#TRAVEL #THAILAND July is a month of the rainy season. The atmosphere is rainy, moist and cool. Every water resource is filled again, perfect for a challenging activity which is popular among both Thai and foreign tourists: rafting. In a flooding season like this, the more water, the more fun and challenge. Our recommended places […]
Lockheed paid suppliers $1.1 billion, added 8,300 jobs since pandemic Lockheed Martin CorporationTicker: NYSE:LMTPrice: $356.76Recommendation: Buy Read More
Global audit giant EY is facing growing questions and threats of legal action over its role in the bankruptcy of German payments processor Wirecard after signing off on the accounts for years. Some plaintiffs have already launched legal cases against EY after Wirecard’s spectacular bankruptcy last week. German shareholders’ association SdK said Friday it had […]
Atlantis Paradise Island announced today that the iconic resort property located on Paradise Island in The Bahamas would welcome guests to The Royal and Harborside Resort beginning July 7 and The Cove on July 14, as part of a phased reopening. The resort partnered with the world-renowned Cleveland Clinic and launched the Atlantis Clean & Safe […]
Simon announced today the grand opening of Siam Premium Outlets Bangkok, marking the arrival of Thailand’s first Premium Outlets®, bringing the world’s most popular brand of outlet shopping to the country. “We are thrilled to celebrate the opening of our newest Premium Outlet center serving the vibrant Bangkok region, as part of our continued international […]
(NASDAQ: RDFN) — Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Price growth began accelerating […]
#tencent $tstzf #china #games #tech #strongbuy Tencent Games, the world-leading game development, publishing and operation platform, unveiled a new chapter in innovative gameplay and quality games with a roadmap of more than 40 game product updates, including new self-developed and licensed games with fan favorite intellectual property (IP). The announcement made at the Tencent Games […]
#samsung #5g #huawei #sanctions With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine. Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to […]
Sales jumped almost 20 percent in March from the previous month and continued at a brisk pace through April, according to the government statistical agency. Classified as an essential service, pot stores remained open while online sales exploded. Industry expert Bradley Poulos, who teaches at Ryerson University in Toronto, said the pandemic has had a […]
#kentuckyderby #coronavirus #churchilldowns #kentucky The Kentucky Derby, which was rescheduled for September. 5 due to the novel coronavirus, will allow spectators onto the grounds to watch the Run for the Roses even as COVID-19 infections surge across parts of the United States, Churchill Downs Racetrack said on Thursday. “Our team is deeply committed to holding […]
#AmericanPharoah #kentucky #coolmore #ireland Harvey’s Lil Goil (3f American Pharoah x Gloria S., by Tapit) became the third Grade III winner in a week for American Pharoah and fifth stakes horse in 10 days with her win in the Grade III Regret Stakes at Churchill Downs on Saturday. Always shadowing the leader through the 1 […]
Keeneland has been granted approval to permit a limited number of participating owners to attend the upcoming Summer Meet, to be held July 8-12. Keeneland officials collaborated with Kentucky Gov. Andy Beshear and state public health officials to develop a plan that ensures the safety of horsemen and track employees under the Healthy at Work […]
#GDP #USA #FX #USD #CORONAVIRUS Real gross domestic product (GDP) decreased at an annual rate of 5.0 percent in the first quarter of 2020 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on […]
$BAC $JPM $USD #ECONOMY #USA Personal income decreased $874.2 billion (4.2 percent) in May according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $911.1 billion (4.9 percent) and personal consumption expenditures (PCE) increased $994.5 billion (8.2 percent). Real DPI decreased 5.0 percent in May […]
Aidan O’Brien knows the Curragh like the back of his hand and is hoping Santiago can land him a 14th victory in Saturday’s Dubai Duty Free Irish Derby, writes Will Jennings. It’s been 23 years since Desert King first got the ball rolling for the master of Ballydoyle and it hasn’t stopped since. O’Brien is […]
It’s all eyes on the Curragh this weekend as the famous course hosts a bumper triple-header of racing action, broadcast live to the nation on RTE. The thrills and spills get underway on Friday when coverage starts at 7pm and you can watch some of Ireland’s most promising fillies – young female horses – duel […]
The chief of London’s police, Cressida Dick, has denounced the “utterly unacceptable” aggression shown towards police officers – 140 of whom have suffered injuries, after a spate of illegal parties and Black Lives Matter protests. The Metropolitan Police commissioner revealed on Friday that a large number of officers had been injured over the last three […]
Stakes-winning veterans Tom’s d’Etat and By My Standards headline a battle for the second automatic berth of 2020 into the $7 million Longines Breeders’ Cup Classic (G1) this Saturday, June 27, at Churchill Downs in Louisville, Ky., in the Grade 2, $500,000 Stephen Foster, live at 5 p.m. ET on NBC. The Stephen Foster broadcast is part of the […]
