In Russia, the Kremlin announced that troops at the Ukraine border will be pulling back. I thought that was already done? Maybe this time they mean it. This could be a way to help ease tensions before the election on the 25th. That way Russia will not get blamed for any problems. Besides a massive flood in the Balkans, there are no other major developments in Europe or the Middle East today.
China has moved troops to the border of Vietnam and is in the processes of evacuating its citizens. It's never a good thing to have Chinese troops moving to your border. Tensions are still high between China and Japan as well as China and the Philippines. I bet Japan and the Philippines are keeping an eye on what happens in Vietnam in order to see how China might act with them. In Thailand the military has announced martial law. That's also not a good thing to have happen. So things have cooled off a bit in Europe and the Middle East, but have grow hotter in Asia.
In the U.S. stocks closed higher today. Gold and oil were basically flat. The drought continues in California and other parts of the Southwest. There were no other major developments in the U.S. today other than the regular occurrence of murder, mayhem, corruption, tragedies, and trivialities.
It was another day in the calm before the storm.
What do you think?