The EU has abandoned Italy while simultaneously demanding that the refugees must be taken care of. Nearly 100,000 refugees have arrived in Italy since the start of this year alone. The Italian government cannot cope with the refugee crisis and Brussels said they cannot exempt them from the restraint of busgets. That means that money for Italians […]
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Steve Bannon has been fired from the Trump team, and many are saying good reddens. It was Bannon who has been the architect of the most confrontational approach with Congress and has really been clashing behind the curtain. Bannon said in the interview that the main front was China: “We are in a trade war with […]
Barcelona, one of the most beautiful cities in Europe, was the target of the Islamic State in their latest terrorist attack to kill people on a wholesale basis. Spain has now mounted an all out sweeping anti-terror operation after an Islamist militant drove a van into crowds in Barcelona, killing 13 people and possibly injuring […]
The protesters in New York have succeeded in threatening any business that works with Trump. They targeted JP Morgan and Blackstone demanding they resign. This has manifested in Trump having to save face and he dissolved two advisory committees with group managers rather than have them resign under pressure. Trump said he had completed the work […]
Kenneth Rogoff, the Professor of Economics at Harvard University, is stuck in a time warp where he cannot think out of the box even once. He is telling the central banks that the next recession they will have to resort to negative interest rates and they should prepare now. Despite the fact that negative rates have […]
We didn’t really need an excuse for why equity markets were lower in Asia today, but we certainly found it in US markets irrespective of political uncertainties – if we were looking! Ahead of the weekend and a move into US Dollars the Nikkei lost 1.2% but interestingly the JPY only just moved back to […]
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Migrants sit in a boat during a rescue operation by the Italian navy off the coast of Sicily on Nov. 28. Italy is looking to revamp the way it handles the hundreds of thousands of migrants who arrive annually. The European Refugee Crisis is really completely out of control. The bulk of these people […]
A Russian military surveillance plane flew through secure airspace over Washington flying over the U.S. Capitol, the Pentagon and other government buildings. This was a reconnaissance mission by the unarmed Russian Air Force Tu-154 had been agreed by U.S. authorities under the Treaty on Open Skies, which allows military aircraft from signatory nations to conduct observational flights […]
