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Zero Hedge 02/27/2020 03:30
UK Government Document Warns Coronavirus Could Infect 80%, Kill Half A Million Brits. A leaked UK government document warns that under a worst case scenario, 80 per cent of Brits could be infected with the coronavirus and half a million would die. The document, which was leaked to the Sun newspaper, outlines "the reasonable worst case" outcome in which four fifths of the country to succumb to the virus. "The current planning assumption is that 2-3 per cent of symptomatic cases will result in a ­fatality," s tates the document, meaning that 500,000 would die. A spokesman for the Department of Health and Social Care emphasized that such numbers were a worst case scenario and "this does not mean we expect it to happen.".
Zero Hedge 02/27/2020 02:00
Sweden's Victimized Children. The number of children who rob other children has increased by 100% in only four years, to a new study by Swedish police about reported violent crimes in which children under the age of 15 are both the victims and the perpetrators. In 2016, there were 1,178 robberies against children under 18 years of age.
Zero Hedge 02/27/2020 01:00
"It's Crazy" - Pandemic Potential Crushes 'Chinatowns' Worldwide. Discrimination against China and Chinese people have erupted since the in January. Anxieties are high as many are avoiding Chinatowns across the world for fear, they might contract the deadly virus. From Australia to New York City to Toronto to England to San Francisco, Chinatowns in many regions of the world have transformed into ghost towns. We noted this last week. Lily Zhou, 39, who owns a Shanghai-style restaurant in Australia's Chinatown, told her food sales had crashed 70% since late January, which is around the time the virus started making headlines. She said her operation can withstand another few months of low traffic, and then after that, she would have to close do.
Zero Hedge 02/26/2020 23:45
Thousands Of US Troops Return To Saudi Base After 17-Year Absence To "Deter Iran". After a nearly 17 year absence, US troops have returned Saudi Arabia's Prince Sultan Air Base. The last time the base, which lies about 60 miles outside of Riyadh, saw an American presence was in 2003, after which the troops moved to Qatar. The American troop surge into the gulf region to curtail Iran continues even as the world is focused on the coronavirus pandemic, which appears to be . While the Pentagon focuses on "deterring Iran," the Islamic Republic is busy dealing with a very different and more immediately devastating threat . Coronavirus has killed 19 Iranians among 139 confirmed to be infected, as we reported earlier, and one lawmaker has is actuall.
Zero Hedge 02/26/2020 23:25
Russiagate: The Toxic Gift That Keeps On Giving. All smears are boomerang smears. That is why anyone worth a damn does not engage in it. That goes for the Russia-Gaters, the left/right smears on Gabbard, the years of left/right smears on Assange, the attacks on the Green Party and now the Russia narrative attacks on Sanders. Falling into line with the secret police will not save anyone. Red Scares target dissenters and promote war. Isn’t the history clear enough?”- Richard Moser. The smacks of desperation and dishonesty. Of course, the role played by the preposterous Russiagate conspiracy theory has always been the same: to be a distraction from issues that really matter. At best, it makes a mountain out of molehill. At worst, it’s straight
Zero Hedge 02/26/2020 23:05
Decoupling Accelerates: Google And Microsoft Shift Production From China. Earlier this month, we how the Covid-19 outbreak would force companies with high centration of supply chains in China to "rework" operations to other countries to avoid future disruptions. confirmed our thoughts on Wednesday when sources said Google and Microsoft, who are currently in China, will shift production of their phones, computers, and other devices to factories in Vietnam and Thailand in the coming months. Two sources with direct knowledge of the shift said Google would begin production of its Pixel 4A smartphone in northern Vietnam in April.
