This is THE TRUTH. Historical models on the economy and the markets are failing… but not because the fundamentals have changed, but because they’ve been hijacked.
Author: admin (Kendrick Williams)
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SYNTHETIC DEVOLUTION: NPR TRIES TO REHABILITATE HE JIANKUI AND GENE-EDITING BABIES
Yes, the science world (though unfortunately not enough of the general populace) professed to be shocked and horrified in 2018, when a Chinese scientist declared he had successfully gene edited twin babies.
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SPOTLIGHT: BIGS GETTING BIGGER
Cybersecurity specialist Palo Alto Networks will buy CyberArk Software, an Israeli counterpart, for about $25 billion as Palo Alto CEO Nikesh Arora seeks to scale his company in tandem with AI’s spread through business, government, and military operations.
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SPECIAL REPORT: TRUMP’S TARIFF WAR
On 31 July, Donald Trump took the next step in his global trade war, announcing major revisions to the tariff rates he bannered on his 2 April “Liberation Day” event.
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
The surging popularity of dollar-backed stablecoins could cost the European Central Bank (ECB) its control of monetary policy, according to a study by Jurgen Schaaf, an analyst in the bank’s market infrastructure and payments office.
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BEIJING ALLEGES NVIDIA’S COMPUTER CHIPS ARE A SECURITY THREAT
China’s officials regulating artificial intelligence (AI) met with executives from Nvidia, the California-based maker of the world’s most powerful AI chips, and charged that its H20 chips designed for Chinese customers threaten the country’s national security.
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CHINA’S FACTORY ACTIVITY SLOWED AGAIN IN JULY
China’s manufacturing output contracted more than expected last month, according to the country’s official Manufacturing Purchasing Managers Index (PMI).
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ECB STAFF DISPARAGES LAGARDE’S LEADERSHIP
The committee representing the staff of the European Central Bank (ECB) has sent a letter to ECB president Christine Lagarde criticizing her leadership of the institution.
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EUROPE BRACES FOR FLOOD OF CHINESE IMPORTS
Chinese exports once destined for the U.S. might well be rerouted to Europe, which has not put up stiff tariffs as the U.S. has done to discourage the shipments.