Bloomberg- Russia and NATO Are Both Holding Nuclear Drills Despite Rising Tensions

Reuters- U.S. tries to hobble China chip industry with new export rules

The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing’s technological and military advances.

When is the last time the obsolete media didn’t blame global warming on something like this?

Bloomberg- Dwindling Mississippi Grounds Barges, Threatens Shipments

The logjam is coming at the worst time as the soybean and corn harvests are each about one-fifth complete and supplies will start piling up. The river woes, coupled with a soaring dollar, are destroying demand for US supplies even with Russia’s invasion of Ukraine still impeding shipments in the Black Sea.

Meanwhile, any snags in fertilizer shipments — which farmers rely on to plant crops for next year — are happening as nutrients to grow food have soared and as Hurricane Ian temporarily shut production at a Mosaic Co. fertilizer plant in Florida.

Fire Breaks Out at World’s Biggest Produce Market in Paris

Capt. Marc Le Moine, a spokesman for the Paris fire service, said no one was injured. The fire was brought under control and there was no risk of it spreading from the soccer field-sized warehouse, covering an area of 7,000 square meters (1.7 acres), he said.

The cause of the blaze was unknown but will be investigated, he added.

I’ve known the unknowns since the days they were torching cathedrals.

If you believe that the housing crisis of 2008 could never, ever happen again, you might just be mistaken.

Opendoor is on the hook for properties it picked up in a historically hot market. A Bloomberg analysis of Yipitdata says that as a result, the company lost money on 42 percent of its sales in August.

Opendoor’s buy-to-sale premium — the difference between the price at which it buys a home and the price it sells it for — had never fallen below 1 percent, including at the height of the pandemic, when it bottomed out at just under 4 percent. But Yipitdata cited by DelPrete show that after peaking near 12 percent earlier this year, the premium has fallen to just below zero.

The 5 largest economies in the world are experiencing the fastest slowdown in credit creation in over 20 years.

History suggests that earnings and economic activity will follow.

Soft landing my a** pic.twitter.com/zU4LUzSWWV

— Alf (@MacroAlf) September 17, 2022

Just take your pills, grandpa.

CBC- Nearly a quarter of Winnipeg care home residents given antipsychotic drugs with no diagnosis

Winnipeg nursing home residents are being prescribed powerful antipsychotic drugs at an increasing rate to treat dementia and control behaviour, rather than what the drugs are meant for — to manage symptoms of schizophrenia or bipolar disorder.

Elderly patients with dementia who are treated with antipsychotics have an increased risk of death, mostly due to cardiovascular concerns and infections, according to Health Canada.

Other studies have shown the drugs can increase the risk of falls and fractures in older adults. “You almost put this person into a zombie-like state,” said Dr. Samir Sinha, director of geriatrics at Sinai Health and University Health Network in Toronto.

An “influx of admissions” to nursing homes this year after capacity was reduced during the start of the COVID-19 pandemic is partly to blame, according to the spokesperson.

However, Sinha says the problem may be linked to staffing issues at care homes. “It’s why these behaviours become more problematic for example, and harder to manage — especially when you’re short-staffed,” he told CBC.

Armstrong Economics-  Global Recession

Neither China nor Russia are to blame for Germany’s situation. Russia was simply a diversion to draw attention away from the collapse of the European economy. Negative interest rates beginning in 2014 wiped out pension funds and proved that the central bank was not thinking long-term. COVID restrictions killed the supply chain, and Germany’s insistance in backing Ukraine eliminated what could have been a lucrative pipeline. Had the pipeline gone through, Europe would not have an energy crisis! Ever since COVID, we have witnessed a rising trend of civil unrest.