Submitted by Brandon Smith via Alt-Market.com, As I outlined in my article ‘The False Economic Narrative Will Die In 2017’, the mainstream media has been carefully crafting the propaganda meme that the Trump administration is inheriting a global economy in “ascension,” when in fact, the opposite is true. Trump enters office at a time of longstanding decline and will likely witness severe and accelerated decline over the […]
WASHINGTONThe White House said on Thursday Israel’s building of new settlements or expansion of existing ones in occupied territories may not be helpful to achieving peace with Palestinians.“While we don’t believe the existence of settlements is an impediment to peace, the construction of new settlements or the expansion of existing settlements beyond their current borders may not be helpful in achieving that goal,” the White House said […]
SEOUL U.S. President Donald Trump’s defense secretary warned North Korea on Friday of an “effective and overwhelming” response if Pyongyang chose to use nuclear weapons, as he reassured Seoul of steadfast U.S. support at the end of a two-day visit. “Any attack on the United States, or our allies, will be defeated, and any use of nuclear weapons would be met with a response that would be […]
Uber chief executive Travis Kalanick has quit President Donald Trump’s business advisory council on the eve of its first meeting, after mounting criticism from passengers and drivers angry over the president’s immigration order. The move will raise the stakes for other executives on the council, including leaders from Blackstone, IBM, GE, GM, Disney, Pepsi and Tesla. Several have already voiced concerns about the travel ban but none […]
Friday 02.15 GMT Overview Asian markets retreated following another cautious session on Wall Street overnight. Investors have headed to the sidelines as they digest the Federal Reserve’s most recent policy meeting and await the closely watched US jobs report due later on Friday. Hot topic Central banks have been in focus this week. The Bank of Japan, Federal Reserve and Bank of England have all kept monetary […]
SHANGHAI China’s top diplomat said the country’s ‘Silk Road’ push would help boost international cooperation at a time when the risk of “isolationism” is growing. The ‘One Belt, One Road’ scheme, promoting infrastructure projects along historical land and sea trade routes, is helping “align China’s development with that of other countries”, State Councillor Yang Jiechi said in a commentary on Friday in the official China Daily newspaper. […]
“96 million really wanting a job and they can’t get (it). You know that story. The real number — that’s the real number.” Donald Trump cited this highly misleading statistic in his first press conference after the election. It was a claim with scant evidence, but he said it anyway. But what if someone could stop a world leader during a speech and demand proof? It may […]
ORINOCA, Bolivia Bolivia on Thursday opened a $7 million museum dedicated to President Evo Morales and indigenous peoples in Morales’s birthplace of Orinoca high up in the deserts of the Bolivian antiplano. Morales ordered the museum to be built by decree shortly after he became Bolivia’s first indigenous president in 2006, creating a place to hold hundreds of his gifts as well as photos, videos and archaeological […]
Microsoft has filed a formal request for an exception to President Donald Trump’s ban on travel into the United States from seven countries, saying visa-holding students and workers who are “responsible known travellers with pressing needs” should be permitted to re-enter the nation under the sponsorship of US companies. Trump’s executive order — preventing travel into the US from Iran, Iraq, Syria, Sudan, Somalia, Yemen, and Libya […]
WASHINGTON The Trump administration said on Thursday Israel’s building of new settlements or expansion of existing ones in occupied territories may not be helpful in achieving peace with Palestinians, adopting a more measured tone than its previous pro-Israel announcements. In a statement issued two weeks before Israeli Prime Minister Benjamin Netanyahu is due to visit U.S. President Donald Trump, the White House said the administration “has not […]
By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we enjoy a good laugh, the truth is that the first step to […]
ABU DHABI // Tensions between the UAE and Iran escalated on Thursday after the Iranian charge d’affaires was summoned by the Ministry of Foreign Affairs and International Cooperation. Dr Abdulrahim Al Awadi, the ministry’s assistant minister for legal affairs, handed him a note of protest on “Iran’s illegal provision of weapons to the coup militia against the legitimacy in Yemen”. “Iran’s move is in violation of United […]
