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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Occidental
Earnings

Occidental’s CEO Says Stock Buybacks Take Priority Over Oil Growth

February 7, 2023 Mariel Alumit

Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive Officer Vicki Hollub.“There won’t be significant growth from us because […]

Pervez
Aljazeera International

Pervez Musharraf, ex-military ruler of Pakistan, laid to rest

February 7, 2023 Mariel Alumit

Islamabad, Pakistan – Former Pakistani military ruler Pervez Musharraf, who backed the United States’ invasion of Afghanistan following the 9/11 attacks, has been buried at a cemetery in the southern city of Karachi with “full […]

Aljazeera International

Syria longs for international aid amid earthquake devastation

February 7, 2023 Mariel Alumit

The scale of the destruction in the aftermath of the earthquake that hit swaths of Turkey and Syria on Monday has been unprecedented, even for residents of the war-torn country. On the Syrian side, the […]

Aljazeera International

Mapping the 100+ aftershocks from the Turkey-Syria earthquake

February 7, 2023 Mariel Alumit

NewsMaps More than 5,000 people have been killed with tens of thousands injured across Turkey and Syria after a magnitude-7.8 earthquake and powerful aftershocks struck. The first earthquake hit at 4:17am (01:17 GMT) and was […]

Zero Edge

A Record Number Of Americans Expect Stocks To Tumble Over Next Six Months

February 7, 2023 Mariel Alumit

In a glowing testament to the disaster that is the administration of Biden’s handlers, Americans now predict negative rather than positive outcomes for five key aspects of the U.S. economy over the next six months. […]

Finance

Peter Schiff: Risk On; Economic Understanding Off

February 7, 2023 Mariel Alumit

Via SchiffGold.com, We saw a big rotation into risk assets after last week’s Federal Reserve meeting. Then we had another big shock to the markets when the non-farm payroll report came out much stronger than […]

Fed
Finance

Fed Loan Officers Paints Dire Picture: Loan Standards Approaching Record Tightness As Loan Demand Plummets

February 7, 2023 Mariel Alumit

Late last week, when looking at the most recent Senior Loan Officer Opinion Survey held by the Fed, we noted that the surge in revolving credit has not gone unnoticed by lenders: the on bank […]

Inventory
Zero Edge

Ahead Of “Tsunami Of Returns”, Excess Inventory Continues To Hang Around

February 7, 2023 Mariel Alumit

By Dan Berthiaume of Chain Store Age Like a post-holiday hangover that just won’t go away, many retailers are struggling with unsold products even after holding New Year sales. According to a new survey of […]

Centerra
Rare Earth Minerals

Centerra says Öksüt mine continuing as normal after Turkey-Syria earthquake

February 7, 2023 Mariel Alumit

​Centerra Gold (TSX: CG) (NYSE: CGAU) says its Öksüt mine located in central Türkiye is continuing to operate normally after two powerful earthquakes occurred approximately 180 km (112 miles) from the mine site Monday morning. […]

Pandemic
Finance

Goldman Sees Households Burning Through A Majority Of Pandemic Savings By End Of Year

February 7, 2023 Mariel Alumit

During the Covid-19 pandemic, consumers saved an unprecedented amount of cash thanks to government stimulus and draconian lockdowns. As we’ve been detailing over the past year and a half, those savings could soon be exhausted. […]

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