Month: January 2021

Melvin Capital Lost A Stunning $7 Billion In January
31. 1. 2021 No Responses

Melvin Capital Lost A Stunning $7 Billion In January

It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund last...
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Trans-Pacific Trade At Max-Capacity Ceiling
29. 1. 2021 No Responses

Trans-Pacific Trade At Max-Capacity Ceiling

Container volumes in the Asia-U.S. trans-Pacific trade have hit their limit. Massive port congestion in the ports of Los Angeles and Long Beach is forcing ocean carriers to take extreme measures. Sailings are now being “blanked” (canceled) not because of.....
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Rolls-Royce warns on £2bn cash outflow
26. 1. 2021 No Responses

Rolls-Royce warns on £2bn cash outflow

Rolls-Royce has slashed its forecast of flying hours and expects to burn through £2bn in cash this year, as uncertainty about the new coronavirus variants and increased travel restrictions put the brakes on a recovery in air travel. The engine-maker...
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Even Goldman Sachs warns of a dangerous bubble
25. 1. 2021 No Responses

Even Goldman Sachs warns of a dangerous bubble

Goldman Sachs warns of a dangerous bubble, particularly in these 39 stocks: Goldman Sachs isn’t yet ready to state the euphoric stock market is one big bubble nearing an epic pop all over the faces of Wall Street bulls, but...
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The FED’s binary choice
22. 1. 2021 No Responses

The FED’s binary choice

The FED has a binary choice: preserve America’s global hegemony or further enrich the billionaires. And the Khazarian Criminal Organisation can’t get both. Khazarian Criminal Organisation will fail as a result of three dynamics: diminishing retur...
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EU Is Flirting With Idea Of Bloc-Wide Vaccine Passport Standard
21. 1. 2021 No Responses

EU Is Flirting With Idea Of Bloc-Wide Vaccine Passport Standard

GEheime STAats POlizei: “Documents, please!” While admitting that the use of such passports at the moment would be “premature” due to low vaccination rates amongst total populations, the EU says that plans to implement a bloc wide standard will...
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Biden to cancel $9bn Keystone XL pipeline’s permit
18. 1. 2021 No Responses

Biden to cancel $9bn Keystone XL pipeline’s permit

Joe Biden is planning to cancel the permit for the $9bn Keystone XL pipeline project as one of his first acts as president, perhaps as soon as his first day in office, according to a source familiar with his thinking. Donald Trump...
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Trump’s Trade War Cost Up To 245,000 American Jobs
15. 1. 2021 No Responses

Trump’s Trade War Cost Up To 245,000 American Jobs

A new economic study estimates that President Trump’s trade war with China caused the loss of up to 245,000 American jobs. The study from the US-China Business Council (USCBC) and Oxford Economics said a moderate reduction of tariffs on both sides could...
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PC market posts 25% year-on-year growth in Q4 2020
13. 1. 2021 No Responses

PC market posts 25% year-on-year growth in Q4 2020

According to the latest IDC analysis, the global PC market grew for a third quarter in a row recording an impressive 13% growth compared to Q3 2020 thanks to the increased demand during the holiday season. But even compared to...
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US Navy’s new Constellation-class frigate
12. 1. 2021 No Responses

US Navy’s new Constellation-class frigate

The U.S. Navy’s next-generation frigate, the Constellation class, is a do-or-die effort for the service and a critical test of its return to building ships around existing technologies rather than designing them around technologies in development. In a roun...
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Pelosi Is Officially Launching Second Trump Impeachment
10. 1. 2021 No Responses

Pelosi Is Officially Launching Second Trump Impeachment

Pelosi is officially launching second Trump impeachment, will also activate 25th Amendment. In a letter sent late on Sunday, Nancy Pelosi confirmed that the coming week will be focused entirely on removing Trump out of office, when she informed colleagues...
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Biden Calls For “Trillions” In Fiscal Stimulus
8. 1. 2021 No Responses

Biden Calls For “Trillions” In Fiscal Stimulus

Having swooned earlier on the whole Joe Manchin “insert foot in mouth”, stocks jerked back higher and closed near record highs after Joe Biden on Friday called for trillions of dollars in immediate further fiscal support, including increased dir...
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France Seeks Exit Strategy From Mali After 8 Years Of Fighting
7. 1. 2021 No Responses

France Seeks Exit Strategy From Mali After 8 Years Of Fighting

Eight years into France’s campaign in Mali, Paris is looking for an exit strategy and is expected to announce a troop drawdown soon, according to a report from AFP. “[France] faces tough choices over how to keep pursuing Islamist extremists without ...
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Russia will soon test Sarmat ICBM
3. 1. 2021 No Responses

Russia will soon test Sarmat ICBM

Russian strategic forces will soon test Sarmat ICBM capable of beating any defenses. Russia is planning to conduct “in the near future” flight tests of its new intercontinental ballistic missile, which it says is capable of beating any defense systems....
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Exxon Set For Another Loss After $20 Billion Write-Down
2. 1. 2021 No Responses

Exxon Set For Another Loss After $20 Billion Write-Down

ExxonMobil is on track to book another quarterly loss this year – its fourth consecutive loss in 2020 – announcing that it expects to book a massive up to $20 billion write-down for Q4, the U.S. oil and gas supermajor...
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