Authored by Mike Shedlock via MishTalk.com,
Brexit negotiations hit the rocks with the size of the Brexit divorce bill the key issue.
The Independent reports: Britain is ‘backtracking’ on its Brexit divorce bill commitments, moans Michel Barnier, the EU’s chief negotiator warns.
My response: Hooray for the UK!
British people have suddenly stopped buying cars and as BI's Jim Edwards notes, it's not clear why.
As the following chart from Barclays shows, both new- and used-car sales have collapsed...
While the slump in consumer confidence remains a major factor...
But as Edwards notes, a number of other factors are colliding simultaneously to hurt UK car sales:
As the two old, cold war adversaries, Russia and NATO, prepare to begin massive war games to show off their respective military strengths, it was the UK's turn to accuse Russia first of "testing the West" by conducting war games on NATO’s eastern flank in its biggest military exercise in four years. Speaking on BBC's “The Andrew Marr Show” on Sunday, U.K. Defense Secretary Michael Fallon said that Russia's exercise "is designed to provoke us, it’s designed to test our defenses, and that’s why we have to be strong.
Authored by Matthew Jamison via The Strategic Culture Foundation,
The hackneyed international billionaire enigma known by the name of George Soros (redolent of the James Bond villain Blofeld – the head of the sinister shadow government organisation Spectre – in Ian Fleming’s novels) is up to his old tricks yet again in stirring up tensions and trouble to suit his own warped personal, political and financial agenda.
Few anticipated that the UK would vote to leave the UK. Even fewer expected that President Donald Trump would defeat Hillary Clinton in November’s US presidential election.
So unsurprisingly, members of the internationalist class of workers who populate urban centers like New York City and London – and who have the most to lose from nationalist economic and immigration policies - now perceive the US and Britain as less friendly to foreigners, not to mention less politically stable, according to a survey of 13,000 expatriates of 166 nationalities that was cited by Bloomberg.