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Silicon Valley Bank stock plunges over 50% pre-market
$SVB continues its freefall, now down 66.6%
UPDATE - Silicon Valley Bank stock halted due to pending news.
Futures Tumble As SVB Implosion Spark Global Banking Turmoil; Payrolls Loom
US futures and European stocks pared broader declines earlier sparked by a rush to havens amid concerns about the health of the US banking system following the collapse of Silvergate and the rout that has crushed Silicon Valley Bank, sending it shares down 40% premarket after plunging 60% on Thursday amid a spreading liquidity crisis. The collapse of the lender was sufficiently traumatic to push today's payrolls report - until yesterday the highlight of the week - off the front page.
Nasdaq To Suffer Friday As SVB Matters More Than US Jobs Data
The troubles of Silicon Valley Bank (SVB) have become apparent very suddenly and hence matter significantly for that precise reason. SIVB is down another 45% overnight.
The most obvious victims will be Nasdaq and crypto, but the sentiment spillover will reach across all assets.
[ZH: For details on how we got here and where exactly we are, read here and here]
Importantly, many VC funds were only updating their advice to clients into Thursday afternoon/evening, which suggests that many more startups will be seeking to withdraw cash on Friday, perpetuating the negative news cycle on this.
Biden's Proposed 2024 Budget Will Prompt National Debt to Balloon Nearly Twofold, Watchdog Warns
After US President Joe Biden proposed the budget for fiscal year 2024 on March 9, including some $6.9 trillion in spending, with a $1.8 trillion deficit, the Committee for a Responsible Federal Budget (CRFB) published its analysis of the policy proposals, modeling their impact over the coming decade.
US President Joe Biden may have touted his proposed fiscal year 2024 budget as including new taxes on wealthy Americans and big corporations, however, a watchdog has warned that the "disappointing" policy would cause the country’s national debt to explode.
China's Xi Jinping Unanimously Reelected for Historic Third Presidential Term
Xi was both elected to serve again as the president of the People's Republic of China and chairman of the powerful Central Military Commission during an ongoing session of the 14th National People's Congress - the supreme state authority of the PRC.
Chinese President Xi Jinping was unanimously reelected for a historic third presidential term on Friday, becoming the first Chinese leader to do so. This was made possible by the Chinese legislature's move to abolish presidential term limits in 2018.
West's Nord Stream Media Psy-Op to Fall Apart at Seams if Hersh's Source Decides to Speak Out
The Biden administration is trying to push back against Seymour Hersh's Nord Stream bombshell through its subservient mainstream media, but a ridiculous tale about two divers blasting the pipeline is failing the apparent damage-control operation, international experts told Sputnik.
"The new narrative that a handful of civilians blew up the Nord Stream pipelines on their own is on its face ridiculous," Hans Mahncke, a US investigative journalist and lawyer, told Sputnik. "I assume The New York Times realized how preposterous this tale is, which is why they left out all the details."
Georgian MPs reject ‘foreign agents’ bill
The country’s parliament has voted against the draft law that sparked protests and was condemned by the West
Georgia’s parliament has formally rejected the draft law that would have required individuals and organizations with foreign funding to register as “agents of foreign influence.”
The vote on Friday came hours after the ruling parties said they would withdraw the bill that caused protests and unrest in the country’s capital Tbilisi this week.
Georgia ‘lost chance for sovereignty’ – Moscow
The US stirred up protests against the “foreign agents” bill in Tbilisi, a senior Russian official has said
The US opposed Georgia’s “foreign agents” bill because Washington does not want the country to have political sovereignty, Vyacheslav Volodin, the speaker of the State Duma, the lower house of Russia’s parliament, said on Friday.
Fyodor Lukyanov: As another ex-Soviet state is gripped by violent protests, is a Ukraine-style coup on the cards?
