United States

Donald Trump's controversial visit to the UK is on hold, according to the Guardian, which reports that the US president, leery of protests upon his arrival, spoke with Prime Minister Theresa May and told her "he didn’t want to proceed with a state visit to U.K. until he received more support for the trip." Trump reportedly told May that he did not want to come if there were "large-scale protests and his remarks in effect put the visit on hold for some time."

Authored by By Michael Hart and StockBoardAsset,

“If you do a worldwide survey of eclipse lore, the theme that constantly appears, with few exceptions, is it’s always a disruption of the established order,” said E. C. Krupp, director of the Griffith Observatory in Los Angeles, California. That’s true of both solar and lunar eclipses. 

 

Authored by Ilana Mercer via The Mises Institute,

Yes, it has happened. A mere 23 years after the 1994 transition, in South Africa, to raw ripe democracy, six years following the publication of a wide-ranging analysis of that catastrophe, Into the Cannibal's Pot: Lessons for America from Post-Apartheid South Africa, a Beltway libertarian think tank has convened to address the problem that is South Africa.

While many "conventional" indicators of US economic vibrancy and strength have lost their informational and predictive value over the past decade (GDP fluctuates erratically especially in Q1, employment is the lowest this century yet real wage growth is non-existent, inflation remains under the Fed's target despite its $4.5 trillion balance sheet and so on), one indicator has remained a stubbornly fail-safe marker of economic contraction: since the 1960, every time Commercial & Industrial loan balances have declined (or simply stopped growing), whether due to tighter loan supply or decl

One of the last acts of Obama's presidency was to "impose costs" on Russia over election-hacking allegations (so far unproven) by expelling 35 Russian diplomats and seizing two compounds in NY and MD. Putin initially warned of "proportional response" but then surprised many by "refusing to sink to 'kitchen' diplomacy." However, six months later, Reuters reports Russia may seize U.S. diplomatic property in Moscow.