"The massive five-day annual exercise comes as Washington pushes what President Donald Trump has called a 'maximum pressure campaign' against Pyongyang over its nuclear programme. The exercise, named Vigilant Ace, starts on December 4 with 12,000 US personnel and an unspecified number of South Korean airmen flying more than 230 aircraft at eight US and South Korean military bases."
"Saudi Arabia’s crown prince this week called Iran’s supreme leader the 'new Hitler of the Middle East.' Salman also told The New York Times the war in Yemen was 'going in its favor.' The war, which has raged since 2015, has pitted a Saudi-led coalition backed by the U.S. against the Houthi rebels and forces loyal to Yemen’s ousted president. The war has left over 10,000 people dead, driven 3 million from their homes and destroyed the country’s already fragile infrastructure."
"There is no particular need –aside from red meat for the anti-immigrant base — to expel these law-abiding people who have made their home here for as long as seven years. Florida’s unemployment rate of 4.1 percent does not suggest that they have displaced U.S.-born workers. And the notion that these people can return to Haiti to enjoy a decent life is belied by the facts on the ground there. The lack of humanity is evident in the administration’s anti-family action. The hardship on those Haitians is immense, while the 'benefit' to the United States is nonexistent."
"Around seven million people are living on the brink of famine and four million have no access to clean water. Save the Children estimates that even before the blockade began around 130 children were dying each day and that more than 50,000 will have died by the end of 2017. The Saudi-led military coalition has also been bombing the Houthis for more than two years in support of the internationally-recognised Yemeni government, but there is no end in sight to the fighting. Both the US and UK have supported the Saudi-led coalition with logistics and intelligence, despite accusations that the coalition was guilty of war crimes for bombing civilian targets."
"'Buy bitcoin' is now a more popular search phrase than 'buy gold' on Google. The buzz is starting to impinge on gold’s role as a store of value especially since, like the precious metal, there’s a finite supply of bitcoin, which proponents say gives it anti-inflationary qualities. Sales of gold coins from the U.S. Mint slid to a decade low in the first three quarters months of 2017."
"Covered deposits no longer need to be protected, according to the European Central Bank (ECB), which has proposed this month to stop withdrawals when a bank is on the verge of failing. It has suggested the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in would no longer be available."
"Riyadh seems to have found the way to curb the budget deficit caused by lower oil prices. As the Financial Times report, Saudi officials are offering the arrested royals a deal – pay up to 70 percent of your wealth and go free. The Saudi government could appropriate hundreds of billions of dollars from the arrested to refill depleted state reserves, according to the media."
"The employer mandate is lucrative for the government. It is expected to bring in penalty payments of $207 billion over the next decade, according to projections by the Congressional Budget Office. Businesses will generally incur fines of around $2,000 per employee (excluding the first 30) if they do not offer qualifying coverage to nearly all of those who work an average of 30 or more hours a week. The penalty is activated if at least one employee then buys insurance on the health law’s marketplace and receives a subsidy for it. The per-employee fine increases each year, and can add up quickly: A company with 100 workers that ignored the law this year would owe a penalty of more than $158,000."
"The infrastructure-building, law-codifying, biopolitical states of antiquity are not the starting points of universal history for Scott, as they were for both Marx and liberal historians. They are instead a kind of usurpation of a longer and quite possibly richer human practice of mobility and freedom."
"Blocking licenses is a more aggressive weapon, and states are using it on behalf of themselves and the federal government. Proponents of the little-known state licensing laws say they are in taxpayers’ interest. But critics from both parties say the laws shove some borrowers off a financial cliff."