Yes, we need to get tough on trade.  If you have followed my work for the last eight years, then you know that I have been a very strong advocate of protecting US manufacturers and US workers.  But these things have got to be handled delicately, because any significant disruption at this point could lead to an absolutely crippling global economic crisis. 

Negotiating on an international level requires a great deal of finesse, because if you mess up it can have monumental consequences.  For example, one thing that you shouldn’t do is make an agreement with the second largest economy in the world and then tear it up less than two weeks later…

It is true that we simply cannot continue to run a trade deficit of 40 or 50 billion dollars month after month.  The path that we are currently on is a path to national economic suicide. But simultaneously fighting trade wars with China, Europe, Canada and Mexico is not going to solve anything. In the end, our recklessness could ultimately be the trigger for the greatest economic crisis that any of us have ever seen.

The former hedge fund manager said: “The Europeans, I don’t think, know what to do. I think that they are a little bit taken by surprise. I mean, they were talking about whiskey, denim, trying to hit Senator McConnell – but you see, that’s bourbon. So they’ve got the wrong brown spirit.”

In March, the US President imposed a 25 percent tariff on steel and 10 percent on aluminium on steel exports into the United States as he vowed to protect his country’s ailing industries. However, after early negotiations, the EU was able to negotiate a temporary exemption until June 1.

Mr Trump has ignored EU pleas and threats for the exemption to be made permanent, igniting a trade war between Brussels and Washington. The EU backlash started with the bloc promising to retaliate with its own tariffs which would strike at the heart of American popular culture. Products could include Harley-Davidson motorcycles, Levi jeans and bourbon whiskey.

Mr Cramer added: “Whatever the Europeans are doing they are confused because they have never seen anything like this presence – never. They are so over their heads versus this guy.” The finance expert said President Trump dislikes EU trade practices and wants to "dismantle the way European companies" do business. The UK Government has put its special relationship with the US on the line and vowed to side with Brussels in a bid to reinstate the tariff exemption.

Those outside of Europe may be surprised to learn that Germany's exports are roughly equal to those of China ($1.2 trillion), even though Germany's population of 82 million is a mere 6% of China's 1.3 billion. Germany and China are the world's top exporters, while the US trails as a distant third.

If public and private debt in the troubled nations keeps rising at current rates, it's possible that even mighty Germany may be unable (or unwilling) to fund an essentially endless bailout. Be wary of endless "fixes" to a structurally doomed system.

Euroskeptic Paolo Savona, a renowned career economist, was rejected because he could not have insured the maintenance of the EU's common currency. Under his administration, resistance to Berlin's austerity dictate could have been expected, whereas the newly appointed Prime Minster Carlo Cottarelli passed the test a few years ago as the Rome government's austerity commissioner ("Mr. Scissors").

Savona's nomination is the result of Italy's growing euroskepticism, which, in the meantime, is also shared by other economists. "Germany profits, Italy loses" through the introduction of the euro, concludes Savona's alternative candidate to the post of finance minister.

It’s all fun and games until it comes time for Max to face his biggest challenge in the film: having his private parts inspected as part of the competitive process. This is where the film “Show Dogs” takes what Maldonado describes as “a dark and disturbing” turn for the worse. After repeatedly resisting Frank’s advances early on, Max finally reaches the day where he has no choice but to let the judge touch him in order to win the competition, so he reluctantly agrees.

The deeply disturbing message being conveyed here – and to children, no less – is that, in order to achieve what you want in life, sometimes you have to let other people do things to you that are uncomfortable and invasive. In this case, allowing someone to touch your private parts could be a necessary requirement in order to “win” a competition.

This is how many actors and actresses make it in Hollywood, after all – and politicians in Washington, too. It’s actually been suggested that rape and pedophilia are obligatory “rites of passage” for many young stars and starlets to make it in the ‘biz, which is exactly what “Show Dogs” seems to be suggesting – using cute, fluffy animals, of course. Hollywood resorts to embedding its perversions into happy and hilarious cartoon characters that most people won’t even realize were created to brainwash them.

An attempt to form a government in Italy of the Five Star (M5S) protest movement and the far-right Lega has failed, for the present. Giuseppe Conte, who was commissioned by President Sergio Mattarella to form the government after being proposed by the two parties, returned his mandate on Sunday evening after just four days.

The reason for Conte’s withdrawal is Mattarella’s refusal to appoint the 81-year-old Paolo Savona as minister of finance and economic affairs. The president had accepted all of the other ministerial proposals, but he rejected Savona on the grounds he planned the exit of Italy from the euro currency.

Asked if it was time Italy left the EU common monetary institution, he replied it was only a matter of time until the whole project would completely crumble around the Continent. He said: "I mean the euro is finished. It is unsustainable so it’s just a matter of time that the euro will break up because there isn’t any microeconomic and economic sense and rationale behind the euro.

“So they, in 1992 when they drafted up the Maastricht Treaty that is the milestone, the basis of the euro, said there would be a convergence between the European economies and the European countries. What is the result after 20 years of this project? The economies are diverging and divergences and inequalities between European people are spreading and rising. So the euro is clearly wrong. It’s unsustainable and it will break up really soon."

Italy's would-be government collapsed before it even formed following a shock veto from the country's president Sergio Mattarella over a minister who held strongly eurosceptic views. The leading political figures of the coalition parties, the Five Star Movement and the League, have blamed the EU elite and financial powers for the collapse.

On the first day of GDPR enforcement, Facebook and Google have been hit with a raft of lawsuits accusing the companies of coercing users into sharing personal data. The lawsuits, which seek to fine Facebook 3.9 billion and Google 3.7 billion euro (roughly $8.8 billion in dollars), were filed by Austrian privacy activist Max Schrems, a longtime critic of the companies’ data collection practices.

GDPR requires clear consent and justification for any personal data collected from users, and these guidelines have pushed companies across the internet to revise their privacy policies and collection practices. But there is still widespread uncertainty over how European regulators will treat the requirements, and many companies are still unprepared for enforcement.

According to the media outlet, the country's Defense Minister Ursula von der Leyen has been concealing the scope of malfunctions of the military equipment for the sake of good statistics.  The newspaper stressed that the minister's statements about the "combat readiness" of ships and planes often did not correspond to reality.

According to the newspaper, all German submarines were unfit for military operations last year. Less than half of frigates and tanks and only one in three combat helicopters were ready for deployment; warships lack controllable missiles and patrol boats are short of crew members, the article said. Over recent months, reports have repeatedly come up that the German army has been suffering from equipment and staff shortages.

For instance, on March 31, 2018, news emerged of a confidential report from the German Defense Ministry warning of the poor and "outdated" state of the air force's fleet of Tornado combat jets. The aircraft were said to be incapable of joining further NATO missions as they do not possess an encrypted communications system and the intelligence they gather remains vulnerable to interception.

Previously, another German magazine had reported that over half of the German Bundeswehr's Leopard 2 tanks weren't ready for operation. It was said that the Bundeswehr has 244 tanks of this type in service, but only 95 of them are in full combat readiness.