MIDDLE EAST - Tensions in the Middle East are at boiling point after a series of fiery diplomatic disputes. A huge power play between Saudi Arabia and Iran looks set to draw their neighbours into a bitter conflict. Iran, Saudi Arabia, Yemen, Lebanon, Bahrain and Qatar are all experiencing deteriorating relations in the region. Tensions have been simmering over recent months and are threatening to erupt over aggressive actions, including a missile fired at a Saudi airport over the weekend.
SOUTH KOREA - Softening his aggressive rhetoric, at least for the moment, President Donald Trump stood on South Korean soil Tuesday and urged North Korea to come to the negotiating table. It’s time, he said, for the North to “make a deal” to rein in its nuclear weapons program.
SAUDI ARABIA - Saudi Crown Prince Mohammed bin Salman is clearing potential adversaries ahead of pushing through his ambitious domestic economic reforms. Saudi Arabia's future king has dramatically restructured the Kingdom's longstanding hierarchy and tightened his grip with a purge that involved arresting royals, ministers and investors including billionaire Alwaleed bin Talal - who is the world's wealthiest Arab and the face of Saudi business abroad.
USA - Defense Secretary James Mattis and Secretary of State Rex Tillerson told the Senate Foreign Relations Committee on October 30 that the Trump administration has all the legal authority it needs to kill people anywhere in the world. But just in case Congress wishes to update its old Authorization for the Use of Military Force (AUMF), Mattis and Tillerson told them how to do it: Write a blank check to the president.
JAPAN - Donald Trump promised that Japan will be able to shoot North Korea’s missiles “out of the sky” if it purchases enough arms from Washington. The Japanese prime minister is considering buying fighter jets, missiles, and warships from the US.
MIDDLE EAST - The Arab states are expected to withdraw their biannual resolution asking UNESCO ’s executive board to disavow Israeli sovereignty over Jerusalem, according to Israel’s ambassador to that organization, Carmel Shama Hacohen.
USA - Crash fears escalate as markets hit highs not seen since Black Tuesday and dotcom disaster. Soaring stock market valuations on both sides of the Atlantic are stoking fears of a looming correction as valuations hit levels not seen since the dotcom bubble and the eve of the Wall Street crash.
FRANCE - Global Hot Air: Here’s a United Nations climate report that environmentalists probably don’t want anybody to read. It says that even if every country abides by the grand promises they made last year in Paris to reduce greenhouse gases, the planet would still be “doomed.” When President Obama hitched America to the Paris accords in 2016, he declared that it was “the moment that we finally decided to save our planet.” And when Trump pulled out of the deal this year, he was berated by legions of environmentalists for killing it. But it turns out that the Paris accord was little more than a sham that will do nothing to “save the planet.”
SAUDI ARABIA - This weekend's chaos in the middle east just got considerably more serious. Yesterday we detailed reports that the Saudis intercepted a ballistic missile over the nation's capital Riyadh... At the time, Al Jazeera reported that Yemen's Houthi rebels claimed responsibility for the attack, saying they launched the Yemeni-made, long-range ballistic missile Burqan 2-H (with a range of 500 kilometers) from the Saudi-Yemeni border before being intercepted. But tonight, according to a statement from the Saudi coailition carried by the state-run Saudi Press Agency, the missile that targeted Riyadh has been called "a direct military aggresion" by Iran against Saudi Arabia, that "could rise to be considered an act of war." Furthermore, the Saudi-led coalition has closed all Yemen's land, sea and air ports after missile targeted Riyadh.
USA - The only way to locate and destroy with complete certainty all components of North Korea’s nuclear weapons program is through a ground invasion. That blunt assessment from the Pentagon is in response to a letter from two Democratic congressmen asking about casualty assessments in a conflict with North Korea.
LEBANON - Lebanon’s prime minister resigned abruptly on Saturday, saying that he was stepping down in protest at Iran’s interference in his country and feared he would be assassinated like his father 12 years ago. Saad al-Hariri announced his resignation from Saudi Arabia and the move appeared to have been done in coordination with Riyadh, which sees Iran as an arch-rival to be countered across the Middle East. "The evil that Iran spreads in the region will backfire on it,” Mr Hariri said in a televised address. “Despite my efforts, Iran continues to abuse Lebanon.” He also said his life was in danger and he believed he was being targeted like his father, former prime minister Rafik al-Hariri, who was killed by a massive car bomb in 2005.
SAUDI ARABIA - Saudi Arabia said on Monday that Lebanon had declared war against it because of attacks against the Kingdom by the Lebanese Shi'ite group Hezbollah. Saudi Gulf affairs minister Thamer al-Sabhan told Al-Arabiya TV that Saad al-Hariri, who announced his resignation as Lebanon's prime minister on Saturday, had been told that acts of "aggression" by Hezbollah "were considered acts of a declaration of war against Saudi Arabia by Lebanon and by the Lebanese Party of the Devil."
SAUDI ARABIA - In a shocking development, late on Saturday the Saudi press reported that prominent billionaire, member of the royal Saudi family, and one of the biggest shareholders of Citi, News Corp. and Twitter - not to mention frequent CNBC guest - Al-Waleed bin Talal, along with ten senior princes, and some 38 ministers, has been arrested for corruption and money laundering charges on orders from the new anti-corruption committee headed by Crown Prince Mohammed bin Salman, while Royal princes’ private planes have been grounded.
USA - The Freedom From Religion Foundation recently threatened to sue East Coweta High School of Sharpsburg, Georgia, because the school’s football coaches have been praying with their football team. The district has warned coaches to stop joining the students in prayer, or face disciplinary actions. In the small town south of Atlanta, football coach John Small often joined his students in prayer, that is until last month when the Freedom From Religion Foundation began sending threatening letters to district officials warning that coaches joining students in prayer is “illegal,” Fox 5 reported. “It’s not allowed because it sends a message to students that the school is endorsing the religion,” Freedom From Religion Foundation representative Chris Line said.
GERMANY - The Western order could fall apart by 2040, according to an internal Bundeswehr report. The German military considers the disintegration of the European Union and the West over the next few decades a possibility, according to an internal report seen by Der Spiegel.
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