It is the 17th of November 2018

News

Top Dems Melt Down Over Whitaker-Mueller "Unconstitutional" Oversight

Top Democrats encouraged the Justice Department's top ethics official to disclose whether he thinks newly appointed acting Attorney General Matthew Whitaker should recuse himself from overseeing the Russia investigation. 

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The "Nightmare Scenario" For Beijing: 50 Million Chinese Apartments Are Empty

Back in 2017, we explained why the "fate of the world economy is in the hands of China's housing bubble." The answer was simple: for the Chinese population, and growing middle class, to keep spending vibrant and borrowing elevated, it had to feel comfortable and confident that its wealth would keep rising. However, unlike the US where the stock market is the ultimate barometer of the confidence boosting "wealth effect", in China it has always been about housing as three quarters of Chinese household assets are parked in real estate, compared to only 28% in the US, with the remainder invested financial assets.

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Israel Conducts Daring Special Forces Raid Deep Into Gaza, Kills Top Commander

Major Israeli operations occurred in the Gaza Strip in the night hours of Sunday during which Palestinian medical sources say at least 6 people have been killed in what was a daring Israeli elite forces raid that breached about 3 kilometers into Palestinian territory.

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