Germany

Volkswagen Tells Its Managers Not To Travel To The US

Volkswagen has warned its senior managers not to travel to the United States after six current and former managers were indicted for their role in the German carmaker's diesel test-cheating scheme. The company is worried the US may arrest its employees, after US AG Loretta Lynch said the DoJ would continue to pursue "the individuals responsible for orchestrating this damaging conspiracy."

Futures Rise On Friday 13th Ahead Of Deluge Of Bank Earnings; Dollar Continues To Decline

European shares rose as Fiat rebounded on hopes concerns about parallel to Volkswagen are overblown, Asian stocks were little as Chinese shares fell to the lowest level of 2017 after poor export data, and U.S. equity-index futures rose ahead of a deluge of bank earnings. The dollar is headed for a weekly loss and gold trades at the highest price in almost two months.

Obama's "Farewell To Arms" As War Presidency Ends

This week as Obama gave his self-preening farewell to the nation speech, thousands of new US troops and tanks were dispatched to buttress NATO forces already at unprecedented levels in Germany, Poland and the Baltic states. Only in America, is a warmongering president feted as a 'peace leader'. Whereas his successor, Donald Trump who will be inaugurated next week, is pilloried as a traitor because he has dared to call for restoring better relations with Russia.

The Utter Stupidity Of The New Cold War

Unfortunately the people of this country are not educated, by their schools, press or even their favorite websites to realize what has been done, how truly horrible it is, and how based it all is on lies. Fake news is the order of the day. Up is down, black is white, Russia is the aggressor, the U.S. is the victim. The new president must be a team-player, and for God’s sake, understand that Putin is today’s Hitler... or else.

Jeff Gundlach's Forecast For 2017

Investors will confront excessive debt, high P/E levels and political uncertainty as they enter the Trump presidential era. In response, according to Jeffrey Gundlach, U.S.-centric portfolios should diversify globally.

Iran Nuclear Deal - Alive Or Dead?

If, however, in the absence of a violation of the treaty by Iran, we tore up the deal, we could find ourselves isolated. For Britain, France and Germany also signed, and they believe the agreement is a good one. Do we really want to force these NATO allies to choose between the deal they agreed to and a break with the United States?