Europe

The leader of the UK’s Labour Party, Jeremy Corbyn, has been accused of being a Russian spy after he called for a de-escalation of tensions between NATO and Russia.  Corbyn told the BBC on Thursday that he wishes to see a de-militarisation of the border between Russia and surrounding countries. Theintercept.com reports: Along with the U.S., the UK has been rapidly building up its military presence in the Baltic region, including states which border Russia, and is now about to send another 800 troops to Estonia, 500 of which will be permanently based.

Over the weekend, Barron's published its annual roundtable in which prominent investors previewed what they expect out of 2017: "a year of seismic shifts for the markets and, quite possibly, the world. Or, as Goldman Sachs strategist Abby Joseph Cohen said at this year’s Barron’s Roundtable, “We are breaking a lot of trends.” As Barron's dubbed it, "this could be the year the movie runs backward: Inflation awakens. Bond yields reboot. Stocks stumble. Active management rules.

Submitted by Ryan McMaken via The Mises Institute,

From the perspective of the state, one of the benefits of growing larger geographically is that bigness makes it more difficult for residents to emigrate or cross over borders to escape taxes. 

While hardly coming as much of a a surprise following the weekend's news that Theresa May would call for a "clean and hard Brexit", confirmation received moments ago from both the Telegraph, FT and Bloomberg that on Tuesday May will indeed declare that Britain is making a "clean break" from the EU and will not seek a deal that leaves the country “half in and half out”, has send the sterling lower by some 25 pips, because even though the news is not incremental, as Bloomberg notes quoting a trader, "Algos Trade Off Keyword Flagged in Speech."

It appears the US Democratic party and Clinton campaign are not alone when it comes to problems preserving highly sensitive information. According to the Globe and Mail, Canada's Vice-Admiral Mark Norman has been relieved of his duties as the Canadian military's second-highest-ranking officer over alleged leaks of highly classified information.

Vice-Admiral Mark Norman, commander of the Royal Canadian Navy, Rear Admiral Dave Gardam, Rear Admiral John Newton, and Lt.-Gen Stuart Beare, left to right