On Monday morning, the world had one less geopolitical hotspot to worry about, when following months of escalating verbal jawboning and explicit threats on both sides, India agreed with China to disengage at the contested territorial dispute face-off site in Doklam.
One of the more under-reported stories - at least among the Western press - are the growing tension between China and India. As reported over the weekend, in the latest escalation, Indian and Chinese soldiers, in addition to the ongoing tense military standoff over a contested road in Doklam, were involved in an altercation in the western Himalayas on Tuesday, further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border.
Authored by Adam Garrie via OrientalReview.org,
While the international media remains concerned to the point of being fixated on the US-DPRK (North Korea) stand-off, in terms of sheer firepower, the much more pressing stand-off between China and India holds the potential to be far more destructive.
Indian Nuclear Weapons
Authored by James Rickards via The Daily Reckoning,
Visa recently unveiled its own offensive in the war on cash. Visa is offering certain merchants a $10,000 reward if they refuse to accept cash in the future.
Not surprisingly, Visa’s competitor is also part of the war on cash. Mastercard is increasing its efforts to encourage merchants to refuse cash. Here’s Bloomberg, quoting the CEO of Mastercard:
In what may be the first documented clash between Chinese and Indian soldiers who have been piling up across the border between the two nations over the latest territorial dispute, Reuters reports that "Indian and Chinese soldiers were involved in an altercation" in the western Himalayas on Tuesday, "further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border."