Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger
Partners in crime.
Partners in crime.
After months of political deadlock, the House of Commons voted by 413-202 last week to ask the EU to delay Britain’s exit. Prime Minister May has simply refused to listen to advice and keeps hoping that Parliament will surrender to her. Normally, after such a defeat, Prime Ministers would resign. But May withstood a no-confidence vote last year and cannot be challenged until December 2019. If the EU tries to force Britain to surrender, then there remains the risk of a hard-exit come March 29th, 2019. The EU is fighting for its survival. To see Britain crumble would bring them great joy and they could use this against Italy or anyone one else who dares to think about leaving. Indeed, in recent days there has been a chorus of warnings coming from the key EU figures. They are kicking Britain when it is politically impotent and they are demanding that any British request for an extension of the two-year negotiating period must come with a “credible” plan for next steps. This appears to be deliberately trying to force Britain to capitulate and remains in the EU as a second rate member at best. The European Council president, Donald Tusk, has said the EU wants a “reasoned” request for an extension, while Guy Verhofstadt, the European Parliament Brexit co-ordinator, said there must be a “clear opinion” from the House of Commons on what it really will accept. The vote in itself won’t prevent Britain from a hard exit. Actually, under the law, Britain will leave the EU on March 29th, with or without a deal. What the Eu is now gambling on is that Britain will be unable to come up with any plan that they would accept so they hope the stark choice between a hard-exit and an outright cancelation of Brexit altogether will mean the EU wins with the latter.
— Read on www.armstrongeconomics.com/international-news/britain/britain-hard-exit-or-cancellation-of-brexit/
They are trying to usurp the voters in the U.K.
For someone unable to fulfill the most basic of his immigration promises, Trump has been amazingly competent in accomplishing the things Wall Street wanted, but no one else did.
— Read on www.takimag.com/article/trump-by-the-numbers/
Not good
Why is French democracy so prone to violence? – UnHerd
— Read on unherd.com/2019/03/why-is-french-democracy-so-prone-to-violence/
The protests continue
More good news.
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Trump Knocks Mueller Out of the Ring.
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Boeing 737 Max 8 Is automated safety going too far? Apparently, there was a screw-like device found in the wreckage in Ethiopia that has provided investigators with an early clue into what happened. This jackscrew was used to set the trim that raises and lowers the plane’s nose. It indicates the jet was configured to dive. This evidence persuaded U.S. regulators to ground the model. There are a lot of added features that pilots were not fully aware of. Even in our cars, there are features they do not tell you about. I have a Porsche. I pulled into my driveway and shut off the car but the stick was not completely in the park position. When I came out the next day, the battery was dead. My neighbor found the same thing happens when he travels. He has to keep his car plugged in because even when these newer cars are turned off, they are not completely off. It is still running programs and reporting back to a central computer. This is like Windows, which constantly wants to update so it can extract all your searching. Why does a car need to always be in touch with the manufacturer to the point that you cannot go on a trip and come back a couple of weeks later without discovering your battery is dead? Do we have to pop the hood and disconnect the battery before we take a trip? Technology has advanced, but it is now being abused.
— Read on www.armstrongeconomics.com/world-news/technology-world-news/the-boeing-737-max-8-grounding-has-technology-gone-too-far/
THE WOLF STREET REPORT | Wolf Street
— Read on wolfstreet.com/2019/03/17/the-wolf-street-report-whats-really-causing-the-gigantic-u-s-trade-deficit/
Trumps new budget shows he is serious about draining the swamp.
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Mar 17, 2019 08:53:37 AM – https://t.co/yvJpMzy3R4
Mar 17, 2019 08:44:25 AM – ….to the people that got you there. Keep fighting for Tucker, and fight hard for @JudgeJeanine. Your competitors are jealous – they all want what you’ve got – NUMBER ONE. Don’t hand it to them on a silver platter. They can’t beat you, you can only beat yourselves!
Mar 17, 2019 08:43:17 AM – https://t.co/gj32A6PowS
Mar 17, 2019 08:33:03 AM – ….must stay strong and fight back with vigor. Stop working soooo hard on being politically correct, which will only bring you down, and continue to fight for our Country. The losers all want what you have, don’t give it to them. Be strong & prosper, be weak &…
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Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination.
— Read on www.reuters.com/article/us-commerzbank-m-a/deutsche-bank-set-to-announce-merger-talks-with-commerzbank-source-idUSKCN1QY0B4
Steinhoff Committed $7.4 Billion in Fraud (at least). Here’s How | Wolf Street
— Read on wolfstreet.com/2019/03/16/how-steinhoff-committed-7-4-billion-in-fraud/
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