The US has slammed comments by Syrian President Bashar al-Assad in which he vowed to regain control of Syria. A spokesman for the US state department said there was no military solution to the years-long conflict in Syria after Assad said he planned to liberate the entire country from the the control of terrorists.
With Q4 earnings season drawing to a close, here is a quick recap of the key issues facing corporate CEOs and CFOs based on their conference calls as summarized by Goldman's David Kostin: 1) Company managements forecast positive US GDP growth in 2016, in contrast with investor concerns of a potential recession. However, global growth prospects appear grim, particularly within commodity-exposed nations. (2) Strong domestic consumer demand persists amid industrial weakness. (3) Several firms announced large or accelerated share repurchase programs in 2016.
The Director of the US National Intelligence Agency has warned that ISIS are preparing to launch a chemical weapon attack against the United States. Speaking at a global security conference in Munich, James Clapper warned that the terror group are in possession of chemical weapons, and have already used them numerous times in both Iraq and Syria.
Authored by Paul Craig Roberts,
When one looks at the deplorable state of the world, one cannot help but wonder at the insouciance of the American people. Where are they? Do they exist or are they a myth? Have they been put to sleep by an evil demon? Are they so lost in The Matrix that they cannot get out?
Submitted by Dalan McEndree via OilPrice.com,