You are here

United States

Groundhog Day Trading: Stocks Slide As Oil Plunge Returns; BP Suffers Biggest Loss On Record

Groundhog Day Trading: Stocks Slide As Oil Plunge Returns; BP Suffers Biggest Loss On Record

It certainly does feel like groundhog day today because while last week's near record oil surge is long forgotten, and one can debate the impact the result of last night's Iowa primary which saw Trump disappoint to an ascendant Ted Cruz while Hillary and Bernie were practically tied, one thing is certain: today's continued decline in crude, which has seen Brent and WTI both tumble by over 3% has once again pushed global stocks and US equity futures lower, offsetting the euphoria from last night's earnings beat by Google which made Alphabet the largest company in th

US Seeks "Maritime Hegemony", Is Acting "Irresponsibly" In South China Sea, Beijing Warns

US Seeks "Maritime Hegemony", Is Acting "Irresponsibly" In South China Sea, Beijing Warns

It’s now been nearly a year since the world woke up to what Beijing was doing in the South China Sea.

Early in 2015, satellite images seemed to show that China had embarked on a rather ambitious land reclamation effort in the Spratlys a disputed island chain claimed by Brunei, Malaysia, the Philippines, and Taiwan.

As the months wore on it became readily apparent that this was no small project. Ultimately, China would build 3,000 acres of new sovereign territory atop reefs in the area much to the chagrin of Washington’s regional allies.

Ron Paul: American War On ISIS Will Lead To Martial Law

Ron Paul has warned Americans that Congress’ authorisation for a “war against ISIS” is going to lead to perpetual US wars around the globe, and lead to martial law being declared in the United States against its own citizens.  Ron Paul says that Senator Mitch McConnell’s authorization for war allows the President to put troops anywhere in the world where the Pentagon believe ISIS to operate, which means a potential scenario involving military troops on U.S. streets. Townhall.com reports: The President does not have to deploy the U.S.

Total U.S. Debt Surpasses $19 Trillion; Rises $8.4 Trillion Under President Obama

Total U.S. Debt Surpasses $19 Trillion; Rises $8.4 Trillion Under President Obama

Two months ago, when we calculated that the US would need a new "debt ceiling" of $19.6 trillion to last until after Obama's tenure, we may have been too optimistic: since the increase in the hard debt limit of $18.15 trillion which was raised at the end of October, the US appears to be growing its debt at a far faster pace than we had originally expected, and according to the latest public debt data, as of the last day of January, total US debt just hit 19,012,827,698,417.93.

Pages