China

Are We Over the US/UK Fomented Crisis In Syria?

Paul Craig Roberts

It appears from the very limited US missile attack, most of which were intercepted and destroyed by Syrian air defenses, that the US military prevailed over the crazed John Bolton and carefully avoided a strike that would have resulted in a Russian response. No significant Syrian site appears to have been targeted, and no Russians were endangered. https://www.fort-russ.com/2018/04/in-depth-syria-stuns-world-thwarts-us-attack/

Washington Has Declared Hegemony or War

Paul Craig Roberts

The art of (future) war is rapidly evolving with Beijing spearheading the push into the first modern operational hypersonic glide vehicle (HGV). According to The Diplomat, the weapon, known as the Dong Feng (“East Wind”), DF-17 for short, is designed to challenge existing missile defense systems, such as America’s anti-ballistic missile defense system called: Terminal High Altitude Area Defense (THAAD).

When it comes to the global economy, few things matter as much as China, the trajectory of its economy and especially the pace and impulse of its credit creation, which is ironic because virtually all data coming out of China is fabricated and manipulated, and thoroughly untrustworthy, either on purpose or "by accident."

European stocks are steady in post-Christmas trading if struggling for traction after a mixed session in Asia, amid trading thinned by a holiday-shortened week and ongoing worries about the tech sector; however a strong rally in commodities - including copper and oil - buoyed expectations for a strong 2018 and helped offset concerns over the technology sector triggered by reports of soft iPhone X demand.