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“TMX Market Incident”: All Toronto Stock Exchange, TMX Systems Down, Will Not Reopen Friday
“TMX Market Incident”: All Toronto Stock Exchange, TMX Systems Down, Will Not Reopen Friday UPDATE: The Toronto Exchange will not be opening for the rest of the day as per the latest exchange update: TMX has decided to shut down all markets for the remainder of the day. Trading will not resume today, including market […]
“Canada Is In Serious Trouble” Again, And This Time It’s For Real
“Canada Is In Serious Trouble” Again, And This Time It’s For Real Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that “Canada is in serious trouble” mostly as a result of its overreliance on its frothy, bubbly housing sector, but also due to the fact that unlike the […]
Israeli Defense Minister: “The Iranian Regime Is In Its Final Days”
Israeli Defense Minister: “The Iranian Regime Is In Its Final Days” Israel’s Defense Minister says Iran is on the brink of economic and military collapse, and that Israel will attack Tehran “and destroy every Iranian military outpost in Syria threatening Israel,” according to Arab-language publication Elaph and reported by Israeli media Thursday. “They know that the […]
Worldwide Wine Output Collapses To 60-Year Low, Sparks Fears Of Major Shortage
Worldwide Wine Output Collapses To 60-Year Low, Sparks Fears Of Major Shortage The Director-General of the International Organization of Vine and Wine (OIV), Jean-Marie Aurand, presented breathtaking information on the collapse of global wine production, assessment of the worldwide harvest, and the state of the overall wine industry at the organization’s headquarters in Paris on Wednesday. During the […]
Taiwan To Simulate Chinese Invasion In Live-Fire Military Drill Starting Next Week
Taiwan To Simulate Chinese Invasion In Live-Fire Military Drill Starting Next Week As concerns about nuclear war with North Korea wane, Taiwan is reminding the world that its own relations with Beijing have been progressively deteriorating; to do that the small island nation will simulate a response to an “invading force”, along with using civilian […]
ECB Capitulates On Defusing Eurozone’s “$1 Trillion Ticking Time Bomb”
ECB Capitulates On Defusing Eurozone’s “$1 Trillion Ticking Time Bomb” In late 2017, the ECB surprised central bank watchers, briefly spooked markets, and angered many Italians, with its plan to eradicate what many have dubbed the “ticking time-bomb” at the heart of the Eurozone, namely the roughly $1 trillion in non-performing loans across European banks […]
Eric Peters: “China’s Best Play Is To Let The US Stock Market Crash”
Eric Peters: “China’s Best Play Is To Let The US Stock Market Crash” As excerpted from the latest Weekend Notes from One River CIO, Eric Peters. “China’s best play is to let the US stock market crash,” said the CIO. “Trump is right, they can’t win a trade war.” So they won’t try. “But Xi […]
Iran Officially Switches From Dollar To Euro
Iran Officially Switches From Dollar To Euro Just two weeks after “panic” hit the streets of Tehran as the Iranian government attempted to ‘fix’ the freefall of the Rial against the USDollar… Middle East Monitor reports that Iran’s feud with the US is set to get worse after Tehran announced this week that it will […]
Putin Warns Russian Students Living In Britain: “Come Home Immediately”
Putin Warns Russian Students Living In Britain: “Come Home Immediately” Facing the “noticeable negative impact of Russophobic attitudes,” Russian authorities have launched a campaign aimed at bringing home young people studying in the UK and other Western countries. As The Express reports, Olga Evko – a representative of Rossotrudnichestvo, the Federal Agency for the Commonwealth […]
Draghi Admits “Growth May Have Peaked”; ECB To Delay QE Unwind
Draghi Admits “Growth May Have Peaked”; ECB To Delay QE Unwind As we have showed repeatedly over the past month, the European economic imploding, and nowhere is this more obvious than the Citi Eurozone Economic Surprise Index why will soon hit its post financial crisis lows. It appears that after weeks of dithering, someone at […]
Turkey Will Repatriate All Gold From The US In Attempt To Ditch The Dollar
Turkey Will Repatriate All Gold From The US In Attempt To Ditch The Dollar After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning Turkey also announced that it has decided […]
Blankfein: “Central Banks All Around The World Are Buying All The Risky Assets”
Blankfein: “Central Banks All Around The World Are Buying All The Risky Assets” We can finally put to rest any financial, economic, ideological or simply philosophical debates why stocks have risen over 300% since the March 2009 post-crisis lows of 666, and we have Lloyd Blankfein’s underperformance mea culpa to thank for putting it so […]
Loonie Drops As Bank Of Canada Holds Rates (As Expected)
Loonie Drops As Bank Of Canada Holds Rates (As Expected) With Canadian economic data at its most disappointing in 20 months, domestic trade-wars over oil pipelines exploding, and a housing market on the verge of collapse, The Bank of Canada held rates unchanged (as expected), sending a weak signal that sparked Loonie selling… Bank of […]
China Prepares “Emergency Response Plan” Amid Escalating US Trade War
China Prepares “Emergency Response Plan” Amid Escalating US Trade War While in recent days the growing trade war between China and the US has moved off the front page of market concerns despite now daily skirmishes such as today’s anti-dumping probe launch by the US into US steel wheels which followed a Chinese 179% tariff […]
Autonomous Drones Will Soon Decide Who To Kill
Autonomous Drones Will Soon Decide Who To Kill The United States Army wants to develop a system that can be quickly integrated and deployed into its weaponized drone fleet to automatically Detect, Recognize, Classify, Identify (DRCI) and target enemy combatants and vehicles using artificial intelligence (AI). This is an impressive leap forward, whereas humans still operate current […]
