Author: Jon Delaney

IDEA address: TJqAxZoBvah9EDGiN8xDFDyL2J4xrgn7bq
The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”
24. 9. 2020 No Responses

The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

Legislation has proposed that each American have an account at the FED in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. Over the past decade, the one common...
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Debt and Oil Economies
23. 9. 2020 No Responses

Debt and Oil Economies

Dubai. Abu Dhabi. Bahrain. And, of course, Saudi Arabia. The emirates this year issued debt for the first time in years. So did Bahrain. Saudi Arabia stepped up its debt issuance. The moves are typical for the oil-dependent Gulf economies. When...
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ARM and Nvidia chips could seriously challenge Intel and AMD
19. 9. 2020 No Responses

ARM and Nvidia chips could seriously challenge Intel and AMD

Nvidia’s only CPU and mobile-centric hardware has been the Tegra line of SoCs. These were found in a few mobile devices some years ago; the Google Nexus 7 had a Tegra chipset for example. But Nvidia has mostly stuck with...
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Carnival Cruise Line Cancels Trips Into Spring
17. 9. 2020 No Responses

Carnival Cruise Line Cancels Trips Into Spring

Carnival Cruise Line is canceling sailings into early 2021 and is also selling two of its ships as pandemic continues to tremendously affect the travel industry. Announced this week, the cruise line canceled cruises on both their Carnival Magic and...
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How the Aerospace and Airlines Sector See the Speed of Recovery
16. 9. 2020 No Responses

How the Aerospace and Airlines Sector See the Speed of Recovery

The timeline for a passenger traffic recovery remains uncertain. The IATA does not expect passenger traffic to return to pre-COVID-19 levels until 2024. Leeham Co. predicts that it will take four to eight years before traffic returns to pre-COVID-19 levels....
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MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined
10. 9. 2020 No Responses

MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined

In UK, a trial is underway with journalist Julian Assange, who published US war crimes via platform WikiLeaks. “Nonsense!” — Julian Assange shouted as during the second day of his resumed extradition hearing US federal government attorney James...
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Samsung Wins $6.6 Billion 5G Verizon Deal
7. 9. 2020 No Responses

Samsung Wins $6.6 Billion 5G Verizon Deal

Samsung Electronics said on Monday it had won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major win for the South Korean firm in the next-generation 5G network market. Samsung’s global prospects...
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Unexpected Electrical Current Discovered That Could Stabilize Fusion Reactions
5. 9. 2020 No Responses

Unexpected Electrical Current Discovered That Could Stabilize Fusion Reactions

A scientific journal SciTechDaily published findings of Princeton Plasma Physics Laboratory about electrical currents that can form in ways not known before. Electric current is everywhere, from powering homes to controlling the plasma that fuels fusion re...
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China Moves Away From US Dollar
4. 9. 2020 No Responses

China Moves Away From US Dollar

China is likely to reduce its holdings of US Treasury bonds to just under $800 billion from the current level of more than $1 trillion, according to local news outlet Global Times. A major reason for the reduced exposure is the record...
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84% of CFOs Say Stocks Are Overvalued
30. 8. 2020 No Responses

84% of CFOs Say Stocks Are Overvalued

84 percent of CFOs say stocks are overvalued even as they unleash another flood of stock buybacks. It’s not just Wall Street fund managers who, as the latest BofA fund manager survey  revealed, view stocks (along with bonds and gold) to be the most....
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Billionaires Got $637 Billion Richer Since Pandemic
26. 8. 2020 No Responses

Billionaires Got $637 Billion Richer Since Pandemic

40 million Americans filed for unemployment during the pandemic, but billionaires saw their net worth increase by half a trillion dollars. From March to June 2020, Amazon founder Jeff Bezos saw his wealth rise by an estimated $48 billion. The founder of the...
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Germany is beginning a universal-basic-income trial
23. 8. 2020 No Responses

Germany is beginning a universal-basic-income trial

Germany is beginning a universal-basic-income trial with people getting €1,200 a month for 3 years. Starting this week, 120 Germans will receive a form of universal basic income every month for three years. The volunteers will get monthly payments of...
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QE Is Causing A Security Shortage
21. 8. 2020 No Responses

QE Is Causing A Security Shortage

Between September of 2019 and today, the Fed increased the size of the SOMA portfolio from $3.56 trillion to $6.2 trillion, an increase of $2.64 trillion. And although the Fed effectively absorbed roughly the same amount of net new Treasurys issued by...
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Jack Ma’s Ant Said to Target $225 Billion Valuation in IPO
20. 8. 2020 No Responses

Jack Ma’s Ant Said to Target $225 Billion Valuation in IPO

Jack Ma’s fintech giant Ant Group is reportedly looking to file for dual listing in Hong Kong and Shanghai within the next few weeks, seeking a valuation of US$225 billion. The company is planning to launch its concurrent initial public offering on...
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Banks Are Evading U.S. Derivatives Rules by Making Trades at Foreign Subsidiaries
18. 8. 2020 No Responses

Banks Are Evading U.S. Derivatives Rules by Making Trades at Foreign Subsidiaries

On May 30, with little mainstream media attention, four European academics published a report on how some of the largest Wall Street banks (all of whom received massive amounts of secret Federal Reserve bailout money during the 2007 to 2010...
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