Over 80 percent of the stock market is owned by the richest 10 percent of Americans anyway, so most Americans never got much out of Trump’s market boom to begin with.
It looks like it could be another tough week for global financial markets. As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse.
Germany’s political landscape is crumbling as Merkel’s sister party, the CSU, has only received 35.5% of the votes in Bavaria, an exit poll shows. Meanwhile, the anti-establishment AfD has entered parliament for the first time.
Trump is trying to square a globalized world through a national-based American capitalism. It won’t work.
Over the past two weeks, with next to no media coverage, the United States has moved substantially closer toward open military confrontation with both Russia and China, the second- and third-ranked nuclear powers in the world.
The entire fleet of F-35 fighter jets has been grounded to inspect the aircraft for suspected faulty fuel tubes, the US military said. The decision comes in the wake of a Marine Corps’ F-35B crash in South Carolina last month.
Proving once again that he’s lacking even the basic skills of diplomacy, Secretary of State Mike Pompeo cancelled his visit to Pyongyang last month. South Korean President Moon Jae-in and the North Korean leader Kim Jong-un, on the other hand, have signed a joint statement following their bilateral talks in Pyongyang. The countries’ defence chiefs have meanwhile signed a separate military pact.
US has “around” 5,000 bases total, with “around” 600 of them overseas, now Trump wants a new one in Poland
US President Donald Trump is eyeing a permanent military presence in Poland, saying the country “likes the idea very much.” Warsaw had stated earlier it was ready to pay up to $2 billion to have a US military base on its soil.
Militants in Syria’s Idlib have transported several canisters containing chlorine to the village of Bsanqul, apparently preparing to stage a false flag chemical attack, the Russian Defense Ministry has said.
The chlorine-filled canisters were delivered by the Al-Qaeda-affiliated militants of Tahrir al-Sham, formerly known as Al-Nusra Front, a spokesman of the Russian Center for Reconciliation in Syria, Lieutenant General Vladimir Savchenko, said in a statement Saturday. He added that the latest developments showed that the militants are preparing for a false flag attack that would be used to accuse the Syrian government of using chemical weapons against its people.
A routine press conference of the US energy secretary and the Russian energy minister has surprisingly turned into a lecture on Washington’s superiority and exceptionalism as the US official faced a question on sanctions.