A hub for independent voices and hard truths
A recent discovery has drawn attention to a deposit containing about 1,000 metric tons (1,100 US tons) of high-quality gold ore. If ultimately proven true, this massive find would make it the largest gold deposit on Earth The news has turned heads around the world, considering that such a find could …
This isn’t bullish as many claim. What’s happening is there’s limited demand for credit/leverage in China. Yet, b/c banks are sitting on liquidity, they are piling into Chinese bonds, which is driving rates on these bonds lower. While some are saying this is QE, THEY ARE WRONG. https://t.co/rIH1RNoXkP — Gordon …
Chinese hackers have breached dozens of telecommunications companies around the world. The breach, christened Salt Typhoon by Microsoft cybersecurity researchers, has afforded the cybercriminals unprecedented access not only to information on who has been texting or calling whom and when, but also on the contents of some messages, a much …
Nvidia shares were under pressure Monday after a Chinese regulator said it was investigating the chipmaker over possible violations to the country’s antimonopoly law. Shares slipped about 2% before the bell. The State Administration for Market Regulation opened an investigation into the chipmaker in relation to acquisition of Mellanox, the …
Plastic!! Snipped 1. Plastic Rice What It Is: Fake rice made from a combination of potato, sweet potato, and plastic resin. Why It’s Dangerous: Consuming plastic can lead to digestive issues and long-term health problems. 2. Pesticide-Laden Apples What It Is: Apples from China are often treated with excessive pesticides …
Erbai, a robot built by a Chinese start-up, was seen in August, in footage recently released, persuading other robots to flee from an exhibition hall and “go home”. The video of the incident went viral on social media. It shows the smaller AI-powered robot, Erbai, successfully persuading 12 other robots …
Beijing’s curbs follow latest US limits on Chinese chip sector Exports of gallium, germanium to US already stalled Antimony prices surge this year as China stifles exports Dec 3 (Reuters) – China on Tuesday banned exports to the United States of the critical minerals gallium, germanium and antimony that have …
heap Chinese electric vehicles are being blamed for the collapse of car manufacturer Nissan. The Japanese auto firm, which employs 7,000 people in the UK and 17,000 in the US, has embarked on a huge cost-cutting programme after suffering heavy losses. Nissan said last month it would axe 9,000 jobs …
TLDR: TD Bank faces a $3 billion fine for enabling $168M laundering by drug cartels. Systemic DEI culture undermined fraud monitoring and enforcement. Employees flagged suspicious $375K and $290K deposits; leadership ignored warnings. Executive tied to DEI leadership neglected reports detailing laundering activities. Bank prioritized diversity awards over essential responsibilities. …
After a weekend of disappointing macro data (which was characterized as “mixed”), China’s markets tanked. Not stocks, of course, instead more record lows in bonds plus a very sharp drop in CNY. As we know only too well, CNY DOWN = BAD and yuan is right back near multi-year lows. …
BREAKING: A-10 Warthogs of the U.S. Air Force have been flying strafing runs against the Iraqi Shia militia columns that entered Syria and were heading toward Damascus to link up with Assad’s forces and fight against Turkish-backed rebels. Very heavy casualties reported. pic.twitter.com/ouLwyHjKP2 — Visegrád 24 (@visegrad24) December 2, 2024 …
by Ethan Huff The political establishment is in an uproar over a recent telecommunications industry security breach that was supposedly caused by a hacking group tied to the Chinese Communist Party (CCP). Sen. Mark R. Warner (D-Va.), chair of the Senate Intelligence Committee, claims a hacking group called “Salt Typhoon” is responsible …
Now here are the latest facts and statistics about foreign owned Agricultural and in the US. I got to admit China’s land Holdings is obviously far superior and why everyone is worried about it right.? Oh wait look at that. h/t InDeathWeEvolve
Since the day Goldman upgraded China to BUY:$BABA down -28%Hang Seng index down -18%“BUY EVERYTHING!” Tepper in hiding Great job. Truly. Chef’s kiss. 👏 👏 👏 pic.twitter.com/hE8l1vMfHg — Wasteland Capital (@ecommerceshares) November 26, 2024 BREAKING 🚨: China Chinese ETFs on track for largest monthly outflow in history pic.twitter.com/zobT1JFGNi — Barchart …
Justin Trudeau calls Trump just two hours after president-elect threatens devastating sanctions against Canada, Mexico and China to stop border invasion. These actions, Trump said, would take place on the first day of his administration and noted that the tariffs on Mexican and Canadian imports would apply to ‘ALL products …
