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Japan Cites "Severity And Uncertainty" Of China Threat In Seeking Aircraft Carriers
Japan has announced that for the first time since World War II it is seeking aircraft carriers as part of a massive 5-year $242-billion military overhaul, primarily to counter what it perceives as a growing China threat, which is about $17.8 billion more than in an earlier defense budget. Defense officials unveiled plans on Tuesday to… Read More
Naspers hands A2X ‘Big Win’, 15th listing since launch
By Roxanne Henderson and Colleen Goko (Bloomberg) – Naspers Ltd. will start trading on South Africa’s A2X Markets for secondary listings next week, the greatest prize yet for the upstart bourse as it seeks to challenge the operator of the country’s main stock exchange. Naspers, Africa’s largest company by market value, will make its A2X debut… Read More
Why Everything That Needs to Be Fixed Remains Permanently Broken
Just in case you missed what’s going on in France: the status quo in Europe is doomed. The status quo has a simple fix for every crisis and systemic problem: 1. create currency out of thin air 2. give it to super-wealthy banks, financiers and corporations to boost their wealth and income. One way these… Read More