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By David Morgan | WASHINGTON WASHINGTON Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump’s cabinet is studded with oil champions sensitive to the risk of higher gasoline prices. Trump’s emerging leadership includes Exxon Mobil Corp Chief Executive Officer Rex Tillerson as secretary of state, former Texas Governor Rick Perry as energy […]

But Trump has also ventured beyond mere name-calling, turning the 2016 election into a competition between knowledge systems: the tell-it-like-it-is “people” versus the know-it-all “elites.” His campaign insisted for months that pollsters and technocrats and media would be proven wrong by his electoral success. The fact that he did win dealt a blow to an entire worldview, one in which empirical inquiry and truth-telling were supposed to […]

Donald Trump is expected to tap a longtime advocate of greater protectionism as his US trade representative in yet another signal that his administration is poised to enact the aggressive trade policies he advocated during the campaign into government.  Robert Lighthizer, whose impending nomination was reported by US media on Monday, has been seen as the favourite for the trade role for weeks and has been leading […]

WASHINGTON No evidence has emerged to suggest Russian hacking influenced the outcome of the U.S. presidential election and it would be irresponsible to jump to conclusions before receiving a final intelligence report, Donald Trump’s spokesman said on Monday. “There is zero evidence that they influenced the election,” Sean Spicer told Fox News. Due to become White House press secretary when Trump enters the White House on January […]

In a time of great change; upheaval of norms and establishment status quo dissolution, there is one steadfast member of the elite that the world can rely on to never change – no matter how the facts around him do. Nobel-prize-winner Paul Krugman has begun the year as he ended the last, with a New York Times’ op-ed exclaiming that “America has become a ‘Stan’.” In 2015 […]

By Margarita Antidze and Sergei Karazy | TBILISI/KIEV TBILISI/KIEV Republican Senator John McCain said on Sunday the United States could only improve its relations with Russia by taking a tough stance with President Putin, calling for stronger sanctions against Moscow. On a tour of the Baltic states, Ukraine and Georgia, McCain and other senators assured the former Soviet-dominated countries that the United States would support them, despite […]

ABU DHABI // Dealing with Iran, the conflict in Yemen and finding a viable outcome to the Syrian crisis are the main challenges the United States will face in the Middle East this year, according to a report by an American think-tank. The 2017 Global Forecast by the Centre for Strategic and International Studies found that the US will also have to work on rebuilding its partnerships […]

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Authored by Eric Zuesse via Strategic-Culture.org, I’m a former lifelong Democrat, stating here a clear and incontestable fact: Barack Obama is a failed President. It’s true not just because of the sad realities such as that «Top Ex-White House Economist Admits 94 % Of All New Jobs Under Obama Were Part-Time» — or, as the economists Alan Krueger and Lawrence Katz wrote in the original of that study: «94 percent of the […]

By Lewis Krauskopf and Chuck Mikolajczak | NEW YORK NEW YORK After a late-year rally fueled by the U.S. election pushed stocks to surprising new peaks, investors are wary that the market could be primed for a spill to start 2017. The benchmark S&P 500 .SPX is set to post a roughly 10 percent price gain for 2016 and around 12 percent on a total return basis, […]

Submitted by Michael Shedlock via MishTalk.com, Yesterday, President Obama expelled 35 Russian “Operatives” from the Russian Embassy. Is there any evidence those expelled are “intelligence operatives”? Any hard evidence Russia was behind the Hillary hacks? Any credible evidence that Putin himself is to blame? The answers are No, No, and No. Yet, once again the American press is again asked to co-sign a dubious intelligence assessment. Rush […]

A bipartisan chorus of lawmakers, upset with President Obama’s decision last week to allow the passage of a United Nations resolution condemning Israel’s construction of settlements in disputed territory, made clear that they were looking past the departing administration. Continue reading the main story Senator Benjamin L. Cardin of Maryland, the top Democrat on the Foreign Relations Committee, said he shared Mr. Kerry’s concerns “with the lack […]

The announcement of new US sanctions against Russia paves the way for a potential showdown between Congress and Donald Trump’s incoming administration over what kind of stance Washington should take against the country in the future. Mr Trump has called for closer ties with Moscow and played down its role in the Ukrainian conflict. But he is likely to face fierce resistance from a bipartisan coalition in […]

