United States

One year after this website demonstrated that Turkey was cooperating with the Islamic State, in the very least trading cash in exchange for crude oil sold to various Turkish outposts (a trade which was subsequently ended by the Russian air force), Turkey has flipped the tables and on Tuesday Turkish President Recep Tayyip Erdogan said he has uncovered evidence that US-led coalition forces have helped support terrorists in Syria - including Isis.

Submitted by Joseph Jankowski via PlanetFreeWill.com,

The largest police union inside the United States is demanding that Amazon.com pull Black Lives Matter shirts from its inventory because the apparel is “offensive.”

Submitted by Michael Shedlock via MishTalk.com,

Donald Trump wants to lower the corporate tax rate on foreign profits from 35% to 10%.

Would another tax holiday create jobs?

The New York Times says “Not Necessarily”

President-elect Donald J. Trump has said he would like to create a “tax holiday” so that American companies can bring back profit that was generated overseas at a lower rate. In his view, this influx of cash will create jobs.

 

First, it was China which lodged a protest against the US defense bill, which was signed by Barack Obama late on Friday and which, among other things, contained a provision to establish as US "ministry of truth" and media propaganda. On Sunday, China lodged "stern representations" with the United States after Obama signed the NDAA into law which suggests a plan to conduct high-level military exchanges with self-ruled Taiwan. Part of the $618.7 billion National Defense Authorization Act "expresses the sense of Congress that (the U.S.

Most world markets have reopened following the holiday weekend, but trading volumes remain significantly muted. Asian and European shares advance modestly amid low volumes with U.K. and Ireland closed; S&P futures are little changed while the dollar rose and oil extended its longest winning streak in four months.