With high interest rates and inflation easing, emerging economies are drawing a fresh influx of investment in their own local currencies.
ECONOMIC UPDATE – MARKET OVERVIEW
Now here this, now here this: The Greatest Recession has begun and the banking crisis that Jamie Dimon of JPMorgan Chase said was over after the Feds made a sweetheart deal with him to buy out First Republic Bank will worsen.
THE GLOBAL DEBT MARKET TIME BOMB IS CLOSE TO GOING OFF
Consider this. As you are beginning to read this article, global debt is surging higher. In fact, global debt has never been higher than it is today. But in the few minutes that it will take you to finish reading this article, global debt will have surged even more.
SPOTLIGHT: TOP TREND 2023, OFFICE BUILDING BUST
One of the tech industry’s greatest blunders, according to OpenAI CEO Sam Altman, was allowing employees to work remotely.
Now every industry is accepting that new reality.
IS BARD AI DIRECTING ITS OWN DEVELOPMENT?
Is it just a case of AI fantasizing, along the lines of the 80’s Eurythmics hit “Would I Lie To You?”
NEW STUDY SHOWS HEALTH RISKS THAT COME WITH WEARING COVID-19 FACE MASKS
German researchers found that people who wear face masks for any extended amount of time face a number of health risks—especially pregnant women.
U.S.A.: #1 MASS MURDERER AT THE HIGHEST PRICE
Freedom isn’t free, especially when you happen to be unfortunate enough to live in a country targeted by the U.S. in its post-9/11 War on Terror.
Economy
SPOTLIGHT: BIGS GETTING 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, has indeed peaked. Indeed, they “slowed to a trickle”... and here are the latest “trickles.”
TURKEY’S CENTRAL BANK DRAINS GOLD, FOREIGN RESERVES NEAR ELECTION
The Central Bank of the Republic of Turkey saw its foreign currency reserves dwindle by $9.5 billion from 1 April through 12 May and its gold stores shrink by $7.9 billion ahead of mid-May’s first-round presidential election, the Financial Times calculated from the bank’s data.
CENTRAL BANKS’ INFLATION BUNGLE HAS COST THEM CREDIBILITY
Last week, the Bank of England Museum hosted a “Festival of Mistakes,” highlighting notable financial blunders and panics of the past.
Geopolitics
G7 MEETING FOCUSES ON WEST’S BALANCING ACT TO ‘DE-RISK,’ NOT ‘DECOUPLE’ FROM CHINA
Countering China seems to be the ‘soup du jour’ during last week’s G7 meeting in Hiroshima.
U.S.A.: #1 MASS MURDERER AT THE HIGHEST PRICE
Freedom isn’t free, especially when you happen to be unfortunate enough to live in a country targeted by the U.S. in its post-9/11 War on Terror.
UN VENERATES PALESTINIAN DISPLACEMENT FOR FIRST TIME
The United Nations last week commemorated the displacement of about 700,000 Palestinians during Israel’s founding in 1948 for the first time, drawing new focus to the deteriorating conditions in the region.
Top Trends 2023
TOP TREND 2023: CELENTE’S HOMELESS SOLUTION
Homelessness is still a top concern in cities across the U.S., and with poverty, crime and government corruption accelerating across the planet, waves of immigrants flooding into safe-haven nations has—and will—make the homeless crisis worsen.
TOP TREND 2023: ANTI-ESTABLISHMENT—NEW POLITICAL PARTIES
Get ready for new anti-establishment, anti-war, anti-immigration, anti-tax political parties to spring up across the globe.
TOP TREND 2023: ANTI-IMMIGRATION
Inflationary pressures, declining economies across the globe, lack of basic living standards... topped off by an expanding war in Ukraine will lead to more people fleeing impoverished countries for Europe and the U.S., which will, in turn, result in the continued growth of anti-immigration policies and movements in the West.
Hi-Tech Science
SCREENING DRUGS FROM WASTEWATER WITH POMEGRANATE
Pharmaceutical drugs have flooded wastewater and water treatment plants have few ways of screening all of them out. The drugs enter groundwater and public water supplies, causing dangerous reactions in wildlife and entering our drinking water.
MAGNETIC TREATMENT RELIEVES SEVERE DEPRESSION
If you’re deeply and chronically depressed, signals between two parts of your brain probably are flowing backwards.c
HELION PLEDGES COMMERCIAL FUSION POWER BY BEFORE 2030
Fusion power startup Helion Energy has pledged to supply Microsoft with 50 megawatt-hours (MWh) of electricity before 2030 or pay financial penalties.