News From ZeroHedge, Page 2713

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  • Turkish Lira Crashes To Record Low, CDS Spike As ‘Plan Z’ Fails

    ZeroHedge - Aug 6th 2020 8:45am EDT

    Turkish Lira Crashes To Record Low, CDS Spike As ‘Plan Z’ Fails Tyler Durden Thu, 08/06/2020 – 08:45 Despite Turkey’s draconian “Plan Z” measures where it effectively nationalizes the FX market,  the world is rejecting Turkish Lira today, sending Erdogan’s currency to a new record low against the dollar… Additionally, the CDS markets are starting […]

  • Ahead Of “Big Jobs Numbers”, Initial/Continuing Claims Offers ‘Positive’ Surprise

    ZeroHedge - Aug 6th 2020 8:37am EDT

    Ahead Of “Big Jobs Numbers”, Initial/Continuing Claims Offers ‘Positive’ Surprise Tyler Durden Thu, 08/06/2020 – 08:37 Initial Jobless Claims was above a million last week for the twentieth straight week, but, after two straight week of rising, fell last week from 1.435mm last week to ‘just’ 1.186 million new Americans signing up for jobless claims […]

  • Germany Suffers Biggest Jump In COVID-19 Case Since May; Philippines Passes Indonesia As Region’s Biggest Outbreak: Live Updates

    ZeroHedge - Aug 6th 2020 8:34am EDT

    Germany Suffers Biggest Jump In COVID-19 Case Since May; Philippines Passes Indonesia As Region’s Biggest Outbreak: Live Updates Tyler Durden Thu, 08/06/2020 – 08:34 Summary: Global cases near 19 million Deaths top 700k Germany reports more than 1,000 new cases for first time since May Philippines now worst outbreak in Southeast Asia Victoria reports another […]

  • Andrew Cuomo Begs Rich Hedge Funders Fleeing NYC: “Please Come Back”

    ZeroHedge - Aug 6th 2020 8:30am EDT

    Andrew Cuomo Begs Rich Hedge Funders Fleeing NYC: “Please Come Back” Tyler Durden Thu, 08/06/2020 – 08:30 While Alexandria Ocasio-Cortez (whose close friend and fellow activist Cori Bush just upset a longtime incumbent in a Missouri Congressional primary earlier this week) pushes for a ‘first-in-the- nation’ wealth tax that most reasonable people fear would destroy […]

  • Futures Slide Ahead Of Jobless Claims As Gold Surge Continues

    ZeroHedge - Aug 6th 2020 8:17am EDT

    Futures Slide Ahead Of Jobless Claims As Gold Surge Continues Tyler Durden Thu, 08/06/2020 – 08:17 US stock index futures dropped on Thursday alongside European stocks as investors looked forward to the latest weekly jobless claims report to gauge the pace of a rebound in the labor market, while also anticipating a new fiscal stimulus […]

  • Spot Silver Surges Above $28, Still Historically Undervalued To Gold

    ZeroHedge - Aug 6th 2020 7:43am EDT

    Spot Silver Surges Above $28, Still Historically Undervalued To Gold Tyler Durden Thu, 08/06/2020 – 07:43 Silver prices were up 25% in July, the second-biggest monthly gain for the white metal on record, anbd are extending gains this week, with spot silver spiking above $28 this morning… And gold rising too… But, as SchiffGold.com notes, […]

  • Isaias Aftermath: 2 Million Still Without Power Across Northeast; At Least 12 Tornados Confirmed

    ZeroHedge - Aug 6th 2020 7:09am EDT

    Isaias Aftermath: 2 Million Still Without Power Across Northeast; At Least 12 Tornados Confirmed Tyler Durden Thu, 08/06/2020 – 07:09 Tropical Storm Isaias is long gone, but there’s widespread damage along the East Coast and more than 2 million homes in the Northeast without power.  According to PowerOutage.US, 2.2 million of the 6.4 million affected […]

  • Switzerland Gold Savings Rate 12%

    ZeroHedge - Aug 6th 2020 6:00am EDT

    Switzerland Gold Savings Rate 12% Tyler Durden Thu, 08/06/2020 – 06:00 The Swiss population owns 920 tonnes in private gold, next to 1,040 tonnes in official gold reserves. In total, Switzerland likely has the highest amount of gold per capita in the world. This article is part of a series in which we examine how […]

