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Zero Hedge 08/13/2020 10:30
Stimulus Impasse Likely To Drag Into September. Thu, 08/13/2020 - 10:30. The ongoing impasse over the next COVID-19 relief is likely to drag into September , as lawmakers have mostly fled to their home states, the next jobs report is weeks away, and the spotlight has shifted to the upcoming GOP and Democratic conventions, according to . As it stands, Democrats have offered to drop $1 trillion off their $3.5 trillion proposed package if Republicans will add roughly the same to their $1.1 trillion plan.
Zero Hedge 08/13/2020 10:15
Bankruptcies And Unpaid Rents Cost Mall Landlords Hundreds Of Millions In Q2. Thu, 08/13/2020 - 10:15. By Ben Unglesbee of. Mall operators have put numbers to the stresses of COVID-19 on the second quarter, with the ensuing mass closures, negotiations over rent and accelerating retail bankruptcies. . Simon Property Group CEO David Simon said his company took a. during the quarter from rent abatements and write-offs on bankrupt retailers, according to a Seeking Alpha transcript. . For Q2 Taubman Centers logged $32.6 million in it attributed to tenant bankruptcies and nonpayment during mall closures.
Zero Hedge 08/13/2020 09:59
Apple Launches Unprecedented Second Bond Offering To Fund Billions In Buyback: How Much Will The Fed Buy. Thu, 08/13/2020 - 09:59. Ten days after Google its corporate virtue with the largest ever ESG bond issue to "fight racial inequality", which was just another way of saying funding buybacks which will make the company's ultra rich shareholders even richer, Apple - which at last check had just under $200 billion in cash (most of which however is still offshore) - announced it would also join the recent borrowing boom with its second major bond deal of the year. Apple, which according to Bloomberg hasn't borrowed in dollars more than once in a calendar year since 2017, is tapping the investment-grade market for the second time since May to t.
Zero Hedge 08/13/2020 09:45
Apple Seeks To Boost Lagging Subscription Sales With "Amazon Prime"-Style 'Bundles'. Thu, 08/13/2020 - 09:45. Apple shares are riding high right now, after reporting blockbuster Q2 earnings with revenue from device sales beating expectations, and the company announced a stock split that has helped push its market capitalization even further into record territory. However, as at the time, there were a few blemishes on what was otherwise a sterling report, most prominent among them being a rare sequential decline in service revenue, which dipped to $13.156BN from $13.348BN last quarter. Although investors didn't seem to care when Apple announced the results last month, CEO Tim Cook has increasingly pushed growth in the company's services segmen.
Zero Hedge 08/13/2020 09:25
250 Million Reasons Why MicroStrategy Adopted Bitcoin... And Why Others Will Too. Thu, 08/13/2020 - 09:25. The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same, say supporters. MicroStrategy has adopted Bitcoin () as its reserve currency - and stunned commentators by over 21,000 BTC on Aug. 11. The world’s largest publicly-traded business intelligence company has swapped fiat for Bitcoin as its treasury reserve asset, but the reasons behind it suggest that more big businesses will have no choice but to do the same. Why did MicroStrategy choose Bitcoin, and will others follow? Digital gold. In a issued on Aug. 11, CEO Michael Saylor went further than most by cal.
Zero Hedge 08/13/2020 09:05
After "Extraordinary Event" Crushes Traders, Credit Suisse Forced To Accelerate "Berserk" NatGas ETN. Thu, 08/13/2020 - 09:05. Following yesterday's "berserk" price action in Credit Suisse's 3x Inverse Natural Gas ETN, the Swiss banking giant has been forced to do something about it. In recent years the price hadn’t risen above $600, but it advanced in each of the past five sessions with percentage increases of 35%, 34%, 29%, 223% and 400%, and closed on Wednesday at $15,000. That compares with the note’s net asset value of $124.01.
Zero Hedge 08/13/2020 08:43
How The Real World Is Just Like A James Bond Film? Rabobank Explains. Thu, 08/13/2020 - 08:43. By Michael Every of Rabobank. What's Your Favourite Bond Theme? We live in a world where all can agree on very little – but one thing that should be clear is that it’s all very James Bond. Charismatic billionaires; Cold War; secret agents; skulduggery; poisonings; spy apps in innocuous devices; military build-ups and warnings of hot war; police crack-downs; and, of course, a killer virus. Ironically, Bond himself is absent because the latest movie iteration, “No Time To Die”, has been delayed because of Covid-19: when it eventually comes out, is it going to be a wilder ride than what we already see in real life? And could Hollywood ever tell a story
Zero Hedge 08/13/2020 08:25
Soros Reveals How He's Invested Amid "Fed Liquidity Bubble"; Says Trump "Very Dangerous". Thu, 08/13/2020 - 08:25. Billionaire financier and political puppeteer George Soros says he's no longer invested in financial markets - admitting to Italy's that we're caught in a bubble fueled by Fed liquidity, and that ever since he shared his methodology in his book, "Alchemy of Finance," he no longer has an advantage. Soros explained that "two simple propositions" drove his investment strategy, according to . "One is that in situations that have thinking participants the participants’ view of the world is always incomplete and distorted.
Zero Hedge 08/13/2020 07:50
Germany Reports Biggest COVID-19 Tally In 3 Months As Outbreaks Spread "All Over The Country": Live Updates. Thu, 08/13/2020 - 07:50. As schools reopen in Berlin and elsewhere, Germany has reported another day of 1,000+ COVID-19 cases and the biggest single-day reading in three months, with the health minister warning of outbreaks across the country, blaming the spread on partiers and holiday travelers. In the country of 83 million, the number of confirmed coronavirus cases climbed by 1,226 to 218,519, according to data from the Robert Koch Institute.
