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Zero Hedge 06/20/2019 02:00
Authored by Maria Polizoidou via The Gatestone Institute,. A recent speech by U.S. Ambassador to Greece Geoffrey Pyatt is causing Greek officials and the media alarm about American policy. In an address to the 7th Annual Hellenic Air Force Academy Air Power Conference on May 15, Pyatt stressed America's strong support for its long-standing alliance with Greece, but he seemed to imply that the State Department would be pressuring Athens and Cyprus to cede to Ankara in its dispute over drilling rights in the Aegean Sea. U.S. Ambassador to Greece Geoffrey Pyatt (right) at the 7th Annual Hellenic Air Force Academy Air Power Conference, on May 15, 2019.
Zero Hedge 06/20/2019 00:05
Authored by Judith Bergman via The Gatestone Institute,. In China, censorship, now largely automated, has reached "unprecedented levels of accuracy, aided by machine learning and voice and image recognition." — Cate Cadell, Reuters, May 26, 2019. As in other Communist regimes, such as that of the former Soviet Union, the Communist ideology does not tolerate any competing narratives. "Religion is a source of authority, and an object of fidelity, that is greater than the state... This characteristic of religion has always been anathema to history's totalitarian despots..." — Thomas F. Farr, President of the Religious Freedom Institute, in testimony before the Congressional-Executive Commission on China, November 28, 2018. In 2018, China had an.
Zero Hedge 06/19/2019 23:25
Authored by Mahwah Salamah via,. What did the domino tile say to its neighbour? “Don’t worry, it is happening far away!” and they both happily continued to stare at their ‘white dots’, ignoring the collapsing carnage down the line. Dominoes aren’t very smart; they are, after all, inanimate objects! People, however, are supposed to have brains and are expected to be cognizant of what’s happening around them and able to assess its implications on their wellbeing. Unfortunately, this rarely is the case, which may add credence to the theory that by settling into early agrarian communities, humans became more caring and supportive of each other, thus undermining the successful natural selection process by retaining idiot genes! I.
Zero Hedge 06/19/2019 23:05
Shockingly, the appeal of men in yoga pants isn't anywhere near as close to the appeal of women. Lululemon is finding this out the hard way, watching two of its " Men's exclusive" stores shutter in short order, despite the fact that a large part of the company's business going forward is going to be reliant on men's clothing, according to Bloomberg . Instead, Lululemon is finding out that it works better “as a dual-gender brand,” company spokeswoman Erin Hankinson said. She continued: “We continually test and learn at Lululemon -- which is what we did with the men’s stores.”That, of course, will beg the question from millennials: what if I don't identify as one of the two genders? Riots and protests incoming... The Toronto location had ope.
Zero Hedge 06/19/2019 22:25
Over a million people flood into the nation's capital every day; lawmakers, lobbyists, civil servants, students and tourists - and around 10,000 of the world's best spies . As WTOP 's J.J. Green notes in his three-part series on Washington D.C.; "Woven into that orderly bedlam are sophisticated networks of foreign nationals whose sole purpose is to steal secrets. Green's figure for 10,000 spies comes from the International Spy Museum in D.C. - and while there is "some quabbling about the numbers," the FBI apparently agrees with the premise. "It’s unprecedented — the threat from our foreign adversaries, specifically China on the economic espionage and the espionage front," said the FBI's Brian Dugan - Assistant Special Agent in Charge of Cou.
Zero Hedge 06/19/2019 22:20
Three weeks ago, at the start of June, we mocked Goldman's economics team for having come up with "Schrodinger's Fed Funds", when with Powell telegraphing an imminent easing cycle, the team of Jan Hatzius et al refused to throw in the towel and change its long-running forecast of no rate cuts in 2019 and one rate hike in 2020 even though at the same time it said that its "modal path" called for at least one rate cut by 2020.
Zero Hedge 06/19/2019 21:45
For all of Joe Biden's political experience - Jeff Gundlach recently said that Biden had spent 32 years running for president (unsuccessfully) - the former vice president has an uncanny habit of inserting his foot in his mouth at the worst possible times. That's precisely what happened to Joe Biden on Tuesday when he reassured a room full of mega-rich donors that "nothing would fundamentally change" if he wins the presidency in 2020, hardly the stuff progressive Democrats' dreams are made of.
