The Havana Whodunnit: What Nation Just Built An “Unprecedented” Spy Radar Base In Cuba?

According to a new surveillance report from The Diplomat, exclusive satellite imagery from March 2017 to May 2018 reveals a newly expanded “signals intelligence” military facility near Bejucal, Cuba. The report focuses on a massive radome sitting on top of an elevated concrete mounting structure. From…

Pre-Dossier Carter Page: Russian Spy … or FBI Honor Scout?

Authored by Paul Sperry via RealClearInvestigations.com, The FBI’s interview with Carter Page in March 2016 is one of the seminal events of the Trump-Russia probe. Democrats have long pointed to it as evidence of the bureau’s longstanding fears that Page might be a Russian spy…

Philippine Police Promotions an Affront to ‘Drug War’ Victims

Expand Mourners display a streamer during a funeral march for Kian delos Santos, a 17-year-old student who was shot during anti-drug operations in Caloocan, Metro Manila, Philippines August 26, 2017. © 2017 Reuters The Philippine National Police (PNP) has once again promoted rather than punished…

Tesla Accelerated Seconds Before Slamming Into Highway Barrier, Killing Driver: NTSB

The NTSB has released its report analyzing the March 23 Tesla Model X crash in Mountain View, which ended in the tragic death of a 38 year old Apple engineer and took place while Autopilot was engaged – and while the driver had their hands…

4 Reasons Why The Market Is Completely Ignoring Escalating Trade Wars

Back in March, JPM’s head quant Marko Kolanovic laid out the simplest case why despite all his bluster, angry tweets and constant puffing, Trump will not dare to engage in a full-blown global trade war which would impair the global economy and cripple capital markets….

Consumer Confidence Bounces In May, ‘Present Situation’ Highest In 17 Years

Confidence in the ‘present situation’ reached its highest since March 2001, and thanks to a downward revision in April, May’s ‘future expectations’ bounced modestly leaving the headline just shy of cycle peaks… Consumer confidence rose to a three-month high in May, according to a report…

A Minute of Silence for Victims of Nigeria’s Epidemic of Violence

Expand Men march along a truck carrying the coffins of people killed in Makurdi, Nigeria January 11, 2018.  © 2018 Reuters Nigerian civil society groups declared today a national day of mourning and remembrance to honor the victims of violence across the country. The group, the Civil…

Danish Minister: “Dangerous For All Of Us” If Muslims Work During Ramadan

Back in March of last year, Erico Matias Tavares , asked Iben Thranholm – one of Denmark’s most widely read columnists on such matters – if Denmark was on the brink? Thranholm is a former editor and radio host at the Danish Broadcasting Corporation (DR),…

Is The EM Rout Worse Than The Taper Tantrum? The Answer In One Chart

Robin Brooks, who until March 2017 was Goldman’s chief FX strategist (and provided countless hours of entertainment for FX traders who had a habit of fading his recos), recently moved to the Institute of International Finance where he has focused more on the fund flow…

The “World’s Most Bearish Hedge Fund Manager” Makes A Major Change To His Portfolio

Last March, after the worst year in Horseman Capital’s history when the fund lost -24% of its AUM, on par with its performance in 2009, fund CIO Russell Clark capitulated on what until then was the world’s most bearish portfolio, sending its net exposure from…