The London Housing Market Is Worse Than It Looks. Here’s Why

Confused about the state of London property prices? You’re not alone. There’s plenty of evidence that housing is in a rut, but the downturn that began with the priciest homes four years ago has been slow to spread out from the center of the U.K. capital. The market is now facing a number of additional […]

Ukraine warns of ‘full-scale war’ with Russia

Ukraine’s president has voiced his concern about a possible “full-scale war” with Russia, following the seizure of three of Ukraine’s naval ships by Russian forces over the weekend. President Petro Poroshenko called the clash between Ukrainian and Russian naval forces an “extraordinary event”, adding that his country is “under the threat of a full-scale war […]

North Korean still working at main nuclear site, IAEA says

North Korea appears to be still expanding operations at its main nuclear site, the U.N. atomic watchdog indicated on Thursday. The statement by the head of the International Atomic Energy Agency is a further sign that North Korea is pressing ahead with its atomic activities despite pressure from the United States for it to scrap […]

Danske Bank money-laundering scandal drags down Deutsche Bank

Fears that Deutsche Bank may be facing yet another scandal and huge fine in connection with the money-laundering case at Danske Bank sent its shares plunging to an all-time low, undermining tentative efforts to restore credibility at Germany’s largest bank and wiping out recent gains in the share price. Danske Bank whistleblower Howard Wilkinson told the Danish […]

Record Number of Markets Now in the Red in Worst Year Since 1901

2018 is going down as the worst year for markets ever, by at least one measure. A whopping 89 percent of assets have handed investors losses in U.S. dollar terms, more than any previous year going back more than a century. The metric comes courtesy of Deutsche Bank AG, whose macro strategists feature it as […]

Billionaire Cohen Says Bear Market Coming Within Two Years

Billionaire hedge fund manager Steve Cohen said a bear market is coming within two years, adding to a chorus of voices who say the U.S. economy could falter by 2020. “We’re definitely late cycle, and so at some point we’re going to enter a bear market, and it’s going to happen in the next year […]

A $2bn Saudi Plan To Assassinate Iran’s Leaders Involved Erik Prince And The Trump Transition Team

So maybe the Iranians do have much to be paranoid about. An explosive New York Times story citing multiple unnamed sources familiar with the matter details how top Saudi intelligence officials conspired to assassinate Iranian leaders — including Iranian Revolutionary Guard (IRGC) Quds force commander Qassim Suleimani — in a plot wherein the Saudis mulled using private contractors, and even approached Erik Prince, the former head […]

North Korea Fake Denuclearization: How Good is Kim in Fooling Trump

North Korea is moving ahead with its ballistic missile program at 16 hidden bases that have been identified in new commercial satellite images, a network long known to American intelligence agencies but left undiscussed as President Trump claims to have neutralized the North’s nuclear threat. The satellite images suggest that the North has been engaged […]