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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (218209)12/6/2025 9:52:30 PM
From: TobagoJack  Respond to of 219172
 
watching Japan and waiting for the Trump - perhaps too busy in Ukraine, ME, and Latam ?

ft.com

Japan frustrated at Trump administration’s silence over row with China

Tokyo asks US to be more vocal in its support after Beijing reacted furiously to prime minister’s comments about TaiwanJapanese Prime Minister Sanae Takaichi said a Chinese attack on Taiwan could justify Japan deploying its military © Issei Kato/ReutersJapan has urged the US to give Prime Minister Sanae Takaichi more public support after expressing frustration at the level of backing she received following comments about Taiwan that enraged China.

Tokyo thinks top US officials have not offered enough support for Japan, according to current and former US and Japanese officials, after China lashed out at Takaichi for saying a Chinese attack on Taiwan could pose an “existential threat” that would justify Japan deploying its military.

Shigeo Yamada, Japan’s ambassador in Washington, has asked the Trump administration to step up its public support for Tokyo, according to people familiar with the diplomatic discussions.

China has attacked Takaichi, threatened economic retaliation and warned its citizens to avoid Japan. Japanese defence minister Shinjiro Koizumi on Saturday said Chinese warplanes had locked their radars on to Japanese fighter jets south-east of Okinawa, in what he described as an “extremely regrettable” incident, according to Japanese media.

Washington has offered some support to Takaichi with George Glass, ambassador to Japan, last month telling reporters Trump and his team “have her back”. But there has been little other direct public support.

The crisis in Japan-China relations comes as Trump has told his team not to take actions that could jeopardise the trade deal he reached with Chinese President Xi Jinping in October.

One Japanese official said Tokyo did not believe the US was wavering in its commitment to Japan, but added that there was deep disappointment at the lack of public support from top officials in Washington.

Christopher Johnstone, a former top White House Japan official, said Washington should have welcomed Takaichi’s declaration that Japan would help US forces if they were attacked while defending Taiwan from China.

“This was the clearest statement ever made by a Japanese prime minister about Japan’s obligations to the US during a Taiwan contingency,” said Johnstone, now at The Asia Group consultancy.

“Setting aside whether it was wise to make that statement publicly, it was one that Washington should have embraced. Instead, with the exception of messages from the US embassy in Tokyo, it has been met largely with silence.”

Some people said the lack of US support was ironic given that Elbridge Colby, the under-secretary of defence for policy, had pushed Japan to make clear what role it would play if the US and China went to war over Taiwan.

After earlier requests for support, US officials told Tokyo a strong statement would come from Washington, but Japan was disappointed when that appeared to be a social media post on X from the state department’s deputy spokesperson, according to people familiar with the situation.

This week, Chris Landau, deputy secretary of state, spoke to Takehiro Funakoshi, head of the Japanese foreign ministry. The state department said he reaffirmed the US commitment to the alliance, but the call readout did not mention the aggressive Chinese response to Takaichi’s statement.

Trump has not offered any public support for Takaichi despite the warm relationship they established in Tokyo in October. Asked about the Japanese request for more support, the White House noted that Trump had described his relationship with Takaichi as “great”. The state department pointed to the X post from the spokesperson.

“The absence of public statements of support for Prime Minister Sanae Takaichi from both the White House and the Department of State is perplexing and must be unnerving for both Tokyo and Taipei,” said Dennis Wilder, former top Asia adviser in the George W Bush White House.

In an interview with Fox News last month, Trump was asked about a social media post from the Chinese consul-general in Osaka who suggested that Takaichi should be killed over her comments.

If a “filthy neck sticks itself in uninvited, we will cut it off without a moment’s hesitation”, he wrote in a since deleted post.

Trump replied: “A lot of our allies aren’t our friend.” He did not offer any support for Takaichi even though her mentor Shinzo Abe, the former prime minister who was close to Trump, was assassinated in 2022.

