Business

August 13, 2020
Make no mistake, fundamentals for gold are ‘most bullish in history’ – Peter Schiff

The price of gold dropped below the $2,000 level this week, in its worst single-day rout in seven years. That's typical for a bull market, where the biggest daily moves...

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August 11, 2020
Digitalization provides opportunity for 'non-violent revolution, a revolution of the mind,' entrepreneur tells Keiser Report

In a new episode of Keiser Report's annual Summer Solutions series, Max and Stacy discuss the problem of institutional racism and how to exit the predatory system. They are joined...

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August 6, 2020
Exxon: 20% of global oil & gas reserves may be WIPED OUT

After a grim Q2 season for Big Oil, the world's third-most valuable energy company is warning that 20% of the world's oil and gas reserves may no longer be viable....

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August 6, 2020
US should assume ‘war-time mentality’ to address China challenge, author tells Keiser Report

In the new Summer Solutions episode of the Keiser Report, Max and Stacy talk about so-called ‘China-fication' – that is, the history of China's rise and its relations with the...

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August 6, 2020
South Korea to start LNG supplies to energy-hungry Pakistan

South Korea's Posco International Corporation has won a tender to supply liquefied natural gas (LNG) to Pakistan, according to a Reuters report citing sources. The company has offered the lowest...

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August 6, 2020
Chinese video-sharing app TikTok planning to open its first European data center in Ireland

Chinese-owned technology company TikTok has announced plans to build a $500 million European data hub which will be located in Ireland. It is expected to become operational by 2022. The...

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August 6, 2020
US unemployment during Covid-19 pandemic approaches 55 MILLION

The number of new unemployment insurance claims in the United States has improved marginally for the week ending August 1, with 1.186 million initial jobless claims. That's down from the...

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August 5, 2020
The dollar is close to a Wile E. Coyote moment when it drops off the cliff & plummets – Peter Schiff

Gold prices have reached a new milestone, topping $2,000 for the first time ever. Still, most people don't really understand the significance of the rise and what it means for...

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August 5, 2020
Global oil demand will shrink by 8% in 2020 – IMF

The coronavirus crisis will lead to global oil demand dropping by around 8 percent this year compared to last year, the International Monetary Fund (IMF) said in a new report,...

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August 5, 2020
Record gold rally TRIPLES South African miner’s profits

South African mining company Gold Fields said on Wednesday that surging gold prices could catapult its half-year profits by more than 300 percent, triggering a ten percent rally in its...

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August 5, 2020
Trump could do to China what Reagan did to Soviet Union, if he wins second term, economics professor tells Boom Bust

Beijing says it will not accept Washington's “smash and grab” policy of trying to force the sale of Chinese social media app TikTok. It's warned it will retaliate against what...

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August 5, 2020
Silver to outshine gold thanks to global economic recovery demand growth – analysts

Gold prices, which have been rallying to record highs, settled above $2,000 for the first time overnight. Analysts say the safe-haven assets' run will continue, with industrial metal silver set...

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August 5, 2020
US dollar could be a ‘CRASH RISK’ amid rising economic & political uncertainty

After suffering its worst monthly fall in about a decade, the US currency has started August with a bounce. However, analysts predict further weakness in the greenback. “We expect the...

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August 4, 2020
EU launches antitrust probe into Google’s Fitbit deal over privacy issues

A four-month-long investigation has been opened by EU investigators over Google's $2.1 billion bid for fitness tracker maker Fitbit. The deal would further entrench Google's clout in the online advertising...

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August 4, 2020
US ‘theft’ of TikTok turning once great America into ‘rogue country’ – Chinese media

Beijing will not accept Washington's “smash and grab” of Chinese technology company TikTok's US operations and is ready to respond, the China Daily newspaper reported on Tuesday. According to the...

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August 4, 2020
Pentagon vow to use artificial intelligence for good is ‘HIGHLY SUSPECT & should not be believed’ – RT’s Keiser Report

In the first episode of the Keiser Report's annual Summer Solutions series, Max and Stacy discuss the latest global economic, monetary, financial and cultural trends; as well as solutions to...

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August 4, 2020
India seeks tighter control on imports of Chinese goods from other Asian countries

As relations between India and China worsen, New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value....

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August 4, 2020
India seeks tighter control on imports of Chinese goods from other Asian countries

As relations between India and China worsen, New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value....

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August 4, 2020
Russia’s wealthiest lose billions due to coronavirus… but they’re still obscenely rich

Russia's richest are $27.89 billion poorer than they were at the beginning of the year, when the coronavirus started spreading across the globe, according to Bloomberg Billionaires Index (BBI). While...

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August 3, 2020
Apple sued by Chinese AI company for copyright infringement

China's artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, which is also known as Xiao-i, has filed a lawsuit against US tech giant Apple, alleging it has infringed on its...

