Reuters reports more migrant crisis chaos hitting Europe as over the weekend hundreds attempted to storm the border fence separating the small Spanish enclave of Melilla from Morocco. The mass wave of migrants made a daring attempt to climb the fence together — likely so that each would have a greater chance of avoiding being apprehended in the… Read More
Authored by Jim O’Neill via Project Syndicate, Italy’s coalition government has been generating headlines with its pursuit of populist economic policies that threaten to leave eurozone fiscal rules in tatters. But before EU authorities respond, they should bear in mind that if Italy does not achieve stronger GDP growth, political conditions there could deteriorate further.… Read More
Russian President Vladimir Putin said Thursday that Moscow would deploy new Avangard hypersonic glider warheads in the “coming months,” adding that Russia’s hypersonic program is the most advanced in the world, according to a new report from the Financial Times. “We are improving our attack systems in response to the construction of a missile defense system by… Read More
Authored by Denis MacEoin via The Gatestone Institute, On July 24, 2018, Britain’s Home Secretary, conservative MP Sajid Javid, issued orders for research into the ethnic origins of the country’s many sexual grooming gangs that had involved large numbers of loosely-termed “Asian men”, who, over many years, had taken vulnerable young white British girls to use or… Read More
Saudi Arabia is still at the center of an international storm of condemnation following the now confirmed murder of journalist Jamal Khashoggi. Even though President Trump has continued to defend the Washington’s most important Arab partner, a new YouGov poll has found that only 4 percent of the U.S. public consider Saudi Arabia an ally… You will find more… Read More
[Reuters] Asia shares pare losses as China rallies on stimulus hope [BloombergQ] Chinese Stocks Rally Most Since 2016 as State Steps Up Support [BloombergQ] Kudlow Blames China for Not Engaging Ahead of Trump-Xi Meeting [BloombergQ] Inflation Creep Is Real, Morgan Stanley Says [BloombergQ] China Breaks Six-Month Streak of Accelerating Home-Price Gains [Reuters] China slams Pompeo’s ‘malicious’ Latam comments amid influence battle… Read More
As Heritage Month invites us to explore our family roots, here’s a poultry tale of how one family has ruffled its feathers over the years, and still managed to find happiness at home. By Rochelle Barrish It’s heritage month, and depending on your lineage, you either go back to the ancestral home to check on… Read More
The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done. According to the Social Security Administration, the median yearly wage in the United States is just $30,533 at this point. That means 50 percent of all American workers… Read More
Authored by Jonathan via LesTraveledRoad.com, We’re getting close to the end now. Can you feel it? I do. It’s in the news, on the streets, and in your face every day. You can’t tune it out anymore, even if you wanted to. Where once there was civil debate in the court of public opinion, we… Read More
Facebook on Wednesday briefed journalists on its latest attempt to stop fake news during the election season, offering an exclusive tour of a windowless conference room at its California headquarters, packed with millennials monitoring Facebook user behavior trends around the clock, said The Verge. This is Facebook’s first ever “war room,” designed to bring leaders from 20… Read More
Via CaitlinJohnstone.com, After more than two years of mania about Russia stealing the 2016 election for Trump and demonization of anyone who questioned it, an embarrassing end may soon be near for the Russia-gaters… In a new article titled “Mueller report PSA: Prepare for disappointment“, Politico cites information provided by defense attorneys and “more than 15 former… Read More
A group of protesters confronted Senate Majority Leader Mitch McConnell and his wife on Friday night at a Louisville, KY restaurant – however the crowd wasn’t having it. A woman who recorded the incident said that the protester “slammed his fists on McConnell’s table and threw food out of the restaurant after accusing McConnell of… Read More
Authored by Jeff Desjardins via VisualCapitalist.com, “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” – Jimmy Dean The world is changing faster than ever before. With billions of people hyper-connected to each other in an unprecedented global network, it allows for an almost instantaneous… Read More
The Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) announced last month the indictment and arrests of three people, including a Baltimore man, involved in the largest-ever Ponzi scheme in Baltimore-Washington metropolitan area. More than 230 people have been taken for a financial rollercoaster as three men ((Kevin B. Merrill (“Merrill”), Jay B. Ledford… Read More
Via USAWatchdog.com, Radio host Dr. Dave Janda says everybody in Washington knows the next big crash is right around the corner. It’s been 10 years since the Fed reflated the last meltdown, and Dr. Janda says President Trump is already blaming the Federal Reserve for killing the economy that his policies revived. Dr. Janda explains,… Read More
After closing Friday’s session unchanged, S&P futures have slumped 0.6%, or 10 points, to 2,749 dipping below both Thursday’s and Friday’s lows… Dow down 140 points… … with the Nasdaq down -0.8% so far in early trading… … after an Axios report poured cold water over enthusiasm that the upcoming G-20 meeting between Trump and… Read More
My entry into publishing had its roots in the restraint of trade imposed by our biggest client. It forced my co-operative of freelancer journalists to branch outside our core area of financial journalism. Leading to the unlikely creation, in 1988, of South Africa’s first horse racing newspaper. Although not a financial success, Racing Digest provided… Read More
In addition to boosting the intangible “wealth effect” by raising consumer confidence and encouraging spending, rising stock prices have a benign effect on the broader economy by directly stimulating US economic growth and GDP. And vice versa: when stocks drop, tightening financial conditions, US GDP is impacted adversely. That’s the observation made in a Friday… Read More
Authored by Andrew Lawrence via Campus Reform, New York University is hosting a two-week celebration of Karl Marx’s May 5th birthday… from Oct. 17-28. NYU Skirball, formally known as the Jack H. Skirball Center for the Performing Arts, will host a two-week celebration of the communist philosopher in commemoration of his 200th birthday. The birthday bash, titled… Read More
Three weeks before midterms, California Senator Kamala Harris (D) floated new legislation which would give American families making less than $100,000 an annual tax credit of $6,000 per year, while those making under $50,000 would be eligible for up to $3,000 per year, reports the Sacramento Bee. Kamala Harris, Willie Brown “Americans are working harder than… Read More