Global News

Recovery …

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– Market “Ominously Hints Recession Imminent” BofA Warns Unless “Unambiguous Pessimism” Leads To Stock Rally

– Business Inventories Grow At Slowest Pace Since Jan, Sales-Ratio Signals Recession Imminent

– Industrial Production Plunges Most In 3 Years As Auto-Maker “Nightmare” Comes True

– Recession Looms As Empire Manufacturing Collapse Show No Signs Of A Bounce

– Retail Sales Disappoints, Tests Recessionary Waters Ahead Of Fed Meeting

 

BMW Chief Faints On Stage During Frankfurt Auto Show

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– BMW Chief Faints On Stage During Frankfurt Auto Show

Back in June we noted that for luxury car manufacturers, the Chinese cash cow is dying. “The enormous growth rates luxury-car makers like us have seen in China in recent years won’t continue,” Porsche CFO Lutz Meschke warned at an event in Atlanta in May and needless to say, the picture has not brightened since then.  

Read moreBMW Chief Faints On Stage During Frankfurt Auto Show

West ‘ignored Russian offer in 2012 to have Syria’s Assad step aside’

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 H/t reader M.G.:

“So much for western propaganda……..the greedy guts want a war, what do they care if millions have lost their homes causing the worst immigration crisis since WW2 and the loss of thousands of lives???? What swine……..”

– West ‘ignored Russian offer in 2012 to have Syria’s Assad step aside’

Brazil announces $17bn in taxes and spending cuts to combat recession

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H/t reader M.G.:

“See what happens when foreign greedy guts down grade your bonds to junk? They get austerity measures passed, even by a relatively humane leadership……
They did keep transaction taxes passed, such as we ought to have in the US….”

– Brazil announces $17bn in taxes and spending cuts to combat recession

Monsanto’s Tobacco Files: University Scientists Caught Conspiring With Biotech Industry to Manipulate Public Opinion on GMOs

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H/t reader squodgy:

“Nothing changes…..certainly not greed, corruption, disinformation or the desire for power…”

– Monsanto’s Tobacco Files: University Scientists Caught Conspiring With Biotech Industry to Manipulate Public Opinion on GMOs

Pope Francis to deliver most speeches in Spanish during US tour

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H/t reader M.G.:

“If anyone doubts that other idiot is still pope, read this…..This clown is a Vatican PR guy, but this is unbelievable. English is still the native language in the US, not Spanish. I don’t often agree with Donald Trump…..but this is one time I do……

Remember the phrase “Divide and Conquer”? Too many forces are at work to tear this country apart….”

– Pope Francis to deliver most speeches in Spanish during US tour