Reuters

Tyler Durden's picture

Angry Bond Insurers Sue Puerto Rico Over "Clawback" Boondoggle





“The commonwealth has committed itself to a ‘scorched earth’ strategy of blaming its fiscal and structural problems on lenders, Congress and others, in an effort to deflect responsibility and obtain retroactive application of bankruptcy laws.”

 
Tyler Durden's picture

North, South Korea "At The Brink Of War" As Loudspeaker Dispute Spirals Out Of Control (Again)





South Korea - which Kim Jong-Un says is "jealous" of the North's "H-bomb" test - has resumed blaring anti-Pyongyang propaganda over loudspeakers installed on the two countries' border, a move the North says has once again brought the Korean Peninsula "to the brink of war."

 
EconMatters's picture

Taiwan Election: How a DPP Win Would Tick Off China





Time Magazine cover says she could lead the only Chinese democracy.  The same woman also said "Violence Is Normal in a Democratic Society"

 
Tyler Durden's picture

China's Largest Bank Is Mystery Buyer Of Massive 1,500 Ton Gold Vault In London





Here is precisely where the brand new gold vault of the world's biggest bank will be located.

 
Tyler Durden's picture

Calls For "Retroactive Assessment" Begin After US Arrests Two Mid-East Refugees On Terror Charges





"I commend the law enforcement for apprehending these two individuals, but their apprehensions raise the immediate question: Who else is there? What are they planning next? We need to see a systematic and careful retroactive assessment of refugees brought in from high-risk countries."

 
Tyler Durden's picture

Militia Leader Refuses Sheriff's Roadside Offer To End Standoff: "I Don't Need An Escort"





"We're here for the people of Harney County. We're here because people were being ignored. Now we're getting ignored again."

"I didn't come here to argue."

 
Tyler Durden's picture

Frontrunning: January 8





  • U.S. jobs market seen fairly healthy despite slowing economy (Reuters)
  • China State Funds Said to Buy More Shares After Market Rout (BBG)
  • Global Stocks Gain Some Respite (WSJ)
  • U.S. Jobs Data Take on Added Importance With Markets in Turmoil (BBG)
  • GOP Health Plans Are Works in Progress (WSJ)
  • For economy czar of crisis-hit Venezuela, inflation 'does not exist' (Reuters)
 
Tyler Durden's picture

Markets Spooked After China Central Bank Announces More Rate Liberalization, Yuan Internationalization





U.S. STOCK INDEX FUTURES PAIR GAINS SLIGHTLY AFTER CHINA'S CENTRAL BANK SAYS IT WILL FURTHER LIBERALIZE INTEREST RATES - RTRS

Translated: even more devaluation + even less intervention = bad for risk.

 
Tyler Durden's picture

"The Jihadists Will Attack Europe": Leaked Phone Call Shows Gaddafi Warned Tony Blair Of Terror Attacks





"They keep saying things like Mohammed is the prophet. Similar to Bin Laden. They are paving the way for him in North Africa."

 
Tyler Durden's picture

Here We Go Again: Chinese Stocks Plunge, Give Up Early Gains Despite Yuan Fix Unchanged





Update: *SHANGHAI COMPOSITE INDEX FALLS 2.04%(AFTER BEING UP 3.2%)

With all eyes on Chinese FX and equity markets, following the worst start to a year for US (and Chinese) stocks in history, PBOC decided (after 7 straight days of devaluation and 7% devaluation since August) to halt the run and increase Yuan fix by a paltry 0.01% to 6.5636 (notably below yesterday's 6.5939 CNY close). Offshore Yuan is strengthening and US equity markets are jumping. Chinese equity markets (now theoretically unhampered by their circuit-breaker panic switch) are far less impressed.

 
Tyler Durden's picture

"We Came, We Saw, He Died" – Revisiting The Incredible Disaster That Is Libya





"In retrospect, Obama’s intervention in Libya was an abject failure, judged even by its own standards. Libya has not only failed to evolve into a democracy; it has devolved into a failed state...As bad as Libya’s human rights situation was under Qaddafi, it has gotten worse since NATO ousted him."

 
GoldCore's picture

Perth Mint Silver Coins Sales Surge 56%, Gold Sales Drop 16% In 2015





Silver stackers continued to accumulate silver coins and bars.

 
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