The Fed needs to ‘rip off the Band-Aid’ and hike interest rates by 150 basis points, Wells Fargo strategist says

Federal Reserve Chair Jerome Powell. Chip Somodevilla/Getty The Federal Reserve should consider a 150-basis-point rate hike, a Wells Fargo strategist said. "Why not just rip off the Band-Aid — let's get there in one day," Michael Schumacher told CNBC. Most economists expect the Fed to raise interest rates 75 basis points after the conclusion of […]

Trump’s craving for more nukes a ‘rip off’ that only benefits military industrial complex

The Trump administration’s blueprint for building more nuclear warheads to contain “strategic competitors” is a “rip-off” that only benefits manufacturers, not the American people, foreign policy analyst Robert Naiman told RT. The plan to expand the US low-yield nuclear arsenal, outlined in the draft of the upcoming Nuclear Posture Review leaked to the media, is […]

‘Rip open the skies!’ Israeli agriculture minister calls for mass prayer to end drought

Published time: 24 Dec, 2017 22:32 With Israel facing another dry winter, its agriculture minister is thinking unconventionally and has invited farmers and the general public for a mass prayer at the Western Wall with hopes it will finally “rip the skies open.” “Unfortunately, after four years of drought, we’ve only had a little bit […]

Russia’s new ICBMs can ‘rip apart’ US anti-missile systems – Deputy PM Rogozin

Russia is constantly improving its nuclear deterrence and is very close to deploying new technologically-advanced intercontinental ballistic missiles which can defeat any US missile defense systems, a Russian deputy prime minister said in an interview. “These weapons will soon appear in our armed forces,” Dmitry Rogozin told Rossiya-1 TV on Sunday. While not naming the […]