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Iraqi troops face tough fight in western Mosul

  US Defense Secretary Jim Mattis in Iraq as forces of the war-torn country embarked on major air-and-ground offensive to drive IS extremists from western Mosul. Iraq’s second-largest city Mosul fell into the hands of the extremists in the summer of 2014, when the group captured large swaths of northern and western Iraq. Iraqi army, special operations forces, and federal ...

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How to explain divergence of global interest rates

  Global bond markets trade on variables such as currency valuations, global fund flows, inflation expectations and monetary policy that can determine the level of interest-rate differentials. Recently these differentials have widened dramatically, specifically in developed markets such as Japan, the UK and Germany, relative to the US. There are multiple theories about why these differentials exist and how they ...

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Where flying cars might take us!

  I’ve always thought that the fastest way to get flying cars would be to spread rumors that China built one first. Well, Dubai’s Roads and Transport Authority just announced that they have a Chinese-made flying car, and intend to put flying taxis in service this summer. Meanwhile, we’re still anticipating the flying cars promised by Uber Inc., Airbus Group ...

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