France

Belgium Threatens To Sue Caterpillar For "Brutal, Cruel And Heartbreaking" Decision To Fire 2,000

Caterpillar has gotten into hot water when Belgium's government announced it was considering legal action against the machinery company over the U.S. heavy equipment maker's decision to close a manufacturing site and lay off more than 2,000 workers. Prime Minister Michel described the expected closure of the Gosselies plant in the Wallonia region as "brutal, cruel and heartbreaking."

A Political Hurricane Is About To Sweep Across Europe

If you’ve been paying attention, you could see this coming a mile away. Brexit is just the start of a much, much bigger trend..."The backlash we are witnessing represents a worldwide revolt against globalism and the disconnected and hopelessly corrupt status quo."

The Official Story Is Now The Conspiracy Theory: Paul Craig Roberts Warns "The Tide is Turning"

In a few days it will be the 15th anniversary of 9/11, and this November 22 will be the 53rd anniversary of the assassination of President John F. Kennedy in Dallas, Texas. These two state crimes against democracy destroyed American democracy, accountable government, and the Constitution’s protections of civil liberty. Years after the damage done by these events the American people no longer believe the official stories.

Stock Market Bubble Will Pop, Social Mood Will Get Extremely Ugly

Buying equities will put additional pressure on corporate CEOs to cut expenses and to postpone investments, fostering even greater Main Street resentment toward the financial elite. Consumer confidence won’t rise as consumption and economic growth stagnate. Having so clearly sided with owners of capital, rather than the employees of capital, global central banks are likely to become an easy target for populist ire.

With All Eyes On The ECB, Catatonic Global Markets Remain In State Of Near Paralysis

As the market's comatose trading range continues with no notable moves for nearly 40 consecutive days, there is some hope volatility may return after today's main event, the ECB's announcement due in just two hours, when Mario Draghi may surprise the market in either direction. As of today, the S&P500 has held in a band of 1.5% for 39 days, the narrowest ever for that length of time.

Negative Rates & The War On Cash, Part 2: "Closing The Escape Routes"

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. The existence of escape routes for capital preservation undermines the viability of the banking system, which is already over-extended, over-leveraged and extremely fragile. In the 1930s, gold was the escape route, so gold was confiscated. This time cash serves that role...

Dutch Tesla Model S Driver Dies After Hitting Tree, Battery Catches Fire

Less than a month after the latest incident involving a Tesla, when a Model S spontaneously burst into flames in France during a European "electric road trip", early this morning in Baarn in the Netherlands, a 53-year old Tesla Model S driver tragically died in a crash Electrek reports. His Model S left the road and hit a tree at high speed. The vehicle caught on fire and the driver was reportedly dead by the time the firefighters were on the scene.

Eerie Calm Continues: Futures Flat Ahead Of Apple's Latest Product Launch

The unprecedented period of low volatility, in which the S&P hasn't moved more than 1% in either direction, is now well into its 40th day and the muted overnight session has done nothing to put this streak in jeopardy with S&P futures once again hugging the flatline ahead of the widely expected 3:30pm ramp. European stocks were likewise little changed while Asia was fractionally higher depite a modest dip in the Nikkei.

Traders Return From Vacation To Find S&P Futures Flat, Oil And Dollar Lower, Amid Flurry Of M&A

The return from summer holidays has started in much the same way as we left off August, with another subdued session that has seen European stocks little changed, Asian shares advance and S&P futures are modestly in the green amid a flurry of M&A. The US dollar weakened, with the Bloomberg Dollar Index down 0.2% for the 2nd day in a row as prospects for a U.S. interest-rate hike this month remained subdued.

Dear Angela, Your Refugee Crisis Is Back

To make changes in the EU, 28 nations all have to agree. Thus, it takes years to negotiate treaties, in the best case scenario. In regards to the refugee crisis, a number of countries have essentially to her highness, Angela Merkel “Go to hell”.