Ray Dalio: The Next Logical Steps In A Dangerous Journey To War

Ray Dalio: The Next Logical Steps In A Dangerous Journey To War

Raymond Dalio – an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of investment firm Bridgewater Associates, one of the world’s largest hedge funds, posted a grim warning not only to...
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Slovenia’s Adria Airways files for bankruptcy

Slovenia’s Adria Airways files for bankruptcy

Adria Airways has filed for bankruptcy at the Kranj District Court and cancelled all scheduled flights as of September 30, 2019. “Bankruptcy proceedings were initiated by management because of the company’s insolvency and based on the Slovenian Financi...
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Obsolete UH-1 Replacement Boeing MH-139 Helo to Start Testing in December

Obsolete UH-1 Replacement Boeing MH-139 Helo to Start Testing in December

The Air Force will receive its first MH-139 helicopter for testing in December, as it enters the next phase of the $2.4 billion effort to replace the obsolete Vietnam-era UH-1N Hueys, the head of Air Force Global Strike Command said...
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The Average American Household Income Is Unchanged In 30 Years

The Average American Household Income Is Unchanged In 30 Years

The Average American’s Income Is Unchanged In 30 Years. While The “1%” Have Soared. According to the latest Census Bureau figures released this month, real American incomes remained essentially flat in 2018 after three straight years of growt...
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Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor became the second big casualty of the IPO market’s recent chill after WeWork’s parent company pulled its offering earlier this month. It is the second time Endeavor has hit the brakes on its IPO this year. Part of the reason Endeavor...
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US Shale In A State Of Stall – CapEx Collapse Imminent

US Shale In A State Of Stall – CapEx Collapse Imminent

The financial stress sweeping over the U.S. shale sector has led to a sharp contraction in activity. Oil and gas activity in Texas and parts of New Mexico declined in the third quarter, with the Dallas Fed’s business activity index reporting...
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The $47 Trillion Slow Death Sentence For Oil & Gas

The $47 Trillion Slow Death Sentence For Oil & Gas

The future of hydrocarbons is becoming bleak if plans presented by international banks, representing around $47 trillion in value, will be fully implemented. So one assault will come by breakthrough new technologies and another by banks. Around 130 internati...
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Chinese Companies Dump $40 Billion In Global Assets

Chinese Companies Dump $40 Billion In Global Assets

Chinese Companies Dump $40 Billion In Global Assets, China Turn Net Seller For First Time In Decades At the behest of the Communist Party leadership, Chinese conglomerates and investor groups have this year transformed from sometimes overeager spree buyers of....
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Scientists Reconstruct Face of Extinct Denisovan Human Relative

Scientists Reconstruct Face of Extinct Denisovan Human Relative

The mystery surrounding the era of the Denisovans, the human race that went extinct about 50,000 years ago leaving almost no clue as to what they looked like, has finally been solved, with the face of a teenager named Denise....
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Airbnb plans to go public in 2020

Airbnb plans to go public in 2020

Airbnb has put to rest speculation about the timing of its IPO. The vacation rental company today took the rare step of announcing in a press release that it plans to go public next year, in 2020. The startup, which...
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Allianz Global Wealth Report: Financial assets fall for the first time since the financial crisis

Allianz Global Wealth Report: Financial assets fall for the first time since the financial crisis

For the first time since the financial crisis of 2008, global private wealth shrank last year. This was determined by the insurance group Allianz in its Global Wealth Report 2018. Accordingly, global gross financial assets decreased by 0.1 percent year-on-year...
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Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

The Republic of the Marshall Islands has been using the US dollar since 1979.  But in a new Bloomberg report and a statement from a senior Marshall Islands official, that could all change as the country with a population of 75,000 could soon issue a...
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ICCF-22 International Conference on Condensed Matter in Assisi, Italy

ICCF-22 International Conference on Condensed Matter in Assisi, Italy

Lutz Jaitner talks at ICCF-22 about some observations of strange physical phenomenon where electrons and matter form a special state which are predicted to have extreme internal forces that lead to non-standard behaviour.  
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Massive Fires And Explosions Erupt After Drone Strike Hits World’s Largest Oil Processing Facility In Saudi Arabia

Massive Fires And Explosions Erupt After Drone Strike Hits World’s Largest Oil Processing Facility In Saudi Arabia

What appears to be the most devastating Yemen Houthi rebel attack on Saudi Arabia to date, took place overnight on the world’s largest oil processing facility as stunning videos emerged of massive explosions rocking the major Aramco Buqyaq facility a...
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WeWork Valuation Crashes From $47 Billion To As Low As $10 Billion

WeWork Valuation Crashes From $47 Billion To As Low As $10 Billion

The We Company’s underwriters must be having serious trouble securing orders for WeWork’s planned IPO, because in what is at least the fourth reported downgrade to the company’s valuation in less than 10 days, Reuters reports that the compa...
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