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EU Elections

Greek Prime Minister Alexis Tsipras has called a snap election after disappointing results from his party in the European Elections. His Syriza party was estimated to have received just 23.94% of votes in the elections, trailing behind its main opposition party New Democracy, which received 33.28%. A far-right party in Italy’s of Deputy Prime Minister Matteo […]

EU Elections with Exit Polls

So far the biggest gains in Germany were for the Green and AfD Parties and in France, LePen is leading Macron. In the UK, it seems to be BREXIT Party of Farage is ahead. Clearly, we are looking at a sea-change in European Politics. Our readers in Belgium report that the first results for regional […]

The Demise of the British Conservative Party?

The term “Conservative” was suggested as a title for the party by a magazine article by J. Wilson Croker in the Quarterly Review in 1830. The name immediately caught on and was officially adopted under the aegis of Sir Robert Peel around 1834. However, it really began to take shape in 1812 when the name […]

PM Theresa May Resigns

Prime Minister Theresa May has announced that she will now step down as the U.K. prime minister after failing to win support for her plan to withdraw from the European Union. It has been shocking how she only pitched Brussels’ demands and refused to defend Britain. This conflict has been all about Brussels who demands […]

May Could be Asked to Resign by June

Prime Minister Theresa May could be forced to leave Downing Street by late June if she does not deliver a Brexit deal. Conservative Party sources are letting it be known that unless it becomes clear by the end of May that her plan stands a chance of being approved, she may be compelled to leave […]

British Elections

Nigel Farage’s Brexit Party is poised to dominate the upcoming European elections in the U.K., according to spread betting firm Sporting Index. Nigel appears to be leading with his new party to take 28 seats. Prime Minister Theresa May’s Conservatives will win perhaps seven and Labour will take 13 with the Liberal Democrats coming in […]

Market Talk – May 20, 2019

ASIA / AUSTRALIA: Chinese telecommunications manufacturer Huawei has been banned from the recent updates from Google’s Android system. Currently, Huawei is the second largest manufacturer of smartphones. They will, however, be allowed on the latest released version of Google’s Android operating system which is open sourced. The CEO of Huawei previously stated that the company […]

The Income Tax is Destroying the World Economy

It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a tyranny that our liberty, freedom of movement, and world economic growth are all at great risk. Never before in the history of human civilization do […]

Capital Controls v Protectionism

QUESTION: Marty; You mentioned at the cocktail party in Rome, which was spectacular BTW, that your concern would be capital controls emerging when the euro starts to break hard. Do you have a time frame for that? WJ ANSWER: Yes, the view from the cocktail party was spectacular. A bit cold; we could have used […]

Market Talk – May 13, 2019

ASIA: No real surprises coming off the news of Friday and over the weekend. China announced they will be increasing tariffs on approximately $60 billion worth of U.S. goods up to 25% on June the 1st. Earlier in the day, US President Trump tweeted that if China were to retaliate it would continue to escalate […]