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NATO Holds Defense Drill Simulating Russian Invasion Of Baltics

NATO Holds Defense Drill Simulating Russian Invasion Of Baltics

NATO officials are growing increasingly nervous about the possibility of an invasion of the Baltic states ahead of Russian wargames planned this fall on the border of Belarus and Poland that could involve as many as 100,000 troops. That "anxiety" was on display this week, when US and British troops carried out the first NATO military exercise that involved a simulated defense of the Suwalki Gap, an area in northern Poland on the border with Lithuania that serves as the gateway to the Baltic region.

When Will The Fed Tighten Enough To Cause The Next Recession?

When Will The Fed Tighten Enough To Cause The Next Recession?

In addition to the wildly popular topic of the market's record low volatility, coupled with speculation what could break the current spell of "endemic complacency" and what its impact would be on asset prices (yesterday we posted a fascinating take by DB's Aleksandar Kocic on the issue of the markets current "metastability"), another question that has fascinated the economic community is when will the next recession hit.

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