S&P Downgrades Turkey To B+, Forecasts “Recession” And “Hard Landing”

Update: And to round out the triumvirate, Moody’s just joined S&P and Fitch in the Turkey downgrade party… Moody’s downgraded Turkey’s long-term foreign debt rating to Ba3 from Ba2. Additionally, Moody’s shifted the outlook to negative from watch negative. The key driver for today’s downgrade…

Tesla Whistleblower Releases VINs Of Model 3s With Punctured Battery Modules

Update: A Tesla spokesperson has issued the following statement in response to Tripp’s allegations: “These claims are false and Tripp does not even have personal knowledge about the safety claims that he is making. No punctured cells have ever been used in any Model 3s…

Trump Slams NY Gov Cuomo’s “Total Meltdown” After “America Was Never That Great” Comment

Update: President Trump has been made aware of Cuomo’s “total meltdown”… “WE’RE NOT GONG TO MAKE AMERICA GREAT AGAIN, IT WAS NEVER THAT GREAT.” Can you believe this is the Governor of the Highest Taxed State in the U.S., Andrew Cuomo, having a total meltdown!…

Turkish Gold Futures Volume Explodes As Silver Slammed To Lowest Since April 2009

Update: While it seems American (dollar) investors see no value in the barbarous relic, Bloomberg reports that Gold futures volumes have surged on the Borsa Istanbul as the volatile currency attracts speculation and after the lira’s plunge boosted the local price of metal. The 90-day…

Lira, Futures Spike On Report Brunson To Be Released; US Embassy Denies

Update: as noted, the report appears to have been a fabrication: U.S. EMBASSY OFFICIAL IN ANKARA SAYS HAS NOT PUT OUT STATEMENT REGARDING U.S. PASTOR BRUNSON * * * The rollercoaster continues. Moments after the Turkish Lira tumbled following the latest defiant speech by Turkish…

Antifa Attacked Journalists, Why Is Media Staying Silent?(UPDATED)

UPDATE: After making the video CNN’s Brian Stelter and Jake Tapper called out Antifa for attacking Press. Antifa attacked journalists with NBC last night. It was just a quick hit and it seems everyone is ok. But this type of behavior is prevalent among far…

Proud Boys BANNED, H3H3 Shut Down For Discussing Alex Jones

UPDATE: 8:22 PM EST @TEAMYOUTUBE Hi Ethan – Our team looked into this and determined the live stream was taken down incorrectly. The strike has been removed. Our apologies and thank you for your patience! Hi Ethan – Our team looked into this and determined…

New York City Approves Cap On Uber Drivers, Sets Minimum Wage

Update: As previewed earlier, and expected, New York’s city council dealt a political blow to Uber and other app-based car-for-hire companies by approving a one-year industry-wide cap on new ride-hail licenses and giving the city Taxi & Limousine Commission authority to set minimum pay standards for…

Tesla Board Responds To Musk LBO Plan Amid Furious Controversy, And One Burning Question

Update: almost one day after the Musk tweet, Tesla Board members Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch, finally issued a statement: Last week, Elon opened a discussion with the board about taking the company private. This included…

Market Stunned After Musk Discloses Intention To LBO Tesla, Lawsuits Threatened

Update 10: After all that, nobody has any idea what just happened, and a word being increasingly thrown around is lawsuit. As Yahoo’s Rick Newman writes, if the LBO deal described by Musk with “funding secured” is true, it’s a boon for shareholders. But if…