By Tsvetana Paraskova Russia’s Energy Minister Alexander Novak is discussing with oil firms on Tuesday the possible extension of the current oil production cuts beyond June, sources with knowledge of the meeting’s agenda told Reuters. The OPEC+ group pledged in April production restrictions of 9.7 million bpd in May and June, before easing the cuts to 7.7 million … Read more
President Xi Jinping said on Tuesday China would step up its preparedness for armed combat and improve its ability to carry out military tasks as the coronavirus pandemic is having a profound impact on national security, state television reported. China’s performance in fighting the new coronavirus has shown the success of military reform, Xi was … Read more
Fascinating piece from former CBS News president about how media are too far gone to correct course. Our media are the most powerful and unaccountable political advocacy group in the country. https://t.co/6LNznHwmgn — Mollie (@MZHemingway) May 25, 2020 Now George Soros owns the Nytimes? Things can only get worse and they were bad enough to … Read more
by Amy S. I am one–hundred percent convinced that a dramatic and negative change in our economy will happen very soon. Quantitative easing, over-inflated home and student loans, and a stock market built on nothing but hopes and dreams are certain to bring a collapse of the U.S. economy. We’ve watched inflation continue to climb, … Read more
California didn't set # or % for capacity requirements for reopening of dine-in restaurants, but set guidelines for churches to restrict capacity to 100 people or 25%. How is this not a violation of the 1st Amendment? Sounds like a case for @realDonaldTrump & @TheJusticeDept. — Rep Andy Biggs (@RepAndyBiggsAZ) May 25, 2020 GOLD’S GYM … Read more
https://www.youtube.com/watch?v=gT12OY89nN0
“Please delete those tweets,” the widower begged in a letter last week to Twitter’s chief executive, Jack Dorsey. “My wife deserves better.” Yes, Twitter, Lori Klausutis certainly does deserve better, nearly two decades after she died in a tragic accident that has morphed into a macabre and continuing nightmare for her husband, Timothy Klausutis. The … Read more
by Thorsten Polleit via Mises The science of economics is different from natural science. In natural science, it is possible to detect regularities in the form of “When A, then B” or “If A rises by x percent, B changes by y percent.” As a result, in natural science it is in principle possible to come up with more … Read more
Amazing! I assume he programmed his tractor to do this somehow because the font is perfect! Gotta be visible from space, right? Here’s the farmer’s Twitter if you want to give him a follow: https://twitter.com/lgutwein99_31 h/t STAX
With interest rates falling to the lowest level on record, this should be a banner time for households in search of a new mortgage. It isn’t. Mortgage availability has tightened sharply as lenders impose tougher income, credit-score and down-payment conditions and drop some loan types altogether, such as home-equity lines of credit. The economic shock … Read more
by dancingbearstonks Japan stock market chart View post on imgur.com 30 years later, still no new highs. They lowered interest rates to 0 by the year1999. They even went negative interest rates. Japan printed tons of money, here is there money supply chart View post on imgur.com Why did it no hit new highs, how … Read more
You need savings if you’re going to invest, and before you can save, you need to get out of debt. Given the high interest rates on credit cards and other types of revolving credit, you should almost always pay debt before saving or investing, unless interest rates are atypically low. But how do you get … Read more
The market is currently at a crossroad. The financial markets are riddled with uncertainties. Some businesses are struggling to stay healthy, while others are growing exponentially due to sudden spikes in demand. It is difficult to see where the economy is going, although all signs point to a steady and sustainable growth, albeit at a … Read more
"Here we are, in an over-leveraged system that gets hit by a pandemic. It's hard to see how the Fed or the country can extract themselves from that in any reasonable time frame." https://t.co/QrHAP9cMpQ — Lisa Abramowicz (@lisaabramowicz1) May 25, 2020 https://twitter.com/BagholderQuotes/status/1265067555317788672 Ironically The #FED Incl Janet Yellen Had Been Warning Of Excessive US Corporate … Read more
By Alex Kimani Hedging is a popular trading strategy frequently used by oil and gas producers, airlines, and other heavy consumers of energy commodities to protect themselves against market fluctuations. During times of falling crude prices, oil producers normally use a short hedge to lock in oil prices if they believe prices are likely to go … Read more
Joe seemed to forget his opponent in an interview and declared that he would defeat himself AC
#BREAKING WHO suspends trial of hydroxychloroquine as COVID-19 treatment over safety concerns pic.twitter.com/96SrmMykVy — AFP News Agency (@AFP) May 25, 2020
Rob Kirby interviewed by Dunagun Kaiser on Reluctant Preppers Breakthrough Analysis: the Fed and UST are re-running the 2009 Global Financial Collapse playbook at hyper-scale.. New forensic analysis of the officially released financial record from the Office of the Controller General during the epicenter of the 2008-2009 global financial collapse reveals inexplicably massive $10T capital flows into the bankrupt … Read more
A hair stylist in Springfield, Missouri, exposed as many as 91 people to coronavirus after working at a salon for eight days while symptomatic, health officials said Friday. The exposed include 84 Great Clips customers and, potentially, seven coworkers, said Clay Goddard, director of the Springfield-Greene County Health Department. The condition of the stylist, who was not … Read more
Watch the latest video at foxnews.com Months from now, if and when we’re finally able to assess the coronavirus pandemic rationally and honestly, it’ll be clear that it was mostly a disaster for the old and the sick. Thirty-year-olds in Brooklyn have made the most noise, flooding the Internet with their neuroses. But it is old people who have … Read more