The Federal Reserve has pursued the unprecedented monetary policy of lowering rates to zero and increasing their portfolio from 500 billion to over 4 trillion. But as the Fed reminds us, there is a cost.
"No trace of the other #radioactive products (e.g. #caesium) found in the event of a #nuclear accident. Most likely source of detected #Iodine a plant for the production of #radioactive elements for medical use"
Concerns about a potential, and so far unsubstantiated, nuclear "incident", reportedly in the vicinity of the Arctic circle, spread in the past week after trace amounts of radioactive Iodine-131 of unknown origin were detected in January over large areas in Europe according to a report by a French nuclear watchdog.
"With a high level of oil revenue spending, there’s a risk of a sharp reduction in the fund’s capital. This could, for example, happen if a global recession triggers both a decline in oil revenue and low or negative returns on the fund’s capital.”
With the Trumpflation rally fizzling with every passing day, the only question asked by traders is "Is it time to sell the market?" According to Bank of America, the answer, at least for now, is no. Here are the seven rules and indicators Bank of America uses to make that determination.
Switzerland is the answer to those who claim that Islamic terrorism is reserved for those countries that have participated in operations against ISIS or other Muslim terror organizations. Switzerland has done neither, yet its flag figured among sixty other enemy flags shown in an ISIS propaganda video. Swiss authorities are currently investigating 480 suspected jihadists in the country.
The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short list of energy supplies. Unfortunately, a transition to such a short list of fuels can’t really work.
Russia is quietly engaging in the biggest military build-up in the Arctic since the 1991 Soviet fall and will, in some areas, give Moscow more military capabilities than the Soviet Union once had. "These Arctic bases are on our territory. Unlike some other countries we are not building them overseas."
We have an economic crisis - centered on the persistent elusiveness of real growth, rather than just monetized debt masquerading as 'growth'; and a political crisis - in which even ‘Davos man’, it seems, according to their own World Economic Forum polls, is anxiously losing his faith in 'the system' itself.
“Democracy is in trouble in the West, in the mature democracies of western Europe and the US, which are no longer obvious beacons for those striving for democracy in the nondemocratic world,” the EIU said.