In the latest mass shooting event which takes place just two weeks after an armed gundman killed two at a San Antonio air force base, Fox reports that a shooter is on the loose after at least seven people, some of them children, were killed at three different crime scenes in southern Ohio Friday, local news agencies report.
As the Richmond Times Dispatch reports, Governor Terry McAuliffe today signed an order to restore voting rights to more than 200,000 convicted felons in Virginia. The order applies to nonviolent and violent felons, and according to a confidential draft of research for the order obtained by the Richmond Times Dispatch, is authorized under the Constitution of Virginia. Why this surprising announcement now? As Reuters says, the "move that could help the Democratic nominee in November's presidential election."
If Obama was seeking to infuriate even more people, or to push the odds of Brexit even higher with the Op-Ed he posted yesterday ahead of his London visit, he may have succeeded. Responding to President Obama's "Just Say No" to Brexit Op-Ed, the Mayor of London - Tory big-hitter Boris Johnson - bites back at the "part-Kenyan's ancestral dislike of the British Empire", exclaiming that America would never surrender so much power to Brussels -"It is incoherent. It is inconsistent, and yes it is downright hypocritical." Conjuring Churchillian patriotism, the controversial comments from the outspoken Brit conclude, the benefits of Brexit mean "we can thrive as never before – and therefore be even better and more valuable allies of the United States."
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
Hundreds have been evacuated following a blast at a Pemex oil facility in southern Mexico. According to Bloomberg reports, the explosion occurred at Clorados 3 petrochemicals unit of Pajaritos complex in the port of Coatzacoalcos in Veracruz state, says co. spokesperson Alfonso Villalobos on phone. First responders are attending the emergency, according to tweet from Veracruz civil protection official twitter account.
It looks like something big may happen to the silver market and the Chinese are preparing for it.
The catalyst that moved oil prices higher over the past two days, and which had overriden the "bad news" from the Doha talks failure, was the Kuwait oil workers strike announced over the weekend and which resulted in up to 1.6mmb/d in production being taken offline. As of moments ago, however, according to Kuwait's Aljarida press website, the strike is now over.
New Jersey transit trains between Newark and New York City have been suspended due to massive brush fires according to abc7 news. The fires started in the Meadowlands in Kearny and Secaucus sometime around noon.
NIRP is a dud as far as monetary policy goes. Look for more QE shortly...
A massive Taliban suicide bomb as well as a gun attack on a government security office in central Kabul near the US embassy during rush hour on Tuesday killed at least 28 people and wounded more than 320 in Afghanistan earlier today, a week after the militant group announced a spring offensive.
"If, as it seems, we are in the process of becoming a totalitarian society in which the state apparatus is all-powerful, the ethics most important for the survival of the true, free, human individual would be: cheat, lie, evade, fake it, be elsewhere, forge documents, build improved electronic gadgets in your garage that’ll outwit the gadgets used by the authorities." There is no gray area any longer.
"A portfolio built to only withstand stress thanks to central bank intervention is one destined to blow-up spectacularly."