Zero Hedge 02/26/2020 22:45
Key Witness In Harvey Weinstein Trial Hit By Car And Hospitalized. Dr. Barbara Ziv the forensic psychologist who played a key role in the conviction of Harvey Weinstein by testifying as a witness in his trial was recently hospitalized after being hit by a car. Not much is known about her condition or the circumstances of the incident aside from the fact that she was hit by a car while crossing the street and is in the hospital with multiple broken bones. Law and Crime that there is no evidence that Ziv’s injuries have anything to do with her role as a witness in the Weinstein trial, but the timing and the fact that Weinstein is notorious for his ruthless intimidation tactics makes the incident suspicious.
Zero Hedge 02/26/2020 22:25
YouTube Isn't A Public Forum: PragerU Loses Conservative Censorship Case. Social media platforms accused of politically biased, selective enforcement policies will be allowed to continue discriminating against conservatives, according to a Wednesday court ruling from the Ninth Circuit court of appeals - which has been heavily criticized for on immigration and other matters. The court rejected an argument by conservative radio talk show host Dennis Prager, who claimed that his conservative PragerU videos were receiving unfair treatment by the Silicon Valley behemoth - determining that YouTube, which is owned by Google, is not a state actor subject to First Amendment constraints. A California federal judge first dismissed the 2017 complaint in.
Zero Hedge 02/26/2020 22:05
Four Reasons Inequality Isn't What You Think It Is. One of the defining characteristics of advocates for socialism is an obsession with equality. According to this line of thinking, inequality is the central problem of the modern world, and it demands a centralized solution. Thus, socialists - and more mild social democrats - push to use the power of the state to force the transfer of wealth from the productive and successful to those who are less so. This is the way to achieve social justice, they contend. But inequality is not the societal plague that socialists allege it to be. The Source of Wealth: Consumer Judgment. Contrary to popular belief, the way to make money is not to exploit one’s customers. The reality is the opposite. Wealth is.
Zero Hedge 02/26/2020 21:45
Over 20 Killed, 200 Wounded In Sectarian Riots Which Coincided With Trump's India Visit. The death toll from days of riots which coincided with President Trump's first ever official visit to India early this week has risen to at least 20 killed and nearly 200 wounded , reports. New Delhi has seen the worst sectarian violence in decades after Hindus and minority Muslims clashed — along with security forces attempting to put down the violence — over the controversial new citizenship law, which prioritizes citizenship for non-Muslims from neighboring countries who immigrate. "This was the first time that the protests have set off major bloodshed between Hindus and Muslims," crossing "an old and dangerous fault line," . Shortly before concluding.
Zero Hedge 02/26/2020 21:25
China Car Sales Continue To Crater, Down 83% For The Third Week In February. Chinese auto sales continue to be a sinking ship on the heels of both an auto recession that has been in full swing for the last 18-24 months - and now the impact of the coronavirus. Though the narrative coming out of China is that the country is attempting to return to some normalcy, the data from the company's auto market tells us very differently.
Zero Hedge 02/26/2020 20:29
Coronavirus Paralyzes Global Credit Market As New Issuance Crashes To Zero. In the early days, when virtually nobody paid attention to the coronavirus pandemic which China was doing everything in its power to cover up, markets were not only predictably ignoring the potential global plague - after all central banks can always print more money, or is that antibodies - but until last week, were hitting all time highs.
Zero Hedge 02/26/2020 20:25
SoftBank 'Vision Fund' Chief Carried Out Weinstein-Style Sabotage Campaign To Sideline Rivals. Over the past six months, the words "SoftBank", "Vision Fund" and "WeWork" have become emblematic of the excessive valuations of Silicon Valley "unicorns". When a series of anonymously-sourced reports by WSJ and several rivals claimed investors were valuing WeWork at just one-fifth of its massive $47 billion, the company quickly pulled the IPO, before admitting that without the money from the IPO and a $6 billion credit line that was contingent on the dealing going through, WeWork would be insolvent in a matter of months. This triggered a frantic rescue by WeWork's biggest backer, SoftBank, which had poured both the firm's capital, and capital belo.
