The largest exchange traded fund (ETF) that tracks South Korean equities, The iShares MSCI South Korea Capped ETF, just saw the largest weekly outflow since its inception back in 2000 as a rout in emerging markets deepens, oil prices continue to fall, concerns about the U.S. Fed hiking interest rates, and as tensions grow in the Korean peninsula between North and South Korea. … Continue reading
By Dr. Sukjoon Yoon Recent Western reports confirm that China is militarising disputed reefs and shoals in the South China Sea. China will obtain no military benefit from this but will simply acquire some weak naval bases at the cost of antagonising rival claimants. Even as ASEAN nations are responding warmly to China’s “Maritime Silk Road” … Continue reading
By Mike Whitney On February 10, 2007, Vladimir Putin delivered a speech at the 43rd Munich Security Conference that created a rift between Washington and Moscow that has only deepened over time. The Russian President’s blistering hour-long critique of US foreign policy provided a rational, point-by-point indictment of US interventions around the world and their … Continue reading
The U.S. has declared that Venezuela is a threat to national security and has ordered targeted sanctions against seven officials, The White House said on Monday. The targeted sanctions were imposed on senior Venezuelan officials, which include Venezuela’s army commander, national intelligence director, and national police director. U.S. President Barack Obama issued and signed the executive order on Monday that declares a “national emergency” amid … Continue reading
By Michael Snyder The Russian military and the U.S. military are going in two very different directions. Military spending in Russia is increasing by a whopping 33 percent this year alone, and the Russians are feverishly preparing as if a major war with the United States is inevitable. But despite the fact that the conflict in … Continue reading
By Alfredo Lopez When Caracas Mayor Antonio Ledezma was arrested last week, charged with organizing and leading a coup, the U.S. State Department’s spokeswoman Jen Psaki said: “The allegations made by the Venezuelan government that the United States is involved in coup plotting and destabilization are baseless and false. The United States does not support … Continue reading
By Pepe Escobar, Sputnik News The real story is, and will continue to be, how Iran, the key power in Southwest Asia, is about to be positioned in the nonstop complex ballet between the US, Russia and China. That’s one of the key vectors of the New Great Game in Eurasia. The real story was never … Continue reading
Venezuela’s government says it’s giving the U.S. two weeks to slash the size of its embassy staff in Caracas by over 80% from 100 diplomats to a mere 17 as tensions between the two nations rise, Reuters reported on Monday. Venezuela’s Foreign Minister Delcy Rodriguez made the announcement on Monday following a meeting with the top U.S. diplomat … Continue reading
By Nikkei Asian Review China appears to be planning to conduct a military parade in Beijing on Sept. 3 to mark the 70th anniversary of what it calls Victory over Japan Day. Although Beijing has not made any official announcements, local media reports suggest preparations are underway. Platform for Prestige After a long lull amid … Continue reading
By Natalya Zamarayeva “Pakistan reserves the right to safeguard its national security interests; the operationalisation of Indo-US nuclear deal for political and economic expediencies would have a detrimental impact on deterrence stability in South Asia,” the foreign minister of Pakistan said, describing the outcome of the visit of President Barack Obama to India in the … Continue reading