“We’re on a timeline that leaves little space for politicians to gamble with the expectation that economic benefits will eventually trickle down to the masses. And blunt attempts at banning technological platforms, including social media and cryptocurrency exchanges, can only buy so much time. This is a world that requires nations, corporations and individuals to think not in terms of quarterly reports or midterm elections, but in decades. For it is within this century that nations will have to rewrite a social contract with their citizens, whether that day of reckoning comes by force or by political will.” ~Reva Goujoin, Stratfor
CAF Note: This is a listing of stories that support my discussion with Dr. Joseph Farrell for News Trends & Stories Part I. Access audio files here
ECONOMY & FINANCIAL MARKETS
Story #1: The AI Invasion: The Giant Sucking Sound
- Ripple XRP vs. SWIFT – A Rivalry that Has Barely Started
- JP Morgan Is Unleashing Artificial Intelligence on a Business that Moves $5 Trillion for Corporations Every Day
- Las Vegas Casino Workers Prep for Strike Over Automation: “Robots Can’t Beat Us”
- Private Equity Firm Offers Cash-Strapped Connecticut $2BN for Government Buildings
- Human Society Isn’t Ready for Artificial Intelligence
- Google Abandons Pentagon’s AI-Drone “Project Maven” After Employee Revolt
- Artificial Intelligence for the American People
- AI Is So Important to Google It’s Rebranding Its Research Division
- Bilderberg 2018: New Tech Helps Oil the Wheels of the Global Elite
- Why Are For-profit US Prisons Subjecting Detainees to Forced Labor?
Story #2: Interest Rates Rise
- Fed on Track to Raise Rates Regardless of Emerging-Market Woes
- Stretched Dollar Risks Reserve Status
- The Eroding Purchasing Power of the Dollar and Its Implications for Consumption
Story #3: Building Fortress America
- New DARPA Program Plans to Patrol Cities with AI Drones
- The US Navy Is Developing Mothership Drones for Coastal Defense
- Watch Boston Dynamics’ Atlas Robot Evolve from a Stagger to a Sprint
- Boston Dynamics Unveils “Terrifying” Robot that Can Run, Jump and Climb
- Xponential 2018: Fort Benning to Become the “Robotic Centre of the Universe”
- Robots Replace Soldiers in First Breaching Exercise of Its Kind
- Bill Gates Backs Plan to Surveil the Entire Planet from Space
Story #4: The U.S. Dollar Index Holds the 92 Line
- India & Iran Drop Dollar in Oil Trade to Bypass US Sanctions – Report
- Dollar Gives Back Gains After Hitting 6-month High
- Europe to Ditch US Dollar in Payments for Iranian Oil – Source
- News and Views from the Nefarium – Including EU Clearing – May 17 2018
Story #5: Planet Equity–As Strong as Ever
- China’s Belt and Road Could Boost Global Trade by 12%, ING Says
- Chinese Stock Addition to Indexes Will “Change the Face” of Emerging Markets Investing on Thursday
- Trucking Company J.B. Hunt Revenue Beats Estimates
- Now the Good News: The U.S. Economy Has Been Waiting 10 years for Big Companies to Make Investments in Software, Factories and Equipment
- 14 States Hit Low Unemployment Records
- Boeing Stock Soars on Earnings, Lifting Dow
- Amazon Earnings More than Double, Sending Stock Toward Record Highs
- Apple’s Plan to Repatriate $285 Billion in Cash to the US Could Be a Big Boost for Investors
- Brooks on Tax Bill: Seems Like “What the Trump People Told Us Would Happen Is Happening”
GEOPOLITICS
Story #6: Tearing Up Net Neutrality and the AI Invasion
- The White House Has Set Up a Task Force to Help Further the Country’s AI Development
- 5 Things You Need to Know About Fake Net Neutrality
- (Blackburn) Congress’s Biggest Opponent of Net Neutrality Is Getting Destroyed in Midterm Election Polls
- California Net Neutrality Bill Sails Through Judiciary Hearing
- AT&T Defeats DOJ in Merger Fight, Opening the Door to Some Major Competitive Headaches
- AT&T Trickery Helps Kill California’s Looming Net Neutrality Law
Story #7: Trade Wars
- Russia Sells Half of Its US Treasury Bonds
- Russia Attacked US Debt, Because Trump Attacked Its Aluminium
- Where Did the Russian Portfolio of American Bonds Disappear to?
- It’s Trump Against the Developed World as G-7 Frays Over Tariffs
- China Issues Statement on Sino-U.S. Trade Talks
- Trudeau Announces Retaliatory “Dollar for Dollar” Sanctions Against the U.S.
