Koji Fukada Teams With MK2 Films, Kadokawa on ‘A Girl Missing’ (EXCLUSIVE)

February 7, 2019

Japanese auteur Koji Fukada’s “A Girl Missing” tops the slate of MK2 Films. The shingle also has Agnes Varda’s “Varda by Agnes” and “Jessica Forever” playing at the Berlin Film Festival. MK2 is introducing “A Girl Missing” to buyers at the European Film Market. “A Girl Missing” reunites Fukada with the star of his Un […]

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Boeing Considers Suspending Or Reducing 737 MAX Production

16 December 2019

Boeing Considers Suspending Or Reducing 737 MAX Production

Sources have told The Wall Street Journal that Boeing could temporarily halt production of the 737 Max amid concerns the timeline of ungrounding the aircraft could be pushed further out. The decision to disclose the fate of the 737 Max production could arrive as early as Monday.

Boeing hosted a regular board meeting on Sunday in Chicago. Sources said the fate of the 737 Max production comes days after US regulators criticized Boeing for providing unrealistic timelines for when the plane will return to the skies.

In April, Boeing slashed production by 20% from 52 to 42 planes per month. A more extended cut or even production halt could be absolutely damaging to the global aerospace industry, as any reduction in planes could ripple down the supply chain and cause financial hardships for suppliers.

Boeing's board meeting is expected to conclude on Monday. Sources weren't exactly sure when the production-related announcement will be released.

"We continue to work closely with the FAA and global regulators towards certification and the safe return to service of the Max," Boeing stated. "We will continue to assess production decisions based on the timing and conditions of return to service, which will be based on regulatory approvals and may vary by jurisdiction."

We've noted in the past that production cuts could have severe consequences for the US economy. Over 600 suppliers provide 600,000 parts needed for each plane; the brunt of the shock would be seen down the chain at smaller firms.

Some Max suppliers have already cut production rates after Boeing reduced plane output by 20% in April. There are other reports that some suppliers have already furloughed employees and shut down equipment as the groundings enter the ninth month.

"It's easier to ramp down gradually and then ramp back up," said John Scannell, chief executive of Moog Inc., which makes control motors for the MAX.

The upcoming production decision isn't easy for Boeing since two of its Max planes experienced flight control system malfunctions and crashed in the past year or so, killing 346 people.

With no clear timeline on when the planes can return to the skies, and production likely slashed in 2020 - this could further weigh on Boeing shares:

Tyler Durden Mon, 12/16/2019 - 06:30 Tags Disaster Accident Business Finance

It's D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained - What Happens Next?

15 December 2019

It's D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained - What Happens Next?

Last week's apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of overnight rates by the Fed would spark nothing short of QE4, sparked an unprecedented panic at the Federal Reserve, which just two days later unveiled a historic liquidity injection, in which the Fed promised to inject no less than $500 billion in the next 4 weeks to avert a catastrophic freeze in the repo market as we approach the year end "turn", which would consist not only of a continuation of the Fed's T-Bill POMO, but also a massive injection of nearly $500 billion in overnight and term repos in the coming days.

In other words, instead of a reactive QE4 - as predicted by Pozsar - the Fed will flood the repo market with a proactive firehose of liquidity.

There's more: add in the incremental liquidity from the expanded overnight repo of about $50 billion and another $60 billion in T-Bill purchases, and the Fed will inject a total of just shy of $500 billion in the next 30 days. This also means that by Jan 14, the Fed's balance sheet would have grown by a cumulative $365BN in "temporary" repos, and together with the expanded overnight repos, and the $60BN in monthly TBill purchases, and by mid-January, the Fed's balance sheet, currently at $4.066 trillion, will surpass its all time high of $4.5 trillion!

The question then is whether this will be sufficient to refute the repo Doomsday predicted by Pozsar, one which was supposed to launch QE4, or will the Fed's gargantuan liquidity injection still not be enough and lead to a collapse in the repo market.

Well, since the next key catalyst in the potential repo market turmoil is imminent, we may know as soon as tomorrow, when there is another large December corporate tax payment date (with as much as $78BN being remitted to the TSY) and another $54 billion in US Treasury settlements.

Recall, that as we explained last week, the mid-December funding dynamics looks very similar to mid-Sep except for the outsized role of the Fed. On Monday, Dec 16, Bank of America anticipates that $54Bn of UST coupon settlements coupled with what has historically been $30-50BN of corporate tax payments to UST. This could result in a UST cash balance inflow - or a liquidity drain - of up to $80-$100bn in just one day.

