Trump Gets Another Republican Challenger

Washington (AFP) – Former Republican governor Mark Sanford announced Sunday he is entering the race for his party’s presidential nomination, in a long-shot challenge to President Donald Trump. Sanford, who would be the third Republican to mount a primary bid against Trump, said he had decided to run because of the “astounding” debt and deficits … Read more

DMVs are Selling Personal Data to Private Investigators

Motor vehicle departments around the United States are taking drivers’ personal information and selling it to a range of businesses, including private investigators, generating millions of dollars in revenue, said a scathing new report. According to Motherboard, which obtained hundreds of pages of documents through public records requests, members of the public are likely not … Read more

More people traveling world than ever. But number coming to America is dropping

Travelers can’t get enough of globe-trotting. But have they had enough of the United States? According to the World Tourism Organization, a United Nations agency, the number of international tourist arrivals around the world reached 1.4 billion last year. That represented a 6% increase, and the organization forecast the number to grow by another 3 … Read more

U.S. Oil Market Suffering As The Trade War Escalates

By Robert Rapier The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump’s pattern of vacillating between threats and cease-fires on the topic. At the beginning of August, the markets were sent into a tailspin by President Trump’s threat to impose tariffs on another $300 billion of … Read more

Warren-Clinton team up

WASHINGTON — Elizabeth Warren’s team doesn’t want to talk about Hillary Clinton, but that doesn’t mean the 2020 presidential candidate isn’t talking with her party’s 2016 nominee. The two women have kept a line of communication open since the Massachusetts senator decided to run for president — though only a conversation around the time of Warren’s … Read more

China Unfazed By U.S. Blacklisting Its Nuclear Firms

By Haley Zaremba Last month the United States made the controversial decision to blacklist one of China’s most significant state-owned nuclear power companies. According to an announcement on the United States Federal Register, China General Nuclear Power Group (CGN) and three of its subsidiaries were placed on the U.S. Department of Commerce’s “entity list”, meaning … Read more

Guy loses CFA Charter because he lost 80% of his client’s money in less than a month!

by BagofBabbish Hussein Hamdy Shaalan Canada Permanent Revocation 01 May 2019 violation Effective 1 May 2019, CFA Institute imposed a Revocation of membership and of the right to use the CFA designation on Hussein Hamdy Shaalan (Montreal, Quebec), a lapsed charterholder member. A Hearing Panel found that Shaalan violated the CFA Institute Code of Ethics … Read more

US Military will now be part of fighting “Fake News” | And so it begins

https://www.youtube.com/watch?v=vFwG8qaJHVc Recently it has been reported that now the United States Military will work on plans to combat “Fake News” and build databases in order to track behavior of offenders for future action or PreCrime. Malicious actors will be tracked and face yet unknown consequences which might include court actions or jail time, given the … Read more

Contagion from Liquidity Crunch at Junk-Bond Funds to Trigger “Material Second Round Effects”: EU Securities Regulator

The costs of dodging negative interest rates. By Nick Corbishley, for WOLF STREET: In the event of a market shock, 40% of European funds focused on junk-rated bonds — ironically named “high-yield” funds — would not have enough liquid assets on hand to meet investor withdrawals, even if the withdrawals in one week amount to only 10% … Read more