Politics

After last week's snub, when Nanci Pelosi and Chuck Schumer pulled out of a meeting scheduled with Trump when the president tweeted that he was sitting down with "Chuck and Nancy" but that he didn't "see a deal", it appears that there has been no bad blood between the president and the top Democrats, because on Monday afternoon Chuck and Nancy said they would head to the White House on Thursday for end-of-the-year negotiations and avoiding a government shutdown this week. 

Authored by Jacob Bojesson via The Daily Caller,

Germany is offering rejected asylum seekers money to voluntarily return home as the government gets ready to deport Syrian migrants next summer.

The country’s interior ministry announced a scheme Saturday to give families up to 3,000 euros ($3,560) if they agree to leave.

The program  - titled “Your Country, Your Future, Now! -  will run through the end of February.

Authored by Dan Dicker via OilPrice.com,

The OPEC meeting is over and the cartel has extended production cuts throughout 2018. The decision is obviously crucial to supporting oil prices, but perhaps an even bigger story is the relentless strategy from the young Saudi Prince, Mohammed bin Salman, being played out both inside OPEC and in his own country. And oil is the key to it all.

Judging by the market's euphoric reaction this morning, the Senate's passage of the tax bill on Saturday is nothing but good news for stocks (well, maybe not the Nasdaq). And indeed, banks - whose effective tax rate is around 30% - and other tax-sensitive companies are surging, with banks are outperforming and  sending the KBW bank index up as much as 2.8% to a fresh decade-high (BofA up as much as 3.9% to the highest since Oct. 2008; JPM up as much as 3.4% to record high; Citigroup up as much as 2.7% to highest since Dec. 2008).

After years of fighting, the capital of Yemen, Sanaa, has reportedly fallen under control of Houthi rebel fighters, according to media citing the Interior Ministry. The Iran-backed group has allegedly retaken the city after killing former President Ali Abdullah Saleh, whose death was just confirmed by a party official.

#BREAKING Yemen ex-president Saleh confirmed dead: party official

— AFP news agency (@AFP) December 4, 2017