Friday , June 22 2018
Home / Zerohedge (page 5)
The author Zero Hedge
Zero Hedge
our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

Shocking Testimony: Civil Rights Attorney Asked Obama To Close Migrant “Baby Jails” In 2015

In late May as "new" images of migrant children sleeping in cages at an ICE detention facility began going viral after they were tweeted out by several prominent liberals, we were among the first to point out that the photos driving the new found white-hot rage at President Trump's immigration policies were from 2014 under Obama, and not Trump. Yet a wave of popular anger has surged as the left has "discovered" Trump's army of "baby snatchers" and border "concentration camps", and...

Read More »

Global Markets Tumble As Trade War Fears Spike; China Crashes

Bulletin headline summary from RanSquawk DAX and FTSE at 1 month lows in sour risk tone as Trump issues USD 200bln tariff threat Tariff threats send the DXY to YTD high Looking ahead, highlights include, the Technical committee meeting between OPEC and non-OPEC members, ECB’s Lane and Fed’s Bullard The headline news that dominate markets today are not that different from yesterday, especially since it is really just one: the escalating trade war between the US and China. Only unlike...

Read More »

Crossing The 16% Chasm Is AfD’s Goal In Merkel Fight

Authored by Tom Luongo, The big news of the week is that German Chancellor Angela Merkel is facing the toughest challenge to her long political career from within her own Union party coalition over immigration. My latest article at Strategic Culture talks about why this issue is so divisive and why it has a real chance to topple Merkel’s rule. Immigration is not simply a political asset to be horse-traded by leaders in the legislature. Someone should teach Nancy Pelosi and Chuck Schumer...

Read More »

Comcast, AT&T Set To Become World’s Most Indebted Companies With Over $350BN In Debt

At a time when the IMF estimates that more than 20% of the world's companies would be unable to cover their interest payments if interest rates moved sharply higher, Comcast and AT&T are poised to become the most indebted companies in the world following media megadeals that leave the two companies with little room to maneuver if profits fail to materialize, according to the Wall Street Journal. As WSJ points out, assuming both are finalized, the deals would leave the two companies...

Read More »

Swiss Commodity Trading Giant Trafigura Suffers 50% Profit Hit

Submitted by Damir Kaletovic for Safehaven.com Higher oil prices may be a bit of a boon for producers, but Swiss commodity giant Trafigura isn’t one of the beneficiaries; in fact, it’s seen a 50-percent drop in profits for the first half of its fiscal year because the days of buying and storing cheap crude are over. And that’s not Trafigura’s only problem. It’s metals division has not been able to pick up the oil-trading slack, resulting in the company’s lowest first-half profit take in...

Read More »

Italy’s Salvini Orders “Special Census” And Expulsion Of Illegal Gypsies, Immediately Compared To Hitler

Italy's new Interior Minister, and the country's de facto leader now that the League has surpassed 5-Star is national poalling,  Matteo Salvini told an Italian television station Monday that he plans to conduct a census of the Roma community, and will kick anyone out of the country residing there illegally. "I've asked the ministry to prepare a dossier on the Roma question in Italy," Salvini told TeleLombardia, adding that the country's large community of Roma, also known as Gypsies,...

Read More »

“Hopeless” European Millennials And The Populist Takeover

Authored by John Rubino via DollarCollapse.com, Europe is frequently held up as an example of how the rest of the world should behave on a variety of issues. But this comparison misses at least two things: First, “Europe” is actually a lot of different countries in a lot of different situations. Second, much of what seems to work over there only does so because it’s being financed with ever-increasing amounts of debt. For countries, as for individuals, borrowing money is fun at first...

Read More »

Mass Shooting Attack On World Cup Fans After Sweden Win

Police in Sweden are attempting to downplay initial reports of terrorism after a man opened fire on a crowd during World Cup celebrations as the Swedish national team beat South Korea earlier in the day. As the story broke, multiple international headlines suggested a terror attack in progress related to World Cup play, with at least five people wounded in the southern city of Malmo. One man has reportedly died of his injuries in what's being described as a "mass shooting". A hail of bullets...

Read More »

How The Last Superpower Was Unchained

Authored by Tom Engelhardt via The Asia Times, Think of it as the all-American version of the human comedy: a great power that eternally knows what the world needs and offers copious advice with a tone deafness that would be humorous, if it weren’t so grim. If you look, you can find examples of this just about anywhere. Here, for instance, is a passage in The New York Times from a piece on the topsy-turvy Trumpian negotiations that preceded the Singapore summit. “The Americans and South...

Read More »

China Enters The Trade Trap

Via Investing In Chinese Stocks blog, Perhaps nobody knows what President Trump will do next, including President Trump, but right now it looks like he has successfully maneuvered China into a trade trap. The goal is to slow China's economy such that military modernization slows and its economy cannot catch up with the United States. Meanwhile, implementation of this strategy is called "Beijing's playbook" and the whole time President Trump speaks positively about Xi Jinping and China's...

Read More »