Peter Brabeck-Letmathe has replaced Klaus Schwab as the acting CEO of the World Economic Forum in what appears to be a stage coup. The 80-year-old Austrian businessman spent his career working for Nestle, moving through the ranks from 1968 to 1997 when he was appointed CEO, a position he held until 2008. He remained at […]
Federal Reserve Governor Michael Barr is urging banks to begin collecting behavioral and biometric data from customers to combat deepfake digital content created through ID. These deepfakes are capable of replicating a person’s identity, which “has the potential to supercharge identity fraud,” Barr warned. “In the past, a skilled forger could pass a bad check […]
COMMENT #1: Hi Martin, Looks like Socrate’s forecast for India vs. Pakistan is close. BT COMMENT #2: I confess. I do not know how you do it. You warned us here that India and Pakistan could be at war in 2025, and you said that five years ago when you were here. No wonder the […]
QUESTION: A recent analysis by Allianz economists claimed that, ordinarily, when yields on Treasuries rise, the U.S. dollar strengthens as foreign capital pursues those higher yields. However, the dollar weakened as yields rose. They said that in this instance, it “suggests major holders were not only selling Treasuries but also converting the proceeds into currencies – […]
Our Institutional Report covering all of Europe’s individual countries, with their forecasts generally out to 2032, has been a monumental effort. We greatly appreciate your patience, but this is vital for making decisions about future investments in Europe. Things are certainly different from what they were in the past. Countries like Sweden and Switzerland, which […]
This report covers the fate of Europe and the currency. What this report also does is dive deep into what the European Union is preparing to fund its war through various means, which amount to a forced loan, using private citizens’ savings to fund the war against Russia. This report is quite extensive, covering the Euro, […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 170.52 points or 0.49% to 35,039.15 • Shanghai increased 0.93 points or 0.03% to 3,297.29 • Hang Seng decreased 162.86 points or -0.74% to 21,909.76 • ASX 200 increased 47.70 points or 0.60% to 7,968.20 • SENSEX decreased 315.06 points […]
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NATO has heightened its alert level, placing fighter jets in the “highest state of readiness” in response to Russia’s aggressive strikes in Western Ukraine. The Armed Forces Operational Command confirmed that allied air forces have commenced patrols over Polish airspace near the Ukrainian border. Zelensky’s refusal to accept any peace deal demonstrates he is taking […]
Donald Trump has come out to say that he had no plans to fire Federal Reserve Chairman Jerome Powell. “No, I have no intention of firing him,” Trump told reporters. “I would like to see him be a little more active in terms of his idea to lower interest rates,” the president added. “This is […]
