Last month it seemed some of the heat had come out of the US Mint Silver market when sales had failed to maintain the momentum seen in the first five months of the year when between 5.9m and 4 million coins had been sold each month.
Thousands of people recently demonstrated in Brussels against free trade deals negotiated by the EU. This happened just days before a meeting of EU trade ministers in Bratislava last month, which was considered the last push to salvage the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the United States. Not only is Europe divided on the deal, but the talks have been extremely secretive.
The world will sleep better tonight as President Obama has achieved the impossible - thwarted the world's greatest threat. With today's ratification of The Paris Climate Accord - passing a threshold among European nations - the scourge of global warming has met its match. Obama needs a win for his legacy... and a distraction... So cue victory lap.
"We are going to move towards an EU army much faster than people believe." But the creation of a European army, a long-held goal of European federalists, would entail an unprecedented transfer of sovereignty from European nation states to unelected bureaucrats in Brussels, the de facto capital of the EU.
To make changes in the EU, 28 nations all have to agree. Thus, it takes years to negotiate treaties, in the best case scenario. In regards to the refugee crisis, a number of countries have essentially to her highness, Angela Merkel “Go to hell”.
On the verge of running out of bond to monetize, the ECB has engaged in something fed had expected: it is buying bonds from itself. But according to a troubling Reuters "trial balloon" that may be just the beginning: as Reuters writes, the "ECB may soon be forced to follow the Bank of Japan's example and buy equities as part of any expanded stimulus programme."
Hungary will hold a referendum on Oct. 2 on whether to accept any future European Union quota system for resettling migrants as Prime Minister Viktor Orban's government steps up its fight against the EU's migration policies. "The Hungarian government asks Hungarian citizens to say no to mandatory resettlement and to say no to the immigration policy of Brussels. Only Hungarians can decide with whom we want to live in Hungary."
European Commission President Jean-Claude Juncker didn't speak English Tuesday as he lamented the U.K.'s departure from the bloc. Juncker's official speech to EU lawmakers was made only in French and German. He did, however, respond to hecklers among the British EU lawmakers in English. Previously, Juncker has often used the EU's most widely spoken and written language as well, particularly when addressing issues close to British hearts.
It appears The Brits dodged more than a migration bullet in their decision to leave The EU. French and German officials are reportedly due to reveal a blueprint to effectively do away with individual member states in what is being described as an "ultimatum," with a shockingly predictable final solution to Europe's Brexit-driven existential crisis to morph the continent’s countries into one giant superstate.
Angela Merkel sought to temper pressure from Paris, Brussels and her own government to force Britain into negotiating a quick divorce from the EU, despite warnings that hesitation will let populism take hold. Eurosceptics in other member states applauded Britons' decision to leave the European Union in a referendum that sent shockwaves around the world, with far-right demands for a similar vote in Slovakia underlining the risk of a domino effect. Meanwhile, the EU is urging Cameron to promptly trigger Article 50, even as nobody really knows what the UK will do next...
It may come as a surprise to some, but having tried - and failed - to predict the performance of virtually every asset class in 2016, Goldman is now forecasting the results of games from Euro 2016. It will not come as a surprise, however, that out of today's one game played so far, Goldman has been 0 for 1.
In the aftermath of the Euro 2016 fan violence between supporters of the Russian and English teams, moments ago UEFA announced that it has given Russia a suspended disqualification from the tournament, which means the Russian team will be expelled from the tournament in case of repeated violence. The Russian soccer federation will also be fined €150,000.