Also recall, every dollar of UST cash balance increase represents a similar USD reserve drain from the banking system, and a similar liquidity drain in mid-September culminated with the now historic explosion in overnight repo rates.

So should traders panic? Well, if the Fed's gargantuan liquidity injection is anything to go by, the answer is no, and as BofA's Mark Cabana writes, "despite the similarities we do not anticipate a material spike in funding due to the Fed's ongoing reserve management operations."

The main reason we do not anticipate considerable funding stress is due to the outsized presence of the Fed now vs mid-Sep. In mid-Sep the Fed was still under the impression it could drain reserves from the banking system without a material impact on funding levels. Since mid-Sept the Fed has learned the banking system has reached reserve scarcity and the Fed it is now adding reserves via repo operations and outright bill purchases to stabilize funding markets. The Fed will ensure it adds enough reserves to offset any Treasury cash balance drain in Dec.

Consider that as of last week, the Fed has provided $340bn in funding through their existing repo and bill purchase operations:

Furthermore, as revealed on Friday, in anticipation of the Monday liquidity drain, the Fed announced that it would expand the Monday term repo up to $50 billion, and extend the maturity date to January 17, allowing dealers to lock in excess liquidity well beyond the "turn". However, contrary to Cabana's expectation that "the Fed will increase O/N repo operation limits to around $200bn in the days surrounding Dec 16" there is some risk the Fed has misjudged how much net liquidity will be soaked up as a result of Monday's drain.

As a result, Cabana notes that even with this operational change, funding could still be volatile as bank portfolios and money fund deposits get pared back amidst corporate outflows, while dealer intermediation of Fed repos may also be challenged with year-end regulatory reporting dynamics limiting how smoothly this funding gets passed along, something Pozsar discussed extensively last week.

In any case, the adjustment to Fed repo operations is the latest of measures undertaken to ensure repo remains relatively stable at year end, and although overnight repo markets will likely be volatile around year-end BofA's concern around the turn has moderated in recent weeks and certainly after Friday's announcement of a gargantuan liquidity backstop.

As a result, Cabana now "thinks the Fed has provided enough liquidity and dealers have adjusted their businesses around GSIB to ensure funding markets remain relatively stable leading into year end." Ironically, the BofA strategist now sees risks that "funding trades too soft early in 2020 vs the Fed's policy target range. This will likely result in one or two 5bps technical IOER increases to ensure fed funds does not fall below the Fed's target range in 1H '20" as the overall funding situation shifts from too little reserves, to too many, potentially forcing dealers to shift from the repo facility to the reverse repo facility!

Incidentally that observation was echoed by another repo market experts, Curvature's Scott Skyrm, who on Friday penned the following year-end repo market prediction:

Soft December Funding

With the Fed committed to dumping $500 billion in liquidity into the market over year-end, there WILL be an abundance of cash overall. More cash will be added than will actually leave the market. However, the Fed is adding much of this cash via term RP operations over the next two weeks, whereas most of the cash is only needed for the Turn itself. I predict, by the last week in December, overnight GC rates will trade very soft. Perhaps opening at 1.50% each day - though GC will have a hard time dropping below the 1.45% RRP rate.

Soft Year-End Funding

I believe the Turn rate will close soft on year-end. Probably below 1.00%. What will be even more interesting is that Money Market Funds will be "crowded out" by the Fed cash entering the market. When Primary Dealer banks take billions of dollars of cash from the Fed, they will give all of their collateral to the Fed. That will leave little collateral for banks to give to Money Market Funds on the day of quarter-end - forcing the MMFs to go to the Fed's RRP window. The Fed will effectively both loan cash into the market and borrow cash from the market.

Bottom line: after Pozsar's apocalyptic forecast prompted the Fed to unleash a liquidity tsunami, fears about an imminent seizure in the repo market have faded, with BofA's Cabana now writing that "overall, the Fed's guiding hand should make market participants comfortable not to fear material repo stress around the mid-Dec corporate tax date and to believe any year-end funding pressures should be relatively short lived."

Still, as Skyrm cautions, "there is still one major phantom year-end risk looming around the market. If the Fed's term RP operations fully fund the Primary Dealer bank balance sheets and the banks cannot increase their balance sheets further, the last few Fed operations of the month might not have any takers. There is a chance there will be little Primary Dealer bank balance sheet left by year-end."

