Corretor Forex Coronel Fabriciano - Blogger

South Korea's central bank reported an increase in daily forex output

South Korea's central bank reported an increase in daily forex output

📰 South Korea's central bank reported an increase in daily forex output

🔎 Read the full article here:

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submitted by WikiBitPH to WikiBitPH [link] [comments]

How can I get the daily report of USA economy for day trading in forex.

I am a forex trader and I want to know how can I get the daily report of USA economy.
So, that I can decide to be bullish or bearish in the market.
submitted by ayush7749 to economy [link] [comments]

How can I get the daily report of Us economy for Forex day trading? So, that I can decide to be bullish or bearish on the market.

I am a forex trader and I want to know how can I get the daily report of USA economy.
So, that I can decide to be bullish or bearish in the market.
submitted by ayush7749 to Forex [link] [comments]

This is not complaint advice

This is not complaint advice. This is a list of financial institution website resources that may or may not be useful.
Credit and thanks to:
note: suggestions, improvements, corrections are welcome








Middle East

North America


South America


Islamic Emirate of Afghanistan

Åland Islands

Republic of Albania

People's Democratic Republic of Algeria

Principality of American Samoa

Principality of Andorra


Antigua and Barbuda

Argentine Republic (Argentina)

Republic of Armenia


Commonwealth of Australia

Republic of Austria

Azerbaijan Republic

Commonwealth of The Bahamas

Kingdom of Bahrain

People's Republic of Bangladesh


Republic of Belarus

Kingdom of Belgium



Kingdom of Bhutan

Plurinational State of Bolivia

Bosnia and Herzegovina (Bosnia–Herzegovina)

Federative Republic of Brazil

British Virgin Islands

Brunei Darussalam

Republic of Bulgaria

Kingdom of Cambodia (Kampuchea)


Cayman Islands

Republic of Chile

People's Republic of China

Republic of Colombia

Republic of Costa Rica

Republic of Côte d'Ivoire (Ivory Coast)

Republic of Croatia

Republic of Cyprus

Czech Republic (Czechia/Bohemia)


Republic of Djibouti

Commonwealth of Dominica

Dominican Republic

Republic of Ecuador

Arab Republic of Egypt

State of Eritrea

Republic of Estonia

Falkland Islands

Faroe Islands (Faroes/Faeroes)

Republic of Fiji

Republic of Finland

French Republic (France)

Gabonese Republic (Gabon)

Republic of Georgia

Federal Republic of Germany

Republic of Ghana


Hellenic Republic (Greece)



Republic of Guatemala

Republic of Guinea / République de Guinée

Republic of Haiti

Republic of Honduras

Hong Kong



Republic of India

Republic of Indonesia

Islamic Republic of Iran

Republic of Iraq / جُمْهُورِيَّة ٱلْعِرَاق / کۆماری عێراق / Komarî Êraq

Republic of Ireland

Isle of Man (Mann)

State of Israel

Italian Republic (Italy)



Hashemite Kingdom of Jordan

Republic of Kazakhstan

Republic of Kenya

Republic of Kiribati

Republic of Kosovo

State of Kuwait

Republic of Latvia

Republic of Lebanon / Lebanese Republic

Principality of Liechtenstein

Republic of Lithuania

Grand Duchy of Luxembourg

Macao / Macau

Republic of Madagascar


Republic of Maldives

Republic of Malta

Republic of the Marshall Islands

Republic of Mauritius

United Mexican States (Mexico)

Federated States of Micronesia

Republic of Moldova


Kingdom of Morocco

Republic of the Union of Myanmar (Burma)

Republic of Nauru

Federal Democratic Republic of Nepal

Kingdom of the Netherlands: Aruba, Curaçao, the Netherlands (Holland), and Sint Maarten / Koninkrijk der Nederlanden: Aruba, Kòrsou, Nederland, and Sint Maarten

New Zealand

Republic of Nicaragua

Federal Republic of Nigeria

Republic of North Macedonia

Kingdom of Norway

Sultanate of Oman

Islamic Republic of Pakistan

Republic of Palau

State of Palestine / Palestinian National Authority / السلطة الوطنية الفلسطينية

Republic of Panama

Independent State of Papua New Guinea

Republic of Paraguay

Republic of Peru

Republic of the Philippines

Republic of Poland

Portuguese Republic (Portugal)

Commonwealth of Puerto Rico

State of Qatar


Russia (Russian Federation)

Saint Lucia

Saint Vincent and The Grenadines

Independent State of Samoa

Kingdom of Saudi Arabia

Republic of Senegal

Republic of Serbia

Republic of Singapore

Slovak Republic (Slovakia)

Republic of Slovenia

Solomon Islands

Federal Republic of Somalia

Republic of South Africa

Republic of South Korea

Republic of South Sudan

Kingdom of Spain

Democratic Socialist Republic of Sri Lanka

Republic of Sudan

Kingdom of Sweden

Swiss Confederation (Switzerland)

Syrian Arab Republic (Syria)


Kingdom of Thailand

Democratic Republic of Timor-Leste (East Timor)

Kingdom of Tonga

Trinidad and Tobago

Republic of Tunisia

Republic of Turkey



United Arab Emirates

United Kingdom (Great Britain (England / Scotland / Wales) / Northern Ireland )

United States of America

Oriental Republic of the Uruguay

Republic of Vanuatu

Bolivarian Republic of Venezuela

Socialist Republic of Vietnam

Virgin Islands of the United States (United States Virgin Islands)

Republic of Yemen

Additional Informational Resources

Also see:
submitted by jkhanlar to DRSyourGME [link] [comments]

All in one app! I don’t know if anyone has a decent app for information this is what I use. Especially for the daily country reports for forex.

All in one app! I don’t know if anyone has a decent app for information this is what I use. Especially for the daily country reports for forex. submitted by JasonA121 to Howtotrade [link] [comments]

Report flags Kenya as a hotspot for human trafficking - Business Daily

Report flags Kenya as a hotspot for human trafficking - Business Daily submitted by kyussdourden to HumanTraffickingNews [link] [comments]

Ultimate Free Forex Signals - Here at Gorilla Forex Signals, we provide free and VIP forex signals. Absolutely no spam, just daily forex signals only and weekly reports.

Ultimate Free Forex Signals - Here at Gorilla Forex Signals, we provide free and VIP forex signals. Absolutely no spam, just daily forex signals only and weekly reports. submitted by gorillaforexsignals to u/gorillaforexsignals [link] [comments]

Daily Forex Report - Changing the Financial World With Jed McCaleb

Daily Forex Report - Changing the Financial World With Jed McCaleb submitted by MrHodlsworth to Stellar [link] [comments]

At least 2.1 million men are abused daily by women in Kenya, according to report by Maendeleo ya Wanaume (Mawa)/(Development Of Men). The worst hit, men from the age of 60, findings revealing that 95 per cent of them are physically, emotionally and economically abused

At least 2.1 million men are abused daily by women in Kenya, according to report by Maendeleo ya Wanaume (Mawa)/(Development Of Men). The worst hit, men from the age of 60, findings revealing that 95 per cent of them are physically, emotionally and economically abused submitted by Imnotmrabut to MensRights [link] [comments]

Forex Daily Turnover Down from $5.3 Trillion to $5.1 Trillion According to BIS Triennial Report

Forex Daily Turnover Down from $5.3 Trillion to $5.1 Trillion According to BIS Triennial Report submitted by enivid to Forex [link] [comments]

Forex Trading – The daily report of currencies, gold and oil

Forex Trading – The daily report of currencies, gold and oil submitted by borseclub to u/borseclub [link] [comments]

Strange Things Volume II: Triffin's Dilemma and The Dollar Milkshake

Strange Things Volume II: Triffin's Dilemma and The Dollar Milkshake
As the Fed begins their journey into a deflationary blizzard, they are beginning to break markets across the globe. As the World Reserve Currency, over 60% of all international trade is done in Dollars, and USDs are the largest Foreign Exchange (Forex) holdings by far for global central banks. Now all foreign currencies are crashing against the Dollar as the vicious feedback loops of Triffin’s Dilemma come home to roost. The Dollar Milkshake has begun.
The Fed, knowingly or unknowingly, has walked into this trap- and now they find themselves caught underneath the Sword of Damocles, with no way out…

Sword Of Damocles
“The famed “sword of Damocles” dates back to an ancient moral parable popularized by the Roman philosopher Cicero in his 45 B.C. book “Tusculan Disputations.” Cicero’s version of the tale centers on Dionysius II, a tyrannical king who once ruled over the Sicilian city of Syracuse during the fourth and fifth centuries B.C.
Though rich and powerful, Dionysius was supremely unhappy. His iron-fisted rule had made him many enemies, and he was tormented by fears of assassination—so much so that he slept in a bedchamber surrounded by a moat and only trusted his daughters to shave his beard with a razor.
As Cicero tells it, the king’s dissatisfaction came to a head one day after a court flatterer named Damocles showered him with compliments and remarked how blissful his life must be. “Since this life delights you,” an annoyed Dionysius replied, “do you wish to taste it yourself and make a trial of my good fortune?” When Damocles agreed, Dionysius seated him on a golden couch and ordered a host of servants wait on him. He was treated to succulent cuts of meat and lavished with scented perfumes and ointments.
Damocles couldn’t believe his luck, but just as he was starting to enjoy the life of a king, he noticed that Dionysius had also hung a razor-sharp sword from the ceiling. It was positioned over Damocles’ head, suspended only by a single strand of horsehair.
From then on, the courtier’s fear for his life made it impossible for him to savor the opulence of the feast or enjoy the servants. After casting several nervous glances at the blade dangling above him, he asked to be excused, saying he no longer wished to be so fortunate.”
Damocles’ story is a cautionary tale of being careful of what you wish for- Those who strive for power often unknowingly create the very systems that lead to their own eventual downfall. The Sword is often used as a metaphor for a looming danger; a hidden trap that can obliterate those unaware of the great risk that hegemony brings.
Heavy lies the head which wears the crown.

