On Wire

Breaking news, updates, and reports on current events.

CDC confirms you can catch Monkey Pox from hotel towels, bedsheets, trying on clothing

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Multiple people on social media (here, here, and here) claim monkeypox can potentially spread by touching clothing, bedding and towels that have previously come in contact with a person who has the virus. “Think twice before trying clothes on in a store, and maybe bring your own linens/towels for any hotel or Airbnb stay,” one post said. https://www.newscentermaine.com/article/news/verify/monkeypox-verify/monkeypox-transmission-spread-through-contiminated-clothes-bed-linens-fact-check/536-3a4ea57d-bbd4-4d3b-9d35-9b264a440264

Taiwan Wants Hypersonic Missiles

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On Sunday, just a day before the 95th-anniversary celebrations to mark the founding of the People’s Liberation Army (PLA), China conducted a test launch of its Dong Feng-17 (DF-17) medium-range hypersonic missile. Video footage of the live-fire launch, which took place at the Pingtan Islands, some 120 km (74 miles) from the Taiwanese coast, has been shared across social media. The display … Read more

China’s Financial Shortfall to Reach 6 Trillion Yuan

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The Chinese real estate market collapsed in July with all indices falling. An expert predicts that the real estate plunge, together with the economic slowdown, will lead to a financial shortage of 6 trillion yuan (about $889.6 billion) for local governments for the year, as the local governments’ revenues from land sales may be halved … Read more

Italy approves NATO for Finland, Sweden…

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ROME (Reuters) -Italy’s parliament on Wednesday gave its final approval to a bill ratifying the accession of Finland and Sweden to the NATO alliance. The Senate voted by 202 to 13 in favour of the bill, a day after the lower house approved it by a large majority. The accession needs to be ratified by … Read more

South Korea’s President Won’t Meet with Pelosi

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Nancy Pelosi has arrived in South Korea, continuing her Asia tour – now leaving in her wake a tense Taiwan situation that’s seeing Chinese PLA forces encircle the island with live fire drills – but South Korea’s President Yoon Suk-yeol will not meet with her. While he had a pre-scheduled “holiday” which was announced in advance, there’s been widespread … Read more

Gov. Ron DeSantis calls for doctors to be sued for providing children suffering from gender dysphoria double mastectomies and castrations

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#BREAKING: Gov. Ron DeSantis calls for doctors to be sued for providing children suffering from gender dysphoria double mastectomies and castrations "They wanna castrate these young boys – that's wrong … I think these doctors need to get sued for what's happening." pic.twitter.com/aKwsHIlzXF — Florida’s Voice (@FLVoiceNews) August 3, 2022

WH Admits “Inflation Reduction Act” Will Barely Reduce Inflation

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Economic experts and Biden Administration officials have come to a census regarding the Inflation Reduction Act, agreeing that the $739 billion democratic spending plan will do next to nothing to combat inflated prices over the next decade. The massive spending package, which raises taxes for everyone except those making between $10,000 and $30,000 per year and … Read more

Asset Prices Will Fall For Years? Commodities (Gold & Energy) Are The Anti-Bubble?

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Kevin Duffy with Jason Burack of Wall St For Main St Kevin runs the hedge fund Bearing Asset Management and is famous for his calls shorting the 1999 technology bubble and the 2008 housing crisis. Barron’s featured him in an article about his correct market calls and he is a fan of the Austrian School of Economics for decades. … Read more

Rising Financial And Economic Uncertainty: Watch Big Pension Funds

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by Dave Kranzler of Investment Research Dynamics After a decade of deranged monetary policies that ultimately amplified speculation beyond 1929 and 2000 extremes, we are so far from “normal’ that arriving anywhere near that neighborhood will be a journey. The recent market decline has simply retraced the frothiest portion of the recent bubble, bringing the most reliable market … Read more

Canada NWT had made it illegal for farmers to sell to the public, shutting down farm stands

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Canada is going full Lenin. https://t.co/LD3AwNyO7x — Marina Medvin 🇺🇸 (@MarinaMedvin) August 3, 2022 Can any canadians confirm this? It seems really too soon for them to be doing this. I expect iron fist control of the food to occur incrementally till you can’t buy food unless you’re approved, but did not anticipate it to … Read more