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US Defense Secretary Sails South China Sea To Send ‘Message’ To Region

The US Defense Secretary made a sail of the South China Sea aboard an American aircraft carrier, underscoring American commitments to strengthening its Asia-Pacific alliances and moving more military hardware and troops there to counter China. Ashton Carter toured the USS John C. Stennis, a Nimitz-class nuclear-powered aircraft carrier, as it cruised through the South China Sea on Friday near waters claimed by China.

Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks

Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks

Back in January, when the market was watching in shocked silence as oil prices were crashing to decade lows and as concerns emerged that Saudi Arabia may need to commence selling its vast, if unquantified, USD reserves, we wrote a post titled "Attention Finally Turns To Saudi Arabia's "Secret" US Treasury Holdings" where we noted something very surprising: whereas we do know that Saudi Arabia is the owner of the world's third largest USD reserves...

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