This is Bitcoin's 10th 30% drawdown since 2017...
The post Bitcoin is Crashing. This is What it Does appeared first on The Irrelevant Investor.
Bitcoin looks terrible. You dont have to be a Chartered Market Technician to know that at $43,800, this thing is breaking all sorts of trendlines and...

https://theirrelevantinvestor.com/2021/05/16/bitcoin-is-crashing-this-is-what-it-does/

#TheIrrelevantInvestor

article author:Arab NewsAuthor:Mon, 2021-05-17 00:10
DUBAI:The EU has pledged 8 million ($9.72 million) toward the fight to combat the spread of desert locusts in Africa.

The EU contribution was from its European Civil Protection and Humanitarian Aid Operations (ECHO) and was welcomed by the ...

https://www.arabnews.com/node/1859676/business-economy

#ArabNews

article author:AFPAuthor:Mon, 2021-05-17 00:13
PARIS:French President Emmanuel Macron will on Tuesday host a virtual summit of European and African leaders to seek solutions to the financial crisis in Africa, where governments hope to boost development while managing massive debts.

The summit on ...

https://www.arabnews.com/node/1859681/business-economy

#ArabNews

article author:Arab NewsAuthor:Mon, 2021-05-17 00:17
RIYADH:The Saudi ready meals market was valued at $18.18 million last year and is forecast to grow at an average yearly rate of 5.43 percent over the next five years, according to a report by US-based research company Reportlinker.
Main category...

https://www.arabnews.com/node/1859686/business-economy

#ArabNews

rrReliance Industries is also exploring tie-ups with global manufacturers to procure vaccines directly for its employees, an RIL official said on condition of anonymity.rr...

https://www.hindustantimes.com/business/indian-firms-to-import-jabs-to-inoculate-staff-101621200134666.html

#hindustantimes

article author:Shane McGinleyAuthor:Mon, 2021-05-17 00:23
DUBAI:Like many executives around the world, Bruno Bensasson hasnt been on a plane much in the last year. However, one of the few flights he did take recently was to Riyadh to check up on the progress of two massive renewable energy projects...

https://www.arabnews.com/node/1859691/business-economy

#ArabNews

Bill Gates Urged To Provide Epstein Evidence To Ghislaine Maxwell Investigators

Bill Gates is being urged to come forward with evidence about his former pedo-pal Jeffrey Epstein, after their years-long relationship continued after Epstein was a known pedophile - and has been cited by anonymous ...

https://www.zerohedge.com/political/bill-gates-urged-provide-epstein-evidence-ghislaine-maxwell-investigators

#ZeroHedge

Wall Streets three main indexes ended higher on Friday as dismal U.S. data cooled tightening expectations and put the U.S. dollar under selling pressure. U.S. Retail Sales showed no growth in April, while the preliminary estimate of the Michigan Consumer Sentiment Index resulted in 82.8 in May (88.3...

https://invezz.com/news/2021/05/16/dow-jones-the-sp-500-and-nasdaq-ended-higher-on-friday-as-soft-u-s-data-alleviated-concerns-about-rising-inflation/

#InvezzNews

Electric vehicle sales jumped 43% in 2020 while overall car sales decreased by 20%, and theres still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but theres a potential big industry disruptor here One of the next big shake-ups in the auto ...

https://oilprice.com/Energy/Energy-General/Is-This-One-Of-The-Best-Ways-To-Play-The-Electric-Vehicle-Boom.html

#oilprice

Australian expatriate
investment bankers are returning home in large numbers, lured by
the launch of new boutique advisory firms, a sharp pick up in
deal-making and the safety of a country relatively unscathed by
the coronavirus pandemic...

https://www.reuters.com/article/australia-banking/brain-gain-new-boutiques-deals-surge-lure-expat-bankers-to-australia-idUSL4N2N02JT

#Reuters

rrThe government is yet to receive any formal notice from Cairn Energy regarding attachment of substantial Indian assets reportedly identified by the company, the person said, requesting anonymity.rr...

https://www.hindustantimes.com/business/india-to-defend-assets-in-cairn-tax-dispute-101621199152273.html

#hindustantimes

New releases by ITZY and (G)I-DLE help K-pop stars claim 10 spots on the competitive chart.New releases by ITZY and (G)I-DLE help K-pop stars claim 10 spots on the competitive chart...

https://www.forbes.com/sites/hughmcintyre/2021/05/16/bts-blackpink-nct-itzy-and-gi-dle-k-pop-claims-10-of-the-sales-chart-in-america-this-week/

#ForbesBusinessNews

rrThis follows the collapse of a plan to sell SoftBanks entire 80% stake in SB Energy to Canada Pension Plan Investment Board (CPPIB) for an estimated $525 million.rr...

https://www.hindustantimes.com/business/adani-arm-eyes-soft-bank-s-sb-energy-majority-stake-101621199363971.html

