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European Stocks Fall To 3 Month Lows On "Carmaker Cartel" Fears, Sliding PMIs; US Futures Lower

European Stocks Fall To 3 Month Lows On "Carmaker Cartel" Fears, Sliding PMIs; US Futures Lower

In a mixed session, which has seen Asian stocks ex-Japan broadly higher, the European Stoxx 600 index dropped as much as 0.6% after data Markit PMI data signalled euro-area economy grew in July at its slowest pace in six months while carmakers extended declines on continued concern about antitrust collusion in the industry.  Germany’s DAX Index was hardest-hit euro-area benchmark, down as much as 0.8%. Autos continued to be the worst-performing sector on the Stoxx Europe 600 after EU and German regulators said they are studying possible collusion among German automakers.

Does The New York Times Want America In Iraq For One Hundred Years?

Does The New York Times Want America In Iraq For One Hundred Years?

Authored by Curt Mills via NationalInterest.org,

The headline of the New York Times piece was breathless: “Iran Dominates in Iraq After U.S. Handed the Country Over.” The content was only slightly less so:

“But after the United States’ abrupt withdrawal of troops in 2011, American constancy is still in question here - a broad failure of American foreign policy, with responsibility shared across three administrations.”

A Coup In The House Of Saud?

A Coup In The House Of Saud?

Authored by Pepe Escobar via The Asia Times,

The secret is out: the ascension of Mohammad bin Salman, displacing CIA favorite Mohammad bin Nayef as Crown Prince, was in fact a white coup...

What has been an open secret across the Arab world is not a secret anymore even in the US: What happened last month in the deep recesses of the House of Saud with the ascension of Crown Prince Mohammad bin Salman, aka MBS, was in fact a white coup.

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