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China Commodity Carnage Continued Overnight As Brexit Fears & Bitcoin Cheers Dominate

China Commodity Carnage Continued Overnight As Brexit Fears & Bitcoin Cheers Dominate

Once again weakness in the US carried through to Asia with stocks unable to hold any National-Team-inspired gains, but it was the contagion to commodities that was most notable (as a hike in exchange fees snuffed out a lot of speculative fervor)

  • European equities have followed suit from their Asia-Pac counterparts to trade higher across the board
  • Markets await Brexit headlines amid Barnier deadline
  • Looking ahead, highlights include US weekly jobs and potential comments from ECB’s Draghi.

ASIA

Abbas: US Can No Longer Mediate Israel-Palestinian Talks

Abbas: US Can No Longer Mediate Israel-Palestinian Talks

Authored by Jason Ditz via AntiWar.com,

With the US so heavily committed to supporting Israel, and protecting them from any UN resolutions, it’s always been difficult for the Palestinian leadership to trust the US to be an impartial moderator for peace efforts. Palestinian President Mahmoud Abbas says Wednesday’s move by President Trump to recognize Jerusalem as Israel’s capital has effectively ended that entirely.

Why Is An Appendectomy In The US 10 Times More Expensive Than An Appendectomy In Mexico?

Why Is An Appendectomy In The US 10 Times More Expensive Than An Appendectomy In Mexico?

Authored by Michael Snyder via The Economic Collapse blog,

This is what can happen when you go to a socialized healthcare system. 

A lot of people out there believe that the United States has a free market healthcare system, but that is actually not true.  The percentage of the population that receives government-subsidized healthcare is rapidly approaching 50 percent, and the healthcare industry may be the most heavily regulated sector of the entire U.S. economy. 

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