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  • Video Released Of Iranian ‘Friendly Fire’ Disaster Which Killed & Wounded Dozens

    ZeroHedge - May 12th 2020 11:15am EDT

    Video Released Of Iranian ‘Friendly Fire’ Disaster Which Killed & Wounded Dozens Yesterday we reported on the almost unprecedented Iranian naval disaster in the Gulf of Oman which left 19 Iranian personnel dead and at least 15 wounded, which Tehran officials and state media have since confirmed. A frigate involved in military maneuvers sustained “friendly fire” as a target-seeking […]

  • The Fed Is Now Buying Bond ETFs: Here Is What You Need To Know

    ZeroHedge - May 12th 2020 11:06am EDT

    The Fed Is Now Buying Bond ETFs: Here Is What You Need To Know Not even at the depths of the 2008 financial crisis, did the man who unleashed the biggest asset bubble in history, Ben Bernanke, dare to cross the bridge into the final circle of moral hazard hell by refusing to openly monetize […]

  • Supreme Court Begins Hearing On Trump’s Financial Records

    ZeroHedge - May 12th 2020 10:50am EDT

    Supreme Court Begins Hearing On Trump’s Financial Records With Biden hunkering in his basement and Obama under pressure from the newly disclosed revelations from his administrations “meddling” in Trump’s campaign/presidency, Democrats will be anxiously waiting with baited breath for any signs of a win as the Supreme Court will hear remote debates in three major […]

  • Why Does The Mainstream Media Seem So Desperate To Keep The COVID-19 Lockdowns Going?

    ZeroHedge - May 12th 2020 10:25am EDT

    Why Does The Mainstream Media Seem So Desperate To Keep The COVID-19 Lockdowns Going? Authored by Michael Snyder via TheMostImportantNews.com, Something doesn’t smell right.  The number of newly confirmed cases of COVID-19 in the U.S. each day has been declining, as has the number of deaths.  This is great news, and we should be hoping […]

  • Trump Says US Should “Accept” Negative Rates, “Boxing In” Powell

    ZeroHedge - May 12th 2020 10:10am EDT

    Trump Says US Should “Accept” Negative Rates, “Boxing In” Powell There is a bevy of Fed speakers on deck today, most with a simple agenda of refuting last week’s historic move in Eurodollars which pushed forward fed fund rates negative as soon as November, to wit: BULLARD: NEGATIVE RATES NOT GOOD OPTION FOR U.S. KAPLAN: […]

  • Thousands Of Brits Are Dying At Home Due To The Lockdown

    ZeroHedge - May 12th 2020 9:30am EDT

    Thousands Of Brits Are Dying At Home Due To The Lockdown Authored by Paul Joseph Watson via Summit News, A Guardian analysis has found that there have been thousands of excess deaths of people at home in the UK due to the lockdown. “The data shows 8,196 more deaths at home in England, Wales and […]

  • Putin’s Longtime Spokesman Hospitalized With COVID-19

    ZeroHedge - May 12th 2020 9:19am EDT

    Putin’s Longtime Spokesman Hospitalized With COVID-19 Dmitry Peskov, the longtime spokesman for Russian President Vladimir Putin and one of the most recognizable members of the Russian government – at least to reporters and others who closely follow Russian political news – has been hospitalized with advanced coronavirus symptoms, Russian newswire RIA Novosti reported.   Russia […]

  • Boeing CEO Predicts A US Airline Will “Most Likely” Go Bankrupt This Year

    ZeroHedge - May 12th 2020 9:08am EDT

    Boeing CEO Predicts A US Airline Will “Most Likely” Go Bankrupt This Year Boeing’s CEO, flush with fresh capital (read: debt) for his business, is now starting to make the rounds on the company’s redemption tour. The coronavirus put the 737 MAX scandal in the proverbial rear-view mirror and Boeing was able to raise $25 […]

  • Rabobank: “Second Wave”

