UN Adopts Slavery Resolution Calling For Reparations Despite US, European Objections

Will The Iran War Trigger A Dollar Crisis? The oil spike has moderated and markets are mellow for the time being, but could the long-term economic consequences of this war just be getting started? U.S. allies have shown a lackluster response after President Trump’s request for assistance in reopening the Strait of Hormuz — a corridor carrying roughly 20% of global oil supply — and this may spell a trend of what’s to come. What happens when oil-producing Gulf states have had enough of our/Israel’s foreign policy machinations and, as a...

This time last month, the Syrian military was sweeping through Kurdish territory in the country’s northeast Hasakeh Governorate, and having seized control of the al-Hawl prison camp, there were reports of thousands of ISIS-linked detainees being freed by the Islamist government’s forces. The government downplayed this issue, blaming the escapes on Kurdish security weakness, and […]

Economic Sentiment Belies Strong Economic Estimates Authored by Lance Roberts via RealInvestmentAdvice.com, Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not. According to the Bureau of Economic Analysis’s advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter. However, the record-long federal government shutdown, which ran from October 1 through November 12, subtracted roughly 1 full percentage point from growth, as federal outlays plunged...