There are several Swords of Damocles hanging over the world today, but the one least understood and least believed until now is Triffin’s Dilemma, which lays the bedrock for the Dollar Milkshake Theory. I’ve already written extensively about Triffin’s Dilemma around a year ago in Part 1.5 and Part 4.3 of my Dollar Endgame Series, but let’s recap again.
Here’s a great summary- read both sides of the dilemma:

Triffin's Dilemma Summarized

(Seriously, stop here and go back and read Part 1.5 and Part 4.3 Do it!)

Essentially, Triffin noted that there was a fundamental flaw in the system: by virtue of the fact that the United States is a World Reserve Currency holder, the global financial system has built in GLOBAL demand for Dollars. No other fiat currency has this.
How is this demand remedied? With supply of course! The United States thus is forced to run current account deficits - meaning it must send more dollars out into the world than it receives on a net basis. This has several implications, which again, I already outlined- but I will list in summary format below:
  1. The United States has to be a net importer, ie it must run trade deficits, in order to supply the world with dollars. Remember, dollars and goods are opposite sides of the same equation, so a greater trade deficits means that more dollars are flowing out to the world.
  2. (This will devastate US domestic manufacturing, causing political/social/economic issues at home.)
  3. These dollars flow outwards into the global economy, and are picked up by institutions in a variety of ways.
  4. First, foreign central banks will have to hold dollars as Foreign Exchange Reserves to defend their currency in case of attack on the Forex markets. This was demonstrated during the Asian Financial Crisis of 1997-98, when the Thai Baht, Malaysian Ringgit, and Philippine Peso (among other East Asian currencies) plunged against the Dollar. Their central banks attempted to defend the pegs but they failed.
  5. Second, companies will need Dollars for trade- as the USD makes up over 60% of global trade volume, and has the deepest and most liquid forex market by far, even small firms that need to transact cross border trade will have to acquire USDs in order to operate. When South Africa and Chile trade, they don’t want to use Mexican Pesos or Korean Won- they want Dollars.
  6. Foreign governments need dollars. There are several countries already who have adopted the Dollar as a replacement for their own currency- Ecuador and Zimbabwe being prime examples. There’s a full list here.
  7. Third world governments that don’t fully adopt dollars as their own currencies will still use them to borrow. Argentina has 70% of it’s debt denominated in dollars and Indonesia has 30%, for example. Dollar-denominated debt will build up overseas.
The example I gave in Part 1.5 was that of Liberia, a small West African Nation looking to enter global trade. Needing to hold dollars as part of their exchange reserves, the Liberian Central Bank begins buying USDs on the open market. The process works in a similar fashion for large Liberian export companies.

Dollar Recycling

Essentially, they print their own currency to buy Dollars. Wanting to earn interest on this massive cash hoard when it isn’t being used, they buy Treasuries and other US debt securities to get a yield.
As their domestic economy grows, their need and dependence on the Dollar grows as well. Their Central Bank builds up larger and larger hoards of Treasuries and Dollars. The entire thesis is that during times of crisis, they can sell the Treasuries for USD, and use the USDs to buy back their own currency on the market- supporting its value and therefore defending the peg.
This buying pressure on USDs and Treasuries confers a massive benefit to the United States-

The Exorbitant Privilege

This buildup of excess dollars ends up circulating overseas in banks, trade brokers, central banks, governments and companies. These overseas dollars are called the Eurodollar system- a 2016 research paper estimated the size to be around $13.8 Trillion USD. This system is not under official Federal Reserve jurisdiction so it is difficult to get accurate numbers on its size.

This means the Dollar is always artificially stronger than it should be- and during financial calamity, the dollar is a safe haven as there are guaranteed bidders.
All this dollar denominated debt paired with the global need for dollars in trade creates strong and persistent dollar demand. Demand that MUST be satisfied.
This creates systemic risk on a worldwide scale- an unforeseen Sword of Damocles that hangs above the global financial system. I’ve been trying to foreshadow this in my Dollar Endgame Series.
Triffin’s Dilemma is the basis for the Dollar Milkshake Theory posited by Brent Johnson.

The Dollar Milkshake

Milkshake of Liquidity
In 2021, Brent worked with RealVision to create a short summary of his thesis- the video can be found here. I should note that Brent has had this theory for years, dating back to 2018, when he first came on podcasts and interviews and laid out his theory (like this video, for example).
Here’s the summary below:
“A giant milkshake of liquidity has been created by global central banks with the dollar as its key ingredient - but if the dollar moves higher this milkshake will be sucked into the US creating a vicious spiral that could quickly destabilize financial markets.
The US dollar is the bedrock of the world's financial system. It greases the wheels of global commerce and exchange- the availability of dollars, cost of dollars, and the level of the dollar itself each can have an outsized impact on economies and investment opportunities.
But more important than the absolute level or availability of dollars is the rate of change in the level of the dollar. If the level of the dollar moves too quickly and particularly if the level rises too fast then problems start popping up all over the place (foreign countries begin defaulting).
Today however many people are convinced that both the role of the Dollar is diminishing and the level of the dollar will only decline. People think that the US is printing so many dollars that the world will be awash with the greenback causing the value of the dollar to fall.
Now it's true that the US is printing a lot of dollars – but other countries are also printing their own currencies in similar amounts so in theory it should even out in terms of value.
But the hidden issue is the difference in demand. Remember the global financial system is built on the US dollar which means even if they don't want them everybody still needs them and if you need something you don't really have much choice. (See DXY Index):

DXY Index

Although many countries like China are trying to reduce their reliance on dollar transactions this will be a very slow transition. In the meantime the risks of a currency or sovereign debt crisis continue to rise.
But now countries like China and Japan need dollars to buy copper from Australia so the Chinese and the Japanese owe dollars and Australia is getting paid in dollars.
Europe and Asia currently doing very limited amount of non-dollar transactions for oil so they still need dollars to buy oil from saudi and again dollars get hoovered up on both sides
Asia and Europe need dollars to buy soybeans from Brazil. This pulls in yet more dollars - everybody needs dollars for trade invoices, central bank currency reserves and servicing massive cross-border dollar denominated debts of governments and corporations outside the USA.
And the dollar-denominated debt is key- if they don't service their debts or walk away from their dollar debts their funding costs rise putting great financial pressure on their domestic economies. Not only that, it can lead to a credit contraction and a rapid tightening of dollar supply.
The US is happy with the reliance on the greenback they own the settlement system which benefits the US banks who process all the dollars and act as gatekeepers to the Dollar system they police and control the access to the system which benefits the US military machine where defense spending is in excess of any other country so naturally the US benefits from the massive volumes of dollar usage.

Other countries have naturally been grumbling about being held hostage to the situation but the choices are limited. What it does mean is that dollars need to be constantly sucked out of the USA because other countries all over the world need them to do business and of course the more people there are who need and want those dollars the more is the pressure on the price of dollars to go up.
In fact, global demand is so high that the supply of dollars is just not enough to keep up, even with the US continually printing money. This is why we haven't seen consistently rising US inflation despite so many QE and stimulus programs since the global financial crisis in 2008.
But, the real risk comes when other economies start to slow down or when the US starts to grow relative to the other economies. If there is relatively less economic activity elsewhere in the world then there are fewer dollars in global circulation for others to use in their daily business and of course if there are fewer in circulation then the price goes up as people chase that dwindling source of dollars.
Which is terrible for countries that are slowing down because just when they are suffering economically they still need to pay for many goods in dollars and they still need to service their debts which of course are often in dollars too.

So the vortex begins or as we like to say the dollar milkshake- As the level of the dollar rises the rest of the world needs to print more and more of its own currency to then convert to dollars to pay for goods and to service its dollar debt this means the dollar just keeps on rising in response many countries will be forced to devalue their own currencies so of course the dollar rises again and this puts a huge strain on the global system.
(see the charts below:)



To make matters worse in this environment the US looks like an attractive safe haven so the US ends up sucking in the capital from the rest of the world-the dollar rises again. Pretty soon you have a full-scale sovereign bond and currency crisis.

