"It will give us, for a course of years, good government and then only end, due to the corruption of the people, in despotism, which will be the only form of government suitable for them." -- Benjamin Franklin on the Constitution Philadelphia, 1789.

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And in the case of today’s European economies the fatality, the “Kissinger factor”, consists of the economic suicide imposed on it by the United States and culminating in the war in Ukraine, but prepared and instigated for a long time.

The self-destructive vocation of our continent was predicted by Nietzsche two centuries ago with the concept of “European nihilism”.

His dress test was the two world wars of the twentieth century, and the path towards the final solution began with the vassalage towards the USA established after 1945. Europe’s subjection was not linear.

It unfolded in alternating phases, with bouts of independence during which the Old Continent reclaimed its sovereignty.

The most important jolt produced the birth of the European Union and of a currency, the euro, potentially an alternative to the dollar. But then Europe fell further and further down, until the current terminal phase.

The break with Russia in 2022, with the war in Ukraine, reverses the European Union’s path towards the East and nullifies the formula of its capitalism. This rupture entails three lethal consequences, destined to worsen in the coming years unless reactions dictated by the survival instinct.

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When China recently launched the first of eight Hangor II submarines for Pakistan at the Wuchang Shipbuilding yard in Wuhan, India moved another step forward to enhance its Navy’s anti-submarine warfare capability by conducting a successful test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system.

The Supersonic Missile-Assisted Release of Torpedo (SMART) system, designed and developed by the Defence Research and Development Organisation (DRDO) in India, is a next-generation missile-based lightweight torpedo delivery mechanism.

According to a report, the SMART system to launch lightweight torpedoes can target submarines hundreds of kilometres away — far beyond the conventional range of lightweight torpedoes.

As per DRDO, this canister-based missile system consists of several advanced sub-systems, namely two-stage solid propulsion system, electromechanical actuator system, precision inertial navigation system etc.

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Apparently, the lessons of the COVID-19 pandemic haven’t been learned. Dangerous biolab experiments continue – humanity be damned.

According to the Daily Mail, 

Chinese scientists have engineered a virus with parts of Ebola in a lab that killed a group of hamsters.

A team of researchers at Hebei Medical University used a contagious disease of livestock and added a protein found in Ebola, which allows the virus to infect cells and spread throughout the human body.

The group of hamsters that received the lethal injection 'developed severe systemic diseases similar to those observed in human Ebola patients,' including multi-organ failure,' the study shared.

The results of this study were predictably horrific,

One particularly horrific symptom saw the infected hamsters develop secretions in their eyes, which impaired their vision and scabbed over the surface of the eyeballs.

A decade ago, Ebola ravaged parts of Africa. Ebola has an average fatality rate of 50%,

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The NYPD has begun arresting people after more than 1,000 pro-Palestine demonstrators marched through upper Manhattan towards the Metropolitan Museum of Art, which is hosting the star-studded Met Gala.

As protesters marched down 5th Avenue towards the event, blocking traffic, cops stepped in at the East 79th Street Transverse at Central Park and started the arrests, the NY Post reports.

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Death Of Self-Checkout, Walmart Charges For It In Some Locations

Tyler Durden's Photo

by Tyler Durden

Monday, May 06, 2024 - 07:20 PM

By Mish Shedlock of MishTalk

Theft and complaints are taking a toll on self-checkout. Now, Walmart wants you to pay $98 a year for Walmart+ for the self-checkout privilege at some stores.

Retailers Scale Back Self-Checkouts

The Wall Street Journal reports Retailers Scale Back Self-Checkouts to Curb Irritation and Theft

Attention, shoppers: Retailers are rethinking your cashier job.

Store operators are modifying how they use self-checkout stations in a bid to boost their bottom lines and improve the shopping experience for customers.

Some retailers are pulling kiosks out of stores as a way to keep a lid on theft. Others, including Target (TGT), Dollar General (DG) and the regional grocery chain Schnucks, have limited how many items customers can bring to self-checkouts to avoid bottlenecks and alleviate headaches for staff.