    ZeroHedge - May 12th 2020 8:59am EDT

    Rabobank: “Second Wave” Authored by Jane Foley and Piotr Matys of Rabobank Second wave Stock market investors failed to maintained their glib optimism in Asian hours this morning in the face of mounting evidence that a loosening of lockdowns risks an increase in the number of infections. Six locally transmitted cases reported in Wuhan, the […]

  • ‘Social Distancing’ Is Snake Oil, Not Science

    ZeroHedge - May 12th 2020 8:51am EDT

    ‘Social Distancing’ Is Snake Oil, Not Science Authored by William Sullivan via AmericanThinker.com, Governor Andrew Cuomo of New York says that it’s “shocking” to discover that 66 percent of new hospitalizations appear to have been among people “largely sheltering at home.”  “We thought maybe they were taking public transportation,” he said, “but actually no, because these people […]

  • Core CPI Crashes By Most On Record; Food Costs Soar As Energy & Apparel Collapse

    ZeroHedge - May 12th 2020 8:41am EDT

    Core CPI Crashes By Most On Record; Food Costs Soar As Energy & Apparel Collapse Headline Consumer Prices fell 0.8% MoM – the biggest drop since 2008 – as soaring food inflation was dominated by plunging energy, apparel, and lodging costs… But it was Core CPI, printing 0.4% MoM that made the headlines. That is […]

  • Futures Jump As Traders Shrug Off Fears Of New US-China Trade War, Flare-Up In Wuhan Virus Cases

    ZeroHedge - May 12th 2020 8:21am EDT

    Futures Jump As Traders Shrug Off Fears Of New US-China Trade War, Flare-Up In Wuhan Virus Cases S&P futures rebounded from an overnight selloff, and are back at Monday’s highs as European stocks rose on Tuesday despite a selloff in Asia as dip-buyers overwhelmed concerns about a “second wave” in China which is set to test all […]

  • South Korea Confirms 100+ Cases In ‘Gay Bar’ Cluster, Russia Now Home To World’s 2nd-Worst Outbreak: Live Updates

    ZeroHedge - May 12th 2020 8:05am EDT

    South Korea Confirms 100+ Cases In ‘Gay Bar’ Cluster, Russia Now Home To World’s 2nd-Worst Outbreak: Live Updates Summary: Russia overtakes UK to become world’s 2nd-biggest outbreak South Korea uses surveillance tech to confirm 100 cases linked to gay bar outbreak UK finds 4/10 COVID-19 deaths linked to care homes Wuhan begins latest mass testing […]

  • Anti-Quarantine Protesters Spotted With Rocket Launcher In Downtown Raleigh

    ZeroHedge - May 12th 2020 7:53am EDT

    Anti-Quarantine Protesters Spotted With Rocket Launcher In Downtown Raleigh Armed protesters on Saturday lugged around an “inert” AT4 rocket launcher, an M2 Browning .50 caliber machine gun, and an assortment of different weapons on the first full day of North Carolina’s Phase 1 in downtown Raleigh Saturday afternoon.  The protesters, which looked like a group of mercenaries from the movie The Expendables, were spotted marching on the streets and eating […]

  • Geopolitics Stings Sentiment But Dip-Buying Is Relentless

    ZeroHedge - May 12th 2020 7:38am EDT

    Geopolitics Stings Sentiment But Dip-Buying Is Relentless Submitted by Eleanor Creagh, Australian Market Strategist at Saxo Bank Summary: After a hesitant overnight session on Wall Street, Asia trades heavy as geopolitical concerns come to the fore, fears of rolling COVID-19 outbreaks mount and dollar strength tentatively resurfaces. We look to the US cash session tonight […]

  • Spanish Man Dies After Being Stung By “Murder Hornet”

    ZeroHedge - May 12th 2020 6:55am EDT

    Spanish Man Dies After Being Stung By “Murder Hornet” A Spanish media outlet has reported what appears to be the country’s first fatality involving a “Murder Hornet” since a NYT story set off a countrywide panic in the US (the bees have been spotted in Washington State, apparently). Here’s more from Marca: A 54-year-old man […]

