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By EcoCrops International on 29 Oct 2018 at 8:00 PM After being slapped with a $20 Million fine for Tweeting he was going to take Tesla private without any backing you would have thought that Musk would stop firing off words on Tweeter at all hours of the day or night. However, on Friday evening in a thread about criticism and his like ratios on the Twitter platform, the CEO of Tesla Musk claimed that his ill-fated 420 tweet in August was worth the forty million in fines that the regulators levied on him and Tesla in response. Why? The likes. This month a Federal Judge approved Elon Musk and Tesla’s settlement with the US Securities and Exchange Commission after it successfully argued that they had made false and misleading statements in regards to going private.  In addition to paying out $40 million in fines, Elon was compelled to step down as the Tesla’s Chairman for at least three years. Tesla was also required to reign in Musk’s communications with investors. A numb

According to sources that have spoken to Bloomberg China is considering a move to reduce car purchase tax form 10 per cent to as little as 5 per cent, a 50 per cent drop. The move is in response to China's ailing automotive market which is heading for its first decline in car sales in almost two decades, which some are saying is a direct result of the US trade war. China has seen outstanding growth in the automotive market thanks to the increasing income of the Chinese middle classes. The proposal has been good news for carmakers across the globe with Volkswagen AG seeing their share price increase by a staggering 6.9 per cent, the biggest intraday move since July 2016. Ford Motor Co. and General Motors Co. rallied in U.S. trading, while BMW AG and Daimler AG gained in Germany. This is helping to steady the world’s largest automotive market, which is facing its first decline in more than two decades as a trade war with the U.S. hits at consumer spending power. The t

Asian stock gave up an early lead on Monday, with The Chinese stocks Market leading the declines, amid worries about U.S.A-China trade relations and the performance of the tech sector on Wall Street. Declining from the start of trade, the Shanghai Composite SHCOMP, -2.18% finished down 2.2% and the smaller-cap Shenzhen Composite 399106, -2.02%   fell 1%. The Hong Kong stocks Market joined regional peers recovering from Friday’s global sell-off, though early gains were whittled in a few minutes. The benchmark Hang Seng Index HSI, +0.37%  finished up 0.4%, after rising 1% gain the open. Among active Chinese property developers, Sino Land 0083, -2.38 %, fell over 1.9%, while China Resources Land 1109, +1.15%   finished up 1 %. One of the Index major HSBC 0005, +5.04%   stood out, climbing more than 5.1% after posting a 32% rise in third-quarter net profit. Most Chinese automakers listed in Hong Kong were down heavily, with Great Wall Motor 2333, -8.08%   losing 8%. Japan’s Nikkei,

The US has sent a clear message to China that they plan to stand strong on the recent trade sanctions. No high-ranking officials will attend a major China Investment Fair. The U.S. Embassy confirmed on Wednesday that no officials will be at the event, as the situation worsens between the two largest economies on the planet. "China needs to make the necessary reforms to end its unfair practices that are harming the world economy," an embassy spokesperson said, speaking on routine condition of anonymity. "The U.S. government has no current plans for high-level U.S. government participation" in the expo, the official told The Associated Press. "We encourage China to level the playing the field for U.S. goods and services." The Chinese press reported the inaugural China International Import Expo has seen a great response as over 2,800 companies from 130 nations plan to attend the event, the trade show will be hosted in Shanghai on Novem

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The price of Canadian Oil plunged last month and with the losses continuing through most of October.  With the Canadian oil firms exposed too much lower prices than their competitors in the USA by as much as $40 to $50 a barrel. Due to the cost of Transporting oil from Alberta to the refineries in the United State, Western Canada Select (WCS) oil trades at a discount relative to WTI.  In 2018 this discount started to grow as a result of Canadian pipelines being filled with a brim. The problem is that Canadian Oil has failed to build a major pipeline from Alberta to either the US or the Pacific Ocean.  The existing pipeline projects have run into years of delay or have been scrapped. This left WCS prices languishing at a deep discount of $30 a barrel during this year.  The problems increased in late September with pipelines being maxed out.  And the massive BP refinery in Indiana undertook maintenance.  The WCS oil price plunged to the low of $20 a barrel. The discounts mean tha

With the value of bitcoin has fallen by about 70% since its peak late last year, the mother of all bubbles has now gone bust. More generally, cryptocurrencies have entered a not-so-cryptic apocalypse. The value of leading coins such as Ether, EOS, Litecoin and XRP have all fallen by over 80%, thousands of other digital currencies have plummeted by 90%-99%, and the rest have been exposed as outright frauds. No one should be surprised by this: four out of five initial coin offerings (ICOs) were scams, to begin with. Faced with the public spectacle of a market bloodbath, boosters have fled to the last refuge of the crypto scoundrel: a defence of “blockchain,” the distributed-ledger software underpinning all cryptocurrencies. Blockchain has been heralded as a potential panacea for everything from poverty and famine to cancer. In fact, it is the most overhyped – and least useful – technology in human history. In practice, blockchain is nothing more than a glorified spreadsheet. But it

