Europe

As prominent MEPs are slamming US President Donald Trump's choice for ambassador to Brussels, RT’s Afshin Rattansi sat down with Ted Malloch for his personal views on the matter.

Update: It appears President Trump is pleased with the judge's decision...

We must keep "evil" out of our country!

— Donald J. Trump (@realDonaldTrump) February 3, 2017

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Authored by Paul Craig Roberts,

The Saker is a level-headed person. I take it seriously when he spells out the threat to Trump’s presidency presented by the paradoxical alliance of the ruling oligarchs with what purports to be the “liberal/progressive/left.”

It is amazing that the “liberal/progressive/left” are aligned with war and not with peace and are aligned with the OnePercent against the working class, whom they despise as “Trump deplorables.”

As President Trump drops tape (and tweet) bombs left, right, and center; often saying exactly what he is thinking, it appears the world's leaders (and establishmentarians) are "shocked" at his inconvenient truthiness. As Tim Bale, politics professor at Queen Mary University of London, said, reflecting on Brexit concerns,

"...our reliance on the United States, in normal times, wouldn’t worry too many people... But Donald Trump doesn’t seem to be a normal president."

Which seemed to sum things up nicely.

So what do you do if you're a European banking regulator faced with the task of maintaining a safe, sustainable financial system amid a concerning growth in bank leverage.  Well, if you said sell down risk assets then you're just being silly or completely ignoring your implicit obligation to engineer higher banking profitability at all costs.