Zero Hedge


After Massive Web Outage, Akamai Implements “Fix”, Says “Not Cyberattack”

Websites worldwide are slowly coming back online as Akamai tweets the ongoing situation "was not a result of a cyberattack on the Akamai platform."

The Fallacy Of Climate Financial Risk

The idea that climate change poses a threat to the financial system is absurd, not least because everyone already knows that global warming is happening and that fossil fuels are being phased out. The new push for climate-related financial regulation is not really about risk; it is about a political agenda.

Powell Tells Senate He’s “Not Concerned” With Rising Cost Of Living

Powell has made some more eye-catching comments, the first concerning keeping the public focused on "risk management".

Capitol Police To Use Military Surveillance Equipment In Role As ‘Intelligence-Based Protective Agency’

In response to the January 6 Capitol riot, US Capitol Police will begin employing military surveillance equipment used by the Army in what the Washington Times described as part of "sweeping security upgrades" as the force transforms into "an intelligence-based protective agency."

United Airlines Purchases 100 New Electric Planes For Regional Flights

United Airlines' move to reduce emissions has landed it with the plan to purchase 100 small electric passenger planes that will one day be used for regional flights. United has an ambitious net-zero greenhouse gas emissions goal by 2050.

Arizona Senate Conducting New Count Of Maricopa County Ballots

The ballots cast in Arizona’s largest county in the 2020 election will be counted for a third time on orders from the state’s Senate.

Basel III & CBDCs: The Seismic Changes Facing The Global Financial System

The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.

Manufacturing Surveys Disappoint In June, Signal Looming Stagflationary Threat

Despite slumping 'hard' data, 'soft' survey data has been trending higher on a bed of soaring prices (well it must be demand), and supplier delivery delays (well it must be demand) providing any and all asset-gatherers and commission-rakers the ammo to confirm the recovery.

The Pandemic Is Over According To 57% Of Republicans… And 4% Of Democrats

Although a record-high 89% of Americans now say the coronavirus situation is improving, most are not yet ready to declare the pandemic over in the U.S. More than twice as many think the pandemic is not yet over (71%) than think it is over (29%).

More Tesla Owners Considering Switching To European Luxury EV Brands

Sound the alarm bells: it appears that some of the most fervent Tesla cultists could be beginning to stray from the path in what could be an ominous sign for an automaker that has relied heavily on its cult status to stay afloat.

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