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Tag Archives: Southeast Asia

Thoughtful Pieces on the Lessons of COVID-19

Janan Ganesh, in the Financial Times, forcefully argues that the Covid19 has “no grand lessons for the world”. The significance of the pandemic is being stretched as implying the triumph of a “system” over another, but on the basis of poor evidence. Covid19 has taken the world by surprise and it is difficult to claim that systems characterized by more civic trust, or with stronger government, or with more liberal governments, performed better than their opposites....

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Treason: Presidential Candidates Successfully Conspired with Foreign Leaders to Thwart Official American Policy and Drag Out War

Long-time rumors about presidential candidate Nixon conspiring to delay the ending of the Vietnam War were recently confirmed. A year ago, historian and journalist John A Farrell wrote in the New York Times: fA newfound cache of notes left by H. R. Haldeman, [Nixon’s] closest aide, shows that Nixon directed his campaign’s efforts to scuttle the peace talks [President Johnson’s 1968 peace initiative to bring the war in Vietnam to an early conclusion], which he feared could give his opponent,...

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Bitcoin (BTCUSD) Testing Daily Chart Upchannel Resistance

Bitcoin (BTCUSD) Weekly/Daily Bitcoin (BTCUSD) was rejected yesterday at upchannel resistance (on the weekly and daily chart), and may see a few days of profittaking as hinted by the daily MACD histogram sliding down.  A stronger selloff could quickly coincide with the daily MACD negatively crossing.  Nevertheless, longer term bulls will take comfort in the weekly MACD still sloping strongly up.  I suspect that after the next few days of consolidation, BTCUSD bulls may try once again to reach...

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China Deploys Jets To South China Sea, As US Simulates War With North Korea

Late last week, China for the first time confirmed the deployment of its J-11B jet fighters to the heavily disputed South China Sea islands. Footage was released by Government-run China Central Television (CCTV) in the form of military propaganda directly challenging the United States and its allies in the disputed waters. The footage confirmed the aircraft are residing in various hangars on Yongxing island, a Chinese name for Woody Island, which is in the contested Paracel Island chain....

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India’s $207 Billion Mess Is Once-In-A-Lifetime Opportunity For Asia’s Richest Banker

In October, we discussed Indian Prime Minister, Narendra Modi’s, decision to hand over $32bn to recapitalise India’s state banks. The motivation was India’s slowing growth rate and the need to add one million Indians to the workforce every month. Crippled by massive bad debts, the state-owned banks were struggling to extend more credit to the economy. The announcement caused a surge in India’s Sensex equity index, led by the banks. India has the second highest bad debt ratio of the world’s...

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Faux Outrage: Reuters Says Tillerson Violating “Child Soldier Laws”; Ignores Same Policies Under Clinton-Obama

Late last night, Reuters published an "exclusive" report which was undoubtedly intended to be a "gotcha" hit piece on Secretary of State Rex Tillerson, courtesy of some disgruntled Obama/Clinton holdovers at the State Department.  The report from Reuters came after they got their hands on a confidential "dissent" memo, signed by " a dozen U.S. State Department officials" accusing Tillerson of violating the "Child Soldiers Prevention Act."  Here's a summary from Reuters: A group of about...

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Ethereum (ETHUSD) Daily MACD Trying to Negatively Cross

Ethereum (ETHUSD) Weekly/Daily Ethereum (ETHUSD) sold off sharply yesterday and continues sliding in today's Asia morning, arguably breaking below ascending wedge support (on the weekly/daily chart).  ETHUSD is now just a day's volatility away from the psychologically key 300 whole figure level.  A ETHUSD break below 300 in the next day or so would likely confirm the first red weekly candle in 5 weeks.  Bears will be patiently awaiting any deeper slide in the next few weeks to below the...

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US Destroyer Carries Out Trump’s 4th “Freedom Of Navigation” Operation In South China Sea

In a provocation that’s sure to raise eyebrows in Beijing, a US Navy destroyer on Tuesday sailed within 12 miles of Paracel islands in the South China Sea in what appears to be the first US “Freedom of Navigation” operation in two months. Reuters reports that the USS Chafee, a guided-missile destroyer, challenged “excessive maritime claims” near the Paracel Islands, among a string of islets, reefs and shoals over which China has territorial disputes with its neighbors. The operation is...

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The US Government Has Experimented With Controlling Hurricanes

Authored by Derrick Broze via TheAntiMedia.org, The 2017 hurricane season has wrought more damage on the Caribbean and the Gulf Coast of the United States than any season in the last decade. Tropical Storm Harvey smashed into the Gulf, temporarily swallowing Houston and other low lying areas. Meanwhile, Hurricane Irma caused millions of dollars in damage to Florida, Puerto Rico, and other Caribbean islands, leaving millions without power and water. Along with the gusts of wind, property...

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Oil Giants At Odds As Saudi-Russian Ties Improve

Authored by Nicholas Trickett via OilPrice.com, Oil Royalties Saudi King Salman bin Abdulaziz Al Saud visited Moscow last Wednesday, the first such visit by a Saudi monarch since the Soviet Union collapsed. Two topics dominated the agenda: Syria and oil. Saudi Arabia has likely found itself in the uncomfortable position of accepting Assad’s grip on power into the future in hopes of drawing Russia further away from Tehran in trying to resolve the Syrian Civil War. To that end, Saudi Arabia is...

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