  • Media Bashes Trump For Rushing Reopening As Dr. Fauci Leaks Senate Testimony

    ZeroHedge - May 12th 2020 6:36am EDT

    Media Bashes Trump For Rushing Reopening As Dr. Fauci Leaks Senate Testimony Dr. Anthony Fauci has a simple message for the states to be delivered during his Tuesday testimony before the Senate HELP (that’s Health, Education, Labor, and Pensions) Committee: Moving to reopen states too quickly could risk a deadly resurgence of the outbreak. Full […]

  • Peter Schiff: These Jobs Aren’t Coming Back

    ZeroHedge - May 12th 2020 6:00am EDT

    Peter Schiff: These Jobs Aren’t Coming Back Via SchiffGold.com, The US Labor Department released its April non-farm payroll report on Friday and it was as bleak as expected. As Peter Schiff put it, it was the weakest jobs report in the history of jobs reports. And even worse, a lot of these jobs are never […]

  • “Perfect Storm” – Cord-Cutting Erupts In Pandemic As Pay-TV Crumbles

    ZeroHedge - May 12th 2020 5:30am EDT

    “Perfect Storm” – Cord-Cutting Erupts In Pandemic As Pay-TV Crumbles “Netflix and quarantine” has been made famous by the pandemic as cord-cutting erupts in the first quarter. Millions of people were confined to their homes in March as the fast-spreading virus terrorized the nation, many folks, some of which lost their jobs, cut traditional cable […]

  • Poll Finds That 9 Out Of 10 Brits Want Lockdown To Carry On

    ZeroHedge - May 12th 2020 5:00am EDT

    Poll Finds That 9 Out Of 10 Brits Want Lockdown To Carry On Authored by Steve Watson via Summit News, A new poll has revealed that the vast majority of people in Britain are happy for the government mandated lockdown to continue, with just 4 percent expressing a desire to see it lifted immediately. According […]

  • The World At War In 2020

    ZeroHedge - May 12th 2020 4:15am EDT

    The World At War In 2020 May 8, 2020 marked 75 years since the end of the Second World War in Europe – VE Day. While the conflict which claimed millions of lives on European soil is firmly committed to the annals of history, Statista’s Martin Armstrong notes that conflict in the East of the […]

  • Riots Return To France’s No-Go Zones

    ZeroHedge - May 12th 2020 3:30am EDT

    Riots Return To France’s No-Go Zones Authored by Guy Milliere via The Gatestone Institute, Saturday, April 18, 11 pm. Villeneuve-la-Garenne, a small town in the northern suburbs of Paris. A young man rides a motorcycle at high speed and hits the door of a police car. He breaks his leg. He is sent to the hospital. He […]

  • London’s Trains Packed With Commuters As PM Johnson Lifts ‘Stay Home’ Order

    ZeroHedge - May 12th 2020 2:45am EDT

    London’s Trains Packed With Commuters As PM Johnson Lifts ‘Stay Home’ Order Last night, UK PM Boris Johnson laid out the broad strokes of the first phase of Britain’s reopening even as the outbreak inside the country continues to rage. He accompanied the announcement, which focused on 5 simple principles with promises of more details […]

  • Who Controls The British Government Response To COVID-19, Part 1

    ZeroHedge - May 12th 2020 2:00am EDT

    Who Controls The British Government Response To COVID-19, Part 1 Authored by Vanessa Beeley via Off-Guardian.org, “The welfare of humanity is always the alibi of tyrants” – Albert Camus As Britain hurtles headlong towards neo-feudalist governance with heightened surveillance, micro-management of society and an uptick in fascistic policing of the draconian measures imposed to combat […]

  • US Army To Develop Wearable COVID-19 Detectors

    ZeroHedge - May 12th 2020 1:00am EDT

    US Army To Develop Wearable COVID-19 Detectors With more than 5,000 service members infected with COVID-19, the Army has issued a contract notice on The System for Award Management (SAM) website, seeking “to develop a wearable diagnostic capability for the pre‐/very early‐symptomatic detection of COVID‐19 infection.” The notice titled “MTEC-20-12-COVID-19_Diagnostics” is a request for project proposals through the Medical Technology […]