Global Stocks Rise On Strong Economic Data, Dollar Set To End Streak Of Monthly Declines
It's groundhog day as S&P futures, European and Asian shares all rise overnight, while the dollar is set to .
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Maduro Thugs Storm Venezuela National Assembly, Beat Opposition Lawmakers, Default Risk Jumps
Venezuela celebrated 206 years of independence in a manner uniquely befitting Latin America’s socialist paradise: A gang of armed Maduro supporters broke into the National Assembly and viciously assaulted opposition lawmakers, nearly killing one.
Here’s Reuters:
“The melee, which injured seven opposition politicians, was another worrying flashpoint in a traumatic last three months for the South American OPEC nation, shaken by opposition protests against socialist President Nicolas Maduro.
Venezuela President Maduro Says Armed Group "Started A Coup", Using Stolen Helicopter To Drop Grenades
In an incident that is oddly reminiscent to the "failed coup" in Turkey from last June, late on Tuesday a rogue Venezuelan police helicopter strafed the Supreme Court and the interior ministry on Tuesday, in what President Nicolas Maduro called an attack by "terrorists seeking a coup" and which major news agencies said was an escalation of the OPEC nation's political crisis, although to some local Venezuelans this was a staged attempt to justify ongoing repression at Venezuela's National Assembly.
In "Personal Blow" Theresa May's Two Closest Advisors Quit After Election Debacle
In the aftermath of the stunning loss by Theresa May's Conservative party in the UK General Elections, bookmakers quickly made Labour's Jeremy Corbin the odds-on favorite to become the UK's next Prime Minister, implying May would resign shortly. That contingency, however, got a last minute reprieve when May announced on Friday she would seek to form a minority government with the help of a small Northern Irish party, the far-right Democratic Unionist Party (DUP), extending her political career if only for the immediate future.
Italy's 5-Star Party Demands Immediate Elections After Failure Of Electoral Reform
Not everyone is satisfied with today's news that Italy's early elections will likely be pushed back. Italy's anti-establishment 5-Star Movement called on Thursday for immediate national elections after the previously reported deal on electoral reform - which would have resulted in the next Italian elections taking place in September, at the same time as Germany's - among the major parties unraveled.