One months ago, we reported that according to option markets, GE - whose stock prices and operations have been in turmoil recently- was expected to massively slash its dividend, by just over 40%.
Authored by James George Jatras via The Strategic Culture Foundation,
There’s no indication that President Donald Trump’s summit with China’s Xi Jinping achieved any breakthrough on North Korea. But why didn’t it? After all, Trump said that China could “fix” the North Korea problem “easily and quickly” and it was just a matter of Xi’s making up his mind to do so.
Authored by Eric Zuesse,
It all began with the 1996 bombing of the Khobar Towers apartment complex in the Saudi city of Khobar, which killed 19 U.S. military, who worked at the Dharan air base three miles away.
That incident became the lynchpin of the accusation by the Saudi royal family, the U.S. State Department, and the CIA, that Iran is the foremost state sponsor of terrorism.
Since the beginning of the year, much ink has been spilled about the Army’s increasingly desperate attempts to fill its lofty recruiting quota for fiscal year 2017-2018: That is, 80,000 new soldiers. To hit that number, the Army has repeatedly loosened its recruiting requirements. Last month, the military introduced a new policy that would forgive recruits with a history of marijuana use or certain marijuana related criminal violations...
Authored by James Rickards via The Daily Reckoning,
Leland Miller, a good friend of mine, is the founder and proprietor of an economic research service called the “China Beige Book.”
The name “beige book” was borrowed from the surveys conducted by regional Federal Reserve banks of economic conditions in their regions. (In the days before the internet, the Fed issued hard-copy booklets with different-colored covers based on subject matter. The economic conditions booklet had a beige-colored cover. Hence the name.)