Japan-China: Update. Seven Chinese Coast Guard ships entered Japanese-claimed waters near the Senkaku island chain one day before the one-year anniversary of Japan's purchase of them.
Comment: The Chinese taunted the Japanese with this display: Japan owns the islands, but China rules the waves.
North Korea: According to 38 North at the Johns Hopkins School of Advanced International Studies, satellite imagery of the Yongbyon nuclear complex on 31 August shows white steam rising from a building that houses steam turbines and electric generators. The electric power generation building is located near the reactor hall.
The reactor generates electricity by using the heat from the nuclear reaction in the core to create steam that spins the turbines. The white color and the volume of the plume are indicators that steam is being vented because the electrical power generating system is about to become operational. That, in turn, indicates that the reactor is in or nearing operation.
Comment: With the Yongbyon reactor operational, North Korea should be able to produce plutonium and highly enriched uranium (HEU) for use in nuclear weapons. The latest imagery report indicates that the North's line of parallel economic and nuclear development is genuine, at least for the nuclear industry.
Russia-Iran: Russian President Putin will offer to supply S-300 air defense missile systems to Iran and to build a second reactor at the Bushehr nuclear plant, according to Kommersant newspaper. Putin will meet with Iranian President Hassan Rouhani on 13 September at the Shanghai Cooperation Organization summit in Kyrgyzstan.
Comment: The Russians canceled a prior sale of this system to Iran for geo-political and financial reasons. Today's news report is no guarantee that a new contract will be signed or that the system will ever show up in Iran. Even if a new deal is reached, an operational S-300 air defense system in Iran probably is years away.
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock
Radical Capitalism: A remote Indonesian village runs its own telecommunications company. (From a laptop and a tree) | Nick Sorrentino
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino