North Korea made the most provocative and dangerous threat yet through the state media when it said Kim Jong-Un may order a “super-mighty preemptive strike” against South Korea and the U.S. The U.S. says it is sending an armada to deal with the provocation. China and Russia, which both border North Korea, reportedly have deployed troops there. The threat is the worst ever for the Korean Peninsula as the North now has nuclear weapons that it did not have in the Korean War in the early 1950’s.
The CIA and the FBI are now looking for a “traitor” that worked on the inside that leaked intelligence to WikiLeaks. They say it is “one of the worst breaches in CIA history which exposed thousands of top-secret documents.” Meanwhile, it’s reported that the U.S. is preparing charges to seek the arrest of WikiLeaks founder Julian Assange. The U.S. authorities are no longer calling WikiLeaks a news organization but a “non-state intelligence service.” Assange maintains he has 1st Amendment rights and is a journalist.
The economy continues to signal the continuation of a vicious downturn. The Atlanta Fed recently revised the GDP down to just .5%. Another sign the economy is losing steam is this week’s announcement that Subway is closing down nearly 360 stores nationwide. It is the first time in the company’s history that it is closing stores and shrinking its business.
Join Greg Hunter as he looks at these stories and more in the Weekly News Wrap-Up.
(There is much more in the video newscast.)
After the Wrap-Up:
Bill Holter of JSMineset.com will be the guest on the “Early Sunday Release.”
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.