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Friday 30 August 2019

These Are the Safest Cities in the World Right Now

A woman dressed in a yukata walk past souvenir shops in Asakusa, Tokyo. Photographer: Keith Bedford/Bloomberg

The city is where the population agglomerates and, therefore, space where the impact of social transformations on security must be analyzed. And, in this sense, we agree that the city is a space of risk. 

Clearly, today cities have to respond to the challenges of a new economic base, urban infrastructure, quality of life, social integration, security, and governance. Without a doubt, security policies are a challenge of great influence.

Now, it should be noted that there is a new surprise member of the safest city club in the world. Washington, DC, has entered the top 10 in the Safe Cities Index for the first time, while Hong Kong does not show up after plummeting in the ranking.


The safest cities

Bank of England Governor: Dollar “Too Dominant” as Reserve Currency, Needs to Be Replaced



Mark Joseph Carney is an Anglo-Canadian economist who currently holds the position of Governor of the Bank of England and president of the G20 Financial Stability Council. Carney was previously the Governor of the Bank of Canada and began his career at Goldman Sachs to join the Canadian Ministry of Finance.

Now, Governor of the Bank of England has indicated that the dollar is “too dominant” as a reserve currency, therefore it needs to be replaced. In fact, Carney proposed to supplant the dollar with a digital currency. I also affirm that the digital currency “could dampen the domineering influence of the US dollar on global trade”.

Meanwhile, Peter Schiff said during a recent interview in RT America that investors should stay away from the dollar, not only because of the recession ahead but because their days as a reserve currency could be counted.


The influence that could decrease

$1,600 gold ‘totally within reason’ as almost perfect storm boosts bullion to highs not seen in years

Since reaching its year-to-date low of US$1,270 in May, the price of gold has rallied by more than 20 per cent. Yuriko Nakao/Bloomberg via Getty Images

Undoubtedly, what is news is that $ 1,600 gold ‘totally within reason’, since an almost perfect storm raises bullion to levels not seen in years. That being the case, one could say that it no longer depends on the Fed’s rate cuts to continue with a surprising rebound

Certainly, the gold that is now trading above the US $ 1,500 for the first time in six years is in the midst of an almost perfect storm that no longer makes it dependent on interest rate cuts to continue its surprising recovery.

In this way, it is appropriate to say that the price of bullion has recovered by more than 20 percent. In fact, during the month of June, gold exceeded a technical level of US $ 1,400 and managed to maintain this level after not doing so several times in the past. Following the well-known growing commercial tensions between the United States and China, and what many predict will be two successive cuts in interest rates by the Federal Reserve of the United States.


True unpredictability

Cargill Invests $75 Million in Puris

Tyler Lorenzen, CEO of Puris Proteins LLC (Photo provided by Puris Proteins LLC)

Cargill is a private multinational corporation, based in Minnesota, in the United States.

It was founded in 1865 and has grown to be the largest US corporation that is not publicly traded (in terms of earnings). Certainly, its commercial activities include the purchase, sale, processing, and distribution of grains and other agricultural goods, the cultivation and sale of livestock feed, and the sale of ingredients for the pharmaceutical industry.

Now, less than two years after Cargill’s initial investment in the alternative protein company, Cargill’s latest contribution will help put a Dawson facility into operation, adding 90 jobs in the area and doubling protein production capabilities. puris pea

And it is that the plant-based food manufacturer Puris Proteins LLC will double its pea production, thanks to a new investment of $ 75 million from the food and agriculture giant Cargill.


Help for Puris

The Big Short’s Michael Burry Sees a Bubble in Passive Investing

Michael Burry is an American physician, investor, and hedge fund manager. He was the founder of the hedge fund Scion Capital, which he directed from 2000 to 2008, before closing the company to focus on his own personal investments. Burry was one of the first investors to recognize and benefit from the impending crisis of high-risk mortgages.

Now, Michael Burry, of The Big Short, sees a bubble in passive investment.

