Troops Detained in Ukraine Give Rare Glimpse Into North Korea’s Military
One young soldier from North Korea said he didn’t know where he was fighting when he was sent from his isolated homeland to the frontline of the war between Russia…
Russia and Ukraine Battle Inside Kursk, With Waves of Tanks, Drones and North Koreans
Five months after Ukrainian forces swept across the border in the first ground invasion of Russia since World War II, the two armies are engaged in some of the most…
With South Korea in Crisis, Eight Justices Will Decide President’s Fate
For six weeks, South Korea has lurched through its worst political crisis in decades, throwing the resilience of the country’s democracy into question. On Tuesday, it takes the biggest step…
Photograph Revives Ukraine-Russia Culture War
It looks like a serene snapshot from Ukraine’s battlefield: A group of armor-clad soldiers huddled around a makeshift table scattered with food and playing cards. Some laugh or smoke, and…
Brazil’s Mafia-Run Animal Lottery Was Invincible. Online Games Changed That.
Taiza Carine da Costa got her first taste of gambling when she was just 9. Growing up in the rundown fringes of Rio de Janeiro, Ms. Costa’s godparents would send…
Bills and Lions Give NFL Fans in Canada Reason to Cheer
About a decade ago, Mike Smith tried to capture the sour mood of the patrons in his neighborhood bar, Joe Kool’s. For years, their favorite sports teams endured winless seasons,…
UK Economy Falters as Pound Sterling Continues to Slide | naked capitalism
Yves here. With too much Trump-generated furor, we’ve managed to skip over a potentially important development, that of a possible slow-motion currency crisis/bond market temper tantrum in the UK. To…
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed…
Supreme Court Rebuke of Trump on Sentencing Shows Its Divisions
The Supreme Court’s rejection on Thursday of President-elect Donald J. Trump’s request to be spared from being sentenced for 34 felonies was just a few lines long, and it made…
China’s Government Bond Market Sounding Loud Deflationary Alarm. Is the Japanification China Has Warded Off Finally Arriving? | naked capitalism
Western economists and financiers have so regularly predicted a crash or zombification outcome to China’s spectacular run of growth that it’s too easy to dismiss stories about deflation risk as…