Month: April 2020

The FED Will Monetize Double The Total Treasury Issuance
30. 4. 2020 No Responses

The FED Will Monetize Double The Total Treasury Issuance

For The First Time Ever, The FED Will Monetize Double The Total Treasury Issuance. While daytraders look transfixed at a stock market which continues to surge higher even as the US has lost around 22 million jobs in the past...
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Science: Superconductivity – It’s hydrogen’s fault
29. 4. 2020 No Responses

Science: Superconductivity – It’s hydrogen’s fault

Last summer, a new age for high-temperature superconductivity was proclaimed—the nickel age. It was discovered that there are promising superconductors in a special class of materials, the so-called nickelates, which can conduct electric current without any ...
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Hundred Fully Loaded Tankers Anchored Off Singapore, BP Reported $4 Billion Loss
28. 4. 2020 No Responses

Hundred Fully Loaded Tankers Anchored Off Singapore, BP Reported $4 Billion Loss

Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on the world despite the protests of its fellow cartel members, oil prices crashed as a...
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Break-even Oil Prices for 2020, Driller Diamond Offshore Filed for Bankruptcy
27. 4. 2020 No Responses

Break-even Oil Prices for 2020, Driller Diamond Offshore Filed for Bankruptcy

A sharp drop in oil prices adds to rating pressures for oil-exporting Middle East and Africa (MEA) sovereigns with vulnerable public and external finances, says Fitch Ratings. A slump in tourism, weakening demand for non-oil exports, and financial volatility a...
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Saudi Arabia is maneuvering to survive the oil price crisis
26. 4. 2020 No Responses

Saudi Arabia is maneuvering to survive the oil price crisis

Saudi Arabia may have to borrow as much as $58 billion this year to cover a budget shortfall caused by the oil price slump, Bloomberg reports, citing Finance Minister Mohammed al-Jadaan. Al-Jadaan told media this week that the Kingdom might...
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Lysol Maker Begs Public Not To Inject Its Cleaning Products After Dangerous Trump Advice
24. 4. 2020 No Responses

Lysol Maker Begs Public Not To Inject Its Cleaning Products After Dangerous Trump Advice

During last night’s press briefing, President Trump made some dangerous remarks about a new treatment involving ‘sunlight’ and ‘bleaching’ of the lungs to combat the virus. It appeared that during Thursday night’s presser, T...
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Daimler Sees 70% Drop in 1Q Earnings, Renault and Hyundai Follow
23. 4. 2020 No Responses

Daimler Sees 70% Drop in 1Q Earnings, Renault and Hyundai Follow

Daimler AG (owner of Mercedes-Benz) sees first-quarter earnings plunge almost 70% as the coronavirus-related lockdowns have left its auto showrooms closed. The German luxury automaker announced that it expected preliminary adjusted first-quarter earnings befo...
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Today is Earth Day
22. 4. 2020 No Responses

Today is Earth Day

Earth Day 2020 could mark the year we stop taking the planet for granted. The 50th annual call for environmental reform falls at a time when the health of people and nature has never been more urgent. Fifty years ago...
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GS Now Sees A 123% Plunge In Q2 S&P Earnings, $850 Billion Drop In Corporate Spending
21. 4. 2020 No Responses

GS Now Sees A 123% Plunge In Q2 S&P Earnings, $850 Billion Drop In Corporate Spending

With 9% of S&P 500 firms having already reported Q1 earnings including all of the major banks, results have generally disappointed relative to already tepid expectations. 43% of companies have missed consensus expectations, on pace for the highest rate sin...
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Historic Oil Crash Sends Canadian Oil Prices Negative, WTI To $11.05
20. 4. 2020 No Responses

Historic Oil Crash Sends Canadian Oil Prices Negative, WTI To $11.05

When GS’s crude oil analysts turned apocalyptic last month, writing that “This Is The Largest Economic Shock Of Our Lifetimes”, they echoed something we said previously namely that the record surge in excess oil output amounting to a mindblow...
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Oil Glut – At Least 160 Million Barrels Are Held in Tankers
19. 4. 2020 No Responses

Oil Glut – At Least 160 Million Barrels Are Held in Tankers

At Least 160 Million Barrels Are Held in Tankers Amid Lack of Onshore Storage. The pandemic and related self-isolation measures have triggered a massive fall in global demand for oil. Traders are now struggling to find storage space for excess...
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Scientist Who Discovered HIV Says: “COVID-19 Could Only Have Been Created In A Lab”
17. 4. 2020 No Responses

Scientist Who Discovered HIV Says: “COVID-19 Could Only Have Been Created In A Lab”

As the mainstream media and politicians begin to raise or admit the possibilities that the source of COVID-19 was likely a lab in Wuhan (accidentally leaked or otherwise) – something we first brought to the world’s attention in January before b...
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Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe And Social Distancing Sunbathing This Summer
16. 4. 2020 No Responses

Italian Beachtowns Plan “Plexiglass Cages” To Enforce Safe And Social Distancing Sunbathing This Summer

Once the quarantine is over, there will be time to explore and observe how society has evolved rapidly. Well, by the time everyone makes it out of the house this summer, we all might be ushered back into quarantine by...
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SoftBank Reports Stunning $25 Billion Q1 Loss
15. 4. 2020 No Responses

SoftBank Reports Stunning $25 Billion Q1 Loss

In an announcement that should surprise absolutely nobody who has been paying attention to WeWork fiasco, SoftBank announced in a corporate filing on Monday that the Japanese telecom conglomerate with a VC arm expected to report the biggest loss in...
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US deficit to soar to record $3.8 trillion in 2020
14. 4. 2020 No Responses

US deficit to soar to record $3.8 trillion in 2020

US deficit to soar to record $3.8 trillion in 2020, budget watchdog group Committee for a Responsible Federal Budget says. A steep economic downturn and massive coronavirus rescue spending will nearly quadruple the fiscal 2020 US budget deficit to a record...
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