We're now into that final napalm run that sees the dollar and dollar assets accelerate even higher and this completely undermines global markets. Central banks try to prevent disorderly moves, but the global markets are bigger and the momentum unstoppable once it takes hold.
And that is the risk that very few people see coming but that everyone should have a hedge against - when the US sucks up the dollar milkshake, bad things are going to happen.
Worst of all there's no alternatives- what are you going to use-- Chinese Yuan? Japanese Yen? the Euro??
Now, like it or not we're stuck with a dollar underpinning the global financial system.”
Why is it playing out now, in real time?? It all leads back to a tweet I made in a thread on September 16th.

Tweet Thread about the Yuan

The Fed, rushing to avoid a financial crisis in March 2020, printed trillions. This spurred inflation, which they then swore to fight. Thus they began hiking interest rates on March 16th, and began Quantitative Tightening this summer.
QE had stopped- No new dollars were flowing out into a system which has a constant demand for them. Worse yet, they were hiking completely blind-
Although the Fed is very far behind the curve, (meaning they are hiking far too late to really combat inflation)- other countries are even farther behind!
Japan has rates currently at 0.00- 0.25%, and the Eurozone is at 1.25%. These central banks have barely begun hiking, and some even swear to keep them at the zero-bound. By hiking domestic interest rates above foreign ones, the Fed is incentivizing what are called carry trades.
Since there is a spread between the Yen and the Dollar in terms of interest rates, it thus is profitable for traders to borrow in Yen (shorting it essentially) and buy Dollars, which can earn 2.25% interest. The spread would be around 2%.
DXY rises, and the Yen falls, in a vicious feedback loop.
Thus capital flows out of Japan, and into the US. The US sucks up the Dollar Milkshake, draining global liquidity. As I’ve stated before, this has seriously dangerous implications for the global financial system.
For those of you who don’t believe this could be foreseen, check out the ending paragraphs of Dollar Endgame Part 4.3 - “Economic Warfare and the End of Bretton Woods” published February 16, 2022:

Triffin's Dilemma is the Final Nail

What I’ve been attempting to do in my work is restate Triffins’ Dilemma, and by extension the Dollar Milkshake, in other terms- to come at the issue from different angles.
Currently the Fed is not printing money. Which is thus causing havoc in global trade (seen in the currency markets) because not enough dollars are flowing out to satisfy demand.
The Fed must therefore restart QE unless it wants to spur a collapse on a global scale. Remember, all these foreign countries NEED to buy, borrow and trade in a currency that THEY CANNOT PRINT!
We do not have enough time here to go in depth on the Yen, Yuan, Pound or the Euro- all these currencies have different macro factors and trade factors which affect their currencies to a large degree. But the largest factor by FAR is Triffin’s Dilemma + the Dollar Milkshake, and their desperate need for dollars. That is why basically every fiat currency is collapsing versus the Dollar.
The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to fight inflation, global consequences be damned!!” - But that’s a hell of a lot more difficult to follow when large G7 countries are in the early stages of a full blown currency crisis.
The most serious implication is that the Fed is responsible for supplying dollars to everyone. When they raise rates, they trigger a margin call on the entire world. They need to bail them out by supplying them with fresh dollars to stabilize their currencies.
In other words, the Fed has to run the loosest and most accommodative monetary policy worldwide- they must keep rates as low as possible, and print as much as possible, in order to keep the global financial system running. If they don’t do that, sovereigns begin to blow up, like Japan did last week and like England did on Wednesday.
And if the world’s financial system implodes, they must bail out not only the United States, but virtually every global central bank. This is the Sword of Damocles. The money needed for this would be well in the dozens of trillions.
The Dollar Endgame Approaches…


(Many of you have been messaging me with questions, rebuttals or comments. I’ll do my best to answer some of the more poignant ones here.)

Q: I’ve been reading your work, you keep saying the dollar is going to fall in value, and be inflated away. Now you’re switching sides and joining the dollar bull faction. Seems like you don’t know what you’re talking about!
A: You’re mixing up my statements. When I discuss the dollar losing value, I am referring to it falling in ABSOLUTE value, against goods and services produced in the real economy. This is what is called inflation. I made this call in 2021, and so far, it has proven right as inflation has accelerated.
The dollar gaining strength ONLY applies to foreign currency exchange markets (Forex)- remember, DXY, JPYUSD, and other currency pairs are RELATIVE indicators of value. Therefore, both JPY and USD can be falling in real terms (inflation) but if one is falling faster, then that one will lose value relative to the other. Also, Forex markets are correlated with, but not an exact match, for inflation.
I attempted to foreshadow the entire dollar bull thesis in the conclusion of Part 1 of the Dollar Endgame, posted well over a year ago-

Unraveling of the Currency Markets

I did not give an estimate on when this would happen, or how long DXY would be whipsawed upwards, because I truly do not know.
I do know that eventually the Fed will likely open up swap lines, flooding the Eurodollar market with fresh greenbacks and easing the dollar short squeeze. Then selling pressure will resume on the dollar. They would only likely do this when things get truly calamitous- and we are on our way towards getting there.
The US bond market is currently in dire straits, which matches the prediction of spiking interest rates. The 2yr Treasury is at 4.1%, it was at 3.9% just a few days ago. Only a matter of time until the selloff gets worse.
Q: Foreign Central banks can find a way out. They can just use their reserves to buy back their own currency.
Sure, they can try that. It’ll work for a while- but what happens once they run out of reserves, which basically always happens? I can’t think of a time in financial history that a country has been able to defend a currency peg against a sustained attack.

Global Forex Reserves

They’ll run out of bullets, like they always do, and basically the only option left will be to hike interest rates, to attract capital to flow back into their country. But how will they do that with global debt to GDP at 356%? If all these countries do that, they will cause a global depression on a scale never seen before.
Britain, for example, has a bit over $100B of reserves. That provides maybe a few months of cover in the Forex markets until they’re done.
Furthermore, you are ignoring another vicious feedback loop. When the foreign banks sell US Treasuries, this drives up yields in the US, which makes even more capital flow to the US! This weakens their currency even further.

FX Feedback Loop

To add insult to injury, this increases US Treasury borrowing costs, which means even if the Fed completely ignores the global economy imploding, the US will pay much more in interest. We will reach insolvency even faster than anyone believes.
The 2yr Treasury bond is above 4%- with $31T of debt, that means when we refinance we will pay $1.24 Trillion in interest alone. Who's going to buy that debt? The only entity with a balance sheet large enough to absorb that is the Fed. Restarting QE in 3...2…1…
Q: I live in England. With the Pound collapsing, what can I do? What will happen from here? How will the governments respond?
England, and Europe in general, is in serious trouble. You guys are currently facing a severe energy crisis stemming from Russia cutting off Nord Stream 1 in early September and now with Nord Stream 2 offline due to a mysterious leak, energy supplies will be even more tight.
Not to mention, you have a pretty high debt to GDP at 95%. Britain is a net importer, and is still running government deficits of £15.8 billion (recorded in Q1 2022). Basically, you guys are the United States without your own large scale energy and defense sector, and without Empire status and a World Reserve Currency that you once had.
The Pound will almost certainly continue falling against the Dollar. The Bank of England panicked on Wednesday in reaction to a $100M margin call on British pension funds, and now has begun buying long dated (10yr) gilts, or government bonds.
They’re doing this as inflation is spiking there even worse than the US, and the nation faces a currency crisis as the Pound is nearing parity with the Dollar.

BOE announces bond-buying scheme (9/28/22)

I will not sugarcoat it, things will get rough. You need to hold cash, make sure your job, business, or investments are secure (ie you have cashflow) and hunker down. Eliminate any unnecessary purchases. If you can, buy USDs as they will likely continue to rise and will hold value better than your own currency.
If Parliament goes through with more tax cuts, that will only make the fiscal situation worse and result in more borrowing, and thus more money printing in the end.
Q: What does this mean for Gamestop? For the domestic US economy?
Gamestop will continue to operate as I am sure they have been- investing in growth and expanding their Web3 platform.
Fiat is fundamentally broken. This much is clear- we need a new financial system not based on flawed 16th fractional banking principles or “trust me bro” financial intermediaries.
My hope is that they are at the forefront of a new financial system which does not require centralized authorities or custodians- one where you truly own your assets, and debasement is impossible.
I haven’t really written about GME extensively because it’s been covered so well by others, and I don’t feel I have that much to add.
As for the US economy, we are still in a deep recession, no matter what the politicians say- and it will get worse. But our economic troubles, at least in the short term (6 months) will not be as severe as the rest of the world due to the aforementioned Dollar Milkshake.
The debt crisis is still looming, midterms are approaching, and the government continues to deficit spend as if there’s no tomorrow.
As the global monetary system unravels, yields will spike, the deleveraging will get worse, and our dollar will get stronger. The fundamental factors continue to deteriorate.
I’ve covered the US enough so I'll leave it there.
Q: Did you know about the Dollar Milkshake Theory before recently? What did you think of it?
Of course I knew about it, I’ve been following Brent Johnson since he appeared on RealVision and Macrovoices. He laid out the entire theory in 2018 in a long form interview here. I listened to it maybe a couple times, and at the time I thought he was right- I just didn’t know how right he was.
Brent and I have followed each other and been chatting a little on Twitter- his handle is SantiagoAuFund, I highly recommend you give him a follow.