Zero Hedge 06/19/2019 21:25
A 27-year-old former Democratic staffer who doxxed Republican senators during Supreme Court Justice Brett Kavanaugh's 2018 confirmation hearings was sentenced to four years in prison on Wednesday. Jackson Cosko - a Sanders supporter and son of a millionaire San Francisco developer tied to both House Speaker Nancy Pelosi (CA) and Sen. Dianne Feinstein (D-CA) - pleaded guilty in April to five felonies "related to an unparalleled effort to ransack a Senate office, extorting a Democratic senator, illegally harming Republicans for their political views, and blackmailing a witness," writes the Daily Caller 's Luke Rosiak. Cosko was a staffer for Sen. Maggie Hassan (D-NH), and later Sen. Sheila Jackson Lee (D-TX).
Zero Hedge 06/19/2019 20:45
NXIVM sex-cult leader and accused pedophile Keith Raniere was found guilty on Wednesday of running the ultra-secretive organization that hot-branded and tortured women as part of an organized scheme to provide himself with a constant supply of sex slaves. Within Nxivm, Raniere ran a secret society called DOS, in which slaves were tasked with recruiting slaves of their own.
Zero Hedge 06/19/2019 20:38
The 10Y US Treasury yield is now down 11bps from the FOMC Statement , plunging back below 2.00% for the first time since November 2016, erasing almost the entire move since President Trump was elected ... 30Y is also extending its gains, with the yield dumping to 2.50%, erasing all of the post-Trump growth move... Gold has spiked up to $1370... Its highest since July 2016... The Dollar is extending its losses... And the jaws of death keep yawning wider... Something's gotta give (reminder, Friday is quad witch)!
Zero Hedge 06/19/2019 20:25
A fourth cancer-causing compound was found in widely prescribed blood pressure pills, according to a new report by Bloomberg . The solvent dimethylformamide was discovered in the drug valsartan, manufactured by several companies including Novartis, by an online pharmacy, Valisure. The solvent, also known as DMF, is classified by the World Health Organization as a probable carcinogen. This adds to the worry about valsartan, which has seen dozens of its generics recalled since July 2018, when the carcinogenic chemical N-Nitrosodimethylamine (NDMA) was detected in a version of the drug made by a Chinese company. Valsartan is a treatment for hypertension that is frequently combined with other medicines into a single pill, and has been around fo.
Zero Hedge 06/19/2019 20:05
About a year ago, Jerome Powell was widely seen as the most hawkish Fed chair in years, perhaps decades, as a result of his determination to hike rates no matter what the macro environment looked like, eventually launching the great Q4 selloff with his comment that the fed funds rate is a "long way away from the neutral at this point", even though today the Fed indicated that the neutral rate has "dropped" all the way to 2.5% or right next door.
Zero Hedge 06/19/2019 19:45
Tesla is once again hiking the price of what used to be a standard option on their vehicles: the color black. CEO Elon Musk tweeted out on Wednesday that the company is now going to be charging $1,000 extra for anybody that would like the luxury of having their car in the color black, effective on the first day of the next quarter . Starting next month, Tesla will charge $1000 for color black (same price as silver). — Elon Musk (@elonmusk) June 19, 2019. In a subsequent tweet, Musk noted that the standard, free color is now going to be a "simple white". We can't help but wonder if this also happens to be the same "simple white" that the vehicle's parts are colored upon arriving at Fremont for production, from their OEMs, to begin with. As of
Zero Hedge 06/19/2019 19:25
Via,. Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of "democratic socialism" was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November, 2016.
Zero Hedge 06/19/2019 19:05
Casey Newton of The Verge is out with a new look inside the dismal lives of Facebook's PTSD-stricken content moderators - an army of contractors tasked with enforcing the company's content policies by viewing countless beheadings, suicides, rapes, murders, sexually abused children and other traumatic content. Illustrations by Corey Brickley. They're also the 'thought police' who have been criticized for selectively enforcing the company's definition of hate speech.
Zero Hedge 06/19/2019 18:45
Wednesday's FOMC statement has come and gone, and judging by the market's reaction, it off a laudable feat: Signaling that interest rates could soon be cut, particularly if the trade war isn't resolved before then. But in the latest report that could add some urgency to the discussions for both China and the US, Reuters revealed that Harley Davidson is planning to partner with China’s Qianjiang Motorcycle Co to build a newer, smaller motorcycle that will be manufactured and sold in China. The new model is a departure from the "big hogs" that Harley is known for manufacturing and selling in the US. But the decision isn't terribly surprising considering Harley's promise to move more production abroad.

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