Schnucks now limits its self-checkout lanes to 10 items or fewer. While the primary intention is to improve customer service and checkout efficiency, Simon said the company expects some reduction of theft as well. “This item limit will help us maintain our costs while keeping the prices lower for our customers,” he said.

About a fifth of people who used self-checkouts said they accidentally took an item without paying for it, according to a survey of 2,000 shoppers last year by LendingTree. Some 15% of self-checkout users admitted to stealing an item on purpose.

Walmart, the nation’s largest retailer, said it removed self-checkout lanes and replaced them with cashier-staffed lanes at locations including stores in Cleveland and Shrewsbury, Mo. When checkout access is limited, some stores are designating self-checkout lanes for Walmart+ customers, who pay a membership fee of $98 a year.

In 2022, Dollar General said self-checkout was so successful and popular with customers that it tried making some stores entirely self-checkout. A year later, CEO Todd Vasos pulled back on those plans.

“We had relied and started to rely too much this year on self-checkout in our stores,” Vasos said on a December earnings call. “We should be using self-checkout as a secondary checkout vehicle, not a primary.”

In March, the company said it would remove self-checkout for stores with the highest levels of shrink. For remaining stores with self-checkout, it would limit customers to scanning five items or fewer.

Do You Like Self-Checkout?

I cannot stand it. My wife prefers it. Something always seems to go wrong for me. You cannot scan beer or wine, the bar code won’t read, and Costco has a limit on the cost amount.

The latter hit me at Costco this week when I tried to scan a whole beef tenderloin. I had to call an attendant a second time for beer. Loose produce is generally an issue.

Besides, trained clerks are faster, assuming you can find one. But it’s theft issue that will kill self-checkout at grocery stores. Double up a package of T-bone steaks and poof, the store just lost over $30.

RFIDs can take care of general merchandise, but RFIDs in hamburger?

Now Walmart wants you to pay for the agony of self-checkout. No thanks.

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by Tyler Durden

Americans have been stunned by the Democratic megadonors funneling money into Marxist groups, sparking mass chaos across colleges and universities nationwide as risks are mounting that 'BLM-style' riots could spill over into city streets this summer.

Law-abiding Americans have taken notice of radical left-wing policies pushing this nation further into chaos, from failed progressive cities ignoring law and order to open borders igniting the greatest illegal alien invasion this nation has ever seen. There is a growing sense among the population that possibly a controlled demolition of the country is underway by the radical left. 

The spark that could ignite the next round of social unrest is possibly Marxist 'useful idiots' (some of which are professional and paid protesters) on school campuses who quite literally have said they want a revolution to usher in a "socialist reconstruction of America."

Americans are closely watching these developments on their smartphones, tablets, and smart TVs and have taken note of the possibility of summer riots, pushing the nation closer and closer to what some voters believe is a civil war on the horizon. 

A new survey by Rasmussen Reports found that 41% of Americans are concerned a civil war could erupt sometime over the next five years, including 16% who say civil war is "very likely" in that same timeframe. 

Meanwhile, 49% of respondents do not believe another civil war is likely in the next five years, with 20% expressing that it is "Not At All Likely." An additional 10% are uncertain about the future. 

"The possibility that America could face another civil war soon is not too far-fetched for a lot of voters," the pollsters said about their survey. 

Claire's Observations:  This is the last, worst, thing this country needs right now.  We need to focus on what unites us as Americans, and not what, potentially, could pull this country apart.


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By Ye Xie, Bloomberg Markets Live reporter and strategist

Chinese stocks have been on a stealth bull run, but the renewed market optimism may be built a shaky foundation — especially when it comes to credit.

The MSCI China Index has climbed 24% from its lows in January. The Hang Seng Index has also recovered, so much so that its 9% gain this year is on par with the Nasdaq Composite Index.

