Not many people know about the second floor café in Building 3 at Emaar Square. Dubbed “the digital café”, it serves great food, great coffee and of course has pretty decent Wi-Fi. It has a “google” feel to it. But when the history books of the Middle East digital revolution are one day written, chances are the café will get a chapter to itself. For the […]
Submitted by Jeffrey Snider via Alhambra Investment Partners, For the month of July 2014, total durable goods orders exploded higher in a fit of Boeing. The growth in aircraft orders in percentage terms was so large as to be meaningless. On a seasonally-adjusted basis, total durable goods (using the latest benchmarks) went from $236.3 billion that June to $290.8 billion for July. Coming as it did in […]
Seriously…Must keep it together thru the Black Friday weekend! 15 Straight days up… The longest winning streak since 1996. Nothing to see here, move along… (the last time Small Caps rose for a longer streak was March 1988) (best 3 week gains since March 2009) The week was.. well easy.. Even after 3 weeks of incessant buying there was nothing to stop the panic […]
For yet another year, Black Friday has started off with a (deadly) bang, and as CBS reports, police are investigating a shooting outside of a South Jersey mall on Black Friday. It happened early this morning in South Jersey outside of the Macys department store at the Hamilton Mall, near Atlantic City. CBS 3’s Trang Do reports one person has died in the shooting. “It’s sad,” said […]
John Hanke arrives at Mijita on San Francisco Bay looking more like a middle-aged indie rocker than the chief executive of a company that this summer was estimated to be making tens of millions a week. His striped flannel shirt is unbuttoned over a T-shirt bearing a compass and the words, taken from a poem in The Lord of the Rings, “Not all who wander are lost”. […]
After a US election in which hyper partisan news sites helped propel Donald Trump to the presidency, the future direction and financing of this ardent alternative journalism seems unclear. In recent days, some brands and ad platforms have blacklisted the right-wing Breitbart News for hate speech, while Facebook and Google — facing accusations of enabling misinformation online — have acted to prevent their advertising from appearing on […]
Craig Timberg from Washington Post must be bored this Thanksgiving, spending his time concocting a rich and imaginative tale of fake news websites swaying the billion dollar Clinton campaign from no brainer win to a horrible loss. Here we are, once again, with the faux claims out of Washpo — spreading their own ironic fake news of Russian hacking conspiracies and a furious — and all of a […]
The burst of Democratic spending is causing heartburn for operatives working to keep the Senate in Republican hands. “I worry every day, and every day it’s a different state,” said Scott Reed, the senior political strategist for the U.S. Chamber of Commerce. The Chamber has spent $32 million boosting Republican congressional candidates, according to FEC filings. But in October, two weeks before the election, Reed found himself […]
With raw newsflow in the financial, political, economic and geopolitical realms hurtling ever faster – scrambling toward some yet unknown climax – facilitated by a world that has never been more interconnected, and where the noise to signal ratio (especially over the past few months courtesy of certain… events) has hit unprecedented levels, sometime we get so focused on trying to share our own, unique (we hope) […]
When you pull out your phone to order an Uber in ten years’ time, you’ll probably get a car that drives itself. Then again, you might not get a car at all. The taxi-hailing app is working on technology that would allow for airborne passenger drones that would take users short distances around cities. Speaking at Recode, Jeff Holden, Uber’s head of product, said that the company […]
Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle. Lieutenants in Trump’s army: Bannon, Flynn & Sessions Here at the Diary, we do not […]
While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009. The regional FX plunge […]
Google offered a “Popular Times” feature on its Google Maps app last year to allow users to assess how busy an establishment would be at specific times of the week or day according to past history. Last year, Google introduced a new Google Search feature showing users when a bar, restaurant, retailer store or any other location was the busiest and most popular. When Is The Best […]
Submitted by Brandon Smith via Alt-Market.com, As I noted in my last article World Suffers From Trump Shellshock – Here’s What Happens Next, there are two primary consequences of a Trump presidency that actually serve globalists and elites in the long run. The first is the consequence of a perfect scapegoat for the economic crisis which the elites have been gestating since 2008. Trump enters the White […]
The ads’ sponsor The Humane Society Legislative Fund formed in 2004 as the lobbying arm of the Humane Society of the United States, a public charity to which donations are tax-deductible. Donations to the Humane Society Legislative Fund, however, are not tax-deductible, as it’s organized as a “social welfare” nonprofit under section 501(c)(4) of the U.S. tax code. Electoral politics cannot be the primary focus of charities […]
Russia has conducted successful intercontinental ballistic missile tests intended for its Barguzin “nuclear-train” program. The tests for Russia’s “railway-based combat rocket system” took place on Plesetsk cosmodrone two weeks ago, Interfax reports and were “fully successful” according to a military source, which would “pave the way for further flight tests.” The tests were held to test the missiles’ launch readiness, Russian press added. A BZhRK with a […]
For the 24th week of the last 26, oil rigs rose (by 2) to 474, the highest since January 2016. US crude production rose again last week tracking the lagged trend of rising rig counts in the US. Notably US crude production looks set to rise given the rig count moves (and if OPEC agrees a deal and spooks prices higher, that production may well […]
As night fell on June 15, volunteers at the Birstall Wellbeing Centre in West Yorkshire were preparing for their usual Wednesday group session. The centre offers Reiki healing, palm readings and holistic massage. Rebecca Walker, who opened the centre eight years ago, is haunted by that night in June. At about 6.30pm, a man in his 50s walked through the door. He was thin, on the short […]
Hold your real assets outside of the banking system in one of many private international facilities –> https://www.sprottmoney.com/intlstorage Posted with permission and written by John Rubino All this talk of massive new infrastructure spending financed with a tsunami of freshly-minted currency should be lighting a fire under gold. That it hasn’t is a testament to how out-of-whack the precious metals market […]
Via The Daily Bell, Barack Obama on fake news: ‘We have problems’ if we can’t tell the difference The US president denounced the spate of misinformation across social media platforms, including Facebook, suggesting American politics can be affected. -Guardian Is fake news the new “conspiracy theory.” We’ve read that it may be, and it seems likely to us. That’s because “conspiracy theory” has seemingly lost credibility as […]
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This kind of manipulation of the law is unfolding at a keen moment of weakness for the press, which has already been buffeted by falling revenue and mounting public disaffection. Only 40 percent of the public — the lowest rate since at least the 1990s — trusts the media “to report the news fully, accurately and fairly,” according to a Gallup survey conducted in September 2015. This […]
The most notable thing about today’s Treasury auction of $34 billion in 5 Year paper is not what happened after the 1pm announcement of its pricing, but what has been taking placed in the last few days, where as the following charts from SMRA, there has been a major surge in shorts, who have in turn sent the underlying paper “super special” in repo, to the tune […]
