First Greece, Now Italy, Portugal Next? While most investors are focused on Italian politics – the parallel currency ‘mini-BoT’ fears and potential for a constitutional crisis – Spain is now facing its own political crisis amid calls for a no-confidence vote against Rajoy. However, ‘Spaxit’ remains a distant concern for investors as another member of …

Continue reading

Brazilian Military Deployed To Break Up Trucking Strike As State Of Emergency Worsens A nationwide trucking strike in Brazil entered day six on Saturday, as blocked roads have prevented critical food and supplies from reaching their destinations. The protests, triggered by a 50% spike in fuel prices over the last year, have resulted in the declaration of a …

Continue reading

Jim Jatras: Forget Kim. It's Time For A Trump-Putin Summit…Now! Authored by James George Jatras via The Strategic Culture Foundation, In the aftermath of US President Donald Trump’s cancellation of his scheduled June 12 summit with North Korea’s Kim Jong-un, the gathering clouds of global conflict are getting thicker and darker: Korea: The cancellation is …

Continue reading

Escaped Ebola Patients Risked Spreading Virus At Packed Prayer Meeting Two Ebola patients who escaped from a quarantine in the Democratic Republic of Congo attended a prayer meeting with 50 other people, raising the possibility that those exposed could reignite the Ebola epidemic that was on the edge of spreading throughout the world back in …

Continue reading

What Backlash? Facebook Usage Jumped After Cambridge Analytica Scandal Not unlike the stock itself, it looks like Facebook users “bought the dip” on using the social media platform after the Cambridge Analytica scandal: the backlash that we were warned about for Facebook as a result of this scandal never happened. In fact, Facebook usage numbers were actually …

Continue reading

100s Of White South African Farmers Apply To Australia For Humanitarian Rescue Back in February, after literally years of scandal, abuse, and incompetence, South Africa’s president Jacob Zuma was finally forced to resign last week, and new President, Cyril Ramaphosa, was supposed to represent a positive, new chapter for South Africa. However, as Simon Black …

Continue reading

"It's Ridiculous" – Parents Furious As Australia Seeks To Ban Use Of "Boy" Or "Girl" In Books “For goodness sake, this is social engineering gone crazy… Leave kids alone to be kids. Stop trying to destroy kids’ childhoods…” That is an example of the furious reaction from parents in Victoria, Australia where the local city …

Continue reading

Scientists Revise Understanding Of Novichok After It Fails To Produce Expected Lethal Effects Authored by Rob Slane via The BlogMire blog, Warning: This article is likely to contain traces of satire. In the aftermath of the poisoning of Sergei and Yulia Skripal in Salisbury on 4th March, scientists are currently re-evaluating their understanding of A-234 …

Continue reading

Why The Soaring Dollar Will Lead To An "Explosive" Market Repricing: A Flow Chart Something curious took place one month ago when the PBOC announced on April 17 that it would cut the reserve requirement ratio (RRR) by 1% to ease financial conditions: it broke what until then had been a rangebound market for both …

Continue reading

The "Fake News" Story Is Fake News Authored by Philip Weiss via MondoWeiss.net, Almost every day on public radio or public television, I hear reports about how fake news is undermining our democracy. These high-minded reporters and anchors seem truly to believe that a feverish menace is overwhelming the minds of once-sensible people. This story …

Continue reading