Certainly, Michael Burry rose to fame and fortune betting on mortgage securities before the 2008 crisis, an operation immortalized in “The Big Short”. Now, there is a possibility that he is right about a new opportunity he sees. That’s right, Burry sees another contrary opportunity that emerges from what he calls the “bubble” in passive investment. As the money is poured into traded funds on the stock exchange and other index-tracking products that lean toward large companies, Burry says that lower value shares are being unduly neglected worldwide.

It should be noted that, during the last three weeks, its Scion Asset Management has revealed significant stakes in at least four small-cap companies in the United States and South Korea, adopting an activist approach in three of them.


Expectation

Why I support Maxime Bernier for leader



Maxime Bernier who is a businessman and lawyer who holds a bachelor’s degree in commerce from the University of Quebec in Montreal, is a lawyer from the University of Ottawa and was Vice President of the Montreal Institute of Economics, is the current founder and leader of the Popular Party of Canada.

Likewise, the Popular Party of Canada or simply the Popular Party is a federal political party in Canada. As mentioned earlier, the party was formed by Maxime Bernier, on September 14, 2018, shortly after his resignation from the conservative party. The party has been referred to as conservative, libertarian, populist, classical liberal, and right-wing. The PPC has formed electoral district associations (EDA) in all 338 Canadian constituencies and plans to present a complete list of candidates in the 2019 Canadian federal elections.

It is necessary to indicate that for some people it is not easy to publicly support a candidate for the leadership of the Conservative Party and supporting Bernier is no exception.


Formidable leader

Police Chief slams possible handgun ban, calls it “naive”

Illegal guns are the true driver of gun violence in Canada.

The president of the Canadian Association of Chiefs of Police rejected the idea of a ban on firearms in Canada, in fact indicating that illegal weapons are the real driver of armed violence in Canada. Thus, at the association’s annual conference, President Adam Palmer, who also serves as Vancouver’s chief of police, acknowledged that Canada already has “very good” weapons laws and that possessing illegal weapons is already a criminal offense.

In fact, Palmer expressed exactly, “In all cases there are already crimes for that. They are already violating the law and the criminal law in Canada addresses all those circumstances”, he added, “The gun laws in Canada are really very good at the moment. They are very strict”.

Something that is true and is well known is that arms control has been a priority for the liberal government since its election in 2015, with recent legislation that makes background checks even more strenuous.


Do not give way to naivety

Wednesday 28 August 2019

Elites Caught in Amazon Wildfire Lie as NASA Confirms 'Average' Fire Season

Amazon is a vast region of the central and northern part of South America that includes the rainforest of the Amazon River basin. The adjacent regions of the Guayanas and the Gran Chaco also have rainforests, which is why they are often considered part of the Amazon.

This Amazon rainforest is the most extensive tropical forest in the world. Its extension is considered to reach 7,000,000 km² distributed among nine countries, of which Brazil and Peru have the largest extension, followed by Bolivia, Colombia, Venezuela, Ecuador, Guyana, France (French Guiana) and Suriname. The Amazon stands out for being one of the ecoregions with the greatest biodiversity on the planet.

Now, what is news is the forest fires that are affecting the Amazon of Brazil have shocked the entire world, by the images of complete destruction and lack of control that the fire has caused in one of the vital areas of the planet.


Wrong Elites

The Goldilocks president says he wants to keep the boom alive: Don Pittis

Is U.S. President Donald Trump channelling Goldilocks to help keep the economy from falling into recession? If so, critics aren't sure it's working. (Carlos Barria/Reuters)

It is important to clarify that a recession is a generalized decrease or loss of the economic activity of a country or region. This reduction in economic activity is measured through the decrease, in interannual rate, of the real Gross Domestic Product (GDP), and must occur in a generalized manner for a significant period of time. There is no agreement in the doctrine about what this period is, although, over time the opinion issued by Julius Shiskin has been extended in an article published in the New York Times in 1975 around two consecutive quarters of fall as Definitive term for the term.

Without a doubt, there are many who are holding the collective breath waiting for the next recession, while for his part, US President Donald Trump says he wants to do everything possible to avoid it.

In reference to this, it is already well known that Europe and China are also looking for correct ways to avoid recession.


