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It is Chinese Estates’ biggest loss since 2010 when it lost HK$8.85 billion (US$1.1 billion) Company says loss of about HK$7.87 billion from the disposal of shares in China Evergrande would be recorded as ‘other comprehensive expense’ for the year Chinese Estates Holdings is expected to post its biggest loss in more than a decade, … Read more
At least 21 people died on Saturday when their cars got stuck on snowy roads leading to the popular tourist city near Islamabad, Pakistan’s capital. Soldiers rescued people from at least 24,000 vehicles stuck in heavy snow near the town of Murree, officials said. Other snow-covered drivers and their passengers were given blankets and food. … Read more
by IronWolve Donald Trump: ‘Everything Woke Turns to S**t’ NAVY TRAINING GOES WOKE: Boot camp to include classes on suicide prevention, hazing, racism and sexual assault after numerous crisis over past number of years. The Navy will add two weeks of training to its boot camp program that focusing on suicide and sexual assault prevention, … Read more
by Martin Armstrong I have been warning that governments will do whatever they like as we enter this last 13 years phase into 2032 when this all just collapses. Turkey has seized 25% of all income of exporters in foreign currency reserves requiring them to be converted to lira to boost Turkey’s foreign reserves. I … Read more
Read more: https://t.co/JUy6QAY8xD — Election Wizard (@ElectionWiz) January 9, 2022
The municipal government of Beijing slapped the 7-Eleven convenience store chain with an ominous warning and roughly $23,500 in fines for violating Chinese Communist Party speech codes, including such “errors” as the “wrongful act of assigning Taiwan province as an independent country” and using Japanese names for disputed islands claimed by China. The fines were … Read more
2022 will be remembered as the year of the Fed. As inflation sits at 39-year highs, the Fed is frantically trying to control it. However, there’s a fine line between: 1. Hawkish policy to tame inflation 2. Too hawkish of policy which crashes $SPX Prepare for volatility. — The Kobeissi Letter (@KobeissiLetter) January 9, 2022 … Read more
They don’t even hide their intentions anymore. Biden make more cars or make Americans poorer. 🤣 🤣 https://t.co/0aaQrkcTUb — Goldfiinger ⚡️⚡️ (@Goldfiinger) January 7, 2022 https://timeandsalesreporter.com/2022/01/09/appalling-joe-biden-on-rising-car-prices-you-reduce-the-demand-for-cars-by-making-americans-poorer-video/ h/t VinoSom
Izzet Kocak, from Turkey, has turned to the high-tech headgear after seeing a study suggesting it makes the cows happier. This, in turn, means they produce more milk. Kocak says the move is already paying off. He’s given the headsets to two of his cows and noted that milk production went up from 22 litres … Read more
Anti-nuclear fever has long gripped Germany, and now they are going to shoot themselves in the foot by shutting down their nuclear plants in the midst of an energy shortage as they make themselves more dependent on wind and solar to provide enough electric power. Read Here: https://www.rt.com/business/544897-europe-germany-green-policy-trap/ Germany is shutting down three nuclear power … Read more
More than 800,000 noncitizens and “Dreamers” in New York City will have access to the ballot box — and could vote in municipal elections as early as next year — after Mayor Eric Adams allowed legislation to automatically become law Sunday. Opponents have vowed to challenge the new law, which the City Council approved a … Read more
– Blames “Right Wing Hate” and 1/6 For Negative Coverage (Gateway Pundit) In a bizarre video that was posted online on Saturday, disgraced Hollywood actor Alec Baldwin demanded justice for the woman he killed on the set of a New Mexico movie production by calling on investigators to do “everything in their power” to “find … Read more
by Martin Armstrong A reader sent this image in and asked me to spot the differences. A few independent news sources remain in America, but they are not part of what we consider the “mainstream media.” So seek out the truth because what is presented to you will be an altered version of reality.
by David Brady via Sprott Money For once the Fed surprised the markets with a far more hawkish message than anticipated. The Fed stated that inflation was not only persistent but also expected to rise even further, aided by the continuation of supply chain issues. With this in mind, they announced that rate hikes and another round of … Read more
Via Antonius Aquinas One year ago a haphazard and foolish attempt was made by supporters of former President Donald Trump to disrupt a joint session of Congress which had assembled to formalize the victory of then president-elect Joseph Biden. Some Congressional offices were vandalized while Congress had to halt proceedings as representatives were evacuated and … Read more
Just checking in on Wall Street Bets. Someone is trying to organise a bank run. Totally normal. pic.twitter.com/B7sRA3YwPl — Xavier MacDuff (@xvrmdf) January 9, 2022
Yet the growth rate tends to be remarkably smooth and cyclical pic.twitter.com/ojzA6UsdjW — Eric Basmajian (@EPBResearch) January 9, 2022
Well, this is not getting any better #supplychains https://t.co/tNWtWStxfS — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 9, 2022
https://twitter.com/Breaking911/status/1480081899121000451 h/t last one
by confoundedinterest17 According to Attom, US home prices are growing faster than rents in nearly 90 percent of the nation; but prices are still more affordable in almost 60 percent of U.S. markets; Renting remains more financially viable in most-populous urban areas. If we look at Attom’s map of affordability, you can see that in western states, … Read more