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Wave of defaults looming – Deutsche Bank

Aggressive monetary tightening by central banks threatens the global economy, according to strategists A cycle of boom and bust will return this year and a wave of corporate debt defaults is imminent, particularly in the US and Europe, Deutsche Bank has warned.

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Anglo-Saxons didn’t exist – Cambridge University

Studying the direct predecessors of the modern English is not “anti-racist” enough for the university, the Telegraph reported Cambridge University is teaching students that the Anglo-Saxons never existed as a distinct ethnic group, in an effort to “dismantle the… myths” of English nationalism, the Telegraph reported on Saturday. Liberal academics have long decried the term…

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China rebukes US after Taiwan Strait near-collision

A Chinese warship came within 150 yards of colliding with a US destroyer as tensions flare around Taiwan China’s foreign minister has defended the actions of its navy after it sailed a warship into the path of American and Canadian vessels conducting joint exercises in the Taiwan Strait on Saturday, saying the so-called ‘freedom of…

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