Sanctions

Stock-market-collapse

PerryScope By Perry Diaz Planet Earth has shrunk so much that more than seven billion people’s lives are intertwined and their countries’ economies are inter-dependent with one another. If one country goes down, it pulls down many others, too. It did not then come as a surprise that when China’s stock market crashed, it was like a huge meteor falling in the middle of the Read More …

President Barack Obama makes a statement on Ukraine, Thursday, March 20, 2014, on the South Lawn at the White House in Washington before departing for Florida. President Barack Obama said the US is levying a new round of economic sanctions on individuals in Russia, both inside and outside the government, in retaliation for the Kremlin's actions in Ukraine. He also said he has also signed a new executive order that would allow the U.S. to sanction key sectors of the Russian economy. (AP Photo/Charles Dharapak)

By Rob Garver  The Fiscal Times He may not take shirtless horseback rides across the steppes, or have a black belt in judo, but on Thursday, President Obama sent a message to Russian president Vladimir Putin about strength. Specifically, economic strength. The message was this: Whenever I decide to, I can pick up a pen, and kill a significant financial institution in your country. Related: Read More …

Russian President Vladimir Putin signs annexation of Crimea.

PerryScope By Perry Diaz A series of events that led to Russia’s annexation of Crimea have made many to wonder: why didn’t the western powers do anything to stop Russia from grabbing Crimea? And when Russian President Vladimir Putin signed the law that formalized the annexation of Crimea, President Barack Obama stressed that there will be no “military excursion” into Ukraine. That was like telling Read More …

Coast guards free “hostages” from a simulated hijacked vessel during a Coast Guard Administration drill in Taichung Port yesterday aimed at demonstrating the coast guard’s ability to protect the nation’s sovereignty, maintain security and enforce the law. (Photo: CNA)

Death on the High Seas: Ma issues ultimatum over fisherman’s death 72 HOURS:The government will freeze Filipino workers’ applications and recall its envoy if Manila fails to respond to Taiwan’s demand for a formal apology and arrest of the suspect in a fisherman’s death By Mo Yan-chih  Taipei Times The administration of President Ma Ying-jeou (馬英九) yesterday gave the Philippines 72 hours to arrest those Read More …

Geopolitical-Weekly

By George Friedman Founder and Chairman Stratfor North Korea’s state-run media reported Sunday that North Korean leader Kim Jong Un has ordered the country’s top security officials to take “substantial and high-profile important state measures,” which has been widely interpreted to mean that North Korea is planning its third nuclear test. Kim said the orders were retaliation for the U.S.-led push to tighten U.N. sanctions Read More …

South Korean soldiers set up a barbed wire fence during an exercise near the border village of Panmunjom. (Ahn Young-joon, Associated Press / March 11, 2013)

North Korea says the 1953 truce is over and ‘the time for final showdown has arrived.’ The U.S. cuts off one of the North’s banks from the American financial system. By Paul Richter and Jung-yoon Choi Los Angeles Times WASHINGTON — The Obama administration reacted with new sanctions and blunt warnings Monday to a North Korean declaration that it had “completely scrapped” the 1953 armistice Read More …

This picture, taken by North Korea's official Korean Central News Agency on March 7, 2013 shows North Korean leader Kim Jong Un (C) using a pair of binocular to look south as he inspects Jangjae Islet Defence Detachment near South Korea's Taeyonphyong Island in South Hwanghae province, North Korea's southwestern sector of the front. (AFP Photo/KCNA via KNS)

Source: RT.com Recent statements by Seoul have angered Pyongyang to the extent that the latter considers them a cry for war. This follows North Korea’s nullifying all non-aggression pacts and cutting the hotline with its southern neighbor. According to North Korea’s official news agency KCNA, Pyongyang’s senior official with the Committee for the Peaceful Reunification of Korea demanded an apology on Saturday, reacting to the Read More …

North Korean leader Kim Jong-un on his way to a military unit on Jangjae Islet Thursday. (AP Photo/KCNA via KNS)

Source: Bloomberg News North Korean leader Kim Jong-un told front-line troops the military is ready for “all-out war” against its enemies as the hermit nation nullified the 1953 armistice that ended the Korean War. The North also closed liaison channels with South Korea and the United States. China, meanwhile, is appealing for calm and urging both sides to avoid escalating the already-tense situation in the Read More …

North Korean TV has been showing images of Kim Jong-un visiting troops at undisclosed locations

SOURCE: BBC North Korea says it is scrapping all non-aggression pacts with South Korea, closing its hotline with Seoul and shutting their shared border point. The announcement follows a fresh round of UN sanctions punishing Pyongyang for its nuclear test last month. Earlier, Pyongyang said it reserved the right to a pre-emptive nuclear strike against its “aggressors”. The US said it took the threats seriously, Read More …

A protester holds a mask of President Aquino in a protest at the Philippine consulate in Hong Kong yesterday. AP

By Aurea Calica The Philippine Star   MANILA, Philippines – The Philippines would not be provoked by any action – and would not initiate provocative acts – that might lead to the escalation of tensions between Manila and Beijing, Malacañang said yesterday. Presidential spokesman Edwin Lacierda said Manila would instead continue to engage in diplomacy in the face of apparent Chinese economic sanctions. Lacierda said Read More …