European Commission chief Jean-Claude Juncker delivered his annual state of the union address on Wednesday, in which he laid out his grand vision for federalist Europe, and urged European Union governments to use economic recovery (i.e., Mario Draghi's nationalization of the bond market), the political weakness in the US and Brexit as "springboards" toward a closer union, built on an expanded euro zone and a pivotal role in world trade.
JP Morgan Chase & Co. CEO Jamie Dimon’s declaration that he would fire any JPM traders whom he knew were trading bitcoin unexpectedly ranked among the most popular stories on several respected financial media websites – despite stiff competition from Apple Inc.’s 10th anniversary product launch.
Robbie Travers, a 21-year-old law student, is being investigated by the University of Edinburgh for claims he committed a “hate crime”.
As we detailed previoustly, sharing a comment on his Facebook page – in response to the U.S. Air Force dropping a massive ordinance air blast (or MOAB, “Mother Of All Bombs) on a network of ISIS tunnels in Afghanistan in April – Travers said:
It's been a bad year for inflation forecasters: every month this year, economist consensus has expected core CPI to rise by 0.2% and every month since March, that figure has proven to be too high, resulting in 5 consecutive inflation misses and the weakest stretch of core inflation growth since 2010.
Did the doomsday clock on the petrodollar (and implicitly US hegemony) just tick one more minute closer to midnight?
Source: The Burning Platform
Apparently confirming what President Maduro had warned following the recent US sanctions, The Wall Street Journal reports that Venezuela has officially stopped accepting US Dollars as payment for its crude oil exports.