Ty B
Pig fine
overused sometimes but at least it is not the same one over and over and is dynamic.
Unlike muh dick harry-THAT got old in 2018
The faggits being triggered d'oh
Such lengths for a simple meme
SAM575 USAF G5 KAF AC of Interdast se from JBA
Heading to MacDill-lotsa high level visitors in last 24 hours
'member they are sending Not AF1 Joe to Brussels for the "Show of Unity" bullshit on March 24th
Top 2 of High-level ACs for the 99th and last SAM flight was a return from Payerne, Switzerland-Home of Swiss AF.
Was there 0313-0315
was also ANON on 0310 at Los Angeles Int'l
see cap#3
Highest level G5 ever seen with ANON dat one a week ago.
Highest level I've ever seen as ANON was that 01-0040 State Dept AC that left Travis for Oahu earlier >>130785 lb
Last year at some point on trip back from Elmendorf AFB
He SAM
night w
Moderna Requests FDA Approval for Fourth Covid Shot for Adults
Moderna Inc. has filed for U.S. regulatory clearance of a second Covid-19 booster shot for all adults, covering significantly more people than Pfizer Inc. and BioNTech SE’s request earlier this week for a more limited emergency authorization for those over 65. The application comes amid heated debate over how long vaccinations protect from infection and whether repeated shots are necessary to prevent the development of severe disease and death. Several countries including Israel have started administering a fourth dose to adults, with data showing a fivefold increase in the production of infection-fighting antibodies.
Moderna asked the U.S. Food and Drug Administration to give its vaccine emergency authorization for all adults, which would allow health-care providers to determine on an individual basis who might benefit from a second booster.
Pfizer filed for clearance of a second booster for seniors to protect the most vulnerable as immunity provided by the first three doses wanes.
https://www.bnnbloomberg.ca/moderna-requests-fda-approval-for-fourth-covid-shot-for-adults-1.1739413
SAM602 USAF C-32A (our MIA C-32A for over a year tail #98-0001 and finally returns to Int'l duty) heading ne across the pond
Could be Blinken heading to SA as there was a small story about SA "looking forward to AB visit in the near future".
Hard to know who on 'dis but likely going to Brussels in preparation of the bullshit "show of unity" next week that Not AF1 Joe will be at on March 24th.
Little usage after being upgraded at Majors Airport, Greenville for a very extended period of time as described below
It has had some flights after it's Atlanta-Atlanta foray over the Gulf o' Mexico last week-prior to that it had been sitting at Atlanta Int'l since 1220.
VENUS91 from JBA to Bradley Int'l Airport for fly bys then nw to Albany Int'l Airport (home of NY Nat. Guard) for same then back to JBA on 0316
VENUS flights are non-VIP activity and mostly moving crews around and/or cert flights
98-0001 out from JBA to Dover AFB for fly-bys on 0315
From Atlanta Int'l to JBA on 0310
Greek AF HAF352C G5 inbound from Athens depart
>>130716 pb
SAM590 USAF C-32A on ground at Sophia Bulgaria-landed about 2 hours and 40 minutes ago
Muh Nightwatch Lloyd Austin departed Bratislava, Slovenia and is on the ground at Yambol, Bulgaria. Will move to Sophia later
Issue of military equipment for Ukraine to be raised in US defence chief’s visit to Bulgaria
https://sofiaglobe.com/2022/03/17/issue-of-military-equipment-for-ukraine-to-be-raised-in-us-defence-chiefs-visit-to-bulgaria/
Daily look at Yerp before sunset in a few hours
Let's start over Poland
JAKE12 USAF RC-135 Rivet Joint finished with it's customary north/south runs along Polish border Ukraine/Belarus
REDEYE6 USAF E-8C Joint STARS trackin just wst of doze JAKE12 runs
Dutch AF MMF18 MRTT trackin as the filling station support
DUKE23 US Army C-560 ws from Warsaw
LAGR167 USAF KC-135 tanker finished withit's refueling duty just east of Krakow and heading nw
LAGR265 USAF KC-135 tanker heading to Romania
Canadian AF CFC4220 C-130 Super Hercules on it's 'delivery' flight from Zagreb to Rzesow
NCHO223 USAF D-10 extender trackin' north of Bucharest as the filling station for that area.
