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After last night’s news that Trump (and Steve Bannon) are now actively deciding whether to fire National Security Advisor Mike Flynn over the recent scandal involving his [hone calls with Russian ambassador, Sergey Kislyak, discussing the Russian sanction something he denied publicly on several occasions, yet which now appears to have been the case, the ice below Flynn got thinner this afternoon when the  Trump administration for […]

TEL AVIV Israeli Prime Minister Benjamin Netanyahu sidestepped a question on whether he still supports the creation of a Palestinian state as he left for the United States on Monday on his first visit since President Donald Trump took office. Netanyahu has never publicly abandoned his conditional backing for Palestinian statehood, which he first stated in 2009, but Palestinians say that commitment has been rendered worthless by […]

Excerpted from today’s Blain’s Morning Porridge by Bill Blain of Mint Partners Over weekend drinks, dinners, very good lunches and rugby banter I was repeatedly told by my chums with real jobs in Industry, Services and Government how terrible this Trump fellow is turning out. It’s terribly liberal of us all to be illiberal about him. A couple of times I tried to respond in rational terms […]

‘Governor Moonbeam’ In the 1970s, Jerry Brown cemented his place in the national imagination as “Governor Moonbeam,” a liberal dreamer who embodied California cool — or California kook, depending on where one stood. He drove a Plymouth Satellite, spurned the governor’s mansion for a mattress on an apartment floor and dated singer Linda Ronstadt. But beneath that caricature lay a policy wonk who embraced the environmental movement […]

|By Matein Khalid| The US Dollar Index has now fallen 3.5% since it peaked on January 3. Donald Trump and his White House aides broke the 20 year taboo against speaking out against the “strong dollar” policy platitudes. The Federal Reserve did not raise interest rates and signaled no rate hike is imminent at the March FOMC. It is significant that the US dollar has fallen against […]

Jeb Hensarling did not hold back last week, when asked on CNBC about the flaws of Dodd-Frank. “It clogs the arteries of capitalism in our system. It hurts working people. It hurts consumers. It needs to go,” said the chair of the House Financial Services Committee, about the signature piece of financial regulation of the Obama era. “You can’t get a healthy economy as long as you […]

WASHINGTON A White House official on Sunday launched a blistering attack on the federal appeals court that blocked President Donald Trump’s executive order on immigration, calling its ruling a “judicial usurpation of power.” The Trump administration has faced multiple legal setbacks to its travel ban issued on Jan. 27, and the Republican president has said he may issue a new order rather than go through lengthy court […]

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By Jeffrey Heller | JERUSALEM JERUSALEM Prime Minister Benjamin Netanyahu said on Sunday he would present “responsible policies” in talks with U.S. President Donald Trump, signalling to the Israeli far-right to curb its territorial demands in the occupied West Bank. Netanyahu leaves for Washington on Monday and will see Trump at the White House on Wednesday for their first meeting since the Republican’s inauguration last month, with […]

In a centrally planned economy decisions on what to produce, how to produce and for whom are taken primarily by the government. The term is usually associated with communist economies. However, since US President Franklin D. Roosevelt implemented a robust range of government policies in the 1930s to counter the effects of the Great Depression, using principles that would be popularized by UK economist John Maynard Keynes, […]

Friday 21:00 GMT Overview US stocks and industrial commodities were riding high and the dollar forged ahead at the end of a week in which an outbreak of worries over forthcoming European elections was replaced by renewed bullishness about the policies of Donald Trump, US president. The more confident mood was also driven by optimism about corporate earnings and evidence of strong trade growth in China. Hot […]

Trump may be busy hosting Japan PM Shinzo Abe in Mar-A-Lago, as he tweeted moments ago… Melania and I are hosting Japanese Prime Minister Shinzo Abe and Mrs. Abe at Mar-a-Lago in Palm Beach, Fla. They are a wonderful couple! — Donald J. Trump (@realDonaldTrump) February 11, 2017 … but that did not prevent him from taking yet another jab at the US legal system, which he […]

