A joint investigation found that Israel laid out unusual demands during contract negotiations with Google and Amazon for their cloud services, which essentially said Tel Aviv is not responsible to follow the terms of service and these companies need to give Tel Aviv a “wink” if governments ask for data.
The IDF has ramped up its bombing campaign across southern Lebanon, killing over a dozen in the last week alone, claiming that the strikes were a result of Hezbollah refusing to disarm.
Israeli Prime Minister Benjamin Netanyahu ordered “powerful” strikes inside Gaza after claiming that his forces came under Hamas fire while in Khan Younis, which is in the southern part of the Strip.
After the late-September collapse of U.S. auto-industry companies First Brands and Tricolor Holdings—both deep in bonded debt—Andrew Bailey, governor of the Bank of England, is hearing “alarm bells” in the private credit industry.
As Gerald Celente had forecast in his podcast on 16 October, there would be a sharp correction in gold, possibly going down some $500 per ounce when it was trading in the $4,350 per ounce range.
Kering, the luxury conglomerate that owns Balenciaga, Brioni, and St. Laurent, among others, reported a 10-percent decline in third-quarter revenue to $3.96 billion year on year, marking its third losing quarter in a row.
Hong Kong’s Hang Seng stock exchange has been rife with initial public offerings this year and Millennium Management, Qube Research & Technologies, and Oaktree Capital Management are among the Western hedge funds that arrived early at the party.
A third of Canadian businesses are preparing for a recession, according to a new survey by the Bank of Canada (BoC). A separate poll of the country’s households found two-thirds expect a recession during the next 12 months.
Continuing its campaign to expand the role of its currency in global finance, over the past five years Beijing has sharply increased the number of loans it has made in its own renminbi currency.