A 2-year-old American Pharoah colt became the Triple Crown winner’s latest sales ring success when he sold for 400,000gns at the Tattersalls Craven Breeze-Up Sale on Wednesday as the second most expensive offering of the one-day sale. Bred by Bridlewood Farm, the colt out of Harlan’s Honor was purchased by Simon Chappell from Star Bloodstock. […]
Prix du Muguet Group 2, 4-year-olds and above, 1,600m/1m, €90,000 Created in 1967 Last winner: Plumatic (h5, GB by Dubawi and Plumania, by Anabaa), owned by Wertheimer&Frère, bred by Wertheimer&Frère, trained by André Fabre, ridden by Vincent Cheminaud. Record-time: 1’35’’90 by Redmead in 1984. The race would be run in 2020 for the 52nd time The 2019 edition Last going into […]
Microsoft Corp. (NASDAQ: MSFT) (“Microsoft”) today announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company’s retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching […]
If you haven’t been to Sydney, now’s the time to put this Aussie gem on your travelling radar. One of the world’s dream destinations, Sydney boasts the soaring sails of Sydney Opera House, glittering Sydney Harbour and world-famous beaches. Beyond the icons, explore the urban essence of Sydney in neighbourhoods such as Chippendale, Surry Hills and […]
British supermarket giant Tesco announced Friday that its first-quarter sales jumped eight percent, boosted by rocketing online purchases as people switched to grocery deliveries during the nationwide coronavirus lockdown. Total sales excluding petrol surged to £13.4 billion ($16.6 billion, 14.8 billion euros) during the company’s first quarter — the 13 weeks to end-May — compared […]
The US economy shrank by an annualized 5 percent in the first quarter of 2020, in line with the previous estimate and ending the longest period of expansion in the country’s history, final figures showed. It is the biggest drop in GDP since the last quarter of 2008 as the Covid-19 pandemic forced several states […]
#EURUSD #EU #EUROPE #BAILOUT The EU’s top competition authority approved the massive bailout of Lufthansa by the German government on Thursday, saving one of the world’s biggest airlines from bankruptcy, but under conditions. This is the start of Europe’s bailouts that could see trillions printed and the Euro continue to erode in value. The European […]
Softbank is bleeding cash and may sell $BABA stock $BABA will do better in China without the perceived influence of Japan SoftBank Group founder Masayoshi Son announced Thursday he was leaving the board of Alibaba as Jack Ma, the charismatic co-founder of the Chinese e-commerce giant, also leaves SoftBank’s board. Son made the unexpected move […]
Tencent Holdings Ltd 0700.HK Target HKD$1000 Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region. Western firms, led by Netflix, dominate streaming globally but companies from the world’s number two economy have been taking tentative […]
#FX #AUDUSD #AUD #AUSTRALIA Already over taxed and under serviced the Aussie worker is taking on an increasing amount of debt via Government bail-out and assistance programs. Afer making themselves dependent on China they now find themselves at odds with their self appointed benefactor. Government Debt to GDP in Australia averaged 24.41 percent from 1989 […]
#blm #racism #politics #altright I took a cell phone and accidentally made myself famous. (Laughter) I was just talking about the things that I cared about, but with the click of a button and an incendiary viral video I propelled myself into overnight stardom. When I say overnight, I mean I literally woke up the next morning with so many notifications on […]
#coronavirus #travel #latestnews #economy #usa More than 78,000 people were diagnosed with COVID-19 in the US and in Brazil alone Wednesday, as the IMF laid out the unprecedented economic devastation caused by the global pandemic and the WHO warned the number of infections could reach 10 million worldwide within the next week. As many countries […]
#blacklivesmatter #BLM #coronavirus #usa #democrats Once again the USA has smashed its own record for the number of coronavirus cases recorded in a single day, with more than 38,000 new patients confirmed in the last 24 hours, topping a high set in April, as some states see infections spike. While the mainstream media have ignored […]
Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday. The WTO said that in the first quarter, the volume of merchandise trade shrank by three percent compared to the […]
Auto sales in Europe this year will tumble a record 25 percent due to the coronavirus pandemic which has left manufacturers facing a “major economic crisis”, a top industry group said Tuesday. The European Automobile Manufacturers Association(ACEA) also urged the European Union and member state governments to help the industry recover and safeguard jobs. EU […]
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Oil demand in […]
Australia’s Commonwealth Bank faces hefty fines for alleged misconduct in the sale of pension products, regulators said Tuesday, the latest in a flurry of scandals to rock the country’s finance industry. The Australian Securities and Investments Commission (ASIC) on Tuesday accused Commonwealth Bank (CBA) of receiving Aus$22 million ($15 million) in prohibited payments from a […]