NATO12 E-3TF Sentry AWACS heading nw and just about passing over No Nightwatch Austin on the ground at Yambol, Bulgaria
Romanian AF RBP01 drone off shore but not "up" as he is at 32kts and o altitude-so a "floater"
French AF TOTAL91 KC-135 tanker setting up as filling station just east of Bratislava
Italian AF IAM3173 FAlcon 900 from Brescia to Rome
RCH349 USAF C-17 GLobemaster took the long way round from Constanta AB, Romania and heading to Ramstein
and to finish way up north
Swedish AF SVF622 G4 "White Raven" ELINT tracking off Latvia and Lithuania
U.S. imposes sanctions over illicit exports of gold from Congo
The United States on Thursday imposed sanctions on Belgian businessman Alain Goetz and a network of companies tied to him that it accused of being involved in the illicit movement of gold from Democratic Republic of Congo. The U.S. Treasury Department, in a statement, said among the targets was the African Gold Refinery in Uganda, which Goetz operates, and several other companies he owns or controls. It accused Goetz and the companies of being involved in illegal gold exports valued at hundreds of millions of dollars per year. In a statement, Goetz said his inclusion on the U.S. sanctions list “seems to be based on misinformation”. He said he has not been to Congo in more than 20 years and has not kept any active contacts within Congo. Goetz said he was asked to set up East Africa’s first gold refinery in 2014, adding that “nothing has made me prouder than to see the impact that African Gold Refinery has had on the gold industry in the Great Lakes region”.
The Treasury said a network of armed groups, smugglers and companies generate illicit revenue from the gold industry through forced labor, smuggling or other means. It said the illicit movement of gold provides revenue to armed groups that threaten peace and security in Congo. “Conflict gold provides the largest source of revenue to armed groups in eastern DRC where they control mines and exploit miners,” the Treasury’s under secretary for terrorism and financial intelligence, Brian Nelson, said in the statement. “Alain Goetz and his network have contributed to armed conflict by receiving DRC gold without questioning its origin.” The Treasury said Goetz’s network sources gold from Congo, Kenya, South Sudan and Tanzania. Goetz said the Treasury’s Office for Foreign Assets Control (OFAC) had presented no documented evidence to back up their claims, and that he was confident this “mistake” would be swiftly rectified. The Ugandan government did not immediately reply to a request for comment.
Others designated on Thursday that the Treasury said were owned or controlled by Goetz include United Arab Emirates-based Agor DMCC and UAE-based Goetz Gold LLC. Agor did not immediately respond to a request for comment. Goetz Gold LLC and the African Gold Refinery could not immediately be reached for comment. The Treasury said that since 2016, the African Gold Refinery, considered one of the largest gold refineries in Africa, has sourced illicit gold from mines in regions of Congo that are controlled by armed groups, including the Mai-Mai Yakutumba and Raia Mutomboki militia. Thursday’s move freezes any U.S. assets of those designated and generally bars Americans from dealing with them. “This strong action by the U.S. will send shockwaves throughout the global gold supply chain,” Sasha Lezhnev, policy consultant at non-governmental organisation The Sentry, said. “Turning a blind eye to conflict gold now carries a heavy price.”
https://www.reuters.com/article/usa-congo-sanctions-gold-idUSKCN2LE2H7
Looks like BOTUS "spoke" to Xi not long ago-but before the daily brief-DERP!!!!!
Does some other shit later but bails to the Beach House in Delaware at 5:10pm EST
"on the brink right?"
so much comedy
https://factba.se/biden/calendar
it felt really dirty playin' the game while 45 in office but I was right then but had to "play"nice.
