• Term Repo Record Oversubscribed As Market Liquidity Craters

    ZeroHedge - Mar 5th 2020 8:47am EST

    Term Repo Record Oversubscribed As Market Liquidity Craters Yesterday, when discussing the most oversubscribed overnight term repo operation yet, in which dealers scrambled to obtain $111.5BN in liquidity from the Fed’s $100BN overnight repo operation, we said that it was “the second day in a row the overnight funding repo operation was oversubscribed (and it […]

  • OPEC Agrees To 1.5MM Barrel Output Cut, But Fails To Obtain Critical Russian Backing

    ZeroHedge - Mar 5th 2020 8:09am EST

    OPEC Agrees To 1.5MM Barrel Output Cut, But Fails To Obtain Critical Russian Backing Today’s OPEC meeting has been more of a stunt by members to persuade Russia to agree to deep cuts amid a demand shock triggered by the Covid-19. Ministers from OPEC agreed on a large cut of 1.5 million barrels per day in […]

  • “In The Eye Of The Storm”: Futures Plunge On Surge In Virus Cases, California State Of Emergency

    ZeroHedge - Mar 5th 2020 7:58am EST

    “In The Eye Of The Storm”: Futures Plunge On Surge In Virus Cases, California State Of Emergency The rollercoaster market is back.  After yesterday’s torrid surge, which saw the Dow Jones soar by nearly 1,200 points for the second day in three, US equity futures tumbled alongside European stocks on Thursday as cases of the […]

  • NYC Confirms 2 More Cases As Virus Spreads To New Jersey; First Patient Dies In Switzerland As Global Cases Near 100,000: Live Updates

    ZeroHedge - Mar 5th 2020 7:17am EST

    NYC Confirms 2 More Cases As Virus Spreads To New Jersey; First Patient Dies In Switzerland As Global Cases Near 100,000: Live Updates Update (0720ET): NYC Mayor Bill de Blasio has apparently just announced during an appearance on “Morning Joe” that NYC has confirmed 2 more cases, raising the citywide total to 4 and the […]

  • HSBC Evacuates London Office After Employee Tests Positive For Coronavirus

    ZeroHedge - Mar 5th 2020 6:32am EST

    HSBC Evacuates London Office After Employee Tests Positive For Coronavirus HSBC’s London office in Canary Wharf has evacuated its entire research department on Thursday morning after  an employee tested positive for the Coronavirus, Financial News reports . NEW: I’m told HSBC has evacuated parts of its Canary Wharf office after a coronavirus scare. — Shehab […]

  • Facebook Contractor Infected With Coronavirus At Seattle Office

    ZeroHedge - Mar 5th 2020 6:06am EST

    Facebook Contractor Infected With Coronavirus At Seattle Office Facebook confirmed on Thursday that a contractor at its Seattle office had been infected with Covid-19, the first known infection within the social media company, prompting it to close the office for “sanitation measures,” reported Bloomberg. “A contractor based in our Stadium East office has been diagnosed with […]

  • The Skripal Case – Two Years On

    ZeroHedge - Mar 5th 2020 5:00am EST

    The Skripal Case – Two Years On It’s been two years to the day since disgraced former military intelligence officer Sergei Skripal, and his daughter Yulia, were allegedly found on a park bench in Salisbury, near unconscious and apparently very unwell. A lot has been said about the unanswered questions revolving around the incident. But, […]

  • Watch: Massive Brawl Erupts In Turkish Parliament After Erdogan Blamed For Troop Deaths

    ZeroHedge - Mar 5th 2020 4:15am EST

    Watch: Massive Brawl Erupts In Turkish Parliament After Erdogan Blamed For Troop Deaths Starting Tuesday Turkey’s parliament began a closed session on the situation in Idlib province, where Erdogan’s military adventurism to protect al-Qaeda linked factions coming under Russian-Syrian air power is resulting in mounting Turkish troop casualties and the potential for escalation with the Russians, not to […]

  • Marine Le Pen Calls For Referendum To Stop “Submersion” Of France Via Mass Immigration

