Key Points of $2 Trillion Stimulus Package

Key Points of $2 Trillion Stimulus Package

While it will take some time to sort through all the pork contained in the massive $2 trillion coronavirus legislation negotiated between the Trump administration and Congressional leaders early Wednesday, here are some of the major provisions. The bill –...
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Dems Unveiled $2.5 Trillion Stimulus Counterproposal

Dems Unveiled $2.5 Trillion Stimulus Counterproposal

House Democrats Unveil $2.5 Trillion Stimulus Counterproposal, $1.5k Direct Payment per Person. The new Democrat counterproposal will equate to nearly $2.5 trillion, including a $1,500 direct payment to citizens. It will include $150 billion in healthcare fund...
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Global Liquidation Continues Despite Massive Monetary Intervention

Global Liquidation Continues Despite Massive Monetary Intervention

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program i.e. QE5. US Futures were halted limit-down overnight, and when cash markets opened, they were halted (down over 7%) before rallying all the way back up...
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Wikipedia demasked as political disinformation instrument

Wikipedia demasked as political disinformation instrument

Wikipedia is generally thought of as an open, transparent, and mostly reliable online encyclopedia. Yet upon closer inspection, this turns out not to be the case. In fact, the English Wikipedia with its 9 billion worldwide page views per month is governed ...
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Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Three weeks ago, former FED Chair Janet Yellen incepted the idea that during the next crisis, the FED should consider expanding the range of assets it would purchase, most notably buying stocks. Well, thanks to experiments conducted in a Chinese BSL-4...
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WHO Encourages Adoption Of Alternative Greetings

WHO Encourages Adoption Of Alternative Greetings

WHO Encourages Adoption Of “Alternative Greetings” Like The “Elbow Tap” And “Foot Shake” To Fight Coronavirus As humanity struggles to “adapt” to the coronavirus outbreak, which has suddenly introduced a patina o...
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Helicopter money finally lands in Hong Kong

Helicopter money finally lands in Hong Kong

Government Gives Every Adult Citizen HK$10,000. Hong Kong just went full monetary-policy excitation. In a desperate effort to “do something” about the economic collapse that the region is suffering. Hong Kong’s Financial Secretary Paul Cha...
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UK’s Vodafone and Other Telcos Fight for Survival

UK’s Vodafone and Other Telcos Fight for Survival

UK’s Vodafone, Other Telcos Fight for Survival as Indian Government Sends Notice on $20.4 Billion Dues. Vodafone’s global CEO Nick Read said last November that there had been a “very challenging situation for a long time” in India. Almost a...
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Morgan Stanley Buys E-Trade For $13 Billion

Morgan Stanley Buys E-Trade For $13 Billion

Tired of being outmaneuvered by its formidable longtime rival, Goldman Sachs, Morgan Stanley has epically one-upped the Vampire Squid with a deal to buy E*Trade Financial Corp. in what would be the largest takeover by major US bank since the...
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Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant

Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant

Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion Assets Under Management Giant Franklin Resources Inc. announced Tuesday that it has entered into a definitive agreement to acquire Legg Mason, Inc. for $50 per share, or about $4.5 billion, in...
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Xiaomi launched Mi 10 and MI 10 PRO with 108 MPix camera

Xiaomi launched Mi 10 and MI 10 PRO with 108 MPix camera

The Xiaomi Mi 10 Pro is the Chinese manufacturer’s brand-new high-end device, offering premium specs all around, including Qualcomm’s new top-end Snapdragon 865 chipset and a 6.67-inch Super AMOLED capacitive touchscreen display with FHD+ resolution. In t...
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T-Mobile Wins Court Approval for $26.5 Billion Sprint Deal

T-Mobile Wins Court Approval for $26.5 Billion Sprint Deal

T-Mobile US Inc. won court approval for its $26.5 billion takeover of Sprint Corp., defeating a state-led lawsuit that sought to block the industry-altering wireless deal. Shares of Sprint soared 66% to $7.95. The decision by a district judge in Manhattan...
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15,000 years old carvings of scores of animals unearthed in Spanish cave

15,000 years old carvings of scores of animals unearthed in Spanish cave

In a discovery that local media have dubbed the ‘Catalan Altamira’, an extraordinary trove of 15,000-year-old carvings, depicting dozens of animals, has been found in a cave in northeast Spain’s Tarragona region. Around 100 carvings of animals including ...
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Gasmaggedon sweeps over global gas market

Gasmaggedon sweeps over global gas market

China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. Shipments of oil and gas are backing up at Chinese ports, which is creating ripple effects across the world....
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India Announces $40 Billion Emergency Fiscal Injection

India Announces $40 Billion Emergency Fiscal Injection

India Announces $40 Billion Emergency Fiscal Injection As Economy Plunges.  India’s economy is rapidly decelerating and could be headed for a financial crisis. As an emergency response to plunging growth rates and falling energy consumption, along with ...
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