Archive for the 'Collapse' Category
Markets Gap Down, Trading Temporarily Halted
March 9th, 2020Update: Bounce Off Session Lows After Restart, Dow 30, SP500 and NAS All Down 6% — Where’s PPT? Via: CNBC: Stocks tumbled on Monday as investors braced for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety. The Dow Jones Industrial Average tanked more than 1,800 […]
Gates-Funded Program Will Soon Offer Home-Testing Kits for New Coronavirus
March 8th, 2020Gates and coronavirus over here. Gates and coronavirus over there. Gates and coronavirus everywhere. See: Canada’s National Microbiology Lab in Winnipeg The initiative grew out of the Seattle Flu Study, a 2-year-old research project based at the University of Washington to track the spread of infectious diseases like influenza. Funded with $20 million from Bill […]
OIL DOWN 31%, S&P 500 LIMIT DOWN 5%
March 8th, 2020Holy shit. Via: Yahoo Finance: The world’s faltering effort to contain the coronavirus outbreak hammered stocks and crude oil on Sunday, as new cases surfacing across the U.S. amplified fears of a global downturn. Brent crude (BZ=F) prices collapsed, falling by as much as 31% on Sunday evening in what was the largest single-day drop […]
Global Air Traffic Set For Worst Year On Record
March 8th, 2020Via: ZeroHedge: Covid-19 has become a significant headache for the global air travel industry, according to a new report from Jefferies. In fact, it is about to become the biggest shock for airlines on record as global air traffic is expected to dive 8.9% this year as the global viral pandemic paralyzes transportation routes across […]
OIL DOWN OVER 7%
March 6th, 2020Update: Oil Closes Down 9.43% — Russia refuses to cut output. Via: Reuters: OPEC’s plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters.
“Super Puke” – U.S. Stocks Crash As Credit Markets & Yields Collapse
March 5th, 2020*chortle* Via: ZeroHedge: ‘just one waffer-thin mint’…
“How the Other Half Lives” in 1890s NYC
March 4th, 2020Via: My Modern Met: Like the hundreds of thousands of other immigrants who fled to New York in pursuit of a better life, Riis was forced to take up residence in one of the city’s notoriously cramped and disease-ridden tenements. Living in squalor and unable to find steady employment, Riis worked numerous jobs, ranging from […]
Coronavirus: Italy Will Close All Schools and Universities
March 4th, 2020Via: Daily Mail: Italy will close all schools and universities, the government said today, to protect against the coronavirus which has infected more than 2,500 in the country and killed 79. Prime Minister Giuseppe Conte’s government is also expected to release new rules which will tell the nation they cannot kiss because of the virus. […]
Missouri Farmer Wins $265 Million Verdict Against Monsanto
March 2nd, 2020Via: Sierra Club: A Missouri peach farmer notched a rare courtroom victory this month, defeating the former Monsanto Co. and chemical giant BASF in the first of what is expected to be a series of court fights over claims that the companies are responsible for pesticide damage that has wiped out orchards, gardens, and organic […]
China Sending Uighurs to Factories
March 2nd, 2020Via: AFP: China is transferring tens of thousands of Uighur detainees out of internment camps and into factories that supply some of the world’s leading brands, an Australian think tank said Monday. Top global brands such as Apple, BMW and Sony have been accused of getting supplies from factories using the forced labour, an explosive […]
