Member Info for nomlungu

Argentex Group - caught out by FX volatility and cannot pay margin calls. £50 m/cap suspended...

https://www.lse.co.uk/rns/AGFX/financial-position-suspension-of-trading-c6he0m29oabhn9w.html

Is this the first or the last?

They are losing the on-device [also called Edge] AI race and many will want to keep their AI in-house, so it is a huge chunk of their addressable market.

The DOW has dropped 1000 points 11 times in history.

4 of those have been since “Liberation Day”

3D stacking is coming to chips... Apple's next range of chips [the M5 series] will be the first. The new tech will improve unified memory access... And this is the current Achilles heel of NVIDIA chips, as it brings very large language model access to consumer grade chips.

If Apple gets it right, they eat NVIDIA...

Thanks... It was a bit dumb of me not to post the link.

It's already begun: History offers an ominous lesson about economic crashes

https://www.rawstory.com/raw-investigates/economy-world-war/

'Republicans are entirely responsible for this loaded debt gun that’s now being put to our heads. Reagan’s tax gifts to billionaires (which is still in effect) have cost America at least $20 trillion; Bush’s have cost us around $6 trillion, plus another $6 trillion for the two illegal wars he lied us into to win the 2004 election; and Trump’s last tax cut cost us an estimated $5 trillion. That’s $37 trillion, and our national debt right now only stands at $36.22 trillion.'

Dow, dow, deeper and dow...

https://www.cnbc.com/quotes/.DJI

Beyond the Noise #62: Giving infectious diseases a break

Prof VR {TWiV] and Paul Offit chewing the RFK cud... we are entering darker days.

It cannot be long before some countries start considering windfall taxes on Gold, especially if the orange god causes a worldwide recession.

Gold up just under 3% today...

Joe Blogs yesterday: 'USA Dollar Crash Continues'

https://www.youtube.com/watch?v=bD5iHKOOgg8

Joe Blogs today: 'USA Dollar Falls Further'

https://www.youtube.com/watch?v=Rh8OIjPmlc8

Gold up nearly 3% in $ today

https://www.gold.co.uk/gold-price/today/ounces/USD/

Dow down nearly 2%

https://www.cnbc.com/quotes/.DJI

The Orange God is literally smashing it...

Up 33% in £ and € over the last year but 43% in $ prices so some of the rise is the $ falling. I am also well exposed so happy to see the rise.

Wood Group - there is 'possible offer' at 75% over the current SP; the market is saying it is bull5h!t and the company is going to fail. Not for Widows and Orphans.

https://www.lse.co.uk/rns/WG./update-on-possible-offer-b7rfyjm8pvv6rzw.html

Being forced to meet the lettuce hastened the end of The Queen; I am sure having to give an audience to couchboy will have speeded The Pope's demise.

Extra paperwork to blame - sounds like brexit

https://www.ft.com/content/13428bb2-3ccd-453f-a5c7-608b4f5721f4

“To maintain the high-quality service commitment of DHL Express to its customers, starting Monday, April 21 2025, and until further notice, DHL Express will temporarily suspend [business-to-consumer] shipments to private individuals in the US whose declared value exceeds $800,” the company said in a statement.

Imagine what would happen if America left the IMF - on the Project 2025 wishlist so worth bearing in mind

https://www.ft.com/content/23be461b-1aae-429a-ab25-e8805d6ded62

https://archive.ph/35sVV

The Growing US-China Tech Gap You Didn't Know About

https://www.youtube.com/watch?v=6SeasfH1Pf0

The little-known law firm behind the biggest case in UK history

https://www.ft.com/content/c6046add-dcae-4a73-ac48-6d8f8cbbac55

---or---

https://archive.ph/2i4PD

Did the team each get a Fabergé egg in gratitude for all they have delivered for themselves?

China’s rare earths controls prompt fears of auto shortages and shutdowns

https://www.ft.com/content/b8269eff-b60a-435f-8e85-43f9fa36f9c2

===or===

https://archive.ph/XYw3Z

AI TLDR

'China’s new export controls on seven key rare earth minerals and magnets, imposed in April 2025 in retaliation for US tariffs, threaten to disrupt global automotive production. Stockpiles outside China could run out within three to six months if exports remain blocked, risking shutdowns in electric vehicle and wind turbine manufacturing[4][7][9]. Heavy and medium rare earths, essential for high-performance magnets, are almost exclusively processed in China, leaving Western manufacturers scrambling for alternative supplies. The controls highlight the vulnerability of global supply chains and are expected to accelerate investment in non-Chinese sources, but new capacity will take years to develop[10][6][9].

Citations:

[1] https://www.csis.org/analysis/consequences-chinas-new-rare-earths-export-restrictions

[2] https://www.bbc.co.uk/news/articles/c1drqeev36qo

[3] https://www.theregister.com/2025/04/15/china_rare_earth_elements_restrictions/

[4] https://www.nytimes.com/2025/04/13/business/china-rare-earths-exports.html

[5] https://www.cnn.com/2025/04/15/business/china-trumps-trade-war-rare-earth-intl-hnk/index.html

[6] https://www.supplychaindive.com/news/rare-earth-supply-chain-disruptions-impacts-DOE/600857/

[7] https://www.mining.com/china-suspends-rare-earth-magnet-exports-report/

[8] https://www.reuters.com/world/china-hits-back-us-tariffs-with-rare-earth-export-controls-2025-04-04/

[9] https://discoveryalert.com.au/news/rare-earth-magnets-critical-2025-applications/

[10] https://www.crugroup.com/en/communities/thought-leadership/2025/export-controls-on-rare-earths-supply-chain-expected-to-encourage-ex.-China-investments

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Answer from Perplexity: pplx.ai/share'

"turned out,to be just a PR stunt"

I have heard it said that he wanted the PR for his home audience to show himself as a 'man of god seeking peace' and not the aggressor.