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Tag Archives: Kim Jong-un

A surprising turn of events in North Korea

Huge uncertainties hang over the proposed summit between the US and North Korea leaders.The South Korean national security director announced that the US President Donald Trump had accepted an offer of a meeting from Kim Jong Un, the leader of North Korea before May. While it has long been our view that a military conflict between the US and North Korea is relatively improbable, the announcement still came as a surprise.The proposed summit is definitely a big step in the right direction that...

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“Things Have Been Going Up For Too Long” – Goldman CEO

– “Things have been going up for too long…” – Goldman Sachs’ CEO – Lloyd Blankfein, Goldman CEO “unnerved by market” (see video) – Bitcoin bubble is no outlier says Bank of America Merrill Lynch– Bubbles are everywhere including London property– $14 trillion of monetary stimulus has pushed investors to take more risks– We are now in a new era of bigger booms and bigger busts – BAML– “Seeing signs of bubbles in more and...

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Sanktionen statt Waffen

Eine Provokation für den Rest der Welt: Die Nachricht von einem Raketentest flimmert über den Köpfen von Passanten in Pyongyang, 30. August 2017. Foto: Kyodo, Reuters In diesen Tagen wird im UNO-Sicherheitsrat um härtere wirtschaftliche Sanktionen gegen Nordkorea gerungen. Die USA fordern unter anderem, dass China seine Ölausfuhren nach Nordkorea einstellt. Nordkorea soll wirtschaftlich lahmgelegt und das Regime so von der Ausweglosigkeit seines militärischen Alleingangs überzeugt...

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Emerging Markets: What has Changed

Summary Head of Samsung Group Jay Y. Lee was formally arrested on allegations of bribery, perjury, and embezzlement. The assassination of Kim Jong Un’s half-brother suggests the political situation in North Korea may be heating up. The Polish central bank is tilting more hawkish. The Turkish central bank said it will allow domestic companies to use liras to repay export loans. Nigerian President Buhari may...

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