic framework meant to question the human rights of Jewish people. It was part of the pretext for the Holocaust.)

Gaines also dressed up as a stereotypical caricature of a Jewish person during one of his livestreams with Fuentes.

Fresh & Fit is verified on Rumble. The podcast, which has been removed from Reddit and TikTok, was previously demonetized and removed from the YouTube partner program.

Ryan Dawson

Ryan Dawson is a 9/11 truther and Holocaust denier who has pushed the conspiracy theory that Israel was involved in the 9/11 terrorist attack. Dawson has also blamed “Hasidics” for the COVID-19 pandemic.

Dawson claims he has been banned from a litany of platforms and services, including Instagram, Facebook, YouTube, PayPal, and Twitch, among others.

Three Spoons

Rumble account Three Spoons reposts content from Fuentes and white nationalists Jared Taylor and E. Michael Jones. Both Fuentes and Jones are notorious antisemites.

Vincent James Foxx

White nationalist Vincent James Foxx has defended Nazi book burning, complained that “the Holocaust is weaponized,” and has pushed various conspiracy theories about Jewish people.

Foxx has been banned from YouTube, DLive, and Twitter.

Hotep Jesus

Hotep Jesus (real name Bryan Sharpe) is an antisemite and Holocaust denier who defended Ye’s antisemitic rants and has attacked Jewish people online for years. He is currently a verified user on Rumble.

Sharpe has been banned from YouTube.

Stefan Molyneux

Stefan Molyneux is a far-right commentator and white nationalist who has pushed antisemitism, including suggesting that Jeffrey Epstein’s abuse of teens was linked to his Jewish background.

Molyneux was banned from X for hate speech, but was reinstated by Musk. He has also been banned from PayPal, YouTube, and MailChimp.

Patrick Howley

Antisemite and white nationalist Patrick Howley has made many disparaging comments about Jewish people and has promoted a neo-Nazi group online.

Howley was previously banned from X, but was reinstated by Musk.

Young Pharaoh

QAnon and Pizzagate conspiracy theorist Young Pharaoh (real name Marshall Daniels) has said Judaism is a “complete lie,” has described Jewish people as “thieving fake Jews,” and has pushed various antisemitic conspiracy theories.

Daniels was banned from X in 2021.

Stew Peters

White nationalist Stew Peters, who streams his show on Rumble, blamed the June sinking of the Titan submersible on Jewish people and has pushed many antisemitic tropes. Peters’ media network account is verified on Rumble.

Spotify and iHeartRadio have both removed Peters’ show from their platforms.

Lauren Witzke

Far-right media personality Lauren Witzke is part of Peters’ media network. Witzke has pushed antisemitism, suggested that the Rothschild family had advanced knowledge of 9/11, and is a former host of the antisemitic TruNews outlet.

Witzke was previously banned from X for posting racist content. She is now active on the platform.

Steven Crowder

Verified Rumble streamer Steven Crowder, who has an exclusive streaming deal with Rumble, has made antisemitic remarks and defended rapper Ye (formerly Kanye West) following his pro-Nazi rants.

American Renaissance

White nationalist extremist group American Renaissance features various antisemites at its conferences.

YouTube banned American Renaissance for violating its hate speech policies. The group was also banned on X.

American Free Press

American Free Press is a website that was created by white nationalist, neo-Nazi, and Holocaust denier Willis Carto in 2001.

According to the Southern Poverty Law Center, Carto, who died in 2015, was “infamous for his pro-Nazi and rabidly anti-Jewish views” and for founding the Liberty Lobby, “which billed itself as a conservative, anti-Communist group but became known for its advocacy of both white supremacy and anti-Semitism.”

American Free Press has a history of pushing antisemitic conspiracy theories about Jewish people, a “New World Order,” and Israel.

Reprinted with permission from Media Matters.

No Brexit: Global Markets, Currencies, And Stocks Break Fall Amid Uncertainty

No Brexit: Global Markets, Currencies, And Stocks Break Fall Amid Uncertainty

By Marc Jones

LONDON (Reuters) – The U.S. dollar, Mexican peso and world stocks fell on Wednesday as Donald Trump swept to victory in the U.S. presidential election, but fears of a Brexit-style shock that wiped trillions off global markets has failed to materialize so far.

