Facebook Moves To Censor Internal Debate As More Employees Quit In Protest Tyler Durden Thu, 09/17/2020 – 16:20 After a handful of employees quit so they could speak out about Facebook’s insufficient internal ‘woke’-ness, Facebook CEO Mark Zuckerberg has finally decided how he’s going to handle what has been described as an internal rebellion. The…
“Sell All The Things!” – Tech Wrecked, Dollar Dumped, & SNOW Flaked
“Sell All The Things!” – Tech Wrecked, Dollar Dumped, & SNOW Flaked Tyler Durden Thu, 09/17/2020 – 16:00 Since Powell dropped his statement yesterday – explaining what The Fed hopes will happen but not how it will make it happen – investors have switched into sell-all-the-things mode with the dollar, stocks, bonds, and gold all…
EU must not ‘fall into trap’ of ending trade talks with Britain but no deal is better than bad deal – top French negotiator
France’s top negotiator said that, despite the tense situation, the EU should not be provoked into ending trade talks with the UK early. He also urged Britain to drop the “madman’s strategy” in negotiations. Asked in parliament if the EU should stop the talks with London, France’s Secretary of State for European Affairs Clement Beaune…
Banksy loses legal battle, puts his EU trademark at risk – all because of his anonymity
The renowned street artist can not keep intellectual property rights on his work as he could not be “unquestionably” recognized as its sole owner due to his complete anonymity, a European intellectual property authority has ruled. Banksy has lost his case against a greeting card company, Full Colour Black, which sought to use an image…
Countries need consistent messaging for public, not ‘Covid-19 political football,’ WHO says after Trump remarks
Commenting on contradictory remarks by the US president and health officials, the World Health Organization’s top emergency expert, Mike Ryan, said it is important for all states to have “consistent messaging” for their public. The director of the US Centers for Disease Control and Prevention, Robert Redfield, in testimony to a congressional committee, said that…
Foreigners Dump Record $54BN In Corporate Debt As Japan Treasury Holdings Surge To All Time High
Foreigners Dump Record $54BN In Corporate Debt As Japan Treasury Holdings Surge To All Time High Tyler Durden Wed, 09/16/2020 – 16:36 Foreigners resumed selling long-term US Treasuries in July, offloading $22.8 billion (after buying $28.9BN in June), in yet another spending spree led by foreign official institutions, i.e. central banks, SWFs and reserve managers,…
US COVID Herd Immunity Calculated At 12% Of The Population
US COVID Herd Immunity Calculated At 12% Of The Population Tyler Durden Wed, 09/16/2020 – 16:20 When discussing long-term solutions to pandemic, which is clearly not going to go away on its own while about half the population may refuse to be vaccinated, epidemiologists argue that if 60% or more of the population gains immunity…
Not So Fast: TikTok-Oracle Deal “Falls Short Of Resolving Concerns”, CFIUS Approval Suddenly In Doubt
Not So Fast: TikTok-Oracle Deal “Falls Short Of Resolving Concerns”, CFIUS Approval Suddenly In Doubt Tyler Durden Wed, 09/16/2020 – 16:05 Hours after former presidential candidate Marco Rubio came out against the new TikTok-Oracle deal, which would spin off TikTok into a US-headquartered independent company majority owned by ByteDance, with Oracle holding a major stake…
‘No place in our Union’: EU chief bashes Polish ‘LGBT-free zones’ & promotes supportive strategy
European Commission President Ursula von der Leyen has attacked the Polish government for condoning the establishment of ‘LGBT ideology-free zones,’ and announced impending countermeasures. “LGBTQI-free zones are humanity free zones,” Von der Leyen said on Wednesday while addressing the European Parliament. And they have no place in our [European] Union. The chief executive added that…
Turkish police detain 106 active & former soldiers over suspected links to Gulen movement – local media
Over 100 active & former soldiers were detained in counterterrorism raids in Turkey, local media say. The arrests were made in connection with self-exiled preacher Fethullah Gulen, who Ankara says was behind the 2016 coup attempt. Authorities issued arrest warrants for 132 people, 106 of which were detained by counterterrorism units, Turkish news outlets reported,…
Cyprus ready for dialogue with Turkey on Mediterranean issues, but ‘not under threats’
Dialogue with Ankara is still possible to de-escalate tensions in the Eastern Mediterranean, the Cypriot president said on Wednesday. However, he again accused Turkey of provocations. Cyprus is ready to engage in dialogue with Turkey to resolve differences but not under threats, President Nicos Anastasiades said on Wednesday, after a meeting with EU Council President…
WTI Extends Gains After Huge Crude Draw
WTI Extends Gains After Huge Crude Draw Tyler Durden Tue, 09/15/2020 – 16:34 Oil prices rallied to one-week highs after China economic data provided some hope for a rebound in demand, which outweighed any anxiety caused by the EIA who warned the market outlook has grown “even more fragile” with a resurgence of the pandemic. Despite…
Isn’t It Obvious We Need A New System?
