Europe

Submitted by George Igler via The Gatestone Institute,

Authored by George Soros, originally posted at Project Syndicate,

Well before Donald Trump was elected President of the United States, I sent a holiday greeting to my friends that read: “These times are not business as usual. Wishing you the best in a troubled world.” Now I feel the need to share this message with the rest of the world. But before I do, I must tell you who I am and what I stand for.

As Washington prepares to unleash new sanctions on Russia, it appears Putin won't take this laying down. If U.S. adopts new sanctions against Russia, govt in Moscow will resort to counter-measures, Foreign Ministry spokeswoman Maria Zakharova warns in a website statement.

Authored by Nassim Nicholas Taleb via Medium.com,

Inequality vs Inequality

There is inequality and inequality.

The datapoints that suggest the market for new airplanes is underoing a severe repricing shock kept coming overnight, when just two days after Iran announced it had negotiated the "$16.6 billion" purchase of 50 737 planes and 30 777 aircraft at half the sticker price, and one year after we revealed that a used Boeing 777 can be purchased for as much as 97% off, overnight Delta Air Lines said that it would scrap an order for 18 787 Dreamliner aircraft, valued at more than $4 billion at list prices, which the company assumed as a part of its merger with Northwest Airlines.