Poland

Make No Mistake: Russia Remains The Only Target Country Of NATO's Nuclear Weapons

NATO is on a war footing, and has made it clear that «nuclear weapons are a core component of the Alliance’s overall capabilities». The Belgian F-16 deployments, deliberately and provocatively in a most sensitive area on Russia’s borders, have been authorised and greeted with approval by western governments whose citizens have little understanding that the west’s policy of confrontation is increasing tension day by day.

Frontrunning: December 5

  • Italy Sinks Into Political Limbo as Defeat Sweeps Renzi Away (BBG)
  • Investors Shrug Off Italy Referendum Result (WSJ); Markets Rise After Italy Turns Down Referendum (BBG)
  • Italy’s ‘No’ Poses Trouble for Eurozone (WSJ)
  • Oil tops $55 for first time in 16 months as OPEC deal fuels buying (Reuters)
  • Merkel regrets Renzi resignation but will work with new Italy government (Reuters)

Tomorrow's Vote In Italy Will Be A "Wide-Ranging F**k Off", And It's Just The Start...

"It's crazy. This is the explosion of an era. It's the apocalypse of the media, TV, the big newspapers, the intellectuals, the journalists… This is a wide-ranging F*** off." Italy is the next flashpoint. A “No” vote in Italy is virtually assured at this point. But it won’t be the end of the anti-elite surge. Voters in Europe’s biggest countries could soon throw out their “mainstream” parties in favor of populist and Eurosceptic alternatives...

NATO's Rear-Guard Actions

In the military a rearguard action is defined as ‘a defensive action carried out by a retreating army’ and it is an appropriate description of the desperate scrabbling by NATO to convince the rest of the world — and especially Donald Trump — that its existence is justified.

Frontrunning: November 28

  • Trump Alleges That ‘Millions of People’ Voted Illegally (WSJ)
  • Oil slip sends dollar, bond yields skidding (Reuters)
  • Italian Lenders Slide on Vote Worries to Drag Down Europe Stocks (BBG)
  • OPEC makes last-ditch bid to save oil deal as tensions grow (Reuters)
  • How Iran, Russia Could Derail Oil-Production Deal (WSJ)
  • Tug of War Delays Some of Trump’s Key Appointments (WSJ)

Geopolitical Overhaul: What Will A Post-Obama World Look Like?

Debt reduction and the visible reduction of what is seen internationally as overbearing statism in the U.S. economy will be critical to building back long-term U.S. global capabilities. The U.S. has not seen such an opportunity for strategic reversal since the Reagan Administration. But only if the incoming Administration adheres to the principles which won it the election, and avoids the compromises which the bureaucratic base of government will attempt to force on it to avoid disruption of the status quo.

Goldman Reveals Its Top Trade Recommendations For 2017

  • Top Trade #1: Long US$ vs GBP and EUR
  • Top Trade #2: RMB weakening: Long $/CNY
  • Top Trade #3: Long BRL, RUB, INR and ZAR, short KRW and SGD
  • Top Trade #4: Long Brazil, India and Poland, FX un-hedged
  • Top Trade #5: Long 10-year US$ and EUR inflation
  • Top Trade #6: Long EURO STOXX 50 2018 dividends

Kremlin Gains Two More European Allies As Bulgaria, Moldova Elect Pro-Russian Presidents

The good news just keeps going Putin's way. Just days after Trump defeated the Kremlin's nemesis Hillary Clinton, on Sunday pro-Russian candidates won presidential elections in Moldova and Bulgaria on Sunday, giving Moscow new allies in its efforts to regain influence in parts of Eastern Europe it regards as its backyard. And while Russia is the clear winner, one loser to emerge bruised from the two votes is the European Union.

Hillary Is Down, But Not The Oligarchs (Yet)

In a country whose institutions have been so completely corrupted by the Oligarchy, it is difficult to achieve real change without bloodshed. If Trump is advised to be conciliatory, to hold out his hand, and to take the establishment into his government, the American people will again be disappointed.

European Politicians Terrified By "Horror Scenario" After Brexit, Trump

In the aftermath of Brexit and Trump, a European populist tsunami that seemed outlandish a few months ago is becoming reality, and the consequences for Europe's own political landscape are potentially huge. It is, as one European politican called it, a "horror scenario" and it is slowly coming true.