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Introduction

President Putin has deployed Russian troops in the Eastern Military District to prepare for what could be a series of devastating earthquakes and tsunamis to hit the Kamchatka peninsula over the next two weeks.

Scientists have raised the threat level at Alaska’s Cleveland volcano from yellow to orange after detecting a low-level eruption on Saturday morning – sparking fears that the rumble could be a precursor to a bigger eruption.  Jessica Larsen, with the University of Alaska Fairbanks Geophysical Institute, said scientists had not seen evidence for ash in satellite images.

Wolf Richter   wolfstreet.com

The amount it costs to ship containers from China to ports around the world, a function of the quantity of goods to be shipped and the supply of vessels to ship them, just dropped to a new historic low.

by Ron Paul

This week, President Obama and Vice President Biden held a hastily arranged secret meeting with Federal Reserve Chairman Janet Yellen. According to the one paragraph statement released by the White House following the meeting, Yellen, Obama, and Biden simply “exchanged notes” about the economy and the progress of financial reform. Because the meeting was held behind closed doors, the American people have no way of knowing what else the three might have discussed.