Iran

Trump "Increasingly Frustrated With China" Over North Korea, Trade: Reuters

Two weeks after Trump's ominous "China "tried and failed" to contain North Korea tweet, the US president appears to be getting closer to that default condition in US-China relations which many had anticipated from day one: a not particularly cooperative one, and as a result Reuters reports that Trump is "increasingly frustrated" with China over both North Korea and trade differences.

How The Fed Helps The US Spy On Foreign Governments

It's widely known that the Federal Reserve has been tasked by Congress with a "dual mandate" to maintain maintain stable consumer-goods prices, low unemployment and - oh yeah - buoyant equity prices.  However, as Reuters revealed on Monday, the central bank has another legally binding obligation that might upset some of its clients: Helping US intelligence agencies spy on foreign governments.

SCOTUS "Mostly" Reinstates Trump Travel Ban; Schedules October Hearing

It appears that Trump has been handed a 'partial' victory on his travel ban by the Supreme Court.  While SCOTUS revived a "narrowed" ban, they found that it can not be applied to people with a "credible claim of a bona fide relationship with a person or entity in the United States."  A hearing has been scheduled for October.

Frontrunning: June 26

  • Italian Bank Deal Raises Questions About Eurozone Rules (WSJ)
  • UK PM May strikes $1.3 billion deal to get Northern Irish DUP support for her government (Reuters)
  • Nestle Targeted by Dan Loeb in Activist’s Biggest-Ever Bet (BBG)
  • Nestle 'committed' to strategy as activist investor moves in (Reuters)
  • Troubled Air-Bag Maker Takata Files for Bankruptcy (WSJ)

The Hidden Motives Of The Chinese Silk Road

Chinese President Xi Jinping suggested that “what we hope to create is a big family of harmonious co-existence.” But India, an emerging economy that shares a contested border with China, worries about containment and new pathways for aggression from Pakistan...

Furious Qatar Balks At Saudi Ultimatum As UAE Warns Of "Parting Of Ways"

"This list of demands confirms what Qatar has said from the beginning – the illegal blockade has nothing to do with combating terrorism, it is about limiting Qatar’s sovereignty, and outsourcing our foreign policy” said the director of Qatar’s government communications office.

Saudi Hypocrisy: The Great Gas War Is Looming

Astonishing hypocrisy! Saudi and its affiliates demand end to support of terrorism while they themselves are some of its largest funders. Their list of demands should be translated as follows...