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“The US Will Bear Responsibility”: China Furious After US Sanctions Beijing For Buying Russian Weapons
“The US Will Bear Responsibility”: China Furious After US Sanctions Beijing For Buying Russian Weapons It has been barely two weeks since China joined Russia in the “Vostok” war games, the largest display of Eurasian military might since 1981 when the Soviet Union was still a global superpower, and already the US has found an […]
Leveraged Loan Demand Is Off The Charts As Dangers Mount
Leveraged Loan Demand Is Off The Charts As Dangers Mount Ten years after the crisis, demands for leveraged loan offerings is once again off the charts. Portfolio managers who are seeking rising yields as the Federal Reserve hikes rates have shown unprecedented demand for recent deals, despite repeated warnings that they may be buying “at the wrong […]
“Volatility Erupts”: India Rocked By Biggest Market Plunge In 4 Years
“Volatility Erupts”: India Rocked By Biggest Market Plunge In 4 Years Update: IL&FS has confirmed it is unable to service its obligations in respect of interest payment of the Non-Convertible Debentures, which was due on September 21, 2018. The fear of contagion has spread across the banking sector and up into India’s sovereign risk, now […]
The Next Big Geomagnetic Storm Poses An Astronomical Risk To Modern Man
The Next Big Geomagnetic Storm Poses An Astronomical Risk To Modern Man Scientists are concerned about the next significant “space weather” event, which begins at the sun in the center of the solar system. Severe space weather occurs less frequently than traditional weather on Earth but can be more destructive in nature. The sun is […]
Facebook Plans “War Room” And A.I. Software To Prevent Election Meddling Ahead Of Midterms
Facebook Plans “War Room” And A.I. Software To Prevent Election Meddling Ahead Of Midterms Apparently Facebook thinks it’s the US military, or a NATO command center, or perhaps its millennial employees want to relive the 1980’s cult classic “WarGames” movie. Facebook announced Wednesday that it plans to set up a “war room” at its Silicon Valley […]
For The First Time Ever, A Drone Shoots Down Another Drone In Unmanned Air-To-Air Combat
For The First Time Ever, A Drone Shoots Down Another Drone In Unmanned Air-To-Air Combat SkyNet is one step closer to reality. A US Reaper drone shot down another with a missile, the Air Force said on Tuesday. The incident, which took place in November of last year and involved an unmanned target drone, was […]
Albert Edwards: Why The Next Recession “Might Only Be Six Months Away”
Albert Edwards: Why The Next Recession “Might Only Be Six Months Away” SocGen’s Albert Edwards is out with a new note today – one which he says he wasn’t going to write – but felt compelled to do so anyway due to the ongoing rout in the US bond market, which has prompted the following […]
Trump: “The OPEC Monopoly Must Get Prices Down Now!”
Trump: “The OPEC Monopoly Must Get Prices Down Now!” Less than three months after Trump’s latest tweet slamming OPEC, in which he warned the petroleum cartel that “the United States defends many of their members for very little $’s. This must be a two way street. REDUCE PRICING NOW!”… … Trump was at it again […]
Bill Gates: The Threat Of A “Disease X” Global Pandemic Is “Very Real”
Bill Gates: The Threat Of A “Disease X” Global Pandemic Is “Very Real” When it comes to global health policy, Bill Gates has never been known for subtlety. So it’s hardly surprising that his charitable foundation’s latest report on the greatest challenges facing mankind might make some readers want to lock themselves in an indefinite […]
New EU Copyright Law Could Force Online Platforms To Ban Memes Across Europe
New EU Copyright Law Could Force Online Platforms To Ban Memes Across Europe A new law being just passed in European Parliament and in the process of becoming finalized has received scant media attention, but could be nothing short of revolutionary in terms of its lasting impact on the internet, political speech and discourse, and the […]
Nine “Fascinating” Stats About Inflation
Nine “Fascinating” Stats About Inflation In a report on the history (and future) of inflation from Deutsche Bank’s Jim Reid, the credit strategist notes that while it may not feel like it, but we live in inflationary times relative to long-term history. Before the start of the twentieth century prices generally crept higher only very […]
Debt-Laden Canadians Struggling Amid Decade-High Monthly Payments
Debt-Laden Canadians Struggling Amid Decade-High Monthly Payments Canadians are spending more of their monthly budget on servicing debt, according to Bloomberg, hitting highs not seen since late 2008. The household debt service ratio — a measure of the share of income that goes toward paying interest and principal on mortgage, credit card and other types of debt […]
“Resist Everything”: Socialist Within State Department Exposed In Veritas “Deep State” Sting
“Resist Everything”: Socialist Within State Department Exposed In Veritas “Deep State” Sting James O’Keefe and his undercover investigators have once again exposed extreme left-wing activists pursuing a progressive agenda within a position of power – this time infiltrating the State Department. O’Keefe’s team has previously released undercover videos revealing radical leftists at Twitter bragging about “shadow banning” conservatives, […]
Trump Slaps Tariffs On $200BN In China Imports; Will Add Another $267BN If China Retaliates
Trump Slaps Tariffs On $200BN In China Imports; Will Add Another $267BN If China Retaliates With traders waiting with bated breath for hours, moments ago the White House announced that it has imposed tariffs on approximately $200 billion worth of imports from China, effective September 24. The tariffs will start at 10% until the end […]
Russia Threatens “Adequate Response” Against Israel For Downed Plane
Russia Threatens “Adequate Response” Against Israel For Downed Plane Update 4: The Russian Ministry of Defense cleared up the confusion surrounding the overnight downing of a Russian Ilyushin-20 reconnaissance plane on Tuesday when a spokesman revealed that Israel was indeed responsible for the attack, which resulted in the deaths of 15 Russian servicemen. According to […]
