You are here

United States

What the N. Korean “Crisis” Is Really About

What the N. Korean “Crisis” Is Really About

Paul Craig Roberts

The North Korean “crisis” is a Washington orchestration. North Korea was last at war 1950-53. N. Korea has not attacked or invaded anyone in 64 years. N. Korea lacks the military strength to attack any country, such as South Korea and Japan, that is protected by the US. Moreover, China would not permit N. Korea to start a war.

So what is the demonization of N. Korea by the presstitutes and Trump administration about?

PIMCO Warns "Brace For Lower Growth" From A Less 'Impulsive' China

PIMCO Warns "Brace For Lower Growth" From A Less 'Impulsive' China

Authored by Gene Frieda via PIMCO's blog,

Following the defeat of the new U.S. healthcare bill, investors have begun to rethink the likely time frame and extent of the Trump administration’s other top priorities, such as fiscal stimulus. Equity markets stalled and bonds rallied as investors toned down their expectations for global reflation recently.

Crude, Gasolline Tumble After Surprise Inventory Build, Production Rise, Gasoline Demand Drop

Crude, Gasolline Tumble After Surprise Inventory Build, Production Rise, Gasoline Demand Drop

Following API's surprisingly large drawdowns, DOE almost completely refuted it with an inventory build for gasoline and a very small draw for crude. WTI and RBOB prices dropped on the headlines, not helped by yet another increase in US crude production to cycle highs.

API

  • Crude -4.158mm (-3.5mm exp) - biggest since 2016
  • Cushing -215k
  • Gasoline -1.93mm (+1mm exp)
  • Distillates -436k

DOE

Pages