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Russian, Chinese Ships Tail USS Carl Vinson in East China Sea

UnknownThe nuclear-powered aircraft carrier and its group are believed to be in waters around the East China Sea, heading north toward the Korean Peninsula. China and Russia, which prioritize stability on the Korean Peninsula, have expressed their concern over the tough US stance towards North Korea, with Russian Foreign Minister Sergey Lavrov saying the issue should be resolved peacefully through political and diplomatic efforts. The dispatch of the intelligence-gathering vessels may be aimed at sending a warning signal to the United States, reports have speculated. No official comments from the Russian Defense Ministry were available at the time of publication……Read More

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China and Russia dispatch ships to shadow Donald Trump’s ‘armada’ as it approaches North Korean waters – Japanese media repo

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Chinese Gold Standard Would be “Game Changer”

thCould gold, the world’s longest running currency be used to create a new order in global currencies? The Chinese central bank is said to be considering backing its yuan with the yellow metal. This move, says Ken Hoffman, Global Head of Metals and Mining Research for Bloomberg Intelligence, would be a “game changer.” Why would China consider such a move? Hoffman explains that Chinese policy makers are already trying to establish the yuan as a reserve currency, and backing it with gold would help attract foreign capital inflows. China is expected to receive approval from its central bank for a yuan-denominated gold fix, with a potential for an announcement as early as next week. Hoffman explains that a gold standard would not necessarily create a big constraint to the Chinese central bank, as many believe. “It could be at any price they fix. Read Article

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Signs Of Financial Turmoil In Europe, China And The United States

Earth-In-Peril-Public-Domain-460x325As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe. In Greece, a full blown bank run is happening right now. Approximately 2 billion euros were pulled out of Greek banks in just the past three days, Barclays says that capital controls are “imminent” unless a debt deal is struck, and there are reports that preparations are being made for a “bank holiday” in Greece. Meanwhile, Chinese stocks are absolutely crashing. The Shanghai Composite Index was down more than 13 percent this week alone. That was the largest one week decline since the collapse of Lehman Brothers. In the U.S., stocks aren’t crashing yet, but we just witnessed one of the largest one week outflows of capital from the bond markets that we have ever witnessed. Slowly but surely, we are starting to see the smart money head for the exits. Read Article

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The Chinese Are Coming to Collect On the American Debt

chinese-peacekeepers-300x200There is an aspect of Jade Helm that we have not considered and that is the Chinese perspective.I have written about various alphabet soup agency people and their families who have gone into hiding in specially prepared enclaves with their colleagues in anticipation to what is coming. Many, including one FEMA family that I knew personally, have repeatedly spoken about the taking down of the power grid. For DHS head, Janet Napolitano knows what’s coming as she stated in her farewell address, “It is not a matter of if, but when the power grid will be taken down”. Congressman Trent Franks (R-AZ) has been issuing the same exact warnings. I think the takedown of the grid is a low probability event given the present circumstances. Read Article

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Two Chinese Warships Enter Black Sea, Reports Link Visit to Possible Chinese Frigate Sale to Russia

547Two People’s Liberation Army Navy (PLAN) guided missile frigates entered the Black Sea on Monday in a first for the PLAN, according to photos of the ships crossing the Bosporus Strait obtained by USNI News. The pair is bound for the Russian naval base at Novorossiysk ahead of a planned visit from Chinese president Xi Jinping to Moscow to commemorate the end of World War II in Europe , according to Russian state media reports. The ships will arrive at Novorossiysk by May 9, according to press reports. Read Article

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Thin Clients & Persistent Threats: Coping With The New Cyber Dangers

cyberaFour days after Defense Secretary Ash Carter launched the Pentagon’s new cyber strategy, experts and officials offered a grim picture of the global threat. The threat is metastasizing in ways that will require new kinds of defenses — even while many US companies and government agencies lag on basic cybersecurity measures. “The Chinese in particular are cleaning us out” by exploiting well-known vulnerabilities it would be easy to patch, said Stephanie O’Sullivan, principal deputy to Director of National Intelligence James Clapper. Meanwhile, Russia remains the most sophisticated threat, she told a Georgetown University cyber conference, while Iran and North Korea are less capable but more “unpredictable and aggressive.” Read Article

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Israel applies to join China-backed AIIB investment bank

th-1Prime Minister Benjamin Netanyahu has signed a letter of application for Israel to join the China-led Asian Infrastructure Investment Bank (AIIB), the Israeli Foreign Ministry said on Wednesday. More than 40 countries, including Australia, South Korea, Britain, France, Germany and Italy, have said they would sign up to the AIIB, with Japan and the United States the two notable absentees. China set a March 31 deadline to become a founding member of the AIIB, an institution that could enhance Beijing’s regional and global influence. Read Article