Monday , 20 May 2019

Finance

Washington Heats Up Its Cold War In The Arctic

Authored by Brian Cloughley via The Strategic Culture Foundation, US Secretary of State Pompeo continues to travel the world, creating alarm, resentment and irritation almost everywhere. He maintained his lamentable reputation for crass rudeness by cancelling a meeting with Germany’s Chancellor Merkel on May 8 in order to go to Iraq, apparently to try to justify Washington’s despatch of nuclear-capable B-52H bombers ... Read More »

Mortality Algorithm Can Predict Heart Attack, Death With 90% Accuracy

An algorithm which can predict whether a person will have a heart attack or die with 90% accuracy has been developed by researchers at Finland’s Turku PET Centre.  Utilizing similar machine learning functions as those employed by Netflix and Spotify to personalize content, a team led by Dr. Luis Eduardo Juarez-Orozco programmed the LogitBoost algorithm to use 85 variables to calculate the ... Read More »

62% Of Millennials Are Living Paycheck To Paycheck, Says Study

Almost two-thirds of Millennials are living paycheck to paycheck, and only 38% feel financially secure, according to Charles Schwab’s 2019 Modern Wealth Index Survey. According to the survey, Millennials (ages 23 to 38) seem troubled when it comes to their financial well being. The study examined the finances of 1,000 Americans from different generations, but for our sake, we’re only ... Read More »

Drivers Beware: The Deadly Perils Of Traffic Stops In The American Police State

Authored by John Whitehead via The Rutherford Institute, “The Fourth Amendment was designed to stand between us and arbitrary governmental authority. For all practical purposes, that shield has been shattered, leaving our liberty and personal integrity subject to the whim of every cop on the beat, trooper on the highway and jail official. The framers would be appalled. – Herman Schwartz, The Nation ... Read More »

US Press Reaches All-Time Low On Venezuela Coverage

Authored by Daniel Kovalik via Counterpunch.org, As famed Latin American author Eduardo Galeano once wrote, “every time the US ‘saves’ a country, it converts it into either an insane asylum or a cemetery.” Of course, as we look over the wreckage left by the US in countries such as Iraq, Afghanistan, Libya, Somalia, Syria, El Salvador, Guatemala and Honduras, we ... Read More »

Armed Patriots Vow Continued Patrols As Monthly Border Crossings Reach 100,000

Authored by Victor Skinner via TheAmericanMirror.com, An armed group of citizen patriots patrolling the U.S.-Mexico border in New Mexico have vowed to continue operations to assist Border Patrol despite an eviction from their previous camp. Jim Benvie, spokesman for the newly formed Guardian Patriots, told the Las Cruces Sun News numerous “volunteer patriots” continue to patrol sections of the New Mexico border ... Read More »

China ‘Green Shoots’ Are Dead – Retail Sales, Industrial Production, & FAI Slump

And there goes another ‘narrative’… On the back of one better than expected soft survey PMI print, the world became convinced that as green shoots emerged, China was about to be reborn into magnificent credit-fuelled expansion and would save the world. Tonight, that narrative died – everything missed expectations: Retail sales rose just 7.2% (against +8.7% in March) – lowest ... Read More »

Fund Manager Who Stole $500 Million Released After Serving Just 5 Years Of 20 Year Sentence

Stephen Walsh, who swindled more than $500 million from his investors, has been released from federal prison after serving only a little more than 5 years of his 20 year sentence. According to Bloomberg, the former WG Trading Co. money manager was charged in 2009 alongside the company’s former general partner, Paul Greenwood. The men used their commodities-trading and investment-advisory ... Read More »

Fighting Communism With ‘Yen Shun’: “Evil Cult” Or Meditation Group?

Authored by Jan van der Made via RFI, Who hasn’t seen the ads for Shen Yun? The show promises “the rebirth of 5,000 years of Chinese civilisation”. But what’s really behind this multimillion-dollar spectacular? Five angry bullies in green uniforms jump around a girl who is lying in a prison cell. On their backs they wear the hammer and sickle ... Read More »

Home-Flipping Millennials Are Losing Their Shirts Amid Regional Housing Slowdown

Inspired by home-flipping reality shows and a thriving culture of newfound ‘experts’ in late state bubbles, young real estate investors in the Bay Area and Seattle are getting hammered amid a slowing housing market combined with payments on high-interest “hard money” loans, according to Bloomberg.  One such young investor, aerospace engineer Sean Pan, got into property investing after reading Robert Kiyosaki’s financial advice book Rich Dad, Poor ... Read More »