In any case, when looking at tomorrow's massive $100 billion liquidity drain, the repo market should be able to digest it without a spike in the G/C repo rate now that the Fed has effectively backstopped any and all year-end liquidity needs. If, however, the first repo prints come in elevated: at 2% or higher, it will mean that not even the Fed's half a trillion dollar liquidity injection was enough, and that Pozsar's fire and brimstone forecast is starting to come true.

Tyler Durden Sun, 12/15/2019 - 16:50 Tags Business Finance

Three Lessons From The UK Elections

16 December 2019

Three Lessons From The UK Elections

Authored by Daniel Lacalle via DLacalle.,com,

The results of the UK elections have shown something that I have commented on several occasions: The widely spread narrative that British citizens had regretted having voted for Brexit was simply incorrect.

We already had the evidence in the European elections, where the Brexit Party won with 31.6% of the votes, but the general elections have been even clearer. The Conservative Party won by an absolute majority (more than 360 seats and 43.6% of the votes).

The failure of Labour’s radicalism led by Jeremy Corbyn has been spectacular, and his interventionist messages, reminiscent of the terrible Harold Wilson period, added to his vague stance on Brexit and how to finance his promises of “everything free at any cost” have led the party to its worst results since 1935 and losing key seats in constituencies that always voted Labour since 1945.

Up to 18 Labour historical footholds passed to a conservative majority including Blyth, Darlington, Workington, Great Grimsby or Bassetlaw. In Wales, the Conservative party snatched six seats from the socialists. The transfer of Labour votes to conservatives exceeded 4.7%, according to the Press Association. The interventionist and extremist proposals of Jeremy Corbyn have caused them to lose votes even in pro-Remain districts (-6.4% according to the BBC).

Months of attempts to whitewash the image of Jeremy Corbyn by parts of the media have not been able to eliminate his history of extremism and interventionism, his refusal to apologize for cases of anti-Semitism and his incompetence in explaining the economic program. Corbyn led a traditionally moderate and social-democratic formation to the most retrograde and interventionist proposals of its recent history.

Johnson won by absolute majority with a much more moderate, positive and pro-growth message, but, above all, unquestionable in terms of delivering Brexit.

Johnson has not only reached a much wider spectrum of voters but Corbyn has annihilated his options with Labour’s own more moderate voters by radicalizing his message in a country where any citizen over 45 remembers the economic disasters of socialism.

The UK elections should be an opportunity for everyone to learn several lessons.

The first lesson is that the silent majority is the target in an election, not the loud minority. As in the United States and European Parliament elections, the consensus narrative about what was happening was clearly influenced by a terrible confirmation bias among most mainstream commentators. Some media in the UK have reported more about what they wanted to happen more than what really happened.

The second lesson is that extremist socialism is not an alternative. While Johnson focused his campaign on adding supporters, Corbyn set out to return to the past and try to revive the policies that led to poverty, constant duations, supply cuts, and misery.

The third was falling into the error of believing that sound economic policies do not matter. That the “majority” opinion is what some media or some commentators say. Even worse, to believe that the will of the people is represented bt a few anonymous accounts on social networks. Bots are not votes.

The opportunity of these elections is enormous. The European Union can strengthen its project and implement the agreement signed with the Johnson government in a beneficial way for all member states. It is a pity that the United Kingdom does not want to continue in the European Union, but we have to look to the future. For the UK, it is clearly an opportunity to strengthen the economy focusing on job creation and attraction of capital.

The United Kingdom will implement growth policies and competitive taxation. This is not just good for UK citizens. It is a much-needed reminder for the European Union to abandon its most interventionist temptations and focus on being competitive, attractive and productive.

The European Union faces significant economic, demographic and technological challenges. The UK can develop its competitiveness and investment appeal and, by doing so, the European Union can benefit. The United Kingdom is not a threat. It’s an example. A partner for all member states and a reminder of which policies work and how socialism and interventionism are never the answer.

Johnson is not a danger. He is the prime minister of an allied country and partner that will continue to be so. The danger to the European Union is not Johnson, it is interventionist temptation. Let’s fight it.

Tyler Durden Mon, 12/16/2019 - 05:00 Tags Politics

'You Need Rehabilitation': Nunes Letter Dismantles Schiff Over FISA Lies, Stroking Steele, And Participating In Coverup

16 December 2019

'You Need Rehabilitation': Nunes Letter Dismantles Schiff Over FISA Lies, Stroking Steele, And Participating In Coverup

"As part of your rehabilitation, it's crucial that you admit you have a problem - you are hijacking the Intelligence Committee for political purposes while excusing and covering up intelligence agency abuses." -Devin Nunes to Adam Schiff

Rep. Devin Nunes (R-CA) has written perhaps the most brutal 'I told ya so' letter in recent memory to Adam Schiff, his Democratic rival and chairman of the House Intelligence Committee.

