In what were perhaps the two biggest news stories of the past month, Hurricanes Irma and Harvey devastated the American south, disrupting local industry, destroying homes and critical infrastructure and dumping millions of gallons of raw sewage onto city streets - leading to the most destructive beginning to hurricane season in years.
Late on Friday, the Wall Street Journal reported that Julian Assange might be able to provide proof that there's no truth to the Russia collusion narrative - even as Facebook’s admission that it sold at least $100,000 worth of advertising to a Russian troll farm bent on bolstering support for President Donald Trump has purportedly revived the narrative in the eyes of Trump's political opponents.
Authored by Ryan McMaken via The Mises Institute,
In recent years, I've increasingly suspected that when it comes to foreign policy, the realists offer some of the most sane observations.
These suspicions were confirmed earlier this year when after the election of Donald Trump, John Mearsheimer, one of modern realism's current standard bearers, wrote in The National Interest that Trump should "adopt a realist foreign policy" and outlines a far better foreign policy agenda that what we've seen coming from Washington.
Authored by Sara Potter via FactSet,
Last week, I detailed the various factors leading up to the stock market crash of October 19, 1987. As we approach the 30-year anniversary of Black Monday, are there signs that the bull market of 2017 could end in the same way? Let’s compare the financial, economic, and political factors now and then to paint a better picture.
Two days after the WSJ confirmed Maduro's earlier threat that he would stop accepting US Dollars as payment for crude oil imports, Venezuela has done just that.
As a reminder, and as we reported previously, in an effort to circumvent U.S. sanctions, Venezuela told oil traders that it will no longer receive or send payments in dollars. As a result, oil traders who export Venezuelan crude or import oil products into the country have begun converting their invoices to euros.