Authored by Darius Shatahmasebi via TheAntiMedia.org,
A new study conducted by members of the U.S. military establishment has concluded that the U.S.-led international global order established after World War II is “fraying” and may even be “collapsing” as the U.S. continues to lose its position of “primacy” in world affairs.
The Supreme Court has granted the Trump administration's request to more strictly enforce its ban on refugees, at least until a federal appeals court weighs in, however the justices are leaving in place a lower court order that allows entry by some people with family members already in the country, the AP reports. The 6-3 order by the justices who last month let the president start restricting entry by people from six mostly Muslim countries, means the government must accept people with grandparents, cousins and other relatives in the U.S.
Authored by Komal Sri-Kumar via Bloomberg.com,
Donald Trump’s appeal last November was linked to two factors. Both are now putting the valuation bubble in equities at risk.
One week after we channeled Deutsche Bank's Torsten Slok, who two years ago warned that "Canada is in serious trouble", a warning which was especially resonant after last week's rate hike by the Bank of Canada - the first since 2010 - which we argued threatens to burst Canada's gargantuan housing bubble...
... resulting in dramatic negative consequences for Canada's construction-heavy economy...