United States

Nuclear Regulatory Commission (NRC) Kristine Svinicki responded to questions raised by Senator John Barrasso (R-WY) regarding a key aspect of the Uranium One deal, agreeing that the Obama Administration had not "fully depicted" the complexity of the transaction which ultimately gave the Kremlin control over 20% of US uranium. 

“I would note that, as your letter makes clear, the responses you have received have not fully depicted the complexity of this issue” -Kristine Svinicki, NRC Chair

Authored by Simon Black via SovereignMan.com,

In a move almost destined to prove that laws and policies have absolutely zero meaning, the European Union released a list of “tax havens” last week… with a massive, giant, highly conspicuous omission.

The blacklist contains the names of the usual suspects– Panama, United Arab Emirates, etc., along with a few additions like Mongolia and Marshall Islands.

For all the rhetoric about above-trend US growth, one month ago UBS shattered the narrative of surging GDP by showing just one chart, which revealed that excluding contributions from energy investment, which are about to hit a brick wall now that the price of oil has peaked and is reverting lower once again, US growth for the past 2 years has been slowing.

True to its perpetually optimistic form, OPEC, which last month for the first time conceded the threat posed by rising US shale production...

... sharply raised its demand forecast for cartel oil in 2018, ahead of the OPEC meeting at the end of November.

After an early slide last night following the stunning news that Doug Jones had defeated Republican Roy Moore in the Alabama special election, becoming the first Democratic senator from Alabama in a quarter century and reducing the GOP's Senate majority to the absolute minimum 51-49, US equity futures have quickly rebounded and are once again in the green with the S&P index set for another record high, as European stocks ease slightly, and Asian stocks gain ahead of today's Fed rate hike and US CPI print.