A number of factors have helped. The economic data in the first quarter beat expectations, with stimulus starting to gain traction. Valuations were cheap and investors who were bearish in China needed to close some of their underweighted positions to catch up. In addition, the Politburo meeting last week offered some positive surprises, hinting that the government may find ways to deal with unsold properties.

But in the big scheme of things, a lot of structural headwinds haven’t disappeared. The housing market, for instance, remains in deep trouble, with new home sales in big cities down 39% in April.

An even bigger risk lies in the broader credit market. Beijing’s strategy has been to shift resources from the speculative housing market to more productive industrial sectors such as electronic vehicles and renewable energy. As a result, bank loans to the housing sector have collapsed, while lending to industries soared.

But there’s a limit to how far such a strategy can go. Some industries are now plagued by overcapacity concerns, while there’s a rising threat of protectionism from foreign countries that have seen a flood of Chinese imports. And in recent months, industrial loan growth has slowed after the epic surge.

As a result, strategists at Clocktower note that China may be in the potentially treacherous position where credit demand from both households and corporations is falling at the same time.

Why that is important? The strategists explained:

A credit collapse will be a death knell for a highly leveraged economy like China. If the public sector does not come to support credit growth in a timely manner, a sharp growth deceleration is likely to occur going forward as economic agents will be forced to cut consumption and investment to meet their debt obligations.

That’s the warning Chinese stock bulls may have to heed.

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The revelation that CRE troubles extend beyond small banks to major financial institutions is deeply concerning. Despite the sector’s smaller proportion of large banks’ balance sheets compared to pre-pandemic levels, the challenges persist, pointing to systemic issues rather than temporary measures.

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A group of 12 Republican senators sent a letter to the chief prosecutor of the International Criminal Court (ICC) that threatens “severe sanctions” and hints at other action if the court issues arrest warrants for Israeli Prime Minister Benjamin Netanyahu and other Israeli officials.

The letter, dated April 24, was obtained by Zeteo and says that action against Israeli officials would result in “severe sanctions.” The senators referenced the American Service-Members’ Protection Act, a law that authorizes the president to use any means to free any US or allied personnel detained by the ICC. The law is nicknamed the Hague Invasion Act.

“If you issue a warrant for the arrest of the Israeli, we will interpret this not only as a threat to Israel’s sovereignty but as a threat to the sovereignty of the United States. Our country demonstrated in the American Service-Members’ Protection Act the lengths to which we will go to protect that sovereignty,” the letter reads.

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"The children in Gaza need a cease-fire."

That's how Catherine Russell, executive director of the United Nations Children's Fund (UNICEF), concluded a brief video Wednesday about the harrowing conditions across the Gaza Strip, particularly in Rafah, where about 1.5 million of the besieged enclave's 2.3 million residents have sought refuge from Israel's devastating assault.

The video was released nearly seven months into Israel's retaliation for the Hamas-led October 7 attack—which has killed at least 34,596 Palestinians in Gaza, wounded another 77,816, and left thousands more missing—and as a full-scale Israeli assault of Rafah looms.

The war has already taken "an unimaginable toll," and a major military operation against the crowded southern Gaza city "would bring catastrophe on top of catastrophe for children," Russell warned. "Nearly all of the some 600,000 children now crammed into Rafah are either injured, sick, malnourished, traumatized, or living with disabilities."

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Students at the universities of Cambridge and Oxford set up pro-Palestine encampments on college grounds early on Monday to demand the institutions condemn Israel's war on Gaza and end any potential complicity in the devastating seven-month conflict.

Around a hundred students gathered outside University of Cambridge's King's College, where they erected tents and demanded the institution commit to divestment from companies involved in Israel's war on Gaza. They were joined by numerous members of staff at the university's colleges.

In coordination with the organisers at Cambridge, students from Oxford University pitched up tents outside the Pitt Rivers Museum, which they claimed holds a disturbing hoard of artefacts stolen from colonised peoples across the world.

