What You Missed in the Death of George Floyd While You Were Busy Being Racist

What You Missed in the Death of George Floyd While You Were Busy Being Racist

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 […]

Global Airline Update

Global Airline Update

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 […]

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming The Day Ahead The United States prints personal consumption expenditures prices for 1Q20, as well as the Energy information Administration’s crude oil, gasoline, fuel production, and heating oil stocks change for the week concluded 22 may. South Korea announces April’s industrial production. Japan releases April’s industrial production and […]

News Corp Drops Print in Australia

News Corp Drops Print in Australia

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 […]

Federal Reserve Will Look to Address Uncertainty

Federal Reserve Will Look to Address Uncertainty

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 Looks for New Stimulus

Bank of England Looks for New Stimulus

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 Rolls Out the Printing Press, Again

Japan Rolls Out the Printing Press, Again

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 […]

Europe to Kill the Value of the Euro for an Economic Quick Fix

Europe to Kill the Value of the Euro for an Economic Quick Fix

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 […]

France Ready to Rebound

France Ready to Rebound

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” […]

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again Tesla said on Wednesday it’ll cut prices of its electric vehicles in North America as the company ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns. The company’s Model S sedans will now be priced from $79,990, and its Model X sport utility […]

Resorts in Asia Heighten the Hygiene

Resorts in Asia Heighten the Hygiene

Whether we emerge from the most acute phase of the pandemic into a Brave New World is largely dependent on whether we’re all observing heightened hygiene protocols. Hand-washing has become de rigueur and many of us routinely respect a six-foot corona bubble of personal space when we encounter others. Hotels know this, and are enacting […]

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street Investors celebrated the reopening of the new york stock exchange by sending stocks soaring Tuesday, as the nation continues to unwind from pandemic shutdowns and a lot of drug companies chase coronavirus cures. The Dow Jones industrial average closed the day up 530 points, about […]

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook The Dow Jones futures trading higher on memorial day as investors ignored rising tensions between USA and China and a new stand-off in Hong Kong and centered on the reopening of the economy and developments on the coronavirus treatment. Fed Governor Rosengreen in an interview on Sunday, said that […]

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility The greenback has been the main mover on currency markets within the past seven days. In the early part of last week, it had been on the back foot as signs of progress in the race for a Covid-19 treatment supported risk appetite. The currency managed to recovery some […]

Coronavirus and the Reopening of America

Coronavirus and the Reopening of America

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 […]

No US Recovery Until Q3

No US Recovery Until Q3

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 […]

Triple Crown and other major stakes for 3-year-olds finally firming up

Triple Crown and other major stakes for 3-year-olds finally firming up

With the schedules for the 2020 Triple Crown and other major stakes for 3-year-olds finally firming up, trainer Patrick Biancone is stepping up the training programs for Sole Volante and Ete Indien at Palm Meadows, Gulfstream Park’s satellite training facility in Palm Beach County.  “I gave them an easy time in April. They should be […]

Sunlight Shines on Magic Millions Broodmare Sale

Sunlight Shines on Magic Millions Broodmare Sale

Champion mare Sunlight has been retired and the superstar sprinter will be sold as an elite breeding prospect at the Magic Millions National Broodmare Sale in July. A triple Group One winner and earner of over $6.5 million, Sunlight has spent the past three racing seasons as one of Australia’s best gallopers and she retires as the […]

Another Bumper Inglis Digital Sale in Australia

Another Bumper Inglis Digital Sale in Australia

For the second successive month, popular demand for the Inglis Digital Online Sale platform has seen a new record number of entries. The May Sale will take on the same format as the April Online Sale, where more than 432 lots sold (80%) for a gross of $4.2 million, demonstrating the strong demand across all […]

Royal Ascot 2020

Royal Ascot 2020

Ascot have unveiled a bumper schedule for this year’s behind closed doors Royal Meeting. Ascot Racecourse today unveiled the Order Of Running for the behind closed doors 2020 Royal Meeting (16th-20th June). In this unprecedented year, there are several alterations to the programme, including six extra races being added to the fixture. There will be […]

