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Renzi Loses Italian Referendum By Wide Margin; "Northern League" Calls For Early Elections - Live Blog

Renzi Loses Italian Referendum By Wide Margin; "Northern League" Calls For Early Elections - Live Blog

Update #2: Following the exit polls and the market's response, "Northern League" leader Salvini has called for early elections:

  • SALVINI: NO VICTORY WOULD MEAN PEOPLE DEFEATING ESTABLISHMENT
  • ITALY NORTHERN LEAGUE LEADER CALLS FOR EARLY ELECTIONS: MNI

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Update #1: The Exit polls have begun:

Trump Picks Former Goldman Banker Steven Mnuchin As Treasury Secretary

Trump Picks Former Goldman Banker Steven Mnuchin As Treasury Secretary

While it has yet to be officially confirmed by the Trump transition team, moments ago the NYT reported that - in what had previously been leaked on several occasions on various other outlets most notably the WSJ - former Goldman banker and Soros employee, Steven Mnuchin "a financier with deep roots on Wall Street and in Hollywood but no government experience" is expected to be named Donald J. Trump’s Treasury secretary as soon as Wednesday.

The Return Of Fracking To UK? First Permit Issued In Five Years

The Return Of Fracking To UK? First Permit Issued In Five Years

Submitted by Zainab Calcuttawala via OilPrice.com,

In a 7-4 vote, Councilors of the county of North Yorkshire approved industrial tests on Monday in a move that will allow fracking in Britain for the first time in five years.

The Guardian reported that the go-ahead “swept aside” vocal protests from residents and environmentalists who feared “catastrophic seismic activity, health problems, and pollution” if hydraulic fracturing was introduced.

 

Erdogan Is Preparing For Military Coup In Turkey

Turkey is on the verge of a full military coup under Erdogan’s rule, experts have warned.  The situation in Turkey is rapidly deteriorating. Private debt is spiralling out of control, tourism is at an all-time low and Turkey’s currency continues to decline. Syrian Free Press reports: The 2013 Gezi protests and corruption charges against the government, the 2014 presidential election and two general elections in 2015 have put the Turkish economy under stress. Turkey’s annual growth rate, which for 50 years had averaged 4.5%, remained at an average 3% in the past four years.

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