As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend... which hit record highs during the COVID war when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
Tag: jun 6 2023
SPOTLIGHT ON CHINA
China’s manufacturing and services sector both slowed in May, offering more evidence that the growth spurt early this year after the government lifted anti-COVID restrictions has not lasted.
FU ENVIRONMENT, IT’S THE BOTTOM LINE: PORTUGAL APPROVES LITHIUM MINING
Portugal’s environmental regulators have given a positive recommendation on Savannah Resources’ proposed Barroso lithium mine that will produce enough of the metal to supply 500,000 electric vehicles (EVs) annually, the company says.
BANK REGULATORS MUST “SIGNIFICANTLY” BOOST THEIR BUDGETS, BIS SAYS
Nations’ bank overseers must increase their budgets dramatically to step up supervision in the wake of March’s twin collapse of Signature and Silicon Valley banks in the U.S. and Credit Suisse’s failure in Switzerland, the Bank for International Settlements (BIS) said in a statement last week.
SAUDI ARABIA CUTS OIL OUTPUT, BUT OIL PRICES KEEP SINKING
After a tense weekend meeting of the Organization of Petroleum Exporting Countries and their allies (OPEC+), Saudi Arabia announced it would pare back its oil production by one million barrels per day in an attempt to push crude prices higher.
CRYPTO WALLETS FOR NFTS MIGHT BE COMING WITH A FUTURE ETHEREUM UPGRADE
NFTs (Non-fungible Tokens) might have built-in crypto wallets, if a new development proposal is incorporated into the Ethereum network protocol.
TRAD FOR DAD: FINANCIAL TIMES PROMOTES TRAD-FI FIRMS AS “SAFER” FOR CRYPTO EXPOSURE
Firms like Charles Schwab and Nomura are promoting new crypto services as a safer way to gain exposure to assets like Bitcoin and Ethereum, according to a recent Financial Times report. (“Traditional finance firms set to challenge digital pioneers,” 31 May 2023.)
THIS WEEK IN SURVEILLANCE
The whole world needs a digital ID now more than ever, right?
With AI susceptible to use by “bad actors” to create video and voice prints that can realistically mimic anyone from celebrities like Joe Rogan, to AI visionaries like…well, Sam Altman of OpenAI, many are now saying that the case for digital IDs is getting more urgent.
DEGROWTH: HOW ‘CLIMATE-CORP’ IS PUTTING SMALL FARMERS OUT OF BUSINESS AND DESIGNING FOODS TO MEET RADICAL CLIMATE GOALS
From cars to food: many have noticed a distinct shift in attention of radical climate activists lately.
Food is squarely on the table as a subject of “unsustainable” so-called greenhouse gas emissions such as carbon and methane.
RULE BY DECREE: THE EMERGENCY STATE’S PLOT TO OVERRIDE THE CONSTITUTION
We have become a nation in a permanent state of emergency.
Power-hungry and lawless, the government has weaponized one national crisis after another in order to expand its powers and justify all manner of government tyranny in the so-called name of national security.