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"America Is A Gang Of Cruel Robbers": North Korea Boasts Of "Successful" Nuke Test As Skeptics Laugh

Overnight, we got two notable headlines out of the Far East.

First, the yuan devaluation continued unabated with the RMB falling to five-year lows and the spread between the onshore and offshore spots blowing out to record wides.

Second, Kim Jong-Un detonated an H-bomb. Or so Pyongyang says.

The Carnage Returns: Stocks Tumble After Sharp Chinese Devaluation; Brent At 2004 Lows; Gold Surges

On the first trading day of the year, stocks crashed after China shocked the world with a circuit-breaking market slide that was not contained by the government. On the second trading day, after the Chinese government intervened drastically, global equities stabilized if just barely.

U.S. Army Troops Trapped Amid Afghan Firefight

Over a dozen U.S. Army troops have been left trapped in Marjah, Afghanistan, amid enemy fire by Taliban fighters after a U.S. special operations soldier was killed earlier on.  Enemy forces surround the compound the soldiers are taking cover in, as they wait for backup over night. Foxnews.com reports: A U.S. official described the “harrowing” scene to Fox News, saying there were enemy forces surrounding the compound in which the special operations team sought refuge.

New Study Says Fracking Wastewater Causes Cancer

A new scientific study published in Toxicology and Applied Pharmacology has proved that fracking wastewater causes cancer in humans.  The paper titled, Malignant human cell transformation of Marcellus Shale gas drilling flow back water, confirms the suspicions already held by many people – that fracking pollution is carcinogenic. Scott.net reports: The new collaborative study was conducted by scientists at esteemed institutions in both the U.S.

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