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BlackRock ESG Hypocrisy Exposed: Firm Backs Palm Oil Producer With History Of Abuses

BlackRock ESG Hypocrisy Exposed: Firm Backs Palm Oil Producer With History Of Abuses BlackRock made a big stink about Warren Buffett’s resistance to a pair of shareholder proposals to mandate ESG and diversity reporting standards across Berkshire Hathaway’s vast business holdings. Buffett ultimately prevailed, as he has in past years, but the backlash this year was more vocal, with a…

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'50 Cent' Flees New York For Texas After Complaining About COVID Restrictions, High Taxes

’50 Cent’ Flees New York For Texas After Complaining About COVID Restrictions, High Taxes Authored by Paul Joseph Watson via Summit News, Rapper Curtis ’50 Cent’ Jackson has joined the wave of Americans fleeing New York, announcing that he had moved to Texas after complaining about draconian COVID-19 restrictions and high taxes. “I love New York, but I live in…

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COVID Has Triggered The Next Great Financial Crisis

COVID Has Triggered The Next Great Financial Crisis Authored by Charles Hugh Smith via OfTwoMinds blog, What’s left are the ‘fatal synergies’ of soaring debt and leverage, diminishing returns on stimulus, the substitution of credit for savings and the coming deflationary tsunami that pops all the speculative bubbles. Imagine a once modest but sturdy home built near a cliff to…

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Country With World's Highest Vaccination Rate Orders New Lockdown As COVID Cases Surge

Country With World’s Highest Vaccination Rate Orders New Lockdown As COVID Cases Surge While most people might guess that Israel or the UK hold the title, the tiny island nation of Seychelles is actually the most vaccinated country on earth, with more than 62% of its adult population already “fully vaccinated”, according to a BBC report. However, despite the fact…

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Watch Live: Starship SN15 Preforms High-Altitude Flight Test

Watch Live: Starship SN15 Preforms High-Altitude Flight Test Update (1832ET): SN15 has just landed safely after a high-altitude flight.   BREAKING: Starship #SN15 successfully lands! Teams are now working on extinguishing the post-landing fire. pic.twitter.com/0oPlH2fUoP — Breaking911 (@Breaking911) May 5, 2021 So far, nothing blew up this time… Starship landing nominal! — Elon Musk (@elonmusk) May 5, 2021 * * *  SpaceX is…

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Cuomo Unveils Vaccine-Segregated Access To Yankees/Mets Games

Cuomo Unveils Vaccine-Segregated Access To Yankees/Mets Games New York and its neighbors New Jersey and Connecticut announced Monday that they would lift most of their pandemic restrictions, allowing some sort of normalcy to return after more than a year of restrictions that limited capacity at restaurants and bars, sports and entertainment venues, and cultural and religious gatherings. Now in a bid to get…

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Entire Dollar General Store Closes After Staff Quits Over Lousy Pay

Entire Dollar General Store Closes After Staff Quits Over Lousy Pay Angry Dollar General employees at a store located in the small town of Eliot, situated in York County, Maine, plastered handwritten notes on the front entrance sliding door of the store that read they reached their breaking point of long hours and crappy pay. As a result, the employees…

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Israel About To Enter Post-Netanyahu Era After PM Fails To Form Government

Israel About To Enter Post-Netanyahu Era After PM Fails To Form Government The already lengthy and continuing election deadlock drama in Israeli politics has once again pushed Prime Minister Benjamin Netanyahu to the side, leaving his political future in extreme doubt. His mandate to form a new government has failed for the third time in two years, with the Likud leader’s appointed…

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Uber Blowout Earnings Smash Expectations, Stock Barely Budges

Uber Blowout Earnings Smash Expectations, Stock Barely Budges In the past four years, Uber generated over $48BN in revenue by burning $10BN in cash. It has never been profitable, and this is not the quarter it will change that. One day after its its biggest competitor Lyft reported impressive numbers only to see its stock tumble today, moments ago the…

