Italy Once Again On The Eurozone Worry List

Italy Once Again On The Eurozone Worry List Tyler Durden Fri, 06/19/2020 – 05:00 Authored by Nick Corbishley via WolfStreet.com, Over half of Italian companies reported facing a liquidity shortfall by the end of 2020 and 38% reported “operational and sustainability risks,” according to a survey of 90,000 companies conducted by Italy’s national statistics institute ISTAT. The national Italian business lobby, Confcommercio, recently estimated that 60% of restaurants and other businesses were short on liquidity and 30% had complained about the extra costs of implementing anti-contagion safety measures so they can start serving customers after lockdown. The tourism industry, which accounts for 13% of[…]

Read more

NATO To Probe French & Turkish Warships Near Clash Incident Off Libya

NATO To Probe French & Turkish Warships Near Clash Incident Off Libya Tyler Durden Fri, 06/19/2020 – 04:15 Perhaps predictably given Erdogan’s increased threats and foreign adventurism, cracks loom in the NATO alliance over Libya, leading to an official probe by Secretary-General Jens Stoltenberg. It started last week after France complained that Turkey is still breaking a UN arms embargo in effect on war-torn Libya. When a French frigate attempted to intercept a Turkish vessel suspected of running arms into Tripoli on June 10, it was reportedly “engaged” via radar, as if a missile strike was impending. The AP details, based[…]

Read more

California Reports Another Record Jump In New COVID-19 Cases: Live Updates

California Reports Another Record Jump In New COVID-19 Cases: Live Updates Tyler Durden Fri, 06/19/2020 – 03:42 Summary: Fauci to testify before Senate later this month California Gov Newsom signs EO making mask wearing mandatory Cali sets another record high with 4,233 new cases 13 Texas longhorns football players test positive as Fauci says 2020 football might not happen Italy reports uptick in deaths Cuomo mulls quarantine on Fla. NY reports 29 deaths Texas reports 7th straight record hospitalizations; Arizona reports record jump in cases 23 US states seeing rising case numbers Florida “has the makings of the next epicenter”[…]

Read more

Egypt & Ethiopia Are On Verge Of War Over Water As Nile Crisis Escalates

Egypt & Ethiopia Are On Verge Of War Over Water As Nile Crisis Escalates Tyler Durden Fri, 06/19/2020 – 03:30 Via AlMasdarNews.com, A new report in the major Russian online newspaper Vzglyad, details prospects for the inevitability of war between Egypt and Ethiopia, if not today, then in the future. According to the Russian-language report, negotiations between Egypt, Sudan and Ethiopia resumed on Sunday over a set of issues related to building a huge hydroelectric station on the Nile. “The Ethiopians are building on the Blue Nile, Africa’s largest hydroelectric power plant, surpassing the Sayano Shushenskaya Hydropower Station,” journalist Yevgeny Krotikov said, pointing[…]

Read more

EU Car Sales Crash 57% In May As Europe Grapples With Massive Inventory Glut

EU Car Sales Crash 57% In May As Europe Grapples With Massive Inventory Glut Tyler Durden Fri, 06/19/2020 – 02:45 New car sales in the EU plunged in May, falling 57% to 623,812, as Europe grapples with the same problem that the U.S. has had for weeks: a glut of inventory, despite re-opening some factories and re-starting production in certain areas. All 27 EU member states posted double digit declines in new car sales, with the U.K. falling an astounding 89%, according to MarketWatch.  Production coming out of the EU remains “well blow” pre-crisis levels but the lack of demand[…]

Read more

Publishing Staff Threaten To Quit Unless JK Rowling’s New Book Is Canceled

Publishing Staff Threaten To Quit Unless JK Rowling’s New Book Is Canceled Tyler Durden Fri, 06/19/2020 – 02:00 Authored by Steve Watson via Summit News, Staff at Publishing house Hachette have threatened to quit unless the company cancels its association with JK Rowling and scraps plans to publish her new book because they argue the author is ‘transphobic’. The Daily Mail reported that “Staff in the children’s department at Hachette announced they were no longer prepared to work on the book” over Rowling’s recent assertions that biological sex is real and that there are only two genders. If sex isn’t real, there’s no same-sex attraction.[…]

Read more

China Conducts Military ‘Show Of Force’ Drills With Tanks Near Indian Border

China Conducts Military ‘Show Of Force’ Drills With Tanks Near Indian Border Tyler Durden Fri, 06/19/2020 – 01:00 Both China and India have signaled they are seeking to deescalate soaring tensions along the disputed and loosely demarcated Line of Actual Control (LAC) which separates Indian-controlled territory from Chinese-controlled territory along Ladakh and the Chinese Tibet Autonomous Region. This after on Monday night the deadliest border clash in a half-century erupted, after which the Indian Army confirmed 20 of its troops killed after being critically wounded followed by being “exposed to sub-zero temperatures in the high altitude terrain.” Though the Chinese side has yet[…]

Read more

Epstein Case: Documentaries Won’t Touch Tales Of Intel Ties

Epstein Case: Documentaries Won’t Touch Tales Of Intel Ties Tyler Durden Thu, 06/18/2020 – 23:50 Authored by Elizabeth Vos via ConsortiumNews.com, Investigation Discovery premiered  a three-hour special, “Who Killed Jeffrey Epstein?” on May 31, the first segment in a three-part series, that  focused on Epstein’s August 2019 death in federal custody. The series addresses Epstein’s alleged co-conspirator Ghislaine Maxwell, his links with billionaire Leslie Wexner, founder of the Victoria Secrets clothing line, and others, as well as the non-prosecution deal he was given. The special followed on the heels of Netflix’s release of “Jeffrey Epstein: Filthy Rich,” a mini-series that draws[…]

Read more

Iran Defiantly Touts Domestic ‘New Generation Cruise Missiles’ In Naval Drills Near Gulf

Iran Defiantly Touts Domestic ‘New Generation Cruise Missiles’ In Naval Drills Near Gulf Tyler Durden Thu, 06/18/2020 – 23:25 Amid crushing US sanctions aimed at strangling its defense, aviation and nuclear development sectors, Iran is increasingly focused on ramping up high tech domestic missile defense production. Ultimately it hopes to showcase its domestic military wares to signal the West that sanctions aren’t working. In its latest test Iran’s Navy displayed the abilities of newly developed land-to-sea and sea-to-sea cruise missiles. The drills were conducted in the Sea of Oman and Indian Ocean this week, and involved live-fire tests against targets[…]

Read more

What Spike? Hospitalization Data Show No Indication Of A Second Wave

What Spike? Hospitalization Data Show No Indication Of A Second Wave Tyler Durden Thu, 06/18/2020 – 23:00 Authored by Stephen Miller via The American Institute for Economic Research, Are we on the verge of a second wave of coronavirus infections? Is there a spike in infections in states that reopened first? The only way to answer that question is to watch as the data roll in. Arguably the best data to look at to see if a second wave is beginning are the hospitalization numbers. The media frequently reports the biggest and most dramatic numbers, often devoid of context. The[…]

Read more