As the Wall Street open neared, European shares were down less than 1 percent and traders were returning to other markets that had been sent into a tailspin as it became clear Trump was set for a dramatic victory over Democrat Hillary Clinton. [.EU]

Investors fear his victory could cause global economic and trade turmoil and years of policy unpredictability, which among other things could discourage the Federal Reserve from raising interest rates in December as long expected.

“I love this country,” Trump said in a victory speech in New York. “America will no longer settle for anything less than the best … We have a great economic plan, we will double our growth and have the strongest economy in the world.”

Pledges by Trump that he would also forge strong relations with other big nations helped ease concerns of heavy tariffs being slapped on selling to the United States and a starkly more aggressive geopolitical attitude.

Safe-haven sovereign bonds, the Japanese yen and gold were all giving back ground fast having surged in Asian trading as the election results had come in and, as in the case of the Brexit vote in June, proved polls and betting markets woefully wrong.

Overnight in Asia, Sean Callow, a forex strategist at Westpac, had said the market reaction had been “as though the four horsemen of the apocalypse just rode out of Trump Tower”.

But the mood in European trade was far more measured.

“The equity markets has rebounded quite a long way so my view is that we have a couple of forces in play,” said JP Morgan Asset Management’s head of multi asset strategy, John Bilton.

“One is that markets are trying to figure out what this might mean and another force which is, if we do get this type of infrastructure spending and tax cuts that have been mooted, maybe that gives the economy a bit of a boost.”

The 0.6 percent dip in European stocks was nowhere near as bad as the 4 percent plunge futures markets had indicated and the near 9 percent slump they initially suffered after the UK Brexit vote.

Mexico’s peso also bounced 4 percent, off a record low it had hit overnight – though it was still down an eye-watering 8.5 percent as emerging markets bore the brunt of the impact.

Trump’s threats to rip up a free trade agreement with Mexico and tax money sent home by migrants to pay for building a wall on the southern U.S. border have made the peso particularly reactive to events in the race for the White House.

“A lot of Trump’s negative geopolitical rhetoric was concentrated around Mexico and trade with Mexico and tearing up the NAFTA agreement, so the peso just become this natural barometer of the election,” said Deutsche Bank strategist Gautam Kalani. “What happens now though is all up in the air.”

A wealthy real-estate developer and former reality TV host, Trump rode a wave of anger toward Washington insiders to win the White House race against Clinton, the Democratic candidate whose gold-plated establishment resume included stints as a first lady, U.S. senator, and secretary of state.

Markets had favored Clinton as a status quo candidate who would be considered a safe pair of hands at home on the world stage. Analysts had no such certainty about Trump whose powers will be bolstered by the Republican’s control of the Senate.

U.S. stock futures were pointing to a drop of just under 2 percent for Wall Street when it reopens later, less than half the 5 percent they had been suggesting in Asian trade.

The 46-country MSCI ‘All World’ index was down just 0.8 percent and, although Wall Street’s expected drop will add to the fall, so far at least there have been over 25 worse days for the index this year.

As FX markets reeled in the initial Asian fright, South Korean authorities were thought to have intervened to steady their currency, and dealers wondered if central banks globally would step in to calm nerves.

Japan’s top currency diplomat signaled Tokyo’s readiness to intervene if necessary as the surging yen threatened to snuff out its fragile economic recovery.

The scale of the scare was clearest in the Mexican peso, which plunged more than 13 percent against the dollar at one point in the biggest daily move in two decades.

The risk of a global trade war likewise knocked other currencies across Asia, with the Australian dollar leading the rout.

The story had been very different against the safe-haven yen, with the U.S. dollar shedding as much as 3.3 percent to 101.85 yen and around 2 percent on the euro before the market changed direction.

That U-turn left both were well of their highs by 0807 ET, at 104.18 yen and $1.1009 for the euro.

Asian stocks, which had closed before Trump’s victory speech spoke of the need to strengthen the United States and keep global relations, showed the day’s biggest dents.

MSCI’s broadest index of Asia-Pacific stocks outside Japan ended down 2.3 percent and the Nikkei in Tokyo closing down 5.4 percent. It lost almost 9 percent after the UK Brexit vote.

