World Events

Submitted by SouthFront, After a short break, the military confrontation between the Libyan National Army mainly backed up by Egypt and the UAE and the Turkish-backed Government of National Accord has once again entered an open phase. On July 5, aircraft of the Libyan National Army conducted nine pinpoint airstrikes on the Turkish-operated al-Watiya Air…

It appears global bond investors were "made an offer they could not refuse" as, according to financial and legal documents seen by the Financial Times, they bought bonds backed by the crime proceeds of Italy’s most powerful mafia. An estimated €1bn of these private bonds - backed in part by front companies charged with working…

Authored by Daniel Payne via JustTheNews.com, New York officials issue a report this week concluding that the high number of coronavirus deaths in state care facilities was the result of infected workers, not sick residents, spreading the contagion. New York has face sharp criticism over the past several months for its policy of allowing COVID-19-positive patients to return to nursing…

There is no question in our mind that consumer behaviors will be drastically reshaped in a post-corona world - one where a fearful and frugal consumer might result in a much slower economic recovery.  For more color on the evolving consumer, one that has been severely damaged by the virus-related recession, Bloomberg recently conducted a survey (of 2,200 adults) that…

For the first time in her privileged life, ex-socialite Ghislaine Maxwell is living in conditions described by one judge in 2016 as similar to a 'prison on Turkey or a Third World Country.' The 58-year-old Maxwell was arrested after hiding out in a lavish four-bedroom, four-bathroom mansion in New Hampshire, which Bloomberg notes sports views…

The madness of political correctness is mocked in this e-mail sent to Clarence Page of the Chicago Tribune after an article he published concerning a name change for the Washington Redskins. Dear Mr. Page: I agree with our Native American population. I am highly jilted by the racially charged name of the Washington Redskins.  One…

While admitting that there are many pushing back against the idea, Bloomberg is reporting that the Trump administration is escalating its plans to hold China accountable for its recent global pandemic chaos and Hong Kong freedom oppression. Secretary of State Pompeo told Fox News earlier in the day that the US was mulling the possibility…

Russian carmaker Aurus, best known for producing President Vladimir Putin's new bulletproof limo, recently released a video showing one of its sedans slamming into a barrier at a high rate of speed with crash dummies inside. The video was first released via Russian broadcaster Zvezda, and then reported by Sputnik, which shows two mannequins, one in the driver's seat and another…

By Mustafa Zaidi, Research Director at Clarmond Wealth As Hong Kong was being handed over in early July 1997, my old colleague and I began a series of short visits throughout the Pearl River Delta, from Macau to Shenzen to Canton; all rather sleepy spots relative to the towering buzz of Hong Kong. In Macau…

According to the New York Times, the U.S. Mint is upping its coin production after shortages of coins have been reported in the U.S. as a result of the coronavirus pandemic. On June 15, the Federal Reserve had first implemented quotas for distribution locations to further protect its coin inventories, which were running low. As a result, banks…