Verge Of Revolution: The Story You Aren't Being Told About The Brazilian Uprising

While Brazilians are angry and tired of their economic hardships, they are also incensed at the country’s history of corruption, which now includes a massive presidential scandal carried out by politicians and lobbyists during the current and previous administrations. This misconduct has given residents of all walks of life enough incentive to take their demands to the streets. Mainstream media has covered the major protests overtaking the streets of Brazil at the outset of an apparent political revolution, but few discuss the problems that have been brewing for decades in South America’s largest nation.

Mystery Man Behind $100 Million Central Bank Heist Revealed As Bangladesh Moves To Sue Fed

The incredible story behind the cyber heist that resulted in an $81 million loss for the central bank of Bangladesh continues to get more intriguing. Bangladesh is looking to sue the NY Fed for lapses in protocol, while Philippine officials race to untangle a complex web of bad actors and shady go-betweens that looks like it may lead back to one Kim Wong, who 15 years ago was accused of connecting then-Senator Panfilo Lacson to drug lords. Meanwhile, a cyber security expert who spoke to the police and the media was kidnapped from a motorized rickshaw by men in plainclothes who blindfolded him, threw him in a vehicle, and drove away.

Frontrunning: March 15

  • Bank of Japan Holds Fire on Stimulus, Negative Rate Unchanged (BBG)
  • Donald Trump Aims for a Knockout in Tuesday Primaries (WSJ)
  • Global Stocks Fall on Commodities Decline, Ahead of Fed Meeting (WSJ)
  • Oil prices fall as clouds gather over supply picture (Reuters)
  • Many Shale Companies Are Unable to Ramp Up Oil Output (WSJ)

Frontrunning: March 9

  • Angry White Males Propel Donald Trump—and Bernie Sanders (WSJ)
  • Trump Beats Back Attacks and Tightens Hold on Primary Race (BBG)
  • Fed Likely to Stand Pat on Rates, Keep Options Open for April or June (Hilsenrath)
  • Draghi Stimulus Fails in Stock Market as Swings Match 2008 (BBG)
  • Sabine Oil wins pipeline ruling in a blow to pipeline operators (Reuters)

Kim Jong Un Orders Nuclear Weapons Made Ready For Use

Yonhap news agency reports North Korean leader Kim Jong Un has ordered the country's nuclear weapons be made ready for use. This action follows the firing of a volley of short-range projectiles into the sea to the south after the UN Security Council unanimously passed sanctions targeting North Korea’s banks, mineral exports and cargo vessels.

Hillary Clinton’s Six Foreign-Policy Catastrophes

Many commentators have mentioned that Hillary Clinton left behind no major achievement as the U.S. Secretary of State; but, actually, she did. Unfortunately, all of her major achievements were bad, and some were catastrophic. Six countries were especially involved: Honduras, Haiti, Afghanistan, Libya, Syria, and Ukraine. The harm she did to each country was not in the interest of the American people, and it was disastrous for the residents there. Hillary Clinton at every campaign debate says “I have a better track-record,” and that she’s “a progressive who gets things done.” Here’s what she has actually done when she was Secretary of State...

Neil Howe Warns The 'Professional Class' Is Still In Denial Of The Fourth Turning

"The world has fundamentally shifted over the last decade, especially since we’ve emerged from the Great Recession... But the professional class has been very slow to understand what is going on, not just quantitatively but qualitatively in a new generational configuration that I call the Fourth Turning. They don’t accept the new normal. They keep insisting, just two or three years out there on the horizon, that the old normal will return – in GDP growth, in housing starts, in global trade. But it doesn’t return."

Frontrunning: February 11

  • Gold Roars to One-Year High as Turmoil Drives Safe Haven Demand (BBG)
  • Banking Stocks Pummeled in Europe (WSJ)
  • Dollar, stocks plunge sparks scramble for safety (Reuters)
  • Nymex Crude Slips Below $27 a Barrel (WSJ)
  • No Respite for S&P 500 as U.S. Stock Futures Join Global Selloff (BBG)

North Korea Launches Long-Range Rocket

After "preparing" for over a week, moments ago at 00:31 UTC time, North Korea - which has failed to shock the world with some "news" for over a month when it tested a "hydrogen" bomb which according to experts was anything but - launched a long-range rocket which some say is being used as a cover for banned missile test. North Korea has called the launch an attempt to "peacefully launch a satellite." Japan, however, is not happy as according to initial reports, it flew over its airspace in proximity to Okinawa.

Pentagon Will Spend $3.4 Billion Next Year To Keep You Safe From "Aggressive" Russians

It's a dangerous world out there and these are exceptionally uncertain times. Fortunately, US Defense Secretary Ash Carter is a dangerous man and if you give him $582 million of your tax dollars, he'll keep you safe from sneaky Russians, scheming Chinese, plotting Iranians, unpredictable North Koreans, and bloodthirsty terrorists. 

Fantasy? North Korea's "Hangover-Free Alcohol" Or America's "Consequence-Free Debt"

While we may poke fun at North Koreans’ gullibility, frankly we don’t find the idea of ‘hangover-free alcohol’ any dumber or less deceptive than the idea of ‘consequence-free debt’. Or the idea that you can print your way to prosperity. Hangover-free alcohol is pretty silly. But in the West, we believe the biggest lies of all...