“The aid will be facilitated by the Commodity Credit Corp, an agency set up during the Great Depression, and will not require congressional approval.”
“The IMF also expects the Venezuelan economy to contract 15% this year, leading to a cumulative GDP decline since 2013 of 50%. Venezuela’s collapse, while contained, is so profound it is now holding back the rebound of the entire region: while Latin America is expected to grow 1.9% this year, the number would be 2.5% without Venezuela according to Bloomberg.”
“More than a year later, state and federal officials don’t know where the plutonium – one of the most valuable and dangerous substances on earth – is. Nor has the cesium been recovered.”
“It turns out that advertising to the world that you believe in racial segregation and obedience to the loudest common denominator turns out not to be good for business.”
Read more: https://usa.spectator.co.uk/2018/06/the-true-cost-of-the-stepford-student/
“New Jersey will soon learn that its residents aren’t tied to the land like medieval serfs in the feudal system. Governments still have this antiquated view, but it’s no longer valid. Americans who want to legally avoid state income tax can easily move to Florida, Texas, and the handful of other states with no state income tax. And those who want to legally avoid federal income tax can move to Puerto Rico.”
Read more: https://www.sovereignman.com/tax/the-state-of-new-jersey-just-signed-its-own-death-warrant-23939/
“Just because a law is impossible to follow is not enough of a reason for a court to throw it out. So California’s Supreme Court ruled on Thursday.”
Read more: http://reason.com/blog/2018/06/29/californias-top-court-impossible-laws-no
“Politicians should honestly confront the question: what are the reasons that lead millions of people to leave their homes? And fashion equally honest and humane solutions.”
Read more: https://www.counterpunch.org/2018/06/22/end-the-wars-to-halt-the-refugee-crisis/
“The U.S. government is calling on its allies to zero out imports of oil from Iran by November 4, or else face sanctions, and Washington is leaning towards granting no waivers at all. An official from the U.S. State Department said on Tuesday that it had plans to follow up on the matter with Turkey, India and China, even as the U.S. is trying not to ‘adversely impact’ these countries, Bloomberg reports.”
Read more: https://oilprice.com/Energy/Crude-Oil/Oil-Jumps-As-Trump-Asks-Allies-To-Cut-Off-Iranian-Oil.html
“A day earlier, Harley-Davidson announced that it would shift some of its production overseas in response to the European Union’s new 31 percent tariff on its imported bikes, which was imposed in retaliation for Mr. Trump’s steel and aluminum tariffs.”
Read more: https://www.nytimes.com/2018/06/26/business/trump-harley-davidson-tariffs.html
“It is not just that power corrupts, it is that already corrupt people seek power.”