Global markets came off record highs, trading subdued, with US index futures unchanged as traders are unwilling to make major moves ahead of today's ECB minutes and tomorrow’s NFP release, and before speeches by central bankers including SF Fed President John Williams and the potential next Fed chair Jerome Powell, as well as ECB executive board members Peter Praet and Benoit Coeure.
Authored by Peter Korzun via The Strategic Culture Foundation,
"We stand for constructive, predictable and mutually beneficial cooperation," said Russian President Vladimir Putin at a ceremony in the Kremlin when Jon Huntsman, the new US ambassador to Russia, presented his diplomatic credentials. "The current level of the ties cannot satisfy us," he added.
Authored by Federico Pieraccini via The Strategic Culture Foundation,
As seen in my previous article, US military power is on the decline, and the effects are palpable. In a world full of conflicts brought on by Washington, the economic and financial shifts that are occurring are for many countries a long-awaited and welcome development.
If we were to identify what uniquely fuels American imperialism and its aspirations for global hegemony, the role of the US dollar would figure prominently.
Authored by Deep Throat at Deep Throat Blog
Today, I'd like to take some time to revisit a couple of related topics that we first started discussing a few years ago. I am, of course, referring to the burgeoning increases in China's Debt levels, Shadow Bank Assets (loans) and M2, along with a high-level analysis of the most recent PBOC Financial Stability Report and FSB Global Shadow Bank Monitoring Report. (No!....please don't click this page closed....I promise this will eventually get interesting...)
An unidentified group of assailants attacked and killed soldiers from both the US and Niger in an ambush near the Niger-Mali border on Wednesday, according to CNN and local French-language media.
Three green berets were killed in the incident, the first US casualties in a mission to assist local troops against Al Qaeda's African branch, and five soldiers from Niger were also killed.