DEMS FAST TRACK INDIAN GREEN CARDS over President Trump Demands Cut to India’s Tariffs, but Democrats Offer Extra Green Cards to Indian Business

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President Donald Trump is pressuring India to lower its tariffs against U.S. companies, but House Democrats and Republicans are offering to open the U.S. labor market to even more Indian college graduates. The economic contradiction was highlighted Tuesday when Trump tweeted his frustration at India’s policy of putting tariffs on American-made goods and services: At … Read more

A New Incident In The Persian Gulf Has Once Again Brought Us To The Brink Of War With Iran

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by Michael Snyder On Wednesday, five Iranian gunboats attempted to seize a British oil tanker as it was traveling through the Persian Gulf.  As you will see below, this was apparently done in retaliation for an incident which happened in Gibraltar less than a week earlier.  British Royal Marines captured a tanker that was reportedly … Read more

India’s Vehicle Sales Plunge amid Shadow-Bank Debt Crisis & Contagion Fears

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Shadow banks provided 40% of new loans for vehicle purchases. Car sales in India, the fifth-largest auto market in the world, plunged 24% in June, compared to June last year, after they’d already plunged 26% in May, the Society of Indian Automobile Manufacturers reported. Year-over-year declines have been dragging on for … Read more

Europe’s economy this summer/fall

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via @RaoulGMI: There is a lot going on in Europe that feels like it’s coming to a head soon… probably by the end of the summer. The EU economy is in mild recession… But it is unlikely to deteriorate further for a month or two until the CESI up-cycle finishes around the end of the summer … Read more

Gold Is For Freedom And Benefit

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by Egon von Greyerz Lemmings have a herd mentality. But following the crowd, can have grave consequences like falling off a cliff and drowning in the ocean. Many investors have the same instinct. They follow the crowd and buy or sell when other people do. This probably won’t end in the same disaster as the … Read more

Here’s How Much the Top CEOs of S&P 500 Companies Get Paid

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by visualcapitalist How much do the CEOs from some of the world’s most important companies get paid, and do these top CEOs deliver commensurate returns to shareholders? Today’s infographic comes to us from HowMuch.net and it visualizes data on S&P 500 companies to see if there is any relationship between CEO pay and stock performance. For Richer or … Read more

Bearish Case For $EA

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by enronCoin After the big dip in 2018, $EA has been a solid stock to long this year. It opened the year around $77 and touched $108. BUT $EA employees and investors got shitfaced on the 4th of July and anyone holding calls got cucked. I had a small position in puts that could have … Read more

5 armed Iran’s Islamic Revolutionary Guard Corps [IRGC] boats in the Persian Gulf Wednesday unsuccessfully tried to seize a British Oil Tanker

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#BREAKING: Today five armed IRGC vessels in the Persian Gulf unsuccessfully attempted to seize a British oil tanker according to two US officials with direct knowledge of the incident-CNN via @HamdiAlkhshali — ELINT News (@ELINTNews) July 10, 2019 BREAKING: Five armed #Iran's Islamic Revolutionary Guard Corps [#IRGC] boats in the #Persian Gulf Wednesday unsuccessfully tried … Read more

US judge ruling debunks Mueller report for claiming false ties

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https://www.youtube.com/watch?v=Ba8C70ilAjc A US federal judge has told the Justice Department it must stop alleging that a Russian firm accused of election interference was funded by the Kremlin – or face ‘a range of potential sanctions’. The rebuttal comes in response to unsubstantiated claims from the Attorney General, William Barr.