“Overnight, realizing it is facing an avalanche of lawsuits even though it explicitly laid out the possibility of the ETN getting ‘terminated’ should VIX explode, Japan’s biggest brokerage issued an apology after investors in its $300 million vol-linked ETN were all but wiped out during this week’s stock-market turmoil.”
“As global bond yields break ever higher, it appears The Bank of Japan is realizing it is losing control of its yield curve and today unleashed a double-whammy to stifle the bond bears… Whammy 1 – BoJ offers to buy unlimited 10Y notes at 11bps. Result – a 0.5bps drop in the JGB yield!!”
“A tech savvy nation that highly valued digital goods and also had a penchant for gambling without a viable outlet was naturally drawn to cryptocurrencies. The densely packed and hyper-connected composition of Seoul allowed for word of the massive gains being made from cryptocurrency investments to spread rapidly throughout the population, creating a mania. The rise of cryptocurrency’s popularity coincided with political turmoil that distracted the government from a situation that under normal circumstances, it would have tried to control.”
Read more: https://www.cryptoambit.com/blog/2018/1/21/south-korea-and-the-crypto-craze
“The news brings big-name competition to the ASIC space, which is dominated by China’s Bitmain and Canaan Creative, both of which work with Taiwanese giant TSMC. Indeed, the crypto explosion is said to have added $350-$400 million to TSMC’s (already impressive) quarterly revenues.”
Read more: https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/
“Line has created a new financial company that will offer cryptocurrency trading on top of staples like insurance and loans. It’s not saying what currencies will trade or when the virtual money service will be an option, but it plans to make all the services available within the Line chat app. This isn’t as far-fetched as it sounds. Japan is one the largest cryptocurrency markets, and it still has a huge user base even when you don’t include its other products.”
Read more: https://www.engadget.com/2018/01/31/line-plans-cryptocurrency-trading/
“Former Secretary of State Henry Kissinger has said that he agrees with the aggressive statements President Trump has made towards North Korea. The former Secretary of State said that the Trump Administration ‘will hit that fork in the road, and the temptation to deal with it with a pre-emptive attack’ against North Korea ‘is strong, and the argument is rational.'”
“Anyone who was paying attention during George W. Bush’s State of the Union addresses in 2002 and 2003 would have found Trump’s statements frighteningly familiar: Trump used exactly the same justifications for war with North Korea as Bush had for war with Iraq when standing at the same podium.”
Read more: https://theintercept.com/2018/01/30/donald-trump-state-of-the-union-north-korea/
“Not only will the B-61’s new modification make it ideal for destroying dug-in bunkers, the kind in which North Korean leader Kim Jong Un might hide during a conflict, but it has an adjustable nuclear yield that could limit harmful radioactive fallout after a nuclear attack.”
Read more: http://www.businessinsider.com/us-stealth-bombers-guam-tactical-nuclear-strike-north-korea-2018-1
“Like the Romans, we have become an empire, committed to fight for scores of nations, with troops on every continent, and forces in combat operations of which the American people are only vaguely aware. As in all empires, power is passing to the generals. And what causes the greatest angst today in the imperial city? Fear that a four-page memo worked up in the House Judiciary Committee may discredit Robert Mueller’s investigation of Russia-gate.”
Read more: https://www.creators.com/read/pat-buchanan/01/18/too-many-wars-too-many-enemies
“Russia’s ambassador to North Korea has warned that a United Nations attempt to cut all oil supplies to the rogue nation could spark a global conflict. Last month, the U.N. Security Council voted to cut 90 percent of petroleum exports to North Korea, something the militarized state referred to as “‘an act of war.’ The U.S. has repeatedly accused both China and Russia of defying these sanctions and covertly providing their neighbor with oil supplies at sea, something which both of them have denied.”
Read more: https://www.rawstory.com/2018/01/russia-warns-war-oil-north-korea-cut/
