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Asian Stocks Slide On iPhone X Demand Fears; US Futures Flat In Thin Holiday Trading

Asian Stocks Slide On iPhone X Demand Fears; US Futures Flat In Thin Holiday Trading

For the second day in a row, most Asian markets - at least the ones that are open - were dragged lower by tech stocks and Apple suppliers, with the MSCI Asia Pacific Index down 0.2% led by Samsung Electronics and Taiwan Semiconductor Manufacturing in response to the previously noted report that Apple will slash Q1 sales forecasts for iPhone X sales by 40% from 50 million to 30 million. Most Asian equity benchmarks fell except those in China. European stocks were mixed in a quiet session while U.S.

50,000 Evacuated From Bali As Nation Faces Imminent Volcanic Eruption

50,000 Evacuated From Bali As Nation Faces Imminent Volcanic Eruption

Authored by Mac Slavo via SHTFplan.com,

Fears of an imminent eruption on the Indonesian tourist island of Bali have led to the evacuation of an estimated 50,000 people.  

The Mount Agung volcano is going to erupt, scientists say.

Waskita Sutadewa, the spokesman for the disaster mitigation agency in Bali, said people have scattered to all corners of the island and some have crossed to the neighboring island of Lombok.

Indonesia Will Barter Coffee, Tea And Palm Oil For Russian Fighter Jets

On Monday Russia warned that it would begin aggressively reducing its dependence on the US Dollar and US-based payment systems, and shortly after it confirmed just that when Indonesia announced that it will barter coffee, palm oil, tea and various other commodities in exchange for 11 Russian-made Su-35 fighter jets, calling U.S. and European sanctions against Russia "an opportunity to boost the Southeast Asian nation's trade."

These Guys Are Destroying Uber (Yet Few Westerners Have Ever Heard Of Them)

These Guys Are Destroying Uber (Yet Few Westerners Have Ever Heard Of Them)

Via Peter K of SovereignMan.com,

I’m visiting my brother in Indonesia right now.

Being a good host, he was fixing us vodka martinis, when he realized he ran out of olives.

Both of his drivers had finished for the day so I was expecting him to compromise on the olives.

No need.

He loaded up a mobile phone app and ordered a jar of olives.

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