News From ZeroHedge, Page 2458

RSS

  • US Sails Carrier Into South China Sea As Philippines Enraged Over China ‘Territory Grab’

    ZeroHedge - Apr 6th 2021 3:30pm EDT

    US Sails Carrier Into South China Sea As Philippines Enraged Over China ‘Territory Grab’ In the latest dispute over territory in the South China Sea, the Philippine government is denouncing Beijing for sending a “maritime militia” near the contested Whitsun Reef (alternately spelled Whitson Reef).  China has responded by saying the ships are merely civilian […]

  • UBS Predicts 80,000 More Retail Stores Will Close In Five Years

    ZeroHedge - Apr 6th 2021 3:15pm EDT

    UBS Predicts 80,000 More Retail Stores Will Close In Five Years The retail apocalypse has been well documented for readers (see: here & here & here) over the years as tens of thousands of brick and mortar stores nationwide have shuttered their doors. The problem today – is that millions of jobs lost during the pandemic […]

  • Ukraine’s Zelensky: “NATO Membership Is The Only Way To End War In Donbass”

    ZeroHedge - Apr 6th 2021 2:59pm EDT

    Ukraine’s Zelensky: “NATO Membership Is The Only Way To End War In Donbass” On Tuesday Ukraine’s president Volodymyr Zelensky issued a briefing to NATO Secretary-General Jens Stoltenberg on Russia’s troop build-up near Ukraine’s eastern border following Kiev’s accusations that Moscow is escalating its support to pro-Russian separatists in the Donbass region, and further that the Kremlin has […]

  • Iranian Electronic Surveillance Vessel Hit In Red Sea, Unconfirmed Reports Say

    ZeroHedge - Apr 6th 2021 2:19pm EDT

    Iranian Electronic Surveillance Vessel Hit In Red Sea, Unconfirmed Reports Say Unconfirmed reports circulating on social media indicate an Iranian spy ship was hit in an attack in the Red Sea, amid increasing tensions between Israel and Iran, according to Israeli newspaper Haaretz.  The targeted vessel is a merchant ship but is likely a secret marine spy […]

  • China Credit Impulse Set To Collapse As Beijing Orders Banks To Curtail Loan Growth For Rest Of 2021

    ZeroHedge - Apr 6th 2021 2:00pm EDT

    China Credit Impulse Set To Collapse As Beijing Orders Banks To Curtail Loan Growth For Rest Of 2021 One month after global markets underwent a brief hiccup after China’s top banking regulator said he’s “very worried” about risks emerging from bubbles in global financial markets, Beijing is now looking inward and as the FT and […]

  • Graham Urges Fauci To Assess If Biden Border Policies Are Creating COVID “Super-Spreader” Event

    ZeroHedge - Apr 6th 2021 1:44pm EDT

    Graham Urges Fauci To Assess If Biden Border Policies Are Creating COVID “Super-Spreader” Event Authored by Isabel van Brugen via The Epoch Times, Sen. Lindsey Graham (R-S.C.) on Monday once again urged infectious disease expert Dr. Anthony Fauci to visit the U.S.-Mexico border to determine whether Biden administration policies are undercutting the nation’s herculean efforts to control […]

  • Toshiba Soars After Receiving $20BN LBO Offer From CVC

    ZeroHedge - Apr 6th 2021 1:27pm EDT

    Toshiba Soars After Receiving $20BN LBO Offer From CVC Mega LBOs are back: Toshiba ADRs soared 22% following a Nikkei report that private equity giant CVC Capital Partners has offered to acquire Toshiba through a tender offer that is expected to be worth more than $20 billion, and a formal proposal is expected as early […]

  • Rickards: MMT Is A Disaster Waiting To Happen

    ZeroHedge - Apr 6th 2021 1:00pm EDT

    Rickards: MMT Is A Disaster Waiting To Happen Authored by James Rickards via The Daily Reckoning, MMT is the most potentially-damaging economic doctrine I have ever encountered, with the exception of communism… Let’s begin with the idea that the Fed and Treasury should be merged in practice so that the Fed will monetize any amount […]