Twitter Chat

I’ve never met him in person, but from what I can see, his predictions are more accurate than almost anyone else in finance. Again, all credit to him- he truly understands the global monetary system on a fundamental level.
I believed him when he said the dollar would rally- but the speed and strength of the rally has surprised me. I’ve heard him predict DXY could go to 150, mirroring the massive DXY squeeze post the 1970s stagflation. He could very easily be right- and the absolute chaos this would mean for global trade and finance are unfathomable.

History of DXY

Q: The Pound and Euro are falling just because of the energy crisis there. That's it!
Why is the Yen falling then? How about the Yuan? Those countries are not currently undergoing an energy crisis. Let’s review the year to date performance of most fiat currencies vs the dollar:
Japanese Yen: -20.31%
Chinese Yuan: -10.79%
South African Rand: -10.95%
English Pound: -18.18%
Euro: -14.01%
Swiss Franc: -6.89%
South Korean Won: -16.73%
Indian Rupee: -8.60%
Turkish Lira: -27.95%
There are only a handful of currencies positive against the dollar, the most notable being the Russian Ruble and the Brazilian Real- two countries which have massive commodity resources and are strong exporters. In an inflationary environment, hard assets do best, so this is no surprise.
Q: What can the average person do to prepare? What are you doing?
Obligatory this is NOT financial advice
This is an extremely difficult question, as there are so many factors. You need to ask yourself, what is your financial situation like? How much disposable income do you have? What things could you cut back on? I can’t give you specific ideas without knowing your situation.
Personally, I am building up savings and cutting down on expenses. I’m getting ready for a severe recession/depression in the US and trying to find ways to increase my income, maybe a side hustle or switching jobs.
I am holding my GME and not selling- I still have some shares in Fidelity that I need to DRS (I know, sorry, I was procrastinating).
For the next few months, I believe there will be accelerating deflation as interest rates spike and the debt cycle begins to unwind. But like I’ve stated before, this will lead us towards a second Great Depression very rapidly, and to avoid the deflationary blizzard the Fed will restart QE on a scale never seen before.
QE Infinity. This will be the impetus for even worse inflation- 25%+ by this time next year.
It’s hard to prepare for this, and easy to feel hopeless. It’s important to know that we have been through monetary crises before, and society did not devolve into a zombie apocalypse. You are not alone, and we will get through this together.
It’s also important to note that we are holding the most lopsided investment opportunity of a generation. Any money you put in there can be grown by orders of magnitude.
We are at the end of the Central Bankers game- and although it will be painful, we will rid the world of them, I believe, and build a new financial system based on blockchains which will disintermediate the institutions. They have everything to lose.
Q: I want to learn more, where can I do? What can I do to keep up to date with everything?
You can start by reading books, listening to podcasts, and checking the news to stay abreast of developments. I have a book list linked at the end of the Dollar Endgame posts.
I’ll be covering the central bank clown show on Twitter, you can follow me there if you like. I’ll also include links to some of my favorite macro people below:
I’m still finishing up the finale for Dollar Endgame- I should have it out soon. I’m also writing an addendum to the series which is purely Q&A to answer questions and concerns. Sorry for the wait.
Nothing on this Post constitutes investment advice, performance data or any recommendation that any security, portfolio of securities, investment product, transaction or investment strategy is suitable for any specific person.
submitted by peruvian_bull to Superstonk [link] [comments]

At least 13 school children killed in stampede in Kenya - Daily Nation. Thirteen students were killed in a stampede as they rushed down a staircase at a primary school in western Kenya on Monday, the Daily Nation reported, quoting police.

At least 13 school children killed in stampede in Kenya - Daily Nation. Thirteen students were killed in a stampede as they rushed down a staircase at a primary school in western Kenya on Monday, the Daily Nation reported, quoting police. submitted by GoodNewsBot to JustBadNews [link] [comments]

