President Trump’s hurried demands to get the nation “back to work” before Easter probably couldn’t come at a worse time. Across the US, but mainly in a handful of ‘hot spots’, most notably New York City and the surrounding area, the number of confirmed cases and deaths attributed to COVID-19 is climbing at an alarming rate. According to John Hopkins data, Wednesday was the deadliest day […]
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Summary: Prince Charles tests positive for coronavirus Tokyo reports largest daily jump in new cases Spain deaths pass mainland China total Deal struck on $2 trillion US rescue bill Germany, Japan scramble to pass their own rescue legislation US case total passes 55k, death toll hits 792 Indian governor defies lockdown Bank of Spain warns about economic fallout Taiwan announces 19 new cases 3 Navy sailors […]
We have a deal, folks! It appears on early Wednesday morning, the White House and Republican and Democratic Senate leaders reached a deal to keep the American economy humming during the virus crisis and hopefully avoid depression in the second and third quarters. The new Senate proposal will inject $2 trillion into the US economy, just like a shot of heroin, providing tax rebates, four months […]
The Dow Jones Industrial Average surged by more than 11 percent on Tuesday as Donald Trump proposed an end to the shutdown, and Senators came close to reaching an agreement on the coronavirus stimulus bill. The rise marked the Dow’s biggest percentage gain since 1933. It was a strong day for all major averages, as the Dow closed at 2,112.98 points higher while the S&P 500 surged […]
The Egyptian authorities have evacuated the largest commercial market in Cairo in its efforts to curb the coronavirus outbreak. Brigadier General Majed Ahmed told journalists that the security forces have evacuated around 40,000 people from the Ataba market in Al-Moski neighbourhood following the government’s decision to ban public gatherings, including in the markets and on the streets. Ahmed added that the market area is overcrowded and […]
The Humanitarian Fund of Qatar’s Emir Sheikh Tamim bin Hamad Al Thani has donated more than $43 million to the UN Refugee Agency to support displaced populations in Yemen, Lebanon, Bangladesh and Chad, UNHCR said in a press release on Monday. “UNHCR, the UN Refugee Agency, and the Thani Bin Abdullah Bin Thani Al Thani Humanitarian Fund announced today in Doha Sheikh Thani’s largest contribution so far to UNHCR,” the release said. “UNHCR is very grateful for the unwavering commitment […]
Over the past two days, the number of confirmed coronavirus cases and deaths has seen the largest jump on record, even as the number of newly reported cases plateaus in Europe, as New York and a handful of other US states ramp up testing. On Monday, the US was hardest hit, with states adding 10,168 cases, the largest single-day increase for any country outside of China. […]
A 6.0-magnitude earthquake has struck near Croatia’s capital Zagreb on Sunday morning, the German Research Centre for Geosciences has said A 6.0-magnitude earthquake has struck near Croatia’s capital Zagreb on Sunday morning, the German Research Centre for Geosciences has said Source
When historians look back at this time, we suspect that California Gov. Gavin Newsom’s landmark decision to order more than 40 million Californians to remain at home on Thursday night will be remembered as an important demarcation point – the beginning of a more heavy handed response as it becomes increasingly clear that too many Americans are simply ignoring the government. So far, NY Gov. Andrew […]
Last week, following a series of unprecedented, shocking market moves, we explained that a big reason behind the decorrelated cross-asset rollercoaster was due to an unprecedented, the biggest ever VaR shock, that forced risk parity funds, which until 2 months ago were the most levered ever, to engage in an unprecedented liquidation and delever to levels that were more suitable for the current, well, market crash. […]
Jing Fong is the largest Chinese food restaurant in New York City. And now, due to fallout from the coronavirus outbreak, it has been forced to close its doors for the first time in 48 years. The restaurant was founded in 1972 by the grandfather of Truman Lam, who is the restaurant’s current owner. The coronavirus slowdown has forced the popular Dim Sum restaurant to close, […]
The UK’s National Health Service is facing a “massive shortage” of ventilators needed to treat severe coronavirus cases and will “pay the price” for failing to invest ahead of time, according to the CEO of a Swiss manufacturer. The British government’s failure to invest properly in intensive care equipment will come back to haunt it, Andreas Wieland, CEO of Hamilton Medical, told Reuters on Wednesday. “They […]
