Archive | Money & Markets

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Chernobyl Disaster Site Transformed From Monumental Sarcophagus To Massive Solar Plant

Some 100 meters from the giant metal sarcophagus that contains the infamous Reactor Four at the Chernobyl nuclear plant, a new solar project has been built, providing hope of salvaging something positive from the disaster zone.   As RT notes, The 3,800 photovoltaic panels installed in a 16,000 square-meter (3.95-acre) area are expected to produce […]

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Is This The Cheapest ‘Stock’ In The World?

Despite roaring to a 162% return in the last 12 months, this ‘stock’ trades at a mere 0.0168x trailing price-earnings ratio… and a record-breakingly cheap 0.009x 2017-estimated P/E… Are you a buyer? The ‘company’ has a market capitalization of CHF 495 million and ‘earnings’ of CHF54 billion! How much would you like? The name of […]

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Prince Alwaleed Moved To Highest Security Saudi Prison After Refusing To Pay $6 Billion For Freedom: Report

Goodbye Ritz Carlton. Saudi Arabia’s billionaire prince Alwaleed Bin Talal, has been carted off to Al Ha’ir prison, south of Riyadh, after refusing to pay  a reported $6 billion to Crown Prince Mohammed Bin Salman to secure his freedom, following a massive consolidation of power on November 4, 2017 in which over 300 princes, ministers and other elites were rounded […]

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Mohammed Is Most Popular Name For Newborn Boys In Holland For 2nd Year Straight

Dutch mainstream media reported that Noah was the most popular baby name for boys in the Netherlands, but a little digging turned out a different finding.   The name Noah was putatively considered the most popular boy’s name for 2017, having been given to 635 new-born boys in the Netherlands. But as VoE reports, a journalist from broadcaster […]

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Australia’s Hard Choice Between China And US

Authored by Lachlan Colquhoun via The Strategic Culture Foundation, Canberra has always deftly balanced between Beijing and Washington but it may soon need to choose one over the other…   Australia has always believed that it doesn’t have to choose between its economic relationship with China and its defense alliance with the United States. But […]

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Is There Such A Thing As A “Shithole Country”?

Authored by Andrew Korybko via Oriental Review, The question should be rephrased to whether there’s such a thing as a “shithole” period, and yes, there is, but the stereotypical “Third World” socio-economic and physical conditions that the word often embodies are also widely present in parts of the US. Another day, another Trump controversy, and […]

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