Archive for the 'Economy' Category
Gold Hit $2,000 an Ounce for First Time
August 4th, 2020Via: AFP: Gold prices on Tuesday hit $2,000 an ounce for the first time, the latest surge in a commodity seen as a refuge during economic uncertainty. More: Gold prices stage record run above $2,000 mark as U.S. dollar and bond yields recede
Treating Children for Worms Yields Long-Term Benefits, Says New Study
August 4th, 2020Via: Berkeley: Children who receive sustained treatment against common parasitic infections grow up to achieve a higher standard of living, with long-lasting health and economic benefits extending to their communities, according to new findings from a research team led by a University of California, Berkeley, economist. The pioneering study, focused on Kenya and covering 20 […]
How Congress Maintains Endless War
August 3rd, 2020The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can ‘throw the rascals out’ at any election […]
AstraZeneca to be Exempt from Coronavirus Vaccine Liability Claims in Most Countries
August 1st, 2020Via: Reuters: AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told Reuters. … “This is a unique situation where we as a company simply cannot take the risk if in … four […]
Nvidia in Advanced Talks to Buy Arm
July 31st, 2020Via: Bloomberg: Nvidia Corp. is in advanced talks to acquire Arm Ltd., the chip designer that SoftBank Group Corp. bought for $32 billion four years ago, according to people familiar with the matter. … A deal for Arm could be the largest ever in the semiconductor industry, which has been consolidating in recent years as […]
102 Tonnes of Gold Changing Hands on CME’s Biggest Ever Delivery Day
July 31st, 2020Via: Reuters: Traders on CME Group’s Comex exchange in New York said on Thursday they would deliver 102 tonnes of gold to holders of expiring futures contracts, in the biggest one-day delivery on record.
“The Biggest Fraud of All”
July 30th, 2020Argonaut Capital Partners: The Biggest Fraud: Part 1 – The Hocus “Science” Behind Lockdown The Biggest Fraud: Part 2 – The Vaccine Swindle
U.S. Economy Contracted by Worst-Ever 32.9% in Q2
July 30th, 2020Via: Yahoo Finance: The US economy contracted at the sharpest rate on record in the second quarter this year, affirming fears that the coronavirus pandemic and measures to contain it drove a historic plunge in consumer and business activity.
In Unprecedented Move, Congress Proposes Taxpayer-Funded Bailout Of $550 Billion CMBS Industry
July 29th, 2020Via: ZeroHedge: The bill would set up a government-backed funding vehicle which companies could tap to stay current on their mortgages. It is meant in particular to help those who borrowed in the $550 billion CMBS market in which mortgages are re-packaged into bonds and sold to Wall Street. What it really represents, is a […]
China Banks, Regulators Panic on Retail Gold Buying
July 29th, 2020Via: Reuters: Hao said any further gains in gold may spur more speculation, despite regulatory attempts to tamp it down. “If the gold price rises past $2,000, some more hot money will certainly flow into the market, and some investors will divert their stock investments to gold,” he said.