– Another 723,000 homeowners became past due on their mortgages in May, pushing the national delinquency rate to its highest level in 8.5 years – There are now 4.3 million homeowners past due on their mortgages or in active foreclosure — including those in forbearance who have missed scheduled payments as part of their plans […]
$ES=F $YM=F $NQ=F Stocks mostly rose Tuesday as investors continue to see the positives in the reopening of economies around the world, which is offsetting worries about a second wave of infections. But the possibility of a renewed China-US trade war hurtled back into the mix after top White House economics adviser Peter Navarro said […]
$SFTBY $TMUS Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth over $21 billion as it sheds assets to shore up its financial health. The move comes a month after SoftBank announced an eye-watering $8.9 billion annual net loss, hit hard by troubles with its unicorn investments including WeWork, as […]
Ad Sales Google is expected to see its first decline in US ad revenues this year as the coronavirus pandemic hits travel advertising, a market tracker said Monday. New research by eMarketer indicates Google will still be leading digital advertising but with a smaller share as the market evolves into a “triopoly” with Facebook and […]
Several US firms have joined a call by activists to halt ad spending on Facebook over concerns the leading social network has fallen short in efforts to crack down on hate speech and incitements to violence. The sporting goods maker Patagonia added its name to the list Sunday, joining rivals North Face and REI and […]
If you have been sitting watching the news, or out rioting in the Streets, if you think the last weeks behavior brought an end to the Trump administrations 2020 hopes, you are an idiot. What actually happened is a million or so people in America and a couple of people around the world went on […]
Here is a list the Protestors in America can burn that will make America a better place: The Tax Code The tax code, also called the Internal Revenue Code (IRC), is where the actual rules are published. Unfortunately, in addition to being thousands of pages long–in 2014, the IRC was approximately 2,600 pages long–the IRC […]
Britain confirmed Tuesday it was looking at establishing “air bridges” with countries with low rates of coronavirus, exempting them from controversial quarantine measures. Under a plan announced last month to try to limit the spread of COVID-19, international arrivals from June 8 will be required to self-isolate for a fortnight. Ireland is currently the only […]
Warner Music Group, one of the globe’s “big three” recording companies, is set to proceed with its initial public offering valuing the company up to $13.3 billion. Evidence of streaming’s boon to the once beleaguered recording industry, the closely watched listing could come as soon as Wednesday, according to US media reports. The debut planned […]
The European Central Bank could announce Thursday hundreds of billions of euros in new bond-buying to keep fighting the pandemic crisis, analysts predict, as EU governments prepare to wrangle for months over a joint response. While some policymakers have urged abandoning the ECB’s self-imposed limits on buying government debt to stoke growth and inflation, the […]
Hong Kong led an Asia-wide market rally Monday as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of virus lockdowns continued to provide support. However, violent anti-racism protests across the US have fuelled worries of a pick-up in COVID-19 infections and more […]
Don’t expect Trump’s policies to concern China overly, they have already built trade routes the world over and will continue to invest regionally in South East Asia. As China exits the Coronavirus ahead of the USA it has significant opportunity to cement trade deals ahead of other nations still stuck in the pandemic quagmire. Factory […]
The Federal Bureau of Investigation reported that violent crime fell nationwide in the period from 1990 to 2018. Violent crime was at a height of 1.93 million crimes in 1992, but has since reached a low of 1.15 million violent crimes in 2014. When conducting crime reporting, the FBI’s Uniform Crime Reporting Program considered murder, […]
The U.S. Food and Drug Administration today continued to take action in the ongoing response to the COVID-19 pandemic: FDA is making its previously developed FDA MyStudies app available to investigators as a free platform to securely obtain patients’ informed consent for eligible clinical trials when face-to-face contact is not possible or practical due to […]
Washington’s declaration this week that Hong Kong is no longer sufficiently autonomous from China was a historic moment with potentially far-reaching consequences for the finance hub — though much depends on President Donald Trump. The revocation of special status could radically rearrange the fortunes of a city that has served for decades as the global […]
