Lira Crashes To All Time Low

Lira Crashes To All Time Low

Turkey’s Central Bank cut its one-week repo rate by 200bps, from 18% to 16%, double what consensus expected (15 of 26 economists in Bloomberg’s survey expected 17.00%, with the rest expecting a 50bps cut), arguing inflation is “transitory” if adding that...
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Emerging World Hands Dems A $750 Billion Bill For Climate Change

Emerging World Hands Dems A $750 Billion Bill For Climate Change

According to WSJ, the made-for-camera moment happened at a global climate summit in July, when there were no cameras around, when Kerry was handed what the paper described as “a bill” for aiding the developing world in its shift away from fossil....
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Pentagon Faces Class-Action Lawsuit Over Vaccine Mandates

Pentagon Faces Class-Action Lawsuit Over Vaccine Mandates

Service members from all five branches of the U.S. military, federal employees, and federal civilian contractors have joined in a class-action lawsuit against the Department of Defense over its COVID-19 vaccine mandates. The 24 plaintiffs “face a deadline ...
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Phoenix Home Prices Up Over 32% YoY

Phoenix Home Prices Up Over 32% YoY

  Supporting the vicious cycle of soaring home prices pushing homebuyer confidence to record lows, July Case-Shiller Housing data (the latest available) showed yet another record pace of increase in home prices. The broad HPI rose 19.70% YoY (a record) a...
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Real Semites: No Return To Peace Talks Under US Leadership

Real Semites: No Return To Peace Talks Under US Leadership

Senior Palestinian official Azzam al-Ahmed said that any future peace talks with so-called “Israel” will be based on an international peace conference. The Real Semites i.e. Palestinians are opposed to a return to the peace negotiations with so-cal...
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Taiwan Reports Zero COVID Cases

Taiwan Reports Zero COVID Cases

Taiwan Reports Zero COVID Cases For First Time Since Outbreak Began In May As COVID cases surge in Vietnam, Thailand, Malaysia and other countries across East Asia, Taiwan on Saturday achieved another milestone in its battle with COVID: zero new...
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Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

While most sellside analysts and strategists are throwing in the towel as the market continues its relentless meltup (one which according to Goldman is becoming increasingly “painful” for the bank’s institutional clients most of whom have ...
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US West Coast Port Congestion At Record High

US West Coast Port Congestion At Record High

US West Coast Port Congestion At Record High Amid Transpacific Trade Route Disruptions Peak shipping season is underway, and container ships anchored off California are on the verge of record congestion. New data from Marine Exchange of Southern California &a...
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America’s $800 Million Kabul Embassy To Be Abandoned

America’s $800 Million Kabul Embassy To Be Abandoned

America’s $800 Million Kabul Embassy To Be Abandoned – No Troops Will Guard It The initial Biden plan for the complete US troop draw down from Afghanistan was to authorize a security force of some 600 Marines to guard the massive...
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Syrian air defenses downed 22 Khazarian missiles fired from Lebanese airspace

Syrian air defenses downed 22 Khazarian missiles fired from Lebanese airspace

Syria’s air defenses shot down 22 of 24 Khazarian missiles fired during recent air raids near Damascus, the Russian military said. Launched from Lebanese airspace, the strikes have prompted vocal objections from officials in Beirut. “On August 19, 2021, si...
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Il-112V prototype military transport aircraft crashes

Il-112V prototype military transport aircraft crashes

A prototype military turboprop transport aircraft Il-112V made by Russia’s Ilyushin has crashed during a test flight, killing three people who were on board. A video of the incident shows the plane’s right engine flaming out before the aircraft tilts...
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Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

In continuing one of the largest government subsidized shifts to the auto industry ever forced upon manufacturers and customers, the Biden administration is now reportedly targeting 2030 to have 50% of the auto fleet on the road electric. On Thursday...
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Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’

Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’

Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’ According To Large-Scale UK Study. Over 190 million people have officially contracted SARS-CoV-2, the virus which causes Covid-19. Of that, the vast majority have recovered –...
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Infrastructure Bill Mandates Drunk-Driver Detectors For New Cars

Infrastructure Bill Mandates Drunk-Driver Detectors For New Cars

The $1 trillion infrastructure bill – a bipartisan 2,702-page bill that has been locked in negotiations for months between Democrats and Republicans will mandate all new vehicles must have the technology to detect drunk drivers and alert systems to ch...
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US Hits 70% Vaccination Rate A Month Behind Schedule

US Hits 70% Vaccination Rate A Month Behind Schedule

US Hits 70% Vaccination Rate A Month Behind Schedule As Delta Continues To Surge. The United States on Monday hit President Joe Biden’s goal of administering at least one dose of a COVID-19 vaccine to 70 percent of American adults—a...
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