Sovereign bonds whipsawed, with yields on 10-year U.S. Treasury notes initially flying down as much as 12 basis points to 1.75 percent – again the largest drop since the Brexit vote – only to climb back up to 1.96 percent in Europe.

Fed fund futures had toyed with the idea of a cut in rates next year at one point though they were back again to pricing at least a 50 percent chance of a December hike.

It was still seen as a possibility that the Bank of Japan and European Central Bank might be forced to ease policy further.

“We are definitely prepared to intervene in an emergency,” one of the ECB’s longest-standing members, Ewald Nowotny, told reporters in Vienna. “What that will really look like, we must wait and see.”

In commodity markets, safe-haven gold saw big swings as well, climbing 3.5 percent to $1,320 an ounce as the dollar slid, but then backsliding to around $1,300.

There was a screeching U-turn from oil too. U.S. crude bounced over $2 to $45.12 a barrel, while Brent jumped back to $45.50 barrel having been as low as $44.40.

Russian President Vladimir Putin said he was ready to fully restore ties with the United States following Trump’s victory.

(Additional reporting by Wayne Cole in Sydney; Editing by Pravin Char)

IMAGE: A trader at the Frankfurt stock exchange reacts in Frankfurt, Germany, November 9, 2016.   REUTERS/Kai Pfaffenbach

Stock Futures, U.S. Dollar, Oil Prices Plunge As Markets Recoil From Trump

Stock Futures, U.S. Dollar, Oil Prices Plunge As Markets Recoil From Trump

By Wayne Cole

SYDNEY (Reuters) – The U.S. dollar sank and stocks plummeted as mayhem came to world markets on Wednesday as investors faced the possibility of a shock win by Republican Donald Trump that could upend the global political order.

Every new TV network projection in the U.S. presidential election showed the race to be far closer than anyone had thought, sending investors stampeding to safe-haven assets.

Sovereign bonds and gold surged while the Mexican peso went into near free-fall as stations gave North Carolina to Trump.

“Markets are reacting as though the four horsemen of the apocalypse just rode out of Trump Tower,” said Sean Callow, a forex strategist at Westpac in Sydney.

“Or at least 3 of them – it might be 4 when the prospect of a clean sweep of Congress sinks in.”

As of 0425 GMT, Trump was leading Democratic rival Hillary Clinton by 19 Electoral College votes, with a tally of 228-209, with several key battleground states yet to be decided. It takes 270 to win.

U.S. stock futures recoiled more than 4.5 percent, matching the carnage that followed the British vote to leave the European Union in June that wiped trillions of dollars of value off global markets.

Investors fear a Trump victory could cause global economic and trade turmoil, discouraging the Federal Reserve from raising interest rates in December as long expected.

Fed fund futures were even starting to toy with the idea of a cut in rates next year <0#FF:> and it was possible the Bank of Japan and European Central Bank might be forced to ease policy further.

South Korean authorities were thought to have intervened to steady their currency, and dealers were wondering if central banks globally would step in to calm nerves.

The scale of the scare was clear in the Mexican peso, which plunged more than 12 percent against the dollar in the biggest daily move in two decades.

“There’s a lot of panic in the market, it is definitely an outcome it was not expecting,” said Juan Carlos Alderete, a strategist at Banorte-IXE.

The peso has become a touchstone for sentiment on the election as Trump’s trade policies are seen as damaging to its export-heavy economy.

But the story was very different against the safe-haven yen, with the dollar shedding 3.5 percent to 101.70 yen. The euro jumped 2.2 percent to $1.1265.

Graphic of live election results: http://tmsnrt.rs/2fxyZV0

Graphic of live market reaction: http://tmsnrt.rs/2fXfo0L

Live Coverage: http://live.reuters.com/event/election_2016


Asian stocks skidded, with MSCI’s broadest index of Asia-Pacific stocks outside Japan down 2.5 percent and the Nikkei off nearly 4 percent.

With voting completed in more than two-thirds of the 50 U.S. states, the race was still too close to call in Iowa, Michigan, Wisconsin, Pennsylvania and New Hampshire, states that could be vital to deciding who wins the presidency.

Fox News projected Trump had taken Florida and North Carolina, and projected Clinton would win Virginia.

