Predictions Archives - Page 3 of 4

No Privacy, No Property: The World in 2030 According to the WEF

December 10, 2020

By Antony P. Mueller The World Economic Forum (WEF) was founded fifty years ago. It has gained more and more prominence over the decades and has…

President Donald Trump Predicts Victory, Cites Alleged Irregularities, Predicts Litigation

November 6, 2020

“I easily win.” By Richard Moorhead President Donald Trump reiterated his belief of impending victory in the 2020 presidential election, claiming he wins the election…

Surreal 2020 timeline portends danger for America

October 9, 2020

by Christopher G. Adamo The only thing leftist Democrat Kamala Harris got right in her October 7 debate with Vice President Mike Pence was that…

Five ways to ensure that models serve society: a manifesto

June 26, 2020

Pandemic politics highlight how predictions need to be transparent and humble to invite insight, not blame. Andrea Saltelli, Gabriele Bammer, Isabelle Bruno, Erica Charters, Monica…

The Man Who Predicted “Mayhem” In 2020 Ten Years Ago Says A Civil War Could Be Next

June 18, 2020

by Tyler Durden Thu, 06/18/2020 – 08:11 A decade ago Peter Turchin predicted that 2020 would be “mayhem”, including “widespread civil unrest”. Turchin teaches cultural evolution at…

Operation Coronavirus Next Phases: Resurgence Predictions and Bioterror Attack?

May 10, 2020

So what are the next phases in Operation Coronavirus? Now that the New World Order (NWO) manipulators have worked so hard to get everyone isolated…

Bitcoin (BTC) Price Is ‘Too Low’: Twitter Reacts to Elon Musk’s Jaw-Dropping Tweet

May 5, 2020

Alex Dovbnya Tesla CEO Elon Musk tanks his company’s stock by claiming that it’s too high while invigorating another debate around the price of Bitcoin…

The Changes to Come

April 28, 2020

In a few months, everything will be largely back to what it was within the United States. The big changes will be geopolitical. The Democrats…

‘Savage’ recession will present M&A opportunities – CRH

THE Covid-19 pandemic will result in a "savage recession" around the world that will eventually present significant merger and acquisition (M&A) opportunities, according to Albert Manifold, CEO of building materials giant CRH. He also told the Irish Independent that the company - Ireland's biggest - is working closely with the Construction Industry Federation here to develop safe working practices so that activity can be restarted "at the appropriate time and at the appropriate speed". "There's good progress being made by both the Government, the trade unions, and indeed the Construction Industry Federation to do so," said the CRH boss. "There is a way to do that," he added, particularly for large-scale civil works. Mr Manifold pointed out that during the previous recession, CRH spent €3bn on M&A between 2008 and 2013, and an additional €3bn on capital expenditure. The group generates 65pc of its earnings in the United States. Its total earnings before interest, tax, depreciation and amortisation were €4.2bn last year. "I wouldn't like to take any bold or significant moves on M&A in the short term because of the uncertainty that's out there," he said. "Most opportunities will emerge in the early years of the recovery," he added. "Although companies might stumble their way through the recession, it's as we come into the recovery when you have most demands on working capital - on building working capital and building business. That's when companies usually stall and fall. "I think that during that period of time, we'll expect to see some opportunities emerge." He added: "There has always been a reset or a shake-out in our industry after recessions. "This is going to be a particularly savage recession, a tough recession, but I think that those who come into it with financial strength are the ones that will survive it best. "I do believe there will be opportunities for inorganic growth in the recovery phase after the recession." CRH engineered its biggest ever transformational deal in 2015, when it agreed to pay €6.5bn for assets from rivals Holcim and Lafarge as the latter pair merged. They sold assets to satisfy competition concerns. Releasing a trading update yesterday in advance of what will be a restricted annual general meeting today, CRH said it had a solid start to 2020. However, activity in March, particularly in Europe, was hit as movement and business activity restrictions were imposed. CRH has temporarily laid off about 12,000 of its more than 80,000 workers during the crisis. Mr Manifold also defended the planned payment of CRH’s final dividend in respect of 2019 – set to be approved by shareholders today at its AGM – and which will amount to just over €494m. The company said it has cash and cash equivalents totalling $6bn (€5.5bn) – enough to meet all debt obligations for the next four-and-a-half years. It has also reduced its capital expenditure and working capital requirements are lower. Senior management have taken 25pc pay cuts. A share buyback programme has been suspended.

‘Savage’ recession will present M&A opportunities – CRH

April 24, 2020

CEO of Ireland’s largest company predicts that as recovery nears, some businesses will ‘stall and fall’ due to pressure THE Covid-19 pandemic will result in…

Another disaster is ready to catch the US unprepared: Drought

April 18, 2020

As the Colorado River slowly dwindles, groundwater resources are depleted, and wells are being dug ever deeper, the specter of drought looms in the US—particularly, but not exclusively,…

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