Lamont Traeger – Page 17 – PressClub World

15. 5. 2020 No Responses

Trump Threatens Local Companies Like Apple With Extra Taxes If Manufacturing Stays Overseas

Trump is planning to implement new taxes on American companies that manufacture their products abroad, like Apple. According to Donald Trump, taxation is an incentive – if the companies don’t want to pay extra, they have to move their manufacturing at...

12. 5. 2020 No Responses

About The Future of U.S. Shale

A number of analysts is actually talking such hot theme – How U.S. shale can survive the oil crash? The question regarding whether we have reached peak oil demand is a pressing concern for U.S. upstream activity. U.S. tight oil’s current...

11. 5. 2020 No Responses

Apple Is Shifting A Fifth Of iPhone Production From China To India

One reason why the global economy will never be the same after the pandemic is long forgotten, is that supply-chains – which have been in place for decades, taking advantage of China’s cheap labor costs and keeping global inflation in...

7. 5. 2020 No Responses

German scientists find antibodies that block coronavirus from spreading further

Scientists have detected an antibody that blocks the coronavirus from entering cells, providing a much-needed shield for severely ill patients. While not a cure or vaccine, it is still a significant development. “This is clearly a breakthrough that shows tha...

5. 5. 2020 No Responses

Failed American Invasion Attempt In Venezuela

An astounding and unexpected development which is about to launch US regime change efforts in Venezuela straight back into the headlines. The Maduro government says it has captured two Americans who were leading a ‘Rambo-style’ armed coup effort. ...

2. 5. 2020 No Responses

France extends health emergency until July 24

France extends health emergency until July 24 as Europe mulls lifting lockdown restrictions. France’s minister of health has announced an extension of the public health state of emergency until July 24. The country was placed under emergency on March 24...

1. 5. 2020 No Responses

Exxon Posts First Loss in Three Decades

Exxon Mobil Corp. took a $2.9 billion writedown in the first quarter, resulting in a $610 million loss. The company’s earnings fell 126 percent in the first quarter ended March 31, down from the $2.4 billion profit it reported a year ago....

27. 4. 2020 No Responses

Break-even Oil Prices for 2020, Driller Diamond Offshore Filed for Bankruptcy

A sharp drop in oil prices adds to rating pressures for oil-exporting Middle East and Africa (MEA) sovereigns with vulnerable public and external finances, says Fitch Ratings. A slump in tourism, weakening demand for non-oil exports, and financial volatility a...

24. 4. 2020 No Responses

Lysol Maker Begs Public Not To Inject Its Cleaning Products After Dangerous Trump Advice

During last night’s press briefing, President Trump made some dangerous remarks about a new treatment involving ‘sunlight’ and ‘bleaching’ of the lungs to combat the virus. It appeared that during Thursday night’s presser, T...

19. 4. 2020 No Responses

Oil Glut – At Least 160 Million Barrels Are Held in Tankers

At Least 160 Million Barrels Are Held in Tankers Amid Lack of Onshore Storage. The pandemic and related self-isolation measures have triggered a massive fall in global demand for oil. Traders are now struggling to find storage space for excess...

17. 4. 2020 No Responses

Scientist Who Discovered HIV Says: “COVID-19 Could Only Have Been Created In A Lab”

As the mainstream media and politicians begin to raise or admit the possibilities that the source of COVID-19 was likely a lab in Wuhan (accidentally leaked or otherwise) – something we first brought to the world’s attention in January before b...

14. 4. 2020 No Responses

US deficit to soar to record $3.8 trillion in 2020

US deficit to soar to record $3.8 trillion in 2020, budget watchdog group Committee for a Responsible Federal Budget says. A steep economic downturn and massive coronavirus rescue spending will nearly quadruple the fiscal 2020 US budget deficit to a record...

6. 4. 2020 No Responses

Emerging Markets After $18 Trillion Global Equity Wipeout

Emerging market stocks trade at record 65% discount to U.S. after $18 trillion global equity wipeout. The global financial rout triggered by the pandemic wiped $18 trillion off global equity markets in the year to date, and emerging markets, in...

2. 4. 2020 No Responses

Oil rallies 24 to 36% within minutes after Trump says he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

Saudis and Russia deny every Trump’s word. Brent oil shoot up 36% (temporary) and West Texas up 24% This was the most expected market event amongst commodities traders. The President later said in a tweet that a production cut would be...

27. 3. 2020 No Responses

The Real Reason for The Rescue: JPM and Citi Have $2.96 Trillion in Exposure to CDS

JPMorgan Chase and Citibank Have $2.96 Trillion in Exposure to Credit Default Swaps. According to the most recent report from the regulator of national banks, the Office of the Comptroller of the Currency (OCC), JPMorgan Chase has exposure to $1.2 trillion i...

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