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Frontrunning: June 28

  • Global Bonds Sell Off, Sparking Fears of Further ‘Taper Tantrum’ (WSJ)
  • Facing revolt on healthcare, GOP senators delay vote (Reuters)
  • Global businesses dig out from latest cyber attack (Reuters)
  • Companies Work to Contain Fallout From Cyberattack (WSJ)
  • Cyber attack hits property arm of French bank BNP Paribas (Reuters)
  • Obama Choked on Russia Long Before the 2016 Election (BBG)
  • The EU May Need to Introduce a Bloc-Wide Tax After Brexit (BBG)
  • iPhone Anniversary Edition Gives Analysts Pre-Party Jitters (WSJ)

How America Armed Terrorists In Syria

Authored by Gareth Porter via TheAmericanConservative.com,

Three-term Congresswoman Tulsi Gabbard of Hawaii, a member of both the Armed Services and Foreign Affairs committees, has proposed legislation that would prohibit any U.S. assistance to terrorist organizations in Syria as well as to any organization working directly with them. Equally important, it would prohibit U.S. military sales and other forms of military cooperation with other countries that provide arms or financing to those terrorists and their collaborators.

Jim Grant Explains The Gold Standard

Authored by Ryan McMaken via The Mises Institute,

Earlier this month in the Wall Street JournalJames Grant explored the latest academic attack on the gold standard — this time in the form of One Nation Under Gold by financial journalist James Ledbetter.

Not that the establishment economics profession needs another book trashing gold. Among the university- and government-employed PhDs who hand down their wisdom about economics from on high, few have anything but disdain for the yellow metal. 

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