Submitted by Simon Black via SovereignMan.com,
In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”.
It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world.
In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto.
In a much anticipated speech, Mexican President Enrique Pena Nieto warned that "Mexico is obliged to take steps to defend itself given the new vision in U.S.," reaffirming Mexico "as a nation open to the world on trade." The peso is leaking lower as he speaks, erasing post-inauguration gains.
Further headlines include:
As we previewed and was widely expected, President Trump has just signed 3 executive orders: one officially withdrawing the US from the Trans Pacific Partnership, a second one instituting a federal hiring freeze except for the military, and a 3rd executive order limiting abortion funding overseas.
Pres Trump signs 3 Exec Orders including federal hiring freeze "except for the military" and withdrawing US from Trans-Pacific Partnership. pic.twitter.com/XYxMFi8QDj
Having used words never before heard in a Presidential inauguration address:
bleed, carnage, depletion, disrepair, flush, Islamic, ripped, sad, rusted, sprawl, stealing, stolen, subsidized, tombstones, trapped, trillions, unstoppable...
President Trump has face criticism for his no-holds-barred speech - confirming his stance as an anti-establishment "America First" president. Trump advisor Carl Icahn told CNBC on the afternoon of the inauguration...
The Lost Hegemon:
Whom the Gods Would Destroy
Book Review by David Ray Griffin
F. William Engdahl, who is well known for books and articles in geopolitics, has recently published a book entitled The Lost Hegemon: Whom the Gods Would Destroy. The subtitle refers to a dictum by Euripides, “Those whom the Gods wish to destroy they first make mad.”