Isn’t It Obvious We Need A New System? Tyler Durden Tue, 09/15/2020 – 16:20 Authored by Charles Hugh Smith via OfTwoMinds blog, Why do we tolerate such a corrupt, undemocratic, exploitive, elite-dominated system? Because we have no other choice? No, we do have a choice. Isn’t it obvious that we need an alternative economic system…
Kim ‘Krashdashian’ Breaks The Market Despite SPACs, Snowflake, & Soaring Zombies
Kim ‘Krashdashian’ Breaks The Market Despite SPACs, Snowflake, & Soaring Zombies Tyler Durden Tue, 09/15/2020 – 16:00 Buffett barreling into Snowflake’s IPO, yet more SPACs, WTO Ruling against US (in favor of China), a snooze-fest Apple event with no iPhones, a continuing collapse in Exxon, Kim ‘Krashdashian’ ‘freezing’ her Facebook/Instagram account, and the rise of…
Iran warns US against making ‘strategic mistake’ after Trump’s new threat
Tehran has said the United States may make a “strategic mistake” after President Donald Trump threatened Iran over reports it planned to avenge the killing of its top general, Qasem Soleimani. “We hope that they do not make a new strategic mistake. Certainly in the case of any strategic mistake, they will witness Iran’s decisive…
Beijing denies reports of Chinese troops laying cables at border with India
The Foreign Ministry in Beijing on Tuesday denied media reports that Chinese troops are laying fiber-optic cables at a point of contention on the border with India. The two countries will remain in communication through diplomatic and military channels, ministry spokesman Wang Wenbin told reporters. Indian officials said on Monday that Chinese troops were laying…
US army helicopter makes ‘emergency landing’ in northern Syria, crew evacuated – coalition spokesperson
An American military helicopter has made an emergency landing in Syria, the US-led coalition has said. The statement followed a reports by Syrian media that the US chopper had crashed. The helicopter landed safely in northern Syria and all of its crew was “recovered,” Operation Inherent Resolve spokesperson Colonel Wayne Marotto said. Marotto also stated…
Netflix Backlash: Fury Over “Cuties” Sparks #CancelNetflix Movement
Netflix Backlash: Fury Over “Cuties” Sparks #CancelNetflix Movement Tyler Durden Mon, 09/14/2020 – 16:40 Netflix’s decision to carry a controversial French film hypersexualizing young girls has prompted a mass exodus – with some 600,000 subscribers vowing to cancel the service over the movie, according to Bloomberg. The film, Cuties, was picked up by Netflix after…
Small Caps, Big-Tech, & Bullion Bounce As Dollar Dives
Small Caps, Big-Tech, & Bullion Bounce As Dollar Dives Tyler Durden Mon, 09/14/2020 – 16:03 The ‘Rick Astley’ market is back… “Never gonna let you down”… Another day, another short-squeeze (“most shorted” stocks rose 3% on the day, erasing the losses from Thursday and Friday)… Source: Bloomberg Which explains why Small Caps outperformed so handsomely.…
Spain plans to extend furlough scheme into 2021 to guarantee workers part of their income
The Spanish government is considering extending the nationwide ERTE furlough scheme into 2021, Labor Minister Yolanda Diaz said on Monday. “The date is open, but likely [December 31] would not be the most adequate, and we have to extend a little beyond,” Diaz told a Spanish state TV station. She noted that the extension might…
Video of man named ‘Ali’ sucker-punching Swedish woman prompts calls for vigilante groups to hunt down perpetrator
Video of a violent and unprovoked attack by a man on a woman in Malmo, while his accomplice howls with laughter in the background, has caused outrage in Sweden. The video purports to show a 20-year-old man, named in the Swedish media as ‘Ali’, striking an unsuspecting woman as she walks past. Warning: This footage…
Ankara doesn’t expect EU sanctions over dispute with Greece in eastern Mediterranean – FM
Turkish Foreign Minister Mevlut Cavusoglu said on Monday that the European Union is unlikely to impose sanctions on Ankara over its territorial claims in the eastern Mediterranean Sea. The EU has made it clear it fully supports its member states Greece and Cyprus in the dispute with Turkey. Officials in Brussels have warned they are…
