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Blackstone prepares a record $50 billion to snap up real estate during the coming crash
The past two months have seen a barrage of negative news coverage focusing on the US housing market... Is The Housing Crash Starting? Why The Housing Bubble Bust Is Baked-In The One Housing Chart That Shows A 'Buyer's Market' Has Returned As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses Housing Market Peaks: Home Prices Finally Drop From All-Time Highs ... which is predictable: after all, with mortgage rates soaring at the fastest pace on record to decade highs, and sending US housing affordability to the lowest in history...
https://www.sott.net/article/470235-Blackstone-prepares-a-record-50-billion-to-snap-up-real-estate-during-the-coming-crash
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Central bank digital currencies (CBDC's) are coming - What will the consequences be?
Currencies are the lifeblood of trade and the economy; if a currency fails, the entire economy fails. Yet, most people rarely think about the health or buying power of the money in their pocket. People don't research how often currencies actually falter and how common it is for inflation or stagflation to strike nations. They just assume that the money they have will be as useful tomorrow as it is today. They also assume that money will never change in a dramatic way. This lack of interest in how money works is likely due to the fact that people are not taught how their money is created. It's not discussed in schools, the truth is avoided in colleges and the mainstream news rarely mentions it. People think our government and treasury handles all of that, but the reality is that our government does NOT create our money; at least, it's not in charge of the process. Central bankers are, and they operate from a "quasi-independent" position. For example, former Federal Reserve chairman...
https://www.sott.net/article/470236-Central-bank-digital-currencies-CBDCs-are-coming-What-will-the-consequences-be
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Elephant stabs mahout to death with its tusks in southern Thailand
An elephant stabbed its mahout - or elephant trainer - to death with its tusks yesterday morning in Nahkhon Si Thammarat province in southern Thailand. The elephant stood watch over the man's corpse for hours, said police. Yesterday at 10.30am, officers from Chawang Police Station received a report that a man had died after he was pierced by his own elephant's tusks. A team of police and rescue workers rushed to the scene on a hill in the forest, where they found a big elephant guarding the body of its mahout Chaichana Matchanimwong. Chaichana's body was covered in wounds, said police. Officers said they tried to separate the elephant from the mahout's body, but there was not much they could do. The elephant stood guard over the body for hours and eventually walked away into the forest. Police were finally able to retrieve Chaichana's body and take it to the hospital for an autopsy to be carried out. After the autopsy is complete, Chaichana's body will be taken to his relatives for...
https://www.sott.net/article/470237-Elephant-stabs-mahout-to-death-with-its-tusks-in-southern-Thailand
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Increase in leopard attacks in the Indian state of Uttarakhand - 77 people killed in 5 years
Some days back, a leopard attacked and killed a bike pillion rider. A woman was mauled to death in a second incident the same day On Tuesday (July 19), two youths โ€” Mohd. Anas and Afsarul โ€” were returning on their motorbike to their home in Amroha from Uttarakhand's picturesque Almora hills. On a lonely stretch, as Anas drove on gingerly, in split seconds a leopard leapt from the thicket. It pounced on pillion rider Afsarul and thwacked him down from the bike, dragging him to some distance, killing him. Anas told the media that he was left dumb-struck, stunned by the suddenness of the attack. He could not do anything to save his friend. Wildlife officials described the leopard attack as a rare case.
https://www.sott.net/article/470238-Increase-in-leopard-attacks-in-the-Indian-state-of-Uttarakhand-77-people-killed-in-5-years
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Pakistan death toll from 5 weeks of monsoon rains, flooding reaches 312
The death toll from more than five weeks of monsoon rains and flash flooding across Pakistan has reached 312, with those killed including 114 children, according to authorities. Since mid-June, the deluge has swollen rivers and damaged highways and 44 bridges, disrupting traffic. The National Disaster Management Authority reported that almost 6,500 homes had been fully destroyed or partially damaged. In some cities, residents have abandoned their cars on submerged roads to walk through waist-high water, while others have arranged for boats to move them to safer places.
