Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"

IBM Soars On Resurfaced Trump Clip, Barclays Buy Rating As MoMo Rally Accelerates IBM shares jumped as much as 15% in premarket trading after Bloomberg described a recirculated video of President Trump stating that the stock is "going to go up a lot more." The clip, reposted by Polymarket Money on Saturday evening, appears to have fueled another leg higher in what has already been an eye-popping, multi-week rally. In the clip, dated December 10, Trump boasted that IBM CEO Arvind Krishna had "taken the stock from a rather low price to...

Texas Investigating Islamic Tribunal For Allegedly Operating Sharia Law Court Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours), Texas Attorney General Ken Paxton announced Monday an investigation into a Dallas-based group accused of operating as a sharia law court. Protester David Wright (L) speaks with counterprotester Vincent Simon, a Muslim, as Melissa Yassini holds a sign across the street from a mosque in Richardson, Texas, on Dec. 12, 2015. LM Otero/AP Photo ​In a press release, Paxton said he requested documents from the group, known as the Islamic Tribunal, regarding...

France Plans €10 Billion Push To Cut Reliance On Gas and Oil France is shifting its response to rising fuel costs away from short-term relief and toward long-term electrification, according to Prime Minister Sébastien Lecornu. Instead of expanding fuel subsidies after oil prices spiked due to the Iran conflict, the government plans to redirect funding into helping households and businesses transition to electric energy, according to Bloomberg. Under the plan, annual support for electrification will nearly double to €10 billion by 2030, up from €5.5 billion today. The increase will come...