A violent change of power is unlikely, but the current tensions expose the weaknesses in the country’s political system
The entire modern history of Georgia, dating back to the late 1980s, is a chronicle of temperamental lurches towards change. These consist of chaotic attempts at implementation, followed by work to stabilize the situation and build a sturdy state structure, before a new cycle begins. Each time there are objective socio-political preconditions for these perturbations, which are overlaid by both domestic and external factors
US Failed to Deactivate Biolabs in Ukraine Before Russian Op, Despite American Claims: Moscow
MOSCOW (Sputnik) - Washington failed to deactivate biolaboratories in Ukraine before the launch of Russia's special military operation despite claims by US National Security Council spokesman John Kirby, Lt. Gen. Igor Kirillov, the head of the radiation, chemical and biological defense troops of the Russian armed forces, said on Friday.
"The US authorities contradict themselves in their statements regarding the work of US biological laboratories in Ukraine. Thus, in his statement dated January 31, 2023, the representative of the US National Security Council, John Kirby, confirmed the presence of US biological laboratories in Ukraine, while indicating that they were abandoned by personnel and ... 'deactivated' before the start of the special military operation. However, the documents we received deny Kirby's statement," Kirillov told reporters.
Some ‘sober thinking’ left in Ukraine – Kremlin
A senior Kiev official recently admitted that an increasing portion of the country’s population wants peace talks with Moscow
Some Ukrainians are realistic about future relations between Russia and Ukraine, which are bound to be restored in some capacity sooner or later, Kremlin Press Secretary Dmitry Peskov suggested on Friday.
Speaking to reporters, Peskov said that while it was premature to talk about a diplomatic settlement of the conflict, “there are still small streams of sober thinking” in Ukraine about ties between Moscow and Kiev, despite “the flood of propaganda filled with hated of Russia” and “efforts to brainwash the Ukrainian population.”
KCNA: N. Korean Leader Oversaw Fire Assault Drill
North Korea said on Friday that its leader Kim Jong-un oversaw a "fire assault drill" by an artillery unit a day earlier.
The North's state-run Korean Central News Agency(KCNA) said that Kim gave field guidance to the Hwasong artillery unit charged with an “important operational task” of the Korean People's Army on the western front on Thursday and watched the drill.
Overseeing the exercise, Kim reportedly stressed the need to "overwhelmingly respond" to any war preparations by the enemy.
Israeli President Herzog urges lawmakers to choose between ‘disaster or solution’ as the country reaches its point of no return
Herzog called the judicial reforms ‘wrong and predatory,’ revealed that he managed to bridge most of the gaps between the coalition and the opposition
Israeli President Isaac Herzog warned on Thursday that Israel has reached a “point of no return,” following another ‘Day of Disruption’ across Israel.
Herzog urged lawmakers from the coalition and the opposition to reach a broad agreement over the contested judicial reforms.
Trump’s Call for Building ‘Freedom Cities’ Plays Right Into Globalists’ Plan for Fourth Industrial Revolution Control Grid
Trump’s history of talking tough against globalists but then kow-towing to their demands, like he did with the vax, should give us pause
Railroad Group Issues "Urgent Action" Advisory About Loose Railcar Wheels
After a series of Norfolk Southern (NS) freight train derailments, the latest accident on Thursday in Alabama, hours before NS CEO Alan Shaw faced lawmakers about the Feb. 3 toxic chemical spill in East Palestine, Ohio, the Association of American Railroads (AAR) issued a rare advisory urging carriers to stop using certain railcars amid concerns about loose wheels.
UPDATE: Blackrock Board Member and Former Pfizer Executive Is Behind Push for Chicken Vaccinations – Chicken Vax Company Is an Offshoot of Pfizer
There is no evidence that bird flu, known as H5N1, presents a serious threat to the human population. Still, there are concerns that the virus could mutate to spread from person-to-person.
Joe Biden’s primary concern, however, is not community spread arising from H5N1. It’s his own political considerations.
According to The New York Times, Biden sees the rising cost of eggs, along with inflation in general, as a severe threat to his re-election prospects. Biden thinks a mass vaccination campaign could provide relief to households while helping his political fortunes.
