WestJet Pilot’s Eyes Burned By Green Laser While Flying To Orlando

A WestJet pilot on approach to Florida’s Orlando International Airport from Newfoundland had his eyes burned by a green laser light, according to the Federal Aviation Administration. The aircraft was around 25 miles from the airport when the laser hit the pilot, according to spokeswoman Kathleen Bergen. The flight landed safely shortly after, and the […]

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Shattered Confidence In Illinois Government May Doom Even A Good Spending Bill

Authored by Mark Glennon via WirePoints.org, Governor Pritzker proposed a $41.5 billion “Rebuild Illinois” capital spending plan backed by a list of new middle classes taxes. Its size probably will be cut and the projects to be funded remain to be negotiated, though widespread recognition of legitimate capital needs means there’s a good shot something […]

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Pakistan Test-Fires Ballistic Missile Just As India’s Modi Secures Landslide Re-Election

Pakistan decided to use the moment of the world’s largest democratic election happening just across its border to test fire a large ballistic missile. Though Pakistan’s military didn’t explicitly mention India in a press release and video of the launch, the symbolism and message was clear, given it came the very day India is in […]

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Floods & Drought Devastate Crops All Over The Planet; Is A Global Food Crisis Be Coming?

Authored by Michael Snyder via The End of The American Dream blog, It looks like global food production could be well below expectations in 2019, and that could spell big trouble in the months ahead. In recent weeks, I have written extensively about the problems that we have been experiencing here in the United States. […]

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Rachel Maddow’s Weekly Ratings Just Plunged To Yearly Lows

Following a string of embarrassments over the last few years, including the famous “I’ve got Trump’s taxes” fiasco, followed by crying on air when she had to announce that Robert Mueller’s investigation found no collusion, it looks as though even MSNBC viewers are starting to throw in the towel on Rachel Maddow. Last week, Maddow’s […]

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Kyle Bass Hits Back At Critics Of His Latest ‘Big Short’

Now that he’s closed out his yuan short to focus on his geopolitical activism, Hayman Capital’s Kyle Bass has moved on to his next big trade: Betting against the Hong Kong dollar’s 36-year-old peg. While Bass waits for that long-shot bet to pay off, he’s also shorting other Southeast Asian currencies, a play that has […]

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Kyle Bass Hits Back At Critics Of His Latest ‘Big Short’

Now that he’s closed out his yuan short to focus on his geopolitical activism, Hayman Capital’s Kyle Bass has moved on to his next big trade: Betting against the Hong Kong dollar’s 36-year-old peg. While Bass waits for that long-shot bet to pay off, he’s also shorting other Southeast Asian currencies, a play that has […]

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Kyle Bass Hits Back At Critics Of His Latest ‘Big Short’

Now that he’s closed out his yuan short to focus on his geopolitical activism, Hayman Capital’s Kyle Bass has moved on to his next big trade: Betting against the Hong Kong dollar’s 36-year-old peg. While Bass waits for that long-shot bet to pay off, he’s also shorting other Southeast Asian currencies, a play that has […]

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Mortgage Stress Test Gets Vigorous Defense From Head Of Canada Mortgage And Housing Corp.

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy makers to hold the line amid calls for the measure to be changed. “The stress test is doing what it is supposed to do,” wrote president and CEO Evan Siddall in a letter dated Thursday to […]

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RaboBank: “It’s Hard To Keep Up With All The Escalation”

Submitted by Michael Every of RaboBank It’s hard to keep up with all the escalation. Yesterday morning Asian time the worry was that the US was about to turn its fire on Chinese surveillance-camera maker Hikvision, which would obviously have proved damaging to that PLA-linked firm. Yesterday evening the US instead shifted its attention to […]

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