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New Video Exposes Anti-Trump Groups Plotting Criminal Acts To Disrupt Inauguration
"Yeah, if you had...a pint of butyric acid, I don't care how big the building is, it's closing...And this stuff is very efficient, it's very very smelly, lasts a long time, and a little of it goes a long way."
Responding to Trump's Sunday criticism, Germany's economy minister Sigmar Gabriel said "there
is a link between America’s flawed interventionist policy, especially
the Iraq war, and the refugee crisis, that’s why my advice would be
that we shouldn’t tell each other what we have done right or wrong" and also urged the US to "build better cars" if it wants Germans to buy them.
It appears the US Democratic party and Clinton campaign are not
alone when it comes to problems preserving highly sensitive
information. According to the Globe and Mail,
Canada's Vice-Admiral Mark Norman has been relieved of his duties as
the Canadian military's second-highest-ranking officer over alleged
leaks of highly classified information.
It turns out, he is not alone. As our friends at GaveKal point out,
of the end of December, short interest dropped to its lowest level
since early 2014, even as stock market indices hovered at new highs,
suggesting that a short squeeze into the close of 2016 indeed took place
as many trading desks suggested, and may have been responsible for the
push higher in equity market toward the end of 2016.
There are five defining stages for the "Trump trade": Trading i) ‘the promise’; ii) the deal-making; iii) the enactment; iv) the economic impact, and, v) the payback. Trump’s
press conference last Wednesday drew the line between ‘the promise’
phase, and, the stage where deliverables will become progressively more
important. Here is what to expect next.
Reconfirming that he has much left to accomplish in his final week in office, Obama has released another 10 Gitmo detainees that have just confirmed their safe arrival in Oman.
This is an enormous week in the United States: opening today
with the Martin Luther King holiday, and culminating with the
Presidential Inauguration. So it’s perhaps interesting to see a small
spar between two individuals who are close to each event - Congressman
John Lewis, a prominent figure from the Civil Rights Movement era, and
President-elect Trump.
"There's a sense that the system is broken," said
Richard Edelman, head of the Edelman Trust Barometer. "The most
shocking statistic of this whole study is that half the people who are
high-income, college-educated and well-informed also believe the system
doesn't work."
The wife of the man who carried out a deadly terrorist attack
in Orlando, was arrested by the FBI in connection with the mass
shooting, a law enforcement official said Monday.
Just one week after thousands of US troops arrived in
Poland to "support NATO's Anti-Russian buildup", 300 U.S. Marines from
Camp Lejeune landed in Norway on Monday for a six-month deployment,
marking the first time since World War II that foreign troops have been
allowed to be stationed there.
Whatever the world will be treated to under the new American presidency, the words of Neil Innes ring true: “No matter who you vote for, the government always gets in.”
As Congressman John Lewis - a prominent civil rights era figure
- continues to shun the president-elect (for his illegitimacy), it
appears none other than Martin Luther King Jr.'s son is willing to give him a chance. Trump's incoming press secretary, Sean Spicer, announced via Twitter that the two will meet and discuss the civil rights leader's legacy.
A lone shooter fired on a crowd at a nightclub in Playa del
Carmen, site of the BPM electronic music festival in Mexico early
Monday, leaving at least five people dead and at least a dozen more
injured. Local news reports suggest that the shooting came after a
'disagreement' and is connected to ongoing drug cartel wars in the area
Despite federal authorities in south Florida busting the largest food-stamp fraud operation in U.S. history
last year, food-stamp recipients can use their taxpayer-funded benefit
to order online from retailers like Amazon under a new Obama
administration initiative that aims to facilitate the shopping
experience for rural and urban residents. It marks the latest of
many costly experiments by the administration to expand the
fraud-infested program, which has seen a record-high number of
beneficiaries under President Obama.
