MLK Day In The US..... This Quote Reverberates Today.....
7 Martin Luther King quotes that resonate today http://wef.ch/2jgJMBU #wef17
In honor of his amazing life and legacy, here's one of my favorite quotes from Dr. Martin Luther King, Jr.
For Martin Luther King, Jr's birthday a reminder of where we should be but are not due to the left's use of race:
Today is the U.S. holiday to remember an American civil rights hero, Dr. Martin Luther King, Jr., born January 15, 1929. A favorite quote:
Asia Overnight For Monday ) .....
China's set to take the global stage at Davos as one of the "Go To Guys/ Gals " .....
China will "take off the gloves" and take strong action if U.S. President-elect Donald Trump continues to provoke Beijing over Taiwan.
Worst case would be "disastrous consequences" says Singapore's central bank on a possible Trump-sparked trade war
Shanghai Composite recovered most losses toward the end though still closed down at 3,103 - below trendline support
Not as bad as at the close. Shenzhen Composite -3.6%
Now what is happening there....?
Shenzhen Composite - 5.4%
Up: 29
Unchanged: 138
Down: 1751
Trump phobia? A-Share in free fall. ChiNext -6%, >400 A-Shares limit down.
When a "breakthrough" doesn't mean something good. Chinese stocks fall for 5th day. Shanghai falls below trendline support
Arrest warrant for Samsung's JY Lee for bribery, perjury and embezzlement, after 22 hours of questioning over influence scandal: Dong-A Ilbo
#breaking South Korea's special prosecutor to seek arrest warrant for Samsung vice-chairman/heir apparent Jay Y. Lee: Dong-A Ilbo newspaper
#breaking South Korea's special prosecutor has indicted the national pension fund chief as influence scandal widens:
Sterling down massively against everything else (almost best to close your eyes when London opens). https://www.bloomberg.com/news/articles/2017-01-15/pound-drops-to-3-month-low-as-may-reported-to-seek-hard-brexit … #brexit
Not the best start to the week for Asian markets.
Equities
Currencies
Bright spot China commodities - party, party again
Iron Ore in China.
Hard to say why it's jumping by this much again so I'll leave this here. Btw, this is contract on the Dalian Exchange
Another Chinese academic says Beijing should let yuan float via one-off deval, firms can bear a "sharp" depreciation http://forex.hexun.com/2017-01-16/187750606.html …
Europe.....
FTSE off 0.2% , DAX off 0.6% , CAC off 0.8% , IBEX off 1.0% and FTSE MiB off 1.1%.
US Briefing 16-Jan-17: No Timing For UK PM May's Brexit Speech Tomorrow, US Markets Closed For Holiday
IMF Raises UK Growth Forecast For 2017, Reversing Previous Cut...
IMF: Econ. activity in both advanced economies and EMDEs seen accelerating in 2017–18, global growth seen at 3.4% & 3.6%, respectively
“Mr. Trump has clearly said that any deals, with anyone frankly, in future will be done on a bilateral basis,” - as per Theodore Malloch.
Trump’s praise for Brexit and cheerleading for further divisions between European states are unacceptable-as per EU Commissioner Moscovici.
#BREAKING Britain can't negotiate US trade deal until after EU exit: Mogherini
Geert Wilders continues to thrust the Dutch elections into chaos http://hotair.com/archives/2017/01/16/geert-wilders-continues-to-thrust-the-dutch-elections-into-chaos/ …
Is the Netherlands going to follow the UK and the US down the populist path in March's election? http://on.ft.com/2jBhphF
Interior Minister: The Greek Program Can Proceed Without the IMF http://dlvr.it/N77Y5k #Greece
Greece’s Bailout Program Obsolete Without IMF, German FinMin Says http://dlvr.it/N77Y4F #Greece
March election after NI government collapses
UK PM Spokesperson: 1st Meeting With Trump Expected To Take Place In US, Says Arrangements Are Being Worked On - RTRS
UK PM Spokesperson: Doesn’t Recognise Media Reports Saying Govt Is Expecting Mkt Correction After Brexit Speech- RTRS
UK PM Spox: PM Shares Chancellor Hammond's View That If UK Is Forced To Consider Alternative Econ. Models, It Stands Ready To Do So - RTRS
UK's benchmark index FTSE 100 just hit fresh high as Pound keeps falling.
Trump wants to place UK in the front of the queue ....
US Politics ....
GOP foreign policy adviser Monica Crowley said Monday she will relinquish the senior job she’d been poised to take in the Trump White House.
Noor Salman-the wife of Orlando nightclub gunman Omar Mateen was reportedly arrested Monday in connection with the deadly terrorist attack.
