KIM

North Korea Threatens US With "First-Strike" Nuclear ICBM

North Korea has nothing to fear from any U.S. move to broaden sanctions aimed at cutting it off from the global financial system and will pursue "acceleration" of its nuclear and missile programs, including developing a "pre-emptive first strike capability" and an inter-continental ballistic missile, a North Korean UN envoy warned.

North Korea "One Step Closer To ICBM Launch" After Successful Test Of "New Type" Rocket Engine

North Korea announced it has conducted a ground test of a new type of high-thrust rocket engine that leader Kim Jong Un is calling a "revolutionary breakthrough" for the country's space program. The claim of a successful test of the high-thrust rocket engine would put North Korea a step closer to being able to launch an intercontinental ballistic missile, the WSJ reported.

White House Makes Formal Apology To Britain Over Spying Accusation

The White House has assured UK Prime Minister Theresa May that it will not repeat claims that GCHQ spied on Donald Trump, a spokesman for Downing 10 said. "We've made clear to the administration that these claims are ridiculous and they should be ignored and we've received assurances that these allegations will not be repeated."

China Unexpectedly Tightens Monetary Policy

Following The Fed's 3rd rate hike in 11 years, the PBOC decided, unexpectedly, to follow in the Fed's footsteps, and tighten conditions by raising the interest rates on its open-market operations, the 7-, 14-, and 28-day reverse-repos, by 10bps each, to 2.45%, 2.6% and 2.75% respectively.

North Korea Puts Army Into "Combat Mode"

"With the new orders, they must stay in battle uniform at all times, and all cadres below the rank of the commander are prohibited from commuting from their homes. The atmosphere is very tense..."

North Korea Threatens US With "Merciless Strikes" As US Carrier Arrives

"If they infringe on the DPRK's sovereignty and dignity even a bit, its army will launch merciless ultra-precision strikes from ground, air, sea and underwater," the North's state news agency KCNA adding that "on March 11 alone, many enemy carrier-based aircraft flew along a course near territorial air and waters of the DPRK to stage drills of dropping bombs."

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday's selloff. Crude oil has continued its retreat, down 0.2% and sliding for a 6th straight day after breifly dropping below $48 in overnight trading.

16 Reasons Not To Live In California

 It has been said that "as California goes, so goes the nation."  That is why it is such a shame what is happening to that once great state...

Police Escort South Korea's Former President Out Of Her Official Residence

South Korea's disgraced former president was escorted out of her official Blue House residence on Sunday, two days after a constitutional court upheld a decision to impeach Park Guen-hye. Park struck a defiant tone upon arriving at her private home in the Gangnam district of the capital, Seoul, after leaving the Blue House compound in a motorcade of fast-driving black cars, flanked by police motorbikes.

Is A Korean Missile Crisis Ahead?

“The two sides are like two accelerating trains coming toward each other with neither side willing to give way,” says Chinese Foreign Minister Wang Yi, “Are (they) really ready for a head-on collision?” So it would seem.