Last Week in Collapse: November 5-11, 2022

Last Week in Collapse: November 5-11, 2022
Empty promises are made in the desert, Iran cracks down hard against protestors, and the environment continues breaking its old patterns.
This is Last Week in Collapse, a weekly newsletter, compiling some of the most important, timely, helpful, demoralizing, ironic, stunning, or otherwise must-see moments in Collapse.
This is the 46th newsletter. You can find the October 29-November 4 edition here if you missed it last week. If you don’t want to miss an edition, please consider signing up for the SubStack email version.
The Nile River is facing a grim future: salt water is creeping up the river because the levels are so low. The water levels are low because Lake Victoria is gradually shrinking and upstream nations have dammed sections of the Nile(s) for irrigation or electricity generation purposes. 97% of Egypt’s population lives within a few kilometers of the Nile, Africa’s longest river. The Collapse of the Nile River may eventually throw the entire region into chaos.
COPout27 has begun and some activists and world leaders have convened in Egypt to do…what exactly? Last year, “at the heart of the COP26” was the promise of the rapid phase-out of coal. As we have now learned, coal demand has never been higher, a result of Russia’s Energy War and the continuing coal plant construction mostly in China and India. Nothing will fundamentally change at this conference. COP28 is scheduled to take place in Dubai!
The air in India is really, really bad. Over 1.6M people are said to die from air pollution in India every year. The environmental minister labeled New Delhi, the capital, a “gas chamber.” (The mostly dead subreddit CollapseIndia could use some more attention…) India has committed to continue using coal until at least 2040. A carbon neutral future was never in the cards.
Promises were made in COP26 to cut back on methane emissions, and promises were broken. The Global Methane Pledge has been a dud; only one nation has made significant progress to achieving methane reduction: Australia.
Flooding and pollution in Victoria, Australia, is leading to the mass death of aquatic life. The smell is reportedly unbearable, and E. Coli levels are high in the water.
Iran’s parliament voted decisively to execute protestors to show the people a “hard lesson” in behavior. The vote supposedly sentences all of the 15,000+ arrested protestors to death. Several hundred have already been killed during the protests.
Iraq’s President is calling water shortage/drought Iraq’s biggest challenge right now. He blames drought, as well as upriver dams built by Iran and Turkey, which also met last week to negotiate water issues (leaving Iraq out). We all know that climate breakdown leads to War.
Kenya is sending 1,000 soldiers to the “Democratic” Republic of the Congo to help manage the M23 rebel army stirring up trouble near Goma, DRC. The DRC alleges that the M23 gang/army is supported by Rwanda, because they want the valuable minerals (tungsten, tantalum, gold, tin, etc) in eastern Congo. Could we be approaching a Franz Ferdinand moment to spark the Third Congo War—or will this sideshow get smothered in the jungle?
Tens of thousands of people have fled from M23 fighters in recent days and are building lean-to shelters in the jungle. Now 250,000+ people have become displaced in the region since March 2022.
Nearby Uganda is suffering from a growing Ebola outbreak—and overlapping misinformation fallout—and some officials leaked that this outbreak would become Uganda’s deadliest, leading to 1,200+ cases and 500+ deaths by May 2023. If this happened, it would become earth’s 3rd most deadly Ebola outbreak ever. The world’s two most deadly outbreaks each occurred over the span of 2+ years. Ebola typically has a CFR of over 50%. There is a vaccine for some strains of Ebola, but not this one; school is being canceled in the capital, Kampala.
Despite a partially effective vaccine, COVID is still among us, and it may be rising in your area. Another researcher says that repeated infections may almost certainly lower one’s immune system by destroying T cells, the white blood cells that fight infections. This may be why this year’s flu/RSV season is shaping up to be pretty bad. Herd immunity is never coming, yet the WHO claims that daily COVID deaths are down about 90% since February 2022. What happened?
COVID cases hit new records—2,000+ cases per day—in Guangzhou, China, and restrictions are tightening in Beijing, and in Zhengzhou, where iPhone production has been hit hard. COVID is expected to rise in the US this fall, and in Japan, too, where the governments have given up implementing restrictions altogether. So it goes.
Fear of a new pandemic may be proven right if bird flu is one mutation away from human-to-human transmission. Plus, the mass-antibiotics consumed by poultry could be setting us up for a dangerous strain of H5N1 virus. Japan ordered the killing of over 1M chickens after the remains of some tested positive for bird flu.
Protestors fought with police in Lima, Peru at protests aimed at forcing their President to resign. A similar protest happened in Ghana, too.
About 30,000 protestors turned up in Rome on Saturday, to protest for peace in Ukraine, amid the new Italian government’s plans to supply air defense systems to Ukraine.
Kyiv’s mayor is warning about potential long-term blackouts that could force the winter evacuation of what was (before the war) Europe’s 7th largest city (including Istanbul). Kyiv has already been the victim of widespread electricity & water denial attacks, but not on a city-wide scale yet. One resident said, “That's why everything that is happening now {strikes on infrastructure} is genocide. His task is for us to die, to freeze, or to make us flee our land so that he can have it."
Russia is pulling back its troops from Kherson city, to the eastern side of the Dnipro River. Kherson has been liberated. But thousands of Ukrainian civilians have already been forcibly moved to the eastern side.
Most of the world is burdened with “debt distress” and it might just bury them. That is, unless COVID, mental health, and other ailments don’t first.
Next year is forecast to have slightly less oil production than 2022. Have we passed Peak Oil?
The UN put out another report last week, titled “Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions” about net zero plans and how to achieve them across many levels. I didn’t have time to read it. It seems like every week another large report is published by an intergovernmental organization or a major NGO…… Do any of you know of a singular source (a website, Twitter feed, etc.) that aggregates/shares these reports as they come out? Mere hoping that I stumble onto one of these PDFs is not a reliable way to catch them as they come in.
The World Wildlife Fund released the “Living Amazon Report 2022” last week, and it’s basically a death sentence for the Amazon rainforest. The full report is 98 pages long, and it’s packed with useful graphics and data. It should be called the “Dying Amazon Report”, though…
The UN is also reportedly creating a “global early warning system for deadly and costly extreme weather events amplified by climate change” at the cost of about $3B over 5 years. The system will theoretically be able to warn people of floods, droughts, heatwaves, storms, etc at least 24 hours before they occur. Many people are calling some climate disasters year or even decades in advance.
What we all knew has now been confirmed: Europe had its hottest October on record. And on Monday, Montreal had its hottest November day ever on record.
The contentious U.S. midterm election is over, and Democrats overperformed expectations. Vote-counting is still ongoing in some areas, so conclusive results won’t be known for a few more days. It appears like Republicans will win a narrow majority in the House and Democrats will likely hold onto Senate control. Yet ex-President Trump is planning his 2024 declaration for Monday. Meanwhile, in Israel, the right-wing won and brought back former PM Netanyahu (still on trial for corruption charges).
Lebanon’s crisis deepens, and now the UN is said to be partially funding the salaries of Lebanese soldiers in a desperate attempt to maintain order. Protests rise in Pakistan in the aftermath of a failed assassination attempt on the former PM Imran Khan.
France’s annual maize harvest is expected to be its lowest since 1990, a result of chronic drought. Across Africa, stricken in some regions by droughts or floods, cultural heritage is at risk, along with much of the wildlife and people. As drought threatens the Serengeti’s legendary Great Migration, a new, more dangerous great migration looms…
Glaciers continue melting in India, in China, and Greenland ice sheets are vanishing faster than expected. Same old, same old. If you hate glaciers, you can watch a sad timelapse of an Italian glacier melting over the course of several years.
A major name in cryptocurrency has been disgraced and fears of the collapse of other crypto services are swirling around.
China’s real estate crisis continues trending downwards, but it’s not alone. Global shipping demand is way down too because people don’t have the money to buy as much stuff anymore—or are scared of spending whatever they have left.
Things to watch for next week include:
↠ The homo sapiens population on Planet Earth is set to hit 8 Billion next week. Projections have it scheduled for next Tuesday, ahead of earlier projections for 2023. The world human population grows by an average of about 70M per year. (Earth reached 7 Billion in 2011; we were at 4 billion in 1974.) In what year will our planet reach its all-time high? What do you think it will be?
Select comments/threads from the subreddit last week suggest:
-The United States (and probably elsewhere) is in the grippe of a flu epidemic, according to this post and its foreboding comments. Some schools are reportedly closing down because of the sick staff/students. This RSV is causing the worst flu season in over a decade—and it’s probably related to the aftereffects of Long COVID damaging our collective immune systems…and it’s only November.
-2022 was a record year for shit, according to this post about the Four Five Horsemen of the Economic Apocalypse: 1. boomers retiring, 2. declining EROI on oil/gas, 3. crop yield collapse, 4. rising interest rates, and 5. demand crash. Everything is interconnected, and it’s going in one direction: down.
-Reminder: COVID can have serious side effects. Yet another thread talks about how repeated infections can compound damage to one’s body & mind. Yet society gave up, and seems to become less and less careful/aware of COVID as time goes on…
-Full steam ahead, says one casual Friday post about the arrogance of modern society.
Thanks for reading. Got any feedback, questions, comments, articles, complaints, collapse dating tips, hate mail, etc.? If you can’t be bothered to check collapse every Saturday, you can join the Last Week in Collapse SubStack and get this full roundup sent to your email inbox every weekend. I always forget some important Collapse stuff; what did I miss this week?
submitted by LastWeekInCollapse to collapse [link] [comments]

Ralph Nader Blasts Companies for Buying Stock (Daily Forex Report)

submitted by SymbioticPatriotic to ralphnader [link] [comments]

Ralph Nader Blasts Companies for Buying Stock (Daily Forex Report)

Ralph Nader Blasts Companies for Buying Stock (Daily Forex Report) submitted by SymbioticPatriotic to GreenPartyUSA [link] [comments]

[Business] - Chinese banks report net forex sales drop in August | China Daily

[Business] - Chinese banks report net forex sales drop in August | China Daily submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[World] - Chinese enterprises in Kenya launch social responsibility report | China Daily

[World] - Chinese enterprises in Kenya launch social responsibility report | China Daily submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

