Norway

The Olympics As A Tool Of The New Cold War

The 6th Fundamental Principle of Olympism (non-discrimination of any kind, including nationality and political opinion) seems to be forgotten long ago. In ancient Greece the competition of best athletes was able to halt a war and serve as a bridge of understanding between two recent foes. But in the twentieth century the Olympics have become a political weapon.

Mystery Over Munich Shooter's Motive: David Ali Sonboly Had "No Connection To ISIS", Obssessed With Mass Shootings

What was initially said to be a coordinated attack killing 9 and injuring 16, involving up to three gunmen, has since been attributed to a lone, 18-year-old German-born male student with both German and Iranian citizenship, identified moments ago as David Ali Sonboly. As authorities try to piece together the motive behind the latest mass killing the emerging picture is that of a mentally disturbed young man with an obssession for killing sprees, and who had undergone psychiatric treatment.

18-Year-Old German-Iranian Is Behind Munich "Shooting Rampage" Which Killed 10 Including Gunman

After another day of tragedy and drama, where the police had earlier suggested that as many as three gunmen were behind a deadly shooting in a shopping center in Munich, Germany moments ago the local police reported that the gunman was in fact a lone 18-year-old of German and Iranian origin who is believed to have carried out the "shooting rampage" on his own, killing at least nine people before later apparently killing himself.

The Peak Oil Paradox - Revisited

Is 'Peak Oil' dead and buried forever, or is it lurking in the shadows, waiting to derail the global economy again?

Frontrunning: July 14

  • BoE surprises markets by keeping rates on hold, signals August move (Reuters)
  • Bank of England Signals August Stimulus as Rate Kept at 0.5% (BBG)
  • JPMorgan results boost futures, but BoE move trims gains (Reuters)
  • Bernanke Floated Japan Perpetual Debt Idea to Abe Aide Honda (BBG)
  • Oil bounces after big losses but glut persists (Reuters)

Lagarde Flip-Flops Again On Brexit, Warns Of "Disastrous" Trump-Style Protectionism

Ahead of the vote on Brexit, IMF head Christine Lagarde warned of a prolonged period of uncertainty. After the vote, Largarde said Brexit provided the EU a better opportunity for reform. Today Largarde is certain of disastrous consequences if another large county turns protectionist. In doing so, she pointed her finger at Donald Trump.

How To Spot A False Flag Event

It's time for those of us who have been reluctant to consider the possibility that our own government could actually be complicit in domestic terrorism in order to further a nefarious agenda to at least stop accepting the government and media’s version of these tragedies at face value. For the most part, the mainstream media is little more than a propaganda ministry for the federal government.

Brexit: Here Are The Latest Known Unknowns

When will Article 50 be triggered? Will it ever be triggered? Will there ever actually be a Brexit? Who is the next Conservative leader? Will there be a snap general election? On any negotiations will Europe play hard ball or compromise? Elsewhere will Italy lose the senate reform referendum in October and could Italy have an EU referendum after a fresh election? And will the French elections next year be another spoke in the wheel for Europe?

The Accusations Begin: David Cameron Blames Brexit On Merkel And EU "Immigration Failure"

David Cameron told European leaders he lost the EU referendum because they failed to address public concerns over immigration, as tensions rose ahead of looming Brexit negotiations. The British PM said that fears of mass immigration were "a driving factor" behind the vote and free movement would have to be addressed in Brexit talks. He was mostly referring to Angela Merkel who blocked British demands before the referendum for an "emergency brake" on migrant numbers.

10 Ways The UK Could Leave The EU

Stalemate between Britain and the European Union over what happens next following Britons' referendum vote to leave has opened up a host of possible scenarios. Here are some that are (in some cases, barely) conceivable...

UBS CIO Warns "The Status Quo Is Over... Get Used To It"

"The status quo in Europe is over. We will have to get used to this. Political risk has risen, and we will be dependent on central bank interventions, the calmness of markets, and measured political decision-making to keep the world's economic growth momentum and thus support risk assets."

Calls For Texas Independence Surge After Brexit Vote

The use of "Texit" exploded when the Brexit results were announced, as more than 5,800 people on Twitter used the phrase, a five-fold increase from the day before. 1,745 people tweeted about Texit between 7am - 8am London time, the hour when the final results were announced.

First The UK, Then Scotland... Then Texas?

That didn't take long. Only hours after the final results came in for a British exit from the EU, political leaders in Scotland are talking about renewing their drive to secede from the United Kingdom. While secession of American states is often dismissed as absurd, there are few reasons to believe that a state like Texas - to name just one example - could not immediately transition from state to nation-state. With a large economy, port cities, oil, and easy access to European, Latin American, and even Asian economies by sea, economics arguments against such a separation fall flat.