https://www.sott.net/article/470239-Pakistan-death-toll-from-5-weeks-of-monsoon-rains-flooding-reaches-312
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Flash floods in Yemen leave 9 dead
Heavy seasonal rains drove flash floods through Yemen and left at least nine people dead, official media reported Sunday. The casualties were reported in the capital of Sanaa and the southwestern province of Dhamar, where it began raining late last week, the Houthi-run Sanaa Radio said. Both Sanaa and Dhamar are held by the Iranian-backed Houthi rebels who have been warring since 2014 with the internationally recognized government which is aided by a Saudi-led coalition.
https://www.sott.net/article/470240-Flash-floods-in-Yemen-leave-9-dead
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Heavy storms batter Russian resort of Sochi, vehicles swept away by floodwater
Flash floods sweep cars in Sochi, a Black Sea city. In Southern Russia, torrential rains are still wreaking havoc. They have caused flash floods which disrupt lives and cause significant damage. Officials in the city that hosted the Winter Olympics activated an emergency alarm system Saturday night. They advised residents to take shelter inside, but also be available for evacuations. Around 11pm, emergency sirens could be heard in Sochi as storms continued to batter the city for the second consecutive day. This caused more chaos and flooding.
https://www.sott.net/article/470241-Heavy-storms-batter-Russian-resort-of-Sochi-vehicles-swept-away-by-floodwater
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Sakurajima volcano erupts on the island of Kyushu in western Japan on 24 July
A volcano on Japan's major western island of Kyushu, called Sakurajima, erupted at about 8:05 p.m. (1105 GMT) on Sunday, the Japanese Meteorological Agency (JMA) said, but media said there were no immediate reports of damage. There were reports of volanic stones raining down at a distance of 2.5 km (1.5 miles) from the volcano, NHK public television said. The eruption alert level has been raised to 5, the highest, with some areas advised to evacuate, it added. Sakurajima is one of Japan's most active volcanoes and eruptions of varying levels take place on a regular basis. In 2019 it spewed ash 5.5 km (3.4 miles) high.
https://www.sott.net/article/470242-Sakurajima-volcano-erupts-on-the-island-of-Kyushu-in-western-Japan-on-24-July
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Tornadoes in east China's Jiangsu affect thousands
At least one person was killed, and 25 were injured after tornadoes hit 11 villages in Lianyungang City in east China's Jiangsu Province on Wednesday. As of 6:00 p.m. on Wednesday, 2,272 people have been affected and 3,148 homes damaged. Local authorities responded speedily through emergency rescue and resettlement operations.
https://www.sott.net/article/470243-Tornadoes-in-east-Chinas-Jiangsu-affect-thousands
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Entire police force in NC town resigns in protest of 'progressive' town manager
Kenly Police Chief Josh Gibson and all his full-time officers resigned on Wednesday. The town is left with three part-time officers to run the rest of the department, serving a population of about 2,000. Kenly's town attorney Chip Hewett told WRAL News that the town would be holding an emergency meeting on Friday night at 7 p.m. to discuss how the town would be handling public safety. "We just learned about this [Wednesday], it effects the entire police dept and staff members, we are looking at having an emergency special meeting to figure out how to move forward with it," Hewett said. Even before the resignations, the police force was short-staffed, down from a norm of eight officers to five, Gibson said.
https://www.sott.net/article/470224-Entire-police-force-in-NC-town-resigns-in-protest-of-progressive-town-manager
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Lightning strike causes wind turbine to disintegrate in Texas
A North Texas wind farm is one turbine down thanks to what officials believe was a devastating lightning strike to one of the massive structures on Friday afternoon. Videos from witnesses and firefighters showed the wind turbine generator ablaze and disintegrate in the sky over Crowell, Texas. Doppler radar indicated there was plenty of lightning strikes around the Foard City wind facility before firefighters received the call about the high-altitude fire.