Inevitable aspect

Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease

Mark Mobius, co-founder and partner at Mobius Capital Partners, discusses commodities and his outlook for gold.

It is already well known that gold is a soft yellow precious metal. It is one of the most used metals in jewelry stores because of its elementary composition and its rarity and because it is a difficult metal to find in nature and on earth, it is more abundant in the interior of the mountains.

Now, Joseph Bernhard Mark Mobius who is an administrator of emerging market funds and founder of Mobius Capital Partners LLP says, “Buy gold ‘at any level’”. Likewise, the investor has indicated that the increase in ‘psycho’ digital currencies helps demand. In addition, the bullion has recovered to the maximum since ’13 when the Fed cuts rates.

Veteran investor Mark Mobius gave general support for the purchase of gold, saying that bullion accumulation will reap long-term rewards as major central banks loose monetary policy and the increase in cryptocurrencies only serves to reinforce the demand for really hard assets. The prices went up.


A maximum level

Tuesday 27 August 2019

Why the Koch brothers' political machine is 'unrivalled in America'

David Koch left, and his brother Charles have had a significant impact and reach on U.S. political life.  (Phelan M. Ebenhack, Bo Rader/The Wichita Eagle via Associated Press)

The Koch brothers are famous for being equal owners of Koch Industries, the second-largest private company in the United States. They are part of the wealthy Koch family. The brothers are David H. Koch and Charles G. Koch.

Koch Industries, Inc. is a conglomerate of US companies based in Wichita, whose owners are brothers Charles G. Koch and David H. Koch. The Koch Brothers, as they are popularly known, have an estimated fortune of 47.9 billion dollars each (2017). The company has numerous subsidiaries dedicated to manufacturing, commerce, and investments.

Now, what is news, billionaire industrialist David H. Koch died at the age of 79.

Undoubtedly, the news of David Koch’s death on Friday attracted many critics of the billionaire industrialist and his equally controversial brother, and some went to social media to receive the news.


A relevant effect in American politics

America’s demolition politics smashes the world

Trump shakes hands with Imran Khan, Pakistan's prime minister, during a meeting in the Oval Office on July 22, 2019 (Michael Reynolds/Bloomberg/Getty Images)

There are those who affirm that Donald Trump’s view of the world, which takes everything, has decimated the international order that was created to help avoid chaos.

An important fact to note is that in April 2016, the Republican presidential candidate, Donald Trump, delivered a foreign policy speech at the Mayflower Hotel in Washington, DC, describing his vision of the United States place in the world. Located in the usual Trumpian confrontation over America First and the failures of previous administrations, it was a passage that defined what foreign policy would be under his presidency.

In fact, he emphasized “We are totally predictable,” I have complained in a moment of unscripted candor, referring to the U.S. fight against ISIS. “We tell everything. We’re sending troops, we tell them. We’re sending something else, we have a news conference. We have to be unpredictable. And we have to be unpredictable starting now”.

Without a doubt, what the world achieved with Trump is unpredictable. And not only in his approach to ISIS. In the third year of Trump’s presidency, we are seeing everything from the comically absurd (the argument to buy Greenland) to the dangerously uninformed (withdrawing from the nuclear agreement with Iran). A clear trend has been established in the foreign policy of the US administration, marked by its inclination for opportunism and lack of foresight.


Governments follow Donald Trump’s example

Global warming is a problem, but so are climate doomsayers

Most people on the planet wake up every day thinking that things are getting worse. This should not be something of a surprise since, in fact, it is brought to what they usually read in the newspaper or watch on television. That being the case, this bleak mood is a problem, as it feeds scary stories about how climate change will end in Armageddon.

Despite everything that has been made known in addition to everything that has been speculated, what is a fact is that the world is mainly improving. And it is that the average global life expectancy has more than doubled since 1900 and is now over 70 years. Because the increase has been particularly marked among the poor, health inequality has declined massively. In addition, the world is more literate, child labor is declining and we are living one of the most peaceful moments in history.


