Markets....
Weekly Missive From Doug Noland "Kevin Warsh to Lead the Fed in a New Direction" + customary review of markets and key news.
Sounds so Macron-ish and so very expensive for Germany! #Germany's Merkel: Won't back shared Euro-Area debt 'without controls.'
Mkt madness continues. Global stocks gained another $2tn in mkt cap this wk. Now worth $87tn, highest in history, equals to 111% of glob GDP
Friday, October 6, 2017
US News....
Puerto Rico....
Gas trucks moving in Puerto Rico with police and military guards #muniland
Gov Rosselló said initial aid needs to start "with the right foot" in Congress, with a second wave of funding in January @CaribBusiness
HHS and Transportation Department representatives accompanied vice-president Pence during his visit to Puerto Rico @CaribBusiness
NOW: #Maria response update in Puerto Rico; hear directly from Gov @ricardorossello, & @FEMA & DoD officials: http://www.facebook.com/fema
.@ricardorossello inicia su reporte diario sobre labores de recuperación tras María. @ElNuevoDia @primerahora
Elon Musk, Puerto Rico governor agree to move forward on Tesla rebuilding Puerto Rico's power grid http://hill.cm/tr9Kw5I
Gov Rosselló announce several members of Congress will be visiting PR today. The visit was coordinated by Dept of Defense @CaribBusiness
Google to use solar-powered balloons to provide emergency cell service in Puerto Rico http://hill.cm/66JoeTC
Salud: Hay 66 hospitales funcionando, con 36 de ellos con servicio eléctrico. El @USNSComfort está recorriendo la isla @cbenespanol
To Gov. Mapp & @ricardorossello: I know with your leadership & the leadership of @POTUS, the best days for PR & the USVI are yet to come.
Gov @ricardorossello said he's expecting a phone call this morning from WH as a follow up on Vice-president's visit to PR @CaribBusiness
Gov @ricardorossello urges the diaspora to contact their congressmen to advocate for a proper initial aid for Puerto Rico @CaribBusiness
Distribution at the ports in Puerto Rico is at 88% @CaribBusiness
En general hay un 55.5% de acceso a agua potable pero en algunas regiones, el acceso a agua potable ronda en los 20% @cbenespanol
Gracias a todos los que continúan apoyando a Puerto Rico. Juntos nos levantaremos. #PRSeLevanta
.@PRNationalGuard en conjunto con equipo federal en PR realiza misiones a diario para garantizar la llegada de suministros a zonas distantes
Las Vegas.....
One anomaly resolved - Police have matched all the cell phone chargers found in the room w/ multiple cell phones that Paddock had with him.
We knew this was coming...
MGM is crosshairs of lawsuits for sure...
Going to be lots of lawsuits...
Background of Stephen Paddock keeps being developed , still no motive...
Hurricane Nate....
RIGHT NOW: Hurricane #Nate making landfall near the mouth of the Mississippi River - second landfall along MS Gulf coast later tonight.
Nate now making landfall at mouth of Mississippi River: National Hurricane Center. Set for 2nd landfall along Mississippi coast tonight.
Here are the 4 PM CDT Oct. 7 key messages for Hurricane #Nate. More info at http://hurricanes.gov/#Nate
This Hurricane is rolling ! 28 mph forward speed.....
JUST IN: Outer rainbands of Hurricane Nate are moving onshore in southeastern Louisiana, NHC says
HURRICANE NATE HAS SHUT IN 92 PCT OF U.S. GULF OF MEXICO OIL PRODUCTION - U.S. GOV'T
Hurricane #Nate quickly approaching Gulf Coast. Forecast to be Category 2 at landfall! Finish prep NOW! #LAwx #MSwx http://hurricanes.gov
MAXIMUM SUSTAINED WINDS...90 MPH...150 KM/H
PRESENT MOVEMENT...NNW OR 340 DEGREES AT 26 MPH...43 KM/H
MINIMUM CENTRAL PRESSURE...984 MB.
Forward motion increased to 26 mph ... will cover the rest of the trip to Gulf Coast in short order. Worst side will be eastern half.
Landfall of Hurricane Nate expected > 100 mph winds (Category 2) in next 18-hours. Eye currently forming under strong convection.
A STORM SURGE WARNING remains in effect for the Louisiana, Mississippi, and Alabama Coast. #LAwx #MSwx #ALwx http://www.nhc.noaa.gov/refresh/graphics_at1+shtml/092756.shtml?inundation#contents …
Hurricane Nate is rolling along at 22 mph , moving much quicker than Harvey, Irma or Maria.
