A digital watchdog has discovered spyware linked to the Israeli hacking company NSO Group, which exploited a software flaw in Apple devices. The University of Toronto’s Citizen Lab said in a statement that it had found the bug while inspecting the Apple device of a staffer…
North Korea Launched New Tactical Nuclear Attack Submarine
Pyongyang says it has nuclear-tipped missiles which are capable of being fired underwater. State media descriptions have said it has ten total missile launch tubes, with four bigger than the others. The sub will next undergo sea trials. “We are full of…
Pfizer Own Documents Show COVID-19 Vaccines Contain Potentially Harmful ‘Modified’ RNA, Not mRNA
According to Pfizer and BioNTech’s COVID-19 vaccine label in the FDA’s Fact Sheet for Healthcare Providers, each Pfizer vaccine dose for children ages 5 through 11 contains 10 micrograms (mcg) of modRNA, while fully-approved Comirnaty authorized for use in individuals…
Lamborghini reveals the Lanzador EV, its first 100% EV
Lamborghini’s Lanzador EV concept has over one megawatt of peak power. The Lanzador was officially unveiled Friday, showing the purely electric car in its full. Lamborghini says the concept introduces a high-ground-clearance GT with 2+2 seating. Lamborghini’s first electric supercar…
Bitcoin Plunged 11% As Investors Pull $1 Billion From Crypto
Desperately slow empty shell Bitcoin with 2.7 TPS performance collapsed below $26,000 Friday afternoon as more and more dumb folks realized that the inventor(s) of Bitcoin never collected billions of dollars worth of revenue, suggesting that the indications of Bitcoin…
China becomes world’s No.1 maritime fleet owner
China has overtaken Greece as the world’s largest maritime fleet owner in terms of gross tonnage (GT), global shipping information provider Clarksons Research said on Saturday. Greece held that position for a decade, but China’s position as the world’s manufacturing…
US will maintain restrictions on $6 billion in seized Iranian assets
Washington will have “full visibility” on where the money is directed, the White House said. The United States will maintain restrictions on $6 billion in seized Iranian assets set to be released as part of a prisoner swap deal, under…
OPEC’s oil production fell to 27.31 million BPD
OPEC’s oil production fell to 27.31 million barrels per day in July, an 836,000 bpd decline from a month earlier. The decline was largely a result of Saudi Arabia delivering on its 1 million barrels per day production cut. Libya…
PayPal Launches PYUSD – USD-Backed Stablecoin For Payments Purpose
American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully backed by United States dollar deposits, short-term Treasuries and similar cash equivalents. The…
Risk Warning: Increased Risk of Decline in Capital Markets
As has been my standard since September 1998, I publicly warn in advance of the increased risk of a decline in capital markets. And now this situation has come again. What are the current reasons? 1. Stocks in general are…
Wells Fargo customers report missing deposits
Deposits disappear from Wells Fargo accounts. For the second time this year, Wells Fargo acknowledged that deposits were not showing up in customers’ accounts. In an emailed statement Friday morning, a Wells Fargo representative said the issue was affecting a…
Germany’s Uniper To Invest $8.8 Billion In Green Energy
German energy giant Uniper, which was bailed out by the government last year, pledged on Tuesday to invest more than $8.8 billion (8 billion euros) in green energy by 2030 as it looks to become a greener energy provider faster than previously…
NHTSA Wants 58 MPG Fuel Efficiency Standard By 2032
National Highway Traffic Safety Administration (NHTSA) announced a proposal to require raising fuel economy standards to 58 miles per gallon. The proposal, from the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), would aim for a respective 2% annual…
Boeing To Increase Production Rates Of 737 MAX And 787 Jets
Boeing aims to produce at least 50 MAX variants per month by 2025 and is confident in the coordinated supply chain’s ability to deliver on this goal. The Renton plant in Washington state will see an increase in narrowbody production,…
Ford set to loses $4.5 billion on EVs
Ford Motor Company announced it is projected to lose a staggering $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results. The U.S.-based automaker’s EV division, called “Ford…