On September 7, the citizens of Basra, Iraq, poured into the streets chanting “Iran, out!” while targeting the Iranian consulate with several rockets. These protests have, in fact, been stirring for several months, with this most recent eruption of violence in Basra serving as a microcosm of the issues Iraq, if not the rest of the Middle East, faces as the result of Iranian militarism.
Ukrainian president Petro Poroshenko announced… a new plan to seek European leadership in war-stricken areas of the nation still in government hands… “establishing a kind of patronage by certain countries over certain cities and towns of Donbass, let Germany take responsibility for Kramatorsk, let Greece for Mariupol, let Great Britain for Volnovaha, let other countries take Severodonetsk, Lisichansk, Avdeevka”
A former counsel to the Senate Foreign Relations Committee, William C. Triplet, even went so far as to say that “the Ukrainians are getting away with taking the U.S. taxpayers’ money in the one hand while stabbing the U.S. Navy in the back with the other.”…the threat to American security stemming from Ukraine must be responded to; the U.S. ought to pressure an ally who may be betraying its interests.
The trade war between the world’s two largest economies is entering its second round, and China is taking a beating. Bloomberg writes that China has recently ceded its position as the world’s second largest economy in terms of market capitalization to Japan, whose equities it eclipsed previously in 2014. Chinese equities dropped in value to $6.09 trillion USD slipping well below the Japanese equity market, which is currently valued at $6.17 trillion USD.