An improvement that must also be recognized

Gold Monitor - August 9, 2019

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Friday 23 August 2019

Uncle Sam Is Spending Like We’re In Recession; What Happens When We Really Are?



An important fact to mention is that last week we received the updated numbers of the federal budget deficit. With $ 867 billion, the budget deficit for the fiscal year 2019 has already overshadowed last year’s deficit of $ 779 billion.

There is no doubt that spending is out of control and spiral deficits are worrying enough on their own terms. Likewise, it has been expressed that things become absolutely horrible when considering that these budget deficits are occurring during an economic expansion. I would normally expect numbers like this during a major recession.

That raises an important question: what will happen when the recession comes?

Ryan McMaken analyzed the numbers in a recent article on Mises Wire. The last time the deficit was so high was in fiscal 2012 when the budget deficit reached almost $ 1.1 billion. At the height of the Great Recession-Stimulus-Panic, the deficit reached 1.4 billion in 2009.


Deficits that have only increased

Setting the record straight on the benefits, and heavy costs, of immigration to Canada

A lot of roads, affordable housing and cleaner environment could be purchased with the money spent on poorly selected new immigrants who don't carry their share of the fiscal load.Peter J. Thompson/National Post files

Maxime Bernier is a Canadian businessman, lawyer, politician and serving as a member of parliament for riding Beauce since 2006. In addition to being the founder and current leader of the Popular Party of Canada, he has used relevant information to justify your plan to reduce future immigration levels.

And it is that in a recent campaign speech, Maxime Bernier cited the results of studies that showed that recent immigrants are imposing a heavy tax burden on Canadians. Thus, it is understood that the average recent immigrant in Canada imposes a tax burden of $ 5,300 annually

Now, it should be noted that the CBC made the journalist Jonathon Gatehouse do a “fact check” of Bernier’s claim on the tax burden. In a publication sponsored by the CBC, it concludes that this statement is “false.”


Verification of the facts

Negative Mortgages Set Another Milestone in No-Rate World

Where central banks led, mortgage loans continued in most markets.

In this way, it is appropriate to say that the vertiginous fall of the world at zero or negative interest rates has just passed another milestone since homebuyers in Denmark are effectively paid to take out 10-year mortgages.

For its part, Jyske Bank A / S, the third-largest lender in Denmark, announced in early August a mortgage rate of -0.5%, before the commissions. Meanwhile, Nordea Bank Abp offers 30-year mortgages with an annual interest of 0.5% and 20-year loans at zero. Thus, it is understood that the years of easing by central banks hacked interest rates worldwide, distorting the traditional lending economy, which could be said to be more pronounced in Europe.


Fierce competition

Thursday 22 August 2019

Jensen Huang interview: Why AI is the single most powerful force of our time

Jensen Huang, CEO of Nvidia, at GPU Tech event. Dean Takahashi

Nvidia CEO Jensen Huang proudly proclaimed on an analyst earnings call this week that artificial intelligence is the “single most powerful force of our time.”

Nvidia reported Q2 earnings and revenues that beat analysts’ expectations as demand for graphics and artificial intelligence chips picked up. After the earnings call, I interviewed Huang about the company’s progress.

During the analyst call, he said there are more than 4,000 AI startups working with the company — as compared to 2,000 AI startups in April 2017. In our interview, Huang said the actual number of AI startups Nvidia is tracking is closer to 4,500.

He said gaming is driving sales for now, but AI will pick up in various waves over time. Ultimately, the $100 trillion transportation industry will be transformed by AI via autonomous vehicles. Nvidia is working with companies like Volvo on development projects that could ultimately generate a lot of revenue.

“The work we are doing is important, impactful, and incredibly fun,” Huang said. “We’re just grateful there is so much of it.”


Source: Dean Takahashi | VentureBeat

Negative Interest Rate Absurdity and How It Screws Up the Economy


Negative-yielding debt surged to over $15 trillion earlier this month. This pile of negatively-yielding paper includes government and corporate bonds, along with some euro junk bonds.

In a recent episode of the Wolf Street Report, Wolf Richter called this “NIRP absurdity.” And it could be coming to America.