I wuz gettin attacked 'bout it and then Scavino hit thePOTUS twatter account late one night (around 9pm here) in muh defense and confirmed it by basically sayin "dat's muh boy and wut we need from ya"
Habs it somewhere.
Chinese carrier sails through Taiwan Strait hours before Biden-Xi call
A Chinese aircraft carrier sailed through the sensitive Taiwan Strait on Friday, Taiwan's Defence Ministry said, just hours before the Chinese and U.S. presidents were due to talk.
China claims democratically ruled Taiwan as its own territory, and has over the past two years stepped up its military activity near the island to assert its sovereignty claims, alarming Taipei and Washington. A source with direct knowledge of the matter, who was not authorised to speak to the media and spoke on condition of anonymity, told Reuters the carrier Shandong sailed close to the Taiwan-controlled island of Kinmen, which sits directly opposite the Chinese city of Xiamen. "Around 10:30 a.m. the CV-17 appeared around 30 nautical miles to the southwest of Kinmen, and was photographed by a passenger on a civilian flight," the source said, referring to the Shandong's official service number.
The USS Ralph Johnson, an Arleigh Burke guided missile destroyer, shadowed the carrier at least partly on its route. The Shandong did not have aircraft on its deck and sailed north through the strait, the source added. Taiwan also sent warships to keep an eye on the situation, the source said.
Taiwan's Defence Ministry, in a brief statement, confirmed the passage of the Shandong but gave no details other than to say its forces have a "full grasp" of what China's ships and aircraft do in the Taiwan Strait. U.S. Navy spokesperson Lt. Mark Langford said the Ralph Johnson had "conducted a routine Taiwan Strait transit March 17 (local time) through international waters in accordance with international law". He did not elaborate. Chinese Foreign ministry spokesman Zhao Lijian referred questions to the Defence Ministry - which did not respond to a request for comment - but said the Shandong has a "routine training schedule". "We should not associate this with the communication between the heads of state of China and the United States. You may think it is too sensitive. What is sensitive is you, not the Taiwan Strait," Zhao told reporters in Beijing.
https://www.reuters.com/world/china/exclusive-china-sails-carrier-through-taiwan-strait-hours-before-biden-xi-call-2022-03-18/
Mkt Fag: Morning after what was left of the short positon delta destruction edition
They can't get the DOW green for the life of them but NAS still on it's hot air ascent and volume dropping-while on the HOD Triple-witching OpEX expiry today so don't expect much movement unless there are still big short positions to decimate in that arena-doubtful but possibruh.
see first headline here >>130784 pb
Yield curve still on it's compression collapse-see cap#3 red circle and doze yields on 10 yr have dipped but not by much. 7 year still 'outperforms' by about 3 basis points at time of writing and the 5 yr is just below the 10 year at 2.13%. 30 year is at 2.41% so the long end haz a problem...kek. They are anticipating moar QE and will get it soon-just hide it somewhere covertly.
US Dollar arrested it's recent slide but flashing a head and shoulders topping pattern intra-day: for nao. Basically sayin' fuck you breh that is all I got for nao-see cap #2 for M2 Money Supply. They can "fix" that with a mouse click at the Treasury easily. But also member SA in trying to switch to Yuan payments-OVER then when it becomes adopted on a large scale-this will take time and not something that habbens overnight
Saudi Arabia might allow payment of oil in Chinese yuan
https://www.bignewsnetwork.com/news/272400158/saudi-arabia-might-allow-payment-of-oil-in-chinese-yuan
In "oh shit" panic fashion Bloomberg pened an article saying basically "Meh this is no threat at all"..from March 15
here: https://www.bloomberg.com/news/articles/2022-03-15/saudi-switch-to-yuan-seen-as-symbolic-not-true-threat-to-dollar
Some additional Headlines
LME’s Copper Industry Group Recommends Banning Russian Metal
https://www.bnnbloomberg.ca/lme-s-copper-industry-group-recommends-banning-russian-metal-1.1739648
Some background on the LME from it's failure of 1967-one of many examples and why there is such hige shit pile of derivatives so this is never allowed (in view of the public) again.
