Stagflation Signals Soaring
Stagflation signals soaring as factory orders tumbled in April. For the first time since April 2020, US Manufacturers new orders fell in April. The 0.6% MoM drop was triple the expected 0.2% MoM drop.
Author: Lamont Traeger
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These 3 Giant Financial Entities Control 88% Of S&P 500-Listed Companies
There is no question that large corporations absolutely dominate our society today. They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our...
Russia Has Oil Reserves At Least Until 2080
Russia’s oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC in an interview this week. Russia also has natural gas reserves for another 103 years of annual product...
Prof. Luc Montagnier: Covid vaccines creating new variants
Luc Montagnier, a French virologist and recipient of the 2008 Nobel Prize in Medicine for his discovery of the human immunodeficiency virus (HIV), has made a startling claim that Covid-19 vaccines are creating new variants in various parts of the...
Greenpeace to stop accepting Bitcoin donations
Greenpeace to stop accepting Bitcoin donations over environmental concerns. roof of work is proof of burning,” is fast becoming the dominant view of Bitcoin (BTC) among those who are serious about tackling the climate crisis. The words are from a...
Neandertal DNA shows two waves of migration across Eurasia
Neandertal DNA recovered from cave mud reveals that these ancient humans spread across Eurasia in two different waves. Analysis of genetic material from three caves in two countries suggests an early wave of Neandertals about 135,000 years ago may have been ...
Over 180 Israeli intellectuals warn ICC
Don’t rely on Israel to probe war crimes, over 180 Israeli intellectuals warn ICC. More than 180 Israeli intellectuals, authors and academics have called on the International Criminal Court (ICC)’s chief prosecutor not to accept Israel’s ow...
Earth Day 2021 – Restore Our Earth
Every year on April 22, Earth Day marks the anniversary of the birth of the modern environmental movement in 1970. Let’s take a look at the last half-century of mobilization for action: ORIGINS OF EARTH DAY Earth Day 1970 gave...
IMF Introduces World Currency
It is no joke, something big happened last week. The IMF is going to give out loans in SDR. Special Drawing Rights are IMF’s currency. By itself, they’re nothing special, but the IMF has always lent in U.S. Dollars. That they are...
Iran & China ink 25-year strategic partnership accord
A cooperation deal between Iran and China covering a quarter of a century has been signed in Tehran, furthering Iran’s role in the Chinese global infrastructure initiative. Both nations are being targeted by US sanctions. The landmark document was signed...
ARAMCO’s 2020 Profits Fell By 44%
Saudi Aramco reported a net profit of $49 billion for 2020, down 44 percent on the year but still a positive figure despite the pandemic that plunged some major oil companies into the red. The company kept its annual dividend at $75...
World After Countless QEs: A Shortage Of Everything
In last press conference, Jay Powell confirmed that the Fed is setting off on a historic experiment: welcoming a conflagration of red-hot inflation for an indefinite period of time in an overheating economy, with the underlying assumption that it’s all.....
Treasury Injects A Record $271 BIllion In Cash In One Day
A month ago analysts noted that in line with the Treasury’s forecast for huge net debt drawdown in the current quarter, a record $1.1 trillion in cash and reserves was about to hit the market. Fast forward to today when...
ICC Orders US to Pay Iran $37Billion in Illegally Held Assets
Tens of billions of dollars’ worth of Iranian assets remain stuck in US banks, with the vast majority of the funds trapped there in the aftermath of the Iranian Revolution of 1979. US courts have sought to whittle away at...
GFC Alliance Lost Financing
Liberty Steel Group in Dire Straits Again as Mother Company GFC Alliance Lost Financing Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs. The business empire headed by steel tycoon Sanjeev Gupta has stopped...