Markets have tended to favor Clinton as a status quo candidate who would be considered a safe pair of hands at home on the world stage.

“In contrast, a Trump victory would trigger massive uncertainty that would likely undermine risk assets at least initially, which in turn could preclude a Fed rate hike this year,” warned Michelle Girard, chief U.S. economist at RBS.

Sovereign bonds flew ahead, pushing yields on 10-year U.S. Treasury notes down a huge 13 basis points to 1.74 percent, again the largest drop since Brexit.

Yields had briefly touched a six-month high around 1.8960 percent in early trade.

In commodity markets, gold climbed 3.4 percent to $1,318 an ounce as the dollar slid.

Oil turned tail on concerns over the global economic outlook, with U.S. crude shedding $1.34 to $43.63 a barrel, while Brent fell $1.24 to $44.80. [O/R]

(Reporting by Wayne Cole; Editing by Kim Coghill & Shri Navaratnam)

Brexit Vote Sends New Shocks Through Financial Markets, Political Chaos Deepens

Brexit Vote Sends New Shocks Through Financial Markets, Political Chaos Deepens

By Kylie MacLellan and Anirban Nag

Britain’s decision to leave the European Union sent new shockwaves through financial markets on Monday, with the pound falling despite the country’s leaders’ attempts to ease political and economic turmoil unleashed by the move.

Finance minister George Osborne said the British economy was strong enough to cope with the volatility caused by Thursday’s referendum, the biggest blow since World War Two to the European goal of forging greater unity.

But sterling later sank to its lowest level against the U.S. currency for 31 years, continuing the fall that began last week when Britons confounded investors’ expectations by voting to end 43 years of EU membership.

This put the pound, and European bank shares, on course for their biggest two-day slides on record.

Chinese Premier Li Keqiang said uncertainties over the global economy had heightened and called for a “united, stable EU, and a stable, prosperous Britain”.

But with the ruling Conservatives looking for a new leader after Prime Minister David Cameron’s resignation on Friday and lawmakers from the opposition Labour party stepping up a rebellion against their leader, Britain sank deeper into political and economic chaos.

“There’s no political leadership in the UK right when markets need the reassurance of direction,” said Luke Hickmore of Aberdeen Asset Management, expressing the view of many in the City of London financial center.

Cameron has promised to stay on until October as a caretaker, although a committee responsible for running the Conservative leadership contest recommended a faster process that should be completed by early September.

His refusal to start formal moves immediately to pull the country out of the EU has prompted many European leaders to demand quicker action by Britain, the EU’s second largest economy after Germany, to leave the 28-country bloc.

“It should be implemented quickly. We cannot remain in an uncertain and indefinite situation,” French finance minister Michel Sapin said on France 2 television.

Guenther Oettinger, a German member of the EU’s executive European Commission, said Cameron and his party should not risk causing damage by waiting until October to act.

“Every day of uncertainty prevents investors from putting their funds into Britain, and also other European markets,” he told Deutschlandfunk radio.

German Chancellor Angela Merkel she had “neither a brake nor an accelerator” to control events.

Hoping to ensure Germany’s strong trade relationship with Britain continues, she has appeared to take a softer line than some European leaders. But she ruled out informal talks before London notifies the EU of its intention to leave under the EU’s Lisbon Treaty, which provides its constitutional basis.

Making clear the exit negotiations would not be easy, Volker Kauder, who leads Merkel’s conservatives in parliament, told ARD television: “There will be no special treatment, there will be no gifts.”



Financial markets misjudged the referendum, betting on the status quo despite abundant signs that the vote would be close.

When reality dawned, the reaction was brutal. Sterling fell as much as 11 percent against the dollar on Friday for its worst day in modern history, while $2.8 trillion was wiped off the value of world stocks — the biggest daily loss ever.

That trumped even the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor’s Dow Jones Indices.

Osborne tried to ease investors’ concerns in his first public comments since the referendum. He said he was working closely with the Bank of England and officials in other leading economies for the sake of stability as Britain reshapes its relationship with the EU.

“Our economy is about as strong as it could be to confront the challenge our country now faces,” he told reporters. “It is inevitable after Thursday’s vote that Britain’s economy is going to have to adjust to the new situation we find ourselves in.”

