Israel conducted the largest military drill it’s held in years during the first half of this week, according to the AP, which described the exercise as intended a simulated “future war” against Hezbollah. The four-day war games concluded on Wednesday, and though pre-planned, came just days following the tanker attack incident in the Gulf of Oman… Read More
Authored by Mike Shedlock via MishTalk, A You-Gov Poll shows some shocking preferences. In the non-news of the day, the Tory leadership challenge is down to 4. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Committed to Brexit A YouGov Poll shows the Tory party wants Brexit even if it would lead to Scotland or Northern Ireland breaking away from… Read More
The United Nations has released a new report focusing on water, sanitation and hygiene around the world. It has found that approximately 2.2 billion people worldwide lack access to safe drinking water, 4.2 billion have to go without safe sanitation services and three billion lack basic handwashing facilities. The report also examined the state of open… Read More
GEM Diamonds has dispensed with the Botswana misadventure that was its Ghaghoo diamond mine, announcing today it would sell the mine’s holding company, Gem Diamond Botswana (GDB), for $5.4m to local company, Pro Civil. GDB posted a loss before tax of $4.9m in the year ended December 31, 2018. The mine had been on care… Read More
FIVE African commercial banks have partnered in a $375m financing deal to build a new diamond mining vessel for a subsidiary of Anglo American’s diamond unit De Beers, said Reuters which named Nedbank Namibia and RMB Namibia among the lenders. They will be joined by Standard Bank, ABSA, and Bank Windhoek which agreed to provide 80%… Read More
Authored by Maria Polizoidou via The Gatestone Institute, A recent speech by U.S. Ambassador to Greece Geoffrey Pyatt is causing Greek officials and the media alarm about American policy. In an address to the 7th Annual Hellenic Air Force Academy Air Power Conferenceon May 15, Pyatt stressed America’s strong support for its long-standing alliance with Greece,… Read More
THE Democratic Republic of Congo (DRC) has deployed troops to protect the property of China Molybdenum’s Tenke Fungurume copper mine, but a watchdog group expressed its concern with the measures which it termed “dangerous”. Citing army spokesman Colonel Emmanuel Kabamba, Reuters said several hundred troops were sent to Tenke Fugurume on June 18 in order to… Read More
The US Army will deploy soldiers to Afghanistan with a new handheld drone it claims will dramatically reduce dead space on the battlefield. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> The 1.16-ounce Black Hornet drone, developed by Prox Dynamics of Norway and later acquired by US-based FLIR Systems, is designed for local surveillance missions over the modern… Read More
[Reuters] Stocks rally, bond yields plunge as Fed fuels rate cut hopes [Reuters] Gold sprints to over 5-year peak after Fed hints at rate cuts [Reuters] China to stand firm as trade talks with U.S. restart: state media [Reuters] Bank of Japan holds fire on policy, warns of heightening global risks [Reuters] Australia’s central bank flags lower rates in jobs… Read More
Authored by Judith Bergman via The Gatestone Institute, In China, censorship, now largely automated, has reached “unprecedented levels of accuracy, aided by machine learning and voice and image recognition.” — Cate Cadell, Reuters, May 26, 2019. As in other Communist regimes, such as that of the former Soviet Union, the Communist ideology does not tolerate… Read More
When the average American thinks about Guatemala, Honduras and El Salvador, their initial impression is typically that these are destitute countries overrun by crime, poverty and malnutrition, with central governments that are, at best, only semi-functioning. The crisis at the southern border has only helped reinforce these perceptions, as the mainstream media spins a narrative… Read More
Ecommerce and the globalization of retail crush distribution channels, wholesalers, local retailers, large retailers, prices, and margins. Transcript of my podcast on Sunday. You can listen to my podcasts on YouTube. Walmart, Macy’s, Best Buy, Home Depot, Nordstrom, etc. — they all spend vast sums of money building out their ecommerce sites and their fulfillment… Read More
Authored by Mahwah Salamah via Off-Guardian.org, What did the domino tile say to its neighbour? “Don’t worry, it is happening far away!” and they both happily continued to stare at their ‘white dots’, ignoring the collapsing carnage down the line. Dominoes aren’t very smart; they are, after all, inanimate objects! <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> People,… Read More
Shockingly, the appeal of men in yoga pants isn’t anywhere near as close to the appeal of women. Lululemon is finding this out the hard way, watching two of its “Men’s exclusive” stores shutter in short order, despite the fact that a large part of the company’s business going forward is going to be reliant on men’s… Read More
Authored by Simon Black via SovereignMan.com, On January 3, 2009, about six months before I launched Sovereign Man more than a decade ago, the Bitcoin blockchain came into existence. 50 bitcoins were mined by the network’s creator in that very first transaction. And within a few days, the first open-source Bitcoin software was released. Few… Read More