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Monday, May 06, 2024 - 10:00 PM

Authored by Ryan McMaken via The Mises Institute,

Joe Rogan and Tucker Carlson sat down for a three-hour-plus discussion on the Joe Rogan Show last week, covering everything from UFOs, to religion and artificial intelligence. But perhaps the most important topic they covered was the insidious and dangerous role played by the US regime’s intelligence agencies in America. 

Specifically, Carlson suggested the CIA continues to lobby for keeping the JFK files secret, possibly because the CIA had a role in the assassination. Tucker also brought up how the FBI’s second-in-command was responsible for taking down Richard Nixon. Carlson described how intelligence agencies hold immense power within Congress because members of Congress—who are generally disreputable people with many secrets—are terrified of being blackmailed. After all, in a post-Patriot Act world of nearly unrestrained spying by the US regime, there is no privacy in America. 

I’ll let you, dear readers, listen to the full interview and make up your mind for yourselves as to the details of the discussion. 

What I want to highlight here, however, is how remarkable it is that two major media figures—Rogan and Carlson—are announcing to their millions of listeners and readers that organizations like the CIA and the FBI are despicable agencies committed to undermining the legal and constitutional institutions of the United States. 

This is long overdue. 

Deep-state agencies like the CIA and the FBI have for far too long been considered reputable organizations just trying to “keep us safe” or somehow defend the United States from alleged foreign threats. Conservatives have long been among the worst offenders. Libertarians know this well, and have observed for decades the breed of “small-government” conservatives who one minute claim “the government can’t do anything right” and then the next minute simp for “heroic” CIA and FBI agents. People such as these have long checked their critical thinking skills at the door as soon as the discussion turns to the regime’s spy agencies—or the Pentagon, for that matter. This is not to say that Leftists are guiltless on this. While historically it was the Left that actually made some efforts to expose intelligence agencies and their crimes in the 1970s, that is now ancient history. The Left in 2024 has rarely met a regime spook it didn’t like. This was made explicit last month when Adam Westbrook and Lindsey Crouse declared in The New York Times that “the Deep State is actually kind of awesome.” 

The job of opposing these contemptible enemies of freedom at America’s intelligence agencies—especially the FBI and CIA and NSA—falls to the minority of Americans who actually care about law and human rights enough to seek true restraints on regime power. Those of us in this minority must never miss an opportunity to disparage, doubt, question, and generally express loathing for these organizations and for every single agent and employee at these agencies who collects a taxpayer-funded salary

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Thousands of activists in Bangladesh backed by the ruling party's student wing marched through universities around the country Monday to demand an end to Israel's war on Gaza and the creation of an independent Palestinian state.

Activists of the Bangladesh Chhatra League marched through the campus of the prestigious Dhaka University chanting anti-Israel slogans, carrying Bangladeshi and Palestinian flags and spreading banners saying "Free Palestine, Stop Genocide." Many other students also joined the rally, organisers said.

Bangladesh, a Muslim-majority nation of nearly 170 million people, maintains no diplomatic relations with Israel and has called for an independent Palestinian state. Prime Minister Sheikh Hasina, of the ruling Awami League, has slammed Israel over what she has alleged is genocide committed by its government.

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We reproduce the text of a lecture given on May 4 in Boulogne-sur-mer. In it, Thierry Meyssan explains that the current conflict in Palestine is not the fault of the Arab and Jewish populations. It was organized, as early as 1915, by the colonial power, with the idea that the state or states to come would never be able to guarantee their own security. Unbeknownst to them and to their own detriment, the Palestinians and Israelis, by staging the October 7th operation and its aftermath, are simply implementing this policy. By failing to stop the ethnic cleansing of the Gazans, the Anglo-Saxons are not demonstrating their insensitivity, but the fact that they regard the massacres as mere adjustment variables.

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Authored by John Cody via ReMix News,

Rejection of immigrants from Islamic countries has increased in Germany, according to the latest Insa poll commissioned by the Nius media group.

Image removed.

The most recent survey shows an absolute majority of 52 percent rather agree with the statement that “Germany should generally no longer accept refugees from Islamic countries”. Only 34 percent say “disagree” or “tend to disagree” with this statement.

