UK - Add one more name to the chorus of doom. Earlier this week, Andrew Tyrie, the Conservative MP and chairman of the Treasury Select Committee, wrote to Mark Carney, the Governor of the Bank of England, to express his concern about bond market liquidity – or, more precisely, the lack thereof.
EUROPE - The European Union's top bureaucrat has been accused of "insufferable arrogance" after he vowed "Brexit will not happen" while he remains in office. In an inflammatory speech, European Commission president Jean-Claude Juncker signalled Brussels power brokers are still not taking the threat of Britain leaving the EU seriously.
NIGERIA - More than 30 people have been killed in a suicide attack at a market in the northern Nigerian city of Yola, officials say. The blast, heard across the city, struck a busy vegetable market where traders were closing up on Tuesday. Nigerian President Muhammadu Buhari visited Yola on Saturday, declaring that the Islamist militant movement Boko Haram was close to defeat.
NIGERIA - Facebook has activated its safety check feature after a suicide attack killed 32 people in the north-eastern Nigerian city of Yola. The social networking site had been criticised for activating the feature for the attack in Paris on Friday but not for the attack in Beirut the day before.
USA - A former Texas teacher has filed a federal lawsuit for discrimination after being fired from her job in Katy, Texas after she exhibited non-government approved behavior when she refused to refer to a six-year-old girl as a “boy”. The child’s two homosexual dads insist the little girl is a transgender boy and requested the school call her a boy and refer to her with a boy’s name, but even the media is reporting that the female-born six-year-old was often “confused” at school, referring to herself at different times as a girl, sometimes using the girl’s restroom and sometimes the boy’s restroom.
USA - We, the Leaders of Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam, met today to mark the conclusion of negotiations on the Trans-Pacific Partnership agreement. We congratulate our Ministers and negotiating teams, after more than five years of negotiations, on delivering a result that achieves the goal set out in 2011 of a comprehensive, balanced, and transformational regional agreement – one that spans the Pacific, touches three continents, and unites 800 million people.
USA - “The Common Core is supposed to be improving state standards in education, but its bigger effect has been a comprehensive dumbing down of American education at every level, from kindergarten through graduate school,” Peter Wood, president of the National Association of Scholars, said in an interview with CNSNews.com.
USA - Never before have so many acres burned in America up to this point in the year. I just went and checked the latest numbers from the National Interagency Fire Center, and it turns out that we are now on pace for the worst year for wildfires in all of US history. So far in 2015, wildfires have burned an astounding 9,799,866 acres. Before this, the worst year for wildfires was in 2006 when a total of 9,506,582 acres had burned through November 13th.
USA - We all know what’s happened to major household expenses such as higher education, healthcare, rent/housing: they’re soaring to the moon. Why are costs rising inexorably? The answer in most cases is simple: cartels. Cartels and quasi-monopolies create artificial scarcities by limiting competition (usually via regulatory collusion with the government). This artificial scarcity enables the cartels to raise prices because consumers have no choice: the “competition” (ie the other members of the cartel) have the same prices for the same services.
SWEDEN - Because of its welfare state and gender equity policies Sweden has become a beacon of progressiveness in everything that affects women. But there is one kind of woman the Scandinavian state seems to have no time for: a health professional who objects to abortion.
USA - A soccer game between the national teams of Germany and the Netherlands was canceled due to terror concerns on Tuesday, but this is only just the beginning. From now on, very few people will be able to attend large gatherings in the western world without thinking about the possibility that they might be shot or blown to bits. This is how terrorism works – it instills fear in people. And that is why the recent attacks in Paris were so effective.
GERMANY - The Paris attacks have jolted Germany into considering greater military involvement in the fight against Islamic State, despite public opposition to abandoning its largely pacifist foreign policy. The voices raising the prospect of military intervention by the European Union’s biggest country came largely from Chancellor Angela Merkel’s conservative group in parliament.
GERMANY - Following last Friday's terrorist attacks in Paris, leading German media have begun speaking of a new world war. A renowned daily, for example, wrote that "a third world war" is currently being forced upon "the entire planet," warning that the war against IS "is not yet being waged with the intensity needed in a world war." Other journals are calling for resolute action without "half-heartedness" or even "self-recrimination."
USA - The horrific attacks in Paris on Friday have, predictably, led to much over-reaction and demands that we do more of the exact things that radicalize people and make them want to attack us. The French military wasted no time bombing Syria in retaliation for the attacks, though it is not known where exactly the attackers were from.
FRANCE - The hacktivism group quickly got its business together, created an official Twitter account for the whole #OpParis operation, and a new website where to centralize all ISIS accounts. Besides scanning for ISIS Twitter accounts themselves, the hacking group has also opened access to the site to those interested. Anyone who comes across ISIS social media accounts can easily search the database and report any new terrorists and supporters.