Universities across Europe and in Canada have seen protests break out inspired by American college students who want their schools to stop investments and partnerships with Israel over its ongoing genocide in Gaza. These protesters also want an immediate ceasefire.
ECONOMIC UPDATE – MARKET OVERVIEW
Where the economy is going and who will benefit and who will lose, at this point, it’s all about inflation.
BEWARE OF THE “FED PUT”
A Fed Put is defined as a mechanism by which the Fed, by keeping bond yields/rates artificially suppressed, drives cash into risk assets/stocks. This “Fed Put,” was previously known as the Greenspan Put.
PRO-PEACE PROTESTS IN U.S. DEMEANED AND PROHIBITED
Protests continue to emerge on college campuses across the U.S. against the Israel genocide in Gaza. However, American politicians and the media demean them as “anti-Semite protests that threaten Jewish students.”
THE “INEVITABLE” GAME
No technology is “inevitable.” Just like no decision of either individuals or groups, whether governments, corporations or associations, is a matter of fate or compulsion of forces operating with cold imperative beneath and / or beyond our conscious decision.
ABOUT HALF OF ALL CANCER CASES LINKED TO OBESITY, REPORT SAYS
A newly released “groundbreaking” report found that nearly half of all new cancer cases are linked directly to obesity in a study that included more than four million adults studied over decades.
PUTIN ISSUES WARNING TO WEST: OUR STRATEGIC FORCES ARE READY
Russian President Vladimir Putin attended this year’s Moscow Victory Day Parade and addressed the war in Ukraine—funded by the West—and said Russia’s “strategic forces are always at combat readiness,” referring to his nuclear arsenal.
Global Economy
TOP TREND 2024: EV GO FU
Around the world, lawmakers and regulators are setting new fees and taxes on electric vehicles (EVs) to make up for the loss of taxes on gasoline and diesel fuel as more drivers opt for electric mobility.
RUSSIA SEIZES ASSETS OF JPMORGAN, COMMERZBANK
On 7 May, a Russian court allowed the seizure of €12.4 million, or about $13.3 million, remaining in Russia and belonging to a partnership of JPMorgan and Commerzbank.
ARGENTINA’S TRANSPORT WORKERS STAGE ONE-DAY PROTEST STRIKE
On 2 May, Argentina’s trains, subways, ports, and several bus lines shut down for 24 hours as workers walked out to protest economic austerity measures imposed by President Javier Milei.
The Israel War
U.S. ARMY OFFICER RESIGNS OVER BIDEN ADMINISTRATION’S SUPPORT FOR ISRAEL’S ETHNIC CLEANSING IN GAZA
Maj. Harrison Mann, a U.S. Army officer, resigned from the Department of Defense in a letter on LinkedIn over the Biden administration’s “unconditional support” for Israel’s rampage on Gaza.
HEZBOLLAH’S NASRALLAH SAYS WAR ON GAZA MUST END IF ISRAELIS HOPE TO RETURN TO THE NORTH
Hassan Nasrallah, the Hezbollah leader, said in a televised address on Monday that Israelis will not be able to return to the country’s north until the government ends its war on Gaza, which is not a matter “open for discussion.”
RAFAH AID SLOWS TO A TRICKLE AS IDF TAKE OVER BORDER CROSSING ON PALESTINIAN SIDE
The humanitarian conditions in Rafah have gone from bad to worse after Israeli forces seized the city’s border crossing and ended all traffic into Gaza from two main entries.
AI
OPENAI RELEASES TOOL TO IDENTIFY FAKE IMAGES
AI has created memorable fake images—the pope in a puffer coat, Donald Trump being tackled to the ground by a squad of police—that have tricked some people into thinking they were real.
AI CAN CREATE YOUR DIGITAL TWIN
New versions of AI can create images to order, threatening the livelihood of photographers. AIs can create images of people to order, ending the careers, and the profession, of fashion models.
A HORDE OF CHINESE START-UPS ARE BLITZING THE COUNTRY’S AI MARKET
“There is no winner of [AI] foundation models yet” in China, Charlie Dai, vice-president of consulting firm Forrester, told the Financial Times.
Hi-Tech Science
GENERATOR TAKES CARBON DIOXIDE FROM AIR TO MAKE ELECTRICITY
Carbon dioxide as a waste gas can be a source of energy, but that energy is in the form of heat that ebbs away when the gas is released.
CIRCUIT BOARD MATERIAL DISSOLVES AFTER USE
Peeling the valuable electronic components and useful metals from discarded circuit boards is labor-intensive and time-consuming.
SUPERCAPACITORS COULD LET EV AND OTHER BATTERIES CHARGE IN SECONDS
Sodium-ion batteries are emerging as a near-term alternative to the standard lithium-ion cells that power electric vehicles (EVs) now.