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Zero Hedge
our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

Judge Blocks Biden’s COVID-19 Vaccine Mandate For Federal Contractors

By Zachary Stieber of Epoch Times A judge on Tuesday blocked President Joe Biden’s COVID-19 vaccine mandate for federal contractors, finding that Biden likely lacks the authority to force them to get vaccinated. “This is not a case about whether vaccines are effective. They are. Nor is this a case about whether the government, at some level, and in some circumstances, can require citizens to obtain vaccines. It can,” U.S. District Judge Gregory Van Tatenhove, a George W. Bush nominee,...

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Lumber Prices Soar As British Columbia Floods Curb Shipments

Lumber prices surged to June highs as Canada's largest forestry company curbed shipments due to supply chain disruptions after severe flooding in British Columbia.West Fraser Timber Co. Ltd. said weekly lumber shipments from Canada's westernmost province fell approximately 25%-30% in the second half of November following floods. Pulp shipments to the port of Vancouver were down 20%. "While West Fraser is utilizing alternative transportation routes and methods to the extent they are available...

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The Perfect Con Job

Authored by Charles Hugh Smith via DailyReckoning.com,One of the most famous examples of smart people being sucked into a bubble and losing a packet as a result is Isaac Newton’s forays in and out of the 1720 South Sea Bubble that is estimated to have sucked in 80–90% of the entire pool of investors in England.Some have claimed that Newton did not buy early in 1711, sell in April 1720 for a nice profit and then sink the majority of his substantial fortune in the bubble as it peaked in summer,...

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NY Man Robs Woman At Knifepoint, Released Without Bail And Promptly Finds Another Female Victim

A man in New York City was arrested for allegedly robbing a woman at knifepoint in a Nov. 22 subway attack. Hours later he was released on  bail by Judge James Clynes, a Democrat.Prosecutors asked for Augustin Garcia to be held on a $15,000 bail after he was arrested for robbery last week, but he was released without bail and was arrested for theft just hours later.  (NYPD)After a good night's sleep in his own bed, 63-year-old Augustin Garcia stole an iPhone from another woman on the subway...

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US Officials Confirm Israel Behind Cyberattack On Iranian Gas Stations

Authored by Dave DeCamp via AntiWar.com,Citing unnamed US military officials, The New York Times reported Saturday that Israel was responsible for a recent cyberattack against civilian infrastructure in Iran that targeted gas stations.The report said Israel was behind an October 26th hack of Iran’s fuel distribution system that caused gas pumps to stop working across the country. Gas pumps displayed a digital message telling customers to blame the problem on Supreme Leader Ayatollah Ali...

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Leaked Video Shows Moment F-35 Jet Rolled Off UK Carrier In Mediterranean 

New video has emerged, possibly the result of a military leak, of a British fighter jet crash that occurred less than two weeks ago off the HMS Queen Elizabeth aircraft carrier in the Mediterranean. A Nov.17 press release put out by the UK Defence Ministry had stated, "A British F35 pilot from HMS Queen Elizabeth ejected during routine flying operations in the Mediterranean this morning." The pilot was described as in safe condition and is back on the ship after the major incident, but...

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Retailers Open Pop-Up Container Yards To Bypass Savannah Port Jams

By Eric Kulisch of American Shipper,Overflow lots set up by large retailers this month as temporary staging areas for imported containers have helped bring down congestion levels at the Port of Savannah, and Georgia officials expect further efficiency gains with this week’s opening of two more port-sponsored pop-up sites.The Georgia Ports Authority, in partnership with the Norfolk Southern, will start accepting loaded containers on Monday at the freight railroad’s nearby Dillon Yard and later...

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Michael Flynn Reportedly Calls QAnon A ‘CIA Disinformation Campaign’

Former Trump National Security Adviser Michael Flynn reportedly believes that 'QAnon' is actually a 'disinformation campaign created by the CIA,' despite having heavily endorsed the movement.In a private telephone conversation with pro-Trump attorney Lin Wood which has not been independently verified, Flynn - according to Wood, dismissed QAnon as 'total nonsense,' the Daily Mail reports.Wood posted the conversation to his Telegram channel on Saturday. Exactly when the call took place is...

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Bitcoin Version Of “Giving Tuesday” Returns With 10 Times As Many Nonprofits

Authored by 'NAMCIOS' via BitcoinMagazine.com,Crypto Giving Tuesday returns this year to connect bitcoin donors with over 1,000 nonprofits from various sectors.Philanthropy platform The Giving Block is launching the Crypto Giving Tuesday initiative on Tuesday, November 30, according to a statement sent to Bitcoin Magazine. The campaign will take place on the same day as the world’s most prominent day of global generosity, Giving Tuesday, to connect bitcoin donors with nonprofits across...

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FDA Advisory Committee Narrowly Votes To Approve Merck’s COVID ‘Miracle Drug’

During a week that has seen a new COVID variant emerge and suddenly throw the efficacy of American vaccines and remedies into question, the FDA's outside advisors have only narrowly approved of Merck's molnupiravir, opening the door for the agency to approve the drug for use among high-risk patients only.The Antimicrobial Drugs Advisory Committee, as the panel is known, voted 13 to 10 in support of the FDA approving the drug, which was first introduced to the public a couple of months ago...

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