Here comes stagflation. Turkey's biggest headache, its crashing
currency, will soon translate into another major problem. According to
two senior economy officials,
inflation could reach double digits in the first quarter for the first
time in almost five years as a result of the lira's falls, even as the
government's budget deficit just hit a record high.
"We’re going to have insurance for everybody.
There was a philosophy in some circles that if you can’t pay for it,
you don’t get it. That’s not going to happen with us. It’ll be another
plan. But they’ll be beautifully covered.
Just over two years to the day since two gunmen walked into the offices of the satirical magazine Charlie Hebdo in Paris and murdered twelve people, we have learned for certain that any such tolerance is a one-way street.
As the world's elite gather in Davos to decide for the minions
what the world should look like, The IMF has taken a far dimmer view of
global (and by that we mean Trumpian) economic growth than markets
appear to be. In addition to slashing Brazilian, Mexican, and Saudi Arabian economic growth forecasts, Lagarde's lackeys are taking a cautious stance toward the policies of U.S. President-elect Donald Trump, who takes office this week, assuming only a modest boost to the U.S. economy from his promise of fiscal stimulus.
In two separate, and quite striking interviews with Germany's Bild (paywall) and London's Sunday Times (paywall),
Donald Trump did what he failed to do in his first US press
conference, and covered an extensive amount of policy and strategy,
much of which however will likely please neither the pundits, nor the
markets.
The week ahead will be a busy one, with a plethora of events
including the Davos shindig, where particular focus will be on Chinese
President Xi Jinping, the first Chinese president to attend. China will
also announce GDP on Friday, which also marks the inauguration of Donald
Trump as the 45th US president. Tuesday brings Theresa May's
long-awaited Brexit speech.
Following a brief spike overnight (as China intervened in its
equity market), crude prices slipped lower, testing towards a $51
handle after Saudi Arabia says OPEC is on track to wrap up its production curbs by the middle of the year, potentially leaving its aim of clearing a global oil glut unfinished.
In the latest indication that China is becoming increasingly
unsettled by Trump's relentless attacks on legacy diplomacy with China,
and especially the "One China" policy, two leading state-run
newspapers warned on Monday that Beijing will "take off the gloves" and take strong action if Trump continues to provoke Beijing over Taiwan once he assumes office.
South Korea political crisis spilled over into the corporate
sector overnight, when the country's special prosecutor on Monday
sought a warrant to arrest the head of Samsung Group, the country's
largest conglomerate, accusing him of paying multi-million dollar
bribes to a friend of impeached President Park Geun-hye.
The US may be closed, but nothing stands in the way of merger
Monday, which today struck in Europe with the announcement that Italy's
Ray-Ban maker, Luxottica, and France's lens company Essilor agreed to a
€46 billion ($49 billion) merger to create a global eyewear giant with
annual revenue of more than €15 billion.
Sterling fell, equities slid, Chinese markets got a helping
government intervention hand again, and gold climbed over concerns U.K.
Prime Minister Theresa May is prepared to lead Britain out of the
European Union’s single market and as the U.S. President-elect suggested
other countries could break from the bloc.
Conventional wisdom suggests National Front candidate Marine le
Pen will make it to the second round in French elections, then lose in
a landslide to whoever her opponent happens to be. However, le Pen’s odds of winning it outright may be far better than most think.
The Sea-based X-Band Radar has deployed out of Pearl Harbor
after North Korean dictator Kim Jong Un recently said his country was
in the "final stages" of test-launching an intercontinental ballistic
missile. Media sources reported that the SBX was being sent about 2,000 miles northwest of Hawaii to watch for a possible North Korean launch in coming months. The Pentagon downplayed the floating radar's Monday departure.
While MLK was a peaceful man, he was unquestionably a fierce
revolutionary against the prevailing status quo. While his cause and
struggle look so obvious now, in his day many segments of American society considered him the enemy, including the U.S. government. For example, we now know that the FBI actually wrote him a letter suggesting he commit suicide.
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