Daimler CEO Kallenius Warns of Drastic Pay Cuts

Daimler CEO Kallenius Warns of Drastic Pay Cuts

Daimler AG CEO Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the COVID-19 pandemic. The virus outbreak will force manufacturers to do more significant restructuring...
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Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Long term friend of criminal Jeffrey Epstein, who was suicided in prison, and also friend of Donald Trump, and the alleged MOSSAD operative, Ghislaine Maxwell was arrested in New Hampshire for serious crimes. The Ghislaine Maxwell indictment – charges in...
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Chesapeake Energy Files For Bankruptcy, Wiping Out $7 Billion In Debt

Chesapeake Energy Files For Bankruptcy, Wiping Out $7 Billion In Debt

After years of melting, the Chesapeake icecube is finally history: at exactly 3:50pm on Sunday afternoon, the company that launched the US shale boom, finally gave up and filed for a pre-packaged bankruptcy in the Southern District of Texas. In...
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KFC Unveils Robotized Store

KFC Unveils Robotized Store

Restaurant Of The Post-Pandemic Future – Fast-food chain Kentucky Fried Chicken (KFC) has debuted the “restaurant of the future,” one where automation dominates the storefront, and little to no interaction is seen between customers and emp...
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Canada Loses Its AAA Rating

Canada Loses Its AAA Rating

So actually CanadAA+, Fitch Ratings has downgraded Canada’s Long-Term Foreign Currency Issuer Default Rating (IDR) to AA+ from AAA (outlook stable) citing the deterioration of Canada’s public finances resulting from the pandemic. FX markets chewed th...
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The Oil Countries And Their Breakevens

The Oil Countries And Their Breakevens

Here is a look at some of the other oil market players that are finding themselves on equally dangerous dire straits. Oman  Analysts may be overstating Oman’s role as a mediator in a volatile region, but make no mistake–Oman is...
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Investor Legend Jeremy Grantham Is “Amazed” At This Unprecedented Stock Bubble

Investor Legend Jeremy Grantham Is “Amazed” At This Unprecedented Stock Bubble

The generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5 Billion portfolio to a net short position for the first time since the Global financial crisis, and summarizing his dire assessment of the current unprecedented...
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US Signs Commitment For Mass Troop Exit From Iraq

US Signs Commitment For Mass Troop Exit From Iraq

he United States confirmed on Friday that it will discuss with the Iraqi government the status of its remaining military forces, stressing that it does not seek military bases or a permanent military presence in Iraq. According to a joint...
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El-Erian Warns: Bad Things Happen When Markets Front-Run The Economy

El-Erian Warns: Bad Things Happen When Markets Front-Run The Economy

Governments need to ensure durable growth that benefits more than the well-off in society. For most of the last 15 years, the US economy has relied on a mix of public and private finance to liquefy financial markets, boost asset prices...
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Chesapeake Energy preps bankruptcy plan

Chesapeake Energy preps bankruptcy plan

In 1994, the Italian scientists discovered a new physical phenomenon – the production of energy in Ni / H reactions. These reactions were neither chemical nor nuclear. His work was followed by about 50 scientific teams, including such names as...
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Euphoria Hits Dot Com Insanity High

Euphoria Hits Dot Com Insanity High

Less than three months after markets were gripped by a historic bout of panic, dumping everything – bonds, stocks, gold, bitcoin – in a liquidation frenzy, euphoria on Wall Street is back to levels not seen since the dot com bubble...
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World Trade Refuses To Rebound

World Trade Refuses To Rebound

The pandemic and ensuing lockdowns across the world have led to a recession, if not depression, unseen since the 1930s. It has resulted in unprecedented job loss and economic declines in both developed and emerging economies. Central bankers have spent the...
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ECB Expands Emergency QE By €600 Billion To €1.350 Trillion

ECB Expands Emergency QE By €600 Billion To €1.350 Trillion

As previewed last night, consensus was expecting for the ECB to boost its emergency QE PEPP program by €500BN. So perhaps not to risk disappointing markets, moments ago the Central Bank announced that it would not only expand the PEPP...
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10 Years Since Zionist Murders Of Humanitarian Workers

10 Years Since Zionist Murders Of Humanitarian Workers

Mavi Marmara Ten Years on – Final Nail in Coffin of Zionist-Turkey Relations. Although Zionist regime later apologised for the mass murders that claimed the lives of nine Turkish nationals and one American and compensated the victims’ families, Zio...
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All-Electric Cessna Aircraft Makes Maiden Flight

All-Electric Cessna Aircraft Makes Maiden Flight

The world’s largest all-electric-powered utility aircraft conducted its maiden flight on Thursday, reported Flight Global. The electric-powered Cessna 208B Caravan is a utility aircraft produced by Cessna Aircraft Company, has been traditionally ...
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