Switzerland

There Will Be Those Who Perish In The Next Crisis, And Those "Who Survive In Underground Luxury"

The Oppidum is billed as “the largest billionaire bunker in the world.” This top-secret facility, once a joint project between the former Soviet Union and Czechoslovakia (now the Czech Republic and Slovakia), was built over 10 years beginning in 1984. The premiere apocalypse dwelling is a place that billionaires can live out the horrors of the apocalypse- be it zombie or other- in luxury with every amenity you could ever hope for.

100 Years Ago, Russian Stocks Had A Very Bad Day

Just as stocks had doubled after a trading pause lasting the duration of World War I, and the sky seemed the limit for Russian investors.... something very unpleasant happened.

Don't Confuse Immigration With Naturalization

As the immigration debate goes on, many commentators continue to sloppily ignore the difference between the concept of naturalization and the phenomenon of immigration. Immigration results naturally from allowing persons to exercise their property rights. Naturalization, on the other hand, is a political act.

Apple Launches Red iPhone 7, Introduces New iPad

As previewed last week, moments ago Apple has introduced a 9.7-inch iPad with Retina display, starting at $329. Today AAPL also announces red edition of iPhone 7 and iPhone 7 Plus to mark more than 10 years of partnership between Apple and HIV/AIDS charity.

Rand Paul Responds To "Unhinged" McCain

"You know, I think [Senator McCain] makes a really, really strong case for term limits. I think maybe he's past his prime; I think maybe he's gotten a little bit unhinged..."

Exposing Europe's "Era Of Liberal Babble"

Europe, so many years after the Cold War, is ideologically divided into a new East and a West. This time, the schism is over multiculturalism. What Hungarian Prime Minister Viktor Orbán has termed "liberal babble" continues to govern Western Europe's response to the challenges that migration and Islamic terrorism have brought, especially to personal security.

A Critical Week For Markets Begins: Preview Of The Main Events

A pivotal, catalyst-filled week for global markets is now underway as investors brace for the second US interest rate hike in 2 quarter, a Dutch election, the expiration of the US debt ceiling deal, the imminent invoking of Article 50 by Theresa May, the first G20 finance ministers' meeting of the Trump era and perhaps the disclosure of Trump's proposed budget.

Turkey Vows "Harsh Retaliation" Seeks Sanctions, As Dutch PM Says "Not Apologizing, Are You Nuts"

Turkey's Prime Minister Binali Yildirim said that his country will retaliate in the "harshest ways" to Dutch moves to bar the flight of the Turkish foreign minister and prevent the family minister from entering the Turkish consulate in Rotterdam, while Dutch PM Mark Rutte slammed Erdogan: "This is a man who yesterday made us out for fascists and a country of Nazis. I’m going to de-escalate, but not by offering apologies. Are you nuts?" he told a morning talk show.

Erdogan Calls Dutch "Fascists" After Turkish Foreign Minister Barred Entry

"Listen Netherlands, you'll jump once, you'll jump twice, but my people will thwart your game. You can cancel our foreign minister's flight as much as you want, but let's see how your flights come to Turkey now. They don't know diplomacy or politics. They are Nazi remnants. They are fascists." - Tayyip Erdogan

Why Force Parents To Keep Their Children In Failing Public Schools?

"We don’t pay teachers enough, and we don’t fire teachers enough... if you want your failing public school, you can keep your failing public school...But do not take away the option for someone else to remove their child from a toxic environment, and make their own choice..."

Caterpillar Accused Of Tax, Accounting Fraud In Report; Stock Slides

The mystery of last week's Caterpillar office raid by various US government agencies may have been resolved, after the NYT reported overnight that a report commissioned by the government, written by an accounting professor at the Tuck School of Business at Dartmouth, has accused the heavy-equipment maker of carrying out tax and accounting fraud.