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Poland

U.S. Secures 20-year Deal to Supply Natural Gas to Poland…

December 19, 2018 at 8:13 pm

Poland has signed a long-term deal with a U.S. company for supplies of liquefied natural gas as part of an effort to reduce its dependence on Russian energy, the two sides announced on Wednesday. Port Arthur LNG, a subsidiary of San Diego-based Sempra Energy, and Poland’s state gas company PGNiG jointly announced the agreement for […]

Tom_Donahue_The_Big_Club

It’s Happening – This Is “THE” Fight, There Are Trillions at Stake…

December 17, 2018 at 7:48 pm

CTH has pointed, repeatedly, toward a very specific economic and financial dynamic because President Trump is uniquely focused on Main Street’s “real economy“. Everything happening in/around the financial markets is very predictable when you focus on understanding the principles of Main Street MAGAnomics and how those basic principles diverge from Wall Street’s “paper economy”. “Everything […]

Price_Changes_Consumer_Goods_1997-2017_Carpe_Diem_AEI

The Economy “Rigging” That Impacts Americans…

December 13, 2018 at 6:41 pm

I apologize in advance for my shortcomings in trying to de-wonk multinational economics and the financial constructs that impact, at the core, the U.S. worker and consumer. It’s a big issue to tackle in digestible portions. However, that said some inflationary statistics are presenting an opportunity for expanded discussion. Reuters has an article out today […]

Europe

Despite Massive Opposition, the U.N. Presents Migration Global Compact As Milestone for Europe…

December 11, 2018 at 4:09 pm

After a petition against the United Nations Global Compact for Migration reached the threshold of 100,000 signatures last week, members of the British Parliament issued a response to the petition. The United Nations Global Compact for Migration is a comprehensive, inter-governmental negotiated agreement prepared by the U.N. to cover all the dimensions of international migration. […]

French President Macron Declares “Social and Economic” State of Emergency (VIDEO)…

December 10, 2018 at 4:15 pm

With massive civil unrest overwhelming many parts of French society, President Emmanuel Macron made a televised speech to the nation attempting to calm the anger. Macron declared a social and economic state of emergency and attempted to stop the ongoing Yellow Vest protests by announcing a special year-end bonus. In addition to the year-end bonus, […]

Macron Raises Minimum Wage…

December 10, 2018 at 4:14 pm

Theresa_May

Brexit: May’s Handbag…

December 10, 2018 at 4:14 pm

The new hope for the UK being rescued from Brexit (as if there were any solution that not leave large swathes of the citizenry feeling bruised) is May’s handbag. I am not making that up. From The Times: “Theresa May will seek to emulate Margaret Thatcher by travelling to Brussels to demand a better Brexit […]

May Kicks Brexit Can Down the Road…

December 10, 2018 at 4:13 pm

Theresa_May

Brexit: May Bloodied but Not Yet Bowed…

December 5, 2018 at 7:20 pm

As Clive warned yesterday, “Don’t trust U.K. based reporting of events. I heard so much provable rubbish today, it’d fill a book.” We’ll try to be relatively sparing, since the big events that will provide more information come next week: the Withdrawal Act vote (the margin of loss will be critical), the presumed motion of […]

Theresa_May

Brexit: Coming to a Head?…

December 4, 2018 at 8:12 pm

I’ll attempt to be brief, since events are very much in play, and there is still a great deal of noise relative to signal. The overarching issue is that while some exciting skirmishes are underway, what matters is the configuration of forces on the battlefield. We’ll discuss the two big events of the day (so […]

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