Here are a few suggestions 1) Canopy Growth Corp. Although Canopy Growth Corp. (NYSE:CGC) is possibly the most well-rounded of all Canadian marijuana growers, it's still projected to lose money in the fiscal year 2019 by Wall Street. The reason is that of its need to expand the company's infrastructure in international markets, as well as build up its existing brands and marketing strategy. Canopy Growth also needs to finish the expansion of its 5.6 million square feet of growing space in British Columbia, which is costing a pretty penny. The good news is that Canopy Growth has more than enough capital to complete its expansion in B.C. and internationally. On Aug. 15, Constellation Brands, the producer of the Modelo and Corona beer brands, announced that it'd be taking a $3.8 billion equity stake in Canopy Growth. With well over $4 billion in cash on its balance sheet, Canopy has more than enough capital to beef up its abroad presence. 2) Though you might have e

Tesla Stock Forecast "TSLA" Price Prediction Chart Is Tesla Inc a Good Investment

The kingdom of Saudi Arabia has been in the headlines for all the wrong reasons lately, and the pressure is mounting after the arrival of U.S. Secretary of State Mike Pompeo Tuesday morning. Relations between the two countries have been strained to say the least over the past couple of weeks, as Saudi look to make a deal with Russia over sustaining oil prices.  In relation to the recent events of the alleged killing of journalist Jamal Khashoggi, speaking to journalists on Monday evening, Mr Trump offered a possible explanation to counter Turkish officials' assertion that a team of 15 Saudi operatives arrived at their consulate in Istanbul on Oct. 2 and killed and dismembered the Saudi writer. It could have been "rogue killers," Mr Trump suggested. According to reports from CBS news the Saudi government was planning to admit he was killed, but call it an accident. Saudi Arabia' oil minister and chairman of Saudi Aramco Khalid A. Al-Falih arrives

According to S&P Global Rating Chinese Local Governments have accumulated in excess of 40 Trillion Yuan ($5.8 Trillion) of off-balance sheet debts and that defaults are extremely likely to occur. A team of S&P Economists lead by Gloria Lu reported that much of this debt built up by Local Governments Finance Vehicles do not have the full financial.  “The potential amount of debt is an iceberg with titanic credit risks,” Defaults are beginning to mount in China Missed bond repayments in 2018 have already surpassed previous highs     www.ecocropsinternational.com   Defaulted publicly issued bonds in China With the National Economy slowing due to the growing trade tensions with the USA, the Beijing set of quota for the issuance of local-Government bonds is not enough to fund the old and new infrastructure projects that are used to support regional growth.  Authorities across the country have resorted to LGFV (Local Government financing vehicle) to raise the ne

The World Stock Markets have nosedive over the past two weeks and has sparked concerns among many investors that a long-feared bear market might finally have begun.  The S&P 500 index is 7% below the all-time high. Goldman,  says the firm is confident that the bull market remains intact even despite the recent sell-off across the global markets.  5 Reasons Goldman Is now Bullish:  S&P 500 EPS is predicted to rise to 21% year-over-year in the third quarter.  Economic expansion is still in a mid-cycle.  Corporate return on equity is rising and at a high for this bull market.  Only 37% chance of a recession in the next 3 years according to Goldman's Economists  Return on Equity is rising  Concern For Investors A big concern for the bears of the investment world this year has been stock valuations that seem to be stretched. Goldman counters that rapid earnings growth has fueled only minor increases in stock prices this year. As an example of strong busines

Oil prices could surge to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to Saudi Arabia-based Al Arabiya television. The warning from Al Arabiya's Turki Aldakhil comes amid heightened tensions between Saudi Arabia and America. Now the Turkish authorities claim Khashoggi was murdered and his body was removed. Saudi Arabia has publicly and fiercely denied that allegation. Many are asking why the Saudis have acted in such a manner but their recent history is not good. In recent years there have been the following events with the Saudis Qatar Blockade Kidnap Lebanese PM War in Yemen A stupid argument with Canada The Royal shakedown at The Ritz Carlton If U.S. sanctions are imposed on Saudi Arabia, we will be facing an economic disaster that would rock the entire world, similar to the crash in 2008. Meanwhile, the U.S. is hoping on Saudi Arabia to curtail soaring energy prices and help offset lost Iranian oil supply. It would lea

Fine wine and spirits have been a staple of the alternative investment markets for some time now, and an auction at Sotheby´s in New York this weekend has shown why. A single bottle of 1945 Burgundy sold for a staggering £424,000 to become world’s most expensive wine. It easily eclipsed the previous record of £177,000 for a standard bottle The Romanee-Conti is viewed by many as the finest Burgundy one can drink. The final price paid on Saturday evening was 17 times more than its estimated worth. It smashed the world’s previous high-mark for a standard bottle: an 1869 Chateau Lafite Rothschild which sold for a comparatively inexpensive £177,000 in Hong Kong in 2010. A few minutes after Saturday's sale, another 1945 Romanee-Conti went for £377,000. The wine’s vineyard may help explain its worth. It spans just four acres in the Cote de Nuits region, with no more than 6,000 bottles produced each year. The bottle is one only 600 made before the vines were harvested for rep