After last week's Inspector General report on FBI FISA abuse revealed Schiff was peddling lies to the American public in a February, 2018 'counter-memo' to Nunes's now-proven claims, Schiff passed the buck - telling Fox News host Chris Wallace on Sunday that he was 'unaware' of certain things unccovered by the IG - while failing to admit he's been dead wrong on an ongoing basis about a number of things.

Nunes isn't letting this go. In a Sunday letter, he reminded Schiff that "The IG's findings of pervasive, major abuses by the FBI dramatically contradict the assertions of your memo released on February 24, 2018, in which you claimed, "FBI and DOJ officials did not 'abuse' the Foreign Intelligence Surveillance Act (FISA) process, omit material information, or subvert this vital tool to spy on the Trump Campaign."

Schiff is in clear "need of rehabilitiation," continues Nunes, adding "I hope this letter will serve as the first step in that vital process."

"Outlining every false claim from your memo would require an extremely long letter," Nunes continues, who then lists several key claims made by Schiff which 'the IG report has exposed as false.'

FBI and DOJ officials did not omit material information from the FISA warrant.

The DOJ "made only narrow use of information from [Christopher] Steele's sources about Page's specific activities in 2016."

In subsequent FISA renewals, DOJ provided additional information that corroborated Steele's reporting.

The Page FISA warrant allowed the FBI to collect "valuable intelligence."

"Far from "omitting' material facts about Steele, as the Majority claims. DOJ repeatedly informed the Court about Steele's background, credibility, and potential bias."

The FI31 conducted a "rigorous process" to vet Steele's allegations, and the Page FISA application explained the FBI's reasonable basis for finding Steele credible.

Steele's prior reporting was used in criminal proceedings.

Nunes goes on to dismantle Schiff's bullshit point by point using findings from the IG report, which include:

Information provided by Christopher Steele played a "central and essential role" in the decision to seek a FISA warrant on Carter Page.

There were seventeen "significant errors or omissions" in the FISA application and renewals, and the IG did not get satisfactory explanations for them.

The Crossfire Hurricane team failed to inform the DOJ of "significant information", and "much of that information was inconsistent with, or undercut" assertions in the FISA applications.

The FBI relied solely on Steele information for its assertions about Page's alleged coordination with Russians to hack the 2016 elections.

(See entire list below)

Nunes then calls out Schiff for defending Steele, who peddled his discredited, Clinton-funded dossier to the media six weeks before the 2016 US election.

"As you know, your misguided validation of the FISA warrant was part of a years-long pattern in which you touted Christopher Steele's credentials and reliability," writes Nunes.

"For example, during this committee's March 20, 2017 open hearing, you claimed Steele "is reportedly held in high regard by U.S. Intelligence." and proceeded to read into the congressional record numerous conspiracy theories proffered by Steele, all of which are false."

Next, Nunes accused Schiff of participating in a coverup:

As is clear from the 16 report, Carter Page was the victim of a smear campaign that was funded by the Democratic National Committee and the Hillary Clinton campaign and was implemented by Christopher Steele and Fusion GPS. The FBI used these false allegations to obtain a warrant to spy on Page, a gross violation of an American citizen's civil liberties. Your direct participation in the smear campaign against Page is extremely concerning. considering you are chairman of the committee responsible for uncovering precisely these sorts of abuses by the Intelligence Community. Instead of joining committee Republicans in exposing these abuses, however, you excused them. And by supporting the agencies' stonewalling of our attempts to gather information on this affair, you helped cover up this misconduct.

Because of Schiff's misdeeds, and his blind faith in the US intelligence communities which the House Intelligence Committee is supposed to monitor, Nunes says "This makes it clear your rehabilitation will be a long, arduous process."

"this committee is responsible for overseeing the Intelligence Community and exposing abuses. Yet when the IG identified gross abuses in our jurisdiction, you expressed full faith in the agencies we're supposed to be vigilantly monitoring. and you rejected any oversight whatsoever of their supposed clean-up efforts," writes Nunes.

