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Trump: My base is stronger than ever, despite 2020 rumblings

President Donald Trump is insisting his support is stronger than ever, despite a report that some Republicans are weighing a 2020 presidential run without him

Would-be Eiffel Tower attacker undergoing psychiatric exam

A French 19-year-old who tried to attack security forces at the Eiffel Tower is undergoing a psychiatric examination to help determine whether he is fit for prosecution on terrorism charges

Security situation in focus at Higher Defense Council meeting

President Michel Aoun will chair a meeting of the Higher Defense Council on Tuesday, the office of the presidency announced Monday

Jordanian king in rare visit to Palestinian president

Jordan’s King Abdullah II began a rare visit to the occupied West Bank to meet Palestinian president Mahmud Abbas on Monday, amid shared tensions with Israel over a flashpoint Jerusalem holy site.

2 members of Russian punk band Pussy Riot detained

Two members of the Russian feminist punk band Pussy Riot were detained Monday after a protest outside the prison colony where a Ukrainian filmmaker is being held

North Korea Refuses To Negotiate, Threatens US With “Severe Nuclear Lesson”

For all the hope that this weekend’s UN breakthrough, in which the Security Council voted unanimously 15-0 to impose $1 billion in sanctions on North Korea exports, that saw both China and Russia side with the US, it appears that North Korea refuses to even contemplate a negotiation or a cooling of tensions. As the following headlines suggest, a retaliation remains a real possibility. NORTH KOREAN FOREIGN MINISTER: PYONGYANG WILL ‘UNDER NO CIRCUMSTANCES’ NEGOTIATE ON ITS NUCLEAR WEAPONS NORTH KOREA SAYS IT’S READY TO TEACH U.S. ‘SEVERE LESSON’ WITH NUCLEAR STRATEGIC FORCE IF IT TAKES MILITARY ACTION NORTH KOREA TOP DIPLOMAT SAYS NO NEGOTIATIONS ON ITS NUCLEAR & MISSILE PROGRAM UNLESS U.S. GIVES UP HOSTILE POLICY TOWARD PYONGYANG: This was North Kore...

Tesla To Raise $1.5 Billion In Bond Offering

Just days after reporting its biggest quarterly cash burn in history, Tesla announced on Monday it plans to raise about $1.5 billion in new cash, although in a welcome change for equity investors, this time it decided against an equity or convertible sale, and will offer bonds instead to take advantage of the insatiable bond market, as the carmarker seeks to ramp up production of its latest Model 3 electric vehicle. Tesla had over $3 billion in cash on hand at the end of the June quarter, compared with $4 billion at the end of the previous quarter and $3.25 billion a year earlier. The debt offering comes as Tesla has reportedly received thousands of advance reservations for the Model 3, which Elon Musk said were averaging at about 1,800 per day since the car’s launch in late July. Te...

SocGen: Stock Valuations Remain “Remarkably High” Yet Nobody Cares

As discussed earlier, with most traders taking the next 1-2 weeks off for vacation, global markets remain on auto pilot, hitting new all time highs overnight driven by strength out of China where reflationary spirits have returned after industrial commodities surged on speculation that the PBOC’s recent attempt to contain excess liquiduity have failed (explaining the 3 consecutive days of reverse repo drains). Meanwhile, as SocGen’s Andrew Lapthorne writes, global equity markets continue to move higher, with both MSCI Developed and Emerging adding 0.4% last week. DM Is now up 12.4% in 2107 and EM an impressive 23.8% higher. Most markets saw gains last week, with Europe playing catch-up, having tracked down or sideways for the last few months. In local currency terms, the Eurozo...

Taylor Swift in federal court over groping allegation

Taylor Swift might turn up in a federal court in Denver on Monday as lawyers for the pop star and a Colorado radio personality start jury selection for dueling lawsuits over whether the former disc jockey groped her four years ago during a photo shoot.

Taliban, Daesh jointly massacred 50 civilians: Afghan officials

The Taliban and Islamic State group jointly massacred dozens of civilians in an Afghan village, officials said Monday, highlighting rare co-operation between the insurgents that could increase the strain on Afghanistan’s beleaguered security forces.

Saraya Ahl al-Sham rebels to leave Arsal soon: sources

Around 3, 000 Syrian refugee including rebels belonging to a Free Syrian Army-affiliated group will be leaving Lebanon this week, sources said Monday

UAE’s main oil company in talks over offshore oil stakes

The United Arab Emirates’ main state oil company says it plans to divvy up its offshore oil operations and is in “advanced discussions” with multiple companies interested in stakes.

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