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On The Edge Of Collapse: Turkish Lira Plummets As Central Bank Burns Through A Third Of Reserves
On The Edge Of Collapse: Turkish Lira Plummets As Central Bank Burns Through A Third Of Reserves The Turkish lira resumed its plunge on Thursday following a sharp rebound on Tuesday when Turkish authorities unleashed an unprecedented assault on lira shorts, helping push the TRY briefly higher ahead of regional elections, after a disappointing reading […]
Bayer Loses Second Roundup Glyphosate Trial; Ordered To Pay $80 Million
Bayer Loses Second Roundup Glyphosate Trial; Ordered To Pay $80 Million Bayer AG has lost a second trial over claims that its Roundup weed killer causes cancer – and has been ordered by a San Fancisco jury to pay compensatory damages of $5.3 million and punitive damages of $75 million to a 70-year-old California man, Edwin Hardeman, who […]
Turkey On Verge Of Collapse As Overnight Swaps Hit 700%, CDS Soar
Turkey On Verge Of Collapse As Overnight Swaps Hit 700%, CDS Soar In Turkey’s ongoing attempt to crush currency manipulators, yesterday we reported that in addition to launching a “probe” against JPMorgan, the biggest US bank, for daring to cut its TRY price target, as well as threatening unnamed “manipulators”, on Monday Turkish authorities took a page […]
When Are We Going to Tackle the For-Profit Monopolies Which Censored RussiaGate Skeptics?
When Are We Going to Tackle the For-Profit Monopolies Which Censored RussiaGate Skeptics? We either take down Facebook and Google and turn them into tightly regulated transparent public utilities available to all or they will destroy what little is left of American democracy. The RussiaGate Narrative has been revealed as a Big Con (a.k.a. Nothing-Burger), […]
Trump Plans Executive Order To Study Risks Of EMP Attack
Trump Plans Executive Order To Study Risks Of EMP Attack In what would be a major about-face for the federal government, President Trump is reportedly preparing to sign an executive order to study the risks of an electromagnetic pulse (EMP) attack on the US. Despite the fact that a growing number of scientists and national […]
Saudi Arabia Using 140-Year-Old Loophole To Soak Up California’s Scarce Water Supply
Saudi Arabia Using 140-Year-Old Loophole To Soak Up California’s Scarce Water Supply Saudi Arabia is exploiting a farming loophole in California which allows a tiny, poverty-stricken desert town to use as much water as it needs for agriculture, for free – circumventing harsh water restrictions imposed in the Saudi Kingdom, reports The Guardian. In particular, the Saudis are […]
Pompeo Demands Moscow “Cease Unconstructive Behavior” In Venezuela
Pompeo Demands Moscow “Cease Unconstructive Behavior” In Venezuela As we predicted a number of times before, a proxy war between Russia and the United States appears now heating up in Venezuela — this after over the weekend Russia sent a military transport plane filled with Russian troops commanded by First Deputy Commander-in-Chief of the Land Forces of Russia Gen. Vasily Tonkoshkurov, which landed in Caracas […]
Over $10 Trillion In Debt Now Has A Negative Yield
Over $10 Trillion In Debt Now Has A Negative Yield NIRP is back. On Friday, when Germany reported disastrous mfg and service PMI prints, the 10Y German Bund finally threw in the towel, with the yield sliding back under zero for the first time in three years. When that happened, and when the 3M-10Y yield […]
Glenn Greenwald: Russia Collusion ‘Conspiracy’ Was “Saddest Media Spectacle I Have Ever Seen”
Glenn Greenwald: Russia Collusion ‘Conspiracy’ Was “Saddest Media Spectacle I Have Ever Seen” Offering one of the most scathing responses to the Mueller report summary released Sunday night, Glenn Greenwald, a Pulitzer Prize winning journalist and founding editor of the Intercept, appeared on Democracy Now! Monday, where he lambasted the mainstream press for helping to […]
Cancer-Causing Chemical Over Houston Channel Sends Hundreds To Hospital
Cancer-Causing Chemical Over Houston Channel Sends Hundreds To Hospital Bloomberg’s update in the wake of the week-long Deer Park oil processing plant fire (now extinguished) and chemical spill holds nothing back, but underscores the seriousness of the situation after both city and Intercontinental Terminals Co. (ITC) previously sought to reassure residents days ago that “everything’s fine”. […]
Not-So-Superfood? Pesticide Residue Found In 70% Of US Produce & 92% Of Kale
Not-So-Superfood? Pesticide Residue Found In 70% Of US Produce & 92% Of Kale Roughly 70% of all produce sold in the U.S. has pesticide residue in it, even after it is washed, according to a new report from the Guardian. According to data from the US Department of Agriculture and analyzed by the Environmental Working Group, strawberries, spinach and kale […]
French Military Authorized To Use Deadly Force On Yellow Vests If Lives Threatened
French Military Authorized To Use Deadly Force On Yellow Vests If Lives Threatened French soldiers embedded with Paris police will be allowed to ‘open fire’ if lives are threatened by Yellow Vest rioters this weekend, reports the Daily Mail, citing the military governor of Paris. “They are perfectly capable of appreciating the nature of the threat […]
Former India Envoy To Pakistan: Massive Navy Operation A Warning To Beijing
Former India Envoy To Pakistan: Massive Navy Operation A Warning To Beijing Former Indian government officials and military analysts have told Russian media sources that India’s large scale naval deployment, including nuclear submarines and an aircraft carrier, was fundamentally aimed at sending a message to China, not necessarily Pakistan. Indian warships on parade off the coast of Mumbai, […]
Recycle Crisis Sweeps Across America After China Halts Plastic Waste Imports
Recycle Crisis Sweeps Across America After China Halts Plastic Waste Imports The green movement of the 1970s formed the modern American recycling industry, although there is some concern today that it could be collapsing in many parts of the country, The New York Times warned. “The sooner we accept the economic impracticality of recycling, the sooner […]
Toxic Chemical Inferno Threatens Houston Area As Black Plume Extends For Miles
Toxic Chemical Inferno Threatens Houston Area As Black Plume Extends For Miles The petrochemical fire that has been raging out of control at an oil storage facility in Deer Park, Texas since Sunday is now impacting the greater Houston area by what’s been described as a “plume of thick, black smoke [which] for a third day intensified overnight as pungent […]
