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Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China A foreign exchange shortage has resulted in the worst financial crisis Sri Lanka has ever endured, with shortages of everything from food to crude. Fuel supplies are down to just days, food has run out... Read more
Published on: 22 minutes ago
Source: ZeroHedge
Gun Control Advocacy Group Plans Nationwide Protests After Texas School Shooting Authored by Katabella Roberts via The Epoch Times (emphasis ours), A student-led gun control advocacy group is planning nationwide protests in the wake of the Texas elementary school shooting that claimed the lives of 19 children this week. Teenagers protest... Read more
Published on: 42 minutes ago
Source: ZeroHedge
US, Taiwan Push Forward On Economic Talks Amid China Denunciations "Taiwan is part of China," Chinese military spokesman Col. Shi Yi asserted in response to President Biden's start of the week remarks pledging US defense for Ukraine in the event of an invasion (comments walked back by the White House). "The theater... Read more
Published on: 1 hour ago
Source: ZeroHedge
Shouldn't Hillary Clinton Be Banned From Twitter Now? Authored by Matt Taibbi via TK News Substack, Trial testimony reveals Hillary Clinton personally approved serious election misinformation. Is there an anti-Trump exception to content moderation? Last week, in the trial of former Clinton campaign lawyer Michael Sussmann, prosecutor Andrew DeFilippis asked... Read more
Published on: 1 hour ago
Source: ZeroHedge
Wall Street's Most Bearish Analyst Points To Biggest Equity Inflow In 10 Weeks, Remains Bearish: "Fade Rallies" One week ago, after 7 consecutive weeks of declines for the S&P (and a record 8 weeks for the Dow), One River CIO Eric Peters said that "If We Can't Bounce After Being... Read more
Published on: 1 hour ago
Source: ZeroHedge
"We Could See A Million Layoffs Or More" - Here Comes The Job Market Shock Last weekend we showed something remarkable (or delightful, if one is a stock bull): with the US economy on the verge of recession, with inflation topping, with the housing market about to crack, the last... Read more
Published on: 1 hour ago
Source: ZeroHedge
Rand Paul: "Elitists Want A One World Government; It's Not A Conspiracy Theory" Authored by Steve Watson via Summit News, Senator Rand Paul appeared on Fox News Thursday and discussed the ongoing World Economic Forum gathering in Davos Switzerland, remarking that it is not a conspiracy theory to suggest the organisation... Read more
Published on: 2 hours ago
Source: ZeroHedge
Airlines Remove Flights Ahead Of Busy Summer Travel Season Major airlines are removing flights at a time when the busy summer travel season is taking off.  Delta Air Lines announced it will reduce 100 daily departures from July 1 to August 7 to "minimize disruptions and bounce back faster when challenges occur." ... Read more
Published on: 2 hours ago
Source: ZeroHedge
TX Governor 'Livid' After He Was 'Misled' About Police Response In Uvalde Shooting Update (1705ET): Texas Governor Greg Abbott (R) said he was 'misled' about the police response to the school shooting in Udvalde, and is 'livid about what happened.' Gov. Greg Abbott on how what police initially told him... Read more
Published on: 2 hours ago
Source: ZeroHedge
Proof-Of-Work Vs. Proof-Of-Stake: Why Bitcoin Won't Change Authored by 'NAMCIOS' via BitcoinMagazine.com, As politicians and environmentalists have argued Bitcoin should move away from proof of work, they miss what makes the network so innovative... Bitcoin’s consensus mechanism, proof of work (PoW), tends to bring about divisive opinions in society. While... Read more
Published on: 2 hours ago
Source: ZeroHedge
Russia Pays Eurobond Coupons In FX As US Dashes To Close Loophole As Russia's sovereign debt default showdown with the West continues to ratchet as Washington has been seeking to push Moscow into an involuntary bankruptcy by closing all loopholes for debt payments, all eyes were on a Friday deadline... Read more
Published on: 3 hours ago
Source: ZeroHedge
The Economic Doom-Loop Has Begun Authored by 'Adam Mill' via AmGreatness.com, No communist was ever as dedicated to economic suicide as the current class of idiots who rule us... High inflation, over-regulation, and a general sense that things are going in the wrong direction remind us of the late 1970s... Read more
Published on: 3 hours ago
Source: ZeroHedge
Soaring Stocks Break 100-Year-Record Losing-Streak Amid Macro Meltdown US Macro data has disappointed for 6 straight weeks with May set to see the biggest plunge in reported data relative to expectations since the collapse in April 2020 when the economy was effectively shuttered down by the government... Source: Bloomberg But... Read more
Published on: 3 hours ago
Source: ZeroHedge
AOC Says She Wants To Ditch Her Tesla Following Online Spat With Musk Authored by Rita Li via The Epoch Times, Rep. Alexandria Ocasio-Cortez (N.Y.) said she wants to give up her Tesla, one month after getting into an online spat with Elon Musk on Twitter. The progressive Democrat revealed her plan... Read more
Published on: 3 hours ago
Source: ZeroHedge
Senate Republicans Block Creation Of 'Domestic Terrorism Task Force' Bill First came the now defunct (and utterly humiliated) Biden administration 'Ministry of Truth', then the push to take away Americans' guns even as billions in weaponry are simultaneously sent to Ukraine's citizens, and now... introducing the Democrats' "domestic terrorism" agency. It was... Read more
Published on: 4 hours ago
Source: ZeroHedge
Sharp Decline In Russian Exports Could Send Oil Above $150: BofA By Charles Kennedy of OilPrice.com Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our $120/bbl Brent target now... Read more
Published on: 4 hours ago
Source: ZeroHedge

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