What Happened in the World, Nov 13 - 20, 2022

What Happened in the World, Nov 13 – 20, 2022
Here’s the list of natural calamities for the past week. Please note that there’s so much happening, no list can be truly complete.
Something for you to laugh: A Kenyan journalist was reporting about the extreme drought conditions in his country, when he was interrupted by a baby elephant. So funny to watch! The rest of this post is way less funny though.
Afghanistan (drought conditions are predicted to stretch into 2023; drought and floods have wiped out crops, killed livestock, and diminished water sources, groundwater sources are drying up too, 27.8 million people at risk)
Bolivia (Lake Poopó in the Bolivian Altiplano, the second-largest lake of the country that was 3,500 km² large at its max, has dried up – it has dried up before too, but it does not appear that it will recover this time)
Brazil (Amazonas, thousands of fish have died in a river, caused by severe drought which has reduced the volume of available water and caused low oxygen levels in the river – a similar thing almost happened in Italy but people interfered; see the "addendum" section)
Iraq (extreme water scarcity; rainfall has declined by 30% over the past 30 years; 40% of Iraq’s fertile land is threatened by desertification; the country might become a land completely without rivers by 2040; Iraq is one of the most vulnerable countries as to global warming. Iraqi farmers are driven to suicide.)
Somalia (update because ongoing; warning: you’ll see kwashiorkor)
Indonesia (Bengkulu, magnitude 6.9 / Cianjur, magnitude 5.6, 162+ dead, 700+ injured, 242,000 people were exposed to very strong shaking and 978,000 to strong shaking, hundreds trapped in collapsed buildings, the quake caused several landslides)
Haiti (cholera, 6,814 suspected and 653 confirmed cases, 144 dead)
Lebanon (cholera, 3,253 total cases, 26 % of which are children below five years, 18 dead)
Somalia (cholera, 364 new cases (230 severe, 208 children below five years), 1 dead this week – altogether (since the outbreak) 12,012 cases, 4,633 severe, 7,854 children below five years, 71 dead)
Syria (cholera, Northern and Northwestern Syria, 35,569 suspected and 311 confirmed cases, 92 dead, the outbreak erupted due to contaminated water wells)
Uganda (ebola, Southern and Southwestern Uganda, 141 cases, 55 dead)
Albania (Bërdicë, Muriqan, Bardhaj, Gryke Lugje, Nicai-Shalë, Nicaj-Shosh, Pult, Bogë, Theth, Hajmel, Vau i Dejës, Vig-Mnelë, Pukë, Fushë-Arrëz, Shkodër, Torovicë, Kotërr, Mabë, Dajç, Kakarriq, Gocaj, Balldren, Kodhel, Blinisht, Krajn, Lezhë, Spille, Tirana, heavy convective rainfall that led to flooding, 2 dead in Gryke Lugje, a 50-year-old man and his 18-year-old son died after they tried to drive over a bridge when they were swept away, the daughter was able to escape, cars damaged beyond repair, bridges destroyed, roads damaged, landslides, basements and farmland flooded)
Colombia (affected areas: Bogotá, Cundinamarca, North Santander, two people died from floods in La Calera)
Croatia (Bartići, Brzac, Malinska, Novi Vinodolski, Crikvenica, Poreč, Mušalež, Istarska, Klimno, Soline, Šilo, Rasopasno, Primorsko-Goranska, Štikada, Senj, Ličko-Senjska, Muškovci, Zadarska, heavy convective rain that led to flooding)
DR Congo (Bukavu, Souh-Kivu province, 3 dead, 1 injured and 1 house destroyed following a wall collapse)
France (Le Crès, Vendargues, Mauguio, La Grand-Motte, Lunel, Argelliers, Les Matelles, Assas, etc, Hérault department, Languedoc-Roussillon region, roads impassable, cars damaged, farmland flooded / Peri, Ajaccio, Corse)
India (Mugalivakkam, Chennai, Sirkazhi, Cuddalore, Tamil Nadu, Kerala)
Indonesia (Aceh, Banten, Bengkulu, Jakarta, Java, Kalimantan, Lampung, Nusa Tenggara, Riau, Sulawesi, Sumatra, West Papua, 2 dead in Bireun, 2 missing in Gunung Kidul, 103,596 people affected, 5,157 displaced, 24,538 houses inundated, 36 houses and several schools totally destroyed, 12 bridges and 50 roads damaged, landslides, flood depth up to 130 cm)
Italy (Capaccio, Villaricca, Vibonati, Eboli, Caivano, Giugliano, Sapri, Castellabate, Agropoli, Campania, Praia a Mare, Tortora, Calabria, Gradoli, Formia, Lazio, Lipari, Milazzo Sicilia, roads closed, cars damaged, farmland flooded, 2 people rescued, coupled with a tornado that formed over water and progressed onto land – see "Tornado" section)
Jordan (Amman, heavy rains led to one man dying, his scooter slipped because of the flooding and he fell into a culvert)
Malaysia (Putrajaya; officials said the 30 cm high floods were caused by a blocked drain / Selangor)
Philippines (Lanao del Norte, Davao, 28,106 people affected, 59 houses flooded, 17 houses totally destroyed, 8 bridges and 3 roads damaged, landslides in Davao, power outages)
Rwanda (Kigali, 3 dead)
Saudi Arabia (1 child drowned)
South Sudan (many parts are submerged under several feet of flood waters with no sign of subsiding, 1 million people displaced, 37,000+ tons of crops destroyed, 800,000 cattle killed)
Thailand (Phuket, Pattaya, Patong)
UK (Havant, Hailsham, Henfield, Ashurst, Emsworth, South Godstone, Crawley, West Sussex, several roads such as the A27 and the M23 were closed due to extensive flooding, 20 cars were left abandoned in the waters / Aberdeenshire, Angus, Aboyne, Scotland, 1 missing, a woman got swept away by flash flooding in Aberdeenshire)
Venezuela (Uribante, San Cristóbal, Andrés Bello, Cárdenas, Táchira, El Pinar, Mérida, 4 dead, hundreds of houses damaged, 11+ landslides, and 93 dead altogether since the beginning of the heavy rains over the last few months)
Australia (Sydney, Canberra)
Eswatini (Nsingizini, Nsubane, Shiselweni, hailstones "as big as a child’s fist", 2,000 people affected, roofs blown away)
Fiji (Nausori, Kasavu, Naitasiri)
Saudi Arabia
South Africa (Barberton, Mpumalanga)
Syria (Damascus)
Türkiye (Konaklı, Antalya, crops and greenhouses damaged)
Colombia (five people are missing and 125 got displaced after a landslide in El Molino / three houses got destroyed and six damaged by landslides in Bogotá / 5 km long landslide and mudflow in Villa Caro, Norte de Santander)
DR Congo (Bunyakiri, Souh-Kivu, 4 dead, several injured, several houses destroyed / Rubaya, Bihambwe, Bahunde, North Kivu, 32 dead, most of the fatalities occurred in illegal or informal gold mines, houses destroyed, crops damaged / Katsiru, Rutshuru, North Kivu, around 50 vehicles and passengers were stuck on the road for several days)
India (Maudarh village, Hnahthial district, Mizoram, 11 dead, 1 missing, happened in a quarry and buried workers and machinery / Bhaderwah, Jammu and Kashmir, a 38-year-old tribal woman saved her sons but sadly succumbed to her injuries in the hospital / Mariyappally, a wall had collapsed due to rain, and when they tried to repair it a landslide happened, half burying one of the workers / Bhere ka Khech, Dharampur, Solan, Himachal Pradesh, 3 Nepalese workers dead)
Indonesia (Gowa, South Sulawesi, 1 dead, 1 missing)
France (La Couronne, Poitou-Charentes, a "mini tornado" / Suippes, Champagne-Ardenne, another "mini tornado", about 50 houses damaged)
Germany (Urexweiler, Dirmingen, Remmesweiler, Saarland)
Indonesia (Sulawesi / Karawang, West Java, 1297 people affected, 70 displaced, 457 houses damaged, 12 houses totally destroyed)
Italy (Agropoli, Casal Velino, Campania, Castrignano del Capo, Puglia, formed over water and progressed onto land, damage to roofs and trees)
Argentina (heatwave up to 40°C in Tucumán, Catamarca, and Santiago del Estero; a bit cooler in Litoral, Cordoba, and San Luis; new local temperature records)
Japan (new local temperature records for Hokkaido, Aomori, Ehime, and Kagoshima)
Planet Earth
  • The planet had its fourth-warmest October on record, and Europe saw its warmest October in 113 years.
Albania (Odrie, Cepos, Picar, Lazarat, Gjirokastër, Orikum, Llogora, Radhimë, Dukat, Vlorë, Spille, Tirana)
France (locally in the following regions: Bretagne, Pays de la Loire, Poitou-Charentes, Languedoc-Roussillon, Basse-Normandie)
Italy (Lamezia Terme, Calabria, Surano, Nardò, Copertino, Tricase, Puglia, Patti, Sicilia, 1 injured in Nardò, a 4-year-old girl was injured by an exploding window while having lunch with her parents, roads impassable, roofs and windows damaged, cars damaged)
Norway (Lindesnes Fyr, Vest-Agder, Eigerøya, Kleppe, Forus, Skudeneshavn, Rogaland, roofs and chimneys destroyed, mobile boathouse blown away)
Portugal (Viseu, Santa Comba Dão, São Pedro do Sul, Nelas, Sátão, Mangualde, Aveiro, Porto)
USA (Ontario, 2 dead, 3+ missing)
Argentina (Salta, Jujuy)
Peru (Abancay, Apurímac, seven forest fires have hit the city at once, 1,434 hectares lost so far)
USA (Chinook, Washington)
UPDATES on ongoing situations:
  • Update on Australia – New South Wales saw new floods, 1 dead and another one missing in Eugowra, significant material damage across Eugowra and Forbes
  • Update on the drought in Ethiopia
  • Update on the monsoon season in India – 2,125 people died (drowning, lightning, landslides, etc), 101 missing, 1,463 injured, 333,093 houses totally destroyed (no joke, most of them in Assam), 90,149 houses damaged, 69,850 livestock lost, 1,880,438 hectares of farmland damaged
  • Update on the drought in Italy where Roman ruins are now exposed in rivers
  • Update on the drought in Kenya – and a piece about how it’s a climate change issue: 4.4 million people affected (including 900,000 children below five years who are all malnourished), 134,000 pregnant or lactating women, widespread loss of wildlife. The Guardian says "You’ll rarely find a climate denier in East Africa."
  • Update on the drought in Madagascar
  • Update on the tropical storm Nalgae in the Philippines – 162 dead, 270 injured, 29 missing, 5,836,673 people in 17 regions affected, 348,859 displaced, 65,528 houses damaged, 6,597 houses totally destroyed, 136,843 hectares of farmland damaged
  • Update on the ongoing flooding in Togo -- affected areas: Maritime region, Savannah region, Oti, Oti-Sud, Kpendjal, Southern and Northern Togo, around 20,000 people affected, houses and infrastructure damaged
  • Update on the ongoing drought situation in the USA – the ecosystem on Antelope Island in Utah is on the verge of collapse due to the shrinking Great Salt Lake
Addendum: items that didn't make the main list, but were notable for other reasons:
  • This week, we have crossed the 8 billion people mark.
  • A new website tracks the worst climate offenders in real time, fed by satellite data. You can zoom in and explore the map in detail.
  • Let’s briefly talk about bees. In the MENA region, they have now started to find other food sources due to a lack of plants and flowers, or rather, their behavior becomes more desperate. Bees are quite temperature-sensitive, the rising temperatures put them at serious risk in the long run. On the other hand, a storm has relocated several bee species to an Arctic island in Northern Russia which isn’t their typical habitat – but because the area has warmed they’re now surviving the harsh climate there, something they couldn’t do previously, so yea, there’s a shimmer of hope right there.
  • In the Arctic, lots of lakes are disappearing because the permafrost melting underneath makes them drain into the ground
  • Mosquito population booms in flood-ravaged New South Wales, Australia
  • Coffee farms in Brazil (here: Minas Gerais) are in trouble, the bizarre weather over the last three years now caused the flowering of the coffee plants to fail. Maja Wallengren is giving a good overview.
  • The boreal forest in Canada is threatened; it’s almost as important as the Amazon Rainforest when it comes to worldwide climate, but it’s just as threatened.
  • The La Campana National Park in Chile (Valparaíso region) has been suffering a 12-year drought and is now threatened; it’s the main habitat of the Chilean palm (Jubaea chilensis), a critically endangered plant found nowhere else in the world. Plus, it’s home to a range of threatened animal species such as the culpeo fox (Lycalopex culpaeus), the South American gray fox (Lycalopex griseus), the puma (Puma concolor), the kodkod (Leopardus guigna), or the pampas cat (Leopardus colocola).
  • Similar to what I wrote for Brazil in the "droughts" section, thousands of fish almost died in the Orchetto river in Italy due to drought-caused low oxygen levels, but volunteers worked to save the fish.
  • New numbers for the recent floods in Nigeria – 500+ dead, 14,364 farmers lost their harvests, 300,000 hectares of land damaged, 82,000+ houses in 600+ communities under water. It’s expected that 23+ million people will battle food crises in 2023 because of this.
  • Drought has revealed Spanish Stonehenge in Spain, the Dolmen of Guadalperal.
  • Tuvalu is receiving a grant to help fund drought relief efforts.
submitted by Paradise7D to collapse [link] [comments]

