Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down

Xi Hosts Taiwan Opposition Leader In Rare Meeting: 'We Will Not Become A Chessboard For External Intervention' All eyes remain fixated on the impending US-Iran talks in Islamabad, but big things are also happening Friday in Beijing, and they have direct impact on another potential global flashpoint: Taiwan. While Washington potentially gets bogged down in another Middle East quagmire (if talks don't go well and there's no offramp), Chinese leader Xi Jinping has welcomed the leader of Taiwan’s main opposition party for a rare direct meeting in the Chinese capital. The symbolism of the timing...

Migrant Criminal Beats Deportation Order With Chicken Nugget Defense In something you might see from the Babylon Bee, an Albanian migrant has secured the right to remain in the United Kingdom by claiming that his children hate "foreign" chicken nuggets, according to the Daily Mail. Klevis Disha, 39, snuck into the U.K. illegally back in 2001 as a supposed unaccompanied minor. Disha used a fake name and a bogus backstory about being born in the old Yugoslavia. His asylum bid flopped but somehow dragged on, until he snagged indefinite leave to...

When Regulation Changes Who Becomes Rich Authored by Shahid Islam via RealClearMarkets, Economic debates about inequality usually begin with a familiar question: Who has how much income? It is an important question. But perhaps it is not the only one we should be asking. A society can change who becomes rich without substantially changing how unequal the society is. Regulation can weaken one economic elite while creating opportunities for another. Entrepreneurs and investors may lose relative influence while lawyers, compliance specialists, lobbyists, consultants and regulatory experts gain it. The Gini coefficient may barely notice. Income...