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Zombie Corporations: Over 10% Of Global Companies Depend On Cheap Fed Money

Authored by Mike Shedlock via www.themaven.net/mishtalk, Ten percent of corporations survive only because central banks have kept real interest rates negative. The BIS defines Zombie firms as those with a ratio of earnings before interest and taxes to interest expenses below one, with the firm aged 10 years or more. In simple terms, Zombies are […]


Europe’s Migrant Crisis: Millions More Still To Come

Authored by Soren Kern via The Gatestone Institute, More than six million migrants are waiting in countries around the Mediterranean to cross into Europe, according to a classified German government report leaked to Bild. "Young people all have cellphones and they can see what's happening in other parts of the world, and that acts as […]


Libyan Slave Markets Create Diplomatic Storm In Africa, UN Security Council To Meet

Anti-slavery protests continued across various world capitals this week, especially in countries across Africa, after earlier protests in France got violent when police used tear gas and other riot control tactics on a crowed of more than one thousand outside of the Libyan embassy in Paris. The protests are in response to last week's widespread reports of slave […]


US Airstrike In Somalia Kills More Than 100 al-Shabab Militants

More than 100 al-Shabaab militants were killed Tuesday in the latest US airstrike in Somalia the Pentagon announced, the latest in a series of strikes against the al Qaeda affiliated group and ISIS fighters in the war-torn country meant to support the local government. The strike occurred 125 miles northwest of the capital of Mogadishu, […]


Libya’s Slave Auctions And African Genocide: What Hillary Knew

A new CNN investigation has uncovered a network of slave markets operating in warehouses in various cities across Libya six years after NATO-led intervention in the country toppled the government of Muammar Gaddafi in support of US and UK backed rebels. And not only did CNN confirm the presence of slave auctions where human beings are being sold for […]


Zimbabwe’s Military Seizes Power, Holds President Mugabe

We noted yesterday that Zimbabwe military commander, General Constantino Chiwenga, said on state television that he was not launching a military coup, while Mugabe and his family were safe, they were targeting criminals around the Mugabe family and the situation will return to normal soon. Well, that changed fast and with events fluid, the latest […]


Key Events In The Coming Week: Taxes, Inflation, Yellen, Draghi, Kuroda And Brexit

This week’s economic calendar features several key data releases and Fedspeak. The main data release in US include: CPI inflation, retail sales, industrial production, housing data and monthly budget statement. We also get the latest GDP and CPI reading across the Euro Area; the employment report in the UK and AU, Japan GDP, China IP, […]


US Launches First Airstrike Against ISIS Fighters In Somalia

The Pentagon’s gradually escalating combat mission in Somalia reached another important milestone Friday – one of many that have occurred since the inauguration of President Donald Trump – when the military revealed that it had carried out the first airstrikes against Islamic State-linked fighters in Somalia. The news comes as ISIS forces in Syria were […]


Rand Volatility Surging Ahead Of ANC Leadership Conference

Volatility in the Rand is surging in the run up to a conference when the ruling ANC could replace Jacob Zuma as its leader. According to Bloomberg, the South African rand’s price swings are set to increase over the next two months as the ruling African National Congress prepares to replace President Jacob Zuma as […]


West Eyes Recolonization Of Africa With Endless War; Removing Gaddafi Was First Step

Authored by Dan Glazebrook via RT.com, Exactly six years ago, on October 20th, 2011, Muammar Gaddafi was murdered, joining a long list of African revolutionaries martyred by the West for daring to dream of continental independence. Earlier that day, Gaddafi’s hometown of Sirte had been occupied by Western-backed militias, following a month-long battle during which […]


Meanwhile, In Lithium Markets…

The last week – since China unveiled its hypocritical plan to ban petrol cars – has seen record inflows into Lithium-related funds. Trading volumes have exploded higher and prices for LIT (the Lithium and Battery Tech ETF) are back to near 6 year highs. h/t @EricBalchunas   Never one to miss out on an opportunity, […]