Selected Articles: What is Going on in Asia? Financial Collapse, Pre-Emptive Nuclear Strikes…

depressionRecord Financial Collapse: Plunge In Japan’s Government Bonds Triggers Circuit Breaker, Halts Market…

By Tyler Durden, March 09 2016

It was just yesterday when we observed the record collapse across the Japanese curve when first the 10Y JGB plunged to an all time low -0.10%, followed promptly by 30Y yields dropping 21bps – the biggest absolute drop in over 3 years and biggest percentage drop ever – to a record low 47bps following Japan’s 30Year auction on Monday night.

economy-crisisIMF Issues New Warning on Global Economy as Chinese Exports Plunge

By Nick Beams, March 10 2016

The International Monetary Fund warned this week of a further weakening of the global economy following the release of figures showing a significant decline in Chinese and global trade.

fukushima-radiationFive Years after Japan’s Nuclear Disaster, TEPCO Executives Charged

By Ben McGrath, March 10 2016

In the lead up to the fifth anniversary of the Fukushima nuclear disaster, three former Tokyo Electric Power Company (TEPCO) executives were indicted late last month over their role in the meltdown of three reactors at the Fukushima Daiichi Nuclear Plant.

north-korea-usa-flagUS-South Korean Militaries Rehearse Pre-emptive Nuclear Strikes on North Korea

By Peter Symonds, March 08 2016

Massive joint US-South Korean military exercises began yesterday under conditions of high tension on the Korean Peninsula following North Korea’s fourth nuclear test in January and rocket launch last month.

koreamap1North Korea and the Nuclear Question. The Political Isolation of the DPRK. China and Russia Endorse Sanctions

By Chandra Muzaffar, March 07 2016

As expected, the North Korean leadership has escalated its rhetoric in the wake of the United Nations Security Council’s (UNSC) new, harsh sanctions on Pyongyang.

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