First reports reaching DEBKAfile’s military sources say that a US submarine intercepted a Russian nuclear sub in American waters opposite Alaska. The Russian sub escorting the nuclear submarine responded with a Balkan 2000 torpedo and scuttled the US vessel. Urgent consultations in both the White House and the Kremlin were taking place on Tuesday night. US Vice President Mike Pence called off an appearance in New Hampshire after being recalled to Washington for a conference called by President Donald Trump without explanation. Continue reading
According to a new report scientists have discovered a new supervolcano that is brewing under several New England states. Continue reading
In July 1944, just weeks after the successful Allied invasion of Normandy, hundreds of delegates from around the world gathered in Bretton Woods, New Hampshire to determine the future of the global financial system.
The vision was simple: America would be the center of the universe, and every other nation would revolve around the US.
This arrangement ultimately led to the US dollar being the world’s dominant reserve currency which still remains today. Continue reading
The outspoken billionaire – who last night romped home to a decisive victory in New Hampshire’s Republican primary – said German Chancellor Angela Merkel was wrong to let in more than one million migrants last year.
Turning his fire on Merkel, he said: “I think Angela Merkel made a tragic mistake with the migrants.
“If you don’t treat the situation competently and firmly, yes, it’s the end of Europe.”
To casual observers, the annual pumpkin festival in the small college town of Keene, New Hampshire, would seem like a harmless bit of seasonal fun. But to the local police, the event is apparently so threatening, it has to be monitored by military-style sniper units.
Photos and videos taken by partygoers at last weekend’s event—some of which were shot with the help of a private drone—show what appear to be teams of plainclothes officers stationed on rooftops, scanning the crowds below with binoculars and military-grade sniper rifles. The Keene Police Department refused to confirm whether it had dispatched the snipers or explain why the tactical units were necessary. Continue reading
New York City’s Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into U.S. real estate as they seek stable investments outside their country.
Beijing’s Anbang Insurance Group Co. agreed to pay $1.95 billion for the 1,232-room tower on Park Avenue, an Art Deco landmark and one of Manhattan’s signature properties. That would be the highest price for a single existing hotel in the country, and the most paid for a standing U.S. building by a Chinese buyer, said Kevin Mallory, global head of the hotels unit of commercial real estate brokerage CBRE Group Inc. (CBG)
“We’re seeing a diversification strategy being employed by insurance companies and others, and it’s also true when it comes to private Chinese investors,” he said in a telephone interview. “We’ve seen a lot of wealth generated there over the last decade, and we see see private investors diversifying their portfolio around the globe.” Continue reading
The leaders of the so-called BRICS nations — Brazil, Russia, India, China and South Africa — are set to approve the establishment of a new development bank during an annual summit that starts today in the eastern South African city of Durban, officials from all five nations say. They will also discuss pooling foreign-currency reserves to ward off balance of payments or currency crises. Continue reading