FBI Chief Threatens To Quit If Trump Invites Russian Agents To US

FBI Chief Christopher Wray dismissed Russian President Vladimir Putin’s offer for US law enforcement agents to travel to Russia and interview the subjects of last week’s DOJ indictment, saying “that’s not high on our list of investigative techniques“ during a Q&A with CNN’s Lester Holt…

DR Congo Rights Abusers Rewarded with Army Promotions

Expand Gabriel Amisi (L), known as “Tango Four”, new deputy army chief of staff in charge of operations and intelligence, and John Numbi, new national army inspector. © 2016 Private The Democratic Republic of Congo’s president and commander in chief, Joseph Kabila, has promoted two generals…

El-Erian: Why The US Is “Winning” The Trade War

Mohamed El-Erian, Allianz’s chief economic advisor, declared Friday that the US will prevail in its trade war against China because China is a “less open economy” than its western rivals. Mohamed El-Erian El-Erian said that earlier this week, which ended in relative terms, we are…

Hong Kong: Freedoms Rapidly Deteriorating

Expand Hong Kong Chief Executive Carrie Lam and other officials stand in front of a line dividing Hong Kong and mainland Chinese control zone as part of the joint immigration checkpoint inside West Kowloon Terminus for the Guangzhou-Shenzhen-Hong Kong Express Rail Link in Hong Kong,…

Philippines: End Police Abuses

Expand Philippine National Police Chief Oscar Albayalde arrives for the police chief handover ceremony in Camp Crame, Quezon City, April 19, 2018. © 2018 Reuters (Manila) – The new head of the Philippine National Police (PNP) should urgently address police involvement in “drug war” killings…

Morgan Stanley: “These Four Key Elements Of This Market Are Very Different Than A Year Ago”

From the Sunday Start by Andrew Sheets, Morgan Stanley’s chief cross-asset strategist Every American has their own 4th of July traditions. Mine included the neighbourhood lining up in a field and tossing eggs back and forth, at increasing distance, until only one person remained. Every…

Goldman Co-Head Of Trading: I Am Worried The Market May “Break” And Not Snap Back

Several weeks ago, Goldman’s Chief Markets Economist Charlie Himmelberg became the latest Wall Street strategist to admit the threat to the market posed by HFT. Picking up on our original warning from April 2009, the Goldman strategist warned that HFTs – due to their inability…

Peso Plunge Resumes – Time To Fire Another Argentine Central Bank Chief

Update: Less than two hours after BCRA’s old chief quit and the new chief prompted a 4% ramp in the peso “due to his credibility”, the currency has collapsed back to its record lows once again… And the ‘Century’ bonds are now trading +5bps in…

Philippine Police Chief Halts Crime Suspect ‘Perp Walks’

Expand Oscar Albayalde arrives for the National Police chief handover ceremony in Camp Crame, Quezon City, metro Manila, Philippines, April 19, 2018. © 2018 Reuters The Philippine National Police (PNP) did something extraordinary this week: It took action to protect the rights of criminal suspects….