Politics

With the UK elections fast approaching, what was until recently seen as an almost certain overall majority for Theresa May is rapidly slipping away, and moments ago according to Sam Coates, the Deputy Political Editor of the Times, a just released YouGov poll shows that the Conservatives would miss the number of seats needed for a majority (326) by roughly 16 seats, and in fact would lose 20 seats from the 330 the Tories had at the time of the dissolution of the 2015-2017 parliament.

Just three weeks after reports first emerged that the Trump administration was considering arming the Syrian Kurd militia caught in the crossfire between Turkish and Syrian army forces, NBC reported that the American military has started shipping weapons and equipment to the Kurdish fighters of the Syrian Democratic Forces, also known as YPG, a key US ally on the ground in Syria. Citing an unnamed official, NBC adds that the U.S. began providing the equipment in the last 24 hours.

Via The Daily Bell

A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens.

While Angela Merkel is busy sowing the seeds of the next cold war between Germany and the Trump administration (and therefore the US, if only for the next three and a half years), a troubling flashpoint for Germany continues to grow in Turkey where on Tursday, Turkey's foreign minister said it is not possible to allow German lawmakers to visit troops stationed at Turkey's Incirlik air base now, although he said Ankara may reconsider if it sees "positive steps" from Berlin.

The Mexican peso tumbled more than 1% this morning, more than every other major emerging-market currency except the South African rand.

Bloomberg reports that traders were anticipating a victory for the opposition Morena party in this weekend’s gubernatorial elections in the state of Mexico, according to Win Thin, Brown Brothers Harriman & Co.’s head of emerging markets in New York.

And the peso is back at one-week lows