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Indian IT Firms May Fund U.S. Trade Schools To Replace H-1B Workers

Indian IT Firms May Fund U.S. Trade Schools To Replace H-1B Workers

Back in March 2016, Trump trashed the current H-1B visa system, saying "The H-1B program is neither high-skilled nor immigration; these are temporary foreign workers, imported from abroad, for the explicit purpose of substituting for American workers at lower pay."

 

The Beginning Of The End Of Calm Bond Markets

The Beginning Of The End Of Calm Bond Markets

Via Kevin Muir of The Macro Tourist blog,

Although the market is convinced the Federal Reserve will get aggressive with their rate hikes, I am not sure market participants have thought this through. Let’s not forget the Federal Reserve is sitting on the largest balance sheet in history.

This portfolio is the result of years of Quantitative Easing. It was made riskier with the Fed’s “Operation Twist” that extended the duration of their balance sheet by buying long dated securities while selling shorter ones.

US Brace For Full Military Strike Against North Korea

US Brace For Full Military Strike Against North Korea

The U.S. military are preparing for a full military strike against North Korea in a move designed to wipe out Kim Jong-un’s full nuclear arsenal.  The announcement comes after North Korea threatened to strike US bases in Japan, firing three of its four missiles dangerously close to the U.S. ally. President Trump has warned that Pyongyang will suffer “very dire consequences” for its actions as a result, according to a White House statement.

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