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip U.S. stock indexes edged down at the open on Thursday as developing Sino-U.S. tensions and mixed retail earnings added to concerns about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average .DJI fell 11.63 points, or 0.05%, at the open to […]

US Federal Reserve Sees Small Businesses Disaster

US Federal Reserve Sees Small Businesses Disaster

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 […]

Carabao Group Thailand Upgraded to Strong Buy

Carabao Group Thailand Upgraded to Strong Buy

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 […]

Thai Airways Bankrupt Needs to Restart

Thai Airways Bankrupt Needs to Restart

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 […]

Vaccine Hopes Drive Asian Markets

Vaccine Hopes Drive Asian Markets

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 Urges Google Facebook Boycott

Australia Urges Google Facebook Boycott

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 […]

10 Post-Coronavirus Trends

10 Post-Coronavirus Trends

Even after loosening its grip, the coronavirus will leave indelible marks on society. “It’s going to change how we think, live, work, learn, shop, travel and entertain,” says Shayne Heffernan, CEO and Founder of Heffx.  “History has shown that past disruptions of this magnitude, as painful as they can be, have often also boosted resourcefulness, […]

New Meliá Koh Samui Welcomes Director of Sales and Marketing

New Meliá Koh Samui Welcomes Director of Sales and Marketing

A talented hospitality professional with two decades of diverse experience in sales and marketing and a passion for building strong business relationships has been named five-star Meliá Koh Samui’s director of sales and marketing. Thai national Phatsalawadee Pimpila’s appointment to the new 159-room and 41-suite luxury resort on Koh Samui’s north-eastern coastline in the Gulf […]

Shutdown Prepares to Bite US Economy

Shutdown Prepares to Bite US Economy

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 […]

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Horse Racing Ireland today welcomed the confirmation from the Government that race fixtures in Ireland can resume behind closed doors on June 8. Only key personnel necessary to run the fixture will be permitted to be on site where they will be subject to strict Covid-19 protocols. All those in attendance will be subject to […]

Président Handicap Chase: Straight to the top

Président Handicap Chase: Straight to the top

The “French Grand National”, the Président de la République Chase (Gr3) is the best-rated handicap run at Auteuil with € 155,000 in prize money. They are 20 at the start this year to take the outer steeple-chases course, over the distance of almost 3 miles.The race is usually held in April and has been delayed due to the […]

Godolphin’s European team ready to go as racing resumes

Godolphin’s European team ready to go as racing resumes

After a suspension due to the coronavirus pandemic that has lasted several weeks, and continues for the time being in some countries, the European racing season is now back underway and action resumes in France on Monday, 11 May at Longchamp. Godolphin will be represented by six runners in total, five from Andre Fabre’s yard […]

Guineas and Coronation Cup headline British racing resumption plan

Guineas and Coronation Cup headline British racing resumption plan

Three Series races to form a part of early schedule once racing resumes Horse racing fans across Britain received positive news yesterday as the BHA announced a provisional schedule, starting on Monday June 1 that included the staging of three QIPCO British Champions Series races. The Investec Coronation Cup, usually staged at Epsom, has been […]

Murat: Newcomers enter hot waters

Murat: Newcomers enter hot waters

A major stage in the spring chasing season, the Murat Chase (Gr2) also becomes the only one this year on the way to the Grand Steeple-Chase de Paris (Gr1) due to the coronavirus outbreak and the lockdown on racing that was enforced from March to May.The Grand Steeple-Chase de Paris (Gr1) will indeed be held on June […]

How to Break the Rules and Get Away With IT

How to Break the Rules and Get Away With IT

Historically, pandemics have forced humans to break with the past and imagine their world anew. This one is no different. It is a portal, a gateway between one world and the next. Without a doubt, the coronavirus is shaking the financial industry like never before. This is not the first time the world has faced […]

Build Back Better: What Is It, and What Should It Be?

