Just over half of states in the U.S. are struggling with slowing economic activity, which could be a signal of a looming recession, according to new research from the St. Louis Federal Reserve Bank.
Risk Of Recession In U.S. Increasing, Finds Fed Research
Tag: Stocks
Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’
Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’
The parallel AN will appoint a five-person “Administration and Asset Protection Council” to manage resources. The “interim government” had recurring budgets assigned by the US Treasury Department, drawing funds from frozen accounts belonging to the Venezuelan state. Last week, the US Senate approved US $50 million for “democracy promotion” programs in Venezuela for 2023.
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At the time of writing, the US has yet to comment on the reconfiguration of the opposition structures. However, the proposal was reportedly run by US officials during meetings with opposition representatives in Washington.
In the run-up to Thursday’s vote, Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols stated in an interview that the Biden administration would follow whatever the anti-government majority decided. An anonymous spokesperson from the US National Security Council likewise told Reuters that the White House would continue recognizing the “interim government” “regardless of the form it takes.”
Next up: Leopoldo López or Henrique Capriles?!
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Read More »Pentagon Profiteers: Executive Compensation in the Arms Industry
Pentagon Profiteers: Executive Compensation in the Arms Industry
Another way to understand the size of CEO compensation at the big contractors is to look at how many jobs would be created if that $287 million were spent on something else. The answer is that spending that money on productive activities would create thousands of jobs: 2,812 jobs in clean energy or infrastructure; 4,104 jobs in health care; and 4,362 in education, calculated using data on the jobs impact of government spending generated by Heidi Peltier for the Brown Costs of War Project.
Alzheimer’s latest drug and science journalism’s memory problem
In July, the medical community was rocked by a disappointing reminder of science’s weakest link: the humans doing the work. The journal Science had shared that its six-month investigation supported the findings of whistleblower Matthew Schrag, who first noted altered images in a high-impact paper on Alzheimer’s, published in Nature in 2006. That paper is still flagged on Nature as under review, but the damage has already been done. Alzheimer’s drugs for the last decade and a half have been developed around claims without as much evidence as initially believed—which might also explain why they haven’t been working, leading people to pour false hope into useless and often expensive treatment plans for declining loved ones.
Alzheimer’s latest drug and science journalism’s memory problem
[09-2009] George Soros’ “Parallel Anti-War Media/Movement”
Intel’s Multi-Billion Bait And Switch
The chip manufacturer cheered on a $76 billion subsidy package for the industry, then announced capital spending cuts and mass layoffs while maintaining payouts to shareholders.
Intel’s Multi-Billion Bait And Switch
Links behind paywalls:
US chipmakers hit by sudden downturn after pandemic boom
Intel Is Planning Thousands of Job Cuts in Face of PC Slump
Chipmaker
Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted
One month ago we joked that should the Delaware judge force Musk to buy Twitter, then none other than the US government would step in and prevent the South African from gaining control over the blue-checkmark echo chamber of record, the one social media network which congressional testimony after congressional testimony has argued it can manipulate the outcome of elections.
Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted
H/T: Alex Christoforou
Related:
Twitter Shares Tumble After US Weighs Reviews for Musk Deals
Weak US jobs report not weak enough: Financial markets plunge
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that just 263,000 jobs were added in the month of September, down from 315,000 in August. The total of new jobs matched the previous low, in April of 2021, for monthly job creation over the past 20 months.
Weak US jobs report not weak enough: Financial markets plunge
Elon Musk, Twitter and the mysterious X app
It was beginning to feel like Elon Musk and Twitter were locked in an eternal dance.
Elon Musk, Twitter and the mysterious X app
The Expected Financial Crash Is Finally Here
When two experienced economy and finance analysts, who both correctly predicted the derivative crisis of 2008, again warn of an imminent crash one better listens up.
The Expected Financial Crash Is Finally Here
Previously:

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