Italy

US Nuclear Bombs In Turkey At Risk Of "Seizure By Terrorists Or Other Hostile Forces"

Dozens of US nuclear weapons stored at a Turkish air base near Syria are at risk of being captured by "terrorists or other hostile forces", a Washington think tank said on Monday. The US has an estimated 50 nuclear bombs at Incirlik in southern Turkey, 110km from the border with Syria. The base's Turkish commander was arrested on suspicion of complicity in last month's coup plot.

Portugal Gaining On Italy In The European Banking "Doom Loop"

Portugal’s doom loop metric has soared over the past two years.  Portuguese banks have been gorging on Portuguese sovereign debt, taking it from 7 percent of total assets to 10 percent - the same level as Spain.  If they continuing loading up at this pace, they will reach Italian levels by 2018.

Global Stocks Rise, US Futures Near All Time Highs As Flood Into Emerging Markets Continues

European shares advanced, with gains in automakers  helping Germany’s benchmark DAX Index turn positive for the year for the first time. Stocks rose around the world, led by emerging-markets, as oil climbed further after its best week since April and traders pushed back bets on higher U.S. interest rates. S&P futures advance and Asian stocks little changed as rising oil prices bolstered investor sentiment.

A Post Western World? A Disturbing Interview With Prof. Harry Redner - Part 2

The political and economic issues broadly discussed in the media usually revolve around political cycles, terrorism, foreign policy, rising debt levels, sluggish economic performance, academic underachievement, environmental problems, ageing demographics and so forth. In our view, this all ties into a major cycle of history that has been with us for some time, and which has been gaining traction since the 1990s: the end of "Western Civilization" and the transition towards a globalized society.

Rethinking The Cold War... And The New One

The new Cold War is far more dangerous than the old, because the respective war doctrines of the nuclear powers have changed. The function of nuclear weapons is no longer retaliatory. Mutually Assured Destruction was a guarantee that the weapons would not be used. In the new war doctrine nuclear weapons have been elevated to first-use in a preemptive nuclear attack. Washington first took this step, forcing Russia and China to follow.

The Birth Of Cultural Marxism: How The "Frankfurt School" Changed America

 The 1950s were a simple, romantic, and golden time in America. The nation stood atop the world in every field. It was an era of great economic prosperity in The Land of the Free. So, what happened to the American traits of confidence, pride, and accountability? The roots of Western cultural decay are very deep, having first sprouted a century ago. It began with a loose clan of ideologues inside Europe’s communist movement. Today, it is known as the Frankfurt School, and its ideals have perverted American society.

How The ECB Helped Buy Krispy Kreme

Central banks bought 21% of JAB Holdings' 150m bond increase, a transaction that coincided with the first day of the European Central Bank's Corporate Sector Purchase Programme. According to the distribution statistics seen by IFR, central banks and officials institutions were the second biggest buyers of the May 2023 tap via Deutsche Bank and HSBC.

Futures Rise, Global Stocks Flat After Ugly Chinese Economic Data

One day after all three US indexes hit record highs for the first time since December 31, 1999, US equity index futures, European stocks and Asian equities are little changed after the Nikkei jumped on the back of a Yen weakness, while China reported disappointing economic data and the PBOC suggested that the flood of new debt is slowing which pushed Chinese stocks higher by 1.6% on hopes of more stimulus.