Mike Norman Economics

Poland drops the hammer on Ukrainian neo-Nazism.For RussPoles send Ukraine a message: Prison term for calling Bandera, Shukevich, OUN-UPA heroes, or for denying the Volyn Massacre Novorosinform, translated by Tom Winter

Left focusing on what they think is some sort of awkward exchange between the Siemens guy and Trump over the Siemens guy's job title (I don't get it...the left is completely incompetent... unqualified... out to lunch.. I digress...) but importantly the Siemens guy points out that with the passage of the Trump tax reform, they have now decided to expand a new multi-$billion gas turbine program in Charlotte, NC.The systemic effects of the Trump tax reform that moved the corporate rate towards...

Wow this is awfully nice of them. How convenient for settlements...Brisbane Airport to Launch In-Terminal Cryptocurrency Payments https://t.co/BvzF8s7bj5 pic.twitter.com/iCrCUc8Af8— CoinDesk (@coindesk) January 26, 2018

The move to hold new presidential elections in Venezuela will completely undermine the country’s democratic constitutional order and the results will not be accepted as legitimate, a senior U.S. State Department official said on Thursday. Realizing that Maduro is the favorite, US rejects election outcome before the fact.ReutersU.S. rejects new Venezuela election plan: official See also Venezuela's previous elections have been fair. The Guardian (3 OCTD 2012)Why the US demonises...

The Oracle Master Persuader speaks. After Stephen Mnuchin failed to arrest the dollar's freefall this morning, it appears to have been left to President Trump to 'fix' it. In a brief clip from a longer CNBC interview, Trump explained "ultimately he wants to see a strong dollar" and the dollar spiked... As Scott Adams says, facts are meaningless; persuasion is everything. Trump gets that in spades. Zero HedgeDollar Surges After Trump Says "Mnuchin Was Misinterpreted, Dollar Will Get...

European Central Bank chief Mario Draghi took a swipe at Washington on Thursday for talking down the dollar, a move he said threatened a decades-old pact not to target the currency and might force his bank to change its own policy. ReutersECB hits out at Washington for talking down the dollarBalazs Koranyi, Francesco Canepa

Princeton economist estimates there are 5.3 million Americans who are ‘absolutely poor’ by global standards MarketWatchKey Words: U.S. has more truly destitute people than either Sierra Leone or Nepal, says Nobel economist Deaton Greg Robb | Senior Economics Reporter

Stirring up the hornet's nest.Sic Semper Tyrannis Trump kicked the Islamic world in the teeth today, and loved doing it.Col. W. Patrick Lang, US Army (ret.) At the Defense Intelligence Agency, Lang was the Defense Intelligence Officer (DIO) for the Middle East, South Asia and counter-terrorism, and later, the first Director of the Defense Humint Service. At the DIA, he was a member of the Defense Senior Executive Service. He participated in the drafting of National Intelligence Estimates....

Russia looks set to dominate the business of exporting nuclear power plants worldwide, as its share of the market has now reached 60 percent after concluding contracts with countries like India, Turkey, Egypt and Hungary for the construction of new plants and technical cooperation. Gas station no longer. Russia InsiderRussia Unrivaled in Nuclear Power Plant Exports, Crushes Market Sentaku Magazine

Any push by Turkish forces toward Manbij, part of a Kurdish-held territory some 100 km (60 miles) east of Afrin, could threaten U.S. plans to stabilize northeast Syria and bring them into direct confrontation with U.S. troops deployed there.“Those who support the terrorist organization will become a target in this battle,” Deputy Prime Minister Bekir Bozdag said.“The United States needs to review its solders and elements giving support to terrorists on the ground in such a way as to avoid a...