Negative interest rates started out as a short-term emergency experiment during the Great Recession. Now it has turned into the new normal. How will this end?

Wednesday 21 August 2019

Trudeau, Once the Bright New Hope, Enters Campaign Tarnished by Scandal

Prime Minister Justin Trudeau’s fortunes have changed as the SNC-Lavalin case has dragged on. Andrej Ivanov/Reuters

OTTAWA — Prime Minister Justin Trudeau of Canada was buoyed into office by a wave of new and young voters. He will need those votes again if he is to win a second term in the upcoming national elections.

But that became more challenging on Wednesday after a scathing report by Canada’s ethics commissioner, who found that Mr. Trudeau broke the law by pressing his justice minister on how to handle a criminal case involving a multinational engineering company.

The report is the first nonpartisan determination about Mr. Trudeau’s actions in the case, and was unequivocal in finding an ethics violation. It may end up influencing voters, political analysts said, if only by eroding enthusiasm for the prime minister among those who supported him in 2015, when he promised a fresh approach to politics.

“The Liberals face a challenge of getting these people who voted last time to come out and vote again,” said Andrew Steele, a former Liberal campaign strategist for Mr. Trudeau’s party, the Liberals.

Free mortgages and bond yields turned upside down: trade war impacts veer toward the wacky

A share trader reacts as he sits behind his trading terminal at the Frankfurt Stock Exchange. More than one quarter of all the government debt in the world is currently paying out a negative yield, including all of Germany's. (Kai Pfaffenbach/Reuters)

It’s been relatively easy, so far, to feel immune to the effects of the trade war that U.S. President Donald Trump launched about a year ago.

Sure, maybe if you were the captain of a ship full of sorghum, changing direction on the high seas with each new presidential tweet, you might sense the tides were shifting. And anyone trying to buy a Harley Davidson in Hungary was likely also keenly aware that there was some funny business afoot.
But unless you happened to be a Canadian exporter of steel and aluminum or a Mexican avocado farmer, it was perhaps easy to think the world of international trade was largely business as usual.

Not anymore. Markets were whipsawed this week by the slow realization that the outlook for the world’s economy isn’t getting better — it’s getting worse. And while 800-point drops for the Dow Jones index tend to generate a lot of headlines, it’s what’s happening in some far more under-the-radar indicators that are the best signs of just how wacky the economy is getting.


Negative rates

China’s Biggest Energy Company Shuns Venezuela Oil on Tighter U.S. Sanctions



China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation.

China National Petroleum Corp. has canceled plans to load about 5 million barrels worth of Venezuelan oil onto ships this month in the aftermath of the latest executive order by President Donald Trump, according to people with knowledge of the situation who asked not to be identified discussing proprietary information.

CNPC joins Turkey’s largest bank, Ziraat Bank, which severed its relationship with Venezuela’s Central Bank following sanctions. The moves represent a setback for Venezuelan President Nicolas Maduro, who has been counting on both China and Russia to keep the country going amid a humanitarian crisis, food shortages and hyperinflation.

The 'dark side' of Finland's famous free health care



(CNN) In his search for examples of a more equitable society, Bernie Sanders has long looked north … to Northern Europe, that is.

The “Nordic model” consists of strong welfare states funded by relatively high levels of taxation, which enable governments to provide high-quality education and health care for all. Sanders, an independent US senator from Vermont who’s a candidate for the 2020 Democratic presidential nomination, says the United States could learn from this.

“I want to thank the Finnish people not just for what they are doing but for giving us a vision, and a model that we in this country can attain to as well,” he told a crowd in Vermont back in 2008.

In 2017, Sanders, who describes himself as a democratic socialist, praised neighboring Denmark’s health care system, saying, “They are able to run a high-quality health care system — probably better than ours — at half the cost. Because it’s a public health care system.”

