Submitted by Dan Wright via TheAntiMedia.org,
On New Year’s Eve, the State Department released 3,000 new Hillary Clinton emails from her tenure as secretary of state. While much of the corporate media dove into investigating pointless gossip, Brad Hoff at the Levant Report decided to look for more clues into understanding the epic failure that was the 2011 war on Libya by the US and NATO.
The December import price index report from the BLS showed a modest deterioration at the headline level: declining by 1.20% this was fractionally better than the expected decline of -1.40% however a notable drop from last month's -0.50%. While most of the December decrease was attributable to falling fuel prices, nonfuel prices continued to trend down as well, with Import prices ex-fuels dropping 0.3% (after falling 0.2% in Nov), suggesting the rest of the world continues to export substantial deflation to the US.
Al Jazeera cable news outlet is to shut down its operations in the US. After less than three years in operation, Al Jazeera America will terminate its news and digital operations in April The Qatari owned Al Jazeera had to overcome established media bias and defend anti-Semitic and anti-Western accusations from day one of its operations in the US. The cable and satellite news television channel eventually ran into operational problems and had to succumb to a lack of ratings and advertisers.
It has been another choppy, illiquid, volatile overnight session, which started with weakness out of China, whose Shanghai Composite dropped 20% into another bear market in early trading, then further slammed by news of a terrorist attack in Jakarta, only to rebound back over 3000 as the Chinese National Team decided to intrevene again, this time in the ChiNext small cap index, pushing it higher by 5.6%.