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Finance


18 hours ago (via zerohedge.com)
Lately, not a day seems to pass without news of NATO jets being scrambled to intercept/reroute a Russian warplane or reconnaisance jet. As a result, David Cenciotti's The Aviationist blog has compiled the recent history of all the "close encounters" between Russian and NATO warplanes since 2013. In a 69-page e-book he has summarized "all the most significant close encounters" to show "how routine

18 hours ago (via zerohedge.com)
To let the media tell it, ISIS has launched a successful “offensive” of late, taking control of Palmyra, a Syrian city that’s home to ‘treasures of antiquity’, as well as Ramadi, which gives the group control of  “strategic highway linking Iraq and Syria.” ISIS has also claimed responsibility for a mosque bombing that claimed the lives of 21 Saudis on Friday. As the US move

18 hours ago (via zerohedge.com)
Submitted by Saxobank's Steen Jakobsen via TradingFloor.com,Steen Jakobsen's first major trading strategy change since 2013...And here's why...Significant changes to our JABA model's long-term outlookInopportune rise in gold and energy prices expectedCommodities will outperform and yields will add another 100 bpsEurope will suffer downturn and the US will flirt with recession in 20

18 hours ago (via zerohedge.com)
Late last month we highlighted an IB Times report which showed that Goldman Sachs paid Bill Clinton some $200,000 for a speech ahead of an effort to lobby The State Department (then led by Hillary Clinton) on Export-Import Bank legislation tied to a $75 million purchase order from a Chinese company to a Goldman-owned aircraft manufacturer. The idea that the paid speech and the authorization o

18 hours ago (via zerohedge.com)
 But tell me, who wants to be surrounded by garbage?--Imelda Marcos  .    . .

18 hours ago (via zerohedge.com)
While an extension of the Patriot Act, that landmark bill which ushered in the America's Big Brother, "turnkey totalitarian state" (previewed here long before Edward Snowden's shocking revelations), is just a matter of time, supporters of the Fourth Amendment scored a brief victory last night when following yet another marathon 10 hour filibuster...Will be seeing everyone overnight it seems. My fi

18 hours ago (via zerohedge.com)
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,The present Chinese leadership appears to be trying to gain (regain?) more -if not full- control over the country’s economic system, while at the same time (re-)boosting the growth it has lost in recent years.President Xi Jinping, prime minister Li Keqiang and all of their subservient leaders – there are 1000′s of those

18 hours ago (via zerohedge.com)
The first rule of “Project Bookend” is that you don’t talk about “Project Bookend.”In retrospect, maybe the first rule should have been “you don’t accidentally e-mail ‘Project Bookend’ to a news agency”, because as the Guardian reports, one of its editors opened his inbox and was surprised to find a message from the BOE’s Head of Press Jeremy Harrison outlining the UK financi

18 hours ago (via zerohedge.com)
On Thursday, we chronicled recent events in Syria including the fall of Palmyra to ISIS which has promptly led the mainstream media to decry the possibility that another ‘treasure of antiquity’ is set to be lost to barbarous black flag-flying militants. We also noted that the group’s latest “offensive” in Iraq, which supposedly culminated with the capture of Ramadi and control of a “st

1 day ago (via zerohedge.com)
Submitted by Tim Price via The Cobden Centre,“We’re not gonna make it, are we ? People, I mean.” “It is in your nature to destroy yourselves.” “Yeah. Major drag, huh ?” From James Cameron’s ‘Terminator 2: Judgment Day’.Here is a thought experiment. It is January 2000. The last wild Pyrenean ibex has been found dead, squashe




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