Independent thinking for complex markets and current events
After the horrific hurricane damage that destroyed or damaged as many as 100,000 homes in Western North Carolina, one would think FEMA and local officials would move heaven and earth to get those affected out of flimsy tents and trailers and into solid dwellings as winter inexorably descends. One would think wrongly: WNC resident (and …
Chinese scientists build ‘recoilless AK-47’ that can be wielded by almost any drone | Stephen Chen, South China Morning Post ‘Multiple tests have confirmed effectiveness’ of automatic rifle with almost no recoil specifically designed for unmanned warfare An automatic rifle specifically tailored for drones has been developed by Chinese scientists, marking a huge step forward …
Texas has offered President-elect Donald Trump over 1,400 acres to conduct its mass deportation operation. The land is available to be used for “processing, detention, and coordination of the largest deportation of violent criminals in the nation’s history,” according to the Texas Land Commissioner. According to a report from Fox News, “Texas Land Commissioner Dawn …
The same Bill Gates who donated $50 million to Harris. Hmm. — Jeff Carlton (@JeffWCarlton) November 9, 2024
CHIMNEY ROCK, West Virginia — Blue-collar workers prevailed over bureaucracy in Hurricane Helene-ravaged North Carolina by rebuilding a highway at breakneck speed on their own terms – allowing residents to finally return home. Coal miners from West Virginia – whom locals have lovingly dubbed the “West Virginia Boys” – moved a mountain in just three …
India and China, two historically rival nations, are set to collaborate with Russia in establishing a nuclear power plant on the Moon. This development, reported by EurAsian Times and sourced from Russia’s state-owned news agency Tass, was announced by Alexey Likhachev, head of Rosatom, Russia’s state nuclear energy corporation. The initiative aligns with India’s plans …
LOS ANGELES — The VA must build more than 2,500 units of housing for homeless veterans on its sprawling campus in west Los Angeles, a federal judge ruled Friday. U.S. District Judge David O. Carter also said in his 124-page ruling that leases on portions of the Veterans Administration property to private schools, UCLA and …
The remnants of Danville’s past are something of a metaphor for the small city in Southern Virginia. Old brick factories dot the shores of the Dan River, several of them undergoing conversions into hip, new apartment complexes. Boutiques occupy what used to be mom-and-pops that once served the town’s blue-collar workforce. Coffee shops and cafés …
Social media giant Meta (aka Facebook) formally unveiled plans Tuesday for a massive $800 million, 715,000-square-foot Cheyenne data center. They say at the peak of construction it will generate more than 1,000 jobs. CHEYENNE — While Wyoming residents were going about their day-to-day lives in 2019, public officials and economic developers began working behind the …
Supply is starting to build, which is leading to the cooling in prices. Total active listings are now 35% higher than they were at this time a year ago, according to Realtor.com. To put that in perspective, however, even after the recent growth, inventory is still down more than 30% from typical pre-pandemic levels. “Some …
France will start building its first new-generation nuclear reactors before May 2027, according to local media outlets on Tuesday. The government plans to build at least six new “European Pressurized Reactors,” replacing current sites reaching the end of their lifespan by the end of 2030, French TV channel BFMTV reported. As part of efforts to …
Nividia stock price is Unsustainable. I’m sure Mr. Buffett is laughing! — Kerby Roberson (@KMACKROB) June 5, 2024 Nvidia vs Cisco How we looking ? pic.twitter.com/Pxi9XE5i4V — The Great Martis (@great_martis) June 5, 2024
President Joe Biden said he would help Africa “build back better” in a second term, if reelected, during an interview on Tuesday. A Time reporter asked Biden, “If you do win in November, Mr. President, with a mandate to continue your approach to foreign policy, what would your goals be in the second term?” Biden …
Families will today be urged to stockpile three days’ worth of food and water to help build national ‘resilience’. Deputy Prime Minister Oliver Dowden will advise people to make contingency plans for dealing with potential emergencies such as prolonged power cuts, cyber attacks and floods. Last year, Mr Dowden said people should stock up on …
New York City just cleaned up one of the largest markets of shoplifted goods in a long time, but as youll soon see the market is already rebuilding itself, leaving many residents and businesses wondering if it’s permanent…