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August 3, 2020
Apple sued by Chinese AI company for copyright infringement

China's artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, which is also known as Xiao-i, has filed a lawsuit against US tech giant Apple, alleging it has infringed on its...

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August 3, 2020
Mass production of first Russian electric car to start by end of year

After pandemic-related delays, Russia's first electric car, called the Zetta, is set to enter serial production in late 2020, the country's Industry and Trade Minister Denis Manturov has revealed. The...

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August 3, 2020
Brentford to earn $200M+ if promoted to Premier League

Brentford can earn more than $200 million over three years in additional revenue by beating west London rival Fulham on Tuesday to secure a return to English football's top division...

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August 3, 2020
Why energy demand is plummeting in the US

As the COVID-19 pandemic continues to keep Americans indoors, demand for energy has fallen to its lowest level since the 1990s. All the way back in April (which may as...

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August 3, 2020
Crude prices slide on oversupply fears as major oil producers set to ramp up production

Oil futures dropped on Monday as members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies led by Russia, known as OPEC+, are set to ease record...

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August 3, 2020
Gold soars to record highs near $2,000 on weaker US dollar & Covid uncertainty

Gold continued its rally amid global pandemic uncertainty, with prices hitting new records to start the week. The price of metal for immediate delivery closed in on $2,000 an ounce....

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August 3, 2020
China’s manufacturing activity rises at fastest pace in nearly a decade, survey shows

The results of a private business survey reveal that China's manufacturing sector continues to rebound from the coronavirus pandemic, recording the strongest expansion since January 2011. The Caixin/Markit manufacturing Purchasing...

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August 2, 2020
Coronavirus costs international tourism three times more than last financial crisis – UN

Before countries started to reopen for travelers, the tourism industry lost over a third of a trillion dollars in revenue as the pandemic brought travel to an almost complete halt,...

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August 2, 2020
German & French arms producers want to reduce use of US technologies in military production – report

France and Germany want to cut their technological dependence on the US – a NATO ally – and rely more on their own products when it comes to manufacturing military...

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August 2, 2020
Central banks on ‘suicide mission’ to explode ‘nuclear monetary bomb’ – RT's Keiser Report

Max Keiser and Stacy Herbert have compared the global monetary system to the “insane nuclear technology” of the past, saying it could easily explode if some central banks continue to...

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August 2, 2020
Russia proposes $20 billion in new investment projects with China

Six new projects, worth $20 billion in total, may soon be added to an already long list of Russia-China joint investment initiatives, Russia's Ministry of Economic Development has revealed. The...

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August 2, 2020
Microsoft & Bytedance reportedly pause TikTok talks after mixed signals from White House

The negotiations on taking control of TikTok operations in the US between Microsoft and ByteDance have reportedly stalled after US President Donald Trump said he would rather ban the popular...

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August 2, 2020
Bitcoin briefly breaks past $12,000, hitting 1-year high

The price of the world's most popular digital currency, bitcoin, has extended its rally and climbed above the psychological $12,000 mark – a level unseen since August, 2019. Bitcoin hit...

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August 1, 2020
Russia building new seaport to boost trade with Iran, India & Kazakhstan

A seaport with a capacity of 12.5 million tons will be constructed in Russia's Kalmykia region, near the city of Lagan. It will connect the operating ports of Iran, India,...

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August 1, 2020
TikTok owners want Microsoft to take over US business in a bid to escape looming ban – report

Chinese firm ByteDance, which owns the popular short-video app, has reportedly offered to completely forgo a stake in the US business of TikTok hours before US President Donald Trump was...

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August 1, 2020
Russia partly resumes international air traffic, reportedly may further ease travel restrictions in 10 days

Russia lifted its blanket ban on international flights on Saturday after months-long suspension due to the Covid-19. Travelers can now go to just a few countries, but some reports say...

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August 1, 2020
Apple is now even BIGGER than Saudi oil behemoth Aramco

Recent market shake-ups have allowed the iPhone maker to topple Saudi Aramco, depriving the oil giant of its long-held title of the world's most valuable company. Apple stocks hit record...

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August 1, 2020
Elon Musk says ‘China rocks’, warns that the US may start losing due to ‘complacency’ & ‘entitlement’

While tensions between the US and China are spiraling, Tesla and SpaceX CEO Elon Musk has warned that America has become too “complacent” with its dominant position and this could...

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July 31, 2020
US becoming more like Greece as national debt explodes, market analyst tells Boom Bust

The US Federal Reserve left interest rates near zero and vowed to use all the tools to support the recovery from an economic downturn that Chairman Jerome Powell called the...

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July 31, 2020
Coronavirus pandemic triggers huge contraction in eurozone economy

The 19 euro-area countries experienced the biggest GDP drop on record during the height of the coronavirus pandemic. The eurozone economy shrank 12.1 percent, while the EU economy as a...

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