Facing its deepest recession since World War II and with business confidence collapsing, the coronavirus pandemic is hitting Italy’s economy hard. The economy of Italy is the 3rd-largest national economy in the European Union, the 8th-largest by nominal GDP in the world, and the 12th-largest by GDP (PPP). Italy has a major advanced economy and […]
Los Angeles restaurants and hair salons were granted permission to reopen immediately Friday, as restrictions were eased despite fears the city has become a coronavirus hotspot. Restaurants in Los Angeles county — which has suffered more than half of California’s virus deaths — will be allowed to offer dine-in services with capacity limited to 60 […]
US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world’s two biggest economies. The announcement followed Beijing’s move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom, as well as with […]
Salesforce (NYSE: CRM), the global leader in CRM, today announced that Salesforce executives will participate in the following investor events: Monday, June 1, 2020: Adam Blitzer, EVP & GM, Marketing Cloud, Commerce Cloud and Community Cloud, will participate in a fireside chat at the Morgan Stanley 2020 Cloud Secular Winners Virtual Conference at 1:00 p.m. […]
This week brought more evidence of buyers and sellers returning to the market as newly pending sales and new listings are up from the previous week. Inventory continues to be incredibly tight — one reason list prices are growing faster than they were in April. Partly on the strength of that rebound, Zillow’s forecast now […]
The latest research from Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, shows that as worldwide audiences continue to shift toward engaging more with mobile and multi-platform devices, mobile commerce (m-commerce) is gaining an increasing share of digital commerce. In the 2020 “Global Mobile Payments Outlook” whitepaper, Comscore examines […]
Global equities mostly sank on Friday as US President Donald Trump readied his response to Beijing’s controversial planned national security law for Hong Kong. Trump has called a news conference to outline his response later Friday, as the heightened tensions overshadow increasing signs that the global coronavirus crisis is easing. “Beijing has defied all US […]
New orders for US manufactured goods cratered in April by 17.2 percent as the COVID-19 pandemic shut down factories nationwide, the Commerce Department reported Thursday. That decline came after a 16.6 percent drop in March, taking sales down to $170 billion in April from $246 billion before the virus hit the world’s largest economy. Excluding […]
George Floyd died and the racist calls rang out, some black Americans looted stores, Media cried racism, black groups blamed white people, some whites blamed blacks and the whole argument shot off on a tangent, some blamed Trump, just what the government likes. Why does the Government like it? because it stops people seeing the […]
Austrian Airlines said Thursday that it would resume flights from June 15 after almost three months of being grounded due to the new coronavirus pandemic, which has heavily restricted international travel. Flights will resume to destinations in Europe, including London, Paris and Brussels, as well as Tel Aviv from June 15, the carrier, a subsidiary […]
Rupert Murdoch’s Australian flagship media group News Corp announced Thursday it will stop printing more than 100 regional and local newspapers, blaming a collapse in advertising made worse by the coronavirus pandemic. The decision comes after News Corp announced on 1 April it was temporarily halting printing of around 60 community newspapers and is expected […]
After weeks of economic shutdowns, the outlook for a US rebound remains “highly uncertain” and businesses nationwide are gloomy about how quickly things can return to normal, the Federal Reserve said Wednesday. At the same time firms worry that generous unemployment benefits make it difficult to retain workers or to bring them back to their […]
Bank of England Governor Andrew Bailey said Wednesday Britain’s economic recovery from the coronavirus pandemic could be “longer and harder” than anticipated and fresh bids to boost growth may be needed. Bailey hinted that further interest rate cuts and quantitative easing — which sees the bank buy government bonds, printing new money in the process […]
Japan announced fresh stimulus plans worth nearly $300 billion on Wednesday to pep up the economy after the coronavirus pandemic tipped the country into recession. Consumer spending has slowed to a crawl despite Japan’s relatively low infection numbers and death toll from the disease outbreak, prompting the first economic downturn since 2015. In response Prime […]
A one-trillion-euro recovery plan to get Europe back on its feet after the devastation wreaked by the coronavirus pandemic was set to be unveiled Wednesday, as badly hit Spain started 10 days of national mourning for its thousands of dead. The massive European proposal follows other unprecedented emergency measures introduced around the world to rescue […]
Economic activity in France is making a clear if cautious recovery after lockdown measures were relaxed earlier this month but the country is still heading for a roughly 20 percent contraction this quarter, the national statistics agency said Wednesday. INSEE said that the French economy was currently running “at roughly four-fifths of its pre-crisis level” […]