Cambodia’s government estimates the strategic, if contentious, infrastructure project will cost copy.7 billion, nearly 4% of Cambodia’s annual gross domestic product. But months later, China’s financial contribution remains in doubt. Four people directly involved in the investment plans or briefed about them told news Beijing has expressed misgivings about the …
China and Japan selling record amounts of Treasuries. Do they hate the dollar? Donald Trump? You and me? Not only will we answer the questions, while those countries saw huge selling of USTs, curiously the Cayman Islands got a truly massive deposit of them and it showed up during July, …
China has activated the world’s most advanced hypergravity machine, aiming to deepen scientific understanding. The system, featuring the largest hypergravity centrifuge, will be able to produce forces thousands of times stronger than Earth’s gravity. The Centrifugal Hypergravity and Interdisciplinary Experiment Facility (CHIEF) is located in Hangzhou, the capital of eastern …
i Jinping has put the fate of his country and regime in the hands of others, especially the next leader of the country he considers an enemy, the United States. Yes, China’s ruler, who many consider the world’s most powerful figure, is, in reality, helpless. How did that happen? In …
https://twitter.com/elly_bar/status/1856091059664891951 🚨🇨🇳35 DEAD AS DRIVER RAMS CROWD IN CHINESE CITY A 62-year-old driver struck a crowd of people exercising at a sports center in Zhuhai, southern China, killing 35 and injuring 43. Authorities detained the driver, identified only by his surname, Fan, as investigations continue.… pic.twitter.com/FRN1gAygk0 — Mario Nawfal (@MarioNawfal) …
China is “deeply concerned” about Trade War 2.0 as Donald Trump prepares for a return to the White House in January. Trump – who has promised to impose huge taxes on Chinese imports – will return to the presidency as a time of major upheaval in China. Beijing aims to …
The U.S. ordered Taiwan Semiconductor Manufacturing Co (TSM, 2330.TW)to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated …
Steve Madden’s CEO said the company will reduce the goods it imports from China by as much as 45% over the next year. On the campaign trail, President-elect Donald Trump said he would impose a 10% to 20% tariff on all imports, with tariffs as high as 60% to 100% …
AstraZeneca AZN-Q shares on Tuesday recorded their worst day since March 2020 after a report that dozens of the drugmaker’s senior executives in China could be implicated in the largest insurance fraud case in the country’s pharma sector in years. The Anglo-Swedish company, which has invested heavily in the world’s …
Banks in China are foreclosing on a growing number of apartments after homeowners could not pay their mortgages, as the country’s housing crash threatens the financial system. https://www.nytimes.com/2024/11/04/business/china-foreclosures-mortgages.html
TLDR: Intel CEO Pat Gelsinger’s comments have strained the company’s relationship with TSMC, resulting in the loss of a 40% discount on chip production. Gelsinger’s remarks about Taiwan’s instability and reliance on Taiwanese fabs offended TSMC, leading them to revoke the discount. * Based on the content by Anthony Garreffa …
US semiconductor giant Intel said it would expand its chip packaging and testing base in Chengdu, in a show of commitment to the mainland market despite a recent call by a Beijing-backed cybersecurity group to review the company’s products. In addition to enlarging packaging and testing capacity for server chips, the facility …
Major global airlines are reducing services and, in some instances, withdrawing from China altogether as longer routes to Asia following the closure of Russian airspace have raised operational costs, while demand has been low. Virgin Atlantic and Scandinavian Airlines, for instance, are completely withdrawing from China, the companies’ websites show. …
Yi Tingyue has a lot going for her. She won a scholarship to China’s prestigious Sichuan University, where she graduated with a master’s in graphic design. She drives an Audi A4 and owns a penthouse apartment on the outskirts of provincial capital Chengdu. Vacations are spent touring Japan, Thailand and …
India and China are implementing a landmark border agreement to resolve the prolonged military standoff at their disputed Himalayan boundary. This breakthrough, the most significant since the violent clashes in 2020, is marked by troop withdrawals at key conflict points, Depsang and Demchok, as confirmed by an Indian government source. …