Over 45 Injured After Massive Explosion Hits Military Optics Plant Near Moscow
Over 45 Injured After Massive Explosion Hits Military Optics Plant Near Moscow On Wednesday a Russian factory northeast of Moscow erupted into a massive explosion of unknown cause, injuring at least 45 people, and causing damage to surrounding buildings. Some are in serious condition. It happened at the Zagorsk optical-mechanical plant in the city of […]
Robert F. Kennedy Jr. Makes Case For Finishing Border Wall
Robert F. Kennedy Jr. Makes Case For Finishing Border Wall Authored by Brad Jones via The Epoch Times (emphasis ours), A trip to the U.S.-Mexico border in Arizona was all it took for Robert F. Kennedy Jr. to change his mind on the need for a border wall pushed by his political rival former President Donald Trump. “I […]
Chinese Troops Pledge To Die In Alarming Docuseries On ‘Liberating’ Taiwan
Chinese Troops Pledge To Die In Alarming Docuseries On ‘Liberating’ Taiwan China’s state broadcaster CCTV has kicked off the airing an eight-episode military documentary series called Zhu Meng, or “Chasing Dreams”, which features battle-ready Chinese troops pledging to sacrifice all, even themselves, for the sake of ‘liberating’ Taiwan. The series marks the 96th anniversary of the founding of […]
Stimulus And Consumption Are Fueling Economic Resilience (For Now…)
Stimulus And Consumption Are Fueling Economic Resilience (For Now…) Authored by Michael Lebowitz via RealInvestmentAdvice.com, The economy has marched forward, ignoring higher interest rates and consistent calls for a recession. Credit goes to “We The People,” the citizens of the U.S. A shout-out also goes to Uncle Sam for showering us with trillions of dollars […]
Futures Rise On Hope China’s Deflation Will Lead To More Policy Easing
Futures Rise On Hope China’s Deflation Will Lead To More Policy Easing S&P futures point to a higher open after China officially entered into deflation with -0.4% CPI print, continuing the buying momentum from the second half of yesterday’s session while European stocks rebound sharply from yesterday’s rout led by a rebound in Italian banks […]
Italy Backtracks On Windfall Bank Tax To Prevent Further Market Turmoil
Italy Backtracks On Windfall Bank Tax To Prevent Further Market Turmoil Italy was forced to water down its new windfall tax on excessive banking profits after the surprise Tuesday announcement spooked capital markets and wiped out $10 billion from banks’ market value. The finance ministry said Tuesday night the new levy won’t exceed .01% of the lender’s […]
Buying European Real Estate Is A Contrarian Trade
Buying European Real Estate Is A Contrarian Trade By Michael Msika, Bloomberg Markets Live reporter and strategist Real estate stocks have shown signs of life in July, giving investors a taste of what the most-shorted sector in Europe could do if the outlook improves even slightly for the industry. The Stoxx 600 Real Estate index […]
Rice Crisis Sends Prices To Highest Levels Since 2008
Rice Crisis Sends Prices To Highest Levels Since 2008 On Wednesday, the Thai Rice Exporters Association revealed that the price of Thai white rice 5% broken, a key Asian benchmark, reached the highest level since Great Financial Crisis. This surge is mainly attributed to increasing fears of a global shortage due to the damaging effects […]
Biden Has Handed Taliban Over $2 Billion In 2 Years; SIGAR Report Finds
Biden Has Handed Taliban Over $2 Billion In 2 Years; SIGAR Report Finds Authored by Steve Watson via Summit News, A report by the Special Inspector General for Afghan Reconstruction (SIGAR) notes that the Biden administration has given $2.35 billion to Afghanistan over the past two years, despite the fact that it is now ruled by […]
Kenya Kicks Eye-Scanning Worldcoin To The Curb — Refuses To Become ‘Data Harvesting Guinea Pigs’
Kenya Kicks Eye-Scanning Worldcoin To The Curb — Refuses To Become ‘Data Harvesting Guinea Pigs’ The Kenyan Ministry of the Interior last week suspended the controversial tech firm WorldCoin and any similar entities from operating in the country. A photo of Kenyans lined up at KICC (left) to register for WorldCoin and a retina scanner […]
Judge Worked For Same British Government Departments That Have Pursued Assange
Judge Worked For Same British Government Departments That Have Pursued Assange Via Declassified UK/Consortium News, Jonathan Swift, the High Court judge who has rejected Julian Assange’s appeal against extradition to the US, has a long history of working for the government departments that are now persecuting the WikiLeaks founder. Swift, who ruled against Assange on […]
Traders Aren’t Buying The Oil Deficit Story
Traders Aren’t Buying The Oil Deficit Story By Irina Slav of Oilprice Traders are not buying the oil deficit story. That’s the conclusion that forces itself based on the latest oil and fuel buying and selling developments ahead of the latest OPEC+ meeting. The price movements that followed that meeting were proof that this attitude […]
As Interest Rates Rise, The Era Of “Deficits Don’t Matter” Is Over
As Interest Rates Rise, The Era Of “Deficits Don’t Matter” Is Over Authored Ryan McMaken via The Mises Institute, Back in 2002, then-Vice President Dick Cheney claimed “Reagan proved deficits don’t matter” and went on to push for tax cuts combined with more federal spending. Indeed, the Bush administration would go on to push immense amounts of […]
Average Age Of American Cars Hits Record High
Average Age Of American Cars Hits Record High For the sixth consecutive year, the average age of vehicles in the US has risen, indicating that Americans are holding onto their cars for longer than ever before. According to data collected by S&P Global Mobility, the average age of passenger vehicles on the road has reached […]
Elon Musk: Why Does The Media Misrepresent Interracial Crime Stats “To Such An Extreme Degree”?
