Futures Jump On Hopes Of War De-escalation, Korea Enters Bear Market On Memory Rout

Israeli attacks in Gaza on Monday have killed at least five Palestinians, according to reports from the Strip, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that at least three Palestinians were killed by an Israeli bombing in Deir el-Balah, central Gaza. Photos from outside […]

StanChart CEO Scrambles Into Damage Control After "Lower-Value Human Capital" Comment Triggers Backlash Standard Chartered CEO Bill Winters and his team spent Wednesday in damage-control mode after the head of the London-based international bank told investors on Tuesday that artificial intelligence would be used to replace "lower-value human capital," sparking a backlash online. "Many of you will have seen media coverage following the Investor Event in Hong Kong, particularly the reporting around automation, AI, and workforce changes," Winters wrote in an internal memo to employees on Wednesday that was seen...

The Most Expensive Science Lesson in European History Authored by James Hickman via SchiffSovereign.com, On March 11, 2011, a magnitude 9.0 earthquake struck off the coast of Japan and triggered a massive tsunami that slammed into the Fukushima Daiichi nuclear power plant. Three of the plant’s six reactors melted down, and it became the worst nuclear disaster since Chernobyl. On the other side of the world, German Chancellor Angela Merkel panicked. Her government had extended the operating lives of Germany’s 17 nuclear reactors just five months earlier. But, because of the earthquake in...