The Gulf Cooperation Council (GCC) is concerned over a missing radioactive device from Iran’s Bushehr nuclear reactor, Saudi-owned Arab newspaper Asharq al-Awsat reported on Thursday.
Furthermore, as OilPrice.com's Tsvetana Paraskova notes, aside from the security concerns, at the forefront in the GCC’s mind is what impact the radioactive device - wherever it may be today - could have on water supplies.
Every presidential election brings with it a renewed debate on taxes: should tax rates be increased or decreased (which in turn forces economists to break out their textbooks to brush up on their Laffer curve definitions)? Traditionally, the question eventually boils down to one thing: what should the tax treatment of the "rich" be: should the wealthy pay more or less in taxes?
The market moves since the US elections have been both big and surprising, and as JPMorgan notes, fund managers have been either too slow or too reluctant to jump into the Trump trade. However, algo-based Risk-Parity funds suffered the most with their biggest loss since Dec 2015 as market 'fear' tumbles to 9 month lows (and stocks are the most overbought in 13 years).
Jill Stein's credibility seems to be sinking fast as both the Obama administration and the Clinton campaign have released statements this morning indicating they've failed to uncover a single shred of election hacking evidence. The Obama administration confirmed their confidence in the election results via comments made to the New York Times saying that the election was "free and fair from a cybersecurity perspective" and that votes "accurately reflect the will of the American people."
Submitted by Charles Hugh-Smith via PeakProsperity.com,
A remarkably diverse array of “explanations” of Donald Trump’s presidential election victory have been aired, representing both the conventional political spectrum and well beyond.
Let’s start with the conventional mainstream media “explanations”: