VeRA

Russian Billionaire Deripaska Responds To AP Story On Manafort Ties

Responding to the AP story about Manafort's ties with Deripaska that is certain to dominate today's news cycle, a spokeswoman for Deripaska said that the Russian billionaire didn’t pay Manafort for the Russia-related work. There was an "agreement between Mr. Deripaska and Mr. Manafort to provide investment-consulting services related to business interests of Mr. Deripaska which now is a subject to legal claims."

Would Ayn Rand Have Cast President Trump As A Villain?

After Donald Trump announced a number of cabinet picks who happen to be fans of Ayn Rand, a flurry of articles appeared claiming that Trump intended to create an Objectivist cabal within his administration. However, the claims about Rand’s influence in the administration are vastly overblown.

Germany Unleashes New 'Ministry Of Truth'

It seems that all ideas suspected of being "populist" - or simply those ideas without the blessing of the elites - will now be banned in Germany. As in communist dictatorships, the more obvious the failings of the government, the more aggressively the establishment attacks those who speak out about them.

$1.2 Trillion: What You're Not Being Told About The Hidden Costs Of Mass Incarceration

For “every dollar in corrections spending, there’s another 10 dollars of other types of costs to families, children and communities that nobody sees because it doesn’t end up on a state budget.” Researchers concluded the annual economic burden” resulting from the high rate of incarceration in America is an estimated $1.2 trillion, or nearly 6 percent of the GDP. This burden is also eleven times higher than what governments take from taxpayers to support state and federal prisons.

Venezuela Seizes Local Kimberly-Clark Factory

Just hours after Kimberly-Clark, the consumer-products giant that owns Kleenex and Huggies, said it will shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials, Venezuela retaliated by announcing it would seize the factory.

The New Battle Of Britain

Europeans are vanishing, as the peoples of the Maghreb and Middle East, South Asia and the sub-Sahara come to fill the empty spaces left by aging and dying Europeans whose nations once ruled them. Absent the restoration of border controls across Europe, and warships on permanent station in the Med, can the inexorable invasion be stopped? Or is “The Camp of the Saints” the future of Europe? An open question. But if the West is to survive as the unique civilization it has been, its nations must reassume control of their destinies and control of their borders. Britain ought not to go gentle into that good night the EU has prepared for her. And a great leap to freedom can be taken June 23.

China Threatens The U.S., Says Will "Not Tolerate Violations Of Its Territorial Waters"

"We will never allow any country to violate China's territorial waters and airspace in the Spratly Islands, in the name of protecting freedom of navigation and overflight," Foreign Ministry spokeswoman Hua Chunying told a regular news briefing."We urge the related parties not to take any provocative actions, and genuinely take a responsible stance on regional peace and stability," Hua said in response to a question about possible U.S. patrols.

Inside Ground Zero Of Canada's Recession

In the past year, we have extensively profiled the collapse of ground zero of Canada's oil industry as a result of the plunge in the price of oil. Since then it has only gotten far worse. As Mark Thornton of the Mises Institute points out, in a report from the Financial Post shows that Calgary in Alberta Canada now has 1.7 million square feet of empty office space, the most in North America with another 5.2 million under construction! But that's just the beginning, because for many recent millionaires, the real cash crunch has finally arrived which means business is thriving for at least one industry: pawn shops.