from Russia Insider: Now if Washington wants to keep this it will have to sanction Russia itself. In the past weeks the Kremlin has shown it’s willing to punch back as well as take drastic necessary defensive action in the face of Washington sanctions at a moment America is preoccupied and made more vulnerable by the coronavirus threat — first … Read more
Iran also deployed other anti ship systems, anti air systems, and missiles that can reach Saudis and other gulf states. Iran has tech and guidance from Russia and China, the right place to test their carrier killers Iran is ready to confront any US/Israeli aggression. Deployment of missile launchers on Qeshm Island overlooking strait of … Read more
Horrifying video shows a coronavirus-stricken man spit in the face of another traveler in Thailand before boarding a train and dropping dead. Anan Sahoh, 56, tested positive for the virus after he was discovered dead Tuesday on the train from Bangkok to the southern city of Narathiwat, Metro UK reported. Before embarking on the journey, Sahoh … Read more
2:30 EST, time subject to change
by sundance Things are getting interesting, potential ramifications are growing, as the FISA Court responds to the latest information from the DOJ Office of Inspector General (OIG). After a review of 29 FISA applications, from eight FBI field offices, the OIG informed the FBI and DOJ that none of the surveillance applications were compliant with the Woods procedures. … Read more
The world has changed https://t.co/imddmTeD9D — IZ (@siddiqui71) April 4, 2020
https://twitter.com/linzcom/status/1246266884145565696
https://www.cnbc.com/2020/04/03/bank-of-americas-small-business-loan-portal-is-up-making-it-the-first-bank-to-accept-applications.html Bank of America recieves request for SBA loans worth 6 Billion in first half day. If we assume 1% fees (which varies between 5%-1%), BAC will earn at least 60m in first day. Bank of America said that about half way through its first day administering a small business relief program, more than 58,000 … Read more
by HowGreatAreYourDanes Mortgage Servicing Crisis – Chapter 2 – Forbearances I submitted a post last week summarizing some issues in the mortgage industry. It was a long article from Barry Habib with some insight/conclusions. I’m writing this to add to that post with some additional info about what’s going on in the industry and how … Read more
As many as 205 million Chinese workers cannot find jobs or are unable to return to their previous posts, according to one analyst Debate over China’s unemployment reality amid coronavirus heats up, with holes picked in official government statistics https://www.scmp.com/economy/china-economy/article/3078251/coronavirus-chinas-unemployment-crisis-mounts-nobody-knows
by hanudu Someone took advantage of the pop in the stock and paid $0.44 for 631 of the June 2022 $5 strike puts The stock is trading around 500. Risking $0.44 to make $4.56, so getting more than than 10 to 1. This might be someone that is long TSLA bonds or has some other … Read more
Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up; & in @MoodysInvSvc worst-case scenario, default rate could spike above 20% (past GFC levels) @Reuters @SPGlobal pic.twitter.com/6d39olHH0W — Liz Ann Sonders (@LizAnnSonders) April 3, 2020 Sure is interesting how all those BBBs have maintined their investment grade ratings with Fitch … Read more
via MN Gordon “The bank is something more than men, I tell you. It’s the monster. Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Dollar Debasement The monster of all monsters is rampaging far and wide. The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, … Read more
CNBC’s “Halftime Report” is joined by Richard Fisher, former president of the Dallas Federal Reserve, to discuss his outlook for the U.S. economy.
100 years ago, American politicians convinced Americans that a new age was here. Individual liberty was yesterday’s news. The principles of the Declaration of Independence and Constitution were ideas of a bygone era. Government would now take over. It would micromanage, “regulate” and “run” life in America. After 100 years of never-ending wars and intervention … Read more
by teenytinyearthling The C.D.C. is expected to advise all Americans to wear cloth masks in public. So I’ve pulled together some links to help people make (or buy) cloth face masks. No sew, with square fabric: No sew, with old t-shirt: No sew, without cutting up a t-shirt, plus also kinda badass: Hand sew, … Read more
BERLIN —The coronavirus pandemic, with its simultaneous health and economic crises, is deepening fault lines within Europe in a way some leaders fear could prove to be a final reckoning. The cohesion of the European Union had been battered by Brexit, bruised by the political fallout from the 2015 migration surge and the 2008 financial … Read more
By RFE/RL staff When Vladimir Putin was given a dire forecast of the economy under the cloud of a crippling coronavirus pandemic and a sharp fall in global demand for petroleum, the Russian president was much less bullish about his country’s prospects in a price war with oil-producing rival Saudi Arabia. “For our economy, yes definitely, this is … Read more
Face coverings recommended, but Trump says he won’t wear one WASHINGTON (AP) — President Donald Trump announced new federal guidelines Friday recommending that Americans wear face coverings when in public to help fight the spread of the new coronavirus. The president immediately said he had no intention of following the advice himself, saying, “I’m choosing … Read more
The fog of war obscures much about the novel coronavirus pandemic. But two facts seem absolutely certain. First, China’s Communist authorities have lied, concealed and misled about the origins of the epidemic and the toll of the virus in China. Second, the World Health Organization has acted as Beijing’s handmaid. The result: The global toll … Read more