US Navy’s new Constellation-class frigate

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 roundtable with reporters...
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Pelosi Is Officially Launching Second Trump Impeachment

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

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

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

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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First Boeing 737 Max airliner takes to the skies

First Boeing 737 Max airliner takes to the skies

Yes, almost 2 years after jet’s worldwide grounding, The first commercial flight on Boeing’s controversial 737 Max jet left Miami aitport for New York’s LaGuardia Airport today morning, almost two years after the aircraft was grounded world...
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Global Investment Banks Rake In $125 Billion In Underwriting Fees

Global Investment Banks Rake In $125 Billion In Underwriting Fees

The global capital markets business, such as equity and debt sales, has erupted during the pandemic, comes at a time when central banks have never been so dovish as asset valuations are considered “stretched.” Since March, global monetary authoriti...
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What’s Inside The $900BN Stimulus Bill

What’s Inside The $900BN Stimulus Bill

Briefly: Billions for corporations, $600 for peasants. With the latest, $900 billion covid-stimulus deal now done, attention turns to what’s actually in it. First: the good news – the bill will include a fresh round of benefits for small businesse...
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Stock Broker Robinhood Financial fined $65 million by SEC for misleading users

Stock Broker Robinhood Financial fined $65 million by SEC for misleading users

Robinhood Financial has been fined $65 million for misleading its stock market customers about how the company makes its revenue from their trades, the Securities and Exchange Commission said Thursday. The SEC fine comes one day after regulators in Massachus...
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Coinbase Files For IPO

Coinbase Files For IPO

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Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035 That Would Outperform F-35 And Chinese Fighters. Last week, Japan’s Nikkei newspaper revealed new details of Tokyo’s ambitious plans to domestically develop a sixth-generation F-X s...
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European Bond Market Disappears As ECB Takes Over

European Bond Market Disappears As ECB Takes Over

Back in 2015 alter media published an article titled “The IMF Just Confirmed The Nightmare Scenario For Central Banks Is Now In Play” which referenced an IMF research report which found that in a few years time, pervasive QE would...
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AstraZeneca agrees to buy Alexion for $39 billion

AstraZeneca agrees to buy Alexion for $39 billion

AstraZeneca agrees to buy rare disease firm Alexion for $39 billion. Subject to shareholder approval and certain regulatory clearances, the companies expect the deal to close in Q3 2021. The combined company is set to generate ~$500M of recurring run-rate of....
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AAA-Rated Chinese State-Owned Coal Miner Defaulted

AAA-Rated Chinese State-Owned Coal Miner Defaulted

Sudden Default By AAA-Rated Chinese State-Owned Coal Miner Sends Shockwaves Across Markets,  Something unexpected happened in China last week and it triggered a shockwave across Chinese bond markets. The abrupt 1 billion yuan ($151 million) bond default on Fr...
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Airbus and Boeing Report October 2020 Orders

Airbus and Boeing Report October 2020 Orders

Boeing and Airbus delivered 13 and 72 commercial jets in October 2020, compared to 19 and 76 deliveries, respectively, in the same month last year. For Airbus, the month of October was the strongest since the COVID-19 pandemic began. With...
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