Monday , 20 May 2019

Finance

More Footage Discovered From Bernie Sanders’ 1988 ‘Honeymoon’ In The USSR

Politico has viewed three-and-a-half hours of footage from Bernie and Jane Sanders’ 1988 ‘honeymoon’ to the Soviet Union, and judging by their description, it looks like the footage might make it difficult for Sanders to distance himself from his support for Communist regimes both the USSR and the Sandinistas in Nicaragua, where he also visited. In the footage, Sanders, often ... Read More »

Angry Erdogan Defies Trump: May Accelerate S-400 Delivery, Slams Western Meddling In Turkish Economy

Following several weeks of speculation (including what in retrospect was fake news from Bloomberg that “Turkey Weighs New U.S. Call to Delay Buying Russian Missiles”), in a televised speech in Istanbul late on Saturday, Bloomberg reported that Turkey’s executive president Erdogan invited yet another sharp gap down in the lira when trading resumes in a few hours, after he not ... Read More »

“One Heck Of A Reality Television Fight”

Authored by MN Gordon via EconomicPrism.com, The world’s a better and brighter place when your portfolio’s growing like spore bearing mushroom fungus.  Horizons are expanded.  Perceptions are broadened.  And the secrets of the universe are all within reach. Life takes on new meaning when you’re getting financially loaded.  The decade long bull market in U.S. stocks has brought clarity, purpose, ... Read More »

China State Run Media Broadcasts Anti-American Movies To Millions Amid Deepening Trade War 

With the trade war between the US and China suddenly erupting after a 5-month ceasefire, CCTV 6, the movie channel of China’s leading state television broadcaster, aired three anti-American movies last week, reported What’s On Weibo. The three movies are Korean war films: Heroic Sons and Daughters (1964), Battle on Shangganling Mountain (1954), and Surprise Attack (1960), which aired about ... Read More »

The Bulls Are Betting On A “Long Shot”

Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last several weeks, we have been discussing the potential for a market correction simply due to divergences in the technical indicators which suggested near-term market risk outweighed the reward. Then, the White House reignited the “trade war” with China. To wit: “The “Trade War” is not a good thing for markets or the economy as ... Read More »

Trump Admin Backs Off Plan To Dump Illegals In Florida – What About San Diego?

Following immense backlash from state lawmakers, the Trump administration is backing off a plan to send thousands of migrants to South Florida.  A Customs and Border Protection (CBP) official speaking on condition of anonymity told NPR late Friday that the agency is not “transporting any family units to Florida at this time,” after initial reports that around 1,000 migrants per month would be ... Read More »

Second Bomb Attack In Months Targets Tourists Near Egypt’s Pyramids

On Sunday a terror attack targeted a bus full of tourists near the Giza Pyramids outside the Egyptian capital of Cairo, officials said. The blast wounded at least 16 people, with no initial reports that anyone died in the explosion. Egyptian authorities described the attack as due to a roadside bomb placed in a heavily trafficked area packed with tourists, thus ... Read More »

US Alerts Airliners To “Misidentification” Risk If They Fly Over Persian Gulf

The United States has issued a formal warning to commercial airliners operating over the broader Gulf region of the risk of being “misidentified” as heightened US-Iran tensions and American warships are positioned in the Persian Gulf.  Embassies in the region reportedly relayed the message issued from the Federal Aviation Administration (FAA) highlighting the risk of travel in and over the region ... Read More »

Republican Congressman Justin Amash Says Trump Should Be Impeached

Despite supporting President Trump’s legislative agenda roughly two-thirds of the time (though he recently made a show of opposing the president’s border-emergency order), Michigan Rep. Justin Amash tweeted Saturday that he believes the president should be impeached, a position that will undoubtedly alienate him from his Republican peers, becoming the first elected Republican to endorse that position. Not only did ... Read More »

Watch Air Taxi Aimed At Revolutionizing City Travel Lift Off For First Time

German air taxi startup Lilium revealed the world’s first all-electric jet-powered five-seater air taxi for the first time. The unveiling of the aircraft came as it completed its maiden flight earlier this month, read a Lilium press release. The jet, powered by 36 all-electric engines, will be able take-off and land like a helicopter while achieving horizontal flight like a ... Read More »