White House

Russia "Tired Of Obama Lies About Hackers", Vows Response To Any New Sanctions

"The outgoing US administration still hopes to have time to do something else for bad relations with Russia... Frankly, we are tired of the lies about the "Russian hackers", which continues to flow into the United States from the very top...It only remains to add that if Washington really takes new hostile steps, it will get the answer."

Bibi Blasts Kerry's Speech As "Biased Against Israel", Delivers Statement - Live Feed

Following his earlier tweet to president-elect Trump thanking him for his "warm friendship," Israel PM Benjamin Netanyahu lashed out at US Secretary of State John Kerry's speech as "biased against Israel," as he said Israel "will never have true peace" with the Arab world if it does not reach an accord based on Israelis and Palestinians living in their own states. Netanyahu will make a statement shortly...

Barack Backhands Bibi

We have an Israeli leader all but castigating an American president as a backstabber and betrayer, while the White House calls Bibi a liar. This is not an unserious matter.

Frontrunning: December 27

  • Monte dei Paschi Rescue Cost Jumps as Deposits Fall (WSJ)
  • Russia finds first black box from Black Sea crash jet (Reuters)
  • Prat-Gay Fired as Argentine Finance Minister After One Year (BBG)
  • Fear of Trump Triggers Deep Spending Cuts by Nation's Second Largest Union (BBG)
  • Xi’s Power Play Foreshadows Change in How China Is Ruled (WSJ)

Global Shares Trade Mixed In Thin Holiday Trade; Yen Rises As China Rebounds

With most global market closed for Christmas holiday, and traders taking the day and the week off, global stocks traded mixed in thin, subdued conditions. Japanese shares fell as the yen gained against the dollar for the fourth straight day after the release of BOJ Minutes and a Kuroda speech, while Chinese equities recovered from earlier losses.

A Loser's Malice: What's Behind Obama's Attacks On Putin

Relations between Russian president Vladimir Putin and US president Barack Obama are poisoned and irretrievably damaged. It’s therefore a good thing that Obama is leaving office on 20 January. Bad US-Russian relations are of course nothing new. Since the Anglo-American war against Iraq in 2003, the US-Russian relationship has been headed downhill. For Obama, it appears that everything has gotten personal.

An Angry Israel Summons Foreign Ambassadors, Accuses Obama Of Conspiring Against It

Israel summoned foreign ambassadors of UN Security Council nations to Jerusalem to reprimand them on Sunday, and had more harsh words for the Obama administration, which he accused of conspiring over Friday's UN resolution: "We have no doubt the Obama administration initiated it, stood behind it, coordinated the wording and demanded it be passed."

Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time

We find that 94% of net job growth in the past decade was in the alternative work category,” said Obama's former top White House economist Alan Krueger. In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment, but low-paying temp, on-call, contract workers, independent contractors or freelancers.