In what some might call a 'win' for President Trump, Canadian immigration officials warn they are experiencing a "big surge [of refugees] coming across the border" with many of them proclaiming their distrust and fear of President Trump.
Sherali and Sarah Shah took in three asylum seekers who had been trying to get into Canada through the Emerson, Man., border Tuesday.
Top White House aide and policy adviser, Stephen Miller, sidestepped repeated chances during Sunday news shows to publicly defend embattled National Security Adviser Michael Flynn following reports that he engaged in conversations with Russian diplomat(s) about U.S. sanctions before Trump’s inauguration. The uncertainty came as Trump was dealing with North Korea’s apparent first missile launch of the year and his presidency, along with visits this week from the leaders of Israel and Canada.
By the SRSrocco Report,
The carnage continues in the U.S. major oil industry as they sink further and further in the RED. The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures. The financial situation at ExxonMobil, Chevron and ConocoPhillips has become so dreadful, their total long-term debt surged 25% in just the past year.
With the December monthly TIC data due out this week, bond traders will be closely watching if the selling of US Treasuries by foreign accounts, and especially central banks, which as we have repeatedly shown for the past several months has hit record levels...
... will persist, with a focus on whether China's near record selling of US paper will persist.
However, this time the surprise may not be China, but its nemesis across the East China Sea, Japan.
Submitted by Steve Simpson via The Foundation for Economic Education,
After Donald Trump announced a number of cabinet picks who happen to be fans of Ayn Rand, a flurry of articles appeared claiming that Trump intended to create an Objectivist cabal within his administration.