Taxpayer Costs Skyrocket As Two-Thirds Of Jobless Benefit Recipients In Germany Are Migrants
Taxpayer Costs Skyrocket As Two-Thirds Of Jobless Benefit Recipients In Germany Are Migrants Authored by Thomas Brooke via ReMix News, Nearly two-thirds of German residents receiving unemployment benefits have a migration background, new figures from the Federal Employment Agency have revealed. The statistics published by the federal agency and cited by the Die Welt broadsheet showed that […]
EU Members Will Have To Arrest Netanyahu After ICC Warrant: Borrell
EU Members Will Have To Arrest Netanyahu After ICC Warrant: Borrell Will Israel eventually come up with its own Hague Invasion Act? EU foreign policy chief Josep Borrell on Tuesday commented on the International Criminal Court (ICC) issuing arrest warrants for top Israeli officials over alleged war crimes in Gaza. He stressed in the statement that […]
Blowback In The African Coup Belt
Blowback In The African Coup Belt Authored by Marcel Dumas Gautreau via The Mises Institute, Starting in 2020, things started to get strange in Africa for those who knew what to look for. Normally, coups in Africa are nothing to write about. But starting in 2020, we saw six countries flip into a pro-Russian direction in just […]
Pandemic Winners Struggle In The Post-Pandemic World
Pandemic Winners Struggle In The Post-Pandemic World Zoom Video Communications, the company that rose to fame during the early days of the pandemic, reported earnings for the first quarter of its fiscal year 2025 on Monday, narrowly beating analyst expectations but disappointing investors with its short-term outlook. Adjusted earnings per share were up 16 percent […]
Federal Reserve Adopts Scenario Analysis as Inflation Fight Wavers
Federal Reserve Chair Jerome Powell and other officials have shifted from providing explicit guidance on interest rate cuts to discussing various economic scenarios amid growing uncertainty in their effort to control inflation. This change highlights the Fed’s current unpredictability and focuses on different potential economic outcomes rather than detailed projections. This “scenario analysis” approach is […]
Oil Prices Continue to Drop as US Crude Stockpiles Surge
Oil prices fell to near three-month lows as reports indicated rising US crude inventories, with Brent trading around $82 a barrel and West Texas Intermediate below $78. The American Petroleum Institute reported a 2.5 million barrel increase in stockpiles, contributing to market bearishness. The upcoming OPEC+ meeting will determine whether to extend supply curbs amid […]
Junk Bonds Surge Amid Broad Market Rally and Investor Optimism
Despite concerns about the U.S. economy, the junk-bond market is thriving, with the risk premium for sub-investment-grade debt narrowing to near pandemic lows. This trend, driven by cooling inflation and hopes for interest-rate cuts, has attracted $3.7 billion into junk-bond funds this year. Investors seeking high yields around 8% have fueled $131 billion in speculative-grade […]
Gold Consolidates After Record High Amid Rate Cut Speculations
Gold prices dipped by 0.3% to $2,413.96 per ounce on Wednesday as investors awaited the Federal Reserve’s latest meeting minutes for clues on interest rate cuts. After reaching a record high earlier in the week, gold is consolidating its gains. The market remains strong with a buy-on-dip mentality, despite the potential for short-term stagnation without […]
Central Banks Fuel Gold's Ascent to Unprecedented Levels
Gold has surged to its highest level ever, surpassing $2,400 per troy ounce, driven by geopolitical uncertainties and significant purchases by global central banks, especially from emerging markets. Despite rising real interest rates, which typically dampen gold’s appeal, central banks have bought around 2,200 tons since late 2022, accounting for over a fifth of global […]
“It’s Happening” – Ethereum ETF Bidders Amend SEC Filings, List At DTCC
“It’s Happening” – Ethereum ETF Bidders Amend SEC Filings, List At DTCC Five potential spot Ether exchange-traded fund (ETF) issuers have submitted amended 19b-4 filings after receiving last-minute feedback from the United States Securities and Exchange Commission (SEC). Several filings show changes from asset managers Fidelity, VanEck and Franklin Templeton, along with joint applications from Galaxy […]