"We should be producing 9 million if it wasn't for the wars." Falah al-Amiri, head of Iraq state oil marketer SOMO, said, making it clear that Iraq would not cut production (or even freeze): "We are not going back. It’s a question of sovereignty."
“[w]e have the information... If the F.B.I. asks, we are ready to supply the I.P. addresses, the logs, ... but nobody contacted us. It’s like nobody wants to sort this out...analysis of the internal data allows [us] to confidently refute any conclusions about the involvement of the Russian special services in this attack..."
"They are deploying all of the Northern fleet and much of the Baltic fleet in the largest surface deployment since the end of the Cold War," a NATO diplomat said on condition of anonymity. "This is not a friendly port call."
The Norwegian military has released pictures taken by surveillance aircraft of a fleet of Russian warships sailing in international waters off the coast of Norway and reported to be heading to Syria. Among the ships observed was the aircraft carrier Admiral Kuznetsov and the Pyotr Velikiy battle cruiser, on their way to join the Russian military effort in Syria.
Global auto sales just hit an all time high of 78 million units in September, however the explanation is simple: China. Of the impressive 4.4 million unit rise in global auto sales since June, China alone contributed for 84% of this global increase, or 3.7mn units.
EU launches largest cyber war game in history to prepare for cyber attacks designed to "manipulate stock markets, leak sensitive information, tamper with customer data, and sabotage critical infrastructure."
U.S. equity index futures fell, with European, Asian stocks also declining before the September payrolls data, following the stunning 2-minute "flash crash" meltdown in sterling which plunged as much as 6.1%, the most since Brexit and is set for its biggest weekly loss since 2009.
For the fourth day in a row, US traders arrive at their desks with US equity futures largely rangebound if with a modestly heavy bias, pressured by some recent weakness in European stocks, where DB continues to post modest gains following yesterday's report that Germany is pursuing "discrete talks" over the fate of the German lender. Oil has regained earlier losses following comments by Algeria's oil minister who said that OPEC could cut 1% more than agreed upon while sterling continues to slide on growing concerns of a "hard Brexit."
There has been a 3.9% increase in the number of young adults living with their parents from 2007 to 2014, significantly higher than the OECD average. As a result, today, about 66.6% of American 15- to 29 year-olds live with their parents as opposed to on their own or with a roommate, compared to around 62.8% before the crisis.
With China on holiday, overnight sessions remain relatively quiet: at this moment, S&P500 futures are little changed as European stocks fall for first day in seven, on yesterday's concern that the ECB is moving toward tightening monetary policy; Asian indices rose slightly for third day. WTI climbs to $49.40, the highest since June 30 after yesterday's surprisingly large API crude draw report.
Lecturing on democracy is a distinctive feature of American foreign policy. Does the US really provide an influential role model for how elections should run in other countries? Is America really a shining example of real democracy? "Forbear to judge, for we are sinners all." Domestic and international experts rate the US elections as the worst among all Western democracies. According to Electoral Integrity Project, Denmark, Finland, Norway and Sweden are at the top of the ranking, while the US scores 62.