Category: Business

Bank Run Drains $550 Billion In Deposits In One Week
18. 3. 2023 No Responses

Bank Run Drains $550 Billion In Deposits In One Week

It seems that QT Is Essentially Over. The Fed Since 2020: 1. Mar 2020: Inflation won’t be a problem 2. Jan 2021: Inflation is “transitory” 3. Sept 2021: Interest rates won’t rise until 2024 4. Jan 2022: Recession is needed...
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Slovakia Will Send Entire Fleet of MiG-29 Fighter Jets to Ukraine
17. 3. 2023 No Responses

Slovakia Will Send Entire Fleet of MiG-29 Fighter Jets to Ukraine

Slovakia’s government has approved a plan to give Ukraine its fleet of 13 Soviet-era MiG-29 fighter jets. Slovakia’s government on Friday approved a plan to give Ukraine its fleet of 13 Soviet-era MiG-29 fighter jets, becoming the second NATO member coun...
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Massive Downward Reductions In US Shale Oil Output
16. 3. 2023 No Responses

Massive Downward Reductions In US Shale Oil Output

EIA issued the March DPR: A massive downward reductions in US shale oil output.  In the March report, shale oil output from the key plays is reduced by 443,000 bpd for January and 250,000 bpd for February.  If we go...
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Rumour: Hypersonic Missile Kinzhal Destroyed NATO’s Deep Underground Command Bunker in Kiev
15. 3. 2023 No Responses

Rumour: Hypersonic Missile Kinzhal Destroyed NATO’s Deep Underground Command Bunker in Kiev

Note: This is a rumour, unconfirmed by thousands of other media outlets. The Greek portal of political and military information Pronews, citing American sources: A Russian hypersonic missile “Kinzhal” struck at a joint Ukrainian-NATO command and communicat...
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Moody’s Downgrades Entire U.S. Banking System
14. 3. 2023 No Responses

Moody’s Downgrades Entire U.S. Banking System

Late Monday, the credit rating agency, Moody’s, downgraded the entire U.S. banking system outlook to negative from stable. This important message was widely suppressed, as if on orders from agents in command. Ttao’s reaction from Moody’s suggests...
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Banks Plunge, Futures Tumble As Analysts Realizes Latest Bailout Is Insufficient
13. 3. 2023 No Responses

Banks Plunge, Futures Tumble As Analysts Realizes Latest Bailout Is Insufficient

Goldman Sachs calling a pause in the Fed’s hiking cycle, 2Y yields have plummeted a staggering 50bps, suffering the biggest 2-day drop since Black Monday in October 1987. Most US banking stocks cede early gains to trade around flat or...
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The oncoming technological revolution and the resulting consequences
12. 3. 2023 No Responses

The oncoming technological revolution and the resulting consequences

I would like to invite PressClub World readers to LiveStream, where revolutionary zero-emission technology will be presented. This revolutionary technology produces clean electricity 24/365 without any external input. The device will continuously power the hea...
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USDC Depegs From $1
11. 3. 2023 No Responses

USDC Depegs From $1

U.S.-based casual stablecoin USDC issuer Circle held a part of its USDC stablecoin’s cash reserves at Silicon Valley Bank as of Jan. 17, according to the firm’s latest attestation. USDC is the second-largest stablecoin on the market, with a $43 bill...
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Meta is building a decentralized text focused app
10. 3. 2023 No Responses

Meta is building a decentralized text focused app

The social networking giant is reportedly in the early stages of developing an app codenamed P92 that would let users post text-based updates, and it’s going to support Mastodon’s social networking protocol called ActivityPub. Meta confirmed that a...
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Pentagon seeks $300 billion to replenish depleted munitions sent to Ukraine
9. 3. 2023 No Responses

Pentagon seeks $300 billion to replenish depleted munitions sent to Ukraine

The US Department of Defense has planned to seek a huge budget to replenish the arms and munitions the Pentagon sent to Ukraine, where Moscow says it’s fighting a proxy war against Russia.  The Pentagon seeks more than $300 billion...
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Commodity Traders Record $115 Billion In 2022 Profit
8. 3. 2023 No Responses

Commodity Traders Record $115 Billion In 2022 Profit

According to a new report from Oliver Wyman, commodity traders saw record gross margins of about $115 billion last year. According to the report, industry gross profit margins have roughly tripled from $36 billion in 2018, with those of independent...
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Iran discovered world’s second-largest lithium deposit
6. 3. 2023 No Responses

Iran discovered world’s second-largest lithium deposit

Iranian officials claimed to have found a deposit containing 8.5 million metric tons of lithium ore in the country’s Hamedan Province. Lithium is a crucial raw material for the production of batteries, used in all kinds of electronic devices, from...
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Central Banks Around The World Are Suffering Heavy Losses
5. 3. 2023 No Responses

Central Banks Around The World Are Suffering Heavy Losses

Central bank balance sheets, bloated by a decade of monetary manipulation, now yield less than overnight interest rates. That gap is producing staggering losses for the very same central bankers responsible for creating it. One such example: The German Bundes...
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Update: On March 13, the revolutionary clean energy technology will be presented in LiveStream
13. 2. 2023 No Responses

Update: On March 13, the revolutionary clean energy technology will be presented in LiveStream

The revolutionary zero-emission energy technology, whose origins date back to 1994, will be presented in February via LiveStream transmission from the Rome laboratory. The new technology works 24/365 non-stop and does not need sun or wind. It does not burn...
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$28.8 Billion Worth Adidas Projects Major Losses in Revenue
12. 2. 2023 No Responses

$28.8 Billion Worth Adidas Projects Major Losses in Revenue

Adidas is suffering after bidding goodbye to Kanye West. The brand and the celebrity majorly uplifted each other with their Yeezy collaboration, which began in 2015. The partnership became super successful, making billions of dollars in revenue, which came to...
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