Dmitry Orlov Last Saturday, a massive Victory Parade was held in Moscow commemorating the 70-year anniversary of the surrender of Nazi Germany to the Red Army and the erection of the Soviet flag atop the Reichstag in Berlin. There were a few unusual aspects to this parade, which I would like to point out, because …
14th May 2015 archive
May 14
Today’s News May 14, 2015
Chinese Iron Ore Prices Plunge After CISA Warns Of Persistent Overcapacity Having rebounded along with practically every other risk-asset class in the world over the last month or so, Chinese Iron Ore futures are collapsing tonight. Despite the promise of Chinese LTROs expanding credit (just like they didn’t in Europe), iron ore prices are down …
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