There is even greater agreement with the statement that “in certain areas of my town or village, I have the feeling that I am no longer in Germany.” According to the poll, 57 percent agree with the statement, while 36 percent do not share this feeling.

The poll further shows that 54 percent of respondents said they were “afraid that Germans will become a minority in Germany.” On the other hand, 37 percent said they were not concerned.

A relative majority supports the theory behind the Great Replacement, which the domestic intelligence agency the Office for the Protection of the Constitution (BfV) classifies as a “right-wing extremist” viewpoint.

According to the poll, 45 percent of respondents agree with the statement: “I believe that Europeans are gradually being replaced by immigrants from Africa and the Middle East.”

A smaller number of people, 41 percent, reject this statement.

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According to UNRWA’s latest Situation Report, 182 UNRWA workers have been killed and 165 of the agency’s installations damaged in Gaza since October 7 last year.

The Israeli army bombed a building belonging to the UN Agency for Palestine Refugees (UNRWA) in the besieged Gaza Strip late on Sunday, according to local media.

Israel’s state broadcaster KAN said that Israeli forces claimed the building was a “military command center” used by the resistance group Hamas, the Anadolu news agency reported.

Apart from the attack, many were killed in airstrikes carried out by Israeli warplanes on two schools in Gaza where displaced families had taken shelter, the report added.

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The IDF is shooting down a significant number of its own drones in the course of operations, The War Zone (TWZ) reported Thursday, citing a US Marine Corps official.

According to Marine Lt.-Col. Michael Pruden, the IDF destroyed 40% of its own uncrewed aerial systems (UAS). 

Pruden is head of the Marine Air Command and Control Integration Branch of the Air Combat Element Division within the service's Combat Development and Integration Command (CD&I).

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Authored by Naveen Athrappully via The Epoch Times 

Individuals who took COVID-19 vaccines were found to have later suffered from psychosis, with Pfizer and AstraZeneca shots linked to most of the cases.

A 1-year-old child receives a Pfizer COVID-19 vaccination in Seattle, Wash., on June 21, 2022. (David Ryder/Getty Images)

The peer-reviewed systemic review, published in the Frontiers in Psychiatry journal on April 12, examined cases of new-onset psychosis among people who took the vaccines. Psychosis refers to symptoms that occur when an individual has difficulty differentiating between reality and fantasy, with hallucinations and delusions being two key types. The review looked at 21 articles describing 24 cases of psychosis symptoms following vaccination. The researchers concluded that “data suggest a potential link between young age, mRNA, and viral vector vaccines with new-onset psychosis within 7 days post-vaccination.”

Collecting data on vaccine-related psychiatric effects is crucial for prevention, and an algorithm for monitoring and treating mental health reactions post-vaccination is necessary for comprehensive management.”

Out of the 24 cases, 13 were female. The median age of participants was 36 years. Twenty-two patients (91.2 percent) had no specific history of somatic illness and comorbidities.

In 33.3 percent of the cases, administration of the Pfizer mRNA vaccine “potentially induced adverse psychiatric events,” the study said. The viral vector AstraZeneca vaccine was linked to psychotic symptoms in 25 percent of cases.

In 45.8 percent of incidences, psychotic symptoms were reported after the first shot and in fifty percent after the second dose.

“Almost all reviewed cases (95.8 percent) presented with psychotic symptoms, such as hallucinations (visual, auditory, olfactory, and tactile) and delusions (mostly persecutory and delusions of reference).”

The most common form of hallucination was auditory, experienced in 54.2 percent of the cases, while visual hallucinations were experienced by 12.5 percent of patients.

“Motor disturbances, such as increased or decreased motor activity and bizarre behavior, were mentioned in 83.3 percent of cases. In 3 (12.5 percent) cases, a suicidal attempt was described.”

The psychotic symptoms mostly lasted for a period of one and two months.