The Failure Of The 1960s London Gold Pool
https://www.numismaticnews.net/coin-market/the-failure-of-the-1960s-london-gold-pool
In no shit Sherlock news...and said here MANY times with graphs and proof over the last few months
The World’s Biggest Commodities Markets Are Starting to Seize Up
https://www.bnnbloomberg.ca/the-world-s-biggest-commodities-markets-are-starting-to-seize-up-1.1739683
Why all asset classes, except commodities are being sky'd....the bid/ask spreads are blown out because the big blys are short in all of these as a hedge and getting FUCKED daily.
https://finance.yahoo.com/quote/%5EIXIC?p=%5EIXIC
https://www.marketwatch.com/investing/index/dxy
https://www.marketwatch.com/investing/bond/tmubmusd10y
muh spelling pretty poor dis morning
The expected hit job-continuing this pattern into the Qtrly close.
You can see they've done this at literally the same time each day while leaving Au (on a % basis) relatively quiet.
BTW don't think for one minute these two things are NOT related
pbs
>>130608 U.S. Mint announces silver shortage
>>130588 Update on COMEX Silver cash for trash payments: $60,360,000-March 14th transactions
The updates for the Cash for trash payments will be updated for the week when data from today is available-they have slowed as the March delivery month is basically over (for phyzz delivery) although they have waited longer than normal to do that based on past history-cause if you have it why pay for the storage costs? when you can just deliver it....
Answer...they don't have it and have resorted to the old ticks of creating data that shows they actually deliver on it-why I don't even look at it any longer (the data breakdown of who does what and when)-never believed it before and don't nao.
https://www.kitco.com/charts/livesilver.html
you good so far
and if you actually believe this......
California Has So Much Cash, Wall Street Wants an Early Payback
California is so awash with money that Wall Street is advising it to buy out some of its debt investors.
Morgan Stanley and Loop Capital Markets suggested to Treasurer Fiona Ma that her office consider paying off some bonds early, public records obtained by Bloomberg News show. The pitches underscore the financial strength of California given that the state’s proposed $213 billion budget is bolstered by a $45.7 billion surplus. The state’s progressive tax system rakes in more revenue when the income of its highest earners rises.
In fact, the state can generate so much revenue, it may trigger a constitutional limit on spending. Paying off some debt early can help the state get around that requirement, creating a “budget buffer” to preserve its flexibility, Loop said. Since debt service isn’t considered an expenditure under the requirement, California could pay off some general-obligation or lease revenue bonds early, the firm suggested.
https://www.bnnbloomberg.ca/california-has-so-much-cash-wall-street-wants-an-early-payback-1.1739712
They never paid back the no-interest loans back to the FRB (needed for Unemployment Dists) but produced paperwork that said they did and the Hussein Admin. just went along with it.
BOJ maintains loose policy, calls further yen fall unlikely
Japan's central bank now an outlier among its global peers*
The Bank of Japan on Friday decided to stick with its huge stimulus in the face of economic headwinds such as commodity inflation and the Ukraine war, even as other major central banks shift to tighter policy.
BOJ Gov. Haruhiko Kuroda at a news conference acknowledged that higher commodity prices are adding to inflationary pressure in Japan but predicted rapid-paced price increases will be transitory, unless global commodity prices keep rising. "There is no need to tighten monetary policy in response to a transitory trend, as opposed to a sustained one," he said. "The economy actually needs a continued loose monetary policy to keep its recovery on track from the COVID pandemic."
He argued that "the basic structure of the Japanese economy hasn't changed [and] the yen's depreciation has a more beneficial impact than a negative one, so long as the depreciation is gradual and in line with the nation's economic fundamentals."
He stressed the final two points. "It is extremely important," he said, "that the foreign exchange rates move in a stable manner and reflect economic fundamentals."
In a two-day meeting that ended on Friday, the BOJ opted to keep its key policy levers unchanged, guiding short-term interest rates to minus 0.1% and long-term rates around zero. The central bank also plans to keep purchasing Japanese government bonds without a limit and equities worth up to 12 trillion yen ($101 billion) a year.
