The biggest star of today's ECB's press conference was not Mario Draghi but 21-year-old German feminist, Josephine Witt, an ex-Femen activist who jumped on Draghi's desk wearing an "ECB Dick-tatorship", a slogan she repeatedly screamed as she was led away by security guards. She threw paper copies of her demands at Mr Draghi, while showering him with confetti that were created from her finely chopped up manifesto. Who is Josephine Witt and what is her message?
Capitol Locked-Down After Mailman Lands Gyrocopter On Lawn To Deliver Campaign Reform Letter To CongressSubmitted by Tyler Durden on 04/15/2015 13:51 -0400
Update: *LOCKDOWN LIFTED AT U.S. CAPITOL AFTER GYRO COPTER ARREST
US Capitol Police have locked-down buildings after a man landed a gyrocopter on the lawn. As The Tampa Bay Times reports, the man is a mailman from Ruskin named Doug Hughes who was attempting to deliver campaign reform messages to Congress.
In just six short months, expectations for US economic growth in Q1 2015 has been slashed by more than half (from 'trend' 3% to a mere 1.4% growth this week). While consensus is still well above the Atlanta Fed's 0.1% forecast, the sell-side is rapidly being forced to admit it's not just the weather...
Whether today’s most feted “intellectual leaders” and policy makers are correctly diagnosing problems or misdiagnosing them, their proposals are never anything but “viciously statist” to paraphrase Hans-Hermann Hoppe. They seemingly don’t realize that economic freedom is the sine qua non for personal freedom. One simply cannot have the latter without the former. None of them seem to believe that people can be trusted to be in charge of their own affairs. The debate over the “inequality problem” is an excellent case in point. It isn’t as if the knowledge required to understand the problem weren’t readily available. However, most of these people were educated in statist institutions, and have rarely been exposed to any non-statist ideological viewpoints. The possibilities offered by solutions that do not involve the State in every nook and cranny of the economy and our daily lives don’t even occur to them. And of course, the best social engineering plans are always their personal ones.
Beijing has reportedly threatened to shut down Sina Weibo which China’s internet czar claims is disseminating false information, providing a platform for terrorists, questioning the “facts,” not exercising enough censorship, and, much like the townsfolk of colonial era Salem, “propagating heresy”.
Things are shifting and unraveling awfully fast in the West Pacific region. Some observations by us that may have escaped the mainstream media.
A prime minister admitting that his government has been arrogant and has screwed things up? Am I reading this correctly?
There is much more going on than just a problem in the Japanese bond market...
GE stock is down almost 13% over the last 7 years, and this is with record shares being taken off the market. However, Jeff Immelt thinks he has a solution for this problem after 15 years at the helm of GE.
The Middle East’s ongoing descent into chaos and China’s impending ascendancy to the status of global superpower are just two of the many threats that the US, European Union and Russia all share. Each of these issues should certainly occupy a higher position on their respective agendas than the breakup of Ukraine or the insolvency of Greece. Leaders of all three governments would be well-advised to set aside their differences, or at least to prevent those differences from obstructing cooperation on more important issues. Unlike its predecessor, the Second Cold War will not be bilateral. Today’s world is far more chaotic, kinetic and dangerous than it was fifty years ago.
Six days prior to Japan's devastating 2011 undersea earthquake that killed over 18,000 people, around 50 melon-headed whales - a species that is a member of the dolphin family - beached themselves on Japan’s beaches. Now, 4 years later, and despite a lack of scientific evidence linking the two events, many Japanese took to social media in fear as the mass beaching of over 150 melon-headed whales on Japan’s shores has fueled fears of a repeat of the monster quake, which unleashed a towering tsunami and triggered a nuclear disaster.
Over the past year, NATO has flooded the media with over 100 reports of its aircraft intercepting Russian spy and warplanes over neutral territory which supposedly were getting too close to native soil for comfort and thus were in urgent need of an escort. Last week, however, the roles were reversed when a US RC-135U reconnaissance aircraft was intercepted in very close proximity by a Russian Sukhoi Su-27 fighter jet over the Baltic Sea near Russia’s Kaliningrad Region. A defense official said the Russian fighter jet flew within 20 feet of the unarmed reconnaissance jet in what the official called a “reckless” encounter that endangered the lives of the RC-135 crew.
Reports suggest the Yemeni rebels are battling Saudi forces near Najran, with some contending the rebels may have overtaken a Saudi post which, if true, would appear to mark an escalation in the conflict as it would indicate that the Houthis are willing to take the fight to the Saudis on their own turf.