Category: Economy

S&P: Economic Downturn In Dubai To Persist Through 2022 An economic downturn, or below-trend growth, has been festering in Dubai’s economy since 2014, is expected to continue through 2022 due to depressed oil prices, a global synchronized slowdown, turmoil from the US and China trade war, and political uncertainties in the Middle East, Standard and …

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Revealed: Russian S-400s Already Operational In Turkey, Satellite Images Confirm Early last week Turkey announced the start of a second round of S-400 component deliveries from Russia at a moment Turkish President Erdogan met with Putin in Moscow to hold talks on Syria developments. But it already appears the first batch — delivered in July at …

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When People Get Married Around The World Marriage ages vary widely across the globe – with a lot of underlying reasons. An analysis of UN data (for all countries where data for 2013 or newer was available) shows that the oldest grooms in the world can be found in Italy, where men get married at the median …

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Brazil's Bolsonaro Bans Bic Pens "Because They're French" As Macron Feud Escalates As one of the most entertaining contemporary diplomatic spats drags on, Brazilian President Jair Bolsonaro (who, like President Trump, is known for his sometimes outrageous commentary) reportedly said Friday that he would no longer use Bic pens to sign official documents “because they’re …

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New World Order In Meltdown Authored by Jon Hellevig via The Saker blog, Last week was full of portentous events. Only somebody who has not been awake for the last few years will fail to realize how these at first sight unconnected events are part of the same matrix. There was the ever louder talk …

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Think Trump Is Hitler? Go To Dachau Authored by Peter van Buren via The American Conservative, You won’t find any shallow hashtags at the former concentration camp, just quiet, powerful reality… <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Right now, someone in the media is finding another excuse to proclaim that Trump is Hitler, America is Germany …

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Diamond Crisis: De Beers Sales Crash 44% As Demand Plummets The Financial Times states that De Beers’, the world’s largest diamond miner, has seen a collapse in sales this month, as the entire industry is on the brink of a downturn amid weaker consumer demand and the proliferation of lab-grown stones. De Beers said Wednesday …

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29% Of London Homeowners Are Panic Selling Homes Ahead Of Brexit Deadline  The pound sterling has lost nearly 10% of its value in the last 120 days, as a no-deal Brexit has become more likely. The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, has fallen into a bear market in …

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After Trump Leaves France, Macron Warns World "Is Living The End Of Western Hegemony" Having skulked off stage following his joint press conference with President Trump, French President Emmanuel Macron took the opportunity to bash Trump and embrace Putin (presumably after getting permission from Angela Merkel). <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> “We are living the …

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UBS Turns Bearish On Stocks For First Time Since Financial Crisis With more than $2.48 trillion AUM, UBS Global Wealth Management is one of the world’s largest asset managers. And now, for the first time since the financial crisis, the Swiss bank has dropped its rating on equities to ‘underweight’ as it braces for a …

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