Preparations along the Gulf Coast should be RUSHED TO COMPLETION this morning! Conditions deteriorate quickly this afternoon!!
Nate is continuing to strengthen- max sustained wind now at 85mph , central pressure at 986 MB.
MAXIMUM SUSTAINED WINDS...80 MPH...130 KM/H
PRESENT MOVEMENT...NNW OR 340 DEGREES AT 22 MPH...35 KM/H
MINIMUM CENTRAL PRESSURE...987 MB
Swampland....
Trump taking steps to sabotage ObamaCare after Republicans failed to repeal it http://hill.cm/5RuRpkG
Chamber of Commerce to Trump: Withdrawing from NAFTA would blow up in your face http://hill.cm/5INrKvX
California sues Trump for rollback of Obama-era birth control mandate http://hill.cm/j2VcAfB
Trump wants "equal time" on TV to respond to "anti-Trump" jokes http://hill.cm/xszwDbh
Democrats rush to distance themselves from Harvey Weinstein after sexual harassment allegations http://hill.cm/zPpsBMB
Europe.....
Germany...
Angela Merkel announces coalition talks with FDP and Greens https://trib.al/RRy0OWx
Manchester bombing: Salman Abedi's links to Germany probed by police https://trib.al/8r7WkVx
German rail services returning to normal after deadly storm http://dlvr.it/PsxtVj
France.....
Airbus chief warns of 'significant penalties' from bribery probes http://dlvr.it/Pszbj6
Three charged over makeshift gas canister bomb in Paris http://dlvr.it/Psz6Vm
Airlines in France may cut flights by 30 percent due to strike http://dlvr.it/Psy1fh
UK....
UK (Scotland): Independence Referendum, YouGov poll:
Yes: 44% (+1)
No: 56% (-1)
#indyref2 #Brexit #ScotRef
London Ambulance Service says 11 people injured in museum car incident, most with leg and head injuries: AP
LATEST: London police now no longer treating incident as a terror-related, say 'it is a road traffic collision'
One eyewitness account of the incident...
Horrible....
At least 7 people were injured after a car jumped pavement & deliberately mowed down pedestrians" outside the Natural History Museum. 1
A man has been arrested at the scene. He was pinned to ground by police in front of stunned tourists shortly after 2.20pm this afternoon. 2
Incident in Exhibition Road, near Albert Museum http://news.met.police.uk/news/incident-in-exhibition-road-near-albert-museum-266151 …
Quite right!
EU plays Labour off against UK Gov't...
Week review of key news...
Sturgeon in a pickle...
May Getting calls to sack Boris and reshuffle Cabinet...
Week review of key news...
Germany & France making "No Deal" more likely to occur.
I have heard from two senior Ministerial sources that if UK is forced to leave on a WTO rules basis EU will not get a penny or a cent. Nada!
Greece....
Tsipras Preparing for Oct. 17 Meeting with Trump in the White House http://dlvr.it/Pt1MSH #Greece
New Democracy Accuses Government of Lying http://dlvr.it/Pt1MZd #Greece
Tsipras Says Greece’s Adjustment Program will be Completed on Time http://dlvr.it/Pt1MHj #Greece
Greek ruling on bitcoin fraud suspect is illegal, says Russia http://dlvr.it/Pt0cCy
Social dividend concerns State General Accounting Office http://dlvr.it/Pt0c0y
Police seize around 6,000 counterfeit products in Athens raids http://dlvr.it/Pt0LyT
Action against foreclosures benefitting strategic defaulters http://dlvr.it/Psykkm
Spain.....
Seems like implementation of article 155 is imminent !
PSOE Head Sanchez reverses field on Catalonia-Spain dialogue....
2. Now the PSOE is demanding Puigdemont and the separatists "return to democratic legality" before any dialogue.
Not a good look by Unionists...
Dual demonstations today....
Demonstration for Spain...
Another company moves HQ to Madrid....
Dialogue demonstation today...
Odds & Ends...
North Korea....
Full statement #NorthKorea
BREAKING POTUS speaks about North Korea
Something must have triggered this response, been quiet recently.Has US Intelligence uncovered something? Up & coming missile launch perhaps
Will #NorthKorea make a shot at the US EEZ like they have previously with #Japan
Heavy cloud cover haunts most of the #DPRK this morning as holiday weekend continues.