Randy Schriver, chair of the Institute for Indo-Pacific Security and the Pentagon’s top Asia official in Trump’s first term, said it would have been “appropriate” for the White House to issue a strong defence of Takaichi.

Speaking at Georgetown University this week, he added that there should also have been more pushback over the consul-general’s comment. “Threatening her life when her mentor was assassinated?.?.?.?is outrageous.”

The Wall Street Journal last month reported Trump had urged Takaichi not to provoke China over Taiwan in a call that came later on a day when he had also spoken to Xi. The Japanese government denied the report.

Several people in Washington and Tokyo familiar with the call said Trump told the Japanese leader it would be preferable for tensions not to escalate but did not tell her not to provoke China or avoid particular actions.

“Japan is America’s indispensable ally in the Indo-Pacific,” said Nicholas Burns, the US ambassador to China under Joe Biden. “Prime Minister Takaichi deserves our full public support in response to Beijing’s cynical attempt to intimidate her and to weaken the US-Japan alliance.”

The Japanese embassy in Washington declined to comment.



To: Box-By-The-Riviera™ who wrote (218209)12/6/2025 10:54:10 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 219172
 
re <<locked up>>
... btw, my latest understanding re JPM and Singapore and gold is that the gold is moving, not so much the desk, albeit some desks moved, button where near all, and am guessing preparing for confiscation and capital control and such same, but am asking Manus




To: Box-By-The-Riviera™ who wrote (218209)12/11/2025 1:58:11 AM
From: TobagoJack  Respond to of 219172
 
re <<must have a data center for everything listed on their market, each one with a dedicated data center.>> - human error, of course, and naturally can happen again, at any time, whenever convenient

zerohedge.com

CME Black-Friday Blackout Was Human Error

BY VBL

THURSDAY, DEC 11, 2025 - 0:24

TL;DR – CME Data Center Outage

  • Cooling system errors at CyrusOne began 12 hours before markets were disrupted, with procedural failures during cold-weather preparation causing overheating and total chiller shutdown.

  • Severity assessments fluctuated throughout the day, delaying full recognition of the scale of the problem and limiting timely market communication.

  • CME did not activate its New York disaster-recovery site, assuming the outage would be brief and seeking to avoid migration risks and data-integrity issues.

  • The halt interrupted global futures trading across metals, energy, rates, and FX, exposing CME’s operational dependence on a single leased data-center node


CME Cooling Failure and Derivatives Market Disruption

Authored by GoldFix
GoldFix analysis based on Bloomberg reporting by Katherine Doherty & Isis Almeida, Dec. 9, 2025
Cooling failures at CME’s primary data center began 12 hours before global trading halted, with procedural errors and shifting severity assessments delaying response. The exchange declined to activate its disaster backup site, resulting in widespread disruption across metals, energy, rates, and FX markets, highlighting concentrated dependence on a single external infrastructure provider.

I. Incident OverviewIn late November 2025, CME Group suffered a technology failure at its primary data center in suburban Chicago, interrupting global derivatives trading across asset classes. The outage originated at CyrusOne, the private-equity-owned data center operator providing infrastructure support to CME under a long-term lease arrangement.

Breaking: Massive CME Outage Jolts Markets

Nov 28


GFN – CHICAGO: CME Group halted trading across its futures and options markets late Thursday after a data-center cooling failure disrupted the CME Globex platform, interrupting live pricing in commodities, Treasuries, equity-index futures and foreign exchange during early Asian trading.

Read full story

Bloomberg reviewed a confidential 11-page root-cause report indicating that technical difficulties began approximately twelve hours before markets were affected, yet the full scale and persistence of the problem were not immediately recognized by market participants or exchange operators.

“The owner of the data center that serves CME Group Inc. started experiencing technical problems about 12 hours before an outage in its cooling system took down global markets.”

