FireEye and US Treasury Department hacked, Russia blamed
FireEye and US Treasury Department hacked, Russia blamed Security consulting company FireEye has been hacked and their “Red Team” tools, which was their proprietary intrusion detection and testing toolkit has been stolen. In a blog post about the incident the company attributed the breach to a highly skilled nation state actor possessing “world class capabilities.” FireEye’s […]
Austria bucking Trend Against Digital Currency
Austria bucking Trend Against Digital Currency The Austrian National Bank has started an information campaign to support cash. It remains to be seen whether it is on a collision course with the ECB. There will be rising resistance to this scheme to eliminate paper money and force everyone into a digital currency. I would expect you will see […]
To The Breaking Point
To The Breaking Point If you thought fundamentals, valuations and earnings growth matter the joke is on you. In 2020 central banks have managed to do the unthinkable: Not only once again save investors from any damage in markets, but they intervened to such a degree that negative earnings growth is now the stuff of […]
Musk: Electric Cars Will Require a Lot More Electric Power Than We Currently Have
Musk: Electric Cars Will Require a Lot More Electric Power Than We Currently Have AP Feed Tesla CEO Elon Musk says we’ll need more electricity to power cars like his. A lot more. Tesla Chief Executive Elon Musk said on Tuesday that electricity consumption will double if the world’s car fleets are electrified, increasing the need […]
PATRICK LAWRENCE: Empire with a Human Face
PATRICK LAWRENCE: Empire with a Human Face The Biden people are unlikely to speak of a new cold war with China, but they appear likely to wage one all dressed up as a sophisticated trans–Pacific strategy. A portion of China’s Great Wall at dawn. (Hao Wei, Flickr, CC BY 2.0) Those boneheaded Trump people explained […]
The Oil Refinery Crisis Will Worsen This Winter
The Oil Refinery Crisis Will Worsen This Winter It was only to be expected that many of the world’s refiners would be pinched between low demand for finished products and rising inventories as the pandemic lockdowns continue to stifle activity. But the warm December that is expected this year is also threatening finished products demand. And […]
Agroecology or Collapse Part III – Reclaiming the ‘archaic’, ‘anarchic’, and ‘utopian’ as the language of food system transformation
Food distribution in Rio de Janeiro during the pandemic. Source: AS-PTA. Agroecology or Collapse Part III – Reclaiming the ‘archaic’, ‘anarchic’, and ‘utopian’ as the language of food system transformation Agroecology is a struggle to overcome industrial agriculture and is simultaneously a practice, a science, and a movement. Detractors often criticize Agroecology saying it is archaic, […]
Privacy Commissioner Launches Investigation of RCMP Internet Unit
Privacy Commissioner Launches Investigation of RCMP Internet Unit The probe comes after Tyee reports on Project Wide Awake and web spying. Here are some questions to pose to the force. A series of Tyee reports unmasking social media spying efforts by the RCMP spurred NDP MP Charlie Angus to call for a federal investigation. Illustration by […]
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline?
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline? Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback. Back in the early days of the oil industry (1880s and 1890s), the […]
The Case For a Pardon of Edward Snowden by President Trump
The Case For a Pardon of Edward Snowden by President Trump The real criminals are those he exposed: the security state officials who illegally and unconstitutionally spied on innocent people by the millions, and who still do so. Edward Snowden speaks via video link at a news conference for the launch of a campaign calling […]
Preparing For The Next Meltdown
Preparing For The Next Meltdown Summary In preparation for uncertain times, it’s rational to search for stocks that are more stable and reliable when the chaos arrives. During this search, some stocks can look safe and secure, yet they have hidden issues that put investors at risk. Still other times, some stocks appear to have […]