Read the entire letter below:

***

Dear Chairman Schiff:

As you are aware, on December 9, 2019, U.S. Department of Justice Inspector General (IG) Michael Horowitz published the results of his investigation of the FISA warrant and renewals obtained by the Federal Bureau of Investigations (FBI) and the Department of Justice (DOJ) to spy on Trump campaign associate Carter Page. The IG's findings of pervasive, major abuses by the FBI dramatically contradict the assertions of your memo released on February 24, 2018, in which you claimed, "FBI and DOJ officials did not 'abuse' the Foreign Intelligence Surveillance Act (FISA) process, omit material information, or subvert this vital tool to spy on the Trump Campaign."

After publishing false conclusions of such enormity on a topic directly within this committee's oversight responsibilities, it is clear you are in need of rehabilitation, and I hope this letter will serve as the first step in that vital process.

Outlining every false claim from your memo would require an extremely long letter, so I will limit my summary to a few highlights. In your memo you made the following assertions:

FBI and DOJ officials did not omit material information from the FISA warrant.

The DOJ "made only narrow use of information from [Christopher] Steele's sources about Page's specific activities in 2016."

In subsequent FISA renewals, DOJ provided additional information that corroborated Steele's reporting.

The Page FISA warrant allowed the FBI to collect "valuable intelligence."

"Far from "omitting' material facts about Steele, as the Majority claims. DOJ repeatedly informed the Court about Steele's background, credibility, and potential bias."

The FI31 conducted a "rigorous process" to vet Steele's allegations, and the Page FISA application explained the FBI's reasonable basis for finding Steele credible.

Steele's prior reporting was used in criminal proceedings.

The IG report has exposed all these declarations as false. Despite your denial of any problems with the FISA warrant, the 16 found:

Information provided by Christopher Steele played a "central and essential role" in the decision to seek a FISA warrant on Carter Page.

There were seventeen "significant errors or omissions" in the FISA application and renewals, and the IG did not get satisfactory explanations for them.

The Crossfire Hurricane team failed to inform the DOJ of "significant information", and "much of that information was inconsistent with, or undercut" assertions in the FISA applications.

The FBI relied solely on Steele information for its assertions about Page's alleged coordination with Russians to hack the 2016 elections.

The applications omitted information provided to the FBI about Page's operational contact with another U.S. government agency and the agency's positive assessment of him. In fact, an FBI official altered an email stating that Page was a source for another government agency in order to have it read the opposite—that he was "not a source."

FBI Director James Conley and Deputy Director Andy McCabe sought to include Steele's reporting in the Intelligence Community Assessment even though the CIA dismissed the Steele information as `Internet rumor."

In FBI interviews, Steele's own sources contradicted information from Steele that was used in the FISA applications.

The significance of Steele's prior reporting was '-overstated."

None of the Steele reporting on Caner Page used in the FISA applications could be corroborated, and some of it contradicted other information in the FBI's possession.

The FBI omitted information about Steele's bias provided by DOJ official Bruce Ohr.

The applications omitted exculpatory statements by Page and others.

The FBI failed to reveal in the applications that the Democratic National Committee and the Hillary' Clinton campaign were receiving and/or funding Steele's work through Fusion UPS.

Overall, the Inspector General found, "That so many basic and fundamental errors were made by three separate, hand-picked teams on one of the most sensitive FBI investigations that was briefed to the highest levels within the FBI, and that FBI officials expected would eventually be subjected to close scrutiny, raised significant questions regarding the FBI chain of command's management and supervision of the FISA process... In our view, this was a failure of not only the operational team, but also of the managers and supervisors, including senior officials, in the chain of command." Indeed, the problems are so severe that the Inspector General has initiated an audit to further investigate FBI's compliance with Woods Procedures in FISA applications.

As you know, your misguided validation of the FISA warrant was part of a years-long pattern in which you touted Christopher Steele's credentials and reliability. For example, during this committee's March 20, 2017 open hearing, you claimed Steele "is reportedly held in high regard by U.S. Intelligence." and proceeded to read into the congressional record numerous conspiracy theories proffered by Steele, all of which are false. These included:

Carter Page had a secret meeting with Rosneft CEO Igor Sechin.

Sechin offered Page a brokerage fee involving the sale of 19 percent of Rosneft.

Russians offered the Trump campaign dirt on Hillary Clinton in exchange for the Trump administration adopting policies favorable to Russia

Paul Manafort chose Page to act as a go-between for the Trump campaign and Russia.

