NATO urges calm after Turkey downs Russian jet … NATO and UN urge a de-escalation in tensions between Ankara and Moscow after Turkish planes shot down Russian jet. … NATO has called on Turkey and Russia to show restraint as tensions rise in the wake of the downing of a Russian jet near the Turkey-Syria border. The Russian warplane was shot down for violating Turkish airspace on Tuesday...Read More
Fed to hike at every meeting in 2017 … RBC chief economist Tom Porcelli forecasts … Markets are indicating about a 75 per cent chance of a US rate increase next month, the first in almost a decade. An interest rate increase by the United States Federal Reserve on December 16 is almost a "foregone conclusion" and the central bank looks set to lift rates at every second meeting...Read More
More than 30 "White Student Union" pages created on Facebook in last week … The creation of an "Illini White Student Union" Facebook page that surfaced Nov. 18 in response to a "Black Student Solidarity Rally" at the University of Illinois at Urbana-Champaign gained national attention, but apparently it's just the tip of the iceberg. Over the last week, at l...Read More
Fed to hike at every meeting in 2017 … RBC chief economist Tom Porcelli forecasts … Markets are indicating about a 75 per cent chance of a US rate increase next month, the first in almost a decade. An interest rate increase by the United States Federal Reserve on December 16 is almost a "foregone conclusion" and the central bank looks set to lift rates at every second meeting...Read More
More than 30 "White Student Union" pages created on Facebook in last week … The creation of an "Illini White Student Union" Facebook page that surfaced Nov. 18 in response to a "Black Student Solidarity Rally" at the University of Illinois at Urbana-Champaign gained national attention, but apparently it's just the tip of the iceberg. Over the last week, at l...Read More
The United States Has To Lead … Former Secretary of Defense Leon Panetta thinks the United States has not provided strong enough leadership in the battle to defeat ISIS. "I think the U.S. has to lead in this effort because what we've learned a long time ago is that if the United States does not lead, nobody else will," Panetta told Chuck Todd on NBC's "Meet the Press.&...Read More
Syrian refugees are not a threat to U.S. … The fact that one of the Paris terrorists was posing as a Syrian refugee has caused some to ask whether one of the lessons of the Paris attacks is either to end or to "pause" accepting Syrian refugees into the States. The U.S. House of Representatives overwhelmingly passed a bill Thursday to pause the relatively small number of Syrian refu...Read More
The United States Has To Lead … Former Secretary of Defense Leon Panetta thinks the United States has not provided strong enough leadership in the battle to defeat ISIS. "I think the U.S. has to lead in this effort because what we've learned a long time ago is that if the United States does not lead, nobody else will," Panetta told Chuck Todd on NBC's "Meet the Press.&...Read More
Syrian refugees are not a threat to U.S. … The fact that one of the Paris terrorists was posing as a Syrian refugee has caused some to ask whether one of the lessons of the Paris attacks is either to end or to "pause" accepting Syrian refugees into the States. The U.S. House of Representatives overwhelmingly passed a bill Thursday to pause the relatively small number of Syrian refu...Read More
Gold has traditionally had a "safe haven" role as a store of value during periods of market volatility, including those spurred by global events. But this role has been surpassed in the past year as investors focus, almost solely, on the timing of an interest rate rise by the U.S. Federal Reserve. Because gold doesn't pay interest and costs money to hold, it becomes less competitive...Read More
'Spider in web' mastermind of Paris attacks killed in raid … The suspected Islamic State mastermind of the Paris attacks was among those killed in a police raid north of the capital, France confirmed on Thursday, bringing an end to the hunt for Europe's most wanted man. Authorities said they had identified the mangled corpse of Belgian national Abdelhamid Abaaoud from fingerprint...Read More
Gold has traditionally had a "safe haven" role as a store of value during periods of market volatility, including those spurred by global events. But this role has been surpassed in the past year as investors focus, almost solely, on the timing of an interest rate rise by the U.S. Federal Reserve. Because gold doesn't pay interest and costs money to hold, it becomes less competitive...Read More
'Spider in web' mastermind of Paris attacks killed in raid … The suspected Islamic State mastermind of the Paris attacks was among those killed in a police raid north of the capital, France confirmed on Thursday, bringing an end to the hunt for Europe's most wanted man. Authorities said they had identified the mangled corpse of Belgian national Abdelhamid Abaaoud from fingerprint...Read More
Legendary investor Jim Rogers joins EM's Global Advisory Board … Iconic founder of the Quantum Fund to advise leading emerging markets focused financial and corporate communications agency. EM, the leading emerging markets focused financial PR and IR consultancy, is delighted to announce that world-renowned investor Jim Rogers has agreed to join its Global Advisory Board … Tom Blac...Read More
Legendary investor Jim Rogers joins EM's Global Advisory Board … Iconic founder of the Quantum Fund to advise leading emerging markets focused financial and corporate communications agency. EM, the leading emerging markets focused financial PR and IR consultancy, is delighted to announce that world-renowned investor Jim Rogers has agreed to join its Global Advisory Board … Tom Blac...Read More
French President François Hollande was quick to declare a state of emergency in the wake of Friday's bloody terror attacks in Paris. But what does the "etat d'urgence" mean for the country and its citizens as they go about their daily lives? The state of emergency measures are set out in a 1955 law and are designed to be used in "cases of imminent danger resulting fro...Read More
Saudi Wahhabi dilemma in spotlight after Paris attack … Saudi Arabia's harsh religious tradition is seen by many outsiders – and some Saudi liberals – as a root cause of the international jihadist threat that has inflamed the Middle East for years and struck in Paris last week. However, while Riyadh has cracked down hard on jihadists at home, jailing thousands, stopping hundr...Read More
French President François Hollande was quick to declare a state of emergency in the wake of Friday's bloody terror attacks in Paris. But what does the "etat d'urgence" mean for the country and its citizens as they go about their daily lives? The state of emergency measures are set out in a 1955 law and are designed to be used in "cases of imminent danger resulting fro...Read More
Saudi Wahhabi dilemma in spotlight after Paris attack … Saudi Arabia's harsh religious tradition is seen by many outsiders – and some Saudi liberals – as a root cause of the international jihadist threat that has inflamed the Middle East for years and struck in Paris last week. However, while Riyadh has cracked down hard on jihadists at home, jailing thousands, stopping hundr...Read More
US Fed likely to tighten before year end … The US Federal Reserve is on track to raise rates before year end, with a pick-up in economic activity and positive dialogue emerging from the central bank – Investor DailyDominant Social Theme: The economy is booming. Hike, hike, hike. It's all we can do.Free-market Analysis: The tightening talk is picking up. Principal Global Investors m...Read More