Israel's war on Gaza has unleashed a torrent of worldwide denunciation. Many western governments are cranking up repression of pro-Palestine activists in response. In Europe, Germany has set a grim bar in brutalizing protestors and violating their civil liberties. The Real News reports from Berlin's largely Arab and Muslim Sonnenallee neighborhood.
Today is the big day. I’m not talking about the release of the US PCE deflator or the OPEC+ meeting (though both are on the calendar and will be a big deal), but the annual event that is the Spotify Wrapped summary and associated ubiquitous social media posts. Consequently, we can look forward to learning that we spent the whole year listening to the same 3 artists as last year, which might just be the definitive symptom of the cruel descent into middle age.
While millennials are poised to again discover that TayTay was number 1, central bankers are equally surprised to learn that the imminent trajectory for policy rates is down (as it largely has been since Volcker). We had more Fed speak overnight from Raphael Bostic (a dove), who said that he is increasingly confident that inflation’s downward trajectory will continue. Conversely, Thomas Barkin adopted Bowman’s wrongthink of the day before by saying that the Fed needs to keep the option of further hikes on the table, and noted hawk Loretta Mester hedged her bets by suggesting the Fed has the luxury of waiting for more data.
Predictably, markets chose to accentuate the positive. The jubilation over Chris Waller’s dovishness on Tuesday carried into yesterday’s price action for bonds. The US 10-year yield fell another 6.5bps to 4.25% and 2-year yields fell almost 9bps to 4.65%. This was despite a substantial upgrade to Q3 GDP that saw real annualized growth revised up to 5.2% from the originally reported 5%. The core PCE index that accompanied the national accounts ticked a little lower to 2.3%, which perhaps helps to explain the move in yields.
An internationally recognized mRNA expert has provided evidence during congressional testimony, revealing that Big Pharma giant Moderna is aware that its Covid mRNA shots are causing “turbo cancer.”
Dr. Robert Malone, the inventor of mRNA vaccine technology inventor, delivered testimony at a Capitol Hill hearing chaired by Republican Rep. Marjorie Taylor Greene. In his presentation, Dr. Malone showcased the patent for Moderna’s Covid vaccine.
Moderna’s patent reveals that the vials of its COVID-19 vaccine comprise billions of DNA fragments. These fragments, alongside other impurities, have been associated with the risk of birth defects and cancer.
In the patent, Moderna acknowledges that the contaminants in the shots can lead to cancer. Despite this admission, as emphasized by Malone in his testimony, the U.S. Food and Drug Administration (FDA) seemingly overlooked this information when granting approval for public use of the shots.
Senator Dick Durbin’s push to shut down Senator Marsha Blackburn’s investigation into Epstein’s flight logs comes after a long series of actions covering for the billionaire pedophile.
Which makes many wonder why Durbin is working so hard to protect Jeffrey Epstein.
“Democrat senator Dick Durbin of Illinois adjourned a Senate Judiciary Committee hearing before holding a vote on whether or not to approve Senator Marsha Blackburn of Tennessee’s subpoena for the Jeffrey Epstein flight logs,” the National File reported.
“It turns out that Dick Durbin personally tried to shut down the Jeffrey Epstein disclosure movement by disparaging those who believe in a ‘grand conspiracy’ surrounding accused child trafficker Jeffrey Epsteins’ death. Durbin is a close ally of former President Bill Clinton, who palled around with Epstein and flew on Epstein’s private jet,” the news outlet charged.
Congressman George Santos (R-NY) on Thursday filed a resolution to expel Congressman Jamaal Bowman (D-NY) for pulling a fire alarm in the Cannon House Office Building to delay a Congressional Proceeding.
The Gateway Pundit reported on Bowman’s successful efforts to obstruct an official government proceeding in late September “as he was rushing to make an urgent vote,” according to a spokesperson. Bowman was caught pulling the fire alarm in the Cannon Building to shut down Congress and prevent a critical vote to keep the government open.
