A report released by the Nikkei Asian Review indicates that China is prepared to release a yuan-denominated oil futures contract that is convertible (backed by) physical gold. The contract will enable China’s largest oil suppliers to settle oil sales in yuan, rather than in dollars, and then convert the yuan into gold on…
South Korea Holds Massive Live-Fire Naval Drills…
Putin Warns of ‘Global Catastrophe’…
China Begins to Reset the World’s Reserve Currency System…
It’s Time to Be Honest About What Exactly Apple Is Doing in China…
The New York Times celebrated Apple CEO Tim Cook as a beacon of moral and social responsibility in an article published Monday, but the tech company’s questionable activities in China were noticeably absent from the column. “I think we have a moral responsibility to help grow the economy, to help grow jobs…
Russia, China to Join Together in Space Exploration Effort…
China and Russia are set to sign a milestone agreement in October on joint space exploration from 2018 to 2022, sending manned missions to the Moon for the first time. The bilateral agreement will cover five areas including lunar and deep space exploration, developing special materials, collaboration in the area…
China Joins Russia in Condemning New U.S. Sanctions over North Korea…
China has made a statement condemning America’s most recent sanctions targeting individuals and entities in China and Russia alleged to be conducting business with North Korean entities. Chinese Foreign Ministry spokeswoman Hua Chunying has stated, “China opposes the imposition of unilateral sanctions outside…
A Furious China Responds To Latest Sanctions: Demands “U.S. Immediately Correct Its Mistake” Or Suffer Retaliation…
Less than 4 hours ago, the US Treasury announced that in the the latest set of actions targeting North Korea’s “WMD program”, among the entities sanctioned would be several Chinese and Russian companies and individuals. We said that “what this latest round of sanctions will achieve, is to further anger Beijing and…
Lebanese Army Finds Islamic State Anti-Aircraft Missile Cache…
Does ISIS have the capability of taking out a civilian passenger jet? According to an alarming new report by Reuters the answer appears to be yes. The Islamic State has long been rumored as in possession of surface-to-air missiles, and now it appears a US ally is providing ground level confirmation of what might be […]
That Didn’t Take Long – U.S. Formally Launches Section 301 Trade Investigation on China…
It’s all connected. The “Big Ugly” is underway. Intellectually honest people know the CEO boards and advisory council members were on the White House team to shape and protect their collective stakes in the upcoming America First economic trade reset. Nothing more. The intents of the prior participants were to protect their interests, period…
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