Henri Matisse The painter and his model 1916-17 • China’s Biggest Risk May Be Its Property Market – Not The Trade War (CNBC) • Why Do American CEOs Get Paid So Much? (Galbraith) • Trump Says It Is ‘Dangerous’ For Twitter, Facebook To Ban Accounts (R.) • Trump Worries That Mueller Interview Could Be A ‘Perjury Trap’ (R.) • Trump Demands Fed Help On Economy, Complains About Interest Rate Rises (R.) • UK’s Hunt To Call On Trump To
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Pablo Picasso Science and Charity 1897 I thought I’d make list of things we can expect to emanate from the White House over the coming year or so. I’m sure you will agree, wherever you stand on the political roller coaster, that there’s little chance things are going to be boring going forward. Here goes: Trump will end the ‘monopolies’ of Facebook, Google, Twitter et al. The intelligence community will hate this, but they already hate him anyway,
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Henry Bacon General View of the Acropolis at Sunset 1927(?) • It’s Not Turkey, It’s The Debt Cycle (Steen Jakobsen) • Turkish Firms, Government Face $3.8 Billion Bond Crunch In October: SocGen (R.) • David Stockman: ‘Unhinged White House’ To Cause Stock Market Crash (CNBC) • Trump Is The Unsung Hero Of The World Economy (CNBC) • Greece’s Bailout Is Finally At An End – But Has Been A Failure (G.) • End Of Greek Bailouts Offers Little Hope
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Pablo Picasso Portrait of Ambroise Vollard 1910 • Anatomy of a Crisis: A Strong Dollar and Disappearing Liquidity (Palisade) • Speculators Will Make Hay From Great Australian Economic Crash (Steve Keen) • Judge Rules FBI Must Address Measures Taken To Verify Steele Dossier (ZH) • White House Counsel “Cooperating Extensively” With Obstruction Probe (ZH) • Erdogan Says US Has Launched ‘Attempted Economic Coup’ (Ind.) • No-Deal Brexit May Force Rethink Of Vote – Ex-Civil Service Head (PA) • Putin
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Vincent van Gogh Portrait of Doctor Félix Rey, Arles. Rey disliked his portrait and gave it away 1889 • Furor Over Revoked Security Clearance Grows As Trump Said To Threaten More (G.) • What Was Bruce Ohr Doing? (Strassel) • US Special Counsel Recommends Six Months In Prison For Papadopoulos (R.) • CNN Sues Government To Get Names, Addresses Of Manafort Jurors (TF) • The Three-headed Monster (Kunstler) • Trump Pushes For SEC To End Quarterly Earnings Reports (G.)
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William Hogarth Humours of an Election, Plate 2 1754 Two thirds of Americans want the Mueller investigation (inquisition, someone called it) over by the midterm elections. Trump lawyer Rudy Giuliani has said that if Mueller wants to interview Trump, he’ll have to do so before September 1, because the Trump camp doesn’t want to be the one to unduly influence the elections. Mueller himself appears to lean towards prolonging the case, and that may well be with an eye
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Pablo Picasso Brick factory at Tortosa 1909 • Emerging Markets and US Treasuries (Albert Edwards) • Asia the Next Source of Downside Systemic Risk for Financial Markets (WS) • Trump Says US ‘Will Pay Nothing’ To Turkey For Release Of Detained Pastor (R.) • Lira Rallies As Turkey Pledges Spending Cuts To Avoid IMF Bailout (G.) • Turkish Tremors Will Cause Shocks In Britain (Times) • $125,000: The Pension Debt Each Chicago Household Is On The Hook For (WP)
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Vasily Polenov Moscow courtyard 1878 • Turkish Lira Rallies As Qatar Makes $15bn Loan Pledge (G.) • Turkey Slashes Capacity Of Banks To Bet Against Struggling Lira (CNBC) • Turkey Joins Russia In Liquidating US Treasuries (ZH) • Turkey Wants Its Share Of Syria’s Reconstruction (AlM) • Italy, Not Turkey, Is The Biggest Threat To European Banks (CNBC) • RBS Bankers Joked About Destroying The US Housing Market (G.) • Elizabeth Warren Unveils Bold New Plan To Reshape American
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Salvador Dali The Madonna of Port Lligat 1950 On August 15, Greeks celebrate the “Dormition (or the Assumption) of the Virgin Mary (in Greek: Koimisis tis Theotokou). The holiday commemorates the “falling asleep” or death of the Theotokos (Mary, translated as “God-bearer”). August 15, one of the most important holidays in the Orthodox calendar, is celebrated across the country, and is a date when many Greeks leave the towns and cities where they live and work to return to
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Paul Signac Maison de Van Gogh Arles 1933 • Two Greek Soldiers Released From Turkish Jail Return Home (K.) • Turkey Shows Damage Of Fading World Order (R.) • Turkey Hikes Tariffs On Imports Of Selected US Products (AFP) • US Household Debt Rises To $13.3 Trillion In Second Quarter (R.) • Has Bezos Become More Powerful In DC Than Trump? (VF) • Trump Criticizes Some Russia Provisions Of Defense Bill (USAT) • Tonga PM Calls On China To
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