Economy & Politics


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  • The Latest Updates About Ukraine And Flight MH17: News Roundup

    For those just waking up and looking to catch up on all the latest news out of Ukraine and the MH17 crash response in particular, here is the latest news roundup. Putin says country will resist attempts to destabilize it; sees not direct threat to Russian... Read More >>

    CPI Remains Stubbornly High As Yellen’s “Noise” Won’t Go Away

    Consumer Price Inflation was 2.1% in June (as expected) remaining above the Fed's mandate levels and worryingly for all those who see the Fed as omniscient... refusing to go "noisily" down. Core CPI fell very modestly to 1.9% year-over-year but the jump in... Read More >>

    Chinese Premier Li Admits Central Planning May Not Be Optimal

    In an odd admission of the possible fallibility of a centrally-planned economy, none other than Chinese Premier Li recently noted, "we should never assume that we few at the top have more insight or power but should try to mobilize the intelligence and... Read More >>

    Putin Speaks: Will Respond “Adequately” To Ongoing NATO Buildup; “Wont Tighten Screws” In Response To Threats

    Perhaps there were some concerns that Putin, following the Russian Security Council Meeting today, may lash out at the west with escalating retaliatory sanctions against the west of his own. He did not which may explain why futures just saw an algo-driven... Read More >>

    Bank Of England Pushes For TBTF Proposals Ahead Of G20 Meeting

    Bank of England officials led by Mark Carney, the Bank of England governor, are attempting to bridge sharp differences among leading G20 countries as they prepare a landmark set of proposals aimed at tackling the problem of “too big to fail” banks... Read More >>

    Russia Says Has Photos Of Ukraine Deploying BUK Missiles In East

    Ukraine hasn’t said how it immediately knew rebels downed Malaysian plane, notes the Russian Foreign Ministry, as it unveils 10 awkward questions for Ukraine (and perhaps the US 'snap judgment') to answer about the MH17 disaster. However, what is perhaps... Read More >>

    The New Scariest Chart In America

    For the last few years, the 'scariest' chart for Europeans has been the unending surge in youth unemployment. However, amid all the sound and fury of mainstream US media discussions of the 'recovery' in America and the President's employment track record,... Read More >>

    With ISIS Now Controlling 35% Of Syria And Most Of Its Oil Fields, Iraq Issues An Ultimatum To The US

    Remember when the extremist Al Qaeda spinoff ISIS (or, now known as Islamic State following the formation of its own caliphate in the middle of Iraq and Syria) was still a "thing" two weeks ago? In this case out of sight does not mean out of mind, and while... Read More >>

    Vietnam Says China Backing Down In Oil Rig Dispute

    A leading Vietnamese military officer said July 16 that China’s decision to remove a huge oil rig from waters claimed by both countries shows that it is backing down in a dispute that has raged since May. Maj. Gen. Le Ma Luong told PetroTimes, a... Read More >>

    Is This Glenn Beck Charity Wrong?

    Conservative broadcaster Glenn Beck says that Americans should “open our hearts” to the plight of the thousands of children who have streamed across our southern border. “Through no fault of their own, they are caught in a political crossfire,” he... Read More >>

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