Amazon Wins Appeal Overturning $300M EU Tax Bill In Latest Defeat For Vestager

Amazon has just scored a major victory in Europe's second-highest court that mirrors Apple's recent tax victory in Europe.

The American tech giant on Wednesday saw a 250 million ($300 million) tax bill assessed by the ...

https://www.zerohedge.com/technology/amazon-wins-appeal-overturning-300m-eu-tax-bill-latest-defeat-vestager

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Gold Is Right

Authored by Jim Rickards via The Daily Reckoning,

Is the gold skid over? There are encouraging signs that the answer is yes. And, thats great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago).

First, some ...

https://www.zerohedge.com/markets/gold-right

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"I'm Not At All Excited": China's Digital Yuan Is Turning Into A Giant Flop

It was supposed to be the biggest threat to the reserve status of the dollar (China's denial that it has no desire to replace the USD with the digital yuan only confirms it) since the failed experiment that is the "...

https://www.zerohedge.com/markets/im-not-all-excited-chinas-digital-yuan-giant-flop

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Doug Casey: Why Modern Monetary Theory Will Destroy Money...

Via InternationalMan.com,

Modern Monetary Theory (MMT) centers around the notion that the economy in general, and money in particular, should be the creatures of the State.

Its not a new idea the meme has been around in one form or ...

https://www.zerohedge.com/economics/doug-casey-why-modern-monetary-theory-will-destroy-money

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Meituan's CEO Sees Billions Wiped Out Over An Innocuous Thousand-Year Old Chinese Poem

A seemingly innocuous post on an obscure social media platform bya Chinesebillionaire CEO has sent shockwaves through the country's tech industry, and costfood delivery giantMeituan many billions in a mere few ...

https://www.zerohedge.com/economics/meituans-ceo-sees-billions-wiped-out-over-innocuous-thousand-year-old-chinese-poem

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Fake Lobster Meat Grown In Labs Could One Day End Up In Supermarkets

A Wisconsin-based startup is developing lobster and other seafood meat in a lab for a more sustainable approach for future food.

Cultured Decadenceis creating cell-cultured seafood products that are nutritious, animal-friendly, ...

https://www.zerohedge.com/technology/fake-lobster-meat-grown-labs-could-one-day-end-supermarkets

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More Senior Bankers Are Abandoning London In Favor Of Europe

Earlier, we noted how French officials are planning to sabotage talks between the UK and the EU about expanding access to EU financial markets. At this point, even if Britain does manage to make progress with the EU in a meeting later ...

https://www.zerohedge.com/markets/more-senior-bankers-are-abandoning-london-favor-europe

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Bitcoin Plunges Further As Musk Claims Energy Usage Trend Is "Insane"

Just when you though Elon Musk's change of heart on bitcoin could be short lived, he has again taken to Twitter on Thursday morning, furthering his "environmental" case against the cryptocurrency.

At about 0600 EST, Musk ...

https://www.zerohedge.com/markets/bitcoin-plunges-further-musk-claims-energy-usage-trend-insane

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Pentagon Evacuates 120 Personnel From IsraelAs Security Situation Unravels

The Pentagon has evacuated 120 military and civilian personnel who had been in Israel for planned upcoming joint exercises, CNN's Pentagon correspondent Barbara Starr is reporting.

She says the US personnel departed from ...

https://www.zerohedge.com/geopolitical/pentagon-evacuates-120-personnel-israel-security-situation-unravels

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House GOP Introduces Bills To Combat Critical Race Theory

Authored by Li Hai via The Epoch Times (emphasis ours)

Rep. Dan Bishop (R-NC) talks with Rep. Marjorie Taylor Greene (R-GA) on the House steps at the U.S. Capitol in Washington, D.C., on March 11, 2021. (Drew Angerer/Getty Images)

Two ...

https://www.zerohedge.com/political/house-gop-introduces-bills-combat-critical-race-theory

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Scholars Line Up To Join Anti-Woke Online Education Platform

Submitted by Peter Svab of The Epoch Times,

Hundreds of scholars, including some distinguished figures, have applied for positions at an online education startup that promises explicitly non-woke instruction in a number of academic ...