Jeffrey Gundlach the famed American inventor and business mogul believes that the global stock market is signalling 'something bad' is happening. Why would anyone listen? He has the pedigree and experience to make people sit up and listen. Gundlach was formerly the head of the $9.3 billion TCW Total Return Bond Fund, where he finished in the top 2% of all funds invested in intermediate-term bonds for the 10 years that ended prior to his departure. He was fired by TCW in 2009. In 2009, shortly after his firing from TCW, Gundlach founded Doubleline, along with Philip Barach and 14 other members of Gundlach's senior staff from TCW.  Barach was Gundlach's co-manager of the $12 Billion TCW Total Return bond fund.  In a February 2011 cover story, Barron's called him the "King of Bonds." Jeffrey Gundlach is of the opinion that the U.S. stock market will not be able to continue to diverge from global equity markets in the long-term. "I said [before

US stocks have decreased more than 1,200 points in the last two days, as the market's recent downturn gets worse and indices in Asia and Europe also took a massive dip. The Dow Jones fell 545 points and on Wednesday the Dow Jones Industrial Average plunged more than 850 point, which was its worst drop in over 7 months. This is the sixth day of losses for the markets, as there are signs of a slowdown in the economy and us battle trade with China. The Nasdaq fell 92 points, or 1.3 per cent, to 7,329.06. The Russell 2000 dropped 25 points, or 1.6 per cent, to 1,550.25. Now Investors are trying to find out the best place to put their money amid concerns over  slowing global economic growth, but  even though there is a lot going on in the markets, here at EcoCrops International the project we're currently running in Estonia is a Asset-backed investment where you would own the land and trees on  99 Year Lease. Even healthcare and bank stocks took a tumble on Thursday, th

According to a recent article by CNBC, September saw OPEC increase their oil output while in the same month Iran decreased their production. The increase was the equivalent to 132,000 barrels per or a total of 32.8 million barrels per day. Supply hikes from Saudi Arabia, Libya, the UAE, Nigeria and Angola offset a drop in production from Iran and Venezuela. OPEC lowered its forecast for oil demand growth, upped its projection for non-OPEC supply increases and said its outlook for the economy has softened. Numerous OPEC members including Saudi Arabia and Libya, produced enough new barrels on the market to make up for a drop in production by Iran, who are seeing a decrease in demand for their crude as a direct result of the U.S. sanctions, according to a monthly report. OPEC which consists of 15 oil-producing nations has predicted a drop in oil demand for the rest of 2018 and 2019, at the same time advising that the outlook for economic growth is slowing, especial in emerging mar

Over the past ten years, Wall Street became addicted to very easy money.  low-interest rates from the Federal Reserve made investors take more risks by moving into risky stocks. now that is reversing, for good reasons that the American economy is really strong, and the Federal Reserve is raising the interest rates, making sure the economy doesn't overheat and keeping inflation to a normal level. Now the tit for tat tariffs and trade war between the United States and China is going to hurt businesses and investments. But the IMF cut its forecasts for the US and China, which won't help first time or jittery investors.  But on the other hand, the good news  America is minting money right now. Third quarter S&P 500 earnings are projected to rise massively by 20%.  Strong profits could very well ease Investor worries and anxiety. When Treasury rates spiked earlier this year the market spooked but Investors seemed to cool down and carry on as normal EcoCrops Internat

The Dow Jones Industrial Average has had its biggest drop since last February as it closed at 25,598.74, losing 3.2 % of its value,  falling  831.83 points.  The tech-heavy NASDAQ index also traded quite low, closing at 7,422.05, down 315.97 points, which was its biggest loss in over 2 years. The stock markets went down because of a sell-off in tech stocks, which caused disputes in trades as tensions which china escalate. With the Dows overall loss, Most tech giants have been trading at Historical highs all year.  Even Apple shares dropped 4.6 % to close at $216.36, Amazon stock fell 6.2 % to $1,755.25 a share and Facebook stocks ended the day 4.1 %lower at $151.38. Just this year, the Federal Reserve has continued raising interest rates. The central bank has been at odds with President Trump who throughout being the United States president has publicly attacked its policy of continuing to raise interest rates. www.ecocropsinternational.com To contact us click here

The (IMF) has said and warned the world that Brexit is the biggest risks for worldwide financial stability. They as part of its new stability report the IMF said that all financial institutions must step up there preparations for a post-Brexit landscape. The worst case scenario a no deal Brexit otherwise know as a hard Brexit is where the UK would crash out of Europe with no agreements in place. This will affect cross-border trades, financial institutions and services. The IMF is now saying all financial institutions need to look at new measures for a no deal Brexit. The IMF Report which comes out every two years is the most comprehensive and has been Reported every two years since the 2008 crash.  The IMF has also said leaving Europe without a deal would affect market sentiment and leave Europe trapped in market fragmentation, which means money and the banks won't be able to flow cash around the system efficiently. www.ecocropsinternational.com   To