Midazolam in Italy
Evidence supporting the iatrogenesis hypotheses for "epidemic" COVID of spring 2020
Ontario's chief medical officer recently confirmed that there was never a government law/mandate for vaccines. He said this over a year ago as well but people didn't seem to get it. Here he is in Feb 2022
Pope Francis Names Pro-LGBTQ Jesuit Jean-Claude Hollerich To His C9 ‘Council Of Cardinals’ As He Seeks To Reboot The Catholic Position On Homosexuality
Pope Francis has named progressive Luxembourg Cardinal Jean-Claude Hollerich to his inner cabinet of advisors despite the cardinal’s rejection of key elements of Catholic moral teaching.
If you know anything at all about the One World Religion that will be in operation during the 7-year reign of Antichrist, you know that it has to include the Muslims and it has to include the 2SLGBTQIA+ crowd as well. Pope Francis ‘sealed the deal’ with the Muslims in 2019, and he just appointed the man who will seal the deal with the queers in 2023. Say hello to Luxembourg Cardinal Jean-Claude Hollerich, a man you will be hearing a lot about in the coming months
Revealed: DHS joins the list of federal agencies spying on Americans – Here’s what you need to know
(Natural News) Spying on Americans isn’t just something that the CIA, FBI, and the NSA do — now it appears that the Department of Homeland Security (DHS), which maintains an Office of Intelligence and Analysis, is doing so as well, according to a new report.
The department “secretly maintains a domestic intelligence program that allows agency officials to interview willing Americans without their lawyers present, raising civil liberties concerns,” according to Breitbart News, which cited Politico.
Sperm counts rapidly declining on all continents, meta-analysis finds
(Natural News) Over the past 50 years, male populations have been emasculated by endocrine-disrupting chemicals. According to a newly updated meta-analysis, which includes 2,936 abstracts and 868 full articles, total sperm count and sperm concentration have fallen steadily every year since 1972. Overall, sperm counts have decreased by more than 50% over a 50-year period. Male infertility rates are becoming a public health crisis.
Twitter Files: Mods Told To Censor ‘Truthful Content That Might Fuel Vaccine Hesitancy’
Twitter moderators were ordered to censor truth-based posts which could promote vaccine hesitancy, according to the latest Twitter files expose.
Internal company documents were published on Thursday by independent journalist Matt Taibbi show.
Infowars reports: Screenshots from a guide outlining moderation policies appearing in the latest “Twitter Files” drop show moderators were instructed to flag “True content which might promote vaccine hesitancy.”
Whistleblower accuses top evangelical leaders of money laundering, tax evasion, and lavish shopping
Armed with reams of financial records and genuine Hillsong Church board documents he received from a whistleblower, Andrew Wilkie, an independent member of the Australian Parliament, accused Hillsong Church founder Brian Houston and other leaders, including the newly appointed Global Senior Pastor Phil Dooley, of money laundering, tax evasion and shopping sprees that would “embarrass a Kardashian.”
Records from the cash cow Evangelical megachurch network also showed popular American televangelists like Joyce Meyer and T.D. Jakes being paid tens of thousands of dollars in honorariums for engagements with the church. Meanwhile, others like Chris Hodges, founder and leader of Church of the Highlands, received “curious payments.”
Alaskan volcano dormant for 100 years delivering ominous warning signs and ‘Significant Unrest’
The Alaska Volcano Observatory raised the alert level to advisory status for Tanaga Volcano on Tuesday following a series of earthquakes according to a report from Fox News.
“Earthquake activity beneath Tanaga Volcano began to increase slowly starting at about 1:30 p.m. AKST today. At roughly 8:45 p.m. AKST this evening, the activity escalated with earthquakes occurring as often as two or three each minute,” the office said in a Facebook post.
Great collection of bad news for today. The Fourth Reich (AKA Industrial Revolution) continues right on schedule. It will be talked about as a accomplished fact - too late to do anything about. All of our cities are already under the auspices of this WEF group.
With all of craziness going on right now..the cat video was fantastic. Thank you!