“Fall of the House of Saud, Finally” The fall of the House of Saud has begun, an inevitable process. It is seen in confiscations, kills, deep debt, desperation, and exposure of war crimes. The USGovt […]
Submitted by cpowell on Fri, 2017-09-08 11:17. Section: Daily Dispatches From Reuters Thursday, September 7, 2017 CARACAS — Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to “free” itself from the U.S. dollar […]
By Pepe Escobar for the Asia Times The annual BRICS summit in Xiamen – where President Xi Jinping was once mayor – could not intervene in a more incandescent geopolitical context. Once again, it’s essential to keep in […]
by Tyler Durden Blink, and you missed Trump’s blistering, seamless transformation into a mainstream politician. In the span of just a few hours, President Trump flipped to new positions on several core policy issues, backing […]
BEIJING: Warning US President Donald Trump to desist from initiating “trade wars” or acting on his poll pledges of hiking tariffs against Chinese goods and declaring Beijing as currency manipulator, China today said that both […]
Having exposed the deepening liquidity crisis in China previously, tonight’s action across AsiaPac money-markets suggests – despite US equity record highs – all is very much not well below the surface of the global financial […]
by Tyler Durden While we admit that “suddenly” is not exactly the right word to describe China’s selling of US Treasurys, which has been steadily liquidating its UST reserves over the past two years, something […]
by Tyler Durden Once again – ahead of the G-20 meetings – China’s currency mysteriously abated its incessant plunge suggesting ‘stability’. As Bloomberg notes, history shows that the Chinese currency usually strengthens ahead of […]
The Western Press keeps repeating the same message – by leaving the European Union, the British have isolated themselves from the rest of the world, and will have to deal with terrible economic consequences. And […]
by Tyler Durden Previously we documented that as a result of the still low oil prices, largely a result of Saudi Arabian strategy to put high cost producers out of business and to remove excess […]
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