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China Deploys Troops To Its First Overseas Military Base In Africa

China Deploys Troops To Its First Overseas Military Base In Africa

China has deployed troops to the country's first overseas military base in Djibouti on the Horn of Africa, as China's rapidly modernizing military extends its global reach. Beijing says the "support base" will be used for logistical purposes, such as resupplying ships taking part in peacekeeping and humanitarian missions off the coasts of Yemen and Somalia however concerns are growing about China's rising geopolitical influence especially at such a key strategic location.

Alone Perhaps, But Is Trump Right?

Authored by Patrick Buchanan via Buchanan.org,

At the G-20 in Hamburg, it is said, President Trump was isolated, without support from the other G-20 members, especially on climate change and trade.

Perhaps so. But the crucial question is not whether Trump is alone, but whether he is right. Has Trump read the crisis of the West correctly? Are his warnings valid? Is not the Obama-Merkel vision of a New World Order a utopian fantasy?

BofA Stunned By Drop In Gasoline Demand: "Where Is Driving Season?"

BofA Stunned By Drop In Gasoline Demand: "Where Is Driving Season?"

Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC producers to US shale (a hope which is now gone as the just disclosed letter from Andy Hall demonstrates), Goldman noticed something troubling: an unprecedented collapse in gasoline demand.

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