I am particularly concerned by the press release you issued after the release of the IG report. I applaud you for acknowledging that the report identified "issues and errors" and "potential misconduct" connected to the FISA warrant. This acknowledgement, though dramatically downplaying the scale of the abuse the IG uncovered, could be a valuable first step - a baby step, but a step nonetheless - in your rehabilitation. Nevertheless, in your statement you expressed full faith in FBI Director Christopher Wray's promise to address the problem: demanded that the implementation of reforms be confined to "career officials, away from the political arena;" and denounced Attorney General Bill Barr and U.S. Attorney John Durham for expressing concerns about these matters.

This makes it clear your rehabilitation will be a long, arduous process. As previously noted, this committee is responsible for overseeing the Intelligence Community and exposing abuses. Yet when the IG identified gross abuses in our jurisdiction, you expressed full faith in the agencies we're supposed to be vigilantly monitoring. and you rejected any oversight whatsoever of their supposed clean-up efforts. If agencies with a documented, severe abuse problem should be trusted to police themselves, then it's fair to ask why this committee even exists and what we're supposed to be doing, if anything, aside from being exploited by you as a launching pad to impeach the president for issues that have no intelligence component at all.

As part of your rehabilitation, it's crucial that you admit you have a problem - you are hijacking the Intelligence Committee for political purposes while excusing and covering up intelligence agency abuses. The next step will be to convene a hearing with IG Horowitz, as the Senate Judiciary Committee has done and the Senate Homeland Security Committee will do next week.

I understand taking action on this issue will be difficult for you, as it will be an implicit acknowledgment that you were wrong to deny these abuses and that you were complicit in the violation of an American's civil liberties. I also understand such an acknowledgement is made even more difficult by the fact that you've already been discredited by your years-long false claim that the Trump campaign colluded with Russia to hack the 2016 presidential election.

Nevertheless, I refuse to believe you are beyond redemption. I invite you to work closely with me on your rehabilitation program, and look forward to your scheduling a committee hearing with IG Horowitz at the nearest opportunity.

Tyler Durden Mon, 12/16/2019 - 04:32 Tags Politics

By 2100, Five Of The Ten Biggest Countries In The World Will Be In Africa

16 December 2019

By 2100, Five Of The Ten Biggest Countries In The World Will Be In Africa

In the 21st century so far, populous countries and strong population growth were most often associated with Asia – but, as Statista's Katharina Buchholz notes, this view of the world will have to change in the future, data by the United Nations and Pew Research Center shows.

While in 2020, five out of the ten most populous countries in the world were located in Asia, the picture will look different in 2100, when five African countries – Nigeria, Ethiopia, Tanzania, Egypt and the Democratic Republic of the Congo – will be among the world’s ten largest.

You will find more infographics at Statista

While some Asian countries will continue to grow, they will do so at a lower rate and will be surpassed in population by African countries exhibiting faster growth. Others, like China and Bangladesh are actually expected to shrink until 2100, mainly a result of higher standard of living and education that has already begun to lower birth rates.

In 1950, four European countries were still among the world’s largest. That number will have decreased to one in 2020 and none in 2100.

The number of children born worldwide is already decreasing, but at currently 2.5 children born per woman, world population is still growing. UN population researchers found that if the global fertility rate kept dropping at the rate it currently is, it would reach 1.9 children per woman in 2100, at which point the world population would actually be decreasing.

Tyler Durden Mon, 12/16/2019 - 04:15 Tags Social Issues

Childhood sweethearts have renewed their vows on their 10th anniversary

16 December 2019

Alexandra and Stewart Watts, from Worcester, West Midlands, had a playful rivalry when their parents, who were friends, and would meet up for play dates in the 1980s.

Escape to the Chateau: Dick and Angel transform a 40-year-old barge

16 December 2019

Dick, 48, and Angel, 59, converted a 40-year-old narrowboat into luxury accommodation in last night's episode of Channel 4's Escape to the Chateau - and viewers were left in awe of the transformation.

Caroline Flint stands by her claim that Emily Thornberry branded northern Brexit voters 'stupid'

16 December 2019

Caroline Flint today stood by her claim that Emily Thornberry branded northern Brexit voters 'stupid' as Labour tore itself apart in the wake of its disastrous general election.

Dog walker stumbles upon five-and-a-half foot long Jurassic fossil on Somerset beach

16 December 2019

A dog walker and amateur archaeologist was amazed when his pooches led him over to a five-foot-long fossil on a Somerset beach at the weekend.

Aggressive eagle fends off a pair of storks and a giant grunting buffalo after stealing a fish

16 December 2019

The eagle snatches a catfish that has just been caught by a stork and stands its ground against a giant buffalo. Michelle Broadhurst captured the moment in Kruger National Park, South Africa.