Independent thinking for complex markets and current events
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
General Motors will cease production of its iconic Chevrolet Malibu sedan. The move comes as the Detroit-based automaker plans to revamp the Kansas facility where it makes the Malibu so that it can produce the upcoming electric Chevrolet Bolt model there. The Malibu is the last remaining Chevrolet car offered in the U.S. besides the …
The crux of the breakthrough is a magnet, but not just any magnet. The scientists created a new type of magnet that broke the world record for magnetic field strength, according to MIT News. Made from a high-temperature superconducting material, the magnet has a strength of 20 tesla. (For reference, a common refrigerator magnet is …
by confoundedinterest17 Watch KJP launch into song about March’s Industrial Production report. “The economy is going loop-de-loop.” In actuality, it rose by zero. US Industrial Production rose 0.4% MoM in March – as expected – which was… wait for it… the same rise as in February after that data was revised notably higher. However, even with the …
Simply put, China’s economic recovery has been unbalanced. As Bloomberg reports, manufacturing is holding up, thanks to resilient overseas demand and Beijing’s efforts to cushion the blow from US trade restrictions by developing advanced technologies at home. But Chinese consumers have been slow to recover their appetite for spending, amid a prolonged real estate downturn …
When gold production is strong, it suggests confidence in gold’s value and the stability of the monetary system. The company, Fortuna, reported strong gold production in the first quarter of 2024. If the production numbers remain high and the price of gold continues to rise (approaching $2,500 per ounce), Fortuna could make over $150 million …
via oilprice The OPEC+ group is set to continue with its production cuts until at least the end of the first half of 2024 as the alliance’s Joint Ministerial Monitoring Committee (JMMC) did not recommend any changes to output policy at its meeting on Wednesday. The JMMC is the OPEC+ panel that monitors the situation …
NEW – Largest US fresh egg producer halts production at Texas plant after bird flu found in chickens; about 1.6 million laying hens and 337,000 pullets were culled — NBCDFW — Disclose.tv (@disclosetv) April 2, 2024 The largest producer of fresh eggs in the U.S. said Tuesday it had temporarily halted production at a Texas …
The Davos Annual meeting was Jan 15th-19th of this year… Jojo Mehta tells a panel at the WEF's annual Davos meeting why farming, fishing and energy production should be considered "ecocide"—which her organisation is aiming to have "recognised legally as a serious crime", akin to genocide pic.twitter.com/XlVeE7u6cS — illuminatibot (@iluminatibot) March 21, 2024 You are …
BRUSSELS (Reuters) – The European Commission will propose on Tuesday ways for the European Union to boost its arms industry so it can shift to “war economy mode” in response to Russia’s invasion of Ukraine. Thierry Breton, the European industry commissioner, will lay out proposals to encourage EU countries to buy more weapons together from …
Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage lines nearby, cutting power to the US electric carmaker’s only plant in Europe, the company and authorities said.https://t.co/WCEN5sYCD9 — Insider Paper (@TheInsiderPaper) March 5, 2024 Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage …
Remote control health robots, in China? Sounds like a Skynet/Rhona hybrid. Chinese President Xi has called for the mass production of humanoids by 2025. https://t.co/Bq1uQsZsfu pic.twitter.com/XdnhHSYX9s — 60 Minutes (@60Minutes) February 26, 2024 https://www.youtube.com/watch?v=ralK7GHi7w4 AC
Production problems with a computing unit manufactured by tech giant Huawei have forced certain Chinese automakers to postpone the delivery of flagship models, according to five people with knowledge of the situation. According to two of the persons, Changan Auto and Chery Auto, which have collaborated with Huawei to create their high-end electric vehicle brands, …
by Chris Black The incredible part is that there is no plan to fix any of this. The German government has effectively said “this is just going to keep getting worse and worse.” It’s a complete deindustrialization project, the explanation being that the leaders of Germany don’t like the leaders of Russia. Remix: Steel production …
by confoundedinterest17 Al Gore, former Clinton VP and Senator from Tennessee, has made millions of dollars from his hysterical film about global warning called “An Inconvenient Truth.” For that, Gore (undeservedly) won a Nobel Prize. Then again, Obama won a Nobel Prize for Peace then proceeded bombing people. You can’t make this stuff up. Well, …