Financial market reaction was muted, with the yen staying around 118.70 to the dollar. "The 'no change' decision was largely discounted by the market," said Hideo Kumano, chief economist at Dai-ichi Life Research Institute.
After the afternoon news conference, the yen somewhat eased to around 118.90.
The BOJ is maintaining its easy monetary policy despite growing concern over a weakening yen and rising prices for imports such as crude oil, natural gas and wheat. Japan's wholesale inflation hit 9.3% in February, the highest in 41 years. Consumer inflation is also expected to climb above 2% after April.
The yen on Thursday marked a six-year low of 119 to the dollar after the U.S. Federal Reserve raised rates for the first time since 2018 and signaled six more increases this year. The U.S. central bank's move boosted the appeal of the U.S. currency compared to the yen.
https://asia.nikkei.com/Economy/BOJ-maintains-loose-policy-calls-further-yen-fall-unlikely
and dis....
Zelenskyy to virtually address Japan parliament next week on Weds.
Ukrainian President Volodymyr Zelenskyy will deliver a virtual address to Japan's parliament on Wednesday, ruling party sources said Friday, as he has been trying to rally global support against Russia's invasion of his country.
Zelenskyy's speech, slated to begin at 6 p.m., is expected to last around 10 minutes, the sources said, with the president intending to speak live if the situation at that time in Ukraine permits.
https://english.kyodonews.net/news/2022/03/337d467eea8b-zelenskyy-to-virtually-address-japan-parliament-next-week.html
*
'''told ya this too-NEVER GONNA HABBEN-and this is where this entire thing "ends" financially speaking" with the BOJ being the only one furiously printing (viewable to public) just like after the 2008 market event-see yen carry trade
Zelensky still not getting his No-FLy zone and yet moar attempts to pressure the US into doing it via Japan...breh just go attack Japan cause we have to defend them...kek
C202 US Coast Guard G5 returning to Reagan National after ground stops at Morristown NJ-45's airport during summer months-and Trenton-Mercer Airport Ewing, NJ
About 2 hours at each stop
The last visible activity was a flight back to Reagan Nat. from Philadelphia Int'l on the same day0311 that Not AF1 Joe was at Philly exactly one week ago.
It arrived the day before on 0310
It has been speculated, not just by this pf, that these are Navy ops using Coast guard ACs
Mkt Fag: Don't squeeze the charmin...but they were dumb enough to be in position to be REK'T edition
Total and complete washout of the short positions and was used to fuel the continued "rally" even higher. Short covering towards the close-witnessed on all three majors-plus smart longs taking daily profit-this is why the close is so "choppy" (red circle at top right of Cap#2)as you've got buying taking place (short covering) and selling (smart longs taking it off the table)-moar visible in the DOW. The DOW has moved back over it's 50DMA with the SP500 also doing the same-since it had just given the death cross signal this was easier to achieve. The NAS just made it back to the 50DMA but only just and even that took an over 8% move in 4 days because monday it was down so 8% in four days....absolute lunacy following just behind is the SP500 with 6% rise in the same 4 days. You'd think that the shorts would have learned a lesson by Weds morning but no they did not. Classic example of clinging to what you think shuold be going on but NOT reacting to what you see-common mistake that is still not being learned by many. This is CLASSIC dead Cat bounce as the fuel again provided by dumb money who keep making the same mistake over and over and the market happily recognizes this and says "thank you very much WE will take your money and just to piss you off keep gunning it". However many gave it up towards the close because no sane person (long or short) would hold anything over the weekend with the current geo-political conditions that stil exist and accordng to the MSM are "getting worse". Courtesy of ZH chart in Cap#3 you can see the 50DMAs being hit.
