Editors’ Picks – Page 59

4. 12. 2019 No Responses

British Virgin Islands Announce US Dollar-Backed Crypto

Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). According to a press release on Dec. 3, the currency is part of a broader initiative to grow the local fintech...

3. 12. 2019 No Responses

Huawei’s phones and networking equipment are now “American-free”

According to a report from UBS and Fomalhaut Techno Solutions cited by the Wall Street Journal, the Huawei Mate 30 Pro flagship phone contains no American made parts. That isn’t surprising since the manufacturer is banned from its U.S. supply chain by...

2. 12. 2019 No Responses

Federal Reserve Proposes New Rule To Let Inflation Run Hot

Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation. It has now considered launching a new rule that would let inflation run above its 2% target to...

1. 12. 2019 No Responses

Narco Cartel Submarine Seized in Spain

Police forces in Spain have seized what is believed to be the first known submarine used to transport drugs into Europe from Latin America. The submarine has been taken to the port of Aldan, in the northwestern region of Galicia,...

30. 11. 2019 No Responses

Israeli mobile phones-hacking spy van scandal triggers privacy breach probe in Cyprus

Cypriot police are deepening their probe into a high-tech ‘spy van’ spotted on the island, owned by an Israeli surveillance firm and capable of hacking into any smartphone from a kilometer away. Its exact purpose remains unknown. The mysterious vehicle...

29. 11. 2019 No Responses

Mercedes-Benz owner Daimler to cut 10,000 jobs and Audi to cut 9,500

Daimler, the German carmaker that owns Mercedes-Benz, has said it will shed at least 10,000 jobs worldwide as it seeks to fund the switch to electric cars. Daimler personnel chief Wilfried Porth told journalists the number of jobs lost would...

27. 11. 2019 No Responses

Oil Service Stocks – Uninvestable

Interest In Oil Service Stocks At A “Career Low”, Piper Warns. Collectively, the consensus view is that the oil service sector remains un-investable. There have been few sectors dripping with apathy of late quite like the oil services sector. On ...

26. 11. 2019 No Responses

German Navy in Hot Water as 18 Endangered Maritime Mammals Found Dead After NATO Baltic Drills

The German Defence Ministry has insisted that there is “no direct link” between demining and the porpoise deaths, but that if such a link is found, “we obviously regret it”. A German animal rights organisation has pointed the finger at...

25. 11. 2019 No Responses

French luxury giant LVMH buys iconic American jeweler Tiffany for over $16 Billion

The world’s leading luxury group LVMH has agreed to buy a 182-year-old US jeweler Tiffany & Co. for $135 per share in cash. The $16.2 billion deal will become the largest luxury-goods deal ever. “The acquisition of Tiffany will strengthen...

23. 11. 2019 No Responses

‘Delete WhatsApp unless you’re OK with surveillance,’ founder of rival Telegram messenger warns

WhatsApp is a “Trojan horse” exploited to snoop on millions of users naive enough to believe that the Facebook-owned messenger differs from its parent company, long beset by privacy scandals, Telegram founder Pavel Durov said. In a lengthy post on...

22. 11. 2019 No Responses

Bridgewater Bets $1.5 Billion That Market Will Crash By March

At the beginning of 2018, Ray Dalio said during one of his annual speeches at Davos that investors would feel “pretty stupid” if they were holding cash. Over the following 11 months, one of the biggest market blowups since the...

21. 11. 2019 No Responses

Israeli PM Netanyahu Charged With Bribery And Fraud In Corruption Probe

No, this time Mileikowsky “Netanyahu” was not investigated for war crimes, ethnical cleansing and other crimes against humanity. Netanyahu, a four-time premier, indicted on charges of bribery, in one case, and with fraud and breach of trust in all ...

21. 11. 2019 No Responses

Corruption-Ridden UAW President Gary Jones Resigns

Corruption-Ridden UAW President Gary Jones Resigns After Union Moves To Expel Him From Office. Just weeks after the UAW struck a deal with General Motors, ending one of the longest labor strikes in history, the union’s corrpution-ridden President, Gary...

19. 11. 2019 No Responses

Hydrogen Truckmaker NIKOLA Claims It Has Breakthrough Hydrogen Battery Tech

Vaporware company NIKOLA Motor, the Phoenix-based startup that wants to disrupt trucking with futuristic electric semis powered by hydrogen, says it’s developed a new type of battery cell with double the energy density, only 40% of the weight and half...

18. 11. 2019 No Responses

Airbus wins orders for 170 aircraft

Airbus has won $30bn (£23bn) worth of orders for 170 aircraft in another sign of the continued expansion of Middle East airlines. On the second day of the Dubai Air Show, Emirates announced the purchase of 50 Airbus A350-900 XWBs...

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