Vincent Viola, the billionaire high-frequency trader, has withdrawn his candidacy to join Donald Trump’s administration on Friday, becoming the first high-level casualty of what has been a chaotic start to the new presidency.  The end of Mr Viola’s bid to become Mr Trump’s secretary of the Army came as he faced questions about whether he could extricate himself from his business dealings sufficiently to meet government ethics […]

By Dan Levine and Scott Malone | SEATTLE/BOSTON SEATTLE/BOSTON A federal judge in Seattle on Friday granted a nationwide temporary restraining order blocking U.S. President Donald Trump’s recent action barring nationals from seven countries from entering the United States. The judge’s order represents a major challenge to the Trump administration, which is expected to immediately appeal. The judge declined to stay the order, suggesting that travel restrictions […]

While the White House said it had not yet taken an official position on settlement activity, its statement hinted at the kind of understandings that Israel had with President George W. Bush. Continue reading the main story In a 2004 letter to Prime Minister Ariel Sharon of Israel, Mr. Bush articulated a policy that allowed for continued Israeli building in major settlement blocs that Israel intended to […]

By Lawrence Hurley | WASHINGTON WASHINGTON The U.S. Supreme Court on Friday scheduled oral arguments in a major dispute on transgender rights for March 28, when the U.S. Senate is set to be in the midst of a political fight over President Donald Trump’s nominee to a vacant seat on the bench. By March, the Republican-controlled U.S. Senate is likely to be deliberating on whether to approve […]

The White House has said that Israel’s settlement building programme “may not be helpful”, marking the Trump administration’s first public response to a construction spree on Palestinian lands announced by the government of Benjamin Netanyahu in recent days. The statement, issued two weeks before Mr Netanyahu is due to visit President Donald Trump in Washington, is a rap on the knuckles for the Israeli prime minister, who […]

By Emily Stephenson and David Shepardson | WASHINGTON WASHINGTON President Donald Trump will huddle with chief executives of major U.S. companies on Friday as the business community finds itself increasingly split over how to respond to his policies. Uber CEO Travis Kalanick on Thursday quit the business leaders’ group, a panel selected by Trump in December, under pressure from activists over Trump’s week-old executive order halting travel […]

Conservative Republicans are girding themselves for a clash with Donald Trump’s administration, warning that lax spending plans could put national debt on a steeper upward trajectory. The president has wrongfooted Republican deficit hawks by proposing to slash tax, protect social security and Medicare, boost defence spending and build a wall along the border with Mexico. Some lawmakers fear even fiscally conservative colleagues will buckle in the face […]

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 […]

Here’s how support for e-filing breaks down: Thirty-four members of the Senate’s Democratic caucus co-sponsored the Senate Campaign Disclosure Parity Act in the last Congress, as did 11 sitting Republican senators. That includes conservative Republicans — such as Sens. Joni Ernst and Chuck Grassley of Iowa — as well as liberal darlings like Sen. Elizabeth Warren, D-Mass., and Sen. Bernie Sanders, I-Vt. Then add at least three […]

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 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 […]

La Villette, a corrugated iron convention hall on the northern rim of Paris, was meant to be François Fillon’s launch pad towards the French presidency after winning the centre-right nomination in a landslide. But on Sunday he stood in the packed venue, days after claims emerged that the Republican candidate had allegedly employed his wife in a fake parliamentary job for years and, suddenly, victory seemed to […]

Targeting the weak The us-versus-them dynamic is “easy for many people to rally around,” said Jonathan D. Weiler, a political scientist at the University of North Carolina. Targeting feared or unpopular minorities is a way of “setting a boundary,” said Sheri E. Berman, a political scientist at Barnard College — a way to distinguish between “us” deserving of protection, and “them” who are a threat. Continue reading […]

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