Trump Blinks Again, Unilaterally Extends Iran Ceasefire After Pakistan Talks Fail To Launch

N.Korea Tests Submarine-Launched Cruise Missiles For First Time In Years Via The Libertarian Institute  North Korea says it successfully test-fired two types of submarine-launched cruise missiles. The test marks the first reported launch of missiles from underwater by North Korea in three years. “The Missile Administration of the Democratic People’s Republic of Korea test-fired two kinds of submarine-launched strategic cruise missiles in the East Sea of Korea on October 14,” North Korean state media reported on Thursday. “The test-fire aimed to examine the current mobilized posture of the underwater combat systems and...

Debt Crisis Back? European Bond Markets Crash, CDS Explode Amid France Budget Panic Contagion It's starting to smell awful sovereigny crisisy in Europe all over again. In a vivid deja vu to the peak European debt crisis days of 2010 (and 2011... and 2012... and 2015), credit spreads, credit default swaps and the risk premium in euro-area government bonds exploded on Thursday to levels not seen in over a decade, following a rout sparked by concerns around France’s fiscal and political situation which in addition to local social chaos, is starting...

The US military is preparing for the possibility of a sustained, weeks-long operation against Iran if President Trump orders an attack on the country, Reuters has reported, as the US continues to build up its forces in the region. The report, which cited two unnamed US officials, said a US attack on Iran could lead to a […]