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US Spy Satellites Catch Chinese Ships Illegally Selling Oil To North Korea

According to South Korea's Chosun Ilbo, U.S. recon satellites have photographed around 30 illegal transactions involving Chinese vessels selling oil to North Korea on the West Sea in October. The images allegedly showed large Chinese and North Korean ships transacting in oil in a part of the West Sea closer to China than South Korea. The satellite […]

Balloons & Flash Drives: How A Private Organization Is Trying To Incite Rebellion In North Korea

Authored by Anders Hagstrom via The Daily Caller, The U.S.-based Human Rights Foundation (HSF) has worked with North Korean defectors to smuggle flash drives and other tools into their dictatorial homeland to counter the regime’s propaganda throughout 2017. HSF director Alex Gladstein claims that his organization has successfully smuggled up to 10,000 flash drives into […]

China’s Raging Against Dying Of The Light (Or Why Peak Employment Is Imminent)

Authored by Chris Hamilton via Econimica blog, China's working age population is clearly defined as those aged 16 to 50 years old for females (55 for "white collar" females) and 16 to 60 years old for males.  China mandates retirement at these outer age limits.  Perhaps of some interest should be that this working age population peaked in 2011 and has […]

Debunking The Myths About An Attack On North Korea

Submitted by The Saker, First, the bragging dummies Trump and Haley are still at it.  They want to force China to take action against the DPRK by threatening to take North Korea “into their hands” if China refuses to comply.  Haley said, “But to be clear, China can do more, (…) and we’re putting as much […]

In 300 Years, There Are Only 300 Japanese Left…

Via GEFIRA, The world’s third largest economy has an aging and shrinking population and will simply disappear. The low fertility is not unique to Japan. The same problem besets Taiwan, China and Korea as well as the United States and Europe. In the West the establishment has opted for population replacement. Countries like the UK, […]

Why Mueller Is REALLY Indicting Flynn

Mueller Versus Flynn The mainstream narrative is that squeaky-clean special prosecutor Robert Mueller is going to indict Trump’s one-time foreign policy advisor Michael Flynn because Flynn is in the pocket of the Russians and the Turks. But the truth might be totally different … After all, Flynn’s meeting with Russian diplomats was completely normal, according to a prominent […]

Russia Warns Of Possible “Apocalyptic Scenario” On Korean Peninsula

Russian deputy foreign minister Igor Morgulov said on Monday that “an apocalyptic scenario of developments” on the Korean Peninsula is possible, but Russia hopes that a common sense would prevail among the involved parties. “A scenario of the apocalyptic development of the situation on the Korean Peninsula exists and we cannot turn our blind eye […]

India’s $207 Billion Mess Is Once-In-A-Lifetime Opportunity For Asia’s Richest Banker

In October, we discussed Indian Prime Minister, Narendra Modi’s, decision to hand over $32bn to recapitalise India’s state banks. The motivation was India’s slowing growth rate and the need to add one million Indians to the workforce every month. Crippled by massive bad debts, the state-owned banks were struggling to extend more credit to the […]

SocGen: Asian Equities Are So Awesome, A China Minsky Moment Is “Manageable”

If we’re going to discuss Asian equities in the context of “awesome”, we should begin with Tencent. Tencent, which has more than doubled this year, drove Asian stocks higher during Tuesday’s trading session. Trading on the main board of the Hong Kong Stock Exchange hit a 28-month high of HK$157 billion with one fifth of […]

US Futures, Global Stocks Extend Decline After Disappointing Chinese Data, Dollar Slides

U.S. index futures declined for the second day in a row, dipping 0.1% to the lowest in more than a week following declines in Asian and European shares. European stocks tried and failed to shrug off the negative sentiment that spurred broad-based declines in Asia following another month of disappointing Chinese macro data… … eventually […]

Key Events In The Coming Week: Taxes, Inflation, Yellen, Draghi, Kuroda And Brexit

This week’s economic calendar features several key data releases and Fedspeak. The main data release in US include: CPI inflation, retail sales, industrial production, housing data and monthly budget statement. We also get the latest GDP and CPI reading across the Euro Area; the employment report in the UK and AU, Japan GDP, China IP, […]

From “BTFD” To “Sell The Rip”: Global Stocks Slide, Nikkei Tumbles, Pound Plunges

S&P futures gave up early gains and were trading down -0.2%, as Donald Trump completes his first Asian tour and as pressure mounts on U.K. Prime Minister Theresa May, sending the pound plunging. European stocks fell, tracking many Asian shares as the Nikkei plunge accelerated. In Europe, the Stoxx 600 fell as much as 0.4%, […]

There’s No Such Thing As An “American” Homicide Rate

Authored by Ryan McMaken via The Mises Institute, In September, the FBI released new homicide data, and the overall US homicide rate rose for the second year to an eight-year high.  According to the report, the nationwide homicide rate in the US in 2016 was 5.3 per 100,000, up from 2015's rate of 4.9.  The homicide […]

How Broke Is The House Of Saud?

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Trying to figure out what on earth is happening in the Middle East appears to have gotten a lot harder. Perhaps (because) it’s become more dangerous too. There are so many players, and connections between players, involved now that even making one of those schematic […]

Is Korea Just A Smokescreen?

Authored by Bryan McBride via Mises Canada, Is Korea just a smokescreen? In my last article (Sticking the arson charge on a couple of patsies) I questioned why North Korea’s nuclear program was attracting such attention from the United States. North Korea is a very poor and backwards country whose bellicosity reflects the regime’s need […]