Earlier today, Canada's Globe and Mail released the following helicopter flyover showing the extent of Fort McMurray destruction in the heart of Canada's oilsands region, in the aftermath of the massive wildfire which continues to spread in Canada's Alberta province and until earlier today was threatening to enter neighboring Saskatchewan province.
Russia has offered to send fire-fighting aircraft to assist Canada in dealing with the Alberta wildfire. Communications Adviser for Public Safety Canada, spokesperson Mylene Croteau, told domestic Russian-language news agency RIA Novosti on Friday, that Ottawa will review Moscow’s offer in due course. Sputnik reports: “We can confirm that we have received a letter from the Russian Federation offering their assistance,” Croteau said.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Clashes with police erupted as thousands gathered outside the Greek parliament in Athens to protest controversial new austerity measures. MPs in Greece voted in favor of new measures, which will include pension cuts and tax hikes as well as new taxes on internet and TV.
With the Trump vs Clinton showdown set to begin and conclude precisely 6 months from today, the market is finally starting to focus on how either of the two presidential contenders will impact various asset classes. In this vein, over the weekend, Deutsche Bank's Alan Ruskin issued a report on how FX trading will be influenced by politics, noting that the channels through which the coming election will influence the USD are complex and sometimes contradictory - which will probably mute the response to some degree.