#hindustantimes

New York Giants head coach Joe Judge finally got to see his rookie class in person. But he's unsure as to whether the players will be attending the OTAs that start later this month.New York Giants head coach Joe Judge finally got to see his rookie class in person. But he's unsure as to whether the ...

https://www.forbes.com/sites/patriciatraina/2021/05/16/new-york-giants-facing-uncertain-rest-of-off-season-regarding-otas/

#ForbesBusinessNews

rrInternational prices of raw materials for some key crop nutrients such as di-ammonium phosphate (DAP) and 22 grades of P&K fertilisers have increased sharply.rr...

https://www.hindustantimes.com/business/govt-reviewing-fertiliser-subsidy-may-decide-to-hike-it-101621199592150.html

#hindustantimes

Move down coincides with ambiguous Twitter post from ... who do you think? Elon Musk.Move down coincides with ambiguous Twitter post from ... who do you think? Elon Musk.Cryptocurrencies once again appear to be at the mercy of the words of Tesla (TSLA) - Get Report founder Elon Musk, as several of ...

https://www.thestreet.com/latest-news/ambiguous-twitter-post-from-elon-musk-moves-cryptos-down

#thestreet

Dev Patel stars as Sir Gawain in The Green Knight | A24

So since The Handmaids Tale isnt dark enough (honestly give us something, show writers), I also started watching Mare of Easttown (HBO Max) and over the weekend watched The Woman in the Window (fine, gritty anti-heroines are my thing, I guess...

https://www.theverge.com/2021/5/16/22437857/new-trailers-green-knight-wish-dragon-venom-purge-netflix

#TheVerge

rrThe company is also exploring partnerships with Pfizer and Moderna for their covid-19 vaccines, Gupta said, though it is not close to any agreements in this respect yet.rr...

https://www.hindustantimes.com/business/lupin-eyes-deals-with-foreign-players-101621199811261.html

#hindustantimes

rrIn the second wave, most worst-hit states appear to be nearing a peak in their infection curves within a month after cases started to surge in late Marchrr...

https://www.hindustantimes.com/business/economic-scars-of-covid-19-may-outlive-lockdowns-101621198574383.html

#hindustantimes

Centerra Gold is seeking to block the Kyrgyz governments moves to take control of the Kumtor mine and pursue hefty fines and tax claims.
Canadas Centerra Gold (TSX: CG) initiated binding arbitration against the Government of the Kyrgyz Republic in a legal skirmish related to the companys Kumtor mine...

https://www.mining.com/centerra-gold-to-launch-arbitration-against-kyrgyzstan-over-kumtor-mine/

#mining

Elon Musk, the self-appointed technoking of Tesla who was once voted dogecoin's CEO, has proposed a radical dogecoin upgrade...Elon Musk, the self-appointed technoking of Tesla who was once voted dogecoin's CEO, has proposed a radical dogecoin upgrade...

https://www.forbes.com/sites/billybambrough/2021/05/16/elon-musk-has-crashed-the-bitcoin-price-and-proposed-a-radical-dogecoin-upgrade-to-beat-bitcoin-hands-down-and-become-the-currency-of-earth/

#Forbes

NPR's Michel Martin speaks with Washington Post's economics correspondent Heather Long about what the unemployment numbers say about the state of the country's economic recovery.NPR's Michel Martin speaks with Washington Post's economics correspondent Heather Long about what the unemployment numbers...

https://www.npr.org/2021/05/16/997339424/economics-correspondent-says-few-people-opt-for-unemployment-over-work

#NPRTopics

NPR's Michel Martin speaks with economist Douglas Holtz-Eakin about why some Republican governors are opting out of receiving federal unemployment benefits for their state.NPR's Michel Martin speaks with economist Douglas Holtz-Eakin about why some Republican governors are opting out of receiving ...

https://www.npr.org/2021/05/16/997339431/conservative-economist-blames-high-unemployment-on-richer-benefits

#NPRTopics

The Fed Is Going To Make A Mistake

Authored by Lance Roberts via RealInvestmentAdvice.com,

Well, that didnt work out as planned.Last week, we said:

Notably, the money flow buy signal seemed to cross; however, we need some follow-through action on Monday to confirm. As shown, the uptick in money ...

https://www.zerohedge.com/markets/fed-going-make-mistake

#ZeroHedge

Ethereums going the wrong way. Should you buy the dips? I asked some investors to convince me why I should.Ethereums going the wrong way. Should you buy the dips? I asked some investors to convince me why I should...

https://www.forbes.com/sites/kenrapoza/2021/05/16/ethereum-faces-weekend-rout-but-some-see-eth-doubling-from-here/

#Forbes

The coal industry is beginning to lose its grip over West Virginians and the solar industry is breaking out. Market forces are why. The coal industry is beginning to lose its grip over West Virginians and the solar industry is breaking out. Market forces are why...

https://www.forbes.com/sites/kensilverstein/2021/05/16/the-dam-has-broken-and-west-virginia-is-waking-up-to-solar-power/

#forbes

Luis Suarez scores a dramatic winning goal in the 88th minute as La Liga leaders Atletico Madrid come from behind against Osasuna to stay top of the table with one round of matches to play...

https://www.bbc.co.uk/sport/av/football/57138624

#BBCNews

Sabrina Chammas-Doumet’s co-working space in Gastown saw enough business from so-called digital nomads travelling through Vancouver before the COVID-19 pandemic that she isn’t going to give up on the struggling business, betting on what might come once it’s over.

