United States

The US Vice President will be meeting with Israel’s Prime Minister Benjamin Netanyahu in Tel Aviv next week to discuss a new military deal. Joe Biden’s office announced his upcoming two-day trip on Wednesday, saying that he will also meet with the Israeli President Reuven Rivlin and the Palestinian President Mahmoud Abbas. Press TV reports: Moreover, the VP would pay a visit to the city of al-Quds (Jerusalem) and the West Bank city of Ramallah in the occupied lands, as part of a broader Middle East tour that includes stops in the United Arab Emirates and Jordan.

• Global stocks, oil dip, but markets calm down as growth fears ease (Reuters)
• Greece cannot carry migrant burden on its own: PM Tsipras (Reuters)
• New Migrant Crisis Flares in Greece (WSJ)
• Qatar's BeIn Media buys U.S. film studio Miramax (Reuters)
• Nanny who beheaded Russian girl cites revenge for Putin's Syria strikes (Reuters)
• Elliott Management’s wager on Argentinian government bonds has yielded $2.4 billion (WSJ)
• Tesla's Getting More Rivals as VW Scandal Clouds Diesel Outlook (BBG)

Donald Trump – Bad For Dollar, Good For Gold?

Donald Trump's emergence as the Republican frontrunner and possible future U.S. President is causing some gold and investment analysts to suggest diversifying into gold according to the Wall Street Journal.

Donald Trump - Gage Skidmore via Commons.wikimedia.org

From the WSJ:

The other winner from Super Tuesday could be gold.

While Asian stocks continued their longest rally since August overnight, led higher for the third consecutive day on the back of Japan (+1.3%), Australia (+1.2%) and China (+0.4%) strength, European stocks have as of this moment halted their longest rally since October (Stoxx -0.1%) and U.S. index futures are little changed.

If the literary establishment ever decides to invent a prize for a 20th-century author with the greatest output of work, a portly English gentleman by the name of Edgar Wallace would be a serious contender. In terms of sheer quantity, Wallace’s output was simply astounding: he wrote over 170 books that were translated into 30 languages; more films were made out of his books than any other writer in the 20th century; and, during his most successful publishing year in the 1920s, one out of every four books sold in England had his name in the title.