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Russia Rejects John Kerry’s ‘Plan B’ For Syria

The Russian Foreign Minister has dismissed alternative plans by the US for a political settlement of the Syria crisis. On Thursday Sergei Lavrov  rejected claims by his US counterpart John Kerry that there was a ‘Plan B’ if an imminent truce deal for Syria fails to reduce hostilities in Syria. Moscow will focus on “Plan A” in accordance to the agreement signed between the US and Russia on the cessation of hostilities in Syria and is not looking at “Plan B,” Kremlin spokesman Dmitry Peskov said Wednesday.

Now It's China's Turn To Crash: Shanghai Plunges 6.4% Overnight

Now It's China's Turn To Crash: Shanghai Plunges 6.4% Overnight

After a burst of volatility in the developed market over the past month, one odd outlier was China, where after a surge of gut-wrenching moves in both its currency and equity markets (recall that it was China's troubles with marketwide circuit breakers at the start of January that may have catalyzed the global volatility wave), Chinese stocks remained relatively quiet and resilient, levitating quietly day after day. That all changed overnight when the Shanghai Composite plunged by 6.4% with the drop accelerating into the close.

A 2016 Foreign Policy Report Card

Presidents have more latitude in foreign affairs than in domestic policy, and the trend over the past two administrations has been for presidents to be more hawkish than their campaign pledges led voters to expect. George W. Bush promised a “humble foreign policy.” Instead, he gave us the Iraq War. Barack Obama was elected in part to end Bush’s wars. But he too pursued regime change, with Pyrrhic success in Libya and abortively in Syria.

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