Global Intelligence
By Saxo Bank’s Steen Jakobsen Surely not this old chestnut – again? ‘Interest on debt grows without rain’ – Yiddish proverb This proverb explains most of what goes on in policy circles these days. We are now watching Extend-and-Pretend, Episode VI: Promises for improvement amid ever growing debt levels. In brief, we’re still working with […]
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London (AFP) – The British inventor of the World Wide Web warned on Saturday that the freedom of the internet is under threat by governments and corporations interested in controlling the web. Tim Berners-Lee, a computer scientist who invented the web 25 years ago, called for a bill of rights that would guarantee the independence […]
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Last week, President Obama announced an ambitious — and expensive — plan that effectively placed the U.S. military at the forefront of the global fight against the worst Ebola outbreak in history. In an effort that could cost as much as $750 million in the next six months, he assigned up to 3,000 military personnel to West Africa to “combat and […]
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A mostly obscure, privacy-orientated social network – an ‘anti-Facebook’ of sorts – has recently undergone meteoric growth. It poses itself as an advert-free enterprise which is not going to become a tool to manipulate its users. ‘Anti-facebook’ network Ello kicked off in July as an invite-only social network seeking to have an advert-free user-orientated role […]
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In a dramatic stroke of luck for the Kremlin, this morning there is hardly a person in the world who is happier than Russian president Vladimir Putin because overnight state-run run OAO Rosneft announced it has discovered what may be a treasure trove of black oil, one which could boost Russia’s coffers by hundreds of […]
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The Russian Duma has passed the final reading of a law forbidding holders of foreign passports from controlling or owning more than 20 percent of any media outlet. The law, proposed just ten days ago, will extensively affect Russia’s publishing sector. “The freedom of the press is guaranteed by our Constitution, and won’t be affected,” […]
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It appears Vladimir Putin is willing to hit’em while they’re down. Early European equity weakness (and safe-haven flows) on asset-freeze threats have accelerated as Bloomberg reports, Russian energy minister Alexander Novak threatens gas supply disruptions if the EU continues to re-export Russian gas to Ukraine. 3Y German bond yields have plunged to -4.1bps, a record […]
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Submitted by Mike Krieger of Liberty Blitzkrieg blog, In an apparent attempt to advise investors on how they can take advantage of America’s transformation into a neo-feudal oligarchy in a 50-page research report, Morgan Stanley has put together some very interesting charts.. We will be sharing many of them in the next few days but […]
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The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion schemes much less lucrative with the new rules announced by the US Treasury to crack down on the practice. The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion […]
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KANSAS CITY, Mo. — A sprawling new plant here in a former soybean field makes the mechanical guts of America’s atomic warheads. Bigger than the Pentagon, full of futuristic gear and thousands of workers, the plant, dedicated last month, modernizes the aging weapons that the United States can fire from missiles, bombers and submarines. It […]
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