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German and Swiss Precious Metals Refiners join forces as Heraeus acquires Argor-Heraeus

Submitted by Ronan Manly, BullionStar.com

German precious metals group Heraeus Precious Metals (HPM), part of the Heraeus industrial group, has just announced the full acquisition of Swiss precious metals refining group Argor-Heraeus. Heraeus is headquartered in Hanau, just outside Frankfurt. Argor-Heraeus is headquartered in Mendrisio in the Swiss Canton of Ticino, beside the Italian border.

L.A. To Worsen Housing Shortage With New Rent Controls

L.A. To Worsen Housing Shortage With New Rent Controls

Authored by Ryan McMaken via Mises Institute,

Los Angeles, home to one of the least affordable housing markets in North America, is now proposing to expand rent control to "fix" its housing problem. 

As with all price control schemes, rent control will serve only to make housing affordable to a small sliver of the population while rendering housing more inaccessible to most. 

TransCanada Gets Presidential Permit for Keystone XL

TransCanada Gets Presidential Permit for Keystone XL

It's official: moments ago TransCanada said the U.S. Department of State issued a presidential permit for the construction of the Keystone XL Pipeline, ending a multi-year controversial, at times acrimonious debate over the future of the pipeline. The pipeline linking Canadian oil sands to U.S. refiners had been blocked by Barack Obama, who said the pipeline would do nothing to reduce fuel prices for U.S. motorists and would contribute emissions linked to global warming.

Mexico's Presidential Frontrunner Blasts Trump's "Neofascism"; Says "Can't Wait To Redo NAFTA"

Mexico's Presidential Frontrunner Blasts Trump's "Neofascism"; Says "Can't Wait To Redo NAFTA"

Last month we wrote about "Mexico's Fiery, Trump-Like Populist Who Looks Increasingly Likely To Win The Presidency In 2018."  As we noted before, Pena Nieto’s PRI party, which has held power for most of Mexico’s modern history, has seen its popularity eroded in recent months due to a series of corruption scandals, surging gasoline prices and a perception among Mexican voters that Pena Nieto himself has been too soft in combatting an aggressive Trump Presidency.

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