Today's Index chart in cap#2 will focus on the DOW again as it was red and then flat until about 1:00pm EST(black X) and then by 1:20pm EST decidedly up but then meandered arund until 3pmEST when it's direction was launched up by those same shorts who finally decided to tak the pain-red line on lower right. Volume in all three majors well over the daily avgs-this has moar to do with the OpEx than any rush of positions being taken as these contracts are automatially closed out by EOD. Don't let the MSM fool you into thinkng the volume "exploded" for any other reason than this.
of note and as usual any negative news is dismissed or ignored by what we call a "free-market" now.
Existing-home sales decline as affordability constraints worsen
Existing-home sales decreased 7.2% between January and February, falling to a seasonally-adjusted, annual rate of 6.02 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more than 2%. Economists polled by MarketWatch had projected existing-home sales to come in at 6.13 million.
https://www.marketwatch.com/story/existing-home-sales-decline-as-affordability-constraints-worsen-2022-03-18?mod=search_headline&mod=article_inline
>Yield curve still on it's compression collapse-see cap#3
This continued to get worse towards the close and from the morning report...not much to say here other than another round of QE is a coming....the 2 year had it's best week since 2008 and up almost 22 full basis points in two weeks. (and we all know what happened then). Yield rises basically kill off the housing market (but not instatnly) as everyone rushes in when the FOMC "raises" rates-too bad they didn't see them being done in 11 trading days starting on 0311-it's only "prime" is when they take notice. See cap#5 here >>130783
The dollar-my. my what to say about that-it told you this morning with it's intra-day head and shoulders but has basically been in freefall all week- >>130870 cap #4 red circle
The move in metals is partially because of the $ movement but make not mistake those are being trageted HEAVILY and will continue to be until the Qtrly close. I will also let a ZH chart provide a wider view but see here: >>130783 Pepe warned of this on Fiday of last week and Monday of this.......You should listen to pepe as he's gotten this right for a very long time.
See exactly the time of day on both friday the 11th-Closing report and Monday the 14th morning report by pepe pointing
https://finance.yahoo.com/quote/%5EDJI
SAM628 USAF C-40B inbound from Warsaw depart to JBA
This AC departed JBA on 0314 and arrived at Brussels Int'l
0316 depart to Warsaw for a quick 60 minute ground stop-picking someone up and then to Rzesow Airport, southern Poland for a little less than 6 hours then back to Warsaw where it remained until departure earlier today.
Initially I thought it was Jake Sullivan upon departure on 0314 but he was on a different AC that went to Rome so this is still someone from the WH NSO as this AC is used by them frequently.
>>130791 pb NATO begins major war games near Russia-rt
Possible Crash Site Identified Of Marine MV-22 Osprey That Has Gone Missing In Norway
A U.S. Marine Corps MV-22B Osprey tilt-rotor has gone missing in northern Norway today, leaving four crew members unaccounted for. The aircraft was in Norway for the large-scale Cold Response exercise, during which NATO forces practice their combat skills in demanding cold Norwegian weather conditions.
Hovedredningssentralen (HRS) Northern Norway, the local branch of the main Norwegian rescue agency, confirmed in a statement that the Osprey had failed to land at Bodø Air Base in the Nordland region as it had been scheduled to do around 6:00 PM local time, after a training mission. The MV-22 was reported missing at 6:26 PM. Its last known position was on Saltfjellet, one of the largest mountain ranges in Norway, located south of Bodø and through which the Arctic Circle passes. At 9:17 PM local time, a possible crash site was located from the air in the valley of Gråtådalen in Beiarn municipality, also in Nordland. However, due to the weather conditions, it was not immediately possible for rescuers to go down to the site.
“The weather conditions in the area have been challenging and are expected to get worse,” the HRS stated.
Local assets involved in the search for the Osprey include a rescue helicopter launched from Bodø, together with a Royal Norwegian Air Force (RNoAF) P-3 Orion maritime patrol aircraft, which are home-based at Andøya and can deliver air-droppable rescue gear. According to the HRS, another rescue helicopter was also sent from Ørland. The RNoAF bases at Bodø and Ørland have detachments of veteran Sea King Mk 43B and more modern AW101 Mk 612 rescue helicopters.
