Editors’ Picks – Page 53

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 crisis, Ford and 3M’s...

25. 3. 2020 No Responses

Key Points of $2 Trillion Stimulus Package

While it will take some time to sort through all the pork contained in the massive $2 trillion coronavirus legislation negotiated between the Trump administration and Congressional leaders early Wednesday, here are some of the major provisions. The bill &#8211...

24. 3. 2020 No Responses

Dems $2.5 Trillion Counterproposal Includes Delays For Mortgage, Auto, And Credit Card Payments

The $2.5 Trillion economic stimulus plan unveiled by House Speaker Nancy Pelosi (and which is ‘on the 5 yard line’ according to Senate Majority Leader Mitch McConnell) will have significant implications for the financial sector – forcing l...

23. 3. 2020 No Responses

Dems Unveiled $2.5 Trillion Stimulus Counterproposal

House Democrats Unveil $2.5 Trillion Stimulus Counterproposal, $1.5k Direct Payment per Person. The new Democrat counterproposal will equate to nearly $2.5 trillion, including a $1,500 direct payment to citizens. It will include $150 billion in healthcare fund...

21. 3. 2020 No Responses

Boris, Don’t Listen to Sir Vallance and Tim Martin!

Boris Johnson appeared at a press conference flanked by England’s chief medical officer, Professor Chris Whitty, and the government’s chief scientific adviser, Sir Patrick Vallance. Boris Johnson wanted the UK to know the nation’s best experts – and i...

20. 3. 2020 No Responses

Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

Cuomo Orders 100% Of New Yorkers To Stay Home. The morning after California laid out the most restrictive measures to combat the virus in the US, NY Gov. Andrew Cuomo on Friday laid out new measures for New York State...

19. 3. 2020 No Responses

Lufthansa to Cut 95% of Flights

Lufthansa to cut 95% of the fleet in survival mode. Three of the world’s leading airlines laid bare the devastation the epidemic is inflicting on air travel, with Deutsche Lufthansa AG and Delta Air Lines Inc. parking a total of 1,500...

18. 3. 2020 No Responses

Boeing Seeks “A Minimum $60 Billion” Government Bailout

Aerospace giant Boeing seeks “a minimum $60 Billion” government bailout after fully drawing-down $13 Billion credit line. This bailout demand comes after the company blew nearly $100 billion on stock buybacks since 2013helping push its stock to...

17. 3. 2020 No Responses

IATA: Airlines Urgently Need $200B In Capital

Global airlines running out of cash, need government support. Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on...

16. 3. 2020 No Responses

Global Liquidation Continues Despite Massive Monetary Intervention

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program i.e. QE5. US Futures were halted limit-down overnight, and when cash markets opened, they were halted (down over 7%) before rallying all the way back up...

14. 3. 2020 No Responses

Spain And France Declare Lockdowns, Berlin Shuts Museums And Brothels

Spainish impose 15-day lockdown effective immediately. France announces national lockdown. Berlin shuts museums, bars and even brothels, in tough crackdown on virus spread. Spanish Prime Minister Pedro Sanchez has signed the emergency decree Spain under an I...

12. 3. 2020 No Responses

FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

After increases in its repo facility twice already this week, from $100billion to $150billion to $175billion per day, and adding added a new 1-month term repo facility, the New York Fed just stunned the market and fired its biggest bazooka...

11. 3. 2020 No Responses

Wikipedia demasked as political disinformation instrument

Wikipedia is generally thought of as an open, transparent, and mostly reliable online encyclopedia. Yet upon closer inspection, this turns out not to be the case. In fact, the English Wikipedia with its 9 billion worldwide page views per month is governed ...

10. 3. 2020 No Responses

75 years ago there was a most destructive air raid of WWII on Tokyo

Early in the morning of March 10, as the Japanese slept in their low-rise, wooden homes, the first bombers over Tokyo started five sets of marking fires, smaller strikes for the rest of the bomber force to aim it. Between...

9. 3. 2020 No Responses

Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

When two black swans collide and third is en route. Folks, it is just warm-up lap. $2.5 Trillion wiped out as world stocks crash most since 2008. Bank of America, Citigroup, Deutsche Bank, Commerzbank down 14 percent, British Petroleum crashed...

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