“I’m...

https://vancouversun.com/news/local-news/will-digital-nomads-grounded-by-pandemic-return-to-vancouver

#vancouversun

CDC director Rochelle Walensky said that science, not pressure from politicians, led to the agency easing up on face mask guidelines.

CDC Director Rochelle Walensky
REUTERS

CDC director says pressure from lawmakers did not play a role in the mask guideline change.
Earlier this week, Rochelle ...

https://www.businessinsider.com/cdc-head-confirms-that-science-not-politicans-led-to-new-mask-policy-2021-5

#Insider

Tyson Fury said a Saudi prince has given his word that Fury's four-belt heavyweight unification match with Anthony Joshua is set for Aug. 14 in Jeddah, Saudi Arabia.Tyson Fury said a Saudi prince has given his word that Fury's four-belt heavyweight unification match with Anthony Joshua is set for ...

https://www.forbes.com/sites/anthonystitt/2021/05/16/confirmed-tyson-fury-vs--anthony-joshua-on-aug-14-for-all-the-gold/

#ForbesBusinessNews

A video shows Schroder, an actor who starred on Silver Spoons, berating Jason a Costco employee. A video shows Schroder, an actor who starred on Silver Spoons, berating Jason a Costco employee...

https://www.forbes.com/sites/brucelee/2021/05/16/80s-stars-scott-baio-ricky-schroder-criticize-costco-for-requiring-face-masks/

#ForbesBusinessNews

On May 5, 2021, the European Commission appointed Christos Stylianides as Special Envoy for the promotion of freedom of religion or belief outside European Union (EU Special Envoy on FoRB). On May 5, 2021, the European Commission appointed Christos Stylianides as Special Envoy for the promotion of ...

https://www.forbes.com/sites/ewelinaochab/2021/05/16/what-christos-stylianides-should-know-as-he-takes-the-special-envoy-post-on-religion-or-belief-outside-european-union/

#ForbesBusinessNews

Righting this wrong will take a decades-long commitment, Fauci said Sunday.
Righting this wrong will take a decades-long commitment, Fauci said Sunday...

https://www.forbes.com/sites/carlieporterfield/2021/05/16/fauci-coronavirus-pandemic-unveiled-the-undeniable-effects-of-racism-in-us/

#ForbesBusinessNews

Coca-ColaCo said it would discontinue its energy drink in North America, a product it launched with fanfare last year as it pushed into new beverage categories...

https://www.foxbusiness.com/markets/coca-cola-tires-on-energy-drink-and-will-stop-sales-in-north-america

#foxbusiness

Says he was fired "in a snap decision...

https://www.itnews.com.au/news/chaos-monkeys-author-calls-apples-statement-on-his-departure-defamatory-564602?utm_source=feed&utm_medium=rss&utm_campaign=iTnews+

Goldman Warns Of "Substantial" Surge In Home Prices, Expects Bigger Housing Bubble Than 2007

One week ago, we said that in what is increasingly a stagflationary burst (or, as BofA put it "transitory hyperinflation") right out of the 1970s playbook (and that was even before the latest blistering ...

https://www.zerohedge.com/markets/goldman-warns-substantial-surge-home-prices-expects-bigger-housing-bubble-2007

#ZeroHedge

Podcast: Pursuing a multi-year roadmap of opportunities...

https://www.itnews.com.au/news/cancer-council-nsw-drives-digital-deeper-into-its-foundations-563810?utm_source=feed&utm_medium=rss&utm_campaign=iTnews+

Cheney said Republican Minority Leader Kevin McCarthy is complicit in helping to spread Trump's lies about the election...

https://slate.com/news-and-politics/2021/05/liz-cheney-regrets-voting-trump-gop-dangerous-direction.html?via=rss

#SlateMagazine

BATON ROUGE, La. (AP) - A distinct racial tension is threading through many Louisiana House debates this legislative session, becoming a more prominent undercurrent in the chamber on issues ranging from education and voting to crime and policing...

https://apnews.com/article/louisiana-business-race-and-ethnicity-government-and-politics-cd06c705301a281a87bdf5c7be7e304a

#APNews