warns

Loonie Surges After Hawkish Bank Of Canada Sees Faster Recovery, Warns Of Upside Inflation Risk

As expected, the Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank also kept its guidance and QE program unchanged at its current pace of at least $4 billion…

Airbnb CEO Warns Travel “Will Never Go Back To Normal”

By Tyler Durden Airbnb Chief Executive Officer Brian Chesky told Reuters Thursday that domestic travel trends will never be going back to the way it was before the virus pandemic. Chesky spoke with Jonathan Weber, Reuters global technology editor, via Zoom, who said business travel is shifting to leisure travel because technologies like Zoom can make teleconferencing…

Trump Warns Democrats: Impeachment "Witch Hunt" Is "Causing Tremendous Anger"

Update (1015ET): For the first time since the Capitol riots, President Trump spoke briefly to a small pool of reporters at The White House as he left for Texas today slamming the Democrats ongoing impeachment efforts, calling the resolution “a terrible thing that they’re doing.” “We want no violence.” Impeachment is a “continuation of the…

Medical Journal Warns iPhone 12 Can Turn Off Implantable Defibrillators, All “Smart” Devices Can Cause Accidental Arrhythmia

By B.N. Frank There have been warnings about serious vulnerability issues – including by the Food and Drug Administration (FDA) – associated with medical devices and implants that use Bluetooth, Internet of Things (IoT), and wireless technology (see 1, 2, 3, 4).  Additional warnings were recently issued in a medical journal. From Medical Xpress: In…

WHO Warns Herd Immunity Won't Bring World "Back To Normal" Quickly

After repeatedly flip-flopping on everything from the efficacy of masks in preventing infection with COVID-19, to whether asymptomatic individuals are considered drivers of COVID-19 infection, WHO officials are now warning that even the mass-vaccination campaigns being carried out by local governments won’t be enough to get the world “back to normal” – as Gov. Andrew…

Goldman Warns Of "Short Term Indigestion" In Stocks, Expects European Double-Dip On Mutant Virus Surge

The global economy – or at least the US-Europe axis – is about to decouple according to Goldman. Just days after Goldman Sachs chief economist Jan Hatzius raised his US GDP forecast for 2021 from 3.9% to 6.4% on the back of expectations for much more aggressive stimulus rollouts from the Biden administration which Goldman…

ACLU Warns Of "Unchecked Power" After Facebook, Twitter Suspend Trump

Authored by Jack Phillips via The Epoch Times, The American Civil Liberties Union (ACLU) on Friday warned that the suspension of President Donald Trump’s social media accounts wielded “unchecked power” by large tech companies. Kate Ruane, a senior legislative counsel at the ACLU, said in a statement that Twitter’s decision to suspend Trump from social media sets…

DOJ Warns Over Fake 'Pardons' Post That Tricks DC Protesters Into Doxxing Selves

The Justice Department has issued a memo warning people not to fall for an online scam designed to trick Trump supporters who ‘stormed the capitol’ on Wedensday into doxxing themselves and admitting guilt over any crimes ‘you think you need to be pardoned for.’ In a post circulating over social media, someone going by the…

CISA Warns about Cyber Vulnerabilities with Utility “Smart” Meters and Other IoT Devices

By B.N. Frank Utility “Smart” Meters (electric, gas, and water) have been plagued with problems – including serious security vulnerabilities – since they started being deployed. Last August, IBM warned about a security flaw in millions of Internet of Things (IoT) devices including “Smart” Meters and medical implants.  More scary reports about millions of IoT…

Morgan Stanley Warns "Market Ripe For A Drawdown" As "Risk/Reward Has Deteriorated Materially"

For much of November and early December (recall “Stocks are Overbought And Frothy” Warns Wall Street’s Most Accurate Analyst“), Morgan Stanley’s chief US equity strategist, Michael Wilson, repeatedly warned that stocks are poised for an (at least) 10% correction around year-end, before resuming their bullish trek higher (albeit under a different leadership as growth stocks…

Iran Puts Maritime Forces On Higher Alert As Top General Warns 'Ready To Respond' To US Pressure