Friday 16 August 2019

'Great timing' by Jim Pattison — but 82% premium comes as Canfor treads multi-year lows

Vancouver billionaire Jim Pattison has offered to take Canfor, one of the country’s largest lumber and forestry product companies, private. BLOOMBERG/POSTMEDIA

James Allen Pattison, OC OBC is a Canadian business tycoon, investor, and philanthropist. It is headquartered in Vancouver, British Columbia, where he serves as executive director, president and sole owner of the Jim Pattison Group, the second-largest private company in Canada, with more than 45,000 employees worldwide and annual sales of $ 10.1 one billion The Group is active in 25 divisions, according to Forbes, including packaging, food, forest products.

Now, Jim Pattison had his ‘Great Opportunity’, but 82% of premium occurs when Canfor achieves minimums of several years. The offer seems rich for investors, but it can become a bargain of the billionaire.

As Canada’s forestry industry undergoes a pronounced recession, billionaire Jim Pattison seized the moment with a proposal to buy and take Canfor privately, one of the largest timber and forest products companies in the country.


Proposal with great chances of success

Sounders add QB Wilson to ownership group

Russell Wilson Ciara, Seattle Sounders on Twitter

SEATTLE — The Seattle Sounders are adding Seahawks quarterback Russell Wilson and wife Ciara, hip-hop artist Macklemore and Microsoft CEO Satya Nadella to the MLS club’s ownership group.
Other investors are also coming aboard while current majority owner Adrian Hanauer is increasing his investment stake in the club. Hollywood producer Joe Roth, who helped bring the MLS to Seattle, is leaving the franchise.

Wilson has been attempting to get into sports ownership. He was previously a partner in an effort to build a new basketball arena in Seattle and has also been part of the project in Portland, Oregon, to build a baseball stadium in the hopes of luring an MLB team to the city.

“When I got here in 2012, Seattle was a place that I felt I could call home forever. And obviously because of the Seahawks, and now because of the Sounders, it makes that really come to life,” Wilson said in a statement. “We’re really excited about building that winning culture. This city is a special place. The Pacific Northwest is a place we love and we get to raise our kids here and have a lot of fun while doing it.”

Winter is coming, and so is an uncharted economic abyss: Neil Macdonald

Governments have printed unimaginable amounts of money, inflating the money supply, since 2008. A bank in Denmark just offered the first negative-yield mortgage. Another recession is inevitable. What will we do this time? (Mark Blinch/Reuters)


The economic situation scares me. But then, I’m not an economist


Some economists seem to think that only a credentialed economist has the right to be utterly wrong about an issue of economics. Their contempt for amateurs — columnists with broad audiences, for example — would sear the lungs if inhaled.

So, because criticism just makes me feel so terrible, let me phrase a whole set of nagging worries as questions. Can we agree there are no stupid questions? Probably not. But let’s try anyway.

Question №1: How in heaven’s name did we arrive in a world where you must pay someone to borrow your money, and what does that mean to the punters? Like, um, me?

At the moment, there is more than $14 trillion US in negative-yielding debt extant in the world, meaning money is not just cheap, it’s on sale at a loss.

Let’s put that sum in perspective: Canada’s GDP in 2018 — the entire economic output of a G7 country — was about $1.7 trillion US. Fourteen trill is a huge chunk of global wealth.

Governments, many of them European, are actually offering — and investors are buying — bonds that are worth less at the end of five or 10 or even 30 years than their purchase price.


Negative-yield mortgage

FINALLY! Cracks in the façade of the mighty environmental industry machine, originating from a critical place – the inside



It has been said that the industry is under siege, being that it does not matter how much the world continues to require production. Modern climate activists are absolutely and perfectly and remarkably unable to detect their own overwhelming scent of irony and hypocrisy.

In this way, it is understood that suppliers of petroleum products have been waiting patiently for the world to come out of their hypnosis, to realize that the demands of climate activists in addition to the occasional politician, to immediately abandon fuels Fossils is a scenario of the end of the world for billions of people, at a massive cost time and for a cause that can be addressed in other ways. However, it has been indicated that the abyss in energy literacy between those who provide it and those who use it is astonishing, and no amount of fact-based comments seems to be able to penetrate the wall of fear and rhetoric of tastes that have been constructed.


