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20 years, to the day, after Greenspan’s iconic speech that warned of the unintended consequences of “irrational exuberance,” we find ourselves, yet again, in the midst of perhaps the largest asset bubble in history.  In fact, Greenspan’s warning, previously made in a speech on Dec. 5, 1996, eerily reflects many of the same concerns surrounding the market today with low interest rates and lower risk premiums driving […]

The stable version of the Android 7.1.1 Nougat was previously reported to be launching on Dec. 6. The operating system update is said to coincide with the December security patch. However, a report claims that Google has started to roll out Android 7.1.1 Nougat earlier than the mentioned date, which means that owners of the devices who will receive the update can expect it to arrive very […]

Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Fake news is not the sole province of slimeball digital practitioners in faraway lands enabled by the righteous souls at Facebook and Google. There’s also — as has ever been so — the government. “Police investigating a notorious gang in […]

PML-N leaders say PTI has been using delaying tactics in Election Commission of Pakistan (ECP) and Panama Papers case. Addressing a press conference in Islamabad on Monday evening, Minister of State for Capital Administration and Development Division Tariq Fazal Chaudhry and MNA Daniyal Aziz said PTI has failed to give any evidence before the court in Panama Papers case. Tariq Fazal Chaudhry said we want the case […]

Submitted by Michael Shedlock via MishTalk.com, Axel Weber, former head of Germany’s central bank says the ECB is going to halt QE soon and hike rates by September. Weber warns Markets Unprepared for Central Bank Shifts. Investors are dangerously unprepared for a sharp rise in eurozone bond yields when US interest rates march higher and European quantitative easing ends, Axel Weber, chairman of UBS and the former […]

A new battle is breaking out among the titans of cloud computing, as competition in the fast-growing sector shifts to a fresh arena: artificial intelligence. Amazon is the latest tech company to join the fray, boosting its focus on artificial intelligence at a time when Amazon Web Services, its cloud computing division, is locked in competition with Microsoft and Google. AWS, which sells computing and data storage […]

SINGAPORE: As Prime Minister of New Zealand, John Key has helped transform the country into a “resilient and vibrant economy”, said Singapore Prime Minister Lee Hsien Loong, expressing surprise at Mr Key’s resignation announcement on Monday morning (Dec 5). “As PM, Mr Key and his team dealt with some major challenges, including the global financial crisis and the 2011 Christchurch earthquake,” PM Lee wrote in a Facebook […]

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Submitted by Michael Shedlock via MishTalk.com, On the same day Matteo Renzi suffered a crushing defeat at the hands of alleged “populists” in Italy, German finance minister Wolfgang Schäuble ruled out debt relief for Greece ahead of a eurozone finance minister meeting.  Schäuble says Greece Must Reform or Leave Eurozone. Greece must implement economic reforms if it is to keep its place in the eurozone, Germany’s finance […]

In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]

In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]

The cashless society is catching up to all of us. As SHTFPlan.com’s Mac Slavo notes, Most of Europe has shifted that way, and now India is forcing the issue. In the United States, people are being acclimated to it, and may soon find that no other option is practical in the highly-digitized online world.   Once that takes hold, the banksters, bureaucrats and hackers will have total […]

Every morning in the Philippines, a handful of bodies are found littering the streets. Their faces are often covered in black plastic tape. Sometimes there are signs of torture. Usually, they have been shot in the head. Few bother police – they are usually suspected of being responsible. No one, frankly, should be surprised that it is happening. The country’s democratically elected leader, after all, was elected […]

PANAMA CITY: Getting rid of tax havens depends on the United States and Europe, but is unlikely to happen anytime soon, journalists behind the publication of the Panama Papers said Friday. “The biggest tax haven in the world today is probably in the United States,” Jake Bernstein, a US investigative reporter with the International Consortium of Investigative Journalists (ICIJ), told a conference in Panama hosted by anti-corruption […]

The family of a woman killed in the 2015 Paris attacks by ISIS claims in a lawsuit that Twitter, Facebook, and Google profit from targeted advertising linked to terrorist propaganda promoting violence. As Bloomberg reports, the case is one of several complaints in U.S. courts alleging that the social media giants have played crucial roles in the growth of terrorist organizations in recent years. The biggest hurdle […]

A new scientific approach uses a model inspired from Google’s algorithm to determine the degree of stability of the planetary systems. The researchers employed a machine learning technique in order to create a mechanism that is 1,000 times faster than traditional methods when it comes to predicting stability. The study, published Nov. 23 in the journal Astrophysical Journal Letters, was carried out at the University of Toronto Scarborough […]

Bizarrely enough, it’s difficult to determine what constitutes a “small business” in the United States. The US Small Business Administration has a table of standards [PDF] that ranges from about 250 to over a thousand employees. On the other hand, the Affordable Care Act kicks in certain requirements for businesses with over 50 employees. So, what exactly is small? When I researched my book, How To Save […]

Google and Facebook cut off advertising revenue to bogus news sites Google and Facebook moved Tuesday to cut off advertising revenue to fake news sites, after a wave of criticism over the role misinformation played in the US presidential election. The move by the two tech giants aims to choke off funds to an industry fueled by bogus, often sensational “news” circulating online and seen as a […]

Philippine Vice-President Leni Robredo said she will resign as housing secretary on Monday after President Rodrigo Duterte ordered her to stop attending Cabinet meetings, a development that could galvanise opposition to Duterte. Robredo said she received a text message from Cabinet Secretary Jun Evasco relaying the president’s instruction. Not attending the cabinet meetings would make it impossible for her to perform her duties as head of the […]

Seems yall didn’t quite get the gist of our series – and why it should even be bothered to appear.  Well, a few reasons.  One, not everyone has the means of investing in ‘decent’ strategies that may only be eligible for accredited investors or QEPs.  Two, those who don’t have the means to invest in $1 M minimum programs also don’t have the means of educating themselves […]

Credit: CC0 Public Domain Google is promising that its widely used translation service is now even more fluent, thanks to an advance that’s enabling its computers to interpret complete sentences. That may sound simple, but it took years of engineering to pull off. Until now, Google’s technology analyzed phrases in pieces and then cobbled together a sometimes stilted translation. Now that Google’s machines can interpret entire […]

When asked by two CNN shills who she thought should be the next Chair of the DNC, democrat statagist, and former Bernie Sanders spokeswoman, Symone Sanders said ‘we don’t need white people leading the democrats now.’ Instead, she felt someone of a darker persuasion should lead them, in order to best represent ‘diversity.’ Apparently, diversity doesn’t include all races — just the ones that aren’t white — […]

Google refreshed its Daydream View VR device with two new colors, crimson and snow, expanding the number within the virtual reality headset range to three variants. When the device was unveiled last October, it only had the Slate coloring. New Colors, Same VR Technology The new colored headsets will not come with different or improved hardware specifications. Both variants are similar to the standard version under the […]

Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. The rise of “fake news” inspires the press to uncover its many practitioners worldwide, discern its economics and herald the alleged guilt-ridden soul-searching by its greatest enablers, Facebook and Google. But the media dances around another reality with the dexterity […]

Jakarta – Rescuers have recovered a body from the waters off Pulau Lingga, in the Riau Islands, near the crash site of a police transport aircraft that went down on Saturday (Dec 3) morning, said local police. Riau Islands police spokesman S. Erlangga, said in a statement issued at 11pm on Saturday local time, that the body was found by Basarnas, Indonesia’s national research and rescue agency, […]

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