From Zero Hedge

  • UK Police Launch Murder Probe After Finding 39 Bodies Inside Truck

    UK Police Launch Murder Probe After Finding 39 Bodies Inside Truck

    Offering a grim break from the flurry of Brexit-related news, first responders in the county of Essex made a horrifying discovery early Wednesday morning: A container truck with 39 bodies inside.

    According to media reports, the bodies were found inside a truck at the Waterglade Industrial Park in Grays, Essex. Of the 39 people found dead, 38 were adults, while one was a teenager.

    In a statement issued Wednesday...


  • WeWork Reportedly Abandons Plan To Move Headquarters Into Lord & Taylor Building

    WeWork Reportedly Abandons Plan To Move Headquarters Into Lord & Taylor Building

    The We Company's rapid unraveling reached another milestone this week as the office-space leasing company with the "transcendental" bent agreed to hand over the reins to SoftBank, its biggest backer, in a deal that valued the unicorn at just $8 billion, a fraction of the $47 billion valuation the company had maintained from a few weeks ago.

    The massive bailout (SoftBank reportedly forked over...


  • Banks May Cut Ties With Facebook If Libra Is Launched: ING CEO

    Banks May Cut Ties With Facebook If Libra Is Launched: ING CEO

    Authored by Adrian Zmudzinksi via CoinTelegraph.com,

    Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers.

    image courtesy of CoinTelegraph

    Bank can choose to “not accept the client”

    Financial news outlet Financial Times reported on Hamers’ remarks on Oct. 22. Per the report, he explained that institutions like ING have to...


  • The End Of Fiat In One Chart

    The End Of Fiat In One Chart

    For the first time in 21 years, Germany has openly bought gold into its reserve holdings.

    Source: Bloomberg

    German reserves climbed to 108.34m oz in September from 108.25m a month earlier.

    Source: Bloomberg

    With ECB mutiny and Deutsche Bank's rapid demise, fears are rising of a looming financial crisis, and with that, Germany has shown a renewed interest in gold.

    As a reminder, September's outright purchase of the precious metal comes after...


  • Physically, Mentally Frail Assange Suffers "Vicious Travesty Of Justice" In Latest Court Appearance

    Physically, Mentally Frail Assange Suffers "Vicious Travesty Of Justice" In Latest Court Appearance

    Authored by Craig Murray,

    I was deeply shaken while witnessing yesterday’s events in Westminster Magistrates Court. Every decision was railroaded through over the scarcely heard arguments and objections of Assange’s legal team, by a magistrate who barely pretended to be listening.

    Before I get on to the blatant lack of fair process, the first thing I must note was Julian’s...


  • How Much Oil Is At Stake In Syria?

    How Much Oil Is At Stake In Syria?

    Though it's as yet uncertain whether the Pentagon is actually going to execute the plan, Trump is mulling keeping a small US troop contingency in Syria in order to "secure the oil". 

    The president said at a cabinet meeting Monday: “I always said if you’re going in, keep the oil,” the WSJ reported. “We’ll work something out with the Kurds so that they have some money, so that they have some cash flow. Maybe we’ll get one of our big oil companies...


  • The UK Reaches A Remarkable Renewable Milestone

    The UK Reaches A Remarkable Renewable Milestone

    Authored by Tsventana Paraskova via OilPrice.com,

    The UK has just ended its first quarter ever in which electricity generation from renewables outpaced fossil fuel-fired power generation - a landmark achievement for the country that started the Industrial Revolution with coal.

    While Britain’s achievement pales in comparison to other renewable champions in Europe and elsewhere, it is nevertheless a milestone that highlights the...


  • The Pathocracy Of The Deep State: Tyranny At The Hands Of A Psychopathic Government

    The Pathocracy Of The Deep State: Tyranny At The Hands Of A Psychopathic Government

    Authored by John Whitehead via The Rutherford Institute,

    “Politicians are more likely than people in the general population to be sociopaths. I think you would find no expert in the field of sociopathy/psychopathy/antisocial personality disorder who would dispute this


  • Visualizing The World's 20 Most Profitable Companies

    Visualizing The World's 20 Most Profitable Companies

    The biggest chunk of the earnings pie is increasingly split by fewer and fewer companies.

    In the U.S. for example, Visual Capitalist's Jeff Desjardins points out that about 50% of all profit generated by public companies goes to just 30 companies — back in 1975, it took 109 companies to accomplish the same feat:

    This power-law dynamic also manifests itself at a global level — and perhaps it’s little surprise that the world’s...


  • The Four A's Of American Policy Failure In Syria

    The Four A's Of American Policy Failure In Syria

    Authored by Scott Ritter via The American Conservative,

    How events in Afghanistan, Astana, Adana, and Ankara all led to the victory of Russian diplomacy over U.S. force


  • The 2020 Election Is Shaping Up To Be An Expensive Run

    The 2020 Election Is Shaping Up To Be An Expensive Run

    President Trump has more cash on hand than any single Democratic primary candidate, a product of his unorthodox campaign that started amassing money his first day in the White House, a move no other president in U.S. history has done.

    While President Trump is gearing up for the general election, there are still 18 Democratic candidates who are fighting to become the party's nominee in the primary. As Statista's Sarah Feldman...


  • China Just Injected The Most Liquidity Since January... And It's Not Enough

    "It’s said to be hard to borrow money in the market this morning mainly due to the coming tax submission which was postponed to this Thursday."