Blame The Russians, The Chinese, The North Koreans, and The Welsh... but not The Fed...
Overnight saw more China turmoil.. (MSCI China ETF saw its biggest drop since Brexit)
Confirming yesterday's report that the Pentagon is now prepared for a "preemptive strike", or response to any provocative action by North Korea, moments ago president Trump took the verbal war of words with Kim Jong-Un into the fourth day when he tweeted that "military solutions are now fully in place,locked and loaded,should North Korea act unwisely. Hopefully Kim Jong Un will find another path!"
The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a third day of escalating verbal exchanges between Trump and Kim, as European and Asian shares tumlbed, volatility spiked, and the selloff in US futures continued albeit at a more modest pace as the escalating war of words over North Korea drove investors on Friday to safe havens such as the yen, Swiss franc and gold.
The European Union recorded the largest increase in slavery of any world region in 2017, with the arrival of more than 100,000 migrants, many of them extremely vulnerable to exploitation, analysts said on Thursday. As KeepTalkingGreece.com reports, Greece, Italy, Cyprus, Romania and Bulgaria are the countries with the most slave labour within the EU.
Authored by Alex Groka via The Strategic Culture Foundation,
Around 200,000 US troops are stationed in 177 countries throughout the world. The forces use several hundred bases, more than 1,000 if the figure includes overseas warehouse and installations. The US may need more soon, with its presence and involvement in armed conflicts on the rise.