Global Tensions at All-Time Highs
The Russians AREN’T Happy Hi Reader, Here’s what our editors are looking at today… | | | Jim Rickards: Russian Warships Steam For Caribbean As Ukraine Tensions Go Global In a show of force perhaps prompted by President Biden's authorization of Ukrainian strikes inside Russia using US weapons, a group of Russian warships is en route to the Caribbean, a senior US official has told McClatchy and the Miami Herald. The deployment signals Russia's capacity to operate globally while still fully engaged in its third year of war in Ukraine. “This is about Russia showing they are still capable of some level of naval power projection,” the official said. “We should expect more of this activity going forward.” In March, Ukraine claimed it had either sunk or disabled a full third of Russia's ships in the Black Sea. Long-range Russian bombers will rendezvous with the ships for combined naval and air maneuvers. Such exercises are not without precedent: Russia conducted similar combined-arms Caribbean maneuvers in 2019 and had a streak of sending ships into the Western Hemisphere at least annually from 2013 to 2020. Following the summer exercises, Russia is expected to engage in a worldwide naval exercise this fall. ⇒ Read More Here | |
Byron King: Author and Title Israel and Hezbollah Move Closer to Full-Scale War Israel and Hezbollah are moving closer to a full-scale war after months of escalating hostilities with the Lebanese militant group, adding pressure on Israel’s government to secure its northern border. Hezbollah, a U.S.-designated terrorist organization closely aligned with Iran, opened a battlefront with Israel on Oct. 8, a day after the deadly Hamas-led raid inside Israel sparked the current war in Gaza. Without a cease-fire in Gaza and subsequent deal with Hezbollah that meets Israel’s requirements, Israeli officials say an offensive is inevitable. ⇒ Read More Here | |
Alan Knuckman: The China Equity Trade Is Back. Here Are the Stocks to Buy… How sentiment evolves during Friday’s session may depend on a truly eclectic trio of events, with traders of various stripes keeping an eye on GameStop, pre-split Nvidia shares and of course the nonfarm payrolls report. But perhaps the most important piece of news for the longer term came from the other side of the globe, where China revealed a 7.6% surge in exports for the year to May. It’s the kind of improving data for the world’s second-biggest economy that is getting analysts increasingly more positive about Chinese stocks. ⇒ Read More Here That’s all for today, we’ll be back Monday with more of our top articles. Make sure to email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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Keep a civil tongue.