May 2020 – Page 2 – PressClub World

15. 5. 2020 No Responses

Trump Threatens Local Companies Like Apple With Extra Taxes If Manufacturing Stays Overseas

Trump is planning to implement new taxes on American companies that manufacture their products abroad, like Apple. According to Donald Trump, taxation is an incentive – if the companies don’t want to pay extra, they have to move their manufacturing at...

14. 5. 2020 No Responses

U.S. Financial System “Warning System” Failed to Flash Warning as Fed Pumped $6 Trillion Emergency Liquidity into Wall Street

The Office of Financial Research (OFR) was created under the Dodd-Frank financial reform legislation of 2010 to keep the Financial Stability Oversight Council (F-SOC) informed on emerging threats that have the potential to implode the financial system — as o...

13. 5. 2020 No Responses

BlackRock Begins Buying Junk Bond ETFs For The FED Today

BlackRock begins buying junk bond ETFs for the FED today and it’s already at work for the Central Bank of Israel. It’s off to the races today for BlackRock. The New York Fed, with authority from the Federal Reserve Board...

12. 5. 2020 No Responses

About The Future of U.S. Shale

A number of analysts is actually talking such hot theme – How U.S. shale can survive the oil crash? The question regarding whether we have reached peak oil demand is a pressing concern for U.S. upstream activity. U.S. tight oil’s current...

11. 5. 2020 No Responses

Apple Is Shifting A Fifth Of iPhone Production From China To India

One reason why the global economy will never be the same after the pandemic is long forgotten, is that supply-chains – which have been in place for decades, taking advantage of China’s cheap labor costs and keeping global inflation in...

8. 5. 2020 No Responses

Class 8 Heavy Duty Truck Orders Crash To 25 Year Low In April

The catastrophe in Class 8 heavy duty truck orders continues. Still struggling with the remnants of an order backlog that started almost two years ago with record orders in August 2018, the industry was unable to find an equilibrium prior...

7. 5. 2020 No Responses

German scientists find antibodies that block coronavirus from spreading further

Scientists have detected an antibody that blocks the coronavirus from entering cells, providing a much-needed shield for severely ill patients. While not a cure or vaccine, it is still a significant development. “This is clearly a breakthrough that shows tha...

6. 5. 2020 No Responses

FCA posts $1.9 Billion loss in Q1

Fiat Chrysler Automobiles lost $1.9 billion (1.7 billion euros) in the first three months of 2020 as the Italian-American automaker felt the initial financial sting of the coronavirus pandemic. Despite the loss, the company said it had revenues of $22 billi...

5. 5. 2020 No Responses

Failed American Invasion Attempt In Venezuela

An astounding and unexpected development which is about to launch US regime change efforts in Venezuela straight back into the headlines. The Maduro government says it has captured two Americans who were leading a ‘Rambo-style’ armed coup effort. ...

4. 5. 2020 No Responses

Michael Moore Turns On Fraudulent “Green” Movement In Latest Movie

Leftists Eco-Militants fume as Michael Moore turns on fraudulent not-so much Green movement In latest movie. Executive produced by activist and filmmaker Michael Moore, 21stCentureWire.com points out that the new documentary Planet of the Humans, dares to ...

3. 5. 2020 No Responses

Warren Buffett’s Berkshire Hathaway Liquidates All US Airlines Holdings

Berkshire Hathaway had held sizeable positions in the major US airlines, including an 11% stake in Delta Air Lines, 10% of American Airlines, 10% of Southwest Airlines and 9% of United Airlines at the end of 2019, according to its annual report and comp...

2. 5. 2020 No Responses

France extends health emergency until July 24

France extends health emergency until July 24 as Europe mulls lifting lockdown restrictions. France’s minister of health has announced an extension of the public health state of emergency until July 24. The country was placed under emergency on March 24...

1. 5. 2020 No Responses

Exxon Posts First Loss in Three Decades

Exxon Mobil Corp. took a $2.9 billion writedown in the first quarter, resulting in a $610 million loss. The company’s earnings fell 126 percent in the first quarter ended March 31, down from the $2.4 billion profit it reported a year ago....

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