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Europe

Mad Merkel Says Robots Have ‘Same Rights As Humans’

Angela Merkel and her MEP chums in Europe are calling for a new law that would class robots as “electronic persons,” granting them the same rights as human beings.  The new law would mean that all types of artificial intelligence (AI) would be legally held responsible for their “acts or omissions”. Express.co.uk reports: The European Parliament’s Legal Affairs Committee voted on the first ever report on robots on Friday.

Jeremy Corbyn Accused Of Being Russian Spy

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.

"What Will We Be Talking About This Time Next Year" - Here Is Jeff Gundlach's Answer

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.

Pound Slides After Theresa May's Full Speech Leaks, Laying Out Her 12-Point Plan

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."

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