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Tuesday, August 16, 2022

Lagarde Fires Bazooka #2: ECB Announces €750BN Pandemic Purchase Program

Earlier this afternoon we said that because "the Fed's Bazooka #1 was an epic dud. Here comes Bazooka #2", and this time it is the ECB that will try to fire. Sure enough, almost three hours later, and just before 1am CET, the ECB announced plans to buy a whopping €750bn in more bonds in…

California Fires Spark Massive Mandatory Evacuations; Wineries Burn As Winds Hit 93 MPH

California's annual wildfires are back despite a series of planned power outages aimed at preventing them - the latest of which is expected to affect as many as 3 million people across huge swaths of the state. The most intense fires raged through Sonoma County, with some 180,000 residents ordered to evacuate. "The next 72…

Trump Fires John Bolton After “Disagreeing Strongly With His Suggestions”

While there was some feverish speculation as to what an impromptu presser at 1:30pm with US Secretary of State Pompeo, Treasury Secretary Mnuchin and National Security Adviser Bolton would deliver, that was quickly swept aside moments later when Trump unexpectedly announced that he had fired Bolton as National Security Advisor, tweeting that he informed John…

Russia Fires 2 Ballistic Missiles From Nuclear Subs In Message To Washington

Russia's Defense Ministry has confirmed it launched two ballistic missiles from nuclear-powered submarines in the Arctic Ocean and the Barents Sea on Saturday, just a day after Putin on Friday said he intends to respond to the prior Sunday's first ever Pentagon test of a previously banned ground-launched cruise missile with a range of over 500km in a post-INF treaty world. …

AG Barr Fires Prisons Chief After Epstein Case Leaves Country Hanging

Just days after the 'suiciding' of Establishment Enemy #1 Jeffrey Epstein, Attorney General William Barr has ordered the removal of acting Bureau of Prisons director Hugh Hurwitz from the top position in aftermath of Epstein death. Barr is reportedly appointing Kathleen Hawk as Director the Federal Bureau of Prisons (with Thomas R.Kane as Deputy). This…

NYPD Fires Cop Acquitted In Murder Of Eric Garner

Daniel Pantaleo, the NYPD cop who was accused of accidentally killing unarmed black man Eric Garner by using an unauthorized chokehold technique, was fired by the NYPD on Monday, even after several city newspapers, including the New York Post, defended him in editorials. Until shortly before the firing, NYC Mayor Bill de Blasio, who is…
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