South Korea on Alert Amid North Korea’s Plans to Fire Long-Range Missile – Government https://sputniknews.com/asia/201710071058026391-south-korea-north-korea-test-fire-missile-alert/ …
Oct 2010, 14 months before his death. To KJI's right is Kim Yong-nam, who at age 90 is still alive: those to Kim Yong-nam's right aren't.
The inscription below says: "Great Leader Kim Jong-Il was brilliant & talented. He was a genius political philosopher"
KJI providing guidance to the KWP Propaganda & Agitation (AgitProp) Dept: that's the actual name of the dept that feeds lies to N Koreans
NK releases commemorative pictures ahead of the WPK's 72nd founding. This is April 1972, when KIS (with beret) was 60 and KJI (right) was 31
Odd circumstances here....
This whole situation was bizarre....
Russia.....
Russia police arrest > 100 opposition activists Saturday for protesting in support of jailed opposition leader Alexei Navalny.
Iran.....
Iran not backing down one bit...
Iran's Foreign Minister Zarif slams US 'addiction' to sanctions http://aje.io/8we3z
POTUS NAT SEC Team devises plan to decertify JCPOA while stopping short of pushing Congress to reimpose sanctions on Tehran.
Saudi Arabia...
2 Saudi guards killed & 3 others wounded Saturday morning when a man drove up to the gate of the royal palace in Jeddah and began shooting.
ATTACK REPORTED ON SAUDI ROYAL PALACE IN JEDDAH, KILLING TWO GUARDS -INTERIOR MINISTRY
Still no official Saudi Gov't comment...
KSA items- Attacker killed in foiled Royal Palace assault.
Report: Gunmen attack king’s Palace in the #SaudiArabia’s city of Jeddah.
Syria...
Reports of Coalition/US aircraft crash/collision in Syria is FALSE. All Coalition/US aircraft accounted for.
SAA recaptured all areas north of Sukhnah. But the highway is still closed according to Oleg Blokhin
Map: http://SyrianCivilWarMap.com
But... the joint Turkish-Russian ops means a lot = new military alliance formed+ #USA is excluded & not trustworthy+
UPDATE - President Erdoğan announces start of Idlib operation http://bit.ly/2hWYYaU
Military Situation in Central and Eastern #Syria
till October 7, 2017
#SAA reached to strategic town of #Mayadin
HD:http://iswnews.com/media/2017/10/East-Syria-7oct17-15meh96.jpg …
Turkey....
Ekim Alptekin, who hired retired Gen. Flynn’s firm as lobbyist, provided testimony to Special Counsel Mueller last May, acc to Turkish Media
Mueller team later in summer subpoenaed Alptekin for a formal testimony in front of a grand jury, saying Alptekin’s statement was misleading
Alptekin denies that he paid to Flynn’s firm through the Turkish state funds, he says it was his own money. Mueller team doesn’t believe
Alptekin decided to resign from the chairmanship of Turkey - US Business Council due to the ongoing investigation, acc to Turkish media
Repression watch...
Barzani reaches out to Baghdad to talk...
Turkish court arrests man over murder of Syrian activist, journalist daughter http://bit.ly/2hUlyAC
UPDATE - Erdoğan, Macron discuss developments in Syria, Iraq http://bit.ly/2hWYYaU
Iraq.....
In Slemani ,President Barzani met both Iraqi Vice Presidents, Nujaifi& Allawi. After exchanging views on latest developments, there is an initial agreement for having dialogue, rejecting collective punishment from Baghdad on Kurdistan People after the referendum.
Barzani reaches out to Baghdad to talk...
Just-in: Turkish president Recep Tayyip Erdogan & French counterpart Emmanuel Macron held phone call,discuss Kurdish referendum
Libya....
Still no fuel for south; Misratan forces believed to be blocking deliveries - https://www.libyaherald.com/2017/10/07/still-no-fuel-for-south-misratan-forces-believed-to-be-blocking-deliveries/ …
Clashes in east Tripoli - https://www.libyaherald.com/2017/10/06/clashes-in-east-tripoli/ …
#Misrata Youth Caucus demands the exit of the 'Defense Brigades' and 'Shura Council' groups from the city. #Libya
http://alwasat.ly/ar/news/libya/155109/ …
#Italy FM Alfano renews support for efforts by UN envoy Salamé in #Libya
http://alwasat.ly/ar/news/libya/155088/ …
#Libya's House of Representatives welcomes the liberation of #Sabratha
http://alwasat.ly/ar/news/libya/155102/ …
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