North Korea

F-18 Fighter Jet From Carl Vinson Carrier Crashes Off The Philippines

With the USS Carl Vinson finally on its way to North Korea after some initial "miscommunications" between the White House and the Pentagon, on Friday it suffered another embarrassing moment when a F-18 pilot was forced to eject during an attempted landing on the deck of the Vinson in the Celebes Sea, south of the Philippines, the US Navy said in a statement. The pilot was recovered safely.

China Is Building The World's Largest Nuclear Submarine Facility

Starting later in 2017, China's new submarine factory on the Yellow Sea will churn out nuclear-powered attack submarines ensuring that the sub program of the People's Liberation Army Navy will soon be a deadly global force. Once fully operational, the assembly line will enable China to at least match USN SSN production.

South Korea On Heightened Alert As North Prepares For Major Army Event

"Although North Korea attempted a missile launch but failed on April 16, considering the April 25 anniversary of the Korean People's Army, there are concerns that it can make another provocation again at any time," South Korea's acting president Hwang Kyo-ahn told top officials on Thursday.

North Korea Threatens US With "Super-Mighty Preemptive Strike"

"In the case of our super-mighty preemptive strike being launched, it will completely and immediately wipe out not only U.S. imperialists' invasion forces in South Korea and its surrounding areas but the U.S. mainland and reduce them to ashes."

China Escalates Pressure On North Korea: Crude Oil Supply Halt On The Table

While US and North Korean officials have traded verbal missiles in the past few days, China has been noticably quiet. However, that just changed as a prominent Chinese expert told The Nikkei that China likely will halt crude oil exports to North Korea should Pyongyang conduct its sixth nuclear test, signaling a tougher attitude by Beijing toward its rogue neighbor.

TDB's picture

If you lived in North Korea, you might think your government had attacked a U.S. aircraft carrier which was approaching the country. You would probably think North Korea had the capabilities to hold their own against the U.S. including “super mighty” preemptive nuclear strikes which could hit mainland USA.

Frontrunning: April 20

  • White House to risk shutdown as Trump searches for “win” (Politico)
  • Saudi Minister Wants OPEC Oil-Production Deal Extended, Perhaps for Less Than 6 Months (WSJ)
  • Russia denies Reuters report think tank drew up plan to sway U.S. election (Reuters)
  • Fed's Kaplan: Three rate rises this year 'still a good baseline' (Reuters)
  • Ex-Arconic CEO Sent Vague Threat to Hedge-Fund Boss (WSJ)

Europe And S&P Futures Higher, Dollar Drops As OPEC Talks Oil Up

European stocks rose amid earnings beats, offsetting weakness in the energy sector and easing investor concerns ahead of the weekend’s French election. Asian shares and U.S. futures also rise. The dollar weakens against the euro and most crosses, while crude oil rebounds following renewed OPEC chatter of a production cut, this time with Saudi Arabia seemingly onboard.

Goldman Warns 1-In-3 Chance Of Government Shutdown In May

Goldman's Jan Hatzius believes the odds of a government shutdown next week are fairly low, but rise to around one in three if the debate extends into May. A shutdown at the start of the next fiscal year, in October, is a greater risk in their view.

What A War With North Korea Would Probably Look Like

So, if war with North Korea is inevitable given the circumstances, what would such a war look like? Here are some elements I think are most important; elements that make the war almost unwinnable, if winning is even the purpose