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Read More: Growing Mayhem – US Operating on Both Sides of Syrian-Iraqi Border
Read the article: Japan PMI "Strongest Since March": Does That Mean "Strong"?
Read More: China Manufacturing PMI Treads Water
With that backdrop it will be easier to understand today’s Bloomberg report Argentina’s Bonds Decline on Plan to Offer Local-Law Swap . Argentina’s bonds sank to a two-month low after the government said it plans to pay foreign-currency notes locally to sidestep a U.S. court ruling that blocked payments and caused its second default in 13 years.
The laugh of the day is Mitt Romeny Claims Obama Worse Than Even I Expected . It’s easy enough to cite failures of Obama
Links Staged Provocations Ahead Possible US-Syrian War August 20, 2014 ( Tony Cartalucci – NEO ) – With the alleged brutal murder of American journalist James Wright Foley, a wave of anger and aggression across Western audiences has been generated.
Veteran journalist and Pulitzer Prize-winner Seymour Hersh warned in a prophetic 2007 New Yorker article titled, " The Redirection Is the Administration’s new policy benefitting our enemies in the war on terrorism? " that (emphasis added): To undermine Iran, which is predominantly Shiite, the Bush Administration has decided, in effect, to reconfigure its priorities in the Middle East. In Lebanon, the Administration has coöperated with Saudi Arabia’s government, which is Sunni, in clandestine operations that are intended to weaken Hezbollah, the Shiite organization that is backed by Iran.
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CNN reports …
Via translation from Libre Mercado, Spain Again Borrows Abroad to Finance Consumption . One of the main and genuine green shoots making the Spanish economy begins to show the first worrying signs of weakness