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Russia Says U.S. Missile Defense System A “Direct Threat”

Russia have accused America of risking nuclear war by installing a long-awaited missile defense system in Europe.  Moscow have said that the American-built system put Russia’s security in danger, suggesting that the country hosting the system, Romania, could be reduced to “smoking ruins” as a result. Nytimes.com reports: “We have been saying right from when this story started that our experts are convinced that the deployment of the ABM system poses a certain threat to the Russian Federation,” the Kremlin spokesman, Dmitri S. Peskov, told reporters in a conference call.

Russia Hints At Nuclear War After US Deploys Ballistic Missile Shield

Russia Hints At Nuclear War After US Deploys Ballistic Missile Shield

In a dramatic development for the global nuclear balance of power, yesterday we reported that starting today, the United States would launch its European missile defense system dubbed Aegis Ashore at a remote airbase in the town of Deveselu, Romania, almost a decade after Washington proposed protecting NATO from Iranian rockets and despite repeated Russian warnings that the West is threatening the peace in central Europe.

World's Most Bearish Hedge Fund Manager: "I Think Something Has Changed"

World's Most Bearish Hedge Fund Manager: "I Think Something Has Changed"

One month ago, when we updated on the performance of Horseman Global, what until recently was the world's most bearish hedge fund with a record net short exposure of -98%...

... at least until Icahn Enterprises emerged with its even more gargantuan -149% net short...

 

... we cited fund CIO Russell Clark who observed the fund's dramatic -9.6% drop in the month of March, and made it clear that he wasn't going anywhere because he was confident that the move was nothing but a short squeeze, which - if anything - made Clark even more bearish.

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