https://www.zerohedge.com/markets/scholars-line-join-anti-woke-online-education-platform

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Poll Shows 27% Of European Adults Likely To Refuse Vaccine In Latest Threat To Growth Outlook

After getting off to a rocky start, Europe's vaccination campaign has accelerated in recent weeks, despite lingering restrictions on the continent's "workhorse" AstraZeneca jab (over concerns about deadly...

https://www.zerohedge.com/covid-19/poll-shows-27-european-adults-likely-refuse-vaccine-latest-threat-growth-outlook

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Former Top Gear Host James MaySays His Tesla Model S Has "Failed"

Former Top Gear host James May took to YouTube in a video published Wednesday titled "James May's Tesla Model S has failed!" to include one of the top things he hates about his Model S. May, who has already made a video about the "...

https://www.zerohedge.com/technology/former-top-gear-host-james-may-says-his-tesla-model-s-has-failed

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Yankees Suffer COVID Resurgence As 8 Fully-Vaccinated Players, Staff Test Positive

In an unsettling reminder that COVID-19 is still spreading, even as a scandal-scarred Gov. Andrew Cuomo pushes ahead with reopening the Empire State - and even as practically everybody in the organization has ...

https://www.zerohedge.com/covid-19/yankees-suffer-covid-resurgence-8-fully-vaccinated-players-staff-test-positive

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Jessica Alba's Honest Co. Has Crashed 30% Since Its IPO 3 Days Ago

From its highs at $23.88 on its IPO day, Jessica Alba's Honest Co. has plunged over 30% to $16.52 this morning...

On Wednesday, everyone was excited as the stock which IPO'd at $16, surged over 40% to its highs (after opening at $...

https://www.zerohedge.com/markets/jessica-albas-honest-co-has-crashed-30-its-ipo-3-days-ago

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"Terrible Message" - Bernie Blasts Top Democrats' Call To Remove Cap On SALT Deduction For The Rich

Authored by Zachary Stieber via The Epoch Times,

Sen.Bernie Sanders(I-Vt.) has come out in opposition to an effort by topDemocratsto remove caps from SALT, a tax deduction that primarily benefits ...

https://www.zerohedge.com/political/terrible-message-bernie-blasts-top-democrats-call-remove-cap-salt-deduction-rich

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The Problem Of Pulling Forward Sales & Revenue

Authored by Lance Roberts via RealInvestmentAdvice.com,

There is a problem of pulling forward sales and revenue when it comes to future outcomes.

Currently, analysts are incredibly exuberant about earnings for the S&P 500 index. In just the last ...

https://www.zerohedge.com/markets/problem-pulling-forward-sales-revenue

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US Ship Fires 30 Warning Shots After 13 Iranian IRGC Boats Approach Fleet

A rare direct 'live fire' encounter took place Monday in the Strait of Hormuz between Iranian fast-attack boats and US naval warships. The Iranian vessels came dangerously close to multiple US ships during the incident in ...

https://www.zerohedge.com/geopolitical/us-ship-fires-30-warning-shots-after-13-iranian-irgc-boats-approach-fleet

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Quid-Pro-Cuomo? Sexual Harassment Investigators Looking At Whether Governor's Office Traded Vax Access For Political Support

The sexual harassment investigation against New York Governor Andrew Cuomo (D) has widened in scope, as the state AG's office has begun looking into whether a top Cuomo ...

https://www.zerohedge.com/political/quid-pro-cuomo-sexual-harassment-investigators-looking-whether-governors-office-traded

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It's Official: McCarthy Sets Wednesday Vote For Liz Cheney Ouster

Authored by Jack Phillips via The Epoch Times,

House Minority Leader Kevin McCarthy (R-Calif.) said he has officially scheduled a vote for Wednesday to oust House RepublicanConference Chair Liz Cheney (R-Wyo.) from her post, soon ...

https://www.zerohedge.com/political/its-official-mccarthy-sets-wednesday-vote-liz-cheney-ouster

