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Russian military finds new ‘definitive’ proof to back Moscow’s Arctic shelf claim – Deputy PM

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Additional research and acoustic profiling carried out by the Russian military has provided new data that puts Moscow’s claim on the resource-rich continental shelf in the Arctic Ocean beyond doubt, Deputy PM Yury Borisov said. The Defense Ministry has gathered “a large amount of data”, which will be made public during a UN commission meeting Read More

Exclusive: Wall Street banks see green light from Fed on reserves – sources

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NEW YORK/WASHINGTON (Reuters) – Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month’s volatility in overnight lending markets, three industry sources told Reuters. A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, Read More

China cuts US debt holdings to lowest level in more than two years amid simmering trade war

2 days ago NAMEX Comments Off on China cuts US debt holdings to lowest level in more than two years amid simmering trade war
Beijing cut the holdings of US Treasuries by $6.8 billion in August, reaching the lowest level since May 2017, the latest data from the US Treasury Department, released on Wednesday, shows. Washington’s trade war rival reduced its holdings of US government debt to $1.104 trillion in August from $1.110 trillion a month earlier. Since the Read More

Off-duty Missouri police officer killed in Illinois crash

3 days ago NAMEX Comments Off on Off-duty Missouri police officer killed in Illinois crash
An off-duty Missouri police officer was killed when he was involved in a three-vehicle crash in Illinois last Thursday, police said. The off-duty St. Louis County police officer has been identified as James “Mitch” Ellis Jr., 49, who had been with the department for eight years. Ellis, of Hecker, Illinois, which is about 40 minutes from St. Louis, Read More

Fox battles rodent in ‘perfect’ wildlife photo, clinching top award

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A remarkable photo of a fox battling a marmot in the remote Qilian mountains of China has won the top award in the prestigious Wildlife Photographer of the Year competition. The image, captured by Yongqing Bao, shows the Tibetan fox attacking the terrified Himalayan marmot. Dubbed “The Moment,” the photo clinched the grand title in the Read More

DreamWorks film ‘Abominable’ banned in Vietnam over South China Sea map

4 days ago NAMEX Comments Off on DreamWorks film ‘Abominable’ banned in Vietnam over South China Sea map
Vietnam has banned the DreamWorks film “Abominable” from playing in its theaters because the film features a scene with a map containing the controversial South China Sea nine-dash line, according to state media. The nine-dash line, used by China to mark its claim to the disputed South China Sea, has been a subject of condemnation by Read More

Could China be holding 20,000 tons of gold? RT’s Keiser Report finds out

4 days ago NAMEX Comments Off on Could China be holding 20,000 tons of gold? RT’s Keiser Report finds out
China has become one of the world’s biggest buyers of gold, adding more than 100 tons of bullion to its coffers this year amid the trade war with the United States. According to Alasdair Macleod ofGoldmoney.com, China already pretty much controls the world’s physical gold market. He suggests that much of those holdings are not Read More

UPDATE 3-Rescuers slog through mud as Japan typhoon death toll rises to 66

4 days ago NAMEX Comments Off on UPDATE 3-Rescuers slog through mud as Japan typhoon death toll rises to 66
KORIYAMA, Japan (Reuters) – The death toll in the worst typhoon to hit Japan for decades climbed to 66 on Tuesday as rescuers slogged through mud and debris in an increasingly grim search for the missing, and as thousands of homes remained without power or water. A rescue worker wades in water in the aftermath Read More

UPDATE 2-Japan typhoon death toll rises to 66 as hopes for missing fade

4 days ago NAMEX Comments Off on UPDATE 2-Japan typhoon death toll rises to 66 as hopes for missing fade
KORIYAMA, Japan (Reuters) – The death toll in the worst typhoon to hit Japan for decades climbed to 66 on Tuesday as rescuers slogged through mud and debris in an increasingly grim search for the missing, and as thousands of homes remained without power or water. A rescue worker wades in water in the aftermath Read More

Exclusive: No choice but to invest in oil, Shell CEO says

5 days ago NAMEX Comments Off on Exclusive: No choice but to invest in oil, Shell CEO says
LONDON (Reuters) – Royal Dutch Shell (RDSa.L) still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said. FILE PHOTO: Ben van Beurden, chief executive of Royal Dutch Shell, attends a session of the St. Read More