    ZeroHedge - Mar 5th 2020 3:30am EST

    Marine Le Pen Calls For Referendum To Stop “Submersion” Of France Via Mass Immigration Authored by Paul Joseph Watson via Summit News, Marine Le Pen has called for a national referendum in order to stop what she called the “submersion” of France via a “globalist” program of mass immigration. Speaking during a debate on the […]

  • How Drug Habits Differ Between The US & UK

    ZeroHedge - Mar 5th 2020 2:45am EST

    How Drug Habits Differ Between The US & UK Pricy cocaine is a very sought-after drug in the United Kingdom according to how much of it was seized in the country last year. As Statista’s Katharina Buchholz notes, 30% of the total weight of drugs confiscated while or after being smuggled into the country was cocaine in […]

  • Erdogan Or Erdo-gone In Turkey?

    ZeroHedge - Mar 5th 2020 2:00am EST

    Erdogan Or Erdo-gone In Turkey? Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, “Whom the gods would destroy they first make mad” – Henry Wadsworth Longfellow “Prometheus” It looks like Turkish President Recep Tayyip Erdogan is headed for the political gallows a lot quicker than I ever thought. His offensive in Idlib has […]

  • Who Or What Started The Wuhan Coronavirus Epidemic?

    ZeroHedge - Mar 5th 2020 12:05am EST

    Who Or What Started The Wuhan Coronavirus Epidemic? Authored by Professor Anthony Hall via AHTribune.com, On the Condemnation of “Conspiracy Theories” as a Device for Protecting Officialdom’s Lies, Disinformation, and Obfuscation. The Wuhan Coronavirus epidemic of 2019-20 is moving many markers where life merges into death, where truth merges into lies. At age 34, Dr. […]

  • Mapping Every Object In Our Solar System

    ZeroHedge - Mar 4th 2020 11:45pm EST

    Mapping Every Object In Our Solar System The path through the solar system is a rocky road. Asteroids, comets, planets and moons and all kinds of small bodies of rock, metals, minerals and ice are continually moving as they orbit the sun. As Visual Capitalist’s Nicholas LePan points out, in contrast to the simple diagrams […]

  • Airbnb Gives Renters Secret Risk Assessments And Personality Tests

    ZeroHedge - Mar 4th 2020 11:25pm EST

    Airbnb Gives Renters Secret Risk Assessments And Personality Tests Via Mass Private I blog, What does the Church of Scientology and Airbnb have in common? If you answered secret risk assessments and personality tests, then give yourself a gold star. If you have rented an Airbnb in the past six years, the odds are pretty high that you […]

  • China Car Sales Crash 80% As Virus Paralyzes Auto Industry

    ZeroHedge - Mar 4th 2020 11:05pm EST

    China Car Sales Crash 80% As Virus Paralyzes Auto Industry Car sales in China fell 80% YoY in February, the sharpest monthly decline in nearly two decades amid the Covid-19 epidemic kept consumers away from dealerships, according to the China Passenger Car Association (CPCA). The outbreak of the virus has had a significant impact on […]

  • The Multipolar Alliance Induces Rumpelstiltskin’s Self-Destruction

    ZeroHedge - Mar 4th 2020 10:45pm EST

    The Multipolar Alliance Induces Rumpelstiltskin’s Self-Destruction Authored by Matthew Ehret via The Strategic Culture Foundation, There are several versions of the old German folk tale of Rumpelstiltskin. The story begins with greedy king who is told by a foolish old miller that a young girl (the miller’s daughter) had the ability to spin hay into […]

  • IMF Head Announces $50 Billion Aid Program For Covid-19 Relief

    ZeroHedge - Mar 4th 2020 10:25pm EST

    IMF Head Announces $50 Billion Aid Program For Covid-19 Relief IMF Managing Director Kristalina Georgieva told CNBC’s “Squawk Ally” Wednesday that it would launch a $50 billion aid package “immediately” dedicated to combating Covid-19 outbreaks in emerging market countries. This announcement comes after the World Bank said it would fund a $12 billion program on Tuesday to fight the […]

  • Covid-19 Vs. The Mass Surveillance State: Which Poses The Greater Threat?

