Iran's Financial Hub, The UAE, May Freeze Billions In Assets Over Retaliatory Strikes

From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos 'Leverage goes both ways...' That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea. Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)... Triggering yet another circuit-breaker... You didn’t pray hard enough The...

CCP Bans Sale Of Retired Military Equipment, Citing Security Risks Authored by Alex Wu via The Epoch Times, The Chinese regime's military and public security authorities have jointly issued an order banning the sale, assembly, and marketing of retired military equipment, citing "security risks to military secrets." Chinese People's Liberation Army (PLA) soldiers take part in military training at Pamir Mountains in Kashgar, northwestern China's Xinjiang region, on Jan. 4, 2021. STR/AFP via Getty Images The Notice on Prohibiting Sales Activities Involving Retired or Scrapped Military Equipment was issued on July 28 by...