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Trump Appoints Exxon Mobil CEO As Secretary Of State

Donald Trump is appointing oil chief Rex Tillerson as the next US Secretary of State. I have chosen one of the truly great business leaders of the world, Rex Tillerson, Chairman and CEO of ExxonMobil, to be Secretary of State. — Donald J. Trump (@realDonaldTrump) December 13, 2016 The President elect nominated the Exxon Mobil CEO for the position ignoring ‘concerns’ about Tillerson’s alleged close ties with Russia. Republican Senator John McCain expressed “concern” about Tillerson’s links to Putin, whom the senator called “a thug, a bully and a murderer” during an interview with Fox News.

Global Trade War Baked In The Cake: Boeing Faces China's Wrath

Global Trade War Baked In The Cake: Boeing Faces China's Wrath

Submitted by Michael Shedlock via MishTalk.com,

I have been warning about the increasing likelihood of a serious global trade war for quite some time.

That warning is now my baseline scenario. Unless there is an immediate deescalation of rhetoric and a return to rational thinking, a very destructive global trade war is baked in the cake.

I seek ways that a global trade war does not start, but I come up short.

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