When his business was hit by a coronavirus lockdown, Josh Ellis saw a threat to his livelihood and a breach of the US Constitution. So he went on Facebook and called for protests. The appeal “went viral instantly,” said the 40-year-old, who set up a Facebook page called American Revolution 2.0 in early April. The […]
US unemployment is likely to remain in double digits as Americans go to the polls in November, a top White House economic adviser said Sunday. Kevin Hassett predicted that US economic growth will “skyrocket” in the third quarter but could fall short of a full recovery from the coronavirus pandemic. Some 38.6 million people have […]
Asian markets fluctuated Thursday after rallying for much of the week, with any gains dragged by profit-taking while concerns over the long-term impact of the virus and worsening China-US relations added to the selling pressure. Equities have enjoyed weeks of gains thanks to signs of an easing in the disease in major economies and the […]
Some types of businesses may not be able to survive in the post-pandemic world even after the American economy recovers from the coronavirus, the US Federal Reserve said Wednesday. Defeating COVID-19 is the key factor in restoring the world’s largest economy, but some of the damage may persist especially if consumers remain reluctant to return […]
HEFFX have issued a STRONG BUY recommendation on Carabao Group. (CBG.BK) based on a one-year target price of 167.00 baht, offering a 75.79% upside potential from its closing price of 95.00 baht on May, 20th, 2020. Our recommendation is primarily driven by strong margins and growing revenue combined with an excellent balance sheet. About Carabao […]
Thailand’s cash-strapped national carrier will look to undergo a restructuring through the kingdom’s bankruptcy court, premier Prayut Chan-O-Cha said Tuesday, as the stricken company is battered by the crash in tourism caused by the coronavirus. Thai Airways — which is 51 percent owned by the government — has long fought to stay afloat, registering losses […]
Hopes for a vaccine to treat coronavirus and a further easing of lockdown measures around the world spurred a rally on Asian markets Tuesday as investors tracked a surge across Europe and Wall Street. A half-a-trillion-dollar Franco-German plan to support the European Union economy also lifted confidence, while Australian investors brushed off news that China […]
Australia’s competition watchdog suggested Tuesday that local media could organise a “collective boycott” of Google and Facebook to force the tech giants to pay for news they put on their platforms. The radical idea was among a series of possible bargaining tools put forward by the Australian Competition and Consumer Commission (ACCC) as it considers […]
The business shutdowns caused by the coronavirus pandemic could “easily” cause the US economy to collapse by 20 to 30 percent this quarter, Federal Reserve Chair Jerome Powell said Sunday. Data show more than 30 million jobs were destroyed in the world’s top economy, as businesses were shuttered nationwide amid the efforts to stop the […]
THE RACING INFO BUREAU TIPPING SERVICE Open ~ Transparent ~ Non-Affiliated THE RACING INFO BUREAU give the best information on what to bet on, whether it’s hot tips from thier connections at many stables, word from various horse racing traders at top bookmakers or through a vast knowledge and experience or from studying of the […]
Prolific Victorian nursery, Larneuk Stud, has announced fees for its 2020 stallion lineup, with significant reductions across the board. Despite the continued success of O’Lonhro and Cluster, along with the positive vibes around Wolf Cry’s rising 2YOs, Larneuk’s new roster structure represents a 20% decrease on last spring. Cluster will now stand at $5,500 O’Lonhro […]
Dow Jones Industrial Average (.DJI) End of Capitalism? There is an unfettered greed and it sits at the heart of the world economy. Its most visible incarnation, of course, is Gordon Gecko’s home turf — Wall Street itself. Home of the New York Stock Exchange where trillions of stocks and shares are traded daily. Here […]
Passionate about horseracing and through various connections, Graham Arnold & Ian Griffiths from The Racing Info Bureau, decided the time was right to support the industry that gives so many people so much pleasure. The people that deserve this the most in these very testing times are the racing stables and stable staff. What we […]
Sinopec Corp (HKG: 0386), China’s leading energy and chemical company, has put China’s largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East. The tanker was welcomed at the new 300,000-ton crude oil terminal of Sinopec Zhongke Refinery Port, which forms part […]
Tesla chief Elon Musk on Saturday threatened to pull his electric car headquarters and plant out of California after local authorities kept him from resuming production due to the coronavirus pandemic. “Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately,” Musk tweeted in a long diatribe, […]