Elon Musk: Why Does The Media Misrepresent Interracial Crime Stats “To Such An Extreme Degree”? Authored by Chris Menahan via InformationLIberation.com, Twitter CEO Elon Musk on Saturday questioned why the media misrepresents “the real situation” when it comes to interracial violence “to such an extreme degree.” Odd, why would the media misrepresent the real situation […]
Central Bank Digital Currency Is The Endgame, Part 2
Central Bank Digital Currency Is The Endgame, Part 2 Authored by Iain Davis via Off-Guardian.org, In Part 1 we noted that “money” is no more than a medium of exchange. If we cooperate in sufficient numbers, we could create an economy based upon an entirely voluntary monetary system. We don’t need banks to control our exchange transactions […]
Who’s Winning And Losing The Economic War Over Ukraine?
Who’s Winning And Losing The Economic War Over Ukraine? Authored by Medea Benjamin and Nicolas J. S. Davies via NakedCapitalism.com, With the Ukraine war now reaching its one-year mark on February 24, the Russians have not achieved a military victory but neither has the West achieved its goals on the economic front… When Russia invaded […]
Facing “Unprecedented Challenges” And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages
Facing “Unprecedented Challenges” And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages Amid the recent record surge in interest rates, the residential housing market may have frozen – as the gap between bids and asks stretches to unprecedented levels – but it is hardly in freefall, courtesy of several years of ultra-low […]
Anatomy Of A Cover-Up: The January 6 Tapes
Anatomy Of A Cover-Up: The January 6 Tapes Authored by Julie Kelly via American Greatness, Tucker Carlson now has the equivalent of nearly five years of surveillance footage captured by U.S. Capitol Police security cameras on January 6, 2021. House Speaker Kevin McCarthy (R-Calif.) turned over the tapes to the Fox News host earlier this […]
Biden Admin Negotiates Deal To Give WHO Authority Over US Pandemic Policies
Biden Admin Negotiates Deal To Give WHO Authority Over US Pandemic Policies Authored by Kevin Stocklin via The Epoch Times (emphasis ours), The Biden administration is preparing to sign up the United States to a “legally binding” accord with the World Health Organization (WHO) that would give this Geneva-based UN subsidiary the authority to dictate […]
Due To Staggering Investment Losses, Masa Son Owes SoftBank Over $5 Billion On Side Deals
Due To Staggering Investment Losses, Masa Son Owes SoftBank Over $5 Billion On Side Deals Several years ago, roughly around the time Masa Son’s SoftBank launched a truly unprecedented, historic capital misallocation campaign (which will one day be a case study in how to vaporize tens of billions), which was nothing more than a levered […]
Stockman: What Inflation Would Look Like In A True Free-Market Economy
Stockman: What Inflation Would Look Like In A True Free-Market Economy Authored by David Stockman via InternationalMan.com, There is nothing more substantive than Bernanke’s original finger-in-the-air proposition that the Fed needed a 200 basis point cushion in the inflation rate in order to steer the economy clear of the dreaded 0.0% inflation line, the other […]
Paul Craig Roberts: How Troublesome Presidents Are Disposed Of
Paul Craig Roberts: How Troublesome Presidents Are Disposed Of Authored by Paul Craig Roberts, Tucker Carlson provides an excellent 12 minute report about the CIA’s removal of President Kennedy and President Nixon. I recommend that you watch it 2 or 3 times until it sinks in and forward it to all of your friends and […]
Pennsylvania County Sued Over Illegal Ballot Drop Box Usage Captured On Camera
Authored by Bill Pan via The Epoch Times (emphasis ours), A conservative legal group is suing the board of elections in Pennsylvania’s Chester County, citing surveillance camera footage that captured the illegal use of ballot drop boxes. Individuals are captured delivering more than two ballots at the drop box at 601 Westtown Road, West […]