https://www.sott.net/article/470244-Lightning-strike-causes-wind-turbine-to-disintegrate-in-Texas
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US 'concerned' about Zelensky's safety
National Security Advisor Jake Sullivan claims that Russia is "capable of just about anything" US National Security Advisor Jake Sullivan said on Friday that Washington is worried about the personal safety of Ukrainian President Vladimir Zelensky. The US is assisting Zelensky with his security, Sullivan added. "President Zelensky's personal safety is something that concerns us," Sullivan told the Aspen Security Forum in Colorado. "This is a leader in wartime, dealing with an enemy in Russia that is ruthless, brutal and capable of just about anything." "President Zelensky takes the precautions you would expect to protect himself," Sullivan continued, adding that the US is helping to "facilitate" the Ukrainian leader's security, without elaborating.
https://www.sott.net/article/470245-US-concerned-about-Zelenskys-safety
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'It just disintegrated': Lightning strike sparks massive wind turbine fire in North Texas
A lightning storm caused quite a shocking scene after it zapped a massive wind turbine in North Texas, setting it ablaze before it came tumbling down. Shortly after being struck, the wind turbine continued to spin, sending the flames in a loop and leaving rings of smoke behind. Videos of the fire were captured Friday and were posted to Twitter by Chris Lopez.
https://www.sott.net/article/470195-It-just-disintegrated-Lightning-strike-sparks-massive-wind-turbine-fire-in-North-Texas
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Reality bites: Foreign soldiers flocked to Ukraine after Russia invaded, but five months on, the fighting is taking a heavy toll.
'The closest thing I've seen to hell': U.S. veterans fighting in Ukraine describe heavy losses in the battle against Russia After a thrilling first few months of unexpected success that boosted morale among the Ukrainian ranks, the reality of the bloodiest European conflict since World War II has taken its toll among some of the thousands of foreign fighters who traveled from abroad to battle the Russian invaders. The war has long moved past the Ukrainian victory in Kyiv's suburbs, which are still scarred by the mass graves and blown-out buildings of the Russian occupation. Instead, after months of battle, soldiers push for excruciatingly incremental gains from trenches in the grassy plains and farm fields of the country's east and south. It's now a grueling artillery slugfest. Comment: Let the truthifying begin. Ukraine did not 'win a victory' at the "Battle of Kiev". The Russians very publicly withdrew a token force that was only meant to pin a portion of the UAF around Kiev,...
https://www.sott.net/article/470246-Reality-bites-Foreign-soldiers-flocked-to-Ukraine-after-Russia-invaded-but-five-months-on-the-fighting-is-taking-a-heavy-toll
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Israeli PM Yair Lapid warns Moscow that shutting down immigration agency would hurt relations
Israeli Prime Minister Yair Lapid has warned Russia against shutting down an agency that processes the immigration of Jews to Israel, saying the move would have a serious impact on bilateral ties. Lapid told a meeting of senior officials on July 24 that closing the offices of the Jewish Agency for Israel would be a "serious event that would affect relations," a government statement said. Russia's Justice Ministry has demanded that the Russian branch of the agency be shut down, and Moscow's Basmanny district court has scheduled a hearing on the ministry's request for July 28.
https://www.sott.net/article/470247-Israeli-PM-Yair-Lapid-warns-Moscow-that-shutting-down-immigration-agency-would-hurt-relations
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UK unveils emergency plans over fears of winter blackouts due to energy shortages
Millions of households might be facing requests to turn down their thermostats and switch off their lights, as the Government seeks to implement measures to avoid winter blackouts. As concern about an upcoming gas or electricity supply shortage has grown, the National Grid has met with energy industry representatives. This possible public appeal to use less energy is part of emergency contingency plans in place. After Russia cut supply via the Nord Stream 1 pipeline, EU countries have already been asked to reduce their gas usage by 15 per cent next month. Comment: Russia was forced to reduce supplies - it has yet to cut it off entirely - after Germany, in league with Canada, held a turbine, critical to NSI's functioning, to ransom; these governments even acknowledged as much.
