Ireland

Frontrunning: May 17

  • Here's What the Latest Trump-Comey News Is Doing to Markets (BBG)
  • Dollar Slide Worsens With U.S. Stocks Near Records: Markets Wrap (BBG)
  • Turmoil Puts GOP Agenda at Risk (WSJ)
  • Trump Faces Deepest Crisis of His Presidency (BBG)
  • Trump’s $1 Trillion Plan Helps Wall Street More Than Rural America, Democrats Warn (BBG)

Visualizing The Global Black Market For Oil

The value of the crude oil production alone is worth a staggering $1.7 trillion each year. The only problem when an industry becomes this lucrative? Eventually, everybody wants a piece of the pie – and they’ll do anything to get their share. While pipeline theft in places like Nigeria and Mexico are the most famous images associated with the theft of hydrocarbons, the problem is actually far more broad and systematic in nature.

Key Events In The Coming Week: Inflation, Spending In The Spotlight

With the French election now finally in the rearview mirror, this week's focus is on global inflation releases, with the spotlight falling on the US and China. We also have BoE and RBNZ rates meetings. In other data we note industrial production in the Eurozone, UK and Norway along with US retail sales and Fed speakers.

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today's Federal Reserve statement.

Outrage After At Least 5 EU Nations Elect Saudi Arabia On UN Women's Rights Council

“Saudi discrimination against women is gross and systematic in law and in practice. Every Saudi woman must have a male guardian who makes all critical decisions on her behalf, controlling a woman’s life from her birth until death. Saudi Arabia bans women from driving cars,” he continued. “Why did the UN choose the world’s leading promoter of gender inequality to sit on its gender equality commission?”

10 Selfless Acts Amid Terrible Tragedies That Will Restore Your Faith In Humanity

"...yes, we’re an incredibly violent and cruel species that is capable of mind-boggling horrors when we’re trying to survive. Hell, some of the things we do when we aren’t desperate are still nightmare inducing. But what most people forget is that in our darkest moments, we’re capable of immeasurable acts of compassion and altruism."