US Scrapped B-52 Military Drill With South Korea After Kim Jong Un Complained

Earlier this week we reported that in response to North Korea’s decision to suspend talks with the South and threatening to cancel the historic June 12 summit between Kim Jong-Un and Donald Trump, the US was considering withholding its B-52 bombers from joint exercises with…

S&P Futures Rise, Yields Drop As Ongoing Dollar Juggernaut Routs Emerging Markets

In a surprising twist to end the week, global markets are in the green and US equity futures are near session highs despite two negative overnight developments: China denying it had agreed to cut the US trade deficit by $200BN, and the official formation of a…

Italy CDS Blows Out As Anti-Establishment Parties Reach Government Deal

After a series of false alarms over the past week, on Friday morning Italy’s anti-establishment Five Star Movement (M5S) and the far-right Northern League have finally agreed on a policy program, ending a monthslong stalemate. The 57-page “Contract for a Government of Change” was published…

Russia Press Freedom Reversal Shows FIFA Has Leverage and Should Use It

Last week, leading German sports journalist Hajo Seppelt got an unpleasant surprise: Russia denied him an entry visa to report on the 2018 World Cup – even after FIFA, the powerful soccer governing body, had green-lighted his application. Seppelt works for ‎German public broadcaster ARD and…

Subprime Chaos: The Auto Bubble’s Bursting And The Data Is Worse Than 2008

Authored by Adem Tumerkan via Palisade Research, Last week, used car prices had their biggest drop since 2009 – directly after the financial market meltdown of 2008. Right now, the auto market is showing signs of incredible worry. Delinquent subprime auto-loans are higher than they were in…

Spotted In New York: Bankers Against Bitcoin

As went the ‘horse-and-buggy’, so goes the great American banker… As Blockchain Week begins, the streets of Manhattan see ‘Bankers Against Bitcoin‘ protesting that “Bitcoin ruined our business model,” and “give us back the remittance industry”… Bankers against bitcoin. LOL #Consensus2018 pic.twitter.com/vzO4WknnyV — Mario (@Token_Mario)…

Iran Threatened To Name Politicians Who Took Bribes To Pass Nuclear Deal

Authored by Joe via ILoveMyFreedom.org, President Trump announced early this week that the US will withdraw from the deceptive Iranian nuclear deal. President Trump made his position on the terrible Iran deal clear during his 2016 campaign. This didn’t stop former Secretary of State John Kerry from…