We are literally witnessing history in the making. For the third time in the last six trading sessions, we have witnessed the largest single day point crash in stock market history. Let that sink in for a moment. On March 9th, the Dow set a new record by falling 2,013 points. Then on March 12th, the Dow set a new record again by falling 2,352 points. […]
Seattle is running out of protective gear for first responders and medical facilities as COVID-19 continues to spread in the hardest-hit region in the country, and they are days to week away from running out if they don’t receive new supplies from a national stockpile. Mayor Jenny Durkan (D) told The Hill that according to current estimates, there are over 1,100 people in the greater Seattle […]
It has happened again. On Thursday the Dow Jones Industrial Average fell 2,352 points, which was the largest single day stock market point crash in history. Of course the old record only lasted for three days, because on Monday the Dow dropped 2,013 points. And on Wednesday, we actually witnessed the third largest single day stock market point crash in history. So the three worst days […]
The worst-case coronavirus scenario is now being realized for German ports, as collapsing trade volumes from China could push Europe’s largest economy into recession. For the last three weeks, global markets have been obsessed with economic paralysis that is quickly spreading across Asia, Europe, and the Americas. An economic shock combined with a virus outbreak is what triggered a macro matters moment for investors, who sold […]
9 Mar, 2020 20:01 Stocks are cratering as markets close on Monday, with the Dow down close to 7 percent in the largest single-day drop in NYSE history and the S&P and Nasdaq not far behind. Coronavirus and a drop in oil prices are to blame. Source
Chinese technology giant Huawei announced this week a strategic partnership with Russia’s Sberbank to provide cloud services for Russian businesses. The clients of SberCloud.Advanced are projected to range from large businesses to small and medium-sized enterprises (SMEs) and start-ups. They will have access to 37 new cloud services, which will be fully integrated into one system. Also on rt.com Chinese tech titan Huawei buys Russian facial […]
Authored by Aaron Kesel via TheMindUnleashed.com, Astronomers in Perth, Australia recently detected and observed the largest explosion ever found in the universe since the Big Bang, according to a study published in the Astrophysics Journal. “We’ve seen outbursts in the centers of galaxies before but this one is really, really massive,” said Curtin University professor Melanie Johnston-Hollitt. “And we don’t know why it’s so big. But it happened very slowly—like an […]
“Don’t come to us. Sweden is full. We can’t give you more money or provide any housing. Sorry for this message. The people of Sweden, Sweden Democrats”, the flyers said. Amid the ongoing asylum chaos on the EU’s frontiers, the leader of national-conservative Sweden Democrats Jimmie Åkesson has travelled all the way to the border between Greece and Turkey, where he handed out flyers to migrants […]
99.9 Percent Of US Citizens Unaware Of Largest US War Game In Europe In 25 Years By Ann Wright, Popular Resistance. February 28, 2020 99.9 Percent Of US Citizens Unaware Of Largest US War Game In Europe In 25 Years2020-02-282020-02-28https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/02/a-defender-europe-e1582925025328.jpg200px200px Above photo: From Global Research. 99.9 percent of citizens of the United States have no clue that the new “Cold War” against Russia is manifesting in […]
A massive explosion ripped through the largest oil refinery plant on the West Coast in the overnight hours, sending giant fireballs into the sky, visible from 20 miles away. Fire crews on Tuesday night were dispatched to the Marathon Petroleum Corporation’s refinery in Carson, California, around 10:50 pm PST for reports of an explosion in a cooling tower. The Los Angeles County Fire Department (LAFD) said […]
A new solar power plant (SES) with a capacity of 10MW has been commissioned in the Burzyansky district of Russia’s southern Ural region of Bashkortostan. According to Russian nanotechnology company Rusnano, it is the country’s largest SES with an energy storage facility. Rusnano’s portfolio company Liotech has supplied energy storage units with a total capacity of 8MW. The automated control system selects the optimal mode of […]
Fire crews have been scrambled to contain a massive blaze at the Marathon Petroleum refinery in Carson, California. Flames lashed the sky, reaching at least 100 feet in the air. There was reportedly an explosion at the refinery’s cooling tower before the fire broke out roughly 18 miles from downtown Los Angeles. Eyewitness footage from the scene shows the extent of the fire as it ripped […]