First based on Edo’s post:
They will likely review several scenarios including one under which Japanese and U.S. armed forces conduct joint operations in case China invades the islands, Kyodo said.
Any fighting with Japan would escalate far more quickly than people think, too many first world nations depend on trade to stomach a war that might interrupt trade (and somewhat want China knocked down a notch, or more). Socially, most western nations will side with Japan automatically over China.
Also realize the position of Hawaii for the other talks, that’s a strategic ace for Japan; effectively protected by both Japan’s position and the US navy, it represents a nearly unbreakable road to supplies.
China can’t strike Japan’s home ports for fear of hitting the US fleet in the process, and they can’t count on the US staying out even so; talk about bad math.
And 2: Cyprus politicians decided their deal wasn’t so good…but…
State TV have reported that the plan could include a levy on bank deposits over €100,000, after MPs dramatically rejected the original plan to tax smaller deposits on Tuesday night.
Mmmm… And nationalizing pensions, sheer… “genius”… not in a good way mind you.
And really, when you’re getting lectured by a Russian on protecting bank depositors, you need help.
“I cannot compare it to anything but some decisions made at a certain period of time by the Soviet authorities that did not care much about people’s savings.”
By the way, chickens and eggs aren’t always hard to figure out the order of:
A deal on banks appeared less likely, he said, particularly considering Russian clients were now seeking to move funds out of Cyprus and its banks were looking less than healthy.
I can’t imagine why they’d be moving that money! And the potentially negative consequences of bank runs! UNTHINKABLE! (You better be getting sarcasm out of that.)
Reality calling Euro: You need to unwind and restructure, you’re only making it worse!