Striking UPS Workers Will Disrupt Business Nationwide With Largest US Walkout In Decades

UPS is facing its largest labor strike in decades – as over 90% of the shipping company’s union members have voted to stop working if a deal can’t be reached on the Teamsters’ current labor contract which expires on August 1, according to CBS News.  The…

Rachel Dolezal Charged With Welfare Fraud … May Point To Mental Problems

Rachel Dolezal, the white woman who passed as black and led an NAACP chapter, is facing a lengthy prison term on welfare fraud charges. Ms. Dolezal, who legally changed her name to Nkechi Diallo in the wake of her “transracial” flap, has been charged with…

BofA: “January 2, 2019, Is The Day The Markets Go Back To Basics” – Here’s Why

Earlier today, when discussing the potential threat facing Italian bonds now that a “populist, anti-establishment” government consisting of the Five Star Movement and the League appears inevitable, we pointed out the elephant in the room, first highlighted by Citi last December, when the bank observed…

The “Reset” Looms – Canadians Start Feeling The Pain Of Debt

Authored by Alex Deluce via GoldTelegraph.com, Many Canadians are facing the consequences of spiraling debt. The Bank of Canada has increased its key interest rate three times since last summer, prompting some of Canada’s larger banks to raise their prime lending rates. Forty-seven percent of Canadians are…

Macron To Trump: “You Make Trade War Against Everyone, Come On…You Need Allies”

French President Emmanuel Macron, the self-styled great persuader and “Trump whisperer”, is facing a monumental task when he arrives in Washington DC on Monday: Convince President Trump to grant the EU a permanent exemption to the steel and aluminum tariffs the US unveiled last month….

Putin Warns Russian Students Living In Britain: “Come Home Immediately”

Facing the “noticeable negative impact of Russophobic attitudes,” Russian authorities have launched a campaign aimed at bringing home young people studying in the UK and other Western countries. As The Express reports, Olga Evko – a representative of Rossotrudnichestvo, the Federal Agency for the Commonwealth…

Greek Bishop Faces Trial Over Urging Followers To Spit On Gays

Authored by Johsua Gill via The Daily Caller, A Greek Orthodox bishop is facing a re-trial over comments in which he allegedly incited violence against gay people, after government officials criticized his initial acquittal. A Greek court acquitted Metropolitan Bishop Ambrosios of Kalavryta of a lawsuit…

Trump Suspends Tariffs On Multiple Nations (Not China Or Japan) Until May

After unleashing the first shots in the global trade war, and facing some retaliation from China tonight, President Trump has decided to exclude multiple nations (and The EU) from steel and aluminum tariffs through May 1st. This action confirms what Ambassador Lighthizer suggested earlier in…

Futures Tumble, Stocks Slide Ahead Of Trump’s China Trade War; Facebook Selling Resumes

Yesterday, we showed that according to Wall Street, the biggest tail risk facing investors right now is a “trade war”… … and that should trade tensions escalate, lower stock prices would be the immediate result (and that managers would sell stocks in advance). Well so…

Massive X-Class Solar Storm To Slam Earth Tomorrow, Could Knockout Satellites, Power

A solar storm caused by an X-Class solar flare facing directly towards earth is likely to hit tomorrow. The brunt of the activity will be in the higher latitudes, however the aurora it generates could result in Northern Lights as far south as Michigan and…