Skip to content

Tag: China

Vladimir Putin,  Xi Jinping

China and Russia Build Massive Database from Hacks to Use Against America

According to U.S. officials cited by the L.A. Times, China and Russia are cross-indexing the mountain of data stolen in the Office of Personnel Management hack earlier this year with other major data breaches, including stolen airline bookings and the Ashley Madison subscriber database, to identify intelligence officials, their agents, and assets.

Reuters

Politico: China’s Implosion Could be Worse Than the Spanish Empire

The Chinese turmoil roiling markets right now presents a fresh and profound challenge to the world economy: For the first time, a giant, non-European superpower threatens world financial stability and the powers that be seem at a loss. If the IMF and World Bank have stumbled with Greece, how are they going to get a hold on the stock market travails of Communist China? What tools do we even have to affect how it plays out?

REUTERS/Aly Song

China’s Stock Market Crisis Continues

Investors hope the U.S. and European markets are stabilizing after Monday morning’s free fall, but China’s stock market dropped again on Tuesday. It looks as if the parachutes are finally popping, as the AP reports the Shanghai Composite rallied from a 6.4% drop on Tuesday morning to a 4.3% loss by midday. This follows an 8.5% plunge on Monday, the worst performance in eight years.

REUTERS/SIN YOUNG-KEUN/YONHAP

U.S. Moves Nuclear-Capable B-2 Bombers to Keep North Korea in Check

The weekend’s crisis on the Korean peninsula ultimately ended with North Korea expressing “regret” over the severe injury of two South Korean soldiers by land mines in the DMZ, while South Korea agreed to turn off the propaganda loudspeakers that had infuriated the North and led to declarations that it was preparing for all-out war.

stock market

Britain’s Stock Market Stages Recovery, Europe Too

From Reuters: LONDON, Aug 25 (Reuters) – Britain’s top share index jumped on Tuesday, recovering some of the ground lost in the previous session when it hit multi-year lows on concerns about China’s economy. The blue-chip FTSE 100 was up 2.8

Mike Huckabee

Mike Huckabee: ‘Quit Importing Cheap Labor’

As White House spokesperson Josh Earnest is blaming China and Chinese policies for the on-going market crash and selloff, GOP presidential candidate former Arkansas Gov. Mike Huckabee says strong economic policies aren’t built by empowering Washington, D.C. and Wall Street elites.

Clem Murray/The Philadelphia Inquirer via AP

Too Much Debt: Chris Christie Blames Obama For Stock Crash

New Jersey Governor Chris Christie reacted to the news of the stock market crash on Wall Street earlier today on Fox News, blaming President Obama for racking up too much national debt. “What’s happened is, because this president has run up more debt than any president in American history, that debt has been given to us in large measure by the Chinese,” he said.