SWIFT

Seven Sailors Missing After US Navy Destroyer Collides With Merchant Vessel Off Japan

Seven sailors of the US Navy destroyer USS Fitzgerald were missing hours after it collided with a Philippine-flagged container ship more than three times its size in eastern Japan early on Saturday. As reported earlier, the Fitzgerald, an Aegis guided missile destroyer, collided with the merchant vessel at about 2:30 a.m. local time (1730 GMT), some 56 nautical miles southwest of Yokosuka, the Navy said.

VP Pence Hires Outside Lawyer For Russia Probe

“I can confirm that the Vice President has retained Richard Cullen of McGuire Woods to assist him in responding to inquiries by the special counsel,” Pence spokesman Jarrod Agen said in a statement. "The Vice President is focused entirely on his duties and promoting the President’s agenda and looks forward to a swift conclusion of this matter."

Peak Economic Delusion Signals Coming Crisis

"The question is not “when” we will enter collapse; we are already in the midst of an economic collapse. The real question is, when will the uneducated and the biased finally notice? I suspect the only thing that will shock them out of their stupor will be a swift stock market drop, since this is the only factor they seem to pay attention to. This will happen soon enough."

Pat Buchanan Asks "Are We Nearing Civil War?"

"President Trump may be chief of state, head of government and commander in chief, but his administration is shot through with disloyalists plotting to bring him down... We are approaching something of a civil war where the capital city seeks the overthrow of the sovereign and its own restoration."

Is $50 Oil Still Realistic?

With crude (and gasoline) prices doing nothing but tumble since OPEC announced its 'extension' deal, erasing all the hope-fuelled bounce off cycle lows, the question once again becomes, is $50 oil still realistic?

Frontrunning: June 8

  • U.K. Election Remains Tight as Voters Head to the Polls (WSJ)
  • Trump Will Be Watching Comey Just Like the Rest of Us (BBG)
  • What we know about U.S. probes of Russian meddling in 2016 election (Reuters)
  • ECB Drops Reference to Future Interest-Rate Cut (WSJ)
  • Euro zone growth revised up to highest rate in two years (Reuters)

Frontrunning: June 2

  • Strong U.S. job growth expected in May; wage rise seen moderate (Reuters)
  • Trump’s Paris Exit Leaves Him Isolated From C-Suites to Capitals (BBG)
  • Critics lament Trump climate move, supporters seek new deal (Reuters)
  • Musk, Iger to quit Trump advisory councils after Paris accord decision (Reuters)
  • Yuan Forecasters Getting It Wrong as China Jolts Markets (BBG)

Kristin Tate: Kathy Griffin Is Just The Tip Of The Liberal Violence Iceberg

One of the pillars of democracy erodes before our eyes. The ability to disagree with the politically different disintegrates under red and black flags, and hooded rioters obscuring their faces. It’s not Donald Trump’s secret police. It’s not something out of a dystopian novel. It’s the very real culture of permissive violence exploding from today’s left.