Saving Jobs Won’t Save Us From Jaws
Mario Draghi’s sunset retirement festivities weren’t supposed to have gone off this way. Celebrated for his July 2012 “promise” to save the euro, he instead spent the entirety of his…
Day: December 3, 2020
Salesforce to Buy Workplace App Slack in $27.7 Billion Deal
(Reuters) - Salesforce.com Inc has agreed to buy workplace messaging app Slack Technologies Inc in a $27.7 billion deal, the biggest by the cloud-computing pioneer as it bets on an…
Uneven African Demand Spurs Divergence in Support for Asian Transportation Fuels
Singapore — Uneven demand recovery in Africa has led to a divergence in support for Asian transportation fuel markets as gasoil and jet fuel requirements weaken while demand for gasoline…
Dalio: The United States Is At A Tipping Point That Could Lead To Revolution Or Civil War
It was almost exactly ten years ago that we first predicted that the Fed's "moronic" QE which has sparked an unprecedented class, income and wealth divide, "positions US society one…
Communities in the Pandemic
Our Covid-19 predicament has been compared to many historical episodes: some consider it on the same order as a war, others a crisis of the magnitude of the Great Depression.
Glimmers of Hope for World Economy, But Dangers Lurk
PARIS (AP) — Vendors broke out in applause in the flagship Galeries Lafayette department store in Paris as eager shoppers returned for the first time in a month, after yet…