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Wednesday, August 10, 2022

Another Small Step For Autonomy: Shenzhen Proposes Special License Plates For Self-Driving Vehicles

We're moving one step closer to autonomy in China...Southern China city Shenzhen is on the verge of granting special license plates for self driving vehicles, which would mark the first such instance in China, according to Caixin.It is a step that will help "promote commercialization of self-driving vehicles, such as their use as taxis, instead…

Another 60MM J&J Doses Produced At Troubled Baltimore Plant Are Tainted, FDA Says

Readers may remember earlier this year when an accident at the Emergent Biosolutions lab in Baltimore led to millions of J&J and AstraZeneca doses being ruined (after workers cross-contaminated them with ingredients from AstraZeneca jabs being produced in the same factory).Since the incident, the FDA has been reviewing safety and production procedures at the facility.…

Another Ugly, Tailing 7Y Treasury Auction Spikes Yields

It wasn't nearly last month's catastrophic 7Y auction but it wasn't all that much better either.Moments ago the Treasury sold $62BN in a closely watched 7Y auction (previewed here), which matched the record size for the tenor.And while sentiment was far more positive heading into the 1pm deadline, traders were surprised to learn that the…

Top Fed Economist Says Another $3.5 Trillion In QE Needed

Earlier today, in response to Neel Kashkari's CNBC interview in which the Minneapolis Fed president said "I don't see any moral hazard here" when asked if the Fed's massive liquidity injections have blown a bubble... ... we showed a chart of the Fed's balance sheet, asking if he sees moral hazard here: And while we…

Russia Eyes Another Massive Gas Pipeline To China

Authored by Vanand Meliksetian via OilPrice.com, The Chinese and Russian leadership have over the years intensified political and economic collaboration. Troubling relations with the West in general and the U.S. in particular are increasingly driving Beijing and Moscow into each other's arms. The countries' economies are highly complementary, which is an opportunity for further integration.…

Another 8-Year-Old ‘Criminal Mastermind’ Arrested

Authored by Simon Black via SovereignMan.com, Are you ready for this week’s absurdity? Here’s our weekend roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Eight year old boy arrested for asking if he could buy candy with…

Ron Paul: Is The “Second Wave” Another COVID-19 Hoax?

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Just a week or so ago the mainstream media and thousands representing the “medical community” told us we must throw out the “stay-at-home” orders and go to the streets to protest the death of George Floyd at the hands of the police.…

Another Progressive Media Figure ‘Canceled’ For Being ‘Insufficiently Woke’

As the protests have quieted down and America waits for Minnesota AG Keith Ellison to prosecute Derek Chauvin and the 3 other officers who presided over the murder of George Floyd, the aftermath on the Internet has been surprising and swift, as many popular figures who have pledged their support to 'BLM' and the principles…

Another Terrible Idea In San Francisco…

Authored by Erica Sandberg via City-Journal.org, As the United States continues its “pause,” shuttering businesses and public spaces in order to prevent transmission of the coronavirus, residents are compelled to shelter inside their homes. Meantime, those who live on the streets remain outside. San Francisco is well known for its persistent homeless population, made up…

Another ‘Nightmare At Sea’: California Scrambles To Test Passengers Aboard ‘Grand Princess’ Cruise Ship

It's like the world's most horrifying case of de ja vu. A cruise ship carrying 3,500 passengers and crew (2,700 passengers, roughly 800 crew) is floating listlessly in the waters off San Francisco after Cali Gov. Gavin Newsom barred it from docking in the Bay Area city, which reported its first two "presumptive" cases just…

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