  • Atomic Bombings At 75: John Pilger – “Another Hiroshima Is Coming Unless We Stop It Now”

    ZeroHedge - Aug 6th 2020 4:40am EDT

    Atomic Bombings At 75: John Pilger – “Another Hiroshima Is Coming Unless We Stop It Now” Tyler Durden Thu, 08/06/2020 – 04:40 By John Pilger of Consortium News Hiroshima and Nagasaki were acts of premeditated mass murder unleashing a weapon of intrinsic criminality. It was justified by lies that form the bedrock of 21st century […]

  • War Drums Beat In The Middle East After Thousands Of Casualties In Beirut Explosion

    ZeroHedge - Aug 6th 2020 2:50am EDT

    War Drums Beat In The Middle East After Thousands Of Casualties In Beirut Explosion Tyler Durden Thu, 08/06/2020 – 02:50 Submitted by SouthFront On the evening of August 4th, a massive explosion rocked the port of the Lebanese capital of Beirut, causing devastating damage and leaving thousands of casualties. The explosion sent a shockwave across […]

  • UK Gives Town Councils Power To Bulldoze ‘Contaminated’ Homes To Contain Outbreak

    ZeroHedge - Aug 6th 2020 2:00am EDT

    UK Gives Town Councils Power To Bulldoze ‘Contaminated’ Homes To Contain Outbreak Tyler Durden Thu, 08/06/2020 – 02:00 Britons were shocked and angered this week when an internal government guide meant to inform local councils and town authorities on possible strategies in dealing with rising coronavirus cases throughout the country explored scenarios wherein demolition of […]

  • Antifa Protesters Sue Seattle Over ‘Forced’ Armor Upgrades

    ZeroHedge - Aug 5th 2020 11:30pm EDT

    Antifa Protesters Sue Seattle Over ‘Forced’ Armor Upgrades Tyler Durden Wed, 08/05/2020 – 23:30 A lawsuit has been filed against the city of Seattle by several protesters, who claim that the Seattle Police Department’s “indiscriminate” us of chemical and less-lethal crowd control measures forced them to buy “expensive” protective gear in order to withstand the […]

  • US Cruise Operators Halt Voyages Until Oct. 31 After 2 Ships Hit By Outbreaks Amid Restart

    ZeroHedge - Aug 5th 2020 11:00pm EDT

    US Cruise Operators Halt Voyages Until Oct. 31 After 2 Ships Hit By Outbreaks Amid Restart Tyler Durden Wed, 08/05/2020 – 23:00 No doubt among the hardest hit industries globally has remained cruise ships. As late as May and June there were still cruise ships essentially stranded as ports refused them entry while outbreaks on […]

  • How Central Banks Made The COVID Panic Worse

    ZeroHedge - Aug 5th 2020 10:35pm EDT

    How Central Banks Made The COVID Panic Worse Tyler Durden Wed, 08/05/2020 – 22:35 By Kristoffer Mousten Hansen of Mises,org Historical events are complex phenomena, and monocausal explanations are therefore by definition wrong when explaining history. Many factors go into explaining why people and the world’s governments reacted as they did to the coronavirus. It […]

  • Study Finds 98 “Long-Term” COVID-19 Symptoms Including Baldness

    ZeroHedge - Aug 5th 2020 10:10pm EDT

    Study Finds 98 “Long-Term” COVID-19 Symptoms Including Baldness Tyler Durden Wed, 08/05/2020 – 22:10 Epidemiologists readily admit that viruses are chock full of puzzles. And COVID-19 is no exception. Earlier today, Dr. Fauci himself lamented the fact that nearly half of those who get the virus don’t see symptoms, which is one reason why young […]

  • Is Turkey Drilling For Oil & Gas In The Wrong Sea?

    ZeroHedge - Aug 5th 2020 9:45pm EDT

    Is Turkey Drilling For Oil & Gas In The Wrong Sea? Tyler Durden Wed, 08/05/2020 – 21:45 By Viktor Katona of OilPrice.com Whilst most of European media have narrowed down the deterioration in EU-Turkey relations to the issues of the “refurbished” Hagia Sophia and the protracted Libyan proxy war, their energy ties were just as […]