A year ago the coffers at Argentina’s central bank were empty as the country teetered on the brink of a currency crisis. Now banks are scrambling to fly dollars back to the US as their vaults fill to bursting with piles of cash.  That would sound like good news for Alfonso Prat-Gay, who as finance minister this week boasted that his tax amnesty had already repatriated $90bn hidden […]

By Dustin Volz | WASHINGTON WASHINGTON The FBI squarely blamed Russian intelligence services on Thursday for meddling in the 2016 U.S. presidential election, releasing the most definitive report yet on the issue, including samples of malicious computer code said to have been used in a broad hacking campaign. Starting in mid-2015, Russia’s foreign intelligence agency, the FSB, emailed a malicious link to more than 1,000 recipients, including […]

By Jeff Mason and Lesley Wroughton | HONOLULU/WASHINGTON HONOLULU/WASHINGTON President Barack Obama ordered the expulsion of 35 Russian suspected spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking U.S. political groups in the 2016 presidential election. The measures, taken during the last days of Obama’s presidency, mark a new post-Cold War low in U.S.-Russian ties which have deteriorated over Ukraine and Syria. […]

Russia is set to round off a year of rejuvenated global standing with the distinction of watching its currency stand apart from other major economies and resist US dollar strength. The rouble has been the only major currency to appreciate against the dollar since the end of September and, so far this year, has outperformed rivals, up more than 21 per cent against the dollar to Rbs60.48. […]

ISTANBUL Prominent Turkish journalist Ahmet Sik on Thursday said he was being detained by authorities over a Twitter statement he made while an opposition lawmaker who spoke to him said the reporter was being accused of terrorist propaganda. At least 81 journalists are imprisoned in Turkey, according to the New York-based Committee to Protect Journalists (CPJ), with more than 130 media outlets shut since a failed coup […]

If there is one thing that unites Middle Eastern leaders these days, it is concern over what Donald Trump might do in 2017. A true political outsider, Trump will arrive in the White House next month with no track record and no political markers that might give an indication. The list of policy problems is certainly long, yet his list of policy ideas, as mooted during his […]

For two years, the Obama administration and House Republicans had been locked in a constitutional legal battle over the financing of a key Obamacare subsidy intended to lower the out-of-pocket costs of low-income enrollees. That litigation was upended by ‘s November victory. A federal appeals court had been weighing a judge’s earlier ruling that the […] (via WSJ)

US secretary of state John Kerry delivered a stinging rebuke of the Israeli government on Wednesday, accusing it of making the establishment of a viable Palestinian state nearly impossible through the expansion of settlements in the occupied West Bank and East Jerusalem. With Israeli prime minister Benjamin Netanyahu joining forces with president-elect Donald Trump to attack the Obama administration, Mr Kerry said that the US allowed a […]

By Lesley Wroughton and Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State John Kerry warned on Wednesday that Israel’s building of settlements in occupied territory was endangering Middle East peace, expressing unusually frank frustration with the longtime American ally. In a swiftly issued statement, Israeli Prime Minister Benjamin Netanyahu accused Kerry of showing bias. He said Israel did not need to be lectured to by foreign […]

WASHINGTON U.S. President-elect Donald Trump on Wednesday chided the Obama administration for its stance toward Israel, shortly before the U.S. secretary of state was set to deliver a speech regarding international opposition to Israeli settlement building. “We cannot continue to let Israel be treated with such total disdain and disrespect. They used to have a great friend in the U.S., but…….,” Trump, a Republican, wrote on Twitter. […]

By Andrew Osborn and Orhan Coskun | MOSCOW/ANKARA MOSCOW/ANKARA Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years under an outline deal between Russia, Turkey and Iran, sources say. Such a deal, which would allow regional autonomy within a federal structure controlled by Assad’s Alawite sect, is in its infancy, subject to change […]

$6.2 million: Amount former World Wrestling Entertainment executive Linda McMahon, who Trump picked to serve in his Cabinet as the Small Business Administration administrator, donated to pro-Trump political groups ahead of the election 33: Number of states that will be led by a Republican governor in 2017 3-to-1: Factor by which Team Clinton outgunned Team Trump on the TV airwaves during the general election 11: Percentage of TV ads sponsored by […]

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