Getting inflation to 2% has proven to be much harder than getting inflation from 9% to 4%. Supply chain issues and rising commodity prices have a lot to do with it. The Fed and ECB's job is still far from over. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter …
by lol79 The things that are recently happening im Germany are with no doubts historic. It would sureli take hours and a book to writedown and explain all the connections. But in one short sentence, the Germans have been fucked over decades, and now they have had enough. Since the German farmers began protesting last …
We’re another step closer to reducing the need for round-the-clock insulin injections to manage diabetes after a new study showed how insulin-producing cells could be regenerated in the pancreas. The breakthrough was made by getting pancreatic ductal progenitor cells – that give rise to the tissues lining the pancreas’s ducts – to develop to mimic the function …
The end of a business model in one chart:#Germany industrial production. pic.twitter.com/duF0JSSMIs — jeroen blokland (@jsblokland) January 1, 2024 https://twitter.com/sergejcodes/status/1741799846988628171
A fire caused by lithium-ion batteries shut down GM’s Factory Zero in Detroit Tuesday. Heavy smoke spread through the 4.5 million square-foot plant causing firefighters to call for additional alarms, WDIV reported. https://www.firehouse.com/operations-training/video/53081055/lithium-ion-battery-fire-halts-production-at-detroit-gm-plant h/t Coastie Patriot
As oil prices face their fifth consecutive weekly loss, a trend not seen since December 2021, the market reacts with nearly a 5% decline attributed to OPEC’s decision to delay their meeting. The reported cause, “production disagreements,” marks a notable crack in OPEC’s unity, the first sign of such strain since the pandemic began. Oil …
https://www.youtube.com/watch?v=9mV36_Fqlkc Being a carnivore has never been so expensive. According to the USDA, beef prices soared to another record high this week, and are expected to face a 100% increase next month compared to the same period a year ago. Steaks will likely be out of the dinner table of many Americans in the coming …
BRICS gains increased significance in the global commodities landscape as they collectively contribute to 42% of global oil production, 68% of global coal production, and 38% of global natural gas production. In 2024, BRICS (Brazil, Russia, India, China, South Africa) is going to be joined by 6 nations, namely: 1. Iran2. Saudi Arabia3. UAE4. Egypt5. …
Italy on Thursday banned the production and sale of cultivated meat, citing health concerns and a need to safeguard its livestock industry, even if its sale is not yet allowed in the European Union. With the law, Italy became the first EU country to ban so-called cultivated meat, which is grown from animal tissue cells …
Manufacturing of certain military hardware has grown by a factor of 60 over the past year, state arms group Rostec revealed ussia has greatly boosted production of military hardware over the past year, having multiplied by seven the number of tanks it manufactures, Sergey Chemezov, the CEO of defense conglomerate Rostec, said on Wednesday. Speaking …
General Motors will be slowing its electric car (EV) production in North America due to lower-than-forecast demand, pushing its manufacturing targets well into 2025. The decision saves the company $1.5 billion next year, CFO Paul Jacobson said today on GM’s quarterly earnings call. The automaker had previously planned to sell 400,000 EVs in North America …
BERLIN — Facing war on two fronts — in Ukraine and in the Middle East — Kyiv is calling on Western democracies to ramp up investment in weapons, saying that arms factory output worldwide is falling miles short of what is needed. In an interview, Ukraine’s Minister for Strategic Industries Oleksandr Kamyshin told POLITICO Western …
China is surging NUCLEAR weapons production, will DOUBLE its arsenal to 1,000 warheads by 2030, and is exploring new intercontinental ballistic missile system to threaten U.S., Pentagon warns China already has more than 500 nuclear weapons That is more than U.S. officials previously thought military intelligence 2 words combined that cant make sense Beijing slammed …
350,000 VW EVs built and stashed in fields. Bleeding Billions in Red Ink. 192 Billion US Dollars in Debt. https://www.bloomberg.com/news/articles/2023-09-26/volkswagen-cuts-ev-production-at-german-sites-as-demand-craters China’s abandoned EVS. Looks at the waste. https://www.bloomberg.com/features/2023-china-ev-graveyards/ “produced by Changan, Zhejiang Geely Holding Group Co. and Dongfeng Motor Group Co., Nissan Motor Co.’s joint-venture partner in China” “car-sharing service called Panda, backed by Chongqing …