The reality of the situation

ETF Gold Holdings Hit Highest Level Since March 2013



A publicly traded fund (ETF) is an investment fund traded on stock exchanges, just like stocks. An ETF owns assets such as stocks, commodities or bonds and generally operates with an arbitration mechanism designed to keep it operating near its net asset value, although occasionally deviations may occur. Most ETFs track an index, such as a stock index or a bond index. ETFs can be attractive as investments due to their low costs, fiscal efficiency and similar characteristics.

Now, ETF Gold Holdings reached the highest level since March 2013. And it is that gold holdings in gold-backed ETFs rose globally to the highest level in more than six years in July.

In this way, it is understood that gold-backed ETFs added 52 tons of gold last month, with net entries totaling $ 2.6 billion, at least, according to the latest data published by the World Gold Council. This way it has been said that this follows in the footsteps of a June increase that totaled 127 tons.


A supported level

Thursday 15 August 2019

Deadly blast at nuclear site: Was Putin testing a new intercontinental cruise missile?

A view shows flame and smoke rising from the site of blasts at an ammunition depot near the town of Achinsk in Krasnoyarsk region, Russia August 5, 2019. REUTERS/Dmitry Dub

US intelligence officials are competing to understand a mysterious explosion that emitted radiation on the coast of northern Russia last week, apparently during the test of a new type of nuclear-powered cruise missile acclaimed by President Vladimir Putin as the centerpiece of the Moscow arms race with the United States.

Even so, it is necessary to clarify that the US officials have not said anything publicly about Thursday’s explosion, possibly one of the worst nuclear accidents in Russia since Chernobyl, although apparently on a much smaller scale, with at least seven people, including scientists, confirmed dead. However, the slow and secret response of the Russian government has caused anxiety in nearby cities and towns, in addition to that, it attracted the attention of analysts in Washington and Europe who believe that the explosion may offer a vision of technical weaknesses in the new program of arms of Russia.


The accident

The World’s Best Places to Retire in 2019

Certainly, for many, there comes a time when they only think of looking for an answer to a really important question, “Where should I retire?” Is undoubtedly a question that is heard very frequently in International Living, therefore, every January is given to know a more definitive answer in the form of the Annual Global Retirement Index.

It could be said that the said withdrawal rate is established and maintained as the most complete and thorough survey of this type. And it is clearly one of the best ways to examine a large number of opportunities offered by the world, bring some order and help you identify the best destination for people who are involved in this question.

It should be noted that the research and production of the Global Retirement Index is now an annual rite that involves each member of the International Living team. That team has grown to cover the five continents.


Increasing knowledge depth

Woman breathalyzed by police in her own home wins court challenge against Trudeau’s new driving laws

Woman breathalyzed by police in her own home wins court challenge against Trudeau's new driving laws

A woman was subjected to breathalyzer by the police in her own home, but still wins a judicial challenge against the new Trudeau driving laws.

The Royal Canadian Mounted Police is the federal and national police force of Canada. The RCMP provides law enforcement at the federal level. It also provides provincial surveillance in eight of Canada’s provinces and local police by contract in the three territories (Northwest Territories, Nunavut and Yukon) and more than 150 municipalities, 600 aboriginal communities and three international airports. The RCMP does not provide provincial or municipal police surveillance in Ontario or Quebec.

Now, it should be noted that Lee Lowrie, who is a citizen of British Columbia challenged a breathalyzer forced by the RCMP, still won in court.


Outrageous situation

Asset Managers With $74 Trillion on Brink of Historic Shakeout



The industry that led to the investment of the Titans Peter Lynch, Bill Miller and Bill Gross face an existential crisis.

It could be said that, for years, family investors frustrated by the high rates and lower returns of renowned money managers have been transferring their savings to ultra-economic funds that simply mimic the returns generated by the benchmark indexes of stocks and bonds. The passive investment, as you know, was inside. The active one was outside.

Certainly at the beginning, few noticed the money dripping from the funds managed by star money managers in cheaper indexed products. However, currently, nobody can ignore the flood. The exodus of active funds has sent inexorably lower rates, led to the loss of thousands of jobs and forced large-scale consolidation among companies.


A push for the industry