France

Juncker Unveils Grand Vision For A United States Of Europe

“What Mr Junker wants de facto is to force the European union into a single state, and we know that the euro is not a success story. The second thing Mr Junker wants is de facto to actually get rid of all the internal borders, we see 10,000, 100,000, millions of African and Arabs are going to be coming to our continent,”

If You Can't Beat 'Em... Ban 'Em

Since they can’t sell electric cars – not enough of them, anyhow – and not without subsidies so huge they amount to outright bribes – the solution appears to be to outlaw all cars except electric cars.

World Stocks Pull Back Amid Rising Concerns Of A Market Correction

For the first day in three S&P futures have pulled back modestly from record levels as some investors cautioned that gains had gone too far, too fast, European shares are mixed while Asian equities extended their longest rising streak in almost two months as continued gains in Japan and India offset the losses in Hong Kong.

Pat Buchanan Warns "Tribalism Marches On!"

As nationalism tore apart Yugoslavia and the USSR in the 1990s, and surged to propel British secession from the EU and Donald Trump’s triumph in 2016, that primal force appears on the march again...

World Stocks Hit Fresh Record High As Irma, Korea Rally Continues; Pounds Surges

World stocks hit new record highs on Tuesday amid a continuation of Monday's risk-on theme which unleashed a dramatic relief rally on easing North Korea tensions and signs that Hurricane Irma caused less damage than feared. The MSCI All-Country World Index gained 0.2%, hitting the highest on record with a fifth consecutive advance.

Key Events In The Coming Week: BOE, SNB, Inflation And Retail Sales

In a somewhat quieter week for economic news, this week's focus is on BoE and SNB policy meetings as well as on inflation releases in US, UK, China and others. Other releases of note include retail sales in the US, UK and China along with industrial production in US, Eurozone & China.

US To Propose Watered Down North Korea Sanctions To Appease China And Russia

In the latest indication that the US is desperate to reach a diplomatic compromise over North Korea, even if it means appeasing Beijing and Moscow, Reuters reports that while the UN is set to vote on Monday afternoon on a U.S.-drafted resolution to impose new sanctions on North Korea, the new draft no longer proposes blacklisting North Korean leader Kim Jong Un, while also dropping a proposed oil embargo.