Free Republic

Texas Governor Greg Abbott had a blunt response to learning that LGBTQ+ groups have written to the United Nations to complain about suffering from "systemic" discrimination in the Lone Star state. Dismissing the international organization with a six-word post on X, formerly Twitter, Abbott wrote: "The UN can go pound sand." His comment comes after Texas passed a string of laws that critics consider discriminatory against LGBTQ+ people. Seven new laws in particular have drawn the ire of some gay and transgender organizations and human rights groups, which joined forces to write a letter to officials at the U.N. "to...

Modernism is a reactionary culture, a fact that I demonstrated by pointing in detail to the works of a dozen leading Modernist figures including T.S. Eliot, Ezra Pound, James Joyce, W.B. Yeats, Pablo Picasso, and others. In all of these writers and artists, there was a similar rejection of all that is truly modern: a democratic capitalist society in which ordinary citizens seek freedom and opportunity for themselves and their families, including economic, religious, and political liberty.

LONDON, Jan 10 (Reuters) - Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain's Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast of advances in financial technology. The finance ministry is due to launch in the coming weeks a public consultation on the attributes of a digital pound.

The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of the Bank of England's emergency bond-buying programme. The yen hit a trough of 146.98 per dollar overnight - its lowest The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of the Bank of England's emergency bond-buying programme. The yen hit a trough of 146.98 per dollar overnight - its lowest since August 1998 - and last...

SYDNEY, Sept 26 (Reuters) - Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain's plan to borrow its way out of trouble, with spooked investors piling in to U.S. dollars. Broadening worry that high interest rates will hurt growth hit Asia's currencies and equities too, with exporters from Japanese carmakers to Australian miners hit hard. The pound plunged nearly 5% at one point to $1.0327, breaking below 1985 lows. Moves were exacerbated by thinner liquidity in the Asia session, but even after stumbling back to...

WND Staff By WND Staff "Defund the police" has been a common battle cry of Marxists and Democrats across America over the last year as several cases have developed in which there have been accusations of police misbehavior

On November 3, the Egyptian Central Bank removed all exchange-rate restrictions and raised its benchmark rate by three percentage points. This was done to obtain that all-important $12-billion bailout loan the IMF had provisionally agreed to provide in August, though by November 3, the IMF’s executive committee still hadn’t ratified it. In the unofficial market, the pound had already collapsed against the dollar. With the peg gone, the official exchange rate instantly plunged from 9 pounds to the dollar to over 15 pounds to the dollar, and four days later it was at 18 pounds. On November 11, the IMF...

The Canadian dollar has posted gains on Monday session, continuing the upward trend which marked the Friday. USD/CAD is trading at 1.2860. The Canadian dollar posted strong gains on Friday, which was somewhat surprising as Canadian markets were closed for Canada Day. US markets are closed on Monday for Independence Day, so there are no scheduled US events. Canada will publish Manufacturing PMI and the BoC Business Outlook Survey. With the financial markets understandably focused on the stunning Brexit vote, the Federal Reserve’s monetary policy has shifted to the back-burner. That could change later this week, with the release of...

After a modestly stronger open, which saw sterling rebound to just under 1.35, the British currency has taken another sharp leg lower in recent trading tumbling another 3%, to a low of 1.3224 - taking out Friday's post-vote lows when the currency plunged over 8% - and dropping to fresh 31 year lows, as it remains under heavy selling pressure as of this moment.

Markets around the world have been roiled by the shock result: In Japan the Nikkei 225 was down some 7.5 percentSterling has fallen 10 percent against the dollar and 3.35 percent against the euro.The prices of Brent and WTI have both dropped some 5.8 percent.The yield on the 10-year U.S. Treasury bond has fallen 12.5 percent.Dow futures now down 700 points

Live coverage of the result of the EU referendum. This is a live BBC stream starting at 21:55 BST.

Mark Carney will try to devalue the pound by as much as 15 percent after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, PIMCO, the world’s largest bond house, has warned. Growth in Britain is going to remain “challenged” for the next three to five years as the Government continues to shrink the public sector and cut the budget deficit. As banks and households also grapple with their excessive debts, “that leaves one policy tool outstanding, which is basically the currency”, PIMCO managing director and sterling bond head...

On April 8, House Democratic leader Nancy Pelosi headlined a Boston conference on ''media reform.'' She was joined by four other congressmen, a senator, two FCC commissioners, a Nobel laureate and numerous liberal journalists. The 2,500-person event was sponsored by a group called Free Press, one of more than 180 different media-related organizations that receives money from liberal billionaire George Soros. Soros, who first made a name for himself in investing and currency trading, now makes his name in politics and policy. Since the 2004 election, the controversial financier has used his influence and billions to push a laundry list...

Sir Winston Churchill will feature on the new design of a banknote which will enter circulation in 2016, the Bank of England has announced. The wartime leader's image is planned to feature on the reverse of the new £5 note, together with one of his most celebrated quotations. Churchill was chosen owing to his place as "a hero of the entire free world", said Bank governor Sir Mervyn King. The current face of the £5 note is social reformer Elizabeth Fry.

Daniel Hannan speaking in the debate on the conclusions of the European Council meeting (8-9 December). The debate took place during the European Parliament plenary session in Strasbourg this week.

On Oct. 4, Jason Dubin drove to La Guardia Airport to pick up the newest member of his household. Six days after that first happy meeting, Mr. Dubin returned to La Guardia with that same member, a German shepherd named Emmi, and sent her on a Continental Airlines flight to Seattle with a one-way ticket. “I just couldn’t control her anymore; it was just time to part ways,” said Mr. Dubin, who made the drive from his Port Jefferson home on Long Island as Emmi, who is 5, fidgeted and barked in the back seat. Mr. Dubin had bought the...

Believe it or not Ripley! The People’s Bank of China(PBOC) recommended yesterday that 1 billion Chinese consider buying gold as a hedge against inflation and to preserve values in a world where currencies can fall. The PBOC Financial Markets Review came out just as several major currencies were indeed declining in value against gold; the dollar,1%, the Swiss franc,2.5%, t he British pound, 2%, and the Japanese yen, 2%. Wow! Be like the Fed telling you to buy oil stocks or crude oil futures due to expectation higher gasoline prices this summer. So, add the PBOC to other secular influences...

The airplane starts accelerating down the runway. In the flight deck, Captain Paul Stemer feels the weight of the situation. "It's a lot of mass, a lot of energy. I have to stay ahead of it." It's up to Capt. Stemer to command RC521, the second 747-8 Freighter, into defying gravity and lifting more than 1 million pounds into the air. It's a feat neither he nor any Boeing Flight Test pilot before him has ever attempted. While the airplane gathers speed, 100 knots, 120, 140, now 160 knots, the amount of available runway quickly evaporates. RC521 still needs to...

Average petrol prices have risen to an all-time high of 120p a litre, eclipsing the previous peak of 119.7p seen in July 2008, new figures show. Revealing the data, the RAC said it was a "dark day for motorists". The record high is partly down to soaring wholesale costs, with the price of oil hitting an 18-month high earlier this week. UK drivers have also been hit by the weaker pound pushing up wholesale petrol costs, as well as fuel duty hikes from the Government.

First the euro, now the pound. Britain's currency is coming under massive pressure as speculators bet that the UK's national debt will soon get out of hand. Like Athens, London has its share of problems -- and the Brits don't have any euro zone partners to back them up. Schadenfreude may be a German word, but it has never been a foreign concept in Great Britain -- particularly in recent months as the British watch the trials and tribulations of the European common currency, the euro. The budgetary and debt problems facing Greece, Portugal, Italy, Ireland and Spain have merely...