United States

In an overnight session dominated by the latest political developments out of the US where Hillary Clinton officially claimed the democratic nomination, the financial newsflow focused on China's trade data, where exports fell 4.1% from a year earlier, in line with expectations, but imports dropped 0.4% from a year earlier, the smallest decline since they turned negative in November 2014, likely reflecting higher commodities prices but really driven by "imports" from Hong Kong which rose to $2.48b, the highest since at least 1999; and a 243% y/y surge in dollar term, also a historical high.

The number of international students attending US universities is rising, which is a welcome sight for administrators looking for ways to offset costs and stay profitable. What is not such a welcome sight however, is the amount of cheating that the international students are doing.

For the most recent academic year, 586,208 international undergraduate students attended US colleges and universities. More than 165,000 were from China, South Korea and Saudi Arabia contributed 50,000 and 23,500 respectively as well according to the WSJ.

US exports of goods and services may be decreasing, but one export that appears to be hanging in there is hazardous electronic waste.

According to a recent investigation conducted by the Seattle-based e-waste watchdog group Basel Action Network (BAN), much of the hazardous electronic waste discarded in America is not being recycled properly - and by not recycled properly he means dumped in a junkyard in southeast Asia.

UNSEALED: DOJ Confirms Holders of Securitized Loans Cannot Be Traced

Originally posted at https://mortgageflimflam.com
With additional edits by https://4closurefraud.org

In a filing unsealed on June 3, 2016, the Department of Justice (DOJ) confirms what many of us have known for years. Nobody, not even the U.S. Government, with massive resources, can determine who owns your loan and has the right to collect on your mortgage.

The military provocations between NATO and Russia reached a new post-cold war high yesterday when Poland became the host to the largest joint NATO war game in eastern Europe since the end of the cold war. The purpose of the massive drill, according to the Guardian, is for NATO "partner countries to mount a display of strength as a response to concerns about Russia’s assertiveness and actions." The 10-day military exercise dubbed Anaconda-2016, involves 31,000 troops and thousands of vehicles from 24 countries.