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Europe Demands Access To All SWIFT Data To "Combat Terrorism Funding"
One week ago, we reported, with little surprise, that just days after last Friday's terrorist attack, the European Commission had "implemented strict controls to make it difficult to acquire...
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Puerto Rico Is About To Default: Your Complete Guide To An Island Debt Debacle
Last week, we brought you the latest from Puerto Rico’s debt debacle. The commonwealth is desperately trying to restructure some $72 billion in debt while staring down a $354 million bond payment due...
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Another Data Point To Ignore - There Are The Most Distressed Bonds In 6 Years
In the immortal words of Taylor Swift,"shake it off."That appears to be the meme of the new normal. Terrorist attacks - buy em; looming World War 3 - buy it; plunging earnings - perfect!; collapsing...
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Can The Oil Industry Really Handle This Much Debt?
Submitted by Ekaterina Pokrovskaya via Oilprice.com,As the crude industry has been wrestling with low oil prices that declined by over 50 percent since its highest close at $107 a barrel in 2014, many...
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1 Journalist Dead, 3 More Arrested After Exposing Turkey Arming Syrian...
Submitted by Claire Bernish via TheAntiMedia.org,Just over a week after Cumhuriyet Editor-in-Chief, Can Dündar, represented the Turkish daily news outlet in receiving a press freedom award, he and...
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EU Reaches Deal With Turkey, Will Pay €3 Billion To Stem Refugee Outflow But...
As previewed earlier today, moments ago the EU and Turkey reached a deal in which Europe would give Erdogan another €3 billion to be embezzled accordingly (perhaps to buy more tankers for Erdogan's son...
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Fourth Turning - Politicians Driving The World Towards War
Submitted by Jim Quinn via The Burning Platform blog,In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I...
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It's D-Day For Puerto Rico As $354 Million Payment Comes Due, Padilla Heads...
Puerto Rico has a problem. The commonwealth needs to make a $354 million bond payment on Tuesday and the government is basically out of money. We previewed this rather precarious situation twice in the...
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House Democrat Warns Obama's Actions Could Lead To "Devastating Nuclear War"
It was so much easier when Obama was running a military "sneakers on the ground" campaign in Iraq and Syria where there was no official confirmation of the thousands of "military advisors" engaging...
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Draghi Holds Water Pistol Press Party - Live Feed
Contrary to what you might have read over at FT, Mario Draghi met (but certainly did not exceed) market expectations for a depo cut, moving 10 bps further into NIRP-dom in a desperate attempt to get...
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An Open Letter Calling For The Resignation Of Saudi-Sympathizing Politicians
Submitted by SM Gibson via TheAntiMedia.org,Whether you are Nobel Peace Prize recipient Barack Obama or unabashed warmonger John McCain, if you hold a federally elected office in the United States and...
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Assad Slams US Bombing Of Government Troops As Turkey Accuses Russia Of...
On Saturday, the Russian warship Caesar Kunikov passed through the Bosphorus Strait. On deck, a soldier could be seen wielding a rocket launcher:“For a Russian soldier to display a rocket launcher or...
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6 Of 8 Trump Supporters Stand Behind Muslim Travel Ban; Muslims Furious
Yesterday's stunning announcement by Donald Trump calling for a "total and complete" shutdown of Muslims entering the US (even US citizens), has unleashed a media frenzy across both the political and...
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Playing Chess With Putin
Submitted by Nick Giambruno via InternationalMan.com,“What’s it like playing chess with Obama?” asks a top aid of Russian president Vladimir Putin. Putin replies, “It’s like playing chess with a...
View ArticleFrontrunning: December 14
Oil prices drop towards 11-year lows on worsening glut (Reuters)Third Avenue Seen by Top Investors as Fueling More Carnage (BBG)Lucidus Has Liquidated $900 Million Credit Funds, Plans to Shut...
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Fitch Warns Of "Historic Junk Milestone" As US Defaults Surge
Despite the rear-view-mirror-gazing optimists proclamations that default rates have been low (which matters not one jot when pricing the future expectations of default into corporate bond cashflows),...
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Financial Warfare & The Big Reset: Koos Jansen Interviews Willem Middelkoop
Submitted by Koos Jansen via BullionStar.com,The very reason I became interested in gold after the financial crisis in 2008 was because of Dutch gold guru, author, journalist, entrepreneur, and fund...
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2015 Year In Review - Scenic Vistas From Mount Stupid
Submitted by David Collum via PeakProsperity.com,Background“To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything.”~Edward AbbeyI am penning...
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This Is Canada's Depression: Surging Crime, Soaring Suicides, Overwhelmed...
Back in March, we brought you “Drugs, Prostitution, Violence Plague Oil Boom Towns Gone Bust,” in which we detailed the plight of towns like Sidney and Bainville, Montana, where the slump in oil...
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Ukraine's Looming "19 Fukushimas" Scenario
Submitted by Dmitry Orlov via ClubOrlov.com, (author of The Five Stages Of Collapse)With all the action in Syria, the Ukraine is no longer a subject for discussion in the West. In Russia, where the...
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