This year geopolitical risks have made a staggering jump to the forefront, reflecting the instability in the Middle East and North Africa, the ongoing conflict in Ukraine, the rise of terrorist groups such as ISIS and Boko Haram, and even tension in the South China Sea. H/T Visual Capitalist Geopolitical Risks: Interstate Conflict Is Highest … Continue reading
According to local media, the Indian Army crossed the border into Myanmar on Tuesday and killed some 115 Indian insurgents who fled to the neighboring country after having murdered 30 Indian soldiers in three separate attacks in May and June. By Sputnik News India’s army raid on camps of Indian insurgents in neighboring Myanmar has changed the country’s counter-insurgency … Continue reading
Standard & Poor’s has lowered Greece’s sovereign rating one notch further into junk territory, saying the country will likely default within the next 12 months if it doesn’t agree with its creditors over the €7.2 billion installment. S&P downgraded the rating to “CCC” from “CCC+” – a highly speculative rating on S&P’s scale – saying … Continue reading
What’s the connection between the G7 summit in Germany, President Putin’s visit to Italy, the Bilderberg club meeting in Austria, and the TTIP – the US-EU free trade deal – negotiations in Washington? By Pepe Escobar We start at the G7 in the Bavarian Alps – rather G1 with an added bunch of “junior partners” … Continue reading