'Unrest' Is The Only Growth Industry Left
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
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United States
60% Of US Metro Areas See More Businesses Close Than Open
Via The Economic Innovation Group,
It may come as a surprise that Americans are less likely to start a business, move to another region of the country, or switch jobs now than at any time in recent memory. But dynamism is in retreat nationwide and in nearly every measurable respect.
Trump Threatened To Send Troops To Mexico To Stop The "Bad Hombres"
According to a transcript obtained by AP of the phone call which took place on Friday morning between President Trump and his Mexican counterpart, Enrique Pena Nieto, and which was intended to patch things up between the new president and his Mexican peer a day after Pena Nieto called off his visit to the US, Trump threatened to send U.S. troops to stop "bad hombres down there" unless the Mexican military does more to control them itself.
Trump's Paradox: To Reach His Economic Targets, The President Would Need A "Dramatic Surge In Immigration"
In what could become an ideological paradox for Donald Trump, according to the ECRI, the president would have no choice but to allow a substantial number of immigrants into the US if he wishes to reach his goal of adding 25 million jobs over the next 8 years as his administration has promised.
House Kills Requirement For Energy Companies To Disclose Payments To Foreign Governments
In a victory for the US oil, gas and mining industry, which for years has appealed to the executive branch and courts to eliminate a rule which Exxon Mobil (whose former CEO was just confirmed as US Secretary of State), Chevron and other producers alleged put them at a disadvantage against foreign competitors, this afternoon the House approved a resolution killing an SEC requirement for US energy companies to disclose their payments to foreign governments, known as the "extraction rule."