Trump eyes role of negotiator-in-chief http://hill.cm/0ndDGBs
Obama: Don't underestimate Trump http://hill.cm/jUz69wk
Trump: We must honor and celebrate MLK http://hill.cm/PeHUKJC
Trump to meet with MLK's son to discuss civil rights leader's legacy http://hill.cm/HerjOM4
Trump: NATO is "obsolete" http://hill.cm/ySapJ2W
19 companies that Trump has tweeted about http://hill.cm/5VdEugM
President-elect Donald Trump will opt to use his personal Twitter account instead of the official presidential account once he takes office.
CIA director slams Trump: It's "outrageous" to compare intelligence community to Nazis http://hill.cm/7r0qPDY
Trump: My plan is — insurance for everyone - Isn’t this how we got ObamaCare in the first place? Donald Trump t...
Trump on HC : goal is insurance for everybody ; force drug companies to negotiate directly with government ; lower numbers & deductibles.
Are Trump’s nominees betraying his platform?
Chao plans to “try, but could not promise” to present an infrastructure proposal in Trump’s first thirty days: http://ow.ly/UQvn307WZcT
Tillerson needed to prove his qualifications, and he may have fallen short: http://ow.ly/RfH0307WRG0
During the press conference, Trump called Buzzfeed a “failing pile of garbage” and deemed CNN “fake news” http://ow.ly/gKmX307WLhO
Odds & Ends.....
Libya....
8 straight day w/o electricity , water cuts based upon the electricity outages & all bakeries closed due to electrical issues.
Mogherini: Libyan crisis will be discussed at February's EU foreign ministers meeting in Brussels
http://alwasat.ly/ar/news/libya/130196/ …
MP's from South suspend parliament membership due to lack of solutions for dire living conditions in the South.
This floating power station might help avoid problem of militias cutting power for political motivations...
CBL to release $750 M LCs for January imports pending 2017 budget approval - https://www.libyaherald.com/2017/01/16/cbl-to-release-750-m-lcs-for-january-imports-pending-2017-budget-approval/ …
AbdulHamid Alnami stated that a Russian delegation - military & diplos - met BAM leaders in Misrata while Haftar was aboard the Kuznetsov.
#Libya Tripoli kids sent home from school due to lack of heat, water, money.
Ghat wrestles darkness as total blackout continues for eighth day
https://goo.gl/gGfXeh
Dialogue member Ahmed al-Abar: The #Ghadames meeting was badly organized & not successful. Another mtg is planned end of this week in Tunis
Syria ......
ALL Syrian rebels announced today their participation2 Astana #kazakhstan meeting as quoted in my article last week.
INTERVIEW: "We live just to sustain ourselves:" On war and water shortages these days in #Damascus. Read it here: http://bit.ly/2jrt6tB
REPORT: Assassination of lead negotiator derails Damascus water talks, battles resume.
http://bit.ly/2jMHdGz
DeirEzzor Governor says institutions in city are operating as normal and there are non stop airstrikes on IS positions
Hundreds of #ISIS gathering around #Deir_Ezzor to storm a city inhabited by tens of thousands of civilians and #SAA positions defending it.
#ISIS is attacking Deir-ezzour since 3days, attacking from several fronts. #ISIS control 5districts in city. No Air Force 2day (bad weather)
Important thread on current situation in Deir Ezzor
#SYRIA
#IslamicState Successfully Splits #SAA-Held #DeirEzzor In 2, Cut Off All Supply Routes From City To Airbase. #terrorism #isis
1st Phase: Weaken SAA Defence lines in #DeirEzzor.
2nd Phanse: Split the Airbase and the City into 2 Parts.
3rd Phase: Storm the Airbase
Scores killed in heavy fighting in Syria as ISIS advances in Deir Ezzor http://ow.ly/nwoa308308Z
SDF: #Astana peace talks don’t represent the will of the people https://goo.gl/8i3CDe
Iraq.......
Latest #Mosul map showing #Iraq security forces control (in green): few more districts to go. Map via @NinevehMC #Iraq.
“@AlArabiya_Eng: #Iraq special forces advance in eastern Mosul amid fierce clashes http://ara.tv/ywhe4 ”
Great news #Iraq: very soon security forces will enter #Mosul Grand Mosque where #ISIS Baghdadi group Leader announced his "Caliphate".
"Iraqi Security Forces Recapture More Areas From ISIS In Mosul (Map, Photos)" https://southfront.org/iraqi-security-forces-recapture-more-areas-from-isis-in-mosul/ … #mustread #feedly
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