North Korea threatens a ’sea of fire’ as the South begins posturing war games with US
South Korean residents scrambled for cover today as North Korea threatened to launch a ’sea of fire’ over military drills in the Yellow Sea with the US military.
• North Korea opens fire as war games begin
• N. Korea deploys SA-2 surface-to-air missiles near Yellow Sea border
• S. Korean artillery “mistakenly” fired on DMZ
• S. Korea, US start major naval drills
• S. Korea effectively rejects China’s offer to resume six-party talks
It is now common knowledge that there is a potential domino effect of European sovereign debt contagion in roughly the following order:
More than 100,000 Irish citizens took to the streets of Dublin today to protest against the international bailout and four years of austerity.
• It’s Not Just the “Peripheral” European Countries … Financial Contagion Could Spread to “Core” Eurozone Countries and the U.S.
• ‘Bank Run 2010' aims to end ‘criminal, corrupt’ financial system
• Iceland Better Off Than Ireland Because They Let Big Private Banks Fail, says President