New claims for unemployment benefits filed by US workers declined slightly last week, but were still a staggering 3.2 million, government data said Thursday. The data from the Labor Department bring the total claims filed since mid-March, when the coronavirus pandemic forced businesses to close their doors to stop the virus’s spread, to 33.5 million. […]
The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread of the virus had plunged international tourism into its […]
Evidence mounted of the devastating economic impact of the coronavirus pandemic on Thursday as hard-hit Europe moved to further ease lockdown measures that ground its economies to a halt. “the data we are seeing now is just the tip of an Iceberg that we are yet to fully comprehend, we are not a buyer of […]
The Euro was not saved today, European Central Bank chief Christine Lagarde will resort to dirty tricks and political blackmail to destroy the value of the Euro and leave Germany the bill. European Central Bank chief Christine Lagarde will prefer a “diplomatic path” to a high-stakes showdown with Germany’s Constitutional Court after a critical ruling, […]
China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns. The brewing threat of a renewed trade war with the United States could also pose a problem, observers said. You will find […]
It takes a special kind of stupid to make Australian Politicians look good, but their Irish and English counterparts are doing their best. Both Ireland and England banned racing even after Australia provided a workable model for racing to continue, the out of touch politicians chose buy in to the hysteria but the price is […]
Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll and wave after wave of economic news will prove disastrous in the mid term. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost […]
Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown. But the unemployment data will hurt the sentiment at the end of the week. We are not buyers in here, the Politicians that imposed […]
Britain begins post-Brexit trade talks with the United States on Tuesday, with 100 negotiators on each side joining via videoconference. Many in Prime Minister Boris Johnson’s Conservative government hope for a free trade agreement with Washington as one of the biggest benefits of leaving the European Union. Officials said the first round of talks would […]
US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. The Media and the Democrats continue to whip up a Carona frenzy with the aim of putting Joe Biden in […]
Gold ETFs saw the highest quarterly inflows for four years amid global uncertainty and financial market volatility. Holdings of these products reached a record high of 3,185t by the end of Q1. These investment inflows helped push the US dollar gold price to an eight-year high. Consequently, global gold demand in value terms reached US$55bn – the […]
Some Asian nations are taking advantage of the collapse in prices caused by the coronavirus pandemic to build up their crude stockpiles. Here are some questions and answers about strategic reserves and the region’s oil supplies: – What are strategic oil reserves and why do countries need them? – Strategic reserves are stockpiles of oil […]
Hard-hit by the market rout surrounding the coronavirus pandemic, Berkshire Hathaway, the holding company of Warren Buffett, has reported first-quarter net losses of nearly $50 billion, it reported Saturday. The company, based in Omaha, Nebraska, called the setback “temporary” but said it could not reliably predict when its many businesses would return to normal or […]
Saudi shares slumped 6.8 percent as trading opened Sunday, a day after the finance minister announced “painful” measures to tackle the economic impacts of the coronavirus pandemic. Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes after the start of trading. Finance Minister Mohammed al-Jadaan said late […]
Here is a list of things I think we should be demanding from our Governments after the Coronavirus. 1 Decriminalize Cash If Governments do have the power to lock us down, imagine what would happen if you are in that situation and your bank collapses, or the Government wants to restrict your financial transaction. This […]
Ten years after sinking into its worst economic crisis in living memory, Greece once again faces the spectre of a grave recession in the midst of a global coronavirus lockdown. Though the country has so far been spared the death toll of other European nations at fewer than 150 fatalities from COVID-19, it will not […]
The coronavirus pandemic caused manufacturing activity in the United States to post a historic decline in April, according to an industry survey Friday, and it may stay depressed for some time. The plunge in the Institute for Supply Management’s (ISM) manufacturing survey was not unexpected and actually slightly less severe than economists had anticipated, as […]
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade. The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia. Investor nerves were tested […]
Irascible, outspoken Tesla chief Elon Musk went on another Twitter rant Friday, including saying the company’s stock was overvalued, which sent the electric carmaker’s shares tumbling. “Tesla stock price is too high imo” (in my opinion), Musk said on Twitter. “Now give people back their FREEDOM,” he demanded shortly after and then cited lines from […]