CurrentEvents – Page 3

Alphabet Tests WeWork Business Model

“Google tells employees to share desks as it looks to cut costs” – TechSpot TechSpot reports it has seen an internal memo announcing a company-wide cost-saving measure in the form of sharing desk space areas. My first reaction was “WTF”, so I was pleased to see that the article began with this very exclamation asContinue reading “Alphabet Tests WeWork Business Model”

MedMen is on the verge of insolvency

I can’t say that I’m surprised. I mean, the one here on Abbot Kinney took over a year to remodel its interior. And the lockdown followed just as it opened. MedMen’s empire is on the verge of financial failure Source: MedMen, California’s ‘Apple Store of weed,’ is about to fail

“Not fair, is potato” – Russia, responds to US tanks heading to Ukraine

Well that escalated quickly. It is obvious that Washington is purposefully trying to inflict a strategic defeat on us. It took just one day for the Russian government to call foul after the U.S. announced it was considering sending American main battle tanks to help Ukraine defend itself from its invasion. I realize it’s highlyContinue reading ““Not fair, is potato” – Russia, responds to US tanks heading to Ukraine”

Abrams Tanks May Be Heading for Ukraine

Courtesy of the Third Infantry Division (@3rd_Infantry)

Looks like actual tank battles lie ahead. And in Europe, too. It’s unknown how many tanks would be approved. That’s a big step forward. I guess the U.S. is not going to wait for Germany to figure out what they want to do. That’s too bad too, because I was curious to see how theContinue reading “Abrams Tanks May Be Heading for Ukraine”

BIS warns of $80 trillion of hidden FX swap debt | Reuters

Didn’t even know this was a thing. The $80 trillion-plus “hidden” debt estimate exceeds the stocks of dollar Treasury bills, repo and commercial paper combined, the BIS said, while the churn of deals was almost $5 trillion per day in April, two thirds of daily global FX turnover. Source: BIS warns of $80 trillion ofContinue reading “BIS warns of $80 trillion of hidden FX swap debt | Reuters”