Kim Oversees Test of New Engine for North Korean ICBM

Huge Provocation: Russia-Installed Official In Ukraine Hosts Talks With North Korean Envoy Both Kiev and Washington have been met with a new provocation related to North Korea's role in supporting Russia during the over four-year long Ukraine war, at a moment Russia continues to claim sovereignty over Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts. Ukraine and its Western backers have vehemently rejected Russia's hold on Ukrainian territory, and efforts to annex and politically normalize the occupation. But now, for the first time a Russian-installed official in Kherson is hosting North Korean diplomats in...

Introduced late last week, the Israel-Lebanon ceasefire is “holding” in the sense that it’s still being called a ceasefire, but with Israel’s weekend introduction of a Gaza-style “Yellow Line” it seems increasingly apparent this ceasefire will neither cease fire nor stop the Israeli destruction of southern Lebanon. In Gaza, Israel established “Yellow Lines” that effectively […]

Them's Fightin' Words By Benjamin Picton, Rabobank Senior Market Strategist Resigned Brent crude front-month futures are inching higher this morning after ending May down almost 20%. The May selloff has been courtesy of Mr Market’s Pavlovian response to fresh peace rumours, though it still remains the case that a deal has not been done and the Strait of Hormuz remains closed. US equity indices closed higher across the board on Friday, but Asian stocks are mixed in early trade today. The S&P500 has now had nine-consecutive positive weekly closes and is sitting at...