U.S. Treasury Secretary Jack Lew also tried to restore calm, telling CNBC television it had been “an orderly impact so far” though he later added: “We have resilience built into our economy, but we’re not cut off from the world.”

Visiting Brussels, U.S. Secretary of State John Kerry said it was important that “nobody loses their head” as the EU and Britain deal with the fallout from the referendum.



The vote to leave the EU has increased the likelihood of Scotland holding a second referendum on independence. The first, two years ago, rejected independence but some voters opposed it on concerns this meant leaving the EU.

Boris Johnson, a leading proponent of a Brexit and likely contender to replace Cameron, praised Osborne for saying “some reassuring things to the markets”.

The former London mayor said it was now clear “people’s pensions are safe, the pound is stable, markets are stable. I think that is all very good news.”

But financial markets took a different view, with sterling sliding Monday, shedding more than 3 percent against the dollar to $1.3221

The yield on British 10-year government bonds fell below one percent for the first time due to investors betting that the Brexit vote would trigger a Bank of England interest rate cut aimed at steading the economy.

Many economists have cut economic growth forecasts for Britain, with Goldman Sachs expecting a mild recession within a year. But the risks affect economies far beyond Britain.

“Against the backdrop of globalization, it’s impossible for each country to talk about its own development discarding the world economic environment,” China’s Li told the World Economic Forum in the city of Tianjin.

Japanese Prime Minister Shinzo Abe instructed his finance minister to watch currency markets “ever more closely” and take steps if necessary.

At the weekend, the policy chief of Abe’s LDP party held open the possibility of currency intervention to weaken the yen and temper “speculative, violent moves”.



The outcome of the referendum has revived talk in Scotland of a new vote on independence, two years after Scots rejected such a move. Stunned by Thursday’s vote, a sufficient number of people have signed a petition calling for a new referendum on Britain’s EU membership to force lawmakers to at least consider a debate on the issue.

The referendum has also revealed social as well as economic stresses in divided Britain.

Immigration was one of the main themes of the referendum campaign, alongside discontent with Britain’s political establishment in general and the Conservatives in particular. Many Brexit backers complained the EU had allowed uncontrolled numbers of migrants to arrive from eastern Europe.

Police said offensive leaflets targeting Poles had been distributed in Huntingdon, central England, and graffiti had been daubed on a Polish cultural center in central London on Sunday, three days after the vote.

According to a local newspaper, the Cambridge News, the leaflets said “Leave the EU/No more Polish vermin” in English and Polish.

The Polish embassy in London said it was shocked by the “xenophobic abuse” aimed at the Polish community and others.

With Britain now facing uncertainty over how its trade relationship with the EU will unfold, Johnson tried to calm fears by writing in the Daily Telegraph newspaper that there would be continued free trade and access to the single market.

He suggested Britain would not have to accept free movement of workers, saying it could implement an immigration policy which suited business and industry.

However, single market rules stipulate that countries must accept the free movement of people as well as goods. Yielding on immigration would anger many Britons who voted to leave.

Johnson is expected to declare soon that he is running to lead the Conservatives, who have been divided for decades between pro- and anti-EU factions.

Divisions within the opposition are also deep. A wave of Labour lawmakers resigned from leader Jeremy Corbyn’s team on Monday, adding to the 11 senior figures who quit on Sunday.

They say Corbyn, a left-winger who has strong support among ordinary party members, is not fit to lead the party and point to his low-key campaign to keep Britain in the EU.

If repeated at the next parliamentary election, due in 2020, they fear Labour faces disaster following its near wiping out in Scotland last year. Corbyn has said he is going nowhere.


(Additional reporting by David Lawder, William James, Jamie McGeever, Nigel Stephenson, Kevin Yao, Costas Pitas, Bate Felix, Andrea Shalal, Michael Holden, Guy Faulconbridge, David Milliken, Patrick Graham, Anirban Nag, Michelle Martin, Paul Carrel, Conor Humphries, Minami Funakoshi and Tetsushi Kajimoto, Writing by David Stamp, Editing by Timothy Heritage)

Photo: Workers walk in the rain at the Canary Wharf business district in London, Britain November 11, 2013. REUTERS/Eddie Keogh/File Photo