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Moody’s To State & Local Governments – Prepare For Climate Change Or Lose Access To Cheap Credit

The 2017 Atlantic hurricane season, which officially began on June 1 and ends today, featured the highest number of major hurricanes since the 2005 season and was only the second time that two Category 5 hurricanes made landfall. However, it was by far the costliest hurricane season on record, with a preliminary total of $368.7 […]


Chicago Gets An ‘F’ On New Fiscal Report Card As Bonds Continue To Hover Around All-Time Highs

As Illinois muni debt continues to hover around all-time highs, the number of watchdog groups offering warnings about Chicago’s deteriorating finances continues to grow.  The latest such warning comes from Truth In Accounting which provided the Windy City an ‘F’ on their latest fiscal report card citing a staggering debt burden that amounts to $41,700 […]


Watch Live: Senate Banking Committee ‘Grills’ Trump’s Fed Chair Nominee Jerome Powell

Just two weeks after President Donald Trump announced that Fed Governor Jerome “Jay” Powell would be his pick to succeed Janet Yellen as chairman of the Federal Reserve, he is appearing today before the Senate Banking committee in a confirmation hearing that’s viewed as a virtual certainty. The hearing begins at 10 am ET. Watch […]


Fed Chair Nominee Powell’s Prepared Remarks: “Will Respond With Force To Threats To Nation’s Stability”

Jerome Powell, President Trump’s nominee to head the Fed, has released the text of remarks he’ll deliver Tuesday in a confirmation hearing before the Senate Banking Committee. Powell said he expected the central bank to continue raising its benchmark interest rate and trimming its balance sheet under his leadership, but had some pointed comments over […]


EU SMBs Can Benefit from Smart Financial Regulation

In the aftermath of the 2008 financial crisis, countries all over the world suffered dire consequences. The irresponsibility of the globe’s biggest banking institutions, institutional investors, regulators, and consumers plunged economies in the United States, Europe, and Asia into a panic. The blame lies with those who exercised poor judgment in their creation and sale […]


Pentagon To Admit To 2,000 Troops In Syria; Number Likely Far Higher

Authored by Jason Ditz via AntiWar.com, General Had Previously Said US Had 4,000 Troops There… US officials said on Friday that the Pentagon is expected to concern confirm that there are “about 2,000” US ground troops in Syria, a major increase from the roughly 500 that they officially claim is the case. An accounting system, […]


Freeing Hamstrung Commodities Traders with Blockchain

The trading paradigms that dominate today’s investing landscape have undoubtedly served some of us well. For those who play by the rules, buying options or futures contracts is no strenuous exercise, and there is a huge market open at all hours of the day to serve willing participants. However, no matter how streamlined these practices […]


Lessons From The GFC – Beware The Next ‘Soft Landing’ Calls

Authored by Constantin Gurdgiev via Manning Financial, Recent months have seen a steady and growing flow of institutional investors', and market analysts', and researchers' warnings about the medium-term sustainability of the financial assets prices. Both, the IMF and the Bank for International Settlements (BIS) have documented evidence on the buildup of systemic imbalances across the […]


Media Silent As Fed Committee Quietly Passes Act Allowing Warrantless Searches

Authored by Rachel Blevins via The Free Thought Project, It has been over one month since the latest dangerous piece of legislation meant to infringe on Americans’ constitutional rights was introduced, and Congress is now moving forward with the bill that will have serious ramifications for all Americans by blatantly violating the freedoms guaranteed by […]


Bahamas Prime Minister Blames US Cable News For Collapse Of Journalism

Over the weekend, Bahamas Prime Minister Dr Hubert Minnis addressed the Third Annual Press Club Awards Banquet, where he blamed the collapse of journalism standards on 24-hour cable news shows in the United States. He said, the declining of standards “would not have been allowed in previous times” and urged local journalist not to be  “champions of any […]


Now the Sexual Harassment Noose Falls Upon Rep. John Conyers

Content originally published at iBankCoin.com The sexual harassment allegations continue, with today’s showcase revelations being Charlie Rose and Rep. John Conyers. Over at the Weinstein scandal, upwards of 90 women have come forward, some of whom claimed they were outright raped by the big fat ape. So you know, Harvey Weinstein is still at large. […]


Wild Footage Of Mugabe’s Son Drenched In Diamonds, Right Before Zimbabwe Coup

Days before the military coup d’état in Zimbabwe, one of Mugabe’s sons uploaded a snapchat displaying his £45,000 diamond watch with £200 champagne, according to Daily Mail. The story went viral fueling anger of Zimbabweans as the country suffers from an economic collapse with a 95% unemployment rate. The video shows Chatunga Bellarmine Mugabe in a South African nightclub pouring […]


“Alexa, This Is Going To Hurt”: These Companies Will Be Destroyed By Amazon Next

From Morgan Stanley overnight:   The reason the S&P healthcare sector is lower on the day… … with distribution names getting hammered, is because in a report published overnight, Morgan Stanley analysts predicted that the sector, and severeal specific names, are most in danger of being targets of Amazon’s unstoppable monopoly juggernaut, soon to be […]


Why Everyone Should Do What WikiLeaks Did

Authored by Caitlin Johnstone via Medium.com, By far the best thing about the WikiLeaks-Don Jr. controversy has been watching the talking heads on CNN and MSNBC who spent a year and a half priming everyone for President Hillary now saying, “Ha! WikiLeaks claims they’re a legitimate news organization, and yet here they are, advancing an […]


Why Australia’s Economy Is A House Of Cards

Authored by Matt Barrie via Medium.com, Co-authored with Craig Tindale. I recently watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in “surprisingly good shape”. Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any […]