The war of words with Iran came just hours after news had emerged of a combative phone call that took place on Saturday between Mr. Trump and Australia’s prime minister, Malcolm Turnbull, when Mr. Turnbull pressed the president to honor an American agreement to accept 1,250 refugees from an Australian detention center. Continue reading the main story On Thursday morning, Mr. Trump told an audience at the […]
WASHINGTON U.S. President Donald Trump discussed with Jordan’s King Abdullah the possibility of establishing safe zones in Syria, the White House said on Thursday. Trump met with King Abdullah briefly in Washington on Thursday morning, the White House said in a statement. Trump said last week he would establish safe zones in Syria for refugees fleeing violence in the war-torn country. (Reporting by Eric Beech) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); […]
By Gina Cherelus | NEW YORK NEW YORK Hundreds of New York City bodegas, grocery stores and restaurants owned by Yemeni Americans closed for hours on Thursday in protest against U.S. President Donald Trump’s immigration policies, organizers said. Loyal patrons who rely on the stores for staples of daily life had to look elsewhere for lunch after more than 1,000 locations shut their doors from noon to […]
By Patricia Zengerle | WASHINGTON WASHINGTON President Donald Trump said on Thursday that “nothing is off the table” in dealing with Iran following its test launch of a ballistic missile, and his fellow Republicans in Congress said they would back him up with new sanctions. Trump comment was in response to a question about whether he would consider military options to respond to Tehran, a day after […]
By Maria Carolina Marcello | BRASILIA BRASILIA The Supreme Court picked its newest member on Thursday to take over the investigations of politicians implicated in Brazil’s biggest-ever graft scandal, expected to shake the country’s establishment and government because of important new testimony. Court officials said Justice Edson Fachin was chosen by random electronic selection from among a group of five of the court’s 10 members and will […]
By Anna Irrera | NEW YORK NEW YORK Widespread opposition to U.S. President Donald Trump’s immigration curbs has proved a boon for CrowdJustice, a startup that helps individuals and organizations raise money online to fund legal cases. CrowdJustice, which until now has been based in Britain, this week brought forward the date of its U.S. launch by three weeks to take advantage of various campaigns to defend […]
President Trump’s mocking tweets about the “failing” New York Times and its “dwindling” subscriber base miss the boost his election and early days in office are giving the company’s business. CEO Mark Thompson stopped short today of saying Trump was the cause of a record 276,000 net quarterly growth in digital subscriptions in the last quarter of 2016 and a continued surge this month, bringing the Times’s […]
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi Deputy Supreme Commander of the Armed Forces, bids farewell to Sheikh Tamim bin Hamad Al Thani, Emir of Qatar, at the Presidential Airport. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi Sheikh Tahnoon bin Zayed, National Security Advisor, bids farewell to Sheikh Tamim bin Hamad Al Thani, Emir of Qatar, at the Presidential Airport. Hamad Al […]
The Bank of England upgraded UK growth forecasts significantly for the second time in six months on Thursday in the latest indication the central bank’s once-dire outlook for the economy after June’s Brexit vote has been proven overly pessimistic. The bank said it now predicts gross domestic product will grow 2 per cent this year, the same as last year and up from 1.4 per cent forecast […]
Nickel rose on Thursday, outpacing other industrial metals, as speculators rushed to close bearish bets after the Philippines pressed ahead with an environmental crackdown on domestic producers. Nickel for delivery in three months on the London Metal Exchange rose as much as $250 to $10,500 tonne after Manila ordered the permanent closure of mines that produce about 8 per cent of the world’s nickel supply. The metal […]
By David Ljunggren and Rod Nickel | OTTAWA/WINNIPEG OTTAWA/WINNIPEG Canadian Prime Minister Justin Trudeau is taking a low key approach to dealing with U.S. President Donald Trump, seeking to avoid clashes while indirectly signalling the two leaders’ differences to a domestic audience. Insiders acknowledge the cautious strategy could anger progressives whose support helped bring Trudeau to power in 2015 but say for now, he has no choice […]
ANKARA A bill to change the Turkish constitution and usher in the executive presidency long sought by President Tayyip Erdogan has been formally presented to Erdogan, broadcaster NTV, a procedural step that will pave the way for an April referendum. Once Erdogan approves the bill, which is he is widely expected to do, the referendum will then likely be held on a Sunday in early April. (Reporting […]
