United States

U.S. border guards may soon be granted powers to question, search and detain Canadian citizens on their own soil, under a new bill proposed in Canada. Controversial bill C-23, introduced by the liberal government, is expected to pass through parliament. The new law will see the erosion of rights given to Canadian permanent residents by allowing U.S. authorities to strip away their ability to enter the country. Cbc.ca reports: The bill would enshrine in law a reciprocal agreement for customs and immigration pre-clearance signed by the governments of Stephen Harper and Barack Obama in 2015.

“And some things that should not have been forgotten, were lost” - The Lord of the Rings

Following reports that US immigration officials had launched countrywide raids and arrested hundreds of illegal aliens across the nation as a result of Donald Trump's recent immigration executive order, this morning the President weighed in on Twitter, stating that "the crackdown on illegal criminals is merely the keeping of my campaign promise. Gang members, drug dealers & others are being removed!"

By Chris at www.CapitalistExploits.at

Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.

Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.

Police in Los Angeles arrested 150 child sex offenders over the last week, U.S. Immigration and Customs Enforcement officials have reported. The arrests were part of a raid targeting 160 people who were believed to be “criminal aliens, illegal and re-entrants and immigration fugitives.” According to authorities, 150 of those arrested had criminal histories, including convictions for previous child sex crimes. CBS Los Angeles reports: The arrestees – which were 95 percent male – included nationals from a dozen countries, according to ICE.