Build Back Better: What Is It, and What Should It Be?

We believe that the pandemic could further sharpen the focus upon sustainable investing, benefiting society and driving shareholder returns. Amid the worst pandemic in over a century and the unprecedented economic shutdowns, people everywhere are longing for a return to normality. At the same time, though, there is also a growing sense that we should […]

New Alma Resort Welcomes Ingo Stöneberg as Executive Chef

New Alma Resort Welcomes Ingo Stöneberg as Executive Chef

A seasoned professional with almost two decades’ experience in luxury hospitality in Europe and the Middle East and a passion for teaching and mentoring others has been named Alma Resort’s executive chef. German national Ingo Stöneberg has joined the 196-pavilion and 384-suite resort overlooking Long Beach, on Vietnam’s Cam Ranh peninsula, to oversee its rich […]

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing London stocks were set to edge lower on Tuesday as investors continue to mull the loosening of lockdown restrictions in the UK and abroad.The FTSE 100 was called to open 12 points lower at 5,927. Shayne Heffernan Trade Idea “The pound sold […]

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

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 […]

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving Bitcoin halving, as it’s called, is set to take place for the third time on or around May 12. In the past, this event has coincided with a strong run-up in the bitcoin price and may lead to pre- and post-halving volatility, with price implications extending into […]

Star Mares to Visit Justify

Star Mares to Visit Justify

Coolmore’s Tom Magnier secured Group I winner Booker earlier in the Inglis Chairman’s Sale for $1.6 million and then later added Champion Sprinting filly Samaready to his tally for $1.8 million, both mares set to be covered by Triple Crown winner Justify in the spring. Consigned by Vinery Stud, Samaready won the Group I MRC […]

Russian Camelot Makes History With Derby Victory

Russian Camelot Makes History With Derby Victory

Russian Camelot (3c Camelot – Lady Babooshka, by Cape Cross) became the first Northern Hemisphere-bred horse to win an Australian Derby when taking Saturday’s South Australian Derby worth $400,000. The Danny O’Brien-trained colt was sent off favourite for the Morphetville feature, despite the six month age gap between the bay and his rivals, with another challenge posed by […]

Apple unveils plans to reopen some US stores

Apple unveils plans to reopen some US stores

Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. The iPhone maker planned to start with some stores in Alabama, Alaska, Idaho and South Carolina. “We’ve missed our customers and look forward to offering our […]

Lufthansa to resume some European services in June

Lufthansa to resume some European services in June

German airline giant Lufthansa said Friday it will fly twice as many aircraft in June as in recent weeks and return to some European destinations, but the flight plan remains a shadow of pre-coronavirus operations. Spots beloved of holidaymakers like Spanish island Mallorca, Crete and German North Sea retreat Sylt will return to the timetable, […]

Chairman’s Sale defies global economic downturn to post strong results

Chairman’s Sale defies global economic downturn to post strong results

The Australian bloodstock market again defied the global trend of Coronavirus-inflicted economic downturn with some extraordinary results at tonight’s Inglis Chairman’s Sale. Held as a virtual auction for the first time, the Chairman’s Sale offered some of the southern hemisphere’s most sought-after broodmare prospects and the top of the market especially didn’t disappoint, with four […]

Prix de Saint-Georges History : The first French sprint of the season

Prix de Saint-Georges History : The first French sprint of the season

May, ParisLongchamp Prix de Saint-Georges Group 3, 3-year-old and above, 1,000m/5f, €56,000 Created in 1929 Last winner: Sestilio Jet (c4 FRA by French Fifteen ex Hideaway Girl, by Fasliyev), owned by Akhal Teke Properties, bred by Michel Monfort, trained by Andrea Maecialis, ridden by Lanfranco Dettori. Record-time: 55”2 by Sainte Marine (1998) and Peace Offering (2007). The race will be run in […]

