Editors’ Picks – Page 50

16. 4. 2020 No Responses

Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe And Social Distancing Sunbathing This Summer

Once the quarantine is over, there will be time to explore and observe how society has evolved rapidly. Well, by the time everyone makes it out of the house this summer, we all might be ushered back into quarantine by...

15. 4. 2020 No Responses

SoftBank Reports Stunning $25 Billion Q1 Loss

In an announcement that should surprise absolutely nobody who has been paying attention to WeWork fiasco, SoftBank announced in a corporate filing on Monday that the Japanese telecom conglomerate with a VC arm expected to report the biggest loss in...

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...

11. 4. 2020 No Responses

FED To Start Buying Junk Bonds

As free markets are actually dead, back on March 23, when the Fed unveiled it would start buying investment grade corporate bonds, many analysts said “now that the Fed is effectively all in, it will buy stocks and junk bonds next.” Two weeks...

9. 4. 2020 No Responses

Schedule of the delayed OPEC+ webinar

The delayed OPEC+ webinar on Thursday will arguably be the most important gathering of ministers to date, with countries outside OPEC+ also poised to potentially tune into the discussions, thus presenting scope for coordinated action. The meeting is due to...

7. 4. 2020 No Responses

EU approves food made from worms & insects

As Vietnam bans export of rice and India on total lockdown, food crisis is not so distant probability. EU plans to drop rules preventing some countries from serving up insects and worms for human consumption. I know that getting a...

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...

4. 4. 2020 No Responses

Talmudist Hacker Who Took Down Telecoms, Banks And The Whole Country

Daniel Kaye, 29, a dual British and Israeli citizen, used 1.5 million security IP cameras to attack Lloyds Banking Group, Barclays Bank and Deutsche Telecom, and attempting to blackmail them. This Talmudist sociopath later took down the whole country – ...

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...

1. 4. 2020 No Responses

Ford Is Delaying North American Production Indefinitely

There are basically no U.S. auto sales right now. With what are sure to be ugly March sales numbers looming, Ford has now decided it is cancelling plans to re-start production in the U.S. and Mexico over the next two...

31. 3. 2020 No Responses

Some political action is expected on the US oil market

Insider circles report that president Trump’s administration is considering many different ideas to save the US oil industry. One option is an import embargo. Another interesting option is fee on imported oil, which is the cheapest way to save the sect...

30. 3. 2020 No Responses

Pentagon moves the backup HQ to the bunkers

Pentagon Orders Essential Staff To Deep Underground Mountain Bunkers in Colorado As Pandemic Prep Escalates. North American Aerospace Defense Command (NORAD) & the US’ Northern Command (NORTHCOM) held a Facebook Live town hall meeting on Tuesday, M...

29. 3. 2020 No Responses

Bailouts for the Rich, the Virus for the Rest of Us

For the second time in a generation, the President and Congress are creating an artificial economy under the guise of ‘saving the economy.’ Through bailouts for the executives of corporations and institutions whose coffers have been emptied for their own.....

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...

26. 3. 2020 No Responses

Ford and 3M Designers Making Respirators Out of F-150 Seat Coolers

Ford and 3M Designers Go MacGyver, Making Respirators Out of F-150 Seat Coolers, Power Tool Batteries and Pool Supply Hoses. Their creative collaboration combines off-the-shelf components with digital fabrication and ingenuity. To help fight the COVID-19 crisi...

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