While populations across the globe rang in the new year and are now enjoying the holiday, wondering what 2021 will hold, tensions in the Persian Gulf between the US and Iran just grew hotter. CNN Pentagon correspondent Barbara Starr reports Iran’s forces in the Persian Gulf are now on high alert, possibly in preparation for some…

California Gov Warns LA Lockdown Likely To Be Extended; Spanish COVID Deaths Top 50K: Live Updates

Summary: California Gov extends LA lockdown Spain deaths top 50K WHO says UK study shows no differences in deaths between normal, mutant strain Finland latest to confirm presence of UK mutant strain Erdogan says will receive COVID vaccine Thurs Russia extends UK travel halt Global cases top 80MM US cases decline as states see holiday-related…

EU Nations Unanimously Approve Brexit Deal As UK Warns Businesses To "Prepare For A Bumpy Ride"

It has been two days since Brussels and London finally released the text of the draft trade deal struck between UK and the EU negotiators last week, and on Monday morning, EU leaders officially signed off on the deal, clearing one of the last major hurdles for what is expected to be a historic trade…

Man Behind Pfizer Vaxx Warns COVID-19 'Will Be With Us For The Next 10 Years'

Ugur Sahin, CEO of Germany’s BioNTech – which partnered with Pfizer to develop a COVID-19 vaccine in less than a year – says the virus could still be causing outbreaks 10 years from now, according to Yahoo News. “The virus will stay with us for the next 10 years,” Sahin said during a Tuesday press…

Apple's Entrance Into EVs Creates "A New Tesla Bear Case", Morgan Stanley Warns

Just hours after Elon Musk took to Twitter to reveal to the world that Tim Cook wouldn’t take his phone calls when he was looking for a bailout, Morgan Stanley has now come out and admitted that Apple’s entrance into the self-driving market creates “a new Tesla bear case”.  Tesla uber-bull Adam Jonas wrote in…

California Gov Newsom Quarantines After Staffer Infected, Warns COVID Lockdown Will Be Extended: Live Updates

Summary: California Gov. Quarantines after COVID exposure; hints at lockdown extension EU grants market approval to Pfizer vaccine 38K vaccinated in New York WHO says it’s “aware” of UK variant Europe shuts doors to UK Mutation announced last week stokes fears worldwide US hospitalizations decline, led by Midwest Sweden imposes travel ban Ireland warns extension…

SEC Warns Ponzi Scheme Complaints See "Significant Uptick" In COVID World 

The U.S. Securities and Exchange Commission (SEC) released a statement Monday to investors, warning that the agency has experienced “a significant uptick in tips, complaints, and referrals involving investment scams.” The SEC’s Office of Investor Education and Advocacy urged investors to be on “high alert” for fraudsters during the COVID-19 pandemic. The agency warned against…

In Leaked Audio, Julian Assange Warns Clinton State Department Lawyer About Cables Stolen From WikiLeaks

Leaked audio obtained by Project Veritas reveals that in 2011, WikiLeaks founder Julian Assange warned the Hillary Clinton-led State Department that a rogue employee had stolen a trove of classified cables from the whistleblower organization and was about to release it. Assange told State Department attorney Cliff Johnson that WikiLeaks had planned to release the…

Stocks Slide As NYC Mayor Warns ‘Prepare For Possibility Of Full Shutdown’

Stocks are leaking lower Monday morning, erasing some of this morning’s vaccine-induced (and possibly dollar- and Brexit-induced) bump,after NYC Mayor Bill de Blasio brought up the possibility of a “full shutdown” of NYC on Monday, the day that restaurants in the city were forced to close as new bans on indoor dining went into effect….

NJ’s Murphy Warns Next Few Weeks “Are Going To Be Hell”; Germans Furious Over Christmas COVID Lockdown: Live Updates

Summary: NY cases top 10K for 5th day US cases decline slightly from record; 7-day still at record highs NJ Gov: winter “going to be hell” Germany enters 3-week hard lockdown Portugal sees another record Half of Brazilians wouldn’t take vaccine Malaysia announced 1.3K new case * * * Following Friday’s latest record daily tally…