By Irina Slav African and Latin American countries have accumulated at least $152 billion in debt to Chinese banks, backed by oil and other mineral resources, a study from non-profit the Natural Resource Governance Institute has revealed. Chinese loans represented 77 percent of the total $164 billion in resource-backed loans taken out by African and Latin American … Read more
by Jason Burack via Wall St For Main St The DOW is now down over 6% in just the last 2 days, today the 10 year US Treasury yield hit an all time low of 1.31% and the former Minneapolis Federal Reserve Bank President, Narayana Kocherlakota, wrote an Op-Ed for Bloomberg yesterday how the Fed needs to cut … Read more
Gov. Newsom says 28 people in California have tested positive for Coronavirus. About 8,400 people are being monitored because of their travel. “We knew this was inevitable,” he said. Gov. Newsom says 28 people in California have tested positive for Coronavirus. About 8,400 people are being monitored because of their travel. "We knew this was … Read more
Officials at the Department of Health and Human Services sent more than a dozen workers to receive the first Americans evacuated from Wuhan, China, the epicenter of the coronavirus outbreak, without proper training for infection control or appropriate protective gear, according to a whistleblower complaint. The workers did not show symptoms of infection and were … Read more
by Simon Black At precisely 11am on November 11, 1918, in a nondescript railroad car in northeastern France, a group of senior military officers and government officials signed an armistice agreement that effectively ended World War 1. The Great War had killed a staggering 9 million soldiers in four years. That’s more than nearly every major … Read more
BREAKING: US Navy orders ships to perform 14 days of self quarantine in between all port visits following reports of 3 #CoronaVirus infections on a South Korea military base. https://twitter.com/kr3at/status/1233149576951091205?s=20 The US Navy has given ships operating in the Pacific new port call guidance amid concerns over the coronavirus, US Pacific Fleet told Insider Thursday. … Read more
Meet Scorpio, a prototype Russian robot that patrols territory, throws a net on a suspect and releases a search drone. It was made by a startup, known for friendlier robots, funded by a Kremlin-backed venture capital fund. The company says it's in talks with local police pic.twitter.com/1DEtGE8iGg — Bloomberg Originals (@bbgoriginals) February 27, 2020
US Democratic presidential candidate Sen. Elizabeth Warren unveiled legislation in the Senate today that would move funds being used for construction of the border wall to combat the coronavirus outbreak. The Prioritizing Pandemic Prevention Act would provide a “down payment” of an estimated $10 billion in funding for coronavirus efforts, per the legislation. “The coronavirus … Read more
Authored by Jim Quinn via The Burning Platform blog, Spirits In The Material World There is no political solution To our troubled evolution Have no faith in constitution There is no bloody revolution The Police – Spirits in the Material World As I was driving home from work last week, an almost forty-year-old song began … Read more
In unprecedented move, Israelis advised to avoid all travel abroad over virus Health Ministry warning sees ‘high probability’ pathogen has now spread worldwide and is no longer containable; Israelis returning from Italy ordered to 14-day quarantine In a dramatic statement Wednesday, Israel’s Health Ministry urged Israelis to seriously consider refraining from traveling abroad, as the … Read more