Alibaba: Revenue +29% Y/Y, Earnings -38% Y/Y

Alibaba: Revenue +29% Y/Y, Earnings -38% Y/Y

Alibaba on Thursday missed revenue and earnings expectations for the September quarter, as slowing economic growth in China weighed on results, adding to regulatory headwinds. Here’s how Alibaba did in its fiscal second-quarter, versus Refinitiv consensus estimates: Revenue: 200.69 billion yuan ($31.4...
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Zircon hypersonic missile test launch

Zircon hypersonic missile test launch

The Russian frigate Admiral Gorshkov successfully completed a test launch of the state-of-the-art Zircon hypersonic cruise missile on Thursday, the country’s Defense Ministry has revealed. The Zircon, a scramjet anti-ship missile produced domestically, was s...
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A Record Number Of Americans Just Quit Their Job

A Record Number Of Americans Just Quit Their Job

The US labor market remains hopelessly broken. After seven consecutive months of massive increases in job openings (where even the weakest month saw a 290K increase and the strongest, July, saw a record 913K new jobs openings), today the BLS...
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China’s Third Aircraft Carrier Nears Launch

China’s Third Aircraft Carrier Nears Launch

China could be months away from launching its newest aircraft carrier, according to a new analysis by a Washington-based think tank. The Center for Strategic and International Studies (CSIS) published commercial satellite imagery of China’s third aircr...
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USA vs. China

USA vs. China

In recent years, America’s unsuccessful attempts at containing China as a rival hegemon has only served to promote Chinese antipathy against American capitalism. China is now retreating into the comfort of her long-established moral values, best described a...
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Lira Crashes To All Time Low

Lira Crashes To All Time Low

Turkey’s Central Bank cut its one-week repo rate by 200bps, from 18% to 16%, double what consensus expected (15 of 26 economists in Bloomberg’s survey expected 17.00%, with the rest expecting a 50bps cut), arguing inflation is “transitory” if adding t...
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Emerging World Hands Dems A $750 Billion Bill For Climate Change

Emerging World Hands Dems A $750 Billion Bill For Climate Change

According to WSJ, the made-for-camera moment happened at a global climate summit in July, when there were no cameras around, when Kerry was handed what the paper described as “a bill” for aiding the developing world in its shift away from fossil....
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Pentagon Faces Class-Action Lawsuit Over Vaccine Mandates

Pentagon Faces Class-Action Lawsuit Over Vaccine Mandates

Service members from all five branches of the U.S. military, federal employees, and federal civilian contractors have joined in a class-action lawsuit against the Department of Defense over its COVID-19 vaccine mandates. The 24 plaintiffs “face a deadline ...
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Real Semites: No Return To Peace Talks Under US Leadership

Real Semites: No Return To Peace Talks Under US Leadership

Senior Palestinian official Azzam al-Ahmed said that any future peace talks with so-called “Israel” will be based on an international peace conference. The Real Semites i.e. Palestinians are opposed to a return to the peace negotiations with so-cal...
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Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

While most sellside analysts and strategists are throwing in the towel as the market continues its relentless meltup (one which according to Goldman is becoming increasingly “painful” for the bank’s institutional clients most of whom have ...
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America’s $800 Million Kabul Embassy To Be Abandoned

America’s $800 Million Kabul Embassy To Be Abandoned

America’s $800 Million Kabul Embassy To Be Abandoned – No Troops Will Guard It The initial Biden plan for the complete US troop draw down from Afghanistan was to authorize a security force of some 600 Marines to guard the massive...
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Syrian air defenses downed 22 Khazarian missiles fired from Lebanese airspace

Syrian air defenses downed 22 Khazarian missiles fired from Lebanese airspace

Syria’s air defenses shot down 22 of 24 Khazarian missiles fired during recent air raids near Damascus, the Russian military said. Launched from Lebanese airspace, the strikes have prompted vocal objections from officials in Beirut. “On August 19, 2021, si...
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Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’

Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’

Recovered COVID Patients Suffering ‘Significant Cognitive Deficits’ According To Large-Scale UK Study. Over 190 million people have officially contracted SARS-CoV-2, the virus which causes Covid-19. Of that, the vast majority have recovered –...
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US Hits 70% Vaccination Rate A Month Behind Schedule

US Hits 70% Vaccination Rate A Month Behind Schedule

US Hits 70% Vaccination Rate A Month Behind Schedule As Delta Continues To Surge. The United States on Monday hit President Joe Biden’s goal of administering at least one dose of a COVID-19 vaccine to 70 percent of American adults—a...
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Infrastructure Bill Could Sink American Crypto Industry

Infrastructure Bill Could Sink American Crypto Industry

For years, the threat of major regulation has been raised like a hammer, ready to smash the crypto industry. Now, the hammer is ready to drop in the unlikely form of a major infrastructure bill in the U.S. Senate. “This is not...
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