Brief Analysis

Canada to legalize recreational marijuana

The Canadian Senate has passed a bill to permit the possession and use of marijuana for recreational purposes in a landmark decision.
The bill now must obtain royal approval before becoming law.
The bill would permit the possession of 30 grams of dried cannabis, however age restrictions are expected to follow those relative to alcohol.
Per residence, Canadians will be allowed to own four cannabis plants per residence, although Quebec and Manitoba will have a ban on home cultivation.
Rules on smoking marijuana in public vary between provinces and territories.

Trump’s trade war with China escalates, threatens another $200 billion in tariffs

Asian markets are taking a hit as Trump announces that he intends to expand the list of tariffs on Chinese exported goods. Trump continues to slam China over the trade deficit between China and the US and his displeasure with Chinese countermeasures to tariffs that he has imposed on them. Apparently, in Trump’s world, he can tariff other countries, but they can’t respond in kind.
Associated French Press reports:

US issues list of 47 demands to North Korea

It would seem that the manner in which the denuclearization of North Korea must be performed before  sanctions may be lifted has been determined by Washington.
The Japanese Foreign Minister, Taro Kono, describes a list of demands which was delivered to Pyongyang by US Secretary of State Mike Pompeo during his visit.
As to whether these demands have been agreed upon by Kim’s regime isn’t included in the statement.

Trump fosters market uncertainty and then complains about it

Oil prices are on the rise, and Trump is not happy about it. This past Wednesday, Trump took to Twitter to express his displeasure with the rise in the price of oil, a price increase that is partly due to the sanctions that he himself imposed on the oil producing nation of Iran.

Oil prices are too high, OPEC is at it again. Not good!
— Donald J. Trump (@realDonaldTrump) June 13, 2018

Pentagon admits that Russian military choppers outperform their American counterparts

Yet another piece of Russian military hardware is proving itself to be of a higher quality than those designed and built by American arms manufacturers.
Increasingly, the Russians are developing military components that far surpass the functionality of American made ones.
The most recent case is that of the Russian Mi-17 helicopter, which is being admitted by Pentagon officials as possessive of greater functional capabilities than the American Black Hawk helicopter.