- Wilbur Ross Delivers–No More Steel and Aluminum Tariff Exemptions for EU, Canada or Mexico (video)…
- Mnuchin: US-China Trade War “on Hold,” but NAFTA Still “Far Apart”
- U.S. Allies Hit Back at Washington’s Steel, Aluminum Tariffs
- Disclosure in the Caymans: Global Walls of Financial Secrecy Are Falling
- IMF: A Major Trade Rift Could Imperil Solid Global Economy
- Visualizing the U.S. States Most Vulnerable to a Trade War
- A Trade War Could Hurt Retail, Jobs and Opportunity
- China Taking the Long Road to Solve the Petro-yuan Puzzle
- Trump Gives Merkel an Ultimatum: Drop Russian Gas Pipeline or Trade War Begins
- European Leaders Revolt Against US Sanctions in Bid to Preserve Iran Deal
Story #8: Italy, Brexit, and the EU Puzzle
- UniCredit Pushes for Merger with SocGen, FT Reports
- Global Markets Descend into Contagious Panic as Italy Implodes
- Germany Creates Criminal Law that Applies to Small Business
- Italian Pension Crisis–a Blueprint for the Rest of Us
- Italy’s Political Crisis Has Become a Moment of Reckoning for Europe
- Italy’s Establishment Vetoes the Populists
- “UK Behaving like Saudi Arabia’: Geert Wilders Calls for Release of Tommy Robinson
- PM May Rebuts Foreign Minister’s Brexit Criticism
Story #9: The U.S. Elections and Swamp Drama
- Pressure on Michael Cohen Intensifies as Mueller Stays Focused on Trump Attorney
- DeSantis: Oversight Committee Should Investigate Debbie Wasserman Schultz, IT/Awan Brothers Scandal
- DOJ Watchdog Finds James Comey Defied Authority as FBI Director, Sources Say
- 28 FBI Agents Drop Hillary Investigation BOMBSHELL
- Justice Department Adding Over 300 Assistant US Attorneys
- Some U.S. States Taking Electoral Maps Out of Politicians’ Hands
- Harvey Weinstein and the Clinton Protection Racket
- Guccifer 2.0’s American Fingerprints Reveal an Operation Made in the USA
- Farrakhan on Trump: He Is Destroying Our Mutual Enemies
- House Republicans Call for Second Special Counsel
- A Dive into Washington’s Swamp
- Hillary Clinton to Get Harvard Medal for “Transformative Impact on Society”
- AT&T Cooperated with Mueller Investigation into Michael Cohen
- Reuters Poll: Black Male Approval for Trump Doubles in One Week
- Inside Erik Prince’s Return to Power: Trump, Bolton and the Privatization of War
- Documents Wasserman Schultz Wanted Hidden, Come to Light
Story #10: The Pension Fund “Crisis”
- The World Isn’t Prepared for Retirement
- The Case for a New Social Contract for Retirement
- CIO Scott Evans to Leave NYC Pensions at Fiscal Year-End
- Assessing the Risk of Fiscal Distress for Public Pensions: State Stress Test Analysis
- Retirement Plan Investing: Clearer Information on Consideration of Environmental Social and Governance Factors Would Be Helpful
- CBO Says Increased Retirement Contributions Would Save $109 Billion
- Harvey, the First Domino in Illinois: Data Shows 400 Other Pension Funds Could Trigger Garnishment – Wirepoints Special Report
- Puerto Rico Board Comes Out for Pension Reform
- Harvey Firemen’s Union Says Half the Department Laid Off After Court Orders Payment to Pension Fund
- When the City Goes Broke: Pensions, Retirees, and Municipal Bankruptcies
- Senators Young and Booker Call for Federal Commission to Review Private Retirement Programs
- California’s Brown Says Cities on Their Own as Pension Tab Rises
- State Won’t Ride to the Rescue over Local Government Pension Problems
Story #11: Asian Hot Spots: The South China Sea and the Silk Road
- The Rise of the Asian Consumer
- China’s Belt and Road Could Boost Global Trade by 12%, ING Says
- Prime Minister’s Keynote Address at Shangri La Dialogue (June 01, 2018)
- Alibaba Tops Revenue Forecasts, Investments Clip Margins
- Petro-yuan is the Newest Weapon for the China-Russia-Iran Anti-USD Alliance
- France, Britain to Sail Warships in Contested South China Sea to Challenge Beijing
- Hollywood Says China Will Soon Be World’s Top Film Market, as Ticket Sales Overtake US-Canada in 2018
- How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World
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