"'Mrs. F.' was 84 years old the first time she ever went to prison... Her crime? Petty shoplifting. She stole rice, strawberries, and cold medicine... She served her time. Got released. Then shoplifted again so that she’d go back to prison."
President Trump will fire the first shots (retaliatory or not) in the new global trade war today as he announces plans to crack down on China with what is expected to be $50 billion in tariffs, controls on investment, and possible visa restrictions.
"Mozilla is pressing pause on our Facebook advertising. When Facebook takes stronger action in how it shares customer data, specifically strengthening its default privacy settings for third party apps, we’ll consider returning."
"There was nothing that could be said to appease the most vocal critics, mainstream backlash will persist as Cambridge Analytica remains in the headlines, and we would expect some impact to near-term platform usage" - BofA
While the Hong Kong Dollar has continued to plunge towards breaking its peg band to the US dollar, overnight saw offshore Yuan plunge back to 1-month lows despite a PBOC rate-hike, as anxiety over US trade wars ripples through markets...