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Snyder: We Are Dangerously Close To "The Tipping Point"

Snyder: We Are Dangerously Close To “The Tipping Point” Authored by Michael Snyder via TheMostImportantNews.com, Every dollar that the federal government borrows and spends puts us even closer to a day of reckoning.  Many Americans (especially those on the left) seem to think that we can endlessly spend trillions upon trillions of dollars without ever suffering any consequences.  If that…

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Stocks Tumble As White House Backs WTO Plan To Waive IP Protections For COVID Vaccines

Stocks Tumble As White House Backs WTO Plan To Waive IP Protections For COVID Vaccines In a major rebuke to the west’s biggest vaccine makers (including Pfizer, Moderna and J&J), President Joe Biden has decided to break with the Bill Gates-backed status quo and support a WTO initiative to make COVID-19 vaccine intellectual property open to all. SCOOP: The U.S.…

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New US COVID Cases Tumble Despite 25% Drop In Daily Vaccinations

New US COVID Cases Tumble Despite 25% Drop In Daily Vaccinations Following almost two months of roughly flat-lining new Covid cases in the US, we are now again seeing clear signs of new improvement despite a notable slowdown in covid immunizations. In recent days, many in the administration and its media propaganda arm, have tried to spook the broader population…

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What Jobs Number Will Scare Investors?

What Jobs Number Will Scare Investors? One week after he wrote that early indications point to a 1.5 million jobs number, Standard Chartered’s Global head of FX Research, Steve Englander has published an even more important report, one looking at what jobs number would scare investors into believing the economy is overheating even more than is accepted, and spook stocks…

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Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses The other day, we learned that Credit Suisse, which was left on the hook for $5 billion after dumping blocks of stocks owned by its prime brokerage on behalf of Archegos Capital Management, earned just $17MM in fees from its relationship with Archegos, revealing that the…

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Fragile: Handle With Care

Fragile: Handle With Care Authored by Sven Henrich via NorthmanTrader.com, What a circus. I imagine there’s a big sign in every Fed building in America: Don’t drop, fragile, handle with care. Janet Yellen, while no longer in a Fed building, committed the cardinal sin of pointing out the obvious yesterday: Rates may have to be raised in response to rising…

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LiveLeak Bites The Digital Dust 

LiveLeak Bites The Digital Dust  Popular British video sharing website “LiveLeak,” known for footage of war, politics, and many other world events usually censored on other video websites, like YouTube, was dissolved on Wednesday. LiveLeak was founded in 2006 and was launched into the spotlight in 2007 after the unauthorized filming and execution of Saddam Hussein were posted on the site. …

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The Fed Finally Gets Some Tough Questions… And Fails To Answer Them

The Fed Finally Gets Some Tough Questions… And Fails To Answer Them Authored by Robert Aro via The Mises Institute, Last Wednesday, Federal Reserve Chair Jerome Powell showed how simple questions do not always get simple answers. When speaking to the media after the latest Federal Open Market Committee (FOMC) meeting, some difficult questions were asked. So much so, Powell…

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Iran Airs Disturbing Propaganda Clip Of IRGC Blowing Up Capitol Building

Iran Airs Disturbing Propaganda Clip Of IRGC Blowing Up Capitol Building Iran’s powerful Islamic Revolutionary Guard Corps (IRGC) is stoking tensions once again as the Iranian foreign ministry is engaged in continued ‘indirect’ nuclear talks with the US in Vienna, early this week releasing a short video clip that features an imagined missile attack on the Capitol building in Washington D.C.…

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Ethereum Revisited

Ethereum Revisited Authored by Omid Malekan, Like most things, the undulations of the crypto markets are cyclical and meme-based. But thanks to the blockchain’s elimination of many of the frictions of the traditional financial system, the cycles happen faster. Take the simple fact that crypto markets trade 24/7, while most traditional markets do not. In any normal week, crypto trades…

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