"Markets In Turmoil" As Europe Opens

With Chinese trading halted mere minutes into its day-session on the back "insane" moves as one Asian manager exclaimed, the rest of the world's markets have borne the brunt of hedging, unwind, selling pressure.

 

Dow Futures are down 300 points from After-Hours highs...

 

Crude has crashed back to a $32 handle...

 

The dollar is weaker as JPY and EUR surge...

And Gold has jumped back above $1100...

 

Major Ships Evacuate Atlantic Ocean For First Time In History

Russian Naval Forces have reported that the entire Atlantic Ocean appears to be totally deserted of major freighter ships for the first time in recorded history.  The Kremlin say that Panamax and New Panamax vessels, plus all types of wet carrier (oil/liquified natural gas) vessels including VLCC and ULCC supertanks are nowhere to be seen. Russia claim that the evacuation of the Atlantic ocean is a “clear” sign of a coming Western economic/banking collapse, with the world’s stock markets crashing during the first part of the year being another clear signal.

Monsanto Forced To Cut Another 1,000 Jobs

Monsanto have announced that they going to cut a further 1,000 jobs amid a decline in worldwide sales and a blaming “sluggish farming economy”.  The layoffs are in addition to the 2,600 already planned, which amounts to a staggering 16 percent of the company’s entire workforce. Bizjournals.com reports: The scope of the cuts will vary from country to country and will continue into 2018, they said.

UN To Seek Sanctions For North Korea Following Hydrogen Bomb Test

The UN have issued a statement saying that they “strongly condemn” the actions of North Korea’s hydrogen bomb test, and have threatened to impose new sanctions on Pyongyang.  The president of the security council, Elbio Rosselli, told reporters that the UN had “previously expressed their determination to take further significant measures in the event of another North Korea nuclear test“.

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