Meotti: Europe Fights Back With Candles And Teddy Bears

Authored by Giulio Meotti via The Gatestone Institute,
Authored by Giulio Meotti via The Gatestone Institute,
Authored by Finian Cunningham via The Strategic Culture Foundation,
When US President Donald Trump addressed the opening of the NATO summit last week, it was an embarrassing display of American bullying. As Trump lectured the other leaders of the military alliance about laggardly financial commitments, there was much shuffling of feet and grimacing of faces. There were also contemptuous smirks as the president spoke.
The Group of Seven world leaders, or rather Six excluding Trump, tried to tame the US president... and failed. Which means on Saturday the group will sign off on a significantly "pared-down" statement at the close of their meeting in Sicily - an indication of deep divisions on climate change, trade and various other issues between Trump and the rest of the developed world.
S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to surprise" markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions.
The University of Illinois has capitulated to faculty complaints and rescinded a speaking invitation to Nobel Laureate James Watson, who has ruffled feathers with past comments about race.
Watson is famous for co-discovering the double-helix structure of DNA, but even a preemptive email stating that he would be giving a "narrowly focused scientific talk" failed to assuage faculty concerns.