UNITED STATES – MILITARY RELATIONS – KOREA (NORTH)

‘Alliance locks us in if US goes to war’

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Original article by Simon Benson
The Australian – Page: 4 : 15-Aug-17

Andrew Shearer says Australia should endeavour to become less economically reliant on China, so as not to allow China to potentially weaken the alliance with the US through economic pressure. Shearer, who was a national security adviser to the Howard and Abbott governments, also says the terms of the ANZUS alliance require it to support the US in the event of any regional conflict. His comments come as the North Korean missile crisis shows no signs of coming to an end.

CORPORATES
ANZUS TREATY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, INSTITUTE OF PUBLIC AFFAIRS LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Wall St record highs stumble on flare-up of North Korea tension

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Original article by Karen Maley
The Australian Financial Review – Page: 28 : 10-Aug-17

US share price indices have retreated and the Chicago Board Options Exchange’s volatility index has risen by more than 10 per cent in response to the latest war of words between President Donald Trump and North Korea’s Kim Jong-Un. However, some analysts had previously warned that the low level of the VIX suggested that financial market risk may be set to increase, and DoubleLine Capital’s Jeff Gundlach recently said that market indicators point to a rise in bond yields.

CORPORATES
DOW JONES INDUSTRIAL AVERAGE INDEX, STANDARD AND POOR’S 500 INDEX, CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX, DOUBLELINE CAPITAL LP, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED NATIONS. SECURITY COUNCIL