Yves here. We have not written much about the BRICS alternative currency project because it seem too much in flux, save for the idea of improving information systems to increase the efficiency of bi-lateral trade. There is also a lot...
Tiny Hippos And Elephants Once Roamed Cyprus, Until Humans Arrived ScienceAlert (Chuck L) Van Gogh’s ‘Starry Night’ Is Surprisingly Scientifically Accurate, Mirroring Complex Atmospheric Physics ZMEScience (Dr. Kevin) Earth will get another moon this month — but not for long!...
Yves here. While this post by Thomas Neuburger extensively quotes an interview of former Lt. Colonel Larry Wilkerson by Andrew Napolitano, I don’t see the inference drawn here, of a coup, as correct. Yes, narrowly speaking, the Biden climbdown and...
Here’s a snapshot of nowcasts and forecasts as of today: Figure 1: GDP (bold black), Summary of Economic Projections median (inverted light green triangle), GDPNow as of 9/18 (light blue square), NY Fed nowcast as of 9/20 (red triangle), FT-Booth...
Readers have responded generously to our last appeal, to meet our final fundraiser goal of $45,000 for more original reporting and to surpass our new donor target of 1500 contributors. We’re now at 1407 donors! We have nearly nine hours...
Unemployment rises in many states, but so does employment (NFP) growth (report). Here’s the diffusion index (mean at 25) for 3 month unemployment rate change. Source: WellsFargo, 20 Sept 2024. The dashed line is Wells Fargo’s assessment of the threshold...
This is Naked Capitalism fundraising week. 1391 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via...
The Naked Capitalism community has spoken! Your generous donations say you want more in-depth reporting, penetrating analysis, trenchant commentary, and darling beasties. You also want to continue and enrich the commentariat, where we together expose propaganda, provide sanity checks, blow...
Polish Foreign Minister Radoslaw Sikorski is calling on European nations to “encourage” Ukrainians who fled their country after the start of the 2022 war to return home to fight Russia. On Friday, September 13 he proposed that Europe “stop paying...
As two potential big bank mergers — both hostile, one cross-border — hang in the balance, Mario Draghi and the editorial boards of the FT and Bloomberg call for a fresh round of European bank consolidation. The last time two...
