The European Parliament took its first step Wednesday in passing a law that would, as a digital rights coalition says, “destroy the the Internet as we know it.” The vote is likely to be the European Parliament’s official position unless the general assembly forces another vote on the legislation next month, Reuters reports. Article 13 […]
On Cue – Mitch McConnell Welcomes Legislation to Block President Trump Trade Policy…
There are Trillions At Stake. There is no upper limit to what congress is willing to do to stop President Trump from turning off the lobbyist funding. Without influence in DC there can be no affluence in DC. That’s why McConnell cancelled the recess. If the president continues to remain focused exclusively on what is […]
Boehner’s Right — It’s Trump’s Party Now…
“There is no Republican Party. There’s a Trump party,” John Boehner told a Mackinac, Michigan, gathering of the GOP faithful last week. “The Republican Party is kind of taking a nap somewhere.” Ex-Speaker Boehner should probably re-check the old party’s pulse, for the Bush-Boehner GOP may not just be napping. It could be comatose. Consider. […]
Hypocritical G7 Ministers Rail Against Audacity of the U.S. Trade Position Requiring “Reciprocal and Fair” Trade Deals…
From the G7 Mission Statement outlining the objectives of their meeting: “From May 31 – June 2, 2018, G7 Ministers responsible for development cooperation met in Whistler, Canada, to discuss their shared priorities on some of the most pressing global development and humanitarian challenges, including advancing gender equality and the empowerment of women and girls”…
Wilbur Ross Delivers – No More Steel and Aluminum Tariff Exemptions for EU, Canada or Mexico (VIDEO)…
Amid ongoing trade stalemates with NAFTA and the EU, Commerce Secretary Wilbur Ross has announced the U.S. Commerce Department will no longer provide exemptions for the European Union, Canada or Mexico. As anticipated, during a telephone briefing with reporters Secretary Ross announced at midnight tonight the 25% steel, and 10% aluminum, tariffs on imported goods […]
EU Proposes a Total Ban on Plastic Forks and Other Products…
The European Commission proposed a total ban on some single-use plastic products and measures to drastically cut the consumption of others, in the latest push by the EU to reduce carbon emissions and marine litter threatening its seas. The ban will apply to plastic cotton buds, cutlery, plates, straws, drink stirrers and sticks for balloons, […]
Trader: Italy on Verge of Inducing Fresh European Crisis…
Tired (or maybe bored) of worrying about rising interest rates, a rising dollar and higher oil prices? Then fear not, because according to Bloomberg macro strategist and former Lehman trader, Mark Cudmore, you can now start worrying about a new, or rather well-forgotten, potential risk flashpoint, namely Italy which, as he writes in his latest […]
The EU Determined to Preserve Agreement…
Commerce Secretary Wilbur Ross Discusses China Trade Visit…
Commerce Secretary Wilbur Ross discusses the ongoing trade initiatives with China ahead of the U.S. delegation departing later tonight. Secretary Ross, Treasury Secretary Mnuchin, U.S. Trade Representative/Ambassador Robert Lighthizer, Economic Council Chairman Larry Kudlow and White House Trade Adviser Peter Navarro are all heading to Beijing to meet with their Chinese counterparts…
Wilbur Ross Joins China Delegation, Trump Extends EU, NAFTA Steel Tariff Exemption 30 Days…
President Trump’s MAGAnomic team have announced a 30-day extension for the Steel (25%) and Aluminum (10%) tariffs for the European Union, Canada and Mexico. Also, after a prior agreement with South-Korea, the “KORUS” deal, team U.S.A. has also reached an agreement in principle with Australia, Argentina and Brazil which will be finalized in next 30 […]
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