While he claims this was just an accident, and he just got confused, it indeed looks like he was trying to delay a vote for the continuing resolution that was on the House Floor so he could vote to postpone the budget deadline. What high school principal doesn’t know how a fire alarm works? Not a very safe one.
Capitol Police evacuated the building as a result of his apparent incompetence, and Bowman was only convicted of a misdemeanor for obstructing a Congressional proceeding. He was ordered to pay just $1,000 in fines, serve three months probation before charges are dismissed, and write a letter of apology to Capitol Police Chief Tom Manger. Meanwhile, January 6 defendants are still rotting in the gulags for walking into the Capitol — escorted by police!
Representative Barry Loudermilk (R-GA) says taped depositions of January 6 star witness Cassidy Hutchinson and all other testifiers from the original January 6 Select Committee investigation are now missing. “I wrote a letter to Bennie Thompson asking for them and he confirmed that they did not preserve those tapes. He didn’t feel that they had to,” Rep. Loudermilk says. “But according to House rules, you have to preserve any data and any information and documents that are used in an official proceeding.”
Videotapes of witness interviews that the Democrat-led Jan. 6 congressional committee conducted have vanished, raising concerns for the chairman of the successor House panel that is now examining security failures related to the Capitol riot as well as possible implications for upcoming criminal trials.
“All of the videotapes of all depositions are gone,” Rep. Barry Loudermilk, R-Ga., chairman of the House Administration oversight subcommittee, told the "Just the News, No Noise" television show Thursday night.
Loudermilk said he believes under the House rules the videotapes qualified as congressional evidence because some clips were aired at hearings, and all the tapes should have been preserved by the now-defunct J6 committee and its chairman, Rep. Bennie Thompson, D-Miss.
Author and environmentalist Michael Shellenberger has recently accused military contractors from the US and UK of employing advanced psychological operations and disinformation tactics aimed at manipulating public perception.
Investors are shifting away from cash due to economic uncertainty. Despite official statistics, skepticism about the economy’s health prompts many to stockpile cash, driven more by expectations of Federal Reserve rate cuts than confidence in true economic strength. With concerns about cash’s long-term value due to inflation and credit risks, gold emerges as an attractive alternative—a stable and potentially more profitable option.
New research published by the European Centre for Disease Prevention and Control has revealed that more than 30,000 people die in Europe every single year from antibiotic-resistant bacteria, also known as "superbugs."
According to a report by CNN, two sources confirmed that special counsel Robert Hur, who was appointed to investigate President Joe Biden's mishandling of classified documents at two locations, is not going to charge anyone.
Iran has unveiled a new missile that it claims is hypersonic and capable of evading air defense systems. The missile was presented at a ceremony at the Ashura Aerospace Science and Technology University in Tehran that was attended by Iranian supreme leader Ayatollah Ali Khamenei.
In the dynamic landscape of the US equity market, investors find themselves navigating through a series of challenges as economic indicators paint a complex picture. Accelerating EPS downgrades, a rise in bankruptcies, and an increase in accounts placed for collection have set off alarms, challenging the prevailing optimism.
Jewish singer Gil Ofarim, a 41-year-old dual citizen of Israel and Germany, admitted in court on Tuesday that he made up a fake viral story about a hotel in Liepzig, Germany discriminating against him for wearing a Star of David necklace two years ago.
Surveillance video showed the necklace wasn't even visible during his check-in.
Israeli analysts have not hidden their anger, Wednesday, about footage of Hamas fighters and Israeli prisoners gesturing at each other while being handed to Red Cross teams in the Gaza Strip, Anadolu Agency reports.
Footage circulated as Israeli television stations reported that families of Israeli hostages said their relatives were treated well during their captivity.
However, analysts in Israel consider the footage depicts the “humanity” of “Hamas” fighters and they strongly object to the images.
Political analyst, Yaniv Peleg, said in an article for the right-wing Israel Hayom newspaper that broadcasting the footage on television is detrimental to Israel.