Puerto Rico Is Greece, & These 5 States Are Next To Go

As Wilbur Ross so eloquently noted, for Puerto Rico "it's the end of the beginning... and the beginning of the end," as he explained "Puerto Rico is the US version of Greece." However, as JPMorgan explains, for some states the pain is really just beginning as Municipal bond risk will only become more important over time, as assets of some severely underfunded plans are gradually depleted.

Wilbur Ross discusses Puerto Rico's debt struggles and where it goes from here...

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Saudi Arabia Fanning The Flames Of Hate To Provoke Regional Bloodbath

The Saudi execution of a prominent Shiite cleric is an indication that the house of Saud is planning an Armageddon. Across the Middle East, the killing of Shiite cleric Sheikh Nimr al-Nim along with al-Qaeda terrorists is viewed as the ultimate hypocrisy, which proves that the Saudis are going for broke, and want the flames of sectarianism to engulf the region. RT reports: The furious reaction across the Middle East to the Saudi execution of a prominent Shiite cleric strongly suggests that the killing is a deliberate provocation by the ruling House of Saud.

Archaeologists Unearth Weapons From The Era Of Ivan The Terrible In Russia

An archaeological dig near Zvenigorod, a town in Moscow Oblast, has unearthed the private arsenal of a military commander from the era of Ivan the Terrible, the first Tsar of Russia. An archaeological expedition from the Institute of Archaeology at the Russian Academy of Sciences, was conducting a rescue excavation in search of artifacts, prior to the construction of a new Central Circular Highway, when they came across the find near the old town of Zvenigorod .

Meanwhile In Texas: Celebrating The New Open-Carry Gun Law

As reported previously, in addition to celebrating the new year, starting January 1, Texans also celebrated a new open-carry gun law which took effect in the new year. Handgun license holders in Texas will now be allowed to carry their guns in visible holsters on their hip or shoulder.

Previously, Texans wanting to carry a handgun had to obtain a concealed handgun license and conceal their weapon. With the new law, the more than 826,000 state license holders will be allowed to openly display their handguns in most public places.

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