Archive for the 'Economy' Category
Investigators Seize Enough Fentanyl to Kill 14 Million People in Massive Drug Bust
August 30th, 2019Via: CBS: Law enforcement officers in Virginia have seized enough fentanyl to kill 14 million people, busting a massive three-state drug ring as part of what they called “Operation Cookout.” Thirty-five suspects were arrested, and four others are on the run.
Yield Curve Inversions Recessions
August 28th, 2019Via: Economic Collapse Blog: You can believe that we will somehow beat the odds this time if you want, but history is completely against you. One of the biggest reasons why there is so much anxiety on Wall Street right now is because of how the yield curve is behaving. We have seen yield curve […]
Fake-Branded Gold Bars Slip Into World Markets
August 28th, 2019Via: Reuters: A forgery crisis is quietly roiling the world’s gold industry. Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers […]
Silicon Valley Firms Building Chinese-Style Social Credit Systems
August 26th, 2019Via: Fast Company: Many Westerners are disturbed by what they read about China’s social credit system. But such systems, it turns out, are not unique to China. A parallel system is developing in the United States, in part as the result of Silicon Valley and technology-industry user policies, and in part by surveillance of social […]
Trump on U.S.-China Trade War: ‘I Could Declare a National Emergency’
August 25th, 2019HA! Add it to the list. Via: CNBC: President Donald Trump said Sunday he could declare the escalating U.S.-China trade war as a national emergency if he wanted to. “In many ways this is an emergency,” Trump said at the G-7 leaders meeting of the ongoing trade battle between the world’s top two economies. “I […]
Oil Down Nearly 2%
August 25th, 2019Via: Reuters: Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China war knocked confidence in the global economy.
Policing For Profit: How Civil Asset Forfeiture Has Perverted American Law Enforcement
August 25th, 2019Via: ammo.com: The current state of civil asset forfeiture in the United States is one of almost naked tyranny.
China Announces Tariff Hike on $75 Billion of U.S. Products
August 23rd, 2019Via: AP: China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump’s planned Sept. 1 duty increase in a war over trade and technology policy. The official Xinhua News Agency said Friday the tariffs of 10% and 5% take effect on two batches of goods Sept. […]
Brazil: Bolsonaro Admitted Farmers Could be Setting Rainforest Fires, Tells Foreign Powers Not to Interfere
August 23rd, 2019Via: Reuters: Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest ablaze but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General António Guterres both took to Twitter to express concern about the […]
How Amazon and Silicon Valley Seduced the Pentagon
August 22nd, 2019Insidious. Via: ProPublica: Tech moguls like Jeff Bezos and Eric Schmidt have gotten unprecedented access to the Pentagon. And one whistleblower who raised flags has paid the price.
