The U.S. and Filipino navies kicked off a three-week war game exercise that included drills in the South China Sea as tensions with Beijing increased and just after the U.S. House of Representatives passed a $95 billion war-funding bill with $8 billion earmarked for Taiwan.
ECONOMIC UPDATE – MARKET OVERVIEW
So here is the deal, what is going on in the equity markets has nothing to do with the lives of the plantation workers of Slavelandia. The game is rigged by the Robber Barons who control America’s economy... from top to bottom.
EXPECT VAST CURRENCY DEVALUATION TO ACCELERATE—AND YOU LOSE
Over the weekend CON-gress approved another $95 billion dollar foreign “aid” package, which is in reality a weapons package, for Israel, Ukraine, and Taiwan.
BANK OF AMERICA PARROTS TRENDS JOURNAL FORECAST OF OIL HITTING $130 PER BARREL
What’s old news to Trends Journal subscribers is big news in the mainstream media. A hotter war in the Mideast could add $30 to $40 to the price of a barrel of oil, Bank of America (BoA) analysts warned in a recent note.
OBSOLESCENT GODS: THE FEVER DREAM OF TRANSHUMANISTS
AI is coming, sooner or later, for every human occupation. It will eventually outstrip human abilities to such a degree, that we will not be able to fathom its intelligence.
AS AMERICA ROTS, U.S. HOUSE STEALS NEARLY $100 BILLION TO RAMP UP WWIII
The war pigs in Washington lived up to their reputation on Saturday when they passed the contentious $95 billion military aid package to ensure that the wars in Ukraine and Israel continue on.
WWIII: RUSSIA WARNS THAT WESTERN MILITARY SUPPORT HAS WORLD ON BRINK OF CATASTROPHE
Russia's Minister of Foreign Affairs Sergey Lavrov said in an interview Monday that the U.S. and NATO’s obsession with the idea of handing Moscow a “strategic defeat” in Ukraine has the world on the brink of a major catastrophe.
Global Economy
U.S. RAMPS UP WAR GAMES AGAINST CHINA
The U.S. and Filipino navies kicked off a three-week war game exercise that included drills in the South China Sea as tensions with Beijing increased and just after the U.S. House of Representatives passed a $95 billion war-funding bill with $8 billion earmarked for Taiwan.
LUXURY FIRM LVMH POSTS DISAPPOINTING QUARTERLY RESULTS
LVMH, the luxury house that owns Louis Vuitton fashion, Moët & Chandon champagne, and other high-ticket brands, posted first-quarter revenue of $21.97 billion, 2 percent below the same period in 2023.
MIDEAST WAR CREATING LONG-TERM REGIONAL ECONOMIC INSTABILITY, IMF SAYS
Israel’s war on terror group Hamas, and the overhanging threat of a larger conflict, has created instability in the Middle East that will result in a long-term negative impact on the region’s economy, the International Monetary Fund (IMF) said in its new World Economic Outlook report.
The Israel War
BURIED ALIVE: MASS GRAVE WITH 300 BODIES FOUND AT GAZA HOSPITAL
On Monday, some 300 bodies were found at a hospital in southern Gaza where Israeli forces carried out a two-week-long operation under the auspices of fighting Hamas.
AS AMERICA ROTS, U.S. HOUSE STEALS NEARLY $100 BILLION TO RAMP UP WWIII
The war pigs in Washington lived up to their reputation on Saturday when they passed the contentious $95 billion military aid package to ensure that the wars in Ukraine and Israel continue on.
UNRWA SAYS ISRAEL IS TRYING TO END ITS OPERATIONS IN GAZA, WEST BANK
The head of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) said in an interview last week that Israel hopes to end his organization’s operations in Gaza and the West Bank after banning the agency from delivering aid into Gaza as famine looms.
AI
HOW A LABOR ECONOMIST LEARNED TO LOVE AI
David Autor, a labor economist at the Massachusetts Institute of Technology, has spent decades chronicling technology’s corrosive effects on American incomes and the middle class.
AI DEVELOPMENT IS SPEEDING PAST HUMANS’ ABILITY TO EVALUATE IT
Recently released AI systems are so sophisticated and powerful that they have outstripped the techniques developers use to assess their accuracy, safety, and overall performance, the Financial Times reported.
META, OPENAI SAY THEY SOON WILL RELEASE A “REASONING” AI
Meta and OpenAI, creator of ChatGPT, will soon unveil an AI able to reason and plan ahead, the two companies have announced independently.
Hi-Tech Science
ITALIAN ENERGY GIANT HATCHES PLAN TO SUCK DOWN AND STORE CO2
The Italian city of Ravenna is “very scared about the future of our industries,” which includes steel and fertilizer plants, mayor Michele De Pascale told The New York Times.
TOP TREND 2024, EV GO FU: SOLID-STATE EV BATTERIES ARE A LONG WAY OFF, CATL FOUNDER SAYS
Several companies are refining their approaches to solid-state batteries for electric vehicles (EVs). By swapping a solid electrolyte for the current liquid medium, the new battery design could power EVs’ significantly farther on each charge.
THEY’RE HERE! FACTORIES, WAREHOUSES READY TO HIRE HUMANOID ROBOTS
Boston Dynamics has been beavering away for 32 years to create humanoid robots that can take their place in society. Meet Atlas, your new, fully electric factory and warehouse employee.