    ZeroHedge - Mar 4th 2020 10:05pm EST

    Covid-19 Vs. The Mass Surveillance State: Which Poses The Greater Threat? Authored by John Whitehead via The Rutherford Institute, “If, as it seems, we are in the process of becoming a totalitarian society in which the state apparatus is all-powerful, the ethics most important for the survival of the true, free, human individual would be: cheat, […]

  • Berkshire Says Its Annual Meeting Is A Go For May 2, Despite Coronavirus Outbreak

    ZeroHedge - Mar 4th 2020 9:45pm EST

    Berkshire Says Its Annual Meeting Is A Go For May 2, Despite Coronavirus Outbreak Berkshire’s Warren Buffett has said that the company’s annual shareholder meeting, scheduled for May 2, is going to take place as planned, despite the coronavirus outbreak in the U.S. Some of the surrounding events around the meeting may wind up being […]

  • A Beijing Hospital Confirms Covid-19 Attacks Central Nervous System

    ZeroHedge - Mar 4th 2020 9:25pm EST

    A Beijing Hospital Confirms Covid-19 Attacks Central Nervous System Via CNTechPost.com, Beijing Ditan Hospital affiliated to the Capital Medical University said on March 4 that the first patient with novel coronavirus pneumonia complicated with encephalitis was discharged from the hospital on February 25. Liu Jingyuan, director of the ICU at the Hospital, presided over the treatment of […]

  • Operations Suspended At F-35 Stealth Jet Factory In Japan Due To Virus Fears

    ZeroHedge - Mar 4th 2020 9:05pm EST

    Operations Suspended At F-35 Stealth Jet Factory In Japan Due To Virus Fears America’s F-35 stealth aircraft factory in Japan shuttered operations for a week due to new concerns over the Covid-19 outbreak, reported Defense News. The closure of the F-35 stealth factory comes as Covid-19 infections in Japan rose above 1,000 on Wednesday, most […]

  • “It’s Getting ‘The Ugly'” – What Can We Really Do About Covid-19?

    ZeroHedge - Mar 4th 2020 8:45pm EST

    “It’s Getting ‘The Ugly'” – What Can We Really Do About Covid-19? Submitted by Michael Every of Rabobank Summary Covid-19 has broken out of China and become a key global concern: most countries are now preparing for a serious virus epidemic. All governments are faced with a series of unpalatable options over their next steps […]

  • Apple Issues Warning Over iPhone Replacement Shortage

    ZeroHedge - Mar 4th 2020 8:25pm EST

    Apple Issues Warning Over iPhone Replacement Shortage Apple has warned their retail employees that there may be a shortage of replacement iPhones, in yet another example of a supply chain affected by the coronavirus. According to Bloomberg, the company recently told tech support staff that heavily damaged devices might not be able to be replaced […]

  • DNC Scrambles To Change Debate Threshold After Gabbard Qualifies

    ZeroHedge - Mar 4th 2020 8:05pm EST

    DNC Scrambles To Change Debate Threshold After Gabbard Qualifies Authored by Caitlin Johnstone via Medium.com, On a CNN panel on Monday, host John King spoke with Politico reporter Alex Thompson about the possibility of Democratic presidential candidate Tulsi Gabbard qualifying on Super Tuesday for the party’s primary debate in Phoenix later this month. “I will note this, she’s from Hawaii,” […]

  • Jet Fuel Prices Dive Amid Stalling Aviation Industry; Global Tourism Bust Imminent

    ZeroHedge - Mar 4th 2020 7:45pm EST

    Jet Fuel Prices Dive Amid Stalling Aviation Industry; Global Tourism Bust Imminent Airlines have canceled more than 200,000 flights as Covid-19 is nearing pandemic status. More than 92,300 people have been infected by the virus, which has killed about 3,100 people. Many of the cases are in China, but recent cases ex-China have been surging, especially in […]