With a possible crash site now identified, a search mission is also underway on the ground, as part of an operation coordinated by the local police.
According to images released by the Pentagon, Marine Medium Tiltrotor Squadron 261 (VMM-261), “The Raging Bulls,” is currently taking part in Exercise Cold Response 2022, suggesting that it could have been an Osprey from this unit that was involved.
U.S. Marines assigned to 2nd Marine Aircraft Wing, II Marine Expeditionary Force, prepare to fly MV-22 Ospreys prior to Exercise Cold Response 2022 (Ex CR22), at Harstad, Norway.
The exercise involves around 30,000 troops, 220 aircraft, and 50 vessels from 27 countries, mostly from NATO but also regional partners Finland and Sweden. The drill runs from March 14 to April 1.
https://www.thedrive.com/the-war-zone/44833/possible-crash-site-identified-of-marine-mv-22-osprey-that-has-gone-missing-in-norway
China Eases Shenzhen Lockdown To Allow Manufacturing To Resume
Following yesterday's revelation that the CCP - apparently worried about the economic backlash from its latest round of lockdowns (which had affected more than 50M people at the peak) - was moving to scale back COVID restrictions that had impacted manufacturing and shipping, the SCMP reported Friday that China’s southern tech hub of Shenzhen had lifted restrictions in five districts, saying the COVID outbreak is now mostly under control, as President Xi and the CCP pledged to take steps to support businesses in areas that are still under lockdown. Shenzhen is the largest (and economically the most consequential) of the Chinese cities under lockdown. Shenzhen reported 69 symptomatic cases and 36 asymptomatic cases on Thursday. The cases were mainly found among people in quarantine and places under restrictions. Nationwide, China logged more than 4,100 local infections for the day, which is higher than levels from a week ago, but lower than the two-year peak of 5,000+ cases recorded earlier this week.
The SCMP quoted one female worker at an office in one of Shenzhen's industrial districts said that she had been allowed to return to the office, and that restrictions on movement in the area had been lifted.
A resident of Guangming, Shenzhen’s northwestern industrial district, said life and work is back to normal since she has been able to return to her office after working from home for four days. She noted that she still has to scan a QR code to enter her office building and participate in mass testing. Of course, apart from firms offering essential public services - and those ensuring daily supplies are delivered to Shenzhen and neighboring Hong Kong - all other companies will need to follow the work-from-home policy or suspend operations.
Meanwhile, Bloomberg reports that, despite the order to ease the lockdown measures, queues of trucks have started to form at container terminals in Shenzhen as the lockdown measures continue to hamper the transportation of goods. Shipping line Hapag-Lloyd issued a customer advisory Thursday. The slowdown potentially impacted 13 container vessels at the port of Yantian, which were potentially affected by factory shutdowns and reduced availability of truck drivers as of Wednesday.
https://www.zerohedge.com/markets/ccp-eases-shenzhen-lockdown-allow-manufacturing-resume
Just as this below was starting to gain a little steam...muh virus lockdowns get eased
>>130363 Foxconn Halts iPhone Shenzhen Site Due to Covid Lockdown-bnnBberg
>>130491 Foxconn In Talks To Build $9 Billion Factory In Saudi Arabia
Credit Agencies To Remove "Tens Of Billions Of Dollars" In Medical Debt From Reports
It may not be student loan cancellations, but it's good news for other debt-laden consumers looking for relief from tarnished credit reports.
Some of the largest credit reporting agencies are going to be removing "tens of billions of dollars" in medical debt from consumers' credit reports, according to a new report from the Wall Street Journal.
The change is expected to take place this summer, with Equifax, Experian and TransUnion all participating. About 70% of all medical debt is expected to be removed from credit reports, even debts in collections, as a result of the change. The agencies said: “This is an important step to support consumers in the wake of the Covid-19 pandemic. These changes reflect our ongoing commitment to helping facilitate access to fair and affordable credit for all consumers.” In addition to new, unpaid debts not making their way onto credit reports for a full year after being sent to collections, debts that were previously in collection and have been paid will also be removed from credit reports. Normally, they could stay on reports for up to 7 years, the report says.
