Israel

Watch Live: President Trump And Israeli PM Netanyahu Joint Press Conference

Having confirmed earlier in his press conference with Israeli President Rivlin that 1) he did not say the word 'Israel' to the Russians, and 2) Iran are the bad guys (confirming the narrative from the Saudis the day before), President Trump is due to join Israeli PM Benjamin Netantahu shortly for a joint press conference...

Frontrunning: May 22

  • Trump Arrives in Israel, May Show His Cards on the Peace Process (BBG)
  • Taxes, Budget Are Focus for White House Despite Probes (WSJ)
  • Paul Manafort’s Lucrative Ukraine Years Are Central to the Russia Probe (BBG)
  • Ford set to fire CEO Mark Fields as shares founder (Reuters)
  • Producers Set to Extend Cuts as Rally Stalls: OPEC Reality Check (BBG)

Asia Jumps, Europe Stutters As Political Rumblings Return; Oil Nears $51

Global stocks were mixed to start the week, with Asian stocks higher, European stocks initially advancing then fading gains, while S&P futures are little changed after the biggest weekly drop since April (which for those keeping record was -0.4%). European shares, the euro and the pound all stumbled on Monday as rumblings in Spain, Britain and Brussels reminded investors that the region still has plenty of political uncertainty left in the tank.

Rouhani Re-elected Iran President In Landslide Victory

Iran's moderate leader Rouhani secured a second term with a landslide victory in Friday's presidential election, winning 57% of the vote and giving a decisive victory to pro-reform groups eager to open up the Islamic republic and re-engage with the outside world, Reuters reported. Rouhani's hardline opponent, senior cleric Ebrahim Raisi who was running for office for the first time, a protege of Iran's Supreme Leader and the custodian of a religious charity worth tens of billions, came in second with 38.5%.

Paul Craig Roberts Laments "The Assault On Trump"

We are witnessing an assault by the national security state and its liberal media on a President of the United States that is unprecedented. This is the determination of the national security state to keep their prized “Russian Threat” in its assigned role as the Number One Threat to the US.

Global Markets Rebound To End Volatile Week, As Trump Rout Fades

Two days after the biggest rout in US stocks in 8 months, and one day after Brazil's stock market was halted due to a circuit breaker, wiping out out 8.8% of its market cap, traders are eager to put it all in the rearview mirror and in a quiet session on the last day of the week, S&P futures are set for a green open, up 0.2%, in line with Asian and European markets, all looking to close the week on a positive note.

As Trump Heads To MidEast, Is His Plan Finally Becoming Clear?

The first stage of U.S. President Donald Trump’s plan to restore America’s former dominance as a manufacturing country will be announced this coming weekend in Riyadh Saudi Arabia and Washington DC, but its outlines are now already more than clear.