The patients were treated using various methods including antipsychotics and steroids, but only 12 out of the 24 made a full recovery. The remaining suffered from “residual symptoms such as decreased emotional expressions, low affect, or residual psychotic symptoms.”

In one case, the patient reported a positive COVID-19 test result. “Previous studies have shown that individuals with documented comorbidities and a history of COVID-19 infection exhibit a statistically significant increase in adverse events following vaccination,” the study noted.

Researchers speculated that inflammatory conditions following vaccination may be a reason behind the psychosis. The study found elevated C-reactive protein levels and mild to moderate leukocytes—high white blood cell count—as the most common blood abnormalities. Both conditions have links with inflammation.

Another hypothesis suggested in the study was that post-vaccination psychosis could suggest a manifestation of autoimmune anti-NMDA encephalitis, a condition in which the immune system targets the brain neurons by mistake and causes inflammation.

Researchers noted that instances of anti-NMDA encephalitis have been repeatedly reported after vaccinations against infections like influenza, pertussis, yellow fever, and typhus.

“Considering the potential link between post-vaccination psychosis and autoimmune anti-NMDA encephalitis, it is advisable to consider immunological screening in individuals presenting psychiatric symptoms post-COVID-19 vaccination.”

A third possible reason suggested in the study is that the various speculations and uncertainties regarding the safety of COVID-19 vaccines could lead to people experiencing “significant stress,” which could end up triggering the development of psychiatric reactions.

The authors received financial support for the review, with the article-processing charge funded by Riga Stradins University, Latvia. Researchers declared no conflicts of interest in the study.

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A disbarred, serial perjurer walks into a courtroom and asks to take an oath . . . No, seriously, this is not a joke. Michael Cohen will soon appear in a Manhattan courtroom in what is sure to be one of the most bizarre moments in legal history.

Cohen nearly comprises the prosecution’s entire case against former President Donald Trump under a criminal theory that still has many of us baffled. It is not clear what crime Trump was supposedly trying to conceal by making “hush-money” payments to former porn actress Stormy Daniels.

What is clear is that none of the witnesses called in recent weeks has had any direct involvement with Trump on the payments.

The witnesses had a lot to say about Cohen, and most of it was not good. They described an unprofessional, self-proclaimed “fix-it man” who created a shell corporation to buy out Daniels with his own money. The money was later paid back by Trump after the election, with other legal expenses.

So Cohen will now make the pitch to the jury that they should put his former client in jail for following his own legal advice.

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Authored by J. Peder Zane via RealClearPolitics,

Journalism may indeed be the first draft of history but that old chestnut can be misleading. Where it suggests a set-in-stone version of events, that first draft is really an unfolding detective story, revised and rewritten as we dig out better answers to the eternal questions of who, what, when, where, and how.

Two of my colleagues at RealClearInvestigations – Aaron Maté and Paul Sperry – recently recast one of the biggest stories of our time: America’s long, strange, and destructive entanglement with Ukraine.

As with all great investigative journalism, Maté and Sperry draw on a wide range of documents and insider accounts to reveal facts the powers-that-be have tried to conceal. While President Biden and many other leaders from both parties cast Ukraine as a bastion of democracy and a beacon of freedom, Maté and Sperry reveal how a decade of anti-democratic interference by Biden and other U.S. officials has led that country to the brink of destruction while corrupting America’s domestic politics.

Their reporting shows that Ukraine is not an independent democracy but a client state of America which has pushed Ukraine into ever-deepening conflict with Russia. It does not excuse Vladimir Putin’s illegal and murderous invasion of Ukraine in 2022, but it shows the massive escalation in a decade-long proxy war the two powers have been conducting on another nation’s soil.

Although this conflict stretches back decades and even centuries, Maté’s April 30 article starts in 2013. That’s when an uprising known as the Maidan movement was percolating in opposition to Ukraine’s notoriously corrupt president, Viktor Yanukovych, who had delayed signing a trade pact with the European Union because he did not want to alienate Russia.

