China and Iran have negotiated a strategic partnership. Iran’s foreign minister Mohammad Zarif paid a visit to his Chinese counterpart Wang Li at the end of August to present a road map for the China-Iran comprehensive 25 years strategic partnership. The central…
Negative Interest Rates Threaten The Entire Financial System
The End Is Unforeseeable. Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely…
The Myth Of The World’s Hottest Electric Car Market
Norway has been hailed as a model for electric vehicles adoption with EV sales exceeding 57% of new car sales in June of this year. This accomplishment stands at odds with the rest of the world, where despite substantial subsidies, EV sales…
America’s Wealth Hinges on Its Ability to Borrow Big – or Else
The U.S. economy is consistently ranked among the world’s strongest. But cut off its addiction to debt and exhaust its gold and currency reserves, and a very different picture would emerge. The nation’s health as measured by gross domestic product…
France scraps plans for 4th-gen nuclear reactor
After €730mn in investment, France scraps plans for 4th-gen nuclear reactor. The French nuclear agency says it axed plans to build a prototype fast-breeder nuclear reactor – at least for the foreseeable future – after spending over a decade and…
Diamonds Are Forever, Nevertheless Sales Aren’t
Diamonds sector crisis – De Beers sales crashed 44% as demand plummets. The Financial Times states that De Beers’, the world’s largest diamond miner, has seen a collapse in sales this month, as the entire industry is on the brink of a downturn amid…
Water droplets spontaneously produce hydrogen peroxide
Stanford chemists discover water microdroplets spontaneously produce hydrogen peroxide. Despite its abundance, water retains a great many secrets. Among them, Stanford chemists have discovered, is that water microdroplets spontaneously produce hydrogen peroxide. Water is everywhere on Earth, but maybe that…
Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency
China’s central bank (PBoC) will launch a state-backed cryptocurrency and issue it to eight institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as…
Lebanese President Michel Aoun and Iraqi Officials: “Israeli Attacks Are Declaration Of War”
Picture: A map of Khazaria Empire – the true fatherland of Khazars and international Khazarian murderers. Capital of Khazaria was Itil, not Jerusalem. Lebanon’s Christian President Announces Israeli Attacks Are “Declaration Of War” and Iraqi Officials Say Israeli Strikes Are…
Huawei launches A.I. chip as it looks to defy US pressure, pitting it against Qualcomm and Nvidia
Huawei announced the commercial availability of an artificial intelligence (AI) chip Friday, pitting it against major American giants like Qualcomm and Nvidia, as it looks to defy continued U.S. pressure and prove it can still bring out core technology. The…
German Press: Volkswagen Preparing Tesla Acquisition
Elon Musk may have finally secured some of that precious financing he once claimed to have secured (roughly one year ago), though, according to a report in German business magazine Manager, things didn’t turn out quite like he had hoped….
Mercedes caught spying on drivers with secret tracking devices
Daimler, i.e. Mercedes-Benz has found itself at the center of an apparently illegal spying operation, following reports that it installed tracking devices on thousands of vehicles and shared customer location data with third parties. According to the Sun, Mercedes-Benz fitted secret…
Aramco second round: Select Lazard, Moelis for World’s Biggest IPO
Lazard just sent dealmakers from London, Paris, Houston to pitch. Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering, people with knowledge of the matter…
Oldest Porsche fails to sell after auction’s bizarre $70 million mistake
The sleek Type 64 was built by Ferdinand Porsche and his son, Ferry, between 1939 and 1940, years before their namesake company was registered in 1946. It was intended for a race that was planned between Berlin and Rome, but…
Boeing Delays Ultra Long Range 777X
This has the potential to be yet another big blow to Boeing. Boeing has revealed that they’re delaying the introduction into service of an ultra long range version of the 777X. It goes without saying that Boeing is dealing with quite a…