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Labor Shortage Sets Off "Inflationary Time Bomb" McDonalds Franchises Warn, Fearing Big Mac Price Hike

An independent group of McDonald's franchisees warns higher wages, signing bonuses,paid interviewsare no longer working to attract new workers as generous unemployment benefits worsen the labor ...

https://www.zerohedge.com/markets/mcdonalds-franchisees-warn-labor-shortage-will-trigger-inflationary-time-bomb-higher-big

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US Already Planning How To "Choke" Chinese Submarines In Case Of Conflict

A hugely significant weakness and set-back for the Chinese Navy and particularly its submarine capability was featured inrecent Nikkei analysis, which found that its coastal system already has geography working against it, ...

https://www.zerohedge.com/geopolitical/submarine-chokepoint-control-chinas-coast-puts-us-allies-huge-advantage

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Chelsea Clinton Calls For Global Crackdown On "Anti-Vax" Social Media Posts

Speaking at a Vatican-organized conference meant to promote "open dialogue", Chelsea Clinton called for a global effort to crack down on all "anti-vax" social media posts, or anything that's 'skeptical' of the official ...

https://www.zerohedge.com/political/chelsea-clinton-calls-global-crackdown-anti-vax-social-media-posts

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US Navy Seizes Massive Weapon Shipment From Stateless Vessel In Arabian Sea

The guided-missile cruiserUSS Monterey(CG 61) seized a massive shipment of illicit weapons last week that was being transited through international waters of the North Arabian Sea, according to theUS Navy.

A Sikorsky SH-...

https://www.zerohedge.com/geopolitical/us-navy-seizes-weapon-shipment-stateless-vessel-arabian-sea

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China Enforces New Boundary With Nepal At Summit Of Everest To Keep Infected Climbers Out

In the latest sign that Beijing is warily eyeing the outbreak in India as it spills over its borders into neighboring Nepal, China has set up a "line of separation" at the summit of Mount Everest to prevent ...

https://www.zerohedge.com/covid-19/china-enforces-new-boundary-nepal-summit-everest-keep-infected-climbers-out

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UK Rail Disruption Caused By Train Cracks Expected To Last for Weeks

Authored by Alexander Zhang via The Epoch Times,

The ongoing disruption to Britains rail services, which were caused by problems found in Hitachis high-speed trains, is expected to continue for weeks.

Rail companies said over ...

https://www.zerohedge.com/markets/uk-rail-disruption-caused-train-cracks-expected-last-weeks

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EU Urges US To Ramp Up COVID Vaccine Exports As Desperate Nations Turn To China

In the latest edition of his substack newsletter "BIG, Matt Stoller tackled the Biden Administration's decision to back a proposal at the WTO to waive IP protections for COVID-19 vaccines produced by Moderna, BioNTech...

https://www.zerohedge.com/covid-19/eu-urges-us-ramp-vaccine-exports-world-turns-china

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Rabo: "Transitory" Inflation Today; Price Controls And Rationing Tomorrow?

By Michael Every of Rabobank

Pricing and Poetic Justice

With global cargo routes log-jammed; a key US oil pipeline still shutdown, leading to another backlog of ships idling off-shore; log-jammed cargo ships off the ...

https://www.zerohedge.com/markets/rabo-transitory-inflation-today-price-controls-rationing-and-industrial-policy-tomorrow

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Jim Grant: The Fed Can't Control Inflation

Via SchiffGold.com,

Federal Reserve Chairman Jerome Powell insists inflation is transitory. As prices have spiked throughout the economy,Powells messaginghas essentially been, Move along. Nothing to see here.

Peter Schiff has been saying the central ...

https://www.zerohedge.com/economics/jim-grant-fed-cant-control-inflation

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Billionaire Alan Howard Returns Money From Secretive Hedge Fund After Record Run

Just weeks after Brevan Howard last made the headlines on reports that it was buying bitcoin as a hedge against de-dollarization, the firm's billionaire co-founder Alan Howard has reportedly started returning assets ...

https://www.zerohedge.com/markets/billionaire-alan-howard-returns-money-secretive-hedge-fund-after-reporting-record-gains

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