Royal Ascot to be run behind closed doors

Royal Ascot to be run behind closed doors

The five day meeting will not be open to the public this year due to Coronavirus Pandemic Ascot racecourse confirmed that they have reached the “unavoidable conclusion” that Royal Ascot 2020 will not be able to take place as an event open to the public. Plans to run Royal Ascot races behind closed doors are […]

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup Wall Street’s major averages closed higher as investors digested the newly-released weekly report on US jobless claims. On Thursday, the Dow Jones Industrial Average jumped 211.25 points, or 0.89 per cent, to 23,875.89. The S&P 500 increased 32.77 points, or 1.15 per cent, to […]

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses […]

33.5 Million Americans Out of Work

33.5 Million Americans Out of Work

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. […]

Tourism Industry Prepares for a Massive Hit

Tourism Industry Prepares for a Massive Hit

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 […]

Tip of the Iceberg: Economic Reports Begin to Show the Cost of a Global Lockdown

Tip of the Iceberg: Economic Reports Begin to Show the Cost of a Global Lockdown

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 […]

Early Morning Traders Brief

Early Morning Traders Brief

WE HAVE A NEW PRODUCT BEING RELEASED – NEWEST MT5 TRADING PLATFORM. REGISTER TODAY AND RECEIVE EXCLUSIVE MEMBERSHIP. Market View Financial spreadbetters expect London’s FTSE to open 1 point lower at 5,853, Frankfurt’s DAX to open 5 points higher at 10,611 anParis’ CAC to open 2 points lower at 4,431. Asian shares pared early losses […]

China US Trade Update

China US Trade Update

Trade negotiators from the United States and China will hold a phone call as early as next week, citing people familiar with the matter. The call will include Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. The talks will be about progress in implementing a phase-one deal after U.S. President Donald Trump […]

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy Sterling rose by around half a cent versus the dollar on Thursday, after the Bank of England held rates steady at 0.1%, as expected, and held off on further stimulus. The pound rose to as much as $1.2380 from $1.2331 before […]

China Exports Rise

China Exports Rise

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 […]

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]

5G News: Department of Commerce Announces the Addition of Huawei Technologies Co. Ltd. to the Entity List

5G News:  Department of Commerce Announces the Addition of Huawei Technologies Co. Ltd. to the Entity List

Today, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced that it will be adding Huawei Technologies Co. Ltd. and its affiliates to the Bureau’s Entity List. This action stems from information available to the Department that provides a reasonable basis to conclude that Huawei is engaged in activities that […]

Hans Jenni Set to Retire from GHM

Hans Jenni Set to Retire from GHM

After nearly 30 years at the helm of a pioneering hotel management group, Hans R. Jenni is retiring today as president and director of GHM. The group’s current CEO, Tommy Lai, will assume responsibility for GHM’s day-to-day operations and management. Since 1992, when Jenni co-founded GHM with Amanresorts group founder Adrian Zecha, his vision has […]

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus Disney revealed it lost a potential $1 billion due to park closures over the COVID-19 outbreak, but that might only be the beginning. Disney theme parks could lose close to $21 billion in revenue through 2022 because of closures from the coronavirus pandemic, The Orange County […]

Irish and English Politicians Fail to Recognise the Importance of Racing to the Economy

Irish and English Politicians Fail to Recognise the Importance of Racing to the Economy

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 […]

Americans Pay a Heavy Price for Lockdowns

Americans Pay a Heavy Price for Lockdowns

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 […]

Coronavirus Lockdown Easing Brings Relief Rally, But a Wave of Bad Economic News Will Follow

Coronavirus Lockdown Easing Brings Relief Rally, But a Wave of Bad Economic News Will Follow

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 […]

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away Bitcoin halving search interest on Google has reached a fever pitch. On-chain activity is also on the rise as retail and institutional interest spikes. BTC bulls are hoping that history repeats itself and the price skyrockets. It’s been left for dead more than once, written off as nothing […]

While you were distracted, Boris made a big move

While you were distracted, Boris made a big move

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 and that’s the good news

US exports plunged 9.6 percent in March and that’s the good news

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 […]

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