What Happened in the World, Nov 6 – 13, 2022

What Happened in the World, Nov 6 – 13
I'm so sorry I missed two full weeks. Went on a trip and got Covid from it (for the first time!), and it really got me good. Back on track now. Sorry for not publishing anything for two weeks.
But here’s the list of natural calamities for this week, finally.
Note that there’s so much happening, no list can be truly complete.
China (first video is a nice overview, this drought is entirely unprecedented in the known history)
Iraq (Ninewa, Kirkuk, Kurdistan, Euphrat and Tigris rivers)
Kenya (crops fail, and the wildlife struggles to survive, over 200 elephants have already died)
Morocco (Ouzoud Falls have dried up, the highest and most water-abundant falls in Morocco)
Niger (4.4 million affected)
Syria (13,900,000 people affected which is 64 % of the population, food prices have almost doubled compared to last year)
EARTHQUAKES: (only magnitude 6+)
Chile (Lebu, Biobío, magnitude 6.2, 210,000 experienced moderate shaking, 470,000 experienced light shaking)
Fiji (Levuka, magnitude 7.0)
Japan (Toba, Mie, magnitude 6.1, 1.3 million felt weak shaking)
Tonga (Neiafu, Vava’u, magnitude 7.3)
Malawi (cholera, ongoing, a total of 6,056 cases so far, with 183 deaths)
Argentina (Buenos Aires)
Australia (New South Wales, Victoria, whole towns isolated, 160,000+ without power, freight train derailed)
Bahamas (Abaco Islands, Green Turtle Cay, Marsh Harbour, Freeport, West End, Nassau, hurricane Nicole)
Colombia (Norte de Santander, Bolívar, La Calera, 26 dead, 44,000 affected, 2,300 houses damaged)
Dominican Republic (Santo Domingo, 6+ dead due to collapsing walls and electrocution, 4 missing, 350 houses affected)
France (Rhône-Alpes, Provence-Alpes-Côte d’Azur, Languedoc-Roussillon)
Italy (Pachino, Sicilia, basements and farmland flooded, roads impassable, cars damaged)
Indonesia (West Papua, Banten, Aceh, Lampung, Java, Sumatra, 1,400 houses flooded)
Malaysia (Klang, Selangor, 10,000+ houses underwater)
Mexico (Tijuana, Baja California)
New Zealand (Waipu)
Nigeria (Ogbaru, Anambra)
Philippines (Antique, Panay Island)
Portugal (Braga, Aveiro, Lisboa, Santarém)
Saint Lucia
Saudi Arabia (Medina, Mecca)
South Korea (Seoul)
South Sudan (2 million affected)
Spain (Valencia, Catalonia, L’Horta, Aldaia, Riba-roja de Túria, Racó de la Torreta, Castellón de la Plana, Moncófar, Almassora, Borriana, Vinaròs, Benicarló, 1 dead, killed by a falling tree)
Syria (Latakia)
Thailand (southernmost provinces, Narathiwat, Pattani, Songkhia, Yala, 6,670 people affected, 2,200 houses flooded)
Togo (Oti, Oti-Sud, Kpendjal, 18,596 people affected, farmland destroyed, extensive livestock losses)
Trinidad (Sangre Grande, Cumuto, Esmerelda, Chase Village, Freeport, Caparo, Penal, Debe, Barrackpore, Quinam, Fyzabad)
USA (Ontario, San Diego, Vista, Lake Elsinore, San Jacinto, Escondido, Ramona, El Cajon, Hesperia, Yucaipa, Oak Glen, Forest Falls, Mountain Home Cillage, Angelus Oaks, California, 1 dead, 2 missing / Hollywood, Palm Beach Shores, Fort Lauderdale, Saint Augustine, Daytona Beach, Wilbur-by-the-Sea, Florida, hurricane Nicole, 4 dead, shoreline buildings collapsed, 300,000 people temporarily without power)
Venezuela (Punto Fijo, La Playa de Bailadores, Mérida)
Argentina (Tafí Viejo, Tucumán)
Australia (Grafton, New South Wales)
Brazil (Minas Gerais)
China (Qinghai)
Saudi Arabia (Al Uzaym, Tabarjal, Dumah Al Jandal)
USA (Texas)
Afghanistan (Maimay, Badakshan, 1 dead, 1 injured, 2 missing)
Colombia (Barranquilla, Galapa, Piojó, Polonuevo, Puerto Colombia, Sabanagrande, Sabanalarga, Usiacurí, La Calera, El Molino, 2 dead, 6 missing, 87+ houses completely destroyed, 591 houses damaged, 2,700 people affected)
India (Munnar, Kerala, 1 missing)
Indonesia (Lampung, Sumatra, 3 dead)
Venezuela (Guanta, Juan Antonio Sotillo, Anzoátegui, 7 dead, dozens displaced, 229 affected, 186 houses damaged)
Argentina (Malargüe, Mendoza)
Cyprus (Xylotymbou, Larnaca, greenhouses damaged, farmland damaged)
Greece (Athens)
Indonesia (Kajen, Karanganyar, Pekalongan, Central Java)
Portugal (Alcântara, Lisboa, trees uprooted, cars damaged by falling trees, roofing blown off)
Saudi Arabia
France (Moëlan-sur-Mer, Bretagne, people say it might have been a tornado)
Indonesia (Garut, Bandung, West Java, Sumatra, strong wind-related incidents that have resulted in building damage, 300 people and 120 buildings affected)
Portugal (Leiria, Santarém)
Spain (Bujaraloz, Aragón, 1 dead, 17-year-old boy killed by falling branches, he was part of a group sheltering under a tree close to a soccer field)
Argentina (Córdoba)
Addendum: items that didn't make the main list, but were notable for other reasons:
  • The floods in Australia have led to a mass fish dieoff, smelling like sewage
  • Egypt has problems with the Nile river, salt water is creeping up because Lake Victoria is shrinking and the water levels are low, a collapse of the region is possible
  • Bad weather front Eva has caused some chaos in Greece (Kérkyra, Attikí, Piraiós Nomós, Kykládes), with a car falling into a ravine, and the fire brigade pumping water from basements
  • Delhi, the capital of India, has really bad air quality, described as thick, poisonous smog that’s causing tens of thousands of deaths every year. Quote: "In the entire country, about 1.67 million deaths could be attributed to air pollution."
  • Italy got inundated in Grado, Friuli-Venezia Giulia, heavy rain for 8 hours
  • An earthquake in Nepal (Doti district, magnitude 5.7) has led to the collapse of a house, killing six people
  • A man in Senegal tries to rise awareness about the plastic problem in a unique way
  • Heavy rain in Spain (Manacor, Mallorca) with power transmission damaged
  • Fungal disease could kill 80 % of the ash trees in the UK
  • Saltwater has crept into Louisiana’s freshwater supply, USA
submitted by Paradise7D to collapse [link] [comments]