  • Yates Throws “Rogue” Comey Under The Bus Over Flynn Investigation

    ZeroHedge - Aug 5th 2020 9:20pm EDT

    Yates Throws “Rogue” Comey Under The Bus Over Flynn Investigation Tyler Durden Wed, 08/05/2020 – 21:20 Former Deputy Attorney General Sally Yates threw former FBI Director James ‘higher loyalty’ Comey under the bus on Wednesday, telling the Senate Judiciary Committee that the FBI’s January, 2017 interview of former national security adviser Michael Flynn was done […]

  • Millions Worth of PPP Loans Went to Chinese-Owned Companies, Report Finds

    ZeroHedge - Aug 5th 2020 8:55pm EDT

    Millions Worth of PPP Loans Went to Chinese-Owned Companies, Report Finds Tyler Durden Wed, 08/05/2020 – 20:55 Authored by Cathy He via The Epoch Times   A man looks at a J-31 gyrfalcon stealth fighter plane model designed by Aviation Industry Corporation of China (AVIC) at the Beijing International Aviation Expo in Beijing on Sept. […]

  • Massive Beirut Explosion Sinks Nearby Cruise Ship

    ZeroHedge - Aug 5th 2020 8:30pm EDT

    Massive Beirut Explosion Sinks Nearby Cruise Ship Tyler Durden Wed, 08/05/2020 – 20:30 Tuesday’s massive explosion in Beirut, Lebanon, has so far claimed the lives of 135 people and injured around 5,000. The cause of the explosion was 2,700 tons of ammonium nitrate, sitting unsecured in a warehouse at the Port of Beirut.  Beirut’s governor, Marwan Abboud, said damage […]

  • The Difference Between Good Economics And Bad

    ZeroHedge - Aug 5th 2020 8:05pm EDT

    The Difference Between Good Economics And Bad Tyler Durden Wed, 08/05/2020 – 20:05 Submitted by Michael Lebowitz and Jack Scott of Real Investment Advice The Difference Between Good Economics and Bad “Real protection means teaching children to manage risks on their own, not shielding them from every hazard.” ― Wendy Mogel, The Blessing of a […]

  • Hezbollah Linked To Stockpiles Of Ammonium Nitrate Uncovered In Europe: Report

    ZeroHedge - Aug 5th 2020 7:40pm EDT

    Hezbollah Linked To Stockpiles Of Ammonium Nitrate Uncovered In Europe: Report Tyler Durden Wed, 08/05/2020 – 19:40 In the immediate aftermath of the massive explosion that rocked Beirut yesterday, killing over 100 and leaving more than 4,000 injured while leveling an entire district of the city, and leaving destruction up to miles away, both the Israeli government […]

  • Robot Uses Face Scanning AI To Ask People To Wear A Mask

    ZeroHedge - Aug 5th 2020 7:15pm EDT

    Robot Uses Face Scanning AI To Ask People To Wear A Mask Tyler Durden Wed, 08/05/2020 – 19:15 By Paul Joseph Watson of SummitNews With masks now becoming mandatory in many countries inside supermarkets, public buildings and transport systems, SoftBank Robotics Europe has reprogrammed its “cutesy” Pepper android to help enforce the new rules. A […]

  • Facebook Removes Trump Post For Violating Policies “Harmful Coronavirus Misinformation”

    ZeroHedge - Aug 5th 2020 6:44pm EDT

    Facebook Removes Trump Post For Violating Policies “Harmful Coronavirus Misinformation” Tyler Durden Wed, 08/05/2020 – 18:44 Just when Mark Zuckerberg really looked to be making inroads with Trump and his inner circle by resisting a corporate ad boycott on the grounds that it was a misguided attempt to push more conservative voices off the world’s […]

  • Leftists Go After Two Plus Two Equals Four

    ZeroHedge - Aug 5th 2020 6:25pm EDT

    Leftists Go After Two Plus Two Equals Four Tyler Durden Wed, 08/05/2020 – 18:25 By Andrea Wilburg In George Orwell’s dystopian Nineteen Eighty-Four, the concept that two plus two equals four had extraordinary symbolic weight.  The State, as embodied in Big Brother, controlled everything that people could think or say. Part of how the rebellious Winston Smith […]

  • Daily Briefing – August 5, 2020

    ZeroHedge - Aug 5th 2020 6:25pm EDT

    Daily Briefing – August 5, 2020 Tyler Durden Wed, 08/05/2020 – 18:25 Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss some of the latest data coming out, revealing the health of the US economy. They go over the July ADP Nonfarm Payroll number, what the disappointing results say about where the economy […]