Hard hitting global and local news
The Financial Times reports Russia-Iran Nuclear Reactor Deal Raises Eyebrows . Russia has agreed to build eight new nuclear reactors in Iran in a deal raising eyebrows in Washington and Europe as fraught international talks to curb Tehran’s atomic ambitions near their deadline
"Brink" of a New Cold War? Another Cold War Already Started? Is McCain Brain Dead
More: Ukraine Split in Two; Expect Major Rebel Advance
Bloomberg reports Climate Model Predicts Very Cold Winter in Northern Hemisphere . About 14.1 million square kilometers of snow blanketed Siberia at the end of October, the second most in records going back to 1967, according to Rutgers University’s Global Snow Lab
For further discussion, please see Ruble Slide Continues; Russia Forced to Abandon Currency Intervention as Reserves Dwindle . Right for Wrong Reason
Money Won the Election! The Center for Responsive Politics projects the 2014 mid-term election will cost roughly $3.67 billion. When all is said and done, Team Red (all Republican candidates, parties, committees and conservative outside groups) will spend $1.75 billion on this election.
I watched the returns all evening from Start to finish, not that anything was much in doubt. I expected the Republicans would finish stronger than the polls suggested, and they did by a huge margin
Excerpt from: Sisyphean Fed Struggle to Create Inflation; Faber on Gross’ Deflation Theory, Japan’s Bond Ponzi Scheme, and Gold
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And without using the word lie, German Chancellor Angela Merkel warned UK could leave EU if David Cameron insists on migrant quotas . Germany would be prepared to accept that Britain will have to leave the European Union if David Cameron insists on restricting the number of immigrants from the bloc who can live and work in the UK. Mr Cameron’s bid to curb levels of migration from the EU is taking Britain to a “point of no returnâ€, according to Der Spiegel.