Category: Editors’ Picks

Boeing Revenue Tumbles 20%
23. 10. 2019 No Responses

Boeing Revenue Tumbles 20%

Boeing Revenue Tumbles 20% As Cash Burn Soars Most In 9 Years; 787 Production Throttled.  One of the busiest days of Q3 earnings season is quickly turning into a nightmare for corporate America, as first CAT stunned markets by slashing...
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McKinsey: Nearly 60% of the world’s banks wouldn’t survive an economic downturn
22. 10. 2019 No Responses

McKinsey: Nearly 60% of the world’s banks wouldn’t survive an economic downturn

Nearly 60% of the world’s banks aren’t strong enough to survive a downturn, McKinsey & Company said in its latest global banking review. It also suggested several ways for them to become more resilient. Nearly 60% of the world’s banks ar...
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Asset Bubbles No Longer Work As A Cure For Growth
21. 10. 2019 No Responses

Asset Bubbles No Longer Work As A Cure For Growth

If there was one message that resonated from the IMF meetings, it was that what we are doing isn’t working. Acknowledging that fact is every bit as important as the forecasts of dour prospects for global growth and the risks of excess leverage. You...
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“I Stand Against Everything She Represents” – Gabbard Hammers Tired, Sick, Warmonger Hillary
20. 10. 2019 No Responses

“I Stand Against Everything She Represents” – Gabbard Hammers Tired, Sick, Warmonger Hillary

Tulsi Gabbard is the direct opposite of Hillary Clinton, for whom all causes serve herself and her enormous narcissism and pathology. So seeing Gabbard go directly after Hillary Clinton after her debate performance the other evening where she explicitly calle...
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Sanofi recalls popular heartburn drug Zantac as FDA investigates probable carcinogen
18. 10. 2019 No Responses

Sanofi recalls popular heartburn drug Zantac as FDA investigates probable carcinogen

Sanofi said Friday it will recall the widely-used heartburn drug Zantac from stores in the United States and Canada as the drugmaker and Food and Drug Administration investigate a probable carcinogen detected in the drug. The FDA last month said it...
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Dennis Muilenburg Out as Boeing Chairman
16. 10. 2019 No Responses

Dennis Muilenburg Out as Boeing Chairman

Aviation Week & Space Technology “Person of The Year” Dennis Muilenburg Out as Boeing Chairman, Remains CEO. Because sheer madness has captured many airlines that had to ground a number of Boeing 737 MAX planes for an unknown period of time ...
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G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”
14. 10. 2019 No Responses

G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”

The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system. According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with...
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Defense Secretary Mark Esper: administration is preparing to evacuate about 1,000 U.S. troops from northern Syria as safely and quickly as possible
13. 10. 2019 No Responses

Defense Secretary Mark Esper: administration is preparing to evacuate about 1,000 U.S. troops from northern Syria as safely and quickly as possible

Trump administration is “preparing to evacuate” about 1,000 U.S. troops from northern Syria “as safely and quickly as possible,” CBS reports. “In the last 24 hours, we learned that [the Turks] likely intend to extend their att...
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Cannes Yachting Festival Management Decision Further Delayed
11. 10. 2019 No Responses

Cannes Yachting Festival Management Decision Further Delayed

The long-running legal dispute between the Fédération des Industries Nautique and show organiser Reed Exhibitions France will not be heard by the Paris Court of Appeals until December 2020 The three-year legal battle between the Fédération des Industries N...
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Defense Minister Shoigu: US Has Been Waging Hybrid War on Russia for 20 Years
10. 10. 2019 No Responses

Defense Minister Shoigu: US Has Been Waging Hybrid War on Russia for 20 Years

Russian Defence Minister General Sergei Shoigu in a September 22, 2019 Interview: We long failed to understand the essential nature of what was going on around us. If the West had continued to behave as it began behaving in Gorbachev’s...
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Vietnam & Mexico biggest winners from US-China trade war
9. 10. 2019 No Responses

Vietnam & Mexico biggest winners from US-China trade war

US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Vietnam and Mexico have been filling this gap with massive import increases. According to the latest report by the US-based Census...
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US Army selects a new generation of assault rifles and light machine guns
8. 10. 2019 No Responses

US Army selects a new generation of assault rifles and light machine guns

The US Army has selected three companies to design Next Generation Squad Weapon (NGSW) prototype variants. The US Army announced that it has awarded Textron Systems, General Dynamics Ordnance and Tactical Systems, and SIG Sauer with NGSW prototype contracts th...
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All Foreign Troops “With Illegal Presence” Should Leave Syria
7. 10. 2019 No Responses

All Foreign Troops “With Illegal Presence” Should Leave Syria

Russia’s response to the White House’s late Sunday shock announcement saying “Turkey will soon be moving forward with its long-planned operation into Northern Syria” has been relatively muted. Though Trump reportedly told Erdogan the US won&#...
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Salesforce founder Benioff says ‘capitalism as we know it is dead’
5. 10. 2019 No Responses

Salesforce founder Benioff says ‘capitalism as we know it is dead’

Marc Benioff: I really strongly believe that capitalism as we know it is dead…that we’re going to see a new kind of capitalism and that new kind of capitalism that’s going to emerge is not the Milton Friedman capitalism that’s just...
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Detroit 3 and Japan 3 tumbled heavily
3. 10. 2019 No Responses

Detroit 3 and Japan 3 tumbled heavily

The biggest Asian automakers recorded double-digit sales declines and estimates for the Detroit 3 showed double-digit drops as well. Ford Motor Co. posted a 12 percent drop for the month, according to Data Center estimates. Ford F-series sales dropped 13...
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