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Differences between Saudi, UAE may fracture their alliance

The Crown Prince of Abu Dhabi and the Deputy Chief Commander of the Armed Forces of the United Arab Emirates (UAE) Mohammed Bin Zayed Bin Sultan Al Nahyan is perceived as the “mentor” of the de facto leader of Saudi Arabia Crown Prince Mohammad Bin Salman. King Salman’s ill health has led to the relegation of most of his responsibility to his son Prince Mohammad. He is by a stretch the most powerful leader in terms of economic and military might in the Middle East. He controls one of the richest entities in the world, Aramco, the state owned energy giant. Bin Salman is also the defence minister and the leader of the coalition currently battling armed insurgency in Yemen. […]

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Putin Slams US – “The Biggest Mistake Russia Ever Made Was To Trust You”

October 20, 2017 Tyler Durden 0

Russian President Vladimir Putin has not yet formally declared his intention to seek another term as leader of Russia, but many observers noted that a sweeping speech he gave at the Valdai Discussion Club in Sochi this week served as a template for his…

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CMHC CEO: Canadians have a debt problem

October 20, 2017 Adam Button 0

That home-equity credit card needs to be paid at some point
The Canadian Mortgage and Housing Corp is a government-backed lender, similar to Fannie and Freddie, and its CEO is worried about too many people using house-price rises to go into debt.
The p…