What Happened in the World, Nov 20 - 27, 2022

What Happened in the World, Nov 20 – 27, 2022
Hey guys, here’s the list of natural calamities for the past week. Please note that there’s so much happening, no list can be truly complete.
Nothing of note about droughts this week, or rather nothing that hasn’t been covered in the past few weeks. But there’s plenty of other stuff that’s happened, especially the Solomon Islands and Türkiye earthquakes, the Ischia landslide, and the floods in Saudi Arabia.
Be safe out there.
Mexico (Camalú, Las Brisas, Baja California, magnitude 6.2, up to 21,000 people were exposed to strong shaking)
Solomon Islands (Honiara, Guadalcanal, magnitude 7.0 with 38 aftershocks up to 6.0, 12,000 people exposed to very strong shaking, 180,000 to strong shaking, several buildings damaged including the Honiara airport, power cuts in Honiara)
Türkiye (Düzce, Gölyaka, magnitude 6.1, 93 injured, more than 100 aftershocks up to magnitude 4.3, 41,000 people exposed to severe shaking, 197,000 to very strong shaking, 118,000 to strong shaking)
Afghanistan (update on the AWD [Acute Watery Diarrhea] situation, 3,734 new cases (222,337 cumulative), 80 deaths, all 34 provinces affected)
Ethiopia (update on the cholera situation, 491 cases, 20 deaths, 555,000 people at high risk)
Haiti (update on the cholera situation, Ouest department, 11,695 suspected cases and 961 confirmed cases some of which have spread to the Dominican Republic through the Dajabon border, 203 deaths, 1.2 million children under threat)
Kenya (cholera, 61 cases across 6 counties)
Lebanon (update on the cholera situation, Akkar, Mount Lebanon, Bekaa, Baalbek-Hermel, 4,337 cases, 20 deaths)
Nepal (dengue fever, 28,109 cases, 38 deaths)
Nigeria (yellow fever, 153 suspected cases in 27 states / Lassa fever, 975 confirmed cases, 177 deaths)
Albania (Lezhë, Shkodër, Tirana, Vlorë, Durrës)
Brazil (Vila Pavão, Espírito Santo)
Israel (Rishon LeZion)
Italy (Bosa, Oristano, Sardinia / Sorrento, Campania, 3 injured, two police officers and a technician were injured by debris coming from a mudslide)
Kosovo (Malishevë, Junik, Deçan, Pejë, Skënderaj, Istog, a bridge got destroyed in Vranoc/Deçan, houses flooded, a landslide blocked a road in Kuqishtë)
Libya (Tripoli)
Montenegro (Kotor, Risan, Berane, Danilovgrad, Tuzi, 3 dead after their car was caught in a river)
Rwanda (Goma, Katale, Kitsule, South Kivu province, 1+ dead, 4 missing, five people on motorcycles were swept away in Kitsule and only one body has been recovered, the others are still missing)
Saudi Arabia (Taif, Jeddah, Mecca, 2+ dead)
Serbia (Tutin, Novi Pazar, Raška, Brusnik, 1 dead, a 2-year-old child fell into a swollen river near Tutin)
Syria (Latakia)
Türkiye (Büyükeceli, Yeşilovacık, Silifke, Erdemli, Mersin, 1 dead, a 49-year-old woman was washed away while in a workers tent and her dead body was carried away downstream, cars swept away, basements and ground floors flooded)
UAE (Sharjah, Dubai)
Australia (Canberra, Port Macquarie, Tuggeranong, Woden, Weston Creek, some houses damaged, almost 4,000 homes were without electricity)
Türkiye (Aydıncık, Gülnar, Akdere, Mersin province, crops, farmland, and greenhouses damaged)
Cameroon (Yaoundé, 14+ dead, several missing)
DR Congo (Kamituga, South Kivu, 16+ dead, several missing, several houses have been affected by various degrees of damage)
Indonesia (Cugenang district, 14+ dead, triggered by last week’s earthquake)
Italy (Presenzano, Campania, train derailed / Casamicciola Terme, Ischia, 1 dead, 11 missing, 13 injured, 167 displaced, 15 houses collapsed, cars washed into the sea, a 31-year-old woman was found dead in the mud)
Panama (Cativá, Colón, 2 dead, a father and a son were trapped in a house buried by the landslide)
Portugal (Palmeira de Faro, Esposende, 2 dead after the landslide and large rocks destroyed part of a single-family home)
Iraq (Mayi, snowfall is very unusual there)
USA (Buffalo, New York, record snowfall, while Buffalo is used to getting heavy snowfall this one is still unusual)
Greece (Kos, Lambi, 1 injured when a car was partly lifted)
New Zealand (Te Puke, Bay of Plenty, animals killed, fruit and vegetable housing destroyed)
Argentina (heatwave; new records in Morón and at the Ezeiza Airport in Buenos Aires)
Australia (new record temperatures over parts of the Great Barrier Reef)
Chile (Valparaíso, Metropolitana, O’Higgins, Maule, heatwave up to 37°C)
Peru (Central and Southern Peru see unusual freezing temperatures, 25,000+ animals affected)
Italy (Oristano, Sardegna, ships, roofs, windows, and cars damaged, trees uprooted / Campania, Sicilia, Basilicata, Calabria, Puglia, Emilia-Romagna, Lazio / 1 injured in Monselice/Veneto, a 27-year-old man was injured by a tree falling on his car while driving / 1 dead, a 34-year-old fisherman was killed by a lightning strike in Vico Equense/Campania)
Türkiye (Adapazarı, Sakarya province / Üsküdar, Istanbul / Akbal, Hakkari, 1 dead, 2 injured, three soldiers were hit by lightning strike while patrolling in the mountainous border area to Iran, a 28-year-old sergeant killed, two others were injured, five dogs were killed)
Currently erupting:
Antarctica: Erebus, Chile: Nevados de Chillán, Colombia: Nevado del Ruiz, DR Congo: Nyiragongo, Ecuador: Reventador, Sangay, Ethiopia: Erta Ale, France: Piton de la Fournaise, Guatemala: Fuego, Santiaguito, Indonesia: Dukono, Ibu, Krakatau, Lewotolo, Merapi, Semeru, Italy: Stromboli, Japan: Sakurajima, Suwanose-jima, Mexico: Popocatépetl, Nicaragua: Masaya, Peru: Sabancaya, Russia: Ebeko, Shiveluch, USA: Kilauea, Vanuatu: Yasur
Eruption warning / minor activity:
Chile: Copahue, Villarrica, Costa Rica: Rincon de la Vieja, DR Congo: Nyamuragira, Ecuador: Cotopaxi, El Salvador: San Miguel, India: Barren Island, Indonesia: Kerinci, Italy: Etna, Japan: Nishino-shima, New Zealand: White Island, Papua New Guinea: Bagana, Kadovar, Langila, Manam, Philippines: Taal, Russia: Alaid, Bezymianny, Chikurachki, Karymsky, Klyuchevskoy, Tanzania: Ol Doinyo Lengai, USA: Ahyi, Great Sitkin, Pavlof, Vanuatu: Aoba
Argentina (Guanchine, Olta, Chilecito, Jujuy, La Rioja)
Chile (Valparaíso, 40 hectares)
UPDATES on ongoing situations:
  • Update on the magnitude 5.6 earthquake in Cianjur Regency, Indonesia – 271 dead, 40 missing, 2,000+ injured, 61,908 displaced, 22,241 houses seriously damaged, 11,641 houses moderately damaged, 22,090 houses slightly damaged, 118 aftershocks were recorded in the area. Longer video here.
  • Update on Hurricane Nicole in Florida, USA.
Addendum: items that didn't make the main list, but were notable for other reasons:
  • The WHO will identify pathogens that could cause future outbreaks and pandemics. The current list includes Covid-19, Crimean-Cong haemorrhagic fever, Ebola virus disease and Marburg virus disease, Lassa fever, Middle East respiratory syndrome (MERS) and severe acute respiratory syndrome (SARS), Nipah and henipaviral diseases, Rift Valley fever, Zika and Disease X (which indicates an unknown pathogen that could cause a serious international epidemic). This list will be updated and is expected to be published in early 2023.
  • Air quality is worsening worldwide, and the UN estimates that air pollution is reponsible for around 7 million premature deaths every year. Plus, it causes high blood pressure, increasing the risk of heart attacks and strokes. The mechanism works like this: air particles enter our bloodstream → the damage the lining of our blood vessels, making them harder and less elastic → the heart needs to pump faster to force blood through the hardened vessels → and this raises our blood pressure.
  • Our warming planet leads to new hybrid species.
  • One day I might have to add an "infestations" segment, but we’re not there yet. Spanish rats are the size of cats now though, and cockroaches swarm the country.
  • Strange things are going on in Algeria – in 2021, but the report came out on 25 Nov: a forest fire broke out, Ben Ismail hurried to help putting it out, people accused him of being an arsonist who had caused the fire (just because he was not from the area and nobody knew him) and proceeded to lynch him, and now Algeria has given 49 people who were part of the lynching the death sentence.
  • Cities in China are preparing for climate change by building water-absorbing "sponge cities" that are designed to cushion the impact of both floods and droughts and are able to regulate water for the surrounding districts.
  • Suchitlan, El Salvador‘s largest freshwater lake, is suffocating from all the trash.
  • Experts believe the severe flooding in Nigeria and elsewhere was considerably worsened by global warming.
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Daily Morning report: #Forex majors lack direction despite a hawkish lean from the FOMC

Daily Morning report: #Forex majors lack direction despite a hawkish lean from the FOMC submitted by teodorasevastru to Forex [link] [comments]

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