https://www.sott.net/article/470248-UK-unveils-emergency-plans-over-fears-of-winter-blackouts-due-to-energy-shortages
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Astronomer suggests it is time to look for near-Earth asteroids in the direction of the sun
Scott Sheppard, an astronomer with the Institute of Astronomy at the University of Hawaii, has published a Perspective piece in the journal Science suggesting that it is time for the space science community to take a closer look at near-Earth objects (NEOs) that lie in the direction of the sun. In his paper, he notes that the technology now exists to look for and find such NEOs, at least during the twilight hours. As Sheppard notes, most space gazing is fixed at the dark night sky, when the sky is not overwhelmed with light from the sun. But as a result, space scientists have ignored the NEOs that orbit between Earth and the sun. And that could lead to trouble, since one or more of them could be on a path that leads to them crashing into Earth.
https://www.sott.net/article/470249-Astronomer-suggests-it-is-time-to-look-for-near-Earth-asteroids-in-the-direction-of-the-sun
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'Manipulated' Alzheimer's data may have misled research for 16 years
The key theory of what causes Alzheimer's disease may be based on 'manipulated' data which has misdirected dementia research for 16 years - potentially wasting billions of pounds - a major investigation suggests. A six-month probe by the journal Science reported "shockingly blatant" evidence of result tampering in a seminal research paper which proposed Alzheimer's is triggered by a build-up of amyloid beta plaques in the brain. In the 2006 article from the University of Minnesota, published in the journal Nature, scientists claimed to have discovered a type of amyloid beta which brought on dementia when injected into young rats.
https://www.sott.net/article/470250-Manipulated-Alzheimers-data-may-have-misled-research-for-16-years
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Ukraine whines on social media that Hungary is spreading 'Russian propaganda'
Kiev slams Viktor Orban for saying anti-Russia sanctions and arms supplies to Kiev have brought no results Hungarian Prime Minister Viktor Orban's remarks about the ineffectiveness of anti-Russia sanctions are "a classic example of Russian propaganda," Ukrainian Foreign Ministry spokesman Oleg Nikolenko claimed on Sunday. Orban said on Saturday that the decision to impose sanctions on Moscow and supply Kiev with heavy weapons had turned the EU and NATO member states into de facto participants in the conflict, while failing to deliver results. Responding in a Facebook post, Nikolenko said the idea that "sanctions did not shake Russia" represent "a classic example of Russian propaganda."
https://www.sott.net/article/470251-Ukraine-whines-on-social-media-that-Hungary-is-spreading-Russian-propaganda
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Hawaii Senate Majority Leader gets 3 years in prison for bribery
Another day, another corrupt Democrat has been caught breaking the law. A prominent Hawaii Democrat was sentenced to 40 months in prison on Wednesday for taking bribes in exchange for shaping legislation while in office. Former Democratic Senate Majority Leader J. Kalani English pleaded guilty to honest services wire fraud earlier this year, admitting in court that he accepted bribes from a Hawaii business owner in exchange for shaping legislation that would benefit a company involved in publicly financed cesspool conversion projects. Comment: Honest services fraud is a crime defined in 18 U.S.C. ยง 1346, added by the United States Congress in 1988, which states "For the purposes of this chapter, the term scheme or artifice to defraud includes a scheme or artifice to deprive another of the intangible right of honest services." - Wikipedia English must surrender to authorities and begin serving his sentence on Aug. 16. "English peddled the power and influence of his position as a...
https://www.sott.net/article/470252-Hawaii-Senate-Majority-Leader-gets-3-years-in-prison-for-bribery
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WHO declares Monkeypox a global health emergency
The World Health Organisation (WHO) has declared the monkeypox outbreak to be a global health emergency - the highest alarm it can sound - following its "extraordinary" spread to more than 70 countries. MailOnline has more. WHO Director-General Tedros Adhanom Ghebreyesus made the decision to issue the declaration despite a lack of consensus among experts serving on the U.N. health agency's emergency committee. It was the first time the chief of the U.N. health agency has taken such an action. "We have an outbreak that has spread around the world rapidly through new modes of transmission about which we understand too little and which meets the criteria in the international health regulations. I know this has not been an easy or straightforward process and that there are divergent views among the members of the committee." A global emergency is WHO's highest level of alert, but the designation does not necessarily mean a disease is particularly transmissible or lethal. WHO's...
https://www.sott.net/article/470253-WHO-declares-Monkeypox-a-global-health-emergency