Author: Press Room

SNAPSHOT: Equities up, Treasuries down, Crude down, Dollar upREAR VIEW: FOMC Minutes confirms some officials would have preferred a 25bps cut; Mixed US 10yr auction; Fed’s Logan supported decision to cut rates, but with a more gradual approach ahead; Jefferson to take decisions meeting by meeting; AtlantaFed GDPNow unchanged at 3.2%; US Whole Sales and Inventory revisions miss; Bigger-crude builds than expected in EIA, though, less than API; ECB’s Kazimir not as convinced as media reports on an October cut; RBNZ cut the OCR by 50bps as expected; DoJ weighs a breakup of Google.COMING UP: Data: Japanese Corporate Goods Prices, Italian Industrial…

JD Vance wrote an op-ed for the Wall Street Journal criticizing the Biden/Harris administration’s slow response to Hurricane Helene, which is perfectly justified. The folks at Morning Joe on MSNBC were very triggered by this. They can’t handle any criticism of the administration, even if it’s warranted. Later in the day, the editor of the Wall Street Journal appeared on FOX News and basically laughed off the criticism, noting that MSNBC is a one-stop shop for disinformation. FOX News reports: MSNBC ‘lecturing about misinformation’ is ‘quite a bit of chutzpah’ on their part: WSJ editor-at-large Wall Street Journal editor-at-large Gerry…

This story appears in the October 2024 issue of Forbes Asia. Subscribe to Forbes AsiaKumar Mangalam Birla (left) and Gautam Adani.Kumar Mangalam Birla: Ashish Vaishnav/Newscom; Gautam Adani: Sumit Dayal/Bloomberg This story is part of Forbes’ coverage of India’s Richest 2024. See the full list here. Until two years ago, billionaire Kumar Mangalam Birla was India’s undisputed cement king. These days his UltraTech Cement is facing heat from an ultra-ambitious rival: Ambuja Cement, controlled by fellow billionaire Gautam Adani. In 2022, Adani became India’s second-biggest cement producer by capacity when he acquired Ambuja, together with its subsidiary ACC, for $6.4 billion.…

The Bureau of Prisons is implementing a new system to restrict mass emails coming into prisons.getty In March 2020, the Department of Justice Office of the Inspector General issued a report on the concerns of mass emails through its Trulinks (also called Corrlinks) email system to the general population. The Trulinks email system is used by the Federal Bureau of Prisons (BOP) inmates to communicate with families and friends. The emails do not allow for photos or attachments, but are simply text messages that provide information and updates. Over the years, the system has been used to communicate information to…

By reallygraceful The next time someone tries to tell you that the government CANNOT or WOULD NOT manipulate the weather, show them this video…. Does that mean every weather pattern is manufactured? No. Does that mean that every hurricane is manipulated? No. But the technology, as well as 100+ weather patents, exist. It is not a theory. These technologies are used every day by governments around the world. Buy The Deep State Encyclopedia: Exposing the Cabal’s Playbook https://a.co/d/5iaD4s4 Buy Deep State Encyclopedia on Kobo: https://www.kobo.com/us/en/ebook/the-… Buy me a Coffee: https://www.buymeacoffee.com/reallygr… Please consider supporting my channel on Patreon:   / reallygraceful   Subscribe to…

President de Gaulle of France initiated the secret operation “Vide-Gousset” and repatriated 3,313 tonnes of gold reserves from the vaults of the Federal Reserve in New York and the Bank of England in London from 1963 until 1966. De Gaulle feared America’s deficit in its balance of payments would rupture Bretton Woods and lead to a devaluation of the dollar against gold. All France’s dollars were converted into gold and to avoid treachery the metal was repatriated over the course of three years. It took 44 boat trips and 129 flights to bring home more than three thousand tonnes of…

Brazil’s Supreme Federal Tribunal (STF) Minister Alexandre de Moraes announced over the weekend that the social media platform X (formerly Twitter) paid its fines to the wrong state bank account and as a result, its services in Brazil will remain suspended until the matter is solved. De Moraes banned access to X in Brazil in late August after the social media platform refused to comply with censorship orders and appoint a new legal representative in Brazil. The ban on X in Brazil came after a months-long feud between the Brazilian judge — a self-styled “anti-fake news crusader” with an extensive…

A Russian court on Monday sentenced 72-year-old U.S. citizen Stephen James Hubbard to nearly seven years in prison for helping to defend Ukraine against the Russian invasion. Russian prosecutors said Hubbard joined a defense unit in the eastern Ukrainian city of Izyum immediately after Russia invaded Ukraine in February 2022. He was taken prisoner by Russian forces after the city was captured in April 2022. Ukrainian forces were able to push the Russians out of Izyum in a counteroffensive about five months later.  The prosecution said he “systematically received material compensation” for his efforts, working out to about $1,000 per…

Billionaire Mark Cuban, a top economic surrogate for Vice President Kamala Harris, found himself triggered after Breitbart News pressed him on tariffs and America First economic policies. A user on X asked Cuban to provide the “single biggest reason” he is supporting Vice President Kamala Harris and the biggest reason he is not supporting former President Donald Trump. Cuban, bizarrely, pointed to Harris’s economic policies, asserting that she has “great policies for Small Business & Entrepreneurs, the biggest drivers of jobs and growth”: Concerning Trump, Cuban accused him of attempting to overturn the last election. That prompted another X user…

Former President Trump won Pennsylvania in 2016 and we’re told he barely lost Pennsylvania in 2020. Nevertheless, compared to where his polling stood in that vital swing state during those two campaigns, he is way over-performing in the polling today. According to the RealClearPolitics (RCP) average poll of Pennsylvania state polls, Trump leads sitting Vice President Kamala Harris by a mere 0.2 points. That might not sound like much of a lead — and it’s not, but what’s useful is to look at the polling in Pennsylvania at this same time in the 2016 and 2020 campaigns. According to the…