Breaking news, updates, and reports on current events.
by visualcapitalist The airline industry is a tough business. Profit margins are narrow, airplanes are expensive to run and maintain, and government regulation and taxation can be onerous and unpredictable. In addition, demand can stall by the outbreak of disease, recession, war, or terrorism. So when a company has a winning airline route, it makes all … Read more
The Bank of England’s gold vaults hold £194bn worth of gold bars. If you stacked them all on top of each other, they would be the same height as 46 Eiffel Towers. They hardly ever let anyone in to film, but the BBC’s Frank Gardner has been given access to the Bank of England’sgold vault. https://www.bbc.com/news/av/uk-51416500/bank-of-england-gold-rare-look-inside-the-vaults … Read more
Happy V-day: corona virus update from 12 Feb 2020: Confirmed cases grew 34% on new criteria to 59,404 & that's a 34% daily growth rate Death rose to 1,367 from 1113 & that's a 23% daily fatality expansion rate, which puts us at 2.3% Recovered growth flat at 23% & 5,911 people pic.twitter.com/rmvW3w7v0q — Trinh … Read more
I run value screens every couple days I’ve seen the same handful of stocks for a year and a half There is nothing undervalued in this marketNothing Worse than 2008Much worse than 1999Craziest thing I’ve ever seen TBH I don’t even know why I run the screens Waste of time — Reminiscences of an American … Read more
The US Department of Education said on Wednesday it has opened an investigation into whether the universities of Harvard and Yale failed to report hundreds of millions of dollars in foreign gifts and contracts as required by law. Yale University in New Haven, Connecticut, may not have reported at least $375 million in foreign money … Read more
China said it confirmed 15,152 new cases and 254 additional deaths and that those figures include the ones reported earlier by Hubei province. China’s Hubei province reported an additional 242 deaths and 14,840 new cases as of Feb. 12. The province said it is starting to include “clinically diagnosed” cases in its figures and that … Read more
Rep. Rashida Tlaib, D-MI, told Jerome Powell that the Federal Reserve should bail out cities like Detroit, and Puerto Rico. Here’s the video: https://www.sgtreport.com/2020/02/tlaib-suggests-federal-reserve-should-bail-out-democrat-run-cities-like-detroit/ TLAIB: “My city filing for bankruptcy was devastating to so many retirees, sir. 40, 50 years they worked for the city of Detroit, saw their pensions completely diminished, gone. Do you … Read more
By Fares Kilzie A week ago, at an emergency meeting of the OPEC’s Joint Technical Committee, Russia refused to agree to the cartel’s proposal to reduce production by an additional 600 000 barrels per day (bpd). Explaining Russia’s position, Energy Minister Alexander Novak said that in order to make such a decision, it takes time to evaluate the effect … Read more
by Shaun Richards Back in the day the presidential campaign of Bill Clinton came up with the phrase “Its the economy stupid” which worked on several levels. Firstly Bill got elected and secondly the phrase has echoed around since. But applying it to what has recently happened in Ireland is an example both of the … Read more
https://www.youtube.com/watch?v=U7fNEViWCKI We Love Trump reports, Congratulations Jim Jordan! News broke that Jim Jordan and Mark Meadows would both be receiving big promotions to powerful positions. The House GOP Steering Committee met Thursday and recommended that Ohio Rep. Jim Jordan serve as ranking member of the powerful House Judiciary Committee effective March 12, and that North … Read more
https://www.youtube.com/watch?v=ukhI7-OkFTk
by Tom McClellan The movements of gold prices tend to show up again about 20 months later in the movements of oil prices. Crude oil futures have seen a big drop during 2020, exacerbated by falling demand from China because of the coronavirus outbreak there. That has arguably made the magnitude of oil’s price drop … Read more
via spectator The suspect allegedly said that he was motivated to ram the tent because of his distaste for Trump and because ’it’s like someone shitting on your grave’, whatever that means. He also took several videos of the incident, but told police that he did not capture the ‘good part’ where he drove at the volunteers. … Read more
By Harry Dent I have now heard from three experts that this coronavirus is at least 10 times worse than the Chinese government is reporting. First a top military consultant; then John Thomas (Editor of the Mad Hedge Fund Trader), who sat next to an expert from Wuhan on a plane; and recently from Erik Prince, the founder … Read more
By Rodney Johnson One of my best friends in college hailed from Puerto Rico, the daughter of Cuban immigrants. I went to her wedding in Old San Juan and enjoyed a glorious few days on the island. Harry moved there a few years ago and often speaks of the beautiful setting and wonderful restaurants. I … Read more
by Jason Burack via Wall St For Main St For the first time in years, a major public pension system has slashed benefits for retirees: The Ohio Public Employees’ Retirement System voted last week to cut health care benefits provided to the pension’s current and future retirees beginning in 2022 to try and prevent the fund from plunging … Read more
by Martin Armstrong QUESTION: Mr. Armstrong, I really appreciate you are a student of law. I believe you should also write a book on the evolution of law for your understanding from the role of King Solomon on to our modern system deserves recognition. You seem to trace the fall of the rule of law and … Read more
“In South Bend, your chance of becoming a victim of a property crime is one in 20, which is a rate of 50 per one thousand population. Importantly, we found that South Bend has one of the highest rates of motor vehicle theft in the nation according to our analysis of FBI crime data.” Jun … Read more
