Saudi Arabia

"What Did They Expect?" Turkey Pivots From NATO, Signs Russia Missile Deal

"What do you expect? Should we wait for you? We take care of ourselves in every security point. We are taking precautions and we will continue to do so," Turkey's president Erdogan said addressing Western opposition to Turkey's just concluded deal to buy Russian advanced surface to air missiles.

Frontrunning: September 13

  • Apple takes shine off global stocks rally (Reuters)
  • Apple’s New iPhones Gamble on Allure of Premium Pricing (WSJ)
  • North Korea defiant over U.N. sanctions as Trump says tougher steps needed (Reuters)
  • Crews Face Herculean Task Restoring Power in Florida (WSJ)
  • Supreme Court Reinstates Travel Ban’s Refugee Restrictions (WSJ)

Germany: The Rise Of Islam

Turkey controls 900 mosques in Germany and feels free to say that a "liberal mosque" in Germany is "incompatible" with Islam. In the words of Erdogan, "Our minarets are our bayonets, our domes are our helmets, our mosques are our barracks".

World Stocks Hit Fresh Record High As Irma, Korea Rally Continues; Pounds Surges

World stocks hit new record highs on Tuesday amid a continuation of Monday's risk-on theme which unleashed a dramatic relief rally on easing North Korea tensions and signs that Hurricane Irma caused less damage than feared. The MSCI All-Country World Index gained 0.2%, hitting the highest on record with a fifth consecutive advance.

Frontrunning: September 8

  • Hurricane Irma threatens power losses for millions in Florida (Reuters)
  • Back-to-Back Hurricanes to Test FEMA Reforms (WSJ)
  • How Would the U.S. Defend Against a North Korean Nuclear Attack? (BBG)
  • Russia says too early to decide on U.N. resolution on North Korea: Interfax (Reuters)
  • Strongest Quake in a Century Hits Mexico, 15 Reported Dead (BBG)

Did Benjamin Netanyahu Just Panic?

Is Israeli Prime Minister Netanyahu pushing the panic button over the collapse of the Saudi-Israeli jihadist proxies in Syria and now threatening to launch a major air war...?

Global Stocks Shake Off North Korea Jitters; Chinese Yuan Slides

Traders are eager to buy the latest dip, as US futures pared yesterday's losses before markets reopen after the Labor Day holiday, as global stocks looked to put any North Korean unpleasantries into the rear view mirror and assume another happy ending: