DHS Drill Features Nuke Attack on Border

Many law enforcement and first responders will participate in a practice drill to test the readiness and communication in the event of a widespread disaster. The drill will simulate an emergency involving the detonation of a weapon of mass destruction near the U.S./Mexico border that causes a mass migration of about 3,000 people. The six-hour drillwill take place at Santa Teresa High School beginning 8 a.m. Tuesday. The drill will be conducted by Dona Ana County and the Las Cruc...
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Over 100 Aircraft in Russian Defense Drill

More than 100 aircraft and helicopters are involved in the large-scale aviation exercises in Russia’s Far East and the Transbaikal territory, the head of the Eastern Military District’s press service, Colonel Alexander Gordeyev, said on Wednesday. "As part of massive command-staff exercises on guiding the task forces of aviation and air defense district air force units, deployed in the Primorye, Khabarovsk, Transbaikal and Kamchatka territories, the practical tasks were worked out of achievin...
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Chinese Enter US Stock Market at Record Rate

Last week we highlighted a Bloomberg chart which showed that more than a quarter of new investors in the “self-feeding, leverage-fueled domestic frenzy” that is China’s equity market have an elementary school level education or less. Bloomberg categorized nearly 6% of new Chinese stock investors as “illiterate.” If true, we imagine this doesn’t bode particularly well for a bubble that’s been inflated on the back of massive leverage (buying on margin accounts for a fifth of daily turnover and mar...
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Norway’s Air Defenses on Full Alert

From his command post burrowed deep into a mountain of quartz and slate north of the Arctic Circle, the 54-year-old commander of Norway's military headquarters watches time flowing backward, pushed into reverse by surging Russian military activity redolent of East-West sparring during the Cold War. "I am what you could call a seasoned Cold Warrior," the commander, Lt. Gen. Morten Haga Lunde, said, speaking in an underground complex built to withstand a nuclear blast. As a result, he added, he...
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