France

French Schools Will Teach 14-Year-Olds How To Survive Terrorist Attacks

With the French population furious at both its president and prime minister for being woefully slow and ineffective in the government's reactive measures to deadly terrorist attacks, the government - which has lived under a state of emergency for nearly nine months -  decided to take proactive steps, even if these may not be what many had expected or hoped for, and announced that starting in September, French 14-year-olds will receive training on how to survive a terrorist attack on their schools, following a spate of Islamist killings in recent months.

US Futures Rebound, European Stocks Higher As Oil Rises

The summer doldrums continue with another listless overnight session, not helpd by Japan markets which are closed for holiday, as Asian stocks fell fractionally, while European stocks rebounded as oil trimmed losses after the the IEA said pent-up demand would absorb record crude output (something they have said every single month). S&P futures have wiped out almost all of yesterday's losses and were up over 0.2% in early trading.

Islam's "Quiet Conquest" Of Europe

"Dear Europeans, continue to think about a shorter working week, early retirement, abortion on demand and adultery in the afternoon. With your laws, we will conquer you. With our laws, we will convert you...".

Chicago Gangs Reportedly Agree To Use Snipers And Automatic Weapons Against The Police

Is the city of Chicago about to see a wave of unprecedented chaos and violence? According to Chicago police, at a recent gathering of major gangs in the city it was agreed that they would use automatic weapons against the police, and at least one of the gangs already has “a sniper in place” but officials do not know where that sniper is located.

France Moves To De-Radicalize Its Mosques

France is taking steps to de-radicalize its mosques in the hopes of preventing the radicalization of its Muslim community. Since December, the French government, acting under expanded emergency powers, has shut down twenty mosques for preaching Salafism, a strict and highly politicized Sunni interpretation of Islam.

US Futures Flat; Bonds Rise, Dollar And Oil Slide Over US Productivity Collapse Fears

Following yesterday's muted action which saw the S&P500 close unchanged, it has been more of the same listless trading overnight, with US equity index futures little changed as the Nikkei fell on the back of a stronger Yen, while government bonds rose and European stocks reversed early gains following the BOE failed bond monetization operation. Crude oil dropped for a second day after Saudi Arabia told OPEC that it pumped a record 10.67 million barrels of oil a day,

French Tourism Tumbles 10% On Average Following Terrorist Attacks

In the first six months of the year, the number of overnight stays of foreign tourists in France fell by an average of 10%, due to concerns over the attacks, said Secretary of State for tourism promotion, Matthias Fekl, in an interview with the Sunday newspaper.

The Class Struggle Is Real

Tragically, the message of liberalism is simple, yet so difficult to communicate: violent exploitation through politics creates destructive class conflict; peaceful cooperation through the market doesn’t.

Preview Of Key Events In The Coming Week

The coming week brings multiple macro data releases for July, including inflation, trade data, retail sales, IP, credit and money supply. A relatively light US data calendar next week with retail sales the main release on Friday but also import and producer prices and Michigan sentiment coming up. Retail sales will be closely watched to assess consumer spending growth for 3Q.

S&P To Open At New Record High As Commodities Rise, China Trade Disappoints

The meltup continues with the S&P500 set to open at new all time highs as futures rise 0.2% overnight, with European, Asian stocks higher, as job data pushed MSCI Asia Pacific Index towards highest close since Aug. 2015. Germany, U.K. economic data seen positive, with dollar, oil rising, and gold declining. The MSCI All-Country World Index rose 0.4% and was headed for its highest close in almost a year.

Saving The System: Exposing The 4 Fallacies Of Modern Monetary Policy

Monetary policy, we are told, is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today’s monetarism have completely lost their way. The real reason for today’s global monetary policies is an ultimately futile attempt to prevent a systemic and economic crisis.

First Sept 11, Now Saudi Arabia Linked To German Terrorst Attacks

Several weeks after the US government finally released a redacted version of the secret "28 pages", which confirmed Saudi Arabia's key role behind the September 11 attack, even as both the Obama administration and Saudi Arabia claimed no such connection exists (when it clearly did for anyone who actually read the disclosure), a trail has now emerged linking the recent surge in deadly terrorist attacks in Germany to Saudi Arabia.