Tag: WorldNews

Plaza Accord Lite? Japan, Korea Get Green Light From Yellen For FX Intervention One week ago, when Japan's PM Kishida visited the White House and unwittingly sparked the latest Beltway fashion scandal, when Jeff Bezos' current wife appeared dressed as a middle-aged stripper to the dinner honoring the Japanese delegation, sparking online outrage among the commentariat who said Sánchez’s state dinner look was “totally inappropriate,” “embarrassing” and “the trashiest thing” to ever be seen at the black tie White House gala...

Iran Says It Could Pursue Nuclear Weapons If Israel Threatens Atomic Sites Iran's leadership has always strongly asserted that it is not pursuing the development of nuclear weapons, but instead has long sought a peaceful nuclear energy program. Various Ayatollahs over the decades have even declared the atomic bomb to be 'unIslamic' and against the teachings of the Koran. But that could change, Iran's military now says, should Israel launch an attack against the Islamic Republic following last Saturday's own Iran strike on Israel which was retaliation for the Damascus embassy attack of April 1st. The commander of Iran's Nuclear Centers Protection and Security Corps of the IRGC, Brigadier General Ahmad Haghtalab, has warned that any aggression a

"The Federal Reserve Is Clearly Trapped" Submitted by QTR's Fringe Finance Friend of Fringe Finance Lawrence Lepard released his most recent investor letter this week. He gets little coverage in the mainstream media, which, in my opinion, makes him someone worth listening to twice as closely.

Watch: Biden Falsely Claims That WWII Uncle Eaten By Cannibals, Twice Joe Biden has always been a prolific liar and plagiarist, but on Wednesday he took things to another level. While attempting to disparage former President Donald Trump for 'skipping out' on a 2018 visit to a military cemetery outside Paris (when in fact the Navy made a 'bad-weather' call), Biden claimed that his uncle, 2nd Lt. Ambrose J. "Bozey" Finnegan Jr., was shot down in World War

Existing Home Sales Plunged (Again) In March... But Prices Continue To Rise After the collapse in housing starts and permits in March, it is no surprise that existing home sales disappointed in the same month, dropping 4.3% MoM (-4.1% exp) after surging 9.5% in February. That is the biggest drop since Nov 2022. Sales were down almost 10% from a year earlier on an unadjusted basis, as sales of both single-family homes and condominiums and co-ops dropped.

"Yikes": Impeachment 'Whistleblower' Was In The Loop Of Biden-Ukraine Affairs That Trump Wanted Probed Authored by Paul Sperry via RealClear Wire, The ‘whistleblower’ who sparked Donald Trump’s first impeachment was deeply involved in the political maneuverings behind Biden-family business schemes in Ukraine that Trump wanted probed, newly obtained emails from former Vice President Joe Biden’s office reveal.

Apple's Dominance On Watch: Huawei Unveils New Smartphone Lineup With Advanced Chip  China's smartphone market has stumbled into a downturn as economic woes turn consumers cautious. At the same time, consumers are ditching Apple's new iPhone 15 and have embraced domestic brands. Huawei Technologies Co. is one of those domestic brands that gained popularity with Chinese consumers last fall when it released its 'Made-in-China' Mate 60, which helped erode Apple's market dominance in high-end handsets.  Now, Huawei has 

It's Time To Pay Attention To Funding Risks Again Authored by Simon White, Bloomberg macro strategist, The risk of a squeeze in US funding markets is increasing as the yield curve bear steepens, i.e. longer-term yields rise more than short-term ones. More attractive bill yields and climbing interest-payment costs on government debt are depleting reserves and reducing their velocity, increasing the chance of a disorderly upswing in funding rates, as well as posing a risk to the stock market. The bond market intimidates everybody, in the oft-cited words of Bill Clinton’s chief strategist James Carville. That description is apt today as rising yields reverberate across the financial system. Funding risks are in

Excused Juror Reveals Selection Process For Trump’s 'Hush-Money' Trial: 'All Have Prior Opinions' Authored by Jack Phillips via The Epoch Times (emphasis ours), A juror who was excused from serving on the Manhattan trial of former President Donald Trump provided details about the questions potential jurors were asked.

Jobless Claims Remains Deader Than Joe Biden's 'Uncle Bosey' In the real world labor market, 2024 has been a shitshow of layoffs... 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce 8. Farfetch: 25% of workforce 9. Away: 25% of workforce 10. Hasbro: 20% of workforce 11. LA Times: 20% of workforce 12. Wint Wealth: 20% of workforce 13. Finder: 17% of workforce 14. Spotify: 17% of workforce 15. Buzzfeed: 16% of workforce 16. Levi's: 15% of workforce 17. Xerox: 15% of workforce 18. Q

Decision to drop pledge to cut emissions by 75% by end of the decade labelled an ‘abject humiliation’ for SNP-Green coalition

Latest issues highlight challenge of picking people to sit in judgment on former president in ‘hush money’ case

Fund expects growth in Middle East and north Africa region and Pakistan to be ‘lacklustre’ 2.6% this year

Revolutionary Guards issue warning as US announces new sanctions

The trapped US funds are the difference between life and death for many of us

Victory Capital deal will nearly triple US assets under management

Bank has reduced Russian loan book but profits and headcount have increased since Moscow’s full-scale Ukraine invasion

Also in today’s newsletter, an insight into how CNN plans to cover the contest

US tech giants may dominate but they won’t have it all their own way

Pemex CEO says rating agencies and investors calling the Mexican state group a ‘bottomless barrel’ or ‘bankrupt’ are ignorant