The last 4 months have seen something 'odd' happen in Europe's periphery. Sovereign 'risk' has conspicuously (and rationally) risen as macro-fundamentals have deteriorated - something that we have not seen since Draghi's 2012 "whatever it takes" moment.
For the first time since June 2015, Italian youth unemployment has risen above 40% and notably, Italian bond yields are rising...
Western media reports on the conflict in Syria are very misleading, according to Belgian priest Father Daniël Maes, who is causing controversy in Europe by claiming that the U.S.
Authored by Paul Craig Roberts,
My view of Trump is conditional and awaits evidence. I am encouraged by the One Percent’s opposition to Trump, or we have just experienced the greatest ruse in history. Indeed, a pointless ruse, as the Establishment had its candidate in Hillary.
Submitted by Simon Black via SovereignMan.com,
Most of the world is in an uproar right now over the travel ban that Donald Trump hastily imposed late last week on citizens of seven predominantly Muslim countries.
But there was another ban that was quietly proposed last week, and this one has far wider implications: a ban on cash.
The European Union’s primary executive authority, known as the European Commission, issued a “Road Map” last week to initiate continent-wide legislation against cash.
U.S. Army and NATO Generals have warned that the planet is teetering on the brink of World War 3 between the U.S. and Russia. In a recent interview for Time magazine, former Soviet leader Mikhail Gorbachev echoed recent warnings by military chiefs, saying that the tensions between NATO and Russia indicate that a nuclear war is “imminent”. “More troops, tanks and armored personnel carriers are being brought to Europe. NATO and Russian forces and weapons that used to be deployed at a distance are now placed closer to each other, as if to shoot point-blank.