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Swedes Begin Construction Of Police Fortress In "Little Mogadishu"

In 2014, they had to close down the Rinkeby police station, as it had originally been built for an all-Swedish community, where the main job of policemen is to look for lost pets and help old ladies cross the street. The new police station, which is being built under heavy security and is scheduled to open in 2019, will cost over $40 million...

Italy Falls Out Of Love With The Euro: Beppe Grillo Resurgent In The Polls

Recent polls for Italian politicians supporting the eurozone and EU have collapsed. Pro-Europe polls are highly likely to get worse as a  further splintering of Matteo Renzi’s PD party takes place. It is not out of question for Beppe Grillo’s eurosceptic Five Star Movement (M5S) party to achieve an absolute majority in the next election...

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."

"Alexa... Should I Buy Stocks?"

Are retail investors buttressing US stocks at current (and elevated) levels? A variety of indicators say "Yes". Our primary concern: fund flows can be quite seasonal, with Q1-to-early Q2 a peak period due to retirement account flows. After mid-April, this diminishes considerably. Then, we will need a reliable stream of positive headlines to keep retail investors in the game.

Not Just The US: UK Bans Use Of Laptops On Flights From 6 Mostly Muslim Countries

One day after the Trump administration imposed a ban for carry-on electronic devices on planes coming to the US from 10 airports in mostly Muslim countries following unspecified terrorism threats, moments ago the UK issued a similar ban, restricting the use of carry on laptops and tablets for inbound flights for flights originating in the following nations: Turkey, Lebanon, Jordan, Egypt, Tunisia, and surprisingly, Saudi Arabia.