  • Yields Slide As Doubts Grow Over Biden Infrastructure Plan

    ZeroHedge - Apr 6th 2021 12:39pm EDT

    Yields Slide As Doubts Grow Over Biden Infrastructure Plan Last week we asked if Biden’s $2.25 trillion “Infrastructure” plan, also known as the American Jobs Plan (not to be confused with its sequel the American Family Plan) will pass Congress, and observed that the plan’s fate will ultimately depend on how centrists such as Joe […]

  • Biden Admin Appears To Waver On Promise To Strengthen Iran Nuclear Deal

    ZeroHedge - Apr 6th 2021 12:20pm EDT

    Biden Admin Appears To Waver On Promise To Strengthen Iran Nuclear Deal By Foreign Desk News , As world leaders meet in Vienna this week to discuss the United States reentering the 2015-era Iran nuclear deal, Israel is voicing its concern over potential U.S. appeasement toward Tehran. “We are troubled by any indication to return […]

  • Top US Auto Group Calls For Lawmakers To Beef Up Chip Production Amid Shortages 

    ZeroHedge - Apr 6th 2021 12:05pm EDT

    Top US Auto Group Calls For Lawmakers To Beef Up Chip Production Amid Shortages  The global chip shortage, which has forced automakers to dial back production, or in some cases, suspend production, is the latest example of supply chain bottlenecks. The shortage is so impactful on the US auto sector that an industry group Monday urged lawmakers […]

  • Ron Paul: Why Is The Biden Administration Pushing Ukraine To Attack Russia?

    ZeroHedge - Apr 6th 2021 11:45am EDT

    Ron Paul: Why Is The Biden Administration Pushing Ukraine To Attack Russia? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, On March 24th, Ukraine’s President Vladimir Zelensky signed what was essentially a declaration of war on Russia. In the document, titled Presidential Decree No. 117/2021, the US-backed Ukrainian leader declared […]

  • Fifth Avenue Landlords Are Owed About $200 Million In Unpaid Rent

    ZeroHedge - Apr 6th 2021 11:31am EDT

    Fifth Avenue Landlords Are Owed About $200 Million In Unpaid Rent Among the hardest hit by Covid were retail businesses across the country, including in once-coveted, well known shopping areas like New York City’s Fifth Avenue. What used to be a shoppers paradise has now simply turned into a “battleground between landlords and tenants seeking […]

  • The IMF And World Bank, Who Pay No Taxes, Are About To Talk About Tax Hikes And Inequality

    ZeroHedge - Apr 6th 2021 11:15am EDT

    The IMF And World Bank, Who Pay No Taxes, Are About To Talk About Tax Hikes And Inequality By Michael Every of Rabobank Koestler-Push Inflation The IMF and World Bank spring meetings are about to kick off, where those who pay no income tax get to talk about tax evasion, tax hikes, inequality, and Building […]

  • Dr. Fauci Can’t Explain Why Texas COVID Cases Keep Dropping Despite Reopening

    ZeroHedge - Apr 6th 2021 10:58am EDT

    Dr. Fauci Can’t Explain Why Texas COVID Cases Keep Dropping Despite Reopening More than a month has passed since Texas Gov. Greg Abbott shocked the Faucis of the world by scrapping COVID-inspired restrictions on businesses and individuals, including removing the mask mandate. The decisions prompted Dr. Anthony Fauci and legions of public health “experts” to […]

  • “I Don’t Know WTF I’m Doing… But I’m Making Money” – Despite Correction, Investors Are Exuberant

    ZeroHedge - Apr 6th 2021 10:41am EDT

    “I Don’t Know WTF I’m Doing… But I’m Making Money” – Despite Correction, Investors Are Exuberant Authored by Lance Roberts via RealInvestmentAdvice.com, Despite the recent correction in the markets, leading to a hedge fund imploding, investors remain exuberant. The hopes for more stimulus, government spending, and Fed liquidity displace fears of a correction. Before we […]