Zero Hedge 02/26/2020 20:05
"Haven Of Last Resort" - Goldman Sees Gold At $1800 Due To Virus & Bernie Sanders Fears. Over the past two weeks gold has surged higher, in line with the decline in long-term bond yields and global equity sell-off as new cases off Covid-19 in Europe and the Middle East threaten to curtail global economic activity. Goldman Sachs suggests there is more to come for precious metals as with rates getting closer to their lower bound, gold looks increasingly like the safest haven . Mikhail Sprogis outlines three factors behind continued gains for gold (12m forecast $1800)...
Zero Hedge 02/26/2020 19:45
Scientists Discover HIV-Like "Mutation" Which Makes Coronavirus Extremely Infectious. While mainstream scientists continue to perform mental gymnastics to insist that the new coronavirus wasn't man-made, new research from scientists in China and Europe reveal that the disease happens to have an 'HIV-like mutation' which allows it to bind with human cells up to 1,000 times stronger than the Sars virus , according to . Recall that at the end of January, a team of Indian scientists wrote in a , scandalous paper claiming that the coronavirus may have been genetically engineered to incorporate parts of the HIV genome, writing "This uncanny similarity of novel inserts in the 2019- nCoV spike protein to HIV-1 gp120 and Gag is unlikely to be fortuit.
Zero Hedge 02/26/2020 19:25
U.S. Intelligence Is Intervening In The 2020 Election. President Trump’s ongoing purge of the intelligence community, along with Bernie Sanders’ surge in the Democratic presidential race, has triggered an unprecedented intervention of U.S. intelligence agencies in the U.S. presidential election on factually dubious grounds. Former CIA director John Brennan sees a in President Trump’s latest moves against the intelligence community. Brennan charges, "Trump is abetting a Russian covert operation to keep him in office for Moscow’s interests, not America’s."
Zero Hedge 02/26/2020 18:45
Paying The Price For Our Faustian Bargain With China. Roughly forty years ago we and the Chinese entered into a true Faustian bargain. We agreed to open our markets to Chinese goods, and the Chinese in exchange opened their nation to foreign investment and manufacturing. We were motivated by greed. Factories in China would have access to seemingly unlimited quantities of low cost workers. It did not hurt that those factories would be unencumbered by unions, workplace safety laws or environmental regulations. The Chinese were motivated by a desire to survive. The Soviet Union was tottering toward extinction, destroyed not by American forces on the battlefield but by rot and inefficiency in its economy. The Chinese would escape that fate by gi.
Zero Hedge 02/26/2020 18:10
Japan Cancels Sport And Cultural Events Amid Concerns Olympics Could Be Canceled. With the 2020 Tokyo Summer Olympics scheduled to begin on July 24, Japan has already started canceling sport and cultural events amid the broadening of the . Tokyo's Yomiuri Giants baseball team is expected to play two preseason games in an empty stadium to minimize the transmission of the virus. The move comes as Japanese Prime Minister Shinzo Abe ordered all sport and cultural events to be halted for the next two weeks, reported . "Taking into account that the next one to two weeks are extremely important in stopping the spread of infection, the government considers there to be a large risk of transmission at sports, cultural events, and large gatherings of p.
Zero Hedge 02/26/2020 17:35
"You Had To Be Fairly Wealthy": $1,750 To $3,200 Ticket Prices For Dem Debate Spark Disgust. Unusually loud booing and jeering at Sens. Bernie Sanders and Elizabeth Warren during Tuesday night's Democratic presidential debate — particularly when the senators criticized billionaire businessman Michael Bloomberg — sparked probing questions about the class composition of the audience packed inside the Gaillard Center in Charleston, South Carolina. Journalists and other observers pointed to from Feb. 6 on the Charleston County Democratic Party's offer of a $1,750 to $3,200 sponsorship package that included tickets to the Charleston debate and other events. "This is something that the average person doesn't usually get to go to," Colleen Condon,

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