Editors’ Picks – Page 53

21. 3. 2020 No Responses

Boris, Don’t Listen to Sir Vallance and Tim Martin!

Boris Johnson appeared at a press conference flanked by England’s chief medical officer, Professor Chris Whitty, and the government’s chief scientific adviser, Sir Patrick Vallance. Boris Johnson wanted the UK to know the nation’s best experts – and its politicians –...

20. 3. 2020 No Responses

Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

Cuomo Orders 100% Of New Yorkers To Stay Home. The morning after California laid out the most restrictive measures to combat the virus in the US, NY Gov. Andrew Cuomo on Friday laid out new measures for New York State...

19. 3. 2020 No Responses

Lufthansa to Cut 95% of Flights

Lufthansa to cut 95% of the fleet in survival mode. Three of the world’s leading airlines laid bare the devastation the epidemic is inflicting on air travel, with Deutsche Lufthansa AG and Delta Air Lines Inc. parking a total of 1,500...

18. 3. 2020 No Responses

Boeing Seeks “A Minimum $60 Billion” Government Bailout

Aerospace giant Boeing seeks “a minimum $60 Billion” government bailout after fully drawing-down $13 Billion credit line. This bailout demand comes after the company blew nearly $100 billion on stock buybacks since 2013helping push its stock to...

17. 3. 2020 No Responses

IATA: Airlines Urgently Need $200B In Capital

Global airlines running out of cash, need government support. Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on...

16. 3. 2020 No Responses

Global Liquidation Continues Despite Massive Monetary Intervention

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program i.e. QE5. US Futures were halted limit-down overnight, and when cash markets opened, they were halted (down over 7%) before rallying all the way back up...

14. 3. 2020 No Responses

Spain And France Declare Lockdowns, Berlin Shuts Museums And Brothels

Spainish impose 15-day lockdown effective immediately. France announces national lockdown. Berlin shuts museums, bars and even brothels, in tough crackdown on virus spread. Spanish Prime Minister Pedro Sanchez has signed the emergency decree Spain under an I...

12. 3. 2020 No Responses

FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

After increases in its repo facility twice already this week, from $100billion to $150billion to $175billion per day, and adding added a new 1-month term repo facility, the New York Fed just stunned the market and fired its biggest bazooka...

11. 3. 2020 No Responses

Wikipedia demasked as political disinformation instrument

Wikipedia is generally thought of as an open, transparent, and mostly reliable online encyclopedia. Yet upon closer inspection, this turns out not to be the case. In fact, the English Wikipedia with its 9 billion worldwide page views per month is governed ...

10. 3. 2020 No Responses

75 years ago there was a most destructive air raid of WWII on Tokyo

Early in the morning of March 10, as the Japanese slept in their low-rise, wooden homes, the first bombers over Tokyo started five sets of marking fires, smaller strikes for the rest of the bomber force to aim it. Between...

9. 3. 2020 No Responses

Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

When two black swans collide and third is en route. Folks, it is just warm-up lap. $2.5 Trillion wiped out as world stocks crash most since 2008. Bank of America, Citigroup, Deutsche Bank, Commerzbank down 14 percent, British Petroleum crashed...

6. 3. 2020 No Responses

Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Three weeks ago, former FED Chair Janet Yellen incepted the idea that during the next crisis, the FED should consider expanding the range of assets it would purchase, most notably buying stocks. Well, thanks to experiments conducted in a Chinese BSL-4...

5. 3. 2020 No Responses

Cutting Rates Is Now About As Relevant As Painting A Sinking Ship

The bear market rally probably didn’t persuade anyone the epidemic crisis is over. Nevertheless there are a surprising number of articles saying manufacturing production is recovering rapidly in China – although the weather satellites show rising NOx ...

4. 3. 2020 No Responses

New Cars Planned for Cancelled Geneve Autosalon

Aston Martin V12 Speedster Engine V12 5.2 litres 700 HP, RWD, Max speed 300 km/h. Only 88 copies – limited edition. Prices starts at 765,000 pounds. Hispano Suiza Carmen Boulogne (limited edition) Two electric engines, combined power 1.115 HP...

3. 3. 2020 No Responses

Chevron Plans to Return $80 Billion to Shareholders Over Five Years

As era of oil is gradually ending, Chevron on Tuesday revealed plans to pay out as much as $80 billion in dividends and share buybacks over the next five years despite the recent sharp decline in oil prices that inevitably will...

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