Zero Hedge 08/13/2020 07:00
Philippines Plans Russian Vaccine Trials To Begin In October. Thu, 08/13/2020 - 07:00. A couple of days after Philippines President Rodrigo Duterte volunteered to take a test dose of the Russia-approved vaccine (after President Vladimir Putin claimed one of his two adult daughters received a course of the vaccine during "the experiment"), the Philippines has officially agreed to run clinical trials of "Sputnik V", and if successful, it would be registered for use within the country by April 2021. A spokesman for Duterte said on Thursday that trials would begin in October and, if they were successful, the "Sputnik V" vaccine would be registered for public use by April or May 2021, according to. This, even after Dr. Scott Gottlieb, the former he.
Zero Hedge 08/13/2020 05:30
Mnuchin Begs For Coins Amid Shortage; Avoid Depositing These Pennies. Thu, 08/13/2020 - 05:30. Treasury Secretary Steve Mnuchin urged his Twitter followers on Tuesday to swap out their spare coins for cash at banks amid a continuing nationwide coin shortage that appears to be worsening. If you have extra coins at home, please use them to make purchases— or deposit them at the bank or exchange them for cash.
Zero Hedge 08/13/2020 05:00
Ben & Jerry's Receives Backlash For Demanding UK Accept More Illegal Boat Migrants. Thu, 08/13/2020 - 05:00. Woke ice cream manufacturer Ben & Jerry’s received a backlash after demanding that the UK accept more illegal boat migrants in yet another example of a corporation trying to push its far-left political agenda. The company drew attention to the increasingly alarming situation on the south coast of England, where around 4,000 migrants have arrived illegally by boat in 2020 so far. Having paid off criminal people smugglers, the migrants are given a de facto taxi service by UK border authorities to the mainland and put up in hotels at taxpayer expense. “Hey @PritiPatel we think the real crisis is our lack of humanity for people fleeing war.
Zero Hedge 08/13/2020 04:15
UK's First Socially Distanced Concert Has Fans Sitting In Metal Boxes. Thu, 08/13/2020 - 04:15. Concert-goers at Gosforth Park, in the city of Newcastle, England, attended the country's first large-scale socially distanced outdoor show of the year. Sam Fender, an English singer, headlined the song "Hypersonic Missiles" in Gosforth Park, home of Newcastle Racecourse on Tuesday (Aug. 11). When fans arrived, the park was lined with 500 mini enclosures, kept apart at about 6.5 feet.
Zero Hedge 08/13/2020 03:30
Crisis In Belarus As Sign Of Global Division. Thu, 08/13/2020 - 03:30. Submitted by. Over the past days, Belarus, an eastern European state bordering with Ukraine, Poland, Lithuania and Latvia, has become a scene of a new regime change attempt on the territory of the former USSR. On August 9, the country held presidential elections and saw a dramatic increase of activity of opposition forces.
Zero Hedge 08/13/2020 02:45
Assad Nearly Passes Out During Speech Amid Feared COVID-19 Explosion In Syria. Thu, 08/13/2020 - 02:45. On Wednesday Syria's President Bashar al-Assad was delivering a televised speech before a newly inaugurated parliament when he appeared to nearly pass out . Shortly before the unusual incident which caused him to unsteadily and slowly walk away from the podium mid-speech, he was seen wiping his brow and briefly appeared in physical distress. State-run SANA, citing the office of the Syrian presidency, said it was due to a sudden drop in blood pressure . NEW - Here's footage of Bashar al- mopping his forehead, slowing his speech & stepping away from the podium mid-speech in . — Charles Lister (@Charles_Lister). He caught government ministers o.
Zero Hedge 08/13/2020 02:00
New Report Reveals US Special Forces Active In 22 African Countries. Thu, 08/13/2020 - 02:00. The US has roughly 6,000 military personnel scattered throughout the continent with military attachés outnumbering diplomats in many embassies across Africa. A published in South African newspaper The Mail and Guardian has shed light on the opaque world of the American military presence in Africa.
Zero Hedge 08/12/2020 23:45
This Is Amerika: Where Fascism, Totalitarianism And Militarism Go Hand-In-Hand. Wed, 08/12/2020 - 23:45. “In this present crisis, government is not the solution to our problem, government IS the problem.”- Ronald Reagan. There’s a pattern emerging if you pay close enough attention. Civil discontent leads to civil unrest, which leads to protests and counterprotests. Without fail, what should be an exercise in how to peacefully disagree turns ugly the moment are introduced into the equation. Instead of restoring order, local police stand down. Tensions rise, violence escalates, and federal armies move in. Coincidence? I think not. This was the blueprint used three years ago in Charlottesville, Va., in 2017 , when the city , became ground zero f.
Zero Hedge 08/12/2020 23:25
Australian Millennial Charged Over Supply Of 3D-Printed Firearms. Wed, 08/12/2020 - 23:25. A 29-year-old Australian man was charged with supplying 3D-printed pistols across Sydney after police raided his home. The Government of New South Wales (NSW) a statement on Tuesday (Aug. 11) of a man arrested at his St Marys home charged with supplying unregistered pistols and parts to unauthorized people across Sydney. Criminal Groups Squad detectives seized five 3D-printed pistols and parts in an early Tuesday morning raid. "Following extensive inquiries, Strike Force Raptor detectives, with assistance from Strike Force Raptor Operations Support Group (OSG), executed a search warrant at home at St Mary's from 6 am today (Tuesday, Aug. 11, 2020)," the.

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