United States

Russia poses the biggest military threat to America, according to The Secretary of the US Air Force, Deborah James.  The Air Force boss told Reuters at the annual Reagan National Defense Forum on Saturday that Russia’s nuclear capabilities pose a very real threat to the United States. “Russia is the No. 1 threat to the United States. We have a number of threats that we’re dealing with, but Russia could be, because of the nuclear aspect, an existential threat to the United States,” Deborah James said on Saturday.

Remember when auditors were, by their very definition, supposed to be the embodiment of credibility, trustworthiness and moral fiber? The Brazilian arm of Big Four auditing giant, Deloitte, forgot these  simple prerequisites and as a result the US auditing watchdog fined the firm a record $8 million for what amounts to massive fraud: falsifying audit reports, altering documents and providing false testimony during an investigation that unearthed what it described as its “most serious” finding of misconduct.

Submitted by Alex Christoforou of The Duran

This is becoming a familiar pattern. Every time Lavrov and Kerry appear to be making some sort of progress on ending hostilities in Syria, an unwarranted, and oddly timed attack on forces sided with the Syrian government occur.

On September 9th, Russian Foreign Minister Sergey Lavrov and US Secretary John Kerry agreed to a cessation of hostilities in Syria, amid an ultimatum for the US to finally separate the “moderate rebels” from the Al Qaeda-Al Nusra jihadi fighters.

Submitted by Howard Kunstler via Kunstler.com,

As BofA's rates strategist Ralf Preusser writes in a note this morning, "not even a month since the US election and markets seem unrecognizable" adding that the Trump election represented a paradigm shift. Fiscal easing would take over from monetary easing and would allow for the dollar and rates to rise in unison, a trend not seen for a while.