The US Economy Is Failing — Paul Craig Roberts
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The US Economy Is Failing
Paul Craig Roberts
Do the Wall Street Journal’s editorial page editors read their own newspaper?
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Kevin Warsh Fed Chair Odds Soar After WSJ Report Of Trump Meeting
Kevin Warsh's PredictIt odds to be the next Fed chair soared moments ago after the WSJ reported that President Trump and Treasury Secretary Steven Mnuchin met with the former Fed governor on Thursday to discuss his potential nomination as the next Federal Reserve chairman, "a White House official said, signaling that the West Wing is moving ahead with a process that the president has said he would like to have completed by the end of the year."
In immediate reaction, Warsh's odds jumped by 10% to 45% while Janet Yellen's tumbled by 8 to 24%.
US Orders 60% Of Havana Embassy Staff To Leave After Wave Of Mysterious 'Sonic Attacks'
Senior U.S. officials have told the Associated Press that the U.S. is pulling roughly 60% of its staff out of Cuba and warning American travelers not to visit due to "specific attacks" that have harmed U.S. diplomats - namely the unspecified sonic attacks that have caused injuries ranging from mild to severe in more than 20 diplomats who formerly worked at the embassy. The officials say the US is ordering all nonessential staff in the embassy in Havana to leave, along with all family members. Only "emergency personnel" will remain.
"Tit-For-Tat": Russia Accuses CNN Of "Violating Russian Media Law"
The "Russian collusion" crusade took a bizarre turn yesterday when Twitter, apparently in the absence of any tangible evidence that Kremlin spies exploited the social media service to undermine the 2016 election, decided to publicly disclose the exact amount of advertising revenue it received from Russia Today during 2016. It's unclear what that disclosure was intended to accomplish since even Twitter says the ads were directed at "followers of mainstream media and primarily promoted RT Tweets regarding news stories" which hardly seems like an attempt to stage a coup.
Dollar Ends Best Week Of The Year With A Whimper As Global Stocks Push All Time Highs
The dollar rally paused on Friday and looked poised to finish its best weekly gain of the year with a whimper, when in a repeat of the Thursday session the, Bloomberg dollar index first rose more than 0.1% during Asia hours before slumping around the European open as month and quarter-end flows came into play again.