Who actually benefits from American-led wars across the globe? The aftermath of American-led conflicts shows it is not the common people, though the military and politicians vow they are liberating and protecting them... "Before 2011, I hated Gaddafi more than anyone. But now, life is much, much harder, and I have become his biggest fan."
"Increased state support for terrorists hostile to Syria has recently presented itself in the form of naked American aggression against one of the Syrian army positions in Deir ez-Zor in favor of the interests of the [Daesh jihadist group]," Assad said and added that "countries hostile to Syria increase their support for terrorism as Syria succeeds in liberating territories and signing ceasefire agreements."
As momentum builds in the developing deflationary spiral, we are seeing increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion. Credit bubbles are dynamic - they must grow continually or implode - hence they require ever more money to be lent into existence. As the peak of a credit bubble is reached, all these necessary factors first become problematic and then cease to be available at all. Past a certain point, there are hard limits to financial expansions, and the global economy is set to hit one imminently.
With Europe desperate to boost its dwindling public coffers and only starting tits anti-tax avoidance campaign, AAPL is only the start in the European Commission's crackdown. As the WSJ writes, following today's ruling that Apple got an unfair advantage over its competitors because of help it got from Ireland government’s, the EU’s antitrust regulator is likely next to turn to two other ongoing tax investigations on its docket: Amazon.com and McDonald's.
The Wikileaks Twitter account reported early this week that an unidentified man attempted to scale the wall of the Ecuadorian Embassy in the U.K. at 2:47 am. The “cat burglar” escaped security and managed to flee to safety while embassy security waited two hours for U.K. police to take the two minute walk from the police station to the embassy housing internationally-known whistleblower Julian Assange
(In)famous British politician Nigel Farage will address a Trump rally in Mississippi tonight, telling "the story of the Brexit campaign," explaining to the audience "how the anti-establishment can beat the establishment." While Farage is not expected to directly endorse Trump, Sky reports that the Brexiteer railed against the political classes on local Mississipe radio today, and compared Mr Trump's popularity with the "silent majority" of the British people who voted for Brexit.
The picture drawn by the present migration into Europe may fundamentally undermine the "Refugees Welcome" narrative that dominated news reports last year, but the continent-wide economic ramifications of its effects on a country such as Italy, already subject to considerable political tumult, should not be underestimated.
In what's been aptly described as the "cultural libertarian" movement, young millennials from a variety of backgrounds have united based on a fervent disdain for those that believe there are boundaries to what’s deemed “acceptable” speech - a hatred of authority; and a love of freedom and mischief.
2016 is an anomaly. Going into one of the more unpredictable elections, implied volatility is trading at a discount to realized volatility. Strangely, the equity markets trade as if the election results, be it a Clinton or Trump victory, are inconsequential for share prices. That stance is greatly at odds with what many of us think, as well as the palpable anxiety voiced by many traditional and social media outlets.