(Bloomberg) — At the Federal Reserve, 2020 will be all about making the repo market boring again. Policy makers will find this easier said than done. The central bank’s liquidity injections — including almost half a trillion dollars earmarked to ensure New Year’s Eve is a snooze — and Treasury bill purchases have nudged the …
Continue reading “The Fed Is Entrenched in the Repo Market… The only escape is a CRASH!”
Dorm Housing, Communal TVs, Underground Tunnels Envisioned For ‘All-Inclusive’ $3 Billion, 300-Acre City For The Homeless LOS ANGELES (CBSLA) – A California crowdfunding effort is hoping to solve the U.S. homeless crisis by building a 300-acre city open exclusively to those without a home Daune Nason, founder of the Folsom-based Citizens Again, released details Thursday …
Continue reading “Boomerville is here They are getting ready fr YOU!”
The dam has broken: Some evangelical Christians are turning against Donald Trump in the immediate wake of his impeachment by the House of Representatives. This was bound to happen, as Trump is the least likely man in the known universe to support if you wish to take into account the example and teachings of Jesus. …
Continue reading “‘Christianity Today’ anti-Trump editorial is a sign of things to come”
Merry Christmas…… U.S. Steel Corp. plans to indefinitely idle “a significant portion” of its Great Lakes Works production facility in Ecorse and River Rouge and will issue layoff notices to 1,545 workers, the company said Thursday. The iron and steelmaking operations at the Zug Island plant will begin to go dark in April. No employees …
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Boris Johnson was rewarded for the Conservatives’ thumping general election victory with a majority of 124 for his Brexit deal in the House of Commons. Addressing MPs on Friday morning, the prime minister sought to draw a line under three years of bitter parliamentary conflict, urging his colleagues to “discard the old labels of leave …
Continue reading “Britain has taken a pivotal step towards leaving the European Union”
Palladium futures suffered Thursday from their sharpest daily dollar decline on record, losing nearly $112 an ounce for the session to mark a significant retreat from a recent string of record settlements tied to an expected surge in auto-industry demand. June palladium US:PAM9 tumbled $111.80, or 7.9%, to settle at $1,309.70 an ounce Thursday, the …
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(Reuters) – Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in the 1MDB Malaysian corruption scandal, according to a source familiar with the matter. The bank and U.S. officials have discussed a …
CALGARY (Bloomberg) – Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure. Crude-by-rail capacity in Alberta is expected to grow by 100,000 bpd in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday. Western Canadian rail loadings …
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This will be the eyes of the beast.he will make you a slave tied to artificial intelligence and quantum computing Washington (AFP) – Facial recognition systems can produce wildly inaccurate results, especially for non-whites, according to a US government study released Thursday that is likely to raise fresh doubts on deployment of the artificial intelligence …
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Moscow (CNN)Russian President Vladimir Putin said in his annual news conference Thursday that US President Donald Trump’s impeachment was based on “made-up reasons,” and expressed doubts that Trump will be removed from power. The House of Representatives voted almost exactly along party lines Wednesday to impeach Trump for abuse of power and obstruction of Congress. …
Continue reading “Vladimir Putin says Trump was impeached for ‘made-up reasons’”