United Kingdom

Libyans Who Once Opposed Gaddafi Now Regret US-Led Regime Change

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."

Syrian Ceasefire Collapses After Assad Slams "Naked American Aggression"

"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."

Negative Rates & The War On Cash, Part 1: "There Is Nowhere To Go But Down"

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.

After Its "Predatory Tax Grab", Europe Prepares Crackdown On Amazon, McDonald's

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.

Assange Assassination Attempt? Cops Took 2 Hours To Respond To Embassy Breach

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

Nigel Farage Cheers "Anti-Establishment" Victory At Trump Rally - Live Feed

(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.

Migrant Problems Still Threaten Europe

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.

What? Me Worry? Volatility & The Election

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.