Destabilizing Actions News Today

UN Secretary-General Antonio Guterres "strongly condemns" the recent launch of what North Korea said was a solid-fuel intercontinental ballistic missile, an official told the Security Council Monday. The North has hailed the launch as a key breakthrough in its nuclear counterattack capabilities under leader Kim Jong Un. Testing the more technologically advanced solid-fuel missile was one of Kim's major goals in his military modernization campaign, announced in his New Year report.

One week after the dollar bonds of China Huarong Asset Management tumbled in what some called a "fatal event" amid swirling rumors that Beijing would let its iconic bad-debt asset manager default (over, well, bad-debt) which sparked contagion across the entire Chinese USD-bond sector and was followed by urgent reassurance from official and unofficial sources that Huarong would get some financial backing, on Tuesday Huarong dollar bonds sank again after Reorg Research poked the festering wound a...