March 10, 2022 11:00 am

What’s Behind The PBOC’s 1 Trillion Yuan Transfer

What’s Behind The PBOC’s 1 Trillion Yuan Transfer

By Ye Xie, Bloomberg Markets Live reporter and analyst

The People’s Bank of China disclosed that it will transfer more than 1 trillion yuan ($158 billion) in profits to the government to h…

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March 10, 2022 10:39 am

Chinese Tycoon Who Faces $8 Billion In Margin Calls Tells Bank He Wants To Keep Shorting Nickel

Chinese Tycoon Who Faces $8 Billion In Margin Calls Tells Bank He Wants To Keep Shorting Nickel

Update (1400ET): In what appears to be LME’s latest attempt to ‘manage’ Xiang’s outsize position risk, the exchange is ‘changing the rules’ (on…

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March 10, 2022 10:27 am

Stellar 30Y Auction Sees Foreign Demand Surge To 2nd Highest On Record

Stellar 30Y Auction Sees Foreign Demand Surge To 2nd Highest On Record

After two soggy coupon auctions earlier this week, which saw both the 3Y and 10Y sales tail modestly with subpar internals, moments ago the US Treasury sold $20BN in a …

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March 10, 2022 10:22 am

Biden Admin Bans Unvaccinated Tennis Ace Djokovic From Competing

Biden Admin Bans Unvaccinated Tennis Ace Djokovic From Competing

Authored by Steve Watson via Summit News,

Tennis star Novak Djokovic has been denied entry into the U.S. by the Biden administration because he remains unvaccinated against …

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March 10, 2022 10:00 am

US Official Claims Up To 6,000 Russian Troops Killed In Two Weeks Of Fighting

US Official Claims Up To 6,000 Russian Troops Killed In Two Weeks Of Fighting

A US official was cited in CBS News on Wednesday as saying that up to 6,000 Russian troops have been killed so far, after two weeks of the Russian invasion of Uk…

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March 10, 2022 9:39 am

US State Department Denies Russian Allegations Of Biological Weapons In Ukraine

US State Department Denies Russian Allegations Of Biological Weapons In Ukraine

Authored by Jack Phillips via The Epoch Times (emphasis ours),

The U.S. State Department denied allegations pushed by Russian officials this week that the U.S…

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March 10, 2022 9:22 am

Goldman Becomes First Major Bank To Abandon Russia

Goldman Becomes First Major Bank To Abandon Russia

Earlier this month, Goldman Sachs began moving some of its Moscow-based employees to Dubai, following requests by some to be relocated; but now, the bank has become the first Wall Street f…

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March 10, 2022 9:00 am

Proud Boys Leader Enrique Tarrio Charged With Conspiracy In Jan. 6 Capitol Breach

Proud Boys Leader Enrique Tarrio Charged With Conspiracy In Jan. 6 Capitol Breach

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

The leader of the Proud Boys group was indicted on March 8 on charges including conspiracy …

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March 10, 2022 8:40 am

Awkward VP Harris Is In Poland Trying To Smooth Over The MiG Jets For Ukraine Mess

Awkward VP Harris Is In Poland Trying To Smooth Over The MiG Jets For Ukraine Mess

Following the bizarre MiG fighter jets back-and-forth and dust-up between Poland and the US, Vice President Kamala Harris is in Warsaw attempting to clean u…

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March 10, 2022 8:37 am

US Consumer Prices Are Rising At Their Fastest Pace In Over 40 Years

US Consumer Prices Are Rising At Their Fastest Pace In Over 40 Years

With the Biden administration already setting the narrative yesterday that today’s inflation print could be ‘high’, and expectations for a headline print of +7.9% YoY (fr…

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March 10, 2022 8:20 am

High Gas Prices And Recessions

High Gas Prices And Recessions

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

While higher gas prices may be welcome news to the oil industry, the rest of us should be concerned as it is a glaring recession warning. Over the l…

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March 10, 2022 8:00 am

Russia To Ban Fertilizer Exports To ‘Not Friendly’ Countries; China Warns US Against Retaliation

Russia To Ban Fertilizer Exports To ‘Not Friendly’ Countries; China Warns US Against Retaliation

Russia’s war on Ukraine is continuing to boost food prices. While the US and European countries are engaged in economic warfare against Moscow…

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March 10, 2022 7:40 am

Rabobank: Imagine How Many People Won’t Want To Be Part Of A Digital Dollar System Now

Rabobank: Imagine How Many People Won’t Want To Be Part Of A Digital Dollar System Now

By Michael Every of Rabobank

“You get the biggest rallies in bear markets” as they say, and Tuesday saw a phenomenal risk rally to lift global stocks (…

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March 10, 2022 7:22 am

Putin Tells West “Don’t Blame Me” For Soaring Energy Prices, Releases Banned Exports Partial List

Putin Tells West “Don’t Blame Me” For Soaring Energy Prices, Releases Banned Exports Partial List

Update(18:42ET): On Thursday Russia released its list of exports that are banned as retaliation against Western sanctions. “These measures ar…

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