Technology

The European Space Agency may team up with NASA to launch a 2020 mission against a dangerous asteroid headed for earth. Planetary scientists and experts have released an open letter urging support for the mission. The space agencies plan to crash a probe into a 160m wide asteroid and deflect it from its course. Actors Billy Bob Thornton and Bruce Willis similarly tried stopping an asteroid that was threatening to collide with earth, in the 1998 disaster movie Armageddon. Daily Star reports: It comes after the Chelyabinsk meteor, which was just 20m wide, exploded over Russia in 2013.

Submitted by Martin Armstrong via ArmstrongEconomics.com,

Britain has passed what everyone calls the “snooper’s charter” otherwise known as the Investigatory Powers Bill.

 

This new legislation establishes the legal framework authorizing the government to hack into devices, networks and services in bulk and to create vast databases of personal information on all UK citizens. This is a preliminary step for a movement to impose worldwide taxation on Brits.

 

President Barack Obama has joined the war on “fake news” and has promised to take down “alternative media” websites before Trump gets into office.  In the last week, left-wing mainstream media outlets have begun labelling alt. media and conservative news sites as “fake news” – bundling them in with sporadic spam websites in an attempt to flush them out of the internet forever. Activistpost.com reports: Some of these pundits are worried that bad information on the Internet paved the way for President-Elect Trump.

Do as I say, not as I do...

Source: Townhall.com

By EconMatters

We delve into the recent 10-Day move in the US Dollar Index, and look at the major currency pairs in this video. The Oil and commodity related currencies may outperform against the US Dollar next week on optimism regarding an OPEC deal getting done. Expect a largely range bound market in an overall light holiday trading week.