AE685E P8 Poseidon heading back to RAF Lossiemouth from it’s patrol in the Baltic just off NW Estonia and a run through central portion
>tampons
Hedge funds’ bullish bets on gold jump to four-year high
(It’s still paper contracts and not physical and usually this means it’s a crowded trade and the rug pulled from them but time will tell if the conviction is there to continue to add and/or roll over…the CFTC likes playing games on the maintenance requirements for margin buying if something goes up too far too fast or is not to their liking however the central banks own most of the Phyzz gold in size so they may refrain on this).
Money managers’ wagers in gold jumped to the highest level in four years, signaling investor concerns surrounding the US presidential election campaign as well as renewed focus on the timing of Federal Reserve interest-rate cuts.
Hedge funds and other large speculators boosted their net-long position in gold, often used as a hedge against rising political and economic uncertainty, to the highest in more than four years as of July 16, weekly US government data published Friday showed. Bullion hit an all-time high of $2,483.73 an ounce on Wednesday. The surge to a new record came as traders ramped up bets on earlier, deeper monetary easing from the US central bank and sought haven in the precious metal amid growing geopolitical risks.
https://www.mining.com/web/hedge-funds-bullish-bets-on-gold-jump-to-four-year-high/
>>21247412 lb
SAM371 G5 departed Peterson after a ground stop of about 40m and back to JBA-inbound from Ottawa Intl earlier.
Going around some weather
>21247037, >>21247520 lb
SPAR88 NATO G5 descending from 43k Ft to Miami Intl AFB from Aspen, CO depart
Yeah that’s gonna leave a mark for a while
That ain’t habbening
Japan's century-old companies suffer 95% surge in bankruptcies
Bankruptcies among Japanese businesses that are over 100 years old jumped 95% on the year to a record high in January-June, according to a report Friday by Teikoku Databank. A total of 74 were in court-led bankruptcy during the period, the largest number for the first half in data going back to 2000. The full-year tally could top the 120 seen in 2008, during the global financial crisis.
Fourteen companies' troubles were blamed on the rising cost of doing business, while 11 said they did not have anyone to take over management from aging owners. Manufacturers and retailers each made up about 30% of the total. Longtime manufacturers are struggling to pay for upgrades to their equipment.
Aoki Mannendo, which has made wagashi, or traditional Japanese sweets, in the Tokyo area for more than 200 years, began bankruptcy proceedings in March, according to Teikoku Databank.
The company had been struggling to cover maintenance and other costs, and store closures and reduced hours during the COVID-19 pandemic squeezed its cash flow. Customer traffic did not recover even after COVID-19 faded into the background, forcing it to shutter all its stores.
Mitaniya, a grocery store chain founded in 1858, began bankruptcy proceedings in June. Based in Hiroshima prefecture, the business logged four straight years of losses on growing competition from drug stores and other rivals.
For a while, Mitaniya attempted to secure cash by selling stores and other property holdings. But it ultimately decided to fold as utility and wholesale costs rose.
"With the recent inflation hurting cash flow at suppliers and customers, it has become harder to leverage longtime ties to negotiate on prices," said Kaitaro Asahi at Teikoku Databank. Older companies are expected to continue facing headwinds as larger, cash-rich rivals expand their market share on cheap prices and stable supply.
Japan was home to 43,631 companies over 100 years old as of September 2023, according to Teikoku Databank. Around 2,000 join the club each year.
https://asia.nikkei.com/Business/Companies/Japan-s-century-old-companies-suffer-95-surge-in-bankruptcies
CrowdStrike’s Falcon Fund Invests in API Security Leader, Salt Security
AUSTIN, Texas and Fal.Con 2022, Las Vegas – September 19, 2022 – CrowdStrike (Nasdaq: CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the leader in Application Programming Interface (API) security. In addition to the investment, Salt Security and CrowdStrike are partnering to bring together leading technology to apply API discovery and runtime protection on applications, and enable security testing to harden APIs before release.
"With the proliferation and use of SaaS applications, APIs are becoming a key target for adversaries," said Michael Sentonas, chief technology officer at CrowdStrike. "Salt Security has emerged as the clear leader in solving this major blindspot for organizations, which is why we have chosen to invest in this innovative team and technology."
CrowdStrike is committed to building an ecosystem of next-generation security leaders and enabling seamless integrations with the solutions that customers need to protect themselves in a rapidly evolving threat landscape. CrowdStrike’s Falcon Fund has been active with investments in established and emerging leaders across adjacent markets including Dig Security (data detection and response), JumpCloud (open directory) and Talon Security (secure enterprise browser).
“APIs connect the critical data and services that drive today’s digital innovation,” said Roey Eliyahu, CEO and co-founder at Salt Security. “API usage is rapidly growing, and API attack traffic is growing year-over-year. Existing defenses are not effective in detecting and stopping API attacks, leaving organizations vulnerable to today’s low-and-slow API attacks. Just as CrowdStrike revolutionized endpoint protection, Salt is pioneering a context-based approach to finding and stopping bad actors abusing APIs. We are honored to welcome CrowdStrike as a strategic partner and help provide their customers with best-in-class API security.”
Salt Security will be showcasing its platform during Fal.Con 2022 at the ARIA Resort & Casino in Las Vegas on September 19-21.
https://salt.security/press-releases/crowdstrikes-falcon-fund-invests-in-api-security-leader-salt-security
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