As unredacted documents surface, revealing collusion between the Biden administration, National Archives, and DOJ to target Trump, questions arise about the politicization of justice and the integrity of transitions of power. Key points: Unredacted documents reveal collusion between the Biden administration, National Archives and Records Administration (NARA), and Department of Justice (DOJ) to build a …
Key points: The U.S. plans to build its first nuclear warhead in 40 years, the W93, without conducting nuclear testing. The W93 warhead, costing $19.8 billion, will be used on submarine-launched ballistic missiles and is scheduled for production in the mid-2030s. It aims to reduce reliance on existing warheads like the W76 and W88 and …
The Biden administration said Monday it plans to send up to $6.6 billion in federal grants to the Taiwan Semiconductor Manufacturing Company (TSM) as the chipmaking giant promises a $25 billion Arizona expansion that will bring a third TSMC fabrication plant to that state. The deal, the second major US chipmaking grant announcement of the …
It’s a vicious cycle of financialization, where real productivity takes a backseat to risky investments. This is not how a healthy economy operates. 10 years to build a single bridge. And some of you still think society is functioning? Let me explain to you what's really happening. Since the GFC in 2008, the world has …
By Martin Armstrong The video-sharing platform Rumble is set to launch a new cloud service, which they deem a service for the “free and open internet.” Global governments are increasingly cracking down on what videos may or may not be viewed by the public. Censorship is a major problem in every nation as our access …
President Joe Biden will announce in his State of the Union address that he’s directing the military to build a port on the Gaza coast to bring relief to the population there. His move comes as Democrats unhappy with his handling of humanitarian crisis caused by the Israeli-Hamas war have been voting ‘uncommitted’ in Democratic …
There are only 579 functional bomb shelters in Germany, so the plan reportedly sees citizens setting up their own shelters in places such as basements and garages. Bild quoted the head of the Federal Office of Civil Protection and Disaster Assistance, Ralph Tiesler, as saying that building new shelters is “no longer feasible” due to …
Hot tip: don’t have credit card debt h/t TonyLiberty
Samsung Electronics is planning to fully automate its semiconductor factories by 2030, with “smart sensors” set to control the manufacturing process, according to South Korean media reports. The world’s largest maker of memory chips aims to create an “artificial intelligence fab” that operates without human labor, the reports said. The ground-breaking project is reportedly already …
Elon Musk is famous for having big, outlandish ideas. But one of his biggest is to build his own city in Texas. According to reporting from the Wall Street Journal, Musk-owned entities have been buying up land — at least 3,500 acres of it — near Austin, Texas, and are in the process of trying to …
Clues that Israel is under pressure are surfacing. In San Francisco, Biden said the Israeli modus operandi in raiding the al-Shifa hospital in northern Gaza showed Israel had changed. He said: “It is a different story than I believe was occurring before, an indiscriminate bombing,” implying the US had demanded a different tactic. Western officials …
Dr Michele Paulatto, from Imperial College in London, told Sky News seismic activity is continuing on the Icelandic peninsula, causing almost ‘continuous’ earthquakes. He said: “The seismic activity is continuing, so there’s continuous earthquakes – they’re not very large at the moment, but they mean that the magma is still moving and that the system …
Kremlin spokesperson Dmitry Peskov told reporters on Monday that while he agrees on the need for a “new world order”, he does not believe the US should be at the helm. Any new system should be “free from the concentration of all mechanisms of world governance in the hands of one state”, he said. President …
by TonyLiberty Robots can now build houses faster than humans — Hadrian X can now lay 300 bricks an hour. Hadrian X is the first robot bricklayer that is capable of laying bricks at a speed and accuracy that is comparable to human bricklayers. This has the potential to revolutionize the construction industry by making …
via YAHOO: Morgan State University leaders have announced plans to build a wall around the campus after a shooting that injured five people, including four students, during homecoming week celebrations. Police, meanwhile, are calling on the public to help them identify two persons of interest in the case. David Wilson, the president of Morgan State …