The victory of François Fillon in France’s center-right presidential primary is the latest sign that a tectonic shift is coming to the European order: toward accommodating, rather than countering, a resurgent Russia.

Since the end of World War II, European leaders have maintained their ever-growing alliance as a bulwark against Russian power. Through decades of ups and downs in Russian-European relations, in periods of estrangement or reconciliation, their balance of power has kept the continent stable.

Read the Full Article: Source – The New York Times
Time For Truth: (The New York Times) – French Election Hints at a European Shift Toward Russia

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If AT&T completes its colossal acquisition of Time Warner, the combined company will in some ways look more like a bank than a media conglomerate.

The balance sheet of the merged company would have so much debt on it — about $175 billion — that it would exacerbate its position as the largest nonbank corporate issuer, and make it bigger than some financial institutions.

Read the Full Article: Source – The New York Times
Time For Truth: (The New York Times) – To Secure a Mega-Merger, AT&T Plans to Shoulder Mega-Debt

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This week India-Russia relationship moved from being ‘special’ to regular. As Russian troops landed in Pakistan for a two-week counter-terrorism joint exercise+ , the ‘degree of separation’ of the original strategic partners only increased, coming as it did in less than a week after the Uri terror strike.

Read the Full Article: Source – Times Of India
Time For Truth: (Times Of India) – Will Russia-Pakistan joint drill alter Moscow-Delhi ties?

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Parents who restrict their children to a vegan diet could face a jail term if a controversial bill is passed by the Italian parliament.

Such parents, the draft bill claims, are imposing a diet “devoid of essential elements for [children’s] healthy and balanced growth”.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Italy proposal to jail vegans who impose diet on children

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Cash levels are rising, the latest sign that investors aren’t wildly enthusiastic about stocks after a rally since mid-February.

Average cash balances rose to 5.4% from 5.1% in March, just below the 15-year high of 5.6% hit in February, according to Bank of America Merrill Lynch’s fund-manager survey for April. While a cash balance rising above 4.5% is typically a contrarian signal to buy stocks, the bank’s strategists note that it is only “superficially bullish” this time around. The combination of elevated cash levels and high valuations likely mean stocks and other risk assets will remain in a trading range, the analysts add.

Read the Full Article: Source – Wall Street Journal
Time For Truth: (Wall Street Journal) – Investors Stockpile Cash, In Latest Hint that All’s Not Well for Stocks

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