The annual Munich Security Conference, a Cold War era trans-Atlantic focused meeting to address severe military challenges, but which has over the years grown to include nations from around the world addressing pressing security issues, kicked off late this week on a pessimistic note. “The whole liberal world order appears to be falling apart,” Wolfgang Ischinger, chairman… Read More

Submitted by OilPrice China is taking its renewable energy push to new heights, literally, after the country’s scientists revealed plans to build and launch in orbit a space solar station that could capture the Sun’s rays 24/7, Chinese media report. China has already started to build an early experimental space power plant in the city… Read More

Even though Amazon walked away from billions in subsidies in New York, the company may still wind up qualifying for federal tax breaks that are intended to help distressed communities by building a new data center in Virginia. About 30 miles west of Washington, Amazon and its partners are preparing to build a facility to… Read More

Authored by Patrick Buchanan via The Unz Review, Both of America’s great national parties are coalitions. But it is the Democratic Party that never ceases to celebrate diversity – racial, religious, ethnic, cultural – as its own and as America’s “greatest strength.” Understandably so, for the party is home to a multitude of minorities. It… Read More

Israel Defense Forces (IDF) conducted a massive military exercise last week which was designed to prepare soldiers for combat operations in “topographical conditions” comparable to those in Lebanon, The Times of Israel reported. Carried out by the 401st Brigade of the Armored Corps, the exercise was the largest in years. IDF forces completed the field training exercise… Read More

Last week, Morgan Stanley’s resident bear, Mike Wilson, slashed his EPS outlook for the S&P, declaring that an earnings recession has arrived, not just for Q1 earnings, where EPS are now forecast to decline 2.2% Y/Y, the first drop in three years, and how now expects full year EPS to grow just 1%, down from… Read More

Amid the political turmoil of Washington’s attempted coup, Venezuela’s socialist utopia has sparked an entrepreneurial spirit among its repressed citizens who are making 1000% returns, taking advantage of the distorted centrally-planned economy’s prices for goods, by crossing the Colombian border with gasoline, flour, rice, and cheese spread. While the west attempts to send truckloads of… Read More

Though he missed the torrid rebound in stocks during the first six weeks of 2019 (US stocks have, by at least one measure, experienced their best start to a year since 1991, when Gundlach didn’t expect the rebound to start until later in the year), Doubleline Capital founder Jeffrey Gundlach’s warnings about the risks endemic… Read More

Authored by Charles Hugh Smith via OfTwoMinds blog, The smart money is liquidating assets, paying off debt and moving capital into collateral that isn’t impaired by debt or speculative valuations. The Federal Reserve’s sudden return to “accommodative” dovishness in response to the stock market’s swoon telegraphs its intent to fire up QE once the recession… Read More

Via Southfront.org, Introduction Nuclear submarines are the leading strike force of a fleet, capable of covertly controlling the expanses of the world’s oceans and quickly deploying in the required directions.  They deliver unexpected and powerful strikes from the depths of the ocean on both sea and land targets. The main striking force of the Russian… Read More

Authored by Vladislav Sotirovic via Oriental Review, Read Part 1 here… It is a very fact that modern Public International Law strictly prohibits either any threat of armed force by any sovereign political entity (state) or use of armed force by any state acting without the authorization of the UNSC on the foundation of the… Read More