In the last two months of the year, financial markets responded to the unanticipated election of Donald Trump in a textbook fashion — not only at the asset class level, with the major moves up in stocks and government yields, but also within asset classes as financials and the dollar surged. In doing so, they were responding to prospects for higher growth, inflation and market inflows following […]
Submitted by Federico Pieraccini via Strategic-Culture.org, The two previous articles have focused on the various geopolitical theories, their translations into modern concepts, and practical actions that the United States has taken in recent decades to aspire to global dominance. This segment will describe how Iran, China and Russia have over the years adopted a variety of economic and military actions to repel the continual assault on their sovereignty by the […]
Donald Trump’s Indonesian business partner, a billionaire developer and media mogul, has announced he might run for president in Indonesia’s 2019 elections. “If there is no one I can believe who can fix the problems of the country, I may try to run for president,” Hary Tanoesoedibjo told the Australian Broadcasting Corporation. “Not for myself, for the country,” he said, adding that the nation of about 260 […]
Chinese residents hoping to cash out of the renminbi will face a great wall of paperwork on Tuesday in a key test of confidence for the currency as the annual quota for individuals’ foreign exchange purchases resets. With individuals in China allowed to purchase up to $50,000 worth of foreign exchange each calendar year, observers will be watching closely for any signs of a rush to use […]
Telling voters what they wanted to hear worked out well for Donald Trump. As Mexico shifts into election gear in 2017, another populist, anti-establishment figure will be hoping to follow in the US president-elect’s footsteps. Like Mr Trump, Andrés Manuel López Obrador is a love-him or loathe-him figure with a message that resonates with the underprivileged and the angry. In the case of Amlo, as the maverick […]
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 […]
After December’s No vote in the Italian referendum, the rise of Donald Trump and the British vote to leave the EU, it appears that the political landscape of the developed world is being redesigned by the victims of globalisation and technological change. Anger towards political elites is pervasive. Yet a few rage-free zones remain, of which Japan is the most conspicuous. How come this country, whose economy […]
Marine Le Pen will borrow €6m from a company owned by her father to fund her campaign for the French presidency this year, after the leader of the far-right National Front failed to secure financing from traditional banks. Florian Philippot, the deputy head of the party, told Europe 1 radio on Sunday that the money would come from a group called Cotelec, which is owned by Jean-Marie […]
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, […]
By Frank McGurty | NEW YORK NEW YORK New York City is preparing for a veritable sea of humanity to converge on Times Square on Saturday for the annual descent of the New Year’s Eve ball, a century-old tradition that will unfold this year under an unprecedented blanket of security. As many as 2 million people, surrounded by a ring of 40-ton sand trucks and some 7,000 […]
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 […]
Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016. The election of Donald Trump as U.S. president and Britain’s decision to leave the European Union have raised questions over the future of tariff-free trade and companies’ freedom to move production to lower-cost countries. Borders are back in vogue. Economic nationalism is paying political dividends. “We […]
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 […]
TOKYO Japan has approached China and South Korea about holding a trilateral summit in Tokyo in February aimed at deepening cooperation on such issues as a free trade deal, the environment and counter-terrorism, Kyodo news agency reported on Saturday. Disagreements over North Korea and historical issues have long dogged relations between the three Asian powers, though they have held several such trilateral meetings since 2008, most recently […]
China, the world’s largest ivory consumer, will implement a comprehensive ban on the controversial trade by the end of 2017, in a move hailed by conservationists. The announcement by the State Council on Friday night follows through on a commitment made in September 2015 during a meeting between Chinese president Xi Jinping and his US counterpart, Barack Obama. The US enacted regulations banning the trade in July. […]
By Ben Blanchard and Benjamin Kang Lim | BEIJING BEIJING China’s military has become alarmed by what it sees as U.S. President-elect Donald Trump’s support of Taiwan and is considering strong measures to prevent the island from moving toward independence, sources with ties to senior military officers said. Three sources said one possibility being considered was conducting war games near the self-ruled island that China considers as […]
And there is a red, or more conservative, Israel that thought the secretary of state was delusional and insulting, divorced from the harsh reality of the only real democracy in the Middle East struggling to preserve itself in a hostile neighborhood. Continue reading the main story Just as in the United States, many Israelis cling to their own facts, retreat to their own media outlets, advance their […]
BERLIN Islamist terrorism is the biggest test facing Germany, Chancellor Angela Merkel said on Saturday in a New Year’s address to the nation, and she vowed to introduce laws that improve security after a deadly attack before Christmas in Berlin. Describing 2016 as a year that gave many the impression that the world had “turned upside down,” Merkel urged Germans to forsake populism and said Germany had […]
TAIPEI Taiwan President Tsai Ing-wen said on Saturday that Taiwan will be “calm” when facing issues to do with China, but uncertainties next year will test the self-ruled island and its national security team, even as she recommitted to maintaining peace. China is deeply suspicious of Tsai, who it thinks wants to push for the formal independence of Taiwan, a self-governing island that Beijing regards as a […]
The events of the past few days have renewed a longstanding debate over whether American Jews must always stand with the Israeli government, and under what circumstances should they criticize a friend. Continue reading the main story “There’s a very clear values clash going on,” said Rabbi Jill Jacobs, the executive director of T’ruah, a rabbinical human rights organization. “On the one hand, we have a small […]
By Elida Moreno | PANAMA CITY PANAMA CITY Panama does not expect any change in its relations with Taiwan or China, a senior official from the isthmus nation said on Friday, despite increased pressure from Beijing on Taiwan’s allies to sever ties. Taiwanese President Tsai Ing-wen will visit Latin America next month, against a tense backdrop after news of her phone call with U.S. President-elect Donald Trump […]
By Sam Forgione | NEW YORK NEW YORK The U.S. dollar slipped on Friday but notched its fourth straight year of gains against a basket of major currencies. The dollar index .DXY, which measures the greenback against a basket of six major rivals, gained about 3.7 percent for the year. The index rose about 7.1 percent during the fourth quarter, more than half that gain coming since […]