The Consumer Financial Protection Bureau has helped catalyze the change, saying in March that it was going to "hold credit-reporting firms accountable for not taking enough action against companies that report erroneous medical debts."
A TransUnion spokesperson told the WSJ: “As the CFPB is our primary regulator, we have continual engagement with them on a variety of issues.”
Unpaid medical debts of less than $500 will also be removed from credit reports.
The CFPB says that, currently, $88 billion in medical bills is spread across 43 million credit reports.
https://www.zerohedge.com/markets/credit-agencies-remove-tens-billions-dollars-medical-debt-reports
Having a credit creation problem?...kek
that what this all about-see cap#2
march 15th
S&P/EXPERIAN Consumer Credit Default Indices Show Third Straight Increase in Composite Rate in February 2022
First Mortgage Default Rate at Highest Level Since March 2021.
S&P Dow Jones Indices and Experian released today data through February 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose three basis points to 0.46%. The bank card default rate increased 13 basis points to 2.15%. The auto loan default rate was one basis point lower at 0.52% while the first mortgage default rate was three basis points higher at 0.34%.
https://markets.businessinsider.com/news/stocks/s-p-experian-consumer-credit-default-indices-show-third-straight-increase-in-composite-rate-in-february-2022-1031282008
update and edited
Breaking: Four believed to be dead after U.S. military aircraft crashes in Arctic Norway: Local police say they found wreckage but 'no sign of life'
A rescue helicopter and a Norwegian military Orion plane searching the area spotted the wreckage from the air at 8:17 p.m. after receiving an emergency signal.
'We've discovered an aircraft that has crashed. We've seen no sign of life,' Nordland police chief of staff Bent Eilertsen told Reuters.
https://www.dailymail.co.uk/news/article-10629145/US-military-plane-4-onboard-crashes-Arctic-Norway.html
RIP crew
RCH4157 =17 USAF Globemaster departed JBA after a ground stop and load-in.
This is probably the first of three to four C-17 loads going to Brussels for Not AF1 Joe's 'visit to Brussels next week
RCH854 USAF C-17 Globey also ne and departed Dover AFB
back ina bit
High-Level French AF CTM1072 A330 arriving back at Paris from Beirut ground stop of about 2 hours
Same spec as wut Macron uses for Presidential visits outside of Continental Europe/parts of the middle east.
This AC been going to Chad/Niger and back to Paris-dropped off a load of French Foreign Legion Troops at Amman earlier this week from a Paris depart.
59-1460 USAF tanker heading over to the Not AF1 Joe is 'at Delaware-Rehoboth Beach' position
82-8000 USAF 747 out on a cert./maintenance flight and returning to JBA
Gonna use thius next week for Not AF1 Joe going to Brussels for muh 'show of unity'
59-1460 USAF tanker heading over to the Not AF1 Joe is 'at Delaware-Rehoboth Beach' position
82-8000 USAF 747 out on a cert./maintenance flight and returning to JBA
Gonna use thius next week for Not AF1 Joe going to Brussels for muh 'show of unity'
59-1460 USAF tanker heading over to the Not AF1 Joe is 'at Delaware-Rehoboth Beach' position
82-8000 USAF 747 out on a cert./maintenance flight and returning to JBA
Gonna use thius next week for Not AF1 Joe going to Brussels for muh 'show of unity'
disregard dis one
one moar then done
Usual suspects over Yerp at present but slowed down-not as many smaller ACs moving around and since I am later this morning prolly missed a few of the regulars
LAGR250 USAF KC-135 tanker over Romania
German AF PRIMR62 AF A400m covering supply lines north of Bucharest
NATO01 E-3TF Sentry AWACS circle trackin on eastern Polish border
Dutch AF MMF18 MRTT as the mobile filling station
LAGR331 USAF tanker departing area to the nw
if you ready good on dis end