You are here

United States

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

Tuesday's session started off on the back foot, with the Euro first sliding on Draghi's dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance coupled with a Bild report late on Monday according to which Greece was prepared to forego its next debt payment if not relief is offered by creditors, pushing European stocks lower as much as -0.6%. However the initial weakness reversed after Greece's Tzanakopoulos denied the Bild report, sending the Euro and European bank stocks higher from session lows.

Short Victorious War: US President's Magic Wand To Wave In A Pinch

Short Victorious War: US President's Magic Wand To Wave In A Pinch

Authored by Andrei Akulov via The Strategic  Culture Foundation,

Putting together the bits of information coming from various sources leads to the conclusion that a US pre-emptive strike against North Korea is a possibility that may turn into reality pretty soon. Everyone knows it’s fraught with implications and nobody wants it but there is a good reason to believe it’s coming closer.

"The Technology Is Getting Real" - Laser Weapons Edge Closer To Battlefield Use

"The Technology Is Getting Real" - Laser Weapons Edge Closer To Battlefield Use

Three months after China unveiled "Silent Hunter" - its vehicle-slicing laser weapon, Stars & Stripes reports that US military forces are testing their own array of hi-tech weaponry.

 

 The Silent Hunter laser is powerful enough to cut through light vehicle armor at up to a kilometer away, making you wonder if China already has more powerful laser weapons only for domestic use.

Pages