Politics

Twice in one week.

Just days after ECB president Mario Draghi (and other Europeans) suggested that Trump's proposed deregulation has "sown the seeds of the next financial crisis", when he told the European Parliament that "the last thing we need at this point in time is the relaxation of regulation. The idea of repeating the conditions that were in place before the crisis is something that is very worrisome", clearly ignoring that one of the biggest timebombs facing the world is his own balance sheet... 

After a couple of months of animal-spirit-inducing exuberance in soft-survey-hope-data, UMich consumer sentiment printed a disappointing 95.7 in Feb (versus 98.0 exp and down from 98.5 in Jan). The biggest driver was a notable drop in 'hope' as Democrats Expectations plunged near record lows.

Syrian President Bashar Assad said that the allegations of torture and mass hangings in one of his military prisons were the product of a “fake news era”. Assad claims that human rights group, Amnesty International, had fabricated evidence to discredit his government.

The rattling of sabres grows ever louder. Military.com reports that the Air Force says an unarmed Minuteman 3 missile has been launched from California's central coast in the latest test of the intercontinental system.

The missile blasted off at 11:39 p.m. PDT Wednesday from Vandenberg Air Force Base northwest of Los Angeles.

The Air Force says the missile carried test re-entry vehicles that headed for a target area 4,200 miles away to the Kwajalein Atoll in the Marshall Islands in the Pacific Ocean.

Hundreds of thousands of Iranians rallied on Friday, taking to the streets of Tehran to celebrate the anniversary of the Islamic Revolution and denounce President Trump’s recent statements about Iran.

On the anniversary of Iran's 1979 Islamic Revolution which toppled the U.S.-backed House of Pahlavi, a flod of marchers, including hundreds of military personnel and policemen headed towards Tehran's Azadi (Freedom) Square. They carried "Death to America" banners and effigies of Trump, while a military police band played traditional Iranian revolutionary songs.