Elon Musk, the tech billionaire who fell out of favor in the mainstream media after coming out in support of free speech, has faced increased scrutiny from governments and believes he could be targeted for assassination.
ECONOMIC UPDATE – MARKET OVERVIEW
Near the close of U.S. equity markets yesterday, CNBC wrote, “Stocks fell Monday on fears the Federal Reserve may continue tightening until it steers the economy into recession.”
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. This is week 20.
TOP TREND, GOING OVER THE DRIVERLESS CLIFF: INVESTORS PUT THE BRAKES ON FUNDING FOR SELF-DRIVING CARS
For years, developers have been pushing back their time frames for bringing self-driving cars to the market. Most recently, automakers have again scaled back their plans and timetables as the global economy darkens.
THIS WEEK IN SURVEILLANCE
“All your Coinbase info are now belong to US!” Yes, to paraphrase an old internet meme, U.S. Intelligence agencies, spearheaded by Homeland Security, have just purchased data analytics from the San Francisco based Coinbase crypto exchange.
COVID-19 LOCKDOWNS LEFT CHILDREN BRAIN DAMAGED, NEW STUDY SUGGESTS
As we have extensively detailed over the past two-and-a-half years, the COVID War has destroyed the lives and livelihoods—mentally, physically, financially—of billions of people across the planet.
RUSSIA AIR BASES BOMBED, GET READY FOR RAMPED-UP UKRAINE WAR
Two Russian air bases were attacked Monday by Ukrainian drones resulting in Russian troop casualties and damage to at least two aircraft, according to the Kremlin.
SPOTLIGHT: BIGS GET BIGGER
As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.
SPOTLIGHT: CHINA STRUGGLES TO RIGHT ITS ECONOMY
China’s economic activity in construction, manufacturing, and services slowed more than expected in November, hobbled by continuing, widespread anti-COVID lockdowns, an unresolved financial crisis in the real estate sector, and fewer orders for the country’s factory output.
EUROZONE INFLATION TICKS DOWN IN NOVEMBER
In November, inflation across the 19-country Eurozone fell for the first time in 17 months, dropping to 10 percent from a record 10.7 percent in October as prices for energy and services slowed their rate of increase.
ISRAEL AND U.S. RAMP UP MILITARY DRILLS WITH EYES ON IRAN
The head of the Israel Defense Forces said last week that his military plans to “significantly expand” its joint military operations with the U.S. to counter the threat from Iran and its nuclear program.
U.S. TO GIVE TAIWAN MORE BILLIONS TO BUY WEAPONS
A draft of the U.S.’s 2023 National Defense Authorization Act calls for a $10 billion financing program that would span five years that would provide Taiwan $2 billion a year to purchase weapons and another $1 billion in annual presidential drawdown authority as China continues to loom large in Washington.
PROTESTS BREAK OUT IN ITALY
Thousands of people took to the streets of Rome on Saturday to lash out at Italy’s decision to provide Ukraine with weapons until 2024—all while the country faces economic hardships due to inflation and energy prices.
ECONOMIC UPDATE – MARKET OVERVIEW
Near the close of U.S. equity markets yesterday, CNBC wrote, “Stocks fell Monday on fears the Federal Reserve may continue tightening until it steers the economy into recession.”
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. This is week 20.
TOP TREND, GOING OVER THE DRIVERLESS CLIFF: INVESTORS PUT THE BRAKES ON FUNDING FOR SELF-DRIVING CARS
For years, developers have been pushing back their time frames for bringing self-driving cars to the market. Most recently, automakers have again scaled back their plans and timetables as the global economy darkens.
DENMARK CLOSES THE LOOP ON CARBON
Various schemes have been suggested to store waste carbon that’s taken out of the fuel stream or the atmosphere, but few have been tried. Most of the attention has gone to Climeworks, a Swiss company that operates giant, ground-standing filters that suck air through and draw off the carbon.
GIVING ARTHRITIS THE FINGER
Around the world, 350 million people suffer from arthritis, including one in every four U.S. adults, according to the Centers for Disease Control and Prevention.
MAN WHO LOST HIS ABILITY TO SPEAK NOW THINKS OUT LOUD
A man with paralysis so severe he couldn’t speak can communicate verbally again, after a fashion, thanks to a “neuroprosthesis” created by researchers at the University of San Francisco (USF).
