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…
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 country to…
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…
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 communications center. According to…
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 that Moody’s has…
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…
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 headlamp for the next few years…
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 billion circulating supply…
Iran and Saudi Arabia agree to resume relations
Iran and Saudi Arabia have reached an agreement in the Chinese capital of Beijing to restore their diplomatic relations and re-open embassies and missions, seven years after their ties were broken off over several issues. The agreement was struck on Friday…
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 decentralized social…
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…
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…
UN Secretary-General Guterres : Palestinians are ‘living in hell’ under prolonged Israeli occupation
Secretary-General of the United Nations Antonio Guterres says Palestinians are suffering and “living in hell” under the prolonged occupation of the Israeli regime, as tensions are high in the occupied West Bank after Israeli settlers set dozens of Palestinian homes and cars…
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…
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 Bundesbank is…