The disruptions ultimately halted trading activity from Tokyo through London and the United States, affecting contracts spanning precious metals, energy, interest rates, and currencies.

II. Pre-Outage TimelineCyrusOne notified CME of emerging cooling system issues at 4:19 a.m. Central Time on November 27, during the US Thanksgiving holiday. The firm later sent a follow-up text message to clients at 10:19 a.m. CT confirming awareness of the malfunction.

Despite those communications, broader market participants remained unaware of the situation until trading was unexpectedly halted during Asian hours later that day.

A detailed internal timeline shows repeated adjustments to the reported severity of the incident over the course of the day:

  • Initial detection and notification: 4:19 a.m. CT

  • Severity downgraded: roughly two hours after initial escalation

  • Severity upgraded to higher risk: 12:13 p.m. CT

  • Escalation to Level 1 severity: 4:10 p.m. CT, just ahead of the Asian trading session

During this sequence, the scope of the cooling failure remained unclear even internally, leading to inconsistent assessments of whether the problem would be brief or prolonged.

“During the outage, CyrusOne alternately lowered and raised the severity rating of the incident before the market opened for Asian trading.”

III. Mechanical CauseThe report traced the incident to process failures during a transition of cooling towers into cold-weather operationsone day before the outage.

At 3:40 a.m. on November 27, errors during procedural changes resulted in overheated systems. The report indicated that these steps did not follow standard operating protocols, leading to cascading mechanical failure rather than stabilization.

Contributing errors included improper draining proceduresundertaken by onsite staff and contractors.

“Onsite staff and contractors failed to follow standard procedures for draining the cooling towers.”

Attempts to remediate the initial overheating inadvertently worsened the problem. By 6:19 p.m. CT, all chillers servicing the facility were offline or in faulty condition, fully compromising temperature control inside the data center.

CyrusOne publicly attributed the incident to human error, a characterization acknowledged by CME in its own December 6 statement, which added that the operator’s “initial remediation attempts further exacerbated the problem.”



IV. Disaster Recovery Decision ProcessCME maintains a disaster recovery framework designed to transition operations to a backup data center located in the New York region during major outages. However, the exchange chose not to activate that contingency during the November incident.

Bloomberg cited the confidential analysis indicating that CME’s decision not to switch facilities was based on an early assumption that the outage would be brief and quickly resolved.

Emergency data center transfers are uncommon across financial infrastructure operators, due both to:

  • Risks of data inconsistencies or synchronization errorsduring transition.

  • The possibility of software bugs or mismatches which may not be apparent during ordinary testing.

  • Latency advantages enjoyed by firms with equipment colocated near the primary facility.

Market-making firms prefer physical proximity to exchange servers to minimize delays in order information transmission, providing small but measurable trading advantages.

V. Market ImpactCME’s Chicago facility processes derivatives trades measured in trillions of dollars daily, covering:

  • Precious metals (including gold)

  • Energy contracts

  • Interest rate derivatives

  • Currency futures

  • Equity-linked derivatives

The outage suspended trading during overlapping Asian and European hours, preventing price discovery and liquidity provision across multiple markets.

JPM Reportedly Made 13.4 Million Ounces Unavailable During CME Shutdown

Dec 2



On Friday, November 28, 2025, the CME Group’s daily Metal Depository Statistics report (covering activity dated November 26, 2025, and published on November 28) showed no physical withdrawals of silver from COMEX warehouses.


Instead, the significant decline in registered silver inventory—approximately 12 million ounces—was entirely attributed to internal reclassification adjustments rather than actual physical removals.
Read full story

The operational disruption extended beyond CME itself. CyrusOne was forced to suspend a $1.3 billion mortgage-bond sale being arranged by Goldman Sachs due to the facility’s technological instability.

When service resumed, trading was restored gradually. CME’s Globex Futures & Options platform, representing approximately 90 percent of CME’s transaction volume, reopened at 7:30 a.m. Chicago time on November 28.