BEIRUT — Jihadist fighters from the Islamic State of Iraq & Al-Sham seized at least one cache of weapons airdropped by U.S.-led coalition forces that were meant to supply Kurdish militias battling the extremist group in a border town, activists said Tuesday.
The cache of weapons included hand grenades, ammunition and rocket-propelled grenade launchers, according to a video uploaded by a media group loyal to ISIS.
The Bank of Canada admitted on Wednesday that Canada was in Recession. Well sort of.Bank of Canada Governor Stephen Poloz is afraid to speak the "R-Word". Instead, Poloz phrased it this way: "Real GDP is now projected to have contracted modestly in the first half of the year."Shades of Voldemort
My main focus on the Greek crisis is how it will impact the global economy, and especially the United States, but nobody covering this issue can avoid the morality lessons. First, Greece borrowed too much. That’s bad. Second, Greece cooked its books to conceal the magnitude of its deficit spending. That, too, is bad. Third, other European countries knew that Greece was doing this, but ignored it so as not to embarrass them or weaken the European Monetary Union. That may have been the worst error of them all.
By Expected Growth:One of the best ways for investors to generate alpha is to identify companies that are under the radar of Wall Street. This means staying away from popular companies such as Google and Apple that have been analyzed to death. Instead, investors may want to focus their attention on small-cap companies that present an attractive risk/reward opportunity.
Ever since the Polish Law and Justice party (PiS) party won elections in October on a Eurosceptic platform, relations between the formerly staunchly pro-Europe Poland, and the European Union have been on a sharp downhill slide, and earlier today they hit a rock bottom when Poland's justice minister dismissed an EU commissioner's criticism of new media regulations as "silly" in a confrontational letter which according to Reuters, "marked a low in the new government's relations with the bloc and the commissio