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EU / Russian Thaw Hits A Media Iceberg

Submitted by Tom Luego via PlanetFreeWeil.com,

The EU Parliament has approved a Polish MP’s bill to counter Russian news sources’ “propaganda.”  Among those listed are RT and Sputnik news agency.  This is yet another example of push-back from Western elites over the loss of the U.S. presidency and potential thawing of Russian / European relations under a Trump administration.

The vote passed with less than a majority of the EU Parliament’s 691 members, thanks to 208 abstentions.  The bill garnered only 304 votes.

Relentless Dollar Surge Continues: Asian Currencies Plunge To 7 Year Lows, Hitting Emerging Markets

Relentless Dollar Surge Continues: Asian Currencies Plunge To 7 Year Lows, Hitting Emerging Markets

While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009.

Louis Cammarosano: Interconnectedness of Silver Eagles and India’s War on Cash

Louis Cammarosano: Interconnectedness of Silver Eagles and India’s War on Cash

 

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Louis Cammarosano: Interconnectedness of Silver Eagles and India’s War on Cash

Posted with permission and written by Rory Hall, The Daily Coin (CLICK HERE FOR ORIGINAL)

 

 

 

 

Peak Autos? - Increasing Light Vehicle Useful Life Is Disastrous For Auto OEMs

IHS Markit today released their annual study on the average age of light vehicles registered in the U.S..  As expected, the average fleet age continues to tick up and currently stands at 11.6 years.  While this may be great news for consumers, higher quality and longer useful lives can have a detrimental impact on annual auto sales.

“Quality of new vehicles continues to be a key driver of the rising average vehicle age over time,” Mark Seng, global automotive aftermarket practice director at IHS Markit, said in a statement.

 

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