U.S. military exercises in the Korean Peninsula will cease, North Korea will gradually dismantle its nuclear arsenal, and relations between the two countries will be more open. If the agreement is upheld, then give President Donald Trump the Nobel Peace Prize. Here is the full text of the agreement signed by President Trump and Chairman […]
Archives for June 2018
Ron Paul: Trump-Kim Meeting Shows Value of Policy Over Politics
By: Ron Paul When President Reagan met with Mikhail Gorbachev in Reykjavik, Iceland, on October 11, 1987, it helped put into motion events that would dramatically change the global system. A line of communication was fully opened with an enemy of decades and substantive issues were on the table. Though the summit was initially reported […]
HISTORIC: Kim Jong-un takes a smiling selfie in Singapore
Isn’t diplomacy grand? On Monday, Singapore Minister for Foreign Affairs Vivian Balakrishnan posted an incredible photo North Korean Supreme Leader Kim Jong-un. Ahead of his historic meeting with President Donald Trump, Kim stopped to take a selfie, which could be the first public photo of such a pose and part of a charm offensive. Smiling […]
YUCK: $42 billion in cryptocurrency market value wiped out after hack
The downward spiral of bitcoin and the overall cryptocurrencies market continues. Over the weekend, following a hack on a South Korean virtual currencies exchange called Coinrail, about $42 billion of cryptocurrency market value was wiped out. That’s a lot of dough. From Bloomberg: Coinrail said in a statement on its website that some of the […]
June Fed rate hike estimated to cost credit card holders $1.6 billion in extra interest
The Federal Reserve is expected to raise interest rates again at its upcoming Federal Open Market Committee (FOMC) policy meeting. The market does anticipate the U.S. central bank to the pull trigger on a rate hike at least once more later this year. This could spell bad news for the deeply indebted and homebuyers, warns […]