Via TheAntiMedia.org,
The U.S. and South Korea announced Friday they will conduct a massive air force exercise over the Korean Peninsula next month as a notable show of force targeting North Korea - despite warnings that the Trump administration’s decision earlier this week to add North Korea to the United States’ list of state sponsors of terrorism could further provoke the isolated country.
A few weeks ago, HowMuch.net detailed the richest person on each continent. Today, we take this one step further to show you the richest person in each country, according to Forbes.
Source: HowMuch.net
Yesterday's China stock market rout, in which the Shanghai Composite tumbled the most since June 2016 to three month lows, and which prompted traders to question the dedication of Beijing's plunge protection team, appears to have been forgotten, with the Composite closing unchanged on Friday after some early session weakness, as Chinese yields declined broadly across the board from 3 years highs.
Authored by Pepe Escobar via The Asia Times,
A pacified Syria is key to the economic integration of Eurasia through energy and transportation connections...
Vladimir Putin, Recep Tayyip Erdogan and Hassan Rouhani will hold a summit this Wednesday in Sochi to discuss Syria. Russia, Turkey and Iran are the three power players at the Astana negotiations – where multiple cease-fires, as hard to implement as they are, at least evolve, slowly but surely, towards the ultimate target – a political settlement.
In October, we discussed Indian Prime Minister, Narendra Modi’s, decision to hand over $32bn to recapitalise India’s state banks. The motivation was India’s slowing growth rate and the need to add one million Indians to the workforce every month. Crippled by massive bad debts, the state-owned banks were struggling to extend more credit to the economy. The announcement caused a surge in India’s Sensex equity index, led by the banks.