British Prime Minister (for now) Theresa May is desperately cobbling together a deal today with a small Northem Irish political party that she needs to stay in power after a disastrous election that destroyed her authority days before Brexit talks are due to start.
So how did we get here? Hedge Fund CIO Eric Peters succinctly sums up the state of play...
Authored by Nomi Prins via TomDispatch.com,
Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a lot. It would be huge! Terrific! It could change our world for the better in a big-league way! It could save us all from economic disaster! And it isn’t even hard to grasp or complicated to do. It’s simple, in fact. Reinstitute the Glass-Steagall Act. Let me explain.
In a surprisingly non-partsian take by Dianne Feinstein, the top Democrat on the Senate Judiciary Committee, the California senator said that Congress should investigate whether - as we discussed last Thursday - former Attorney General Loretta Lynch pressured former FBI Director James Comey to cover for Hillary Clinton's presidential campaign.
"I think we need to more about that, and there's only one way to know about it and that's to have the Judiciary committee take a look at that."
With a record low turnout, less than 50% of eligible voters are expected to cast their votes in today's first round of the French parliamentary election...
... projections show Macron's Republique en Marche party winning by a landslide, set to hold a giant majority with anywhere between 400 and 445 seats in the 577-member National Assembly.
As Reuters adds, according to two pollsters, IPSOS and Kantar Sofres, his Republic On the Move (LREM) party and its ally Modem were set to win well over 400 seats in the 577-seat National Assembly.
If there was any confusion on which side of the Qatar crisis Iran found itself, it was swept away today after Iran's Tasnim news, cited by Turkey's Anadolu Agency, reported that Iran plans to send two warships to Oman on Sunday. The two ships will depart using Iran's southern waters off the port city of Bandar Abbas for an overseas mission to the Arab Peninsula state and then on to international waters.