Author: ArabindaAdmin1

Trashing The Constitution To Seize Russians’ Property

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By Tyler Durden, Authored by Adam Dick via The Ron Paul Institute, In his March 1 State of the Union speech, President Joe Biden threatened, in a comment directed to people he termed “Russian oligarchs,” that “we are joining with our European allies to find and seize your yachts your luxury apartments your private jets. We […]

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California, Hawaii See Largest Share Of Homes Selling For $1 Million Or More

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By Tyler Durden, One of the most dominant stories since the COVID pandemic began has been the fiercely competitive housing market. The median sales price of a home in the US climbed above $400,000, as aggressive bidding wars drove home prices higher. The current challenges of the housing market have come from a potent combination of supply- […]

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How Russia Avoids Oil Sanctions: Transfer-At-Sea To “Destination Unknown”

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By Tyler Durden, Authored by Mike Shedlock via MishTalk.com, Russian oil still flows under the radar. It goes to “destination unknown”… Average daily crude exports from Tanker Tracker via WSJ Under the Radar Please consider Russian Oil Flows, but Increasingly Under the Radar. Oil exports from Russian ports bound for European Union member states, which historically […]

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Biden Unveils Another $800 Million Military Aid Package For Ukraine

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By Tyler Durden, Update (1010ET): During Thursday’s speech from the Roosevelt Room, Biden has confirmed many of the details of the latest aid package for Ukraine, along with several previously unannounced measures. The money will include $500 million in additional economic aid to Ukraine, bringing the total economic aid to Ukraine to $1 billion since the […]

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A Shocked Wall Street Reacts To The Netflix Implosion

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By Tyler Durden, For the second quarter in a row, Netflix stock has cratered after reporting earnings: NFLX plunged 28% – losing $42 billion in value – after the company announced that not only did its paying subs shrink for the first time since 2011 in the first quarter, but the company forecast the loss […]

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EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan

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By Tyler Durden, Update (13:15 ET): What was largely a theoretical modeling exercise until moments ago, is set to go live because Reuters reports that the EU is set to declare a full embargo on Russian oil after this weekend’s French election: EU GAS PRICE TO SHOOT UP AS EU TO DECLARE EMBARGO ON RUSSIAN OIL […]

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Margin Debt Drops Further Amid Imploding Highfliers: Not A Good Sign For Stocks

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By Tyler Durden, Authored by Wolf Richter via WolfStreet.com, There are other types of stock market leverage, and no one knows how much leverage there is in total. Margin debt is the only reported indicator… Margin debt – the only type of stock market leverage that is reported regularly – dropped by another $36 billion, […]

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Goldman Quietly Sells Billions In Stocks For The Third Quarter In A Row

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By Tyler Durden, While most analysts and traders were digging through Goldman’s stronger than expected Q1 earnings report which beat on revenue and EPS, and despite some weakness in investment banking more than redeemed itself with stellar FICC numbers, thanks this time to the Commodity not Credit “C“… … which sent Goldman stock higher, for the third quarter in […]

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Chinese Oil Giant To Exit US, Canada And UK Over Fears Of Western Sanctions

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By Tyler Durden, An odd thing happened this week: for obvious reasons, Russian usage of the Chinese yuan has been booming in recent weeks, with the Nikkei reporting that Russia boosted yuan holdings over dollar just before the invasion (having previously dumped all of its Treasury holdings all the way back in 2018 telegraphing what was coming to anyone […]

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Authorities Seize $13 Billion From Abramovich Associates In “Largest Asset Freeze In UK History”

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By Tyler Durden, Update (1400ET): UK authorities are aggressively pursuing assets belonging to Roman Abramovich to such an intense degree that they have even decided to freeze £10 billion ($13.1 billion) of his assets. Here’s the FT with more: The UK is to freeze an estimated £10bn of assets held by two longstanding business associates of Roman Abramovich, […]

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