  • Job Openings Soar To 2 Year High As Labor Market Starts Overheating

    ZeroHedge - Apr 6th 2021 10:25am EDT

    Job Openings Soar To 2 Year High As Labor Market Starts Overheating While we already knew that the US labor market started off 2021 with a whimper (with a disappointing January jobs report) only to hit a bang in March when almost 1 million new jobs were created, what we didn’t know is that the […]

  • Chronic Shortages Of Children’s Cancer Drugs Force US Hospitals To Work Together

    ZeroHedge - Apr 6th 2021 9:55am EDT

    Chronic Shortages Of Children’s Cancer Drugs Force US Hospitals To Work Together The COVID pandemic has placed heavier strains on the American health-care system unlike any public health crisis seen since the Spanish flu 100 years ago. Hospital budgets have been strained after being forced to halt, or dramatically reduce, the number of elective surgeries, […]

  • Americans’ Fear Of Catching COVID-19 Drops To Record Low: Gallup

    ZeroHedge - Apr 6th 2021 9:32am EDT

    Americans’ Fear Of Catching COVID-19 Drops To Record Low: Gallup By RJ Reinhart of Gallup.com, Highlights 35% of Americans are worried about catching COVID-19, down from 49% 77% say the COVID-19 situation in the U.S. is improving, up from 60% 64% report at least a fair amount of disruption to their lives, down from 70% […]

  • Semi Chip Prices Expected To Rise Through All Of 2021

    ZeroHedge - Apr 6th 2021 9:12am EDT

    Semi Chip Prices Expected To Rise Through All Of 2021 It shouldn’t be any surprise that given the current shortage in semiconductors, prices could continue to rise for the better part of 2021.  This month alone, suppliers like Japan’s top silicone producer, Shin-Etsu Chemical Co. Ltd. marked up prices between 10% and 20%, according to […]

  • Markets Rally… But What About COVID?

    ZeroHedge - Apr 6th 2021 8:55am EDT

    Markets Rally… But What About COVID? Authored by Bill Blain via MorningPorridge.com, “Mas que nada, sai da minha frente, eu quero passer” Markets look set to rally strongly into Q2, but are they over-exuberant? The rise in deaths and new strains in Brazil hints the Covid war isn’t won yet, there are rising political risks […]

  • Housing Market Euphoria Craziest In Years As Inventory Sinks To New Low 

    ZeroHedge - Apr 6th 2021 8:35am EDT

    Housing Market Euphoria Craziest In Years As Inventory Sinks To New Low  The housing boom sparked by the Federal Reserve during the virus pandemic was built on historically low mortgage rates (thanks to Powell), and accelerated by a combination of record low inventory as city-dwellers moved to rural areas amid remote-work phenomenon.  According to Zillow […]

  • MLB Moves All-Star Game From Atlanta To One Of The Whitest Cities In America

    ZeroHedge - Apr 6th 2021 8:17am EDT

    MLB Moves All-Star Game From Atlanta To One Of The Whitest Cities In America Authored by Bryan Preston via PJMedia.com, Major League Baseball has announced that it is playing the 2021 All-Star Game in Denver, Colo. instead of Atlanta, Georgia. The Colorado Rockies will host the 2021 MLB All-Star Game after the decision to move the event from Atlanta […]

  • Biden Moving Deadline To Have All Americans Eligible For Vaccine To April 19

    ZeroHedge - Apr 6th 2021 8:02am EDT

    Biden Moving Deadline To Have All Americans Eligible For Vaccine To April 19 Joe Biden will announce on Tuesday that he is moving up his target for all American adults to become eligible to receive a coronavirus vaccine by almost two weeks to April 19, CNN reported citing a White House official said. Biden is […]

  • Archegos Fallout: Credit Suisse Cuts Dividend, Slashes Buybacks; Headed For 2nd Straight Quarterly Loss

    ZeroHedge - Apr 6th 2021 8:02am EDT

    Archegos Fallout: Credit Suisse Cuts Dividend, Slashes Buybacks; Headed For 2nd Straight Quarterly Loss Embattled Swiss bank Credit Suisse finally dumped its last remaining blocks of stocks tied to the implosion of hedge fund (excuse us, “family office”) Archegos Capital Management on Tuesday following the close of markets in New York. As investors waited to […]