The Maidan movement was soon co-opted by ultra-nationalist groups, some of whose members “openly sported Nazi insignia.” But many American officials, including then-Vice President Biden, saw it as an opportunity to pull Ukraine from the influence of Russia and to undermine Putin.

High-ranking U.S. officials – including senior State Department official Victoria Nuland and U.S. Ambassador Geoffrey Pyatt – actively advised the movement, which staged a coup in 2014 by storming the Ukrainian parliament. Those same American officials were also involved in naming the new government.

Putin immediately moved to counter growing American influence on his border. Just days after the coup, Russia invaded and soon annexed Crimea. Russophile Ukrainians in the eastern Donbas region followed suit. While Putin publicly told the Donbas forces to seek a diplomatic solution to their claims, American officials, including then-CIA Director John Brennan pushed Ukraine’s new government to armed conflict. As Maté wrote, Ukraine then “descended into a full-scale civil war. Thousands were killed and millions displaced in the ensuing conflict.”

As Putin issued threats that eventually turned into war, the U.S. tightened its grip on Ukraine. U.S. officials, including Biden, vetted appointments and dismissals in Kyiv, shaping, Maté reports, “the personnel and policies of subsequent Ukrainian governments, all while expanding its military and intelligence presence in Ukraine via the CIA and NATO.”

Sperry’s April 17 article changes our understanding of one of the most famous and consequential examples of U.S. meddling – Biden’s December 2015 threat to withhold $1 billion in aid if Ukraine did not fire its top prosecutor, Viktor Shokin. It has long been known that Shokin had launched multiple investigations into Burisma Holdings, the corruption-riddled energy giant that was paying Biden’s son Hunter millions of dollars. After Shokin was fired, those probes went away.

After this quid pro quo came to light, the Obama administration said that Biden was just carrying out the policy wishes of our government and its European allies. Sperry’s reporting, however, indicates that the U.S. had no such concerns about Shokin in the months before Biden’s threat: “An Oct. 1, 2015, memo summarizing the recommendation of the Interagency Policy Committee on Ukraine stated, ‘Ukraine has made sufficient progress on its [anti-corruption] reform agenda to justify a third [loan] guarantee.’”

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The carbon credit con band plays on...

The most recent chapter in the 'green' initiative has been supermajor Shell being found to have sold 'phantom' carbon credits that were twice the volume of emissions the company actually avoided, according to FT.

Shell has reportedly sold millions of carbon credits, tied to CO₂ removal, to Canada’s main oil sands companies, despite doubts arising over the validity of the claimed emissions reductions.

Keith Stewart with Greenpeace Canada commented: “Selling emissions credits for reductions that never happened . . . literally makes climate change worse.”

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For all its positives, bitcoin is perhaps the only security that prices in the same news over, and over, and over again (especially when the news is bad).

We saw this last month when bitcoin tumbled repeatedly after every single fake attack in the fake "Iran-Israel war", as if it was pricing nuclear Armageddon over and over instead of actually reading between the lines of the staged theater between the two middle-eastern states. It eventually rebounded and recouped most losses but not before finding something else to be just as shocked over, even though this too is not news at all.

Moments ago, bitcoin and other cryptocurrencies dumped sharply when Bloomberg reported that Ken Griffen's favorite retail frontrunning exchange, Robinhood, has received a Wells Notice, i.e., it has been formally warned by regulators that it may face an enforcement action tied to its cryptocurrency dealings.

The so-called Wells notice - which gives a company time to rebut the agency’s allegations and doesn’t necessarily indicate an enforcement action will follow - from the SEC concerns Robinhood Crypto and its cryptocurrency listings, custody of cryptocurrencies and platform operations, the company said in a regulatory filing Monday.

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Concerns arise over the global monetary system’s stability amidst geopolitical tensions and the risk of a dollar collapse, prompting nations to explore alternative currencies and localize trade. Financial warfare escalates, with countries like Russia and China strengthening ties and seeking to reduce dependency on the dollar.

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