Middle East

USDJPY Plunges On Japan Stimulus Concerns; US Futures Flat With As Fed Begins Meeting

In a turbulent session for FX, the Yen soared as much as 1.4%, the most in three weeks, after Finance Minister Aso says the government will "leave actual policy measures to BOJ", sending the Nikkei lower by 1.4%. European stocks and U.S. equity index futures are little changed despite the slide in the key carry pair as the Fed starts its two day meeting.

Caterpillar Retail Sales Decline For 43 Consecutive Months

if one looks only at trends revealed by CAT's retail sales the global economy has been mired not in a recession but an unprecedented depression, one which has now lasted some 43 months. That's how long CAT has gone without a single positive month in global retail sales, well over double the duration of the acute collapse in demand following the financial crisis.

Why We're Ungovernable: Debt & The Sudden Outbreak Of Utter Insanity

Debt works the same way for countries as it does for individuals and families: When you borrow too much your life spins out of control. And civil unrest becomes the rule rather than the exception. This sudden outbreak of apparent insanity doesn’t seem closely tied to the recent change in our borrowing habits. But it is, in several ways...

"Champagne Supernova" - IceCap Asks What Happens When The Bond Bubble Finally Pops

Most investors today have no idea what is happening in the bond market today and have exposed themselves to incredible amounts of risk. Because a global crisis in the government bond market has never occurred in our lifetime – advisors, financial planners and big banks continue the tradition of telling their clients that bonds are safer than stocks. As a result, investors remain heavily invested in the bond market and are therefore smack dab in the middle of the riskiest investment they’ll ever see.

Beyond 28 Pages: The US - Saudi Relationship Starts To Fray

Answers about Saudi Arabia’s involvement in 9/11 may prove elusive and forever unknown. But more than ever, questions are being raised and subsequent actions are being taken in relation to Saudi Arabia, extending far beyond what’s contained in the 28 pages of fourteen years ago and portending a new realignment of the US and other western countries’ long-standing relationship with this Middle East power.

End Of An Era: The Rise And Fall Of The Petrodollar System

"The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better."

Trump Accused Of "Apocalyptic" Fearmongering In Speech Promising "Security And Prosperity"

In one of the most dramatic, polarizing, (and longest ever) convention speeches, Donald Trump claimed the Republican presidential nomination with a highly charged text in which he promised to be “the voice” of disenfranchised Americans and the guardian of “law and order." And while most republicans loved it, the speech was roundly panned by democrats everywhere as ominous "doom and gloom" fearmongering, one which painted a picture of an America on the verge of an apocalyptic ending.

The New Middle East: Exit America Enter Russia

Is the genie finally out of the bottle? A myriad of seemingly unrelated events and loose ends are converging in a manner that points in the direction of a huge win for Russian diplomacy in the Middle East, and we only need to connect the dots to see this scenario unfolding. What dots, one might ask?

Full Text Of Donald Trump's Convention Speech

To all Americans tonight, in all our cities and towns, I make this promise: We Will Make America Strong Again.
We Will Make America Proud Again.
We Will Make America Safe Again.
And We Will Make America Great Again.
THANK YOU.