NewsWare’s Trade Talk: Tuesday, October 29
S&P Futures are non directional this morning ahead of a the release of a host of earnings and economic reports. Boeing has priced its offerings of common stock and depositary shares as the company looks to raise about $21 billion. FFIV, LDOS PFE THC & WM are higher after earnings announcements, BOOT, F, RCL & SWK are lower. The CEO of Boot Barn said that he is leaving for the top job at Ross Stores. The Biden administration is finalizing a rule that will limit U.S. investments in AI and other technology sectors in China that could threaten national security. In Europe, markets are higher due to positive earnings from blue chip stocks. Oil prices are edging higher this morning with API stockpile estimates due out after the bell today.
Bird Flu Summit: When Pandemic$ Put Profit$ Over People
by Maryam Henein, The Tenpenny Report: I tried to get a press pass for the 2024 International Bird Flu Summit, which wrapped in early October, but no one got back to me. And I couldn’t afford their $925 ‘early bird’ special. Did they purposely use this pun? TRUTH LIVES on at https://sgtreport.tv/ The bird flu summit unfolded at the […]
Ukraine, South Korea agree to deepen security cooperation
Ukrainian President Volodymyr Zelensky said Tuesday he had discussed the deployment of North Korean troops to aid Russia with South Korea’s president, Yoon Suk Yeol, and agreed to strengthen security cooperation. The call between the leaders came as concern among Ukraine’s allies is mounting over the apparent transfer of thousands of North Korean soldiers to […]
The post Ukraine, South Korea agree to deepen security cooperation appeared first on Insider Paper.
“We’ve Reached Our Limit!” Berlin Police Chief Warns Of Unsustainable Immigration Amid Soaring Migrant Crime
“We’ve Reached Our Limit!” Berlin Police Chief Warns Of Unsustainable Immigration Amid Soaring Migrant Crime
Authored by Thomas Brooke via Remix News,
Germany has reached its limit on immigration with migrant-related violent crime on the rise and resources strained, a leading law enforcement chief has claimed.
In an interview with RBB, Berlin Police Chief Barbara Slowik voiced concerns over the impact of immigration on the city and the broader nation, suggesting that the current levels of immigration are unsustainable, both financially and socially.
“I believe that a limit has been reached as to what is affordable,” she told the broadcaster.
She emphasized the need for a comprehensive societal response to address the growing number of violent incidents involving immigrants and underscored the importance of integrating immigrants into Germany’s democratic values from a young age, with programs beginning in kindergarten.
“This is important for our constitutional state and therefore for our democracy,” she added, insisting it was vital to restore law and order to help make German residents feel safer and instill public confidence back into law enforcement.
As reported by Tagesspiegel, Germany’s crime rate has risen 5.5 percent over the past year, with 5.94 million cases recorded. Notably, the increase in non-German suspects — up 17.8 percent compared to a 1 percent rise among German nationals — has prompted heightened attention to crime prevention.
These figures don’t tell the whole story, as they do not differentiate the number of perpetrators with German citizenship who have a migration background from those who are German-born. Naturalizations in Berlin have surged dramatically in 2024, more than tripling compared to last year, driven by the liberalization of German naturalization laws.
In the first eight months of this year, 28,716 foreign nationals in the city applied for German citizenship — up from 18,018 for the whole of 2023. This sharp rise is linked to a nationwide reform of the citizenship law, which now allows naturalization after just five years of residence in Germany, instead of the previous eight. In some cases, foreigners can apply after just three years.
Public schools in the German capital can no longer reimburse teachers for school trips due to budget constraints, but the local government increased its expenditure on migrant housing to €1.3 billion in the summer. https://t.co/zgKa4tZnEt
— Remix News & Views (@RMXnews) October 14, 2024
Berlin’s Interior Senator Iris Spranger recently announced intentions to expand police powers to enhance public safety. According to a spokesperson from the state interior ministry, upcoming amendments to the General Security and Order Act (ASOG) will broaden police authority, including granting officers access to biometric data, encrypted communications, and traffic data. These tools aim to improve crime prevention and address potential terrorism threats.
Additional measures under consideration include introducing electronic monitoring in high-risk cases, such as domestic violence. The proposed changes reflect a push toward using advanced technology to prevent crime more effectively.
Private security firms in Berlin are cashing in on the refugee crisis — earning millions from public contracts to secure migrant shelters. https://t.co/VQHQ6sO0Ax
— Remix News & Views (@RMXnews) October 8, 2024
Slowik also proposed the creation of a closed facility to house young migrant offenders temporarily — a proposal aimed at removing repeat juvenile offenders from environments that may foster crime and provide them with focused intervention.
However, a representative from the state interior ministry confirmed that no plans currently exist for such a facility.
Tyler Durden
Tue, 10/29/2024 – 06:30
Einstein Was the Greatest Physicist but Was Economically Illiterate
Einstein’s name is synonymous with brilliance, yet his great intelligence did not translate to logical economic thinking. Instead, Einstein embraced socialism, thinking that one could guide an economy like one guides a mathematical equation.
The Keynesian Multiplier Fairy Tale
Vegas expected Renato “Sound Money” Moicano to lose his UFC fight against Benoit Saint Denis. Instead, he won and used the opportunity to promote the work of another Austrian economist. This time, it was Hans-Hermann Hoppe.
The Problem with Trump’s Pro-Tariff “Tax Reform”
Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.
Agatha Is Finally OVER: Series Finale Review Livestream of Abounding Joy
Agatha Is Finally OVER: Series Finale Review Livestream of Abounding Joy
Hollywood’s Election MELTDOWN! Vote How We TELL You! | Pop Cultue News | The Spice Lounge
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La Reina Creole is a an American writer, content creator, and pop culture analyst. She is known for her witty and insightful commentary on science fiction, fantasy, and theme parks. She also hosts the YouTube channel La Reina Creole, where she discusses a variety of topics related to pop culture and fandom.
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American Pravda: Is Sugar the Deadliest White Powder Drug?
by Ron Unz, The Unz Review: Although I’ve been reading the New York Times every morning for almost 45 years, I’ve gradually become more and more disgusted with it, and occasionally say so in my articles. For example, back in 2016 I wrote: For decades I’ve been closely reading several major newspapers every morning, and for the last […]