George Soros Is Funding Pro-Abortion Activism in the Ukraine
George Soros Is Funding Pro-Abortion Activism in the Ukraine
by Guillaume De Thieulloy (IFAM News)
George Soros Is Funding Pro-Abortion Activism in the Ukraine
Uncategorized
Russia Is Going to Be an Investment Safe-Haven in an Inflationary Post-COVID World
Russia Is Going to Be an Investment Safe-Haven in an Inflationary Post-COVID World
by Tom Luongo (Gold Goats 'n Guns)
Russia is going to be a destination for safe-haven flows in the post-COVID-19 world. It will be due to its vast savings, prudent fiscal policy and maneuver room available in monetary policy.
Russia Is Going to Be an Investment Safe-Haven in an Inflationary Post-COVID World
Spain's Covid-19 death toll SPIKES again as 769 die in new single day record
Spain's Covid-19 death toll SPIKES again as 769 die in new single day record
Spain’s health ministry has announced that it has suffered another record breaking day for Covid-19 deaths as 769 people fell victim to the disease in one day.
Health officials revealed on Friday morning that the number of fatalities jumped to 4,858, while the number of confirmed infections in the country has risen from 56,188 to 64,059.
The rate of infection has seemingly slowed, however, with the 7,871 jump in new cases making a 14 percent increase on the previous day. That compares favorably to the 18 percent increase announced on Thursday and Wednesday’s 20 percent surge.
Worryingly, however, the mortality rate in Spain remains stubbornly high at roughly 7.5 percent.
O...
Sinking global economy & cheap crude take big bite out of Russia’s forex reserves
Sinking global economy & cheap crude take big bite out of Russia’s forex reserves
Russian gold and foreign currency holdings have shed almost $30 billion or more than five percent in one week in the biggest drop since the global financial crisis amid the coronavirus pandemic and crashing oil prices.
According to the latest data released by the country’s central bank, the reserves stood at $551.2 billion as of March 20, down from $581 billion a week earlier. The regulator explained the decline with negative revaluation.
The nation’s forex holdings faced almost a similar drop in October 2008, when the reserves shrank by $30.6 billion to $487 billion. Another steep decline occurred in the beginning of 2009, as $30.3 billion vanished from Russia’s ...
Orban imposes 2-week lockdown, expects coronavirus peak in Hungary by July
Orban imposes 2-week lockdown, expects coronavirus peak in Hungary by July
Hungary is imposing a two-week lockdown to slow the spread of the coronavirus epidemic. It is expected to peak in the country in June or July, Prime Minister Viktor Orban said on Friday.
Citizens will be allowed to go to work, shop and take limited exercise outside during the lockdown, which starts on Saturday. However, they should keep distance from each other, Orban said on public radio. Restrictions would be enforced by police, he added.
Hungary has recorded around 300 coronavirus cases and 10 deaths, Reuters reported. Orban has said the actual number of cases is probably much higher. “Restrictions put in place so far have been efficient,” the PM said. “Hungarians reduced the magnitude of social con...
Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You
Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You
by Nassim Taleb (Incerto) The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations. While we clearly insist that these companies must be saved, there may be ethical, economic, and structural problems associated with the details of the execution. As a matter of fact, if you study the history of bailouts, there will be.
Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You
Indonesian volcano Mount Merapi spews massive ash in 2nd major eruption this month
Indonesian volcano Mount Merapi spews massive ash in 2nd major eruption this month
Indonesia’s most active volcano Mount Merapi erupted Friday, shooting a column of ash some 5,000 meters (16,000 feet) into the air in its second major eruption this month. Ash and sand covered areas several kilometers away from the peak of the rumbling crater near Indonesia’s cultural capital Yogyakarta.
Authorities did not raise Merapi’s alert level. “There has been no reports of damage from the eruption. We urge people to stay calm and not panic,” national disaster mitigation agency spokesman Agus Wibowo said.
Merapi erupted earlier this month, shooting a massive ash cloud some 6,000 meters in the air. That eruption coated Yogyakarta and neighboring city Solo with gray dust and forced an airport...
Vietnam aims to keep number of Covid-19 cases under 1,000 – govt
Vietnam aims to keep number of Covid-19 cases under 1,000 – govt
Vietnam is aiming to keep the number of coronavirus cases in the country under 1,000, the government said. The statement came as the number of confirmed cases in the Southeast Asian country passed 150 on Friday.
“We have been able to contain epicenters, and even potential epicenters… and we are determined to keep the number of COVID-19 cases from reaching 1,000,” Deputy Prime Minister Vu Duc Dam said.
Vietnam will limit domestic flights and stop public gatherings for two weeks from Saturday in an effort to curb the spread of the coronavirus.
Hanoi has moved to bar entry to all foreigners, suspend international flights and put tens of thousands of people under quarantine, Reuters said.
Vietnam aims to kee...
Washington cancels major Philippines maneuvers
Washington cancels major Philippines maneuvers
The US military has canceled a large-scale exercise involving thousands of troops in the Philippines because of the coronavirus pandemic.
The decision to scrap Balikatan 2020 was taken “in light of the extraordinary circumstances surrounding the Covid-19 pandemic and in the best interest of the health and safety of both countries’ forces,” AFP quoted US Indo-Pacific Command chief Admiral Phil Davidson as saying.
The war games, scheduled for May 4-15, would have involved more than 10,000 troops from the two long standing allies and a smaller contingent from Australia.
The US troops who take part in Balikatan, or ‘Shoulder to Shoulder’ in Tagalog, usually come from bases in Japan and South Korea, which have reported coronavirus cases....
Israel to deploy army to help enforce Covid-19 lockdown
Israel to deploy army to help enforce Covid-19 lockdown
Israel will deploy its army to help police enforce the coronavirus lockdown in the country, as people are told to stay at home and businesses are closed down.
A partial lockdown that was already in place was made even stricter earlier this week, with people being required to stay within 100 meters of their homes and to stay at home as much as possible, with the threat of fines or prosecution for violating the rules.
In line with many other countries, gatherings have also been banned and schools shut down.
Now the army will come in to help enforce the rules.
We are preparing to allocate 500 soldiers to assist in limiting the spread of #COVID19, as requested by @israelpolice & ap...