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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 […]

As an expectant crowd of couples, families, retirees and grizzled world trekkers wait to board our Antarctic-bound ship, the mood is overwhelmingly one of anticipation. Talk is of when the first orca or iceberg will be sighted, and trepidation at the state of the Drake Passage, the notoriously rough sea that sits between us and the pristine ice of Antarctica. As we leave the docks of the […]

I recently wrote about an agenda to mitigate the threats of insecure devices on the Internet of Things. One of the requirements expressed in that agenda is “For every product sold, there is a way that security researchers can responsibly disclose vulnerabilities found”. In this post I want to reflect on the issue of responsible disclosure from the perspective of the Collaborative Security approach, how responsible security […]

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 […]

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 […]

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 […]

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The rouble turned volatile as investors made sense of a tweak by the Trump administration to part of the US sanctions on Russia. The currency moved 1.7 per cent higher, trading at an 18-month high of RUB58.547, before quickly giving up most of that rise and falling back below the RUB59 level as investors parsed the decision. The changes in the sanctions appeared to re-authorised certain technology […]

02 February 2017 For years, mid-tier banks have been told they’re potentially heading for extinction The barbell effect dictates that the middle will be significantly challenged by an increasingly tough business environment, with only the very large and the very niche institutions being able to succeed. And indeed the outlook does look challenging, if one adds up the increased cost of regulatory compliance, the pressure on fees […]

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 […]

Videos of new robot advancements typically throw the Internet into full buzz mode, complete with headlines about Terminators and “robot overlords.” While some of these bleeding-edge bots are terrifying, it’s not for the reasons all the click-bait headlines would have you believe. If you’re even a casual follower of the Internet’s viral videosphere, you’ve undoubtedly stumbled across the latest clip from Boston Dynamics, the Alphabet-owned […]

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 […]

For Syrians, Mr. Trump is merely pushing to extremes a process that has been going on for years. The situation of the refugees, and the underprivileged in general, has been worsening everywhere for a generation. Syria exemplifies a greater global failure. Continue reading the main story The executive order barring Syrians and the citizens of six other countries was among Mr. Trump’s very first actions in the […]

Currency traders are in a bind. Has the dollar rally run out of steam and is it ripe for a big sell-off, or has bullish momentum paused ahead of another leg higher? Here are the pros and cons for the currency as we approach several key events in February. What’s bugging the dollar? Investors’ second thoughts. Dollar trading in recent months can be split into three phases. […]

KINSHASA The death on Wednesday of Congo’s opposition leader Etienne Tshisekedi leaves opponents of President Joseph Kabila seriously weakened in their bid to force Kabila to quit power after he defied constitutional term limits to stay on last year. Democratic Republic of Congo has never experienced a peaceful transition of power and Kabila’s refusal to stand down when his final term expired in December has raised fears […]

One of the outcomes of the Panama Papers scandal could be the “development of policies among European countries that would totally open up the structures by which trusts are run,” Labour MEP Alfred Sant said. Writing in his blog on The Malta Independent today, Dr Sant once again expressed concern that the scandal will have a negative effect on the financial services industry in […]

The Cohort is Poynter’s bi-monthly newsletter about women kicking ass in digital media. Earlier this week, I wrote a piece about whether journalists should participate in political demonstrations and online conversations. While the guidance has always been fairly straightforward (simply put: no), the events of the past few weeks and number of political protests have reignited the debate in newsrooms. More often than not, the answer is […]

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 […]

EDINBURGH London will not help Scotland to hold another referendum on seceding from the United Kingdom during the current parliament ending in 2020, British defence minister Michael Fallon said on Thursday. “No, forget it,” Fallon replied in an interview with the Herald newspaper of Scotland, asked if he would facilitate a new vote on independence. Asked about that again on BBC Radio Scotland, Fallon said: “We’ve made […]

PARIS Pressure on French presidential candidate Francois Fillon to pull out of the election race grew on Thursday as some lawmakers in his own camp urged him to abandon his bid in the face of a fake work scandal to save the conservatives from defeat. The scandal, which surfaced a week ago when a newspaper said the wife of the 62-year-old ex-prime minister, Penelope, had been paid […]

The Western Australian government has awarded a contract to Telstra Health to roll out a AU$10 million Community Health Information System in an effort to “close the gap” in access to health information between metro residents and those living in rural areas. The health information system is designed to record data on children’s health, including their vaccinations, as well as providing information about public health issues, management […]

Nintendo wants the Switch to be the first thing you reach out when you wake up in the morning and the very thing you hold on to for rest of your day. Its Super Bowl ad has made the case for it while promoting The Legend of Zelda: Breath of the Wild in the process. Why Switch The 30-second clip will not claim any award, and it certainly […]

This worldview borrows from the “clash of civilizations” thesis of the political scientist Samuel P. Huntington, and combines straightforward warnings about extremist violence with broad-brush critiques of Islam. It sometimes conflates terrorist groups like Al Qaeda and the Islamic State with largely nonviolent groups such as the Muslim Brotherhood and its offshoots and, at times, with the 1.7 billion Muslims around the world. In its more extreme […]

Almost a decade on from the financial crisis, a global deadline for reform of the $544tn derivatives market has triggered a last-minute scramble by hundreds of small banks, insurers and pension funds. Many of these institutions use bespoke derivatives such as swaps to protect their operations from sudden changes in asset prices. In a month’s time they face higher costs and regulatory burdens. Plenty are not ready. […]

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