Turkey

Tyler Durden's picture

Stronger Dollar Sends Futures Higher, Oil Lower, Asian Stocks To Two Month Lows





Yesterday's weak dollar headfake has ended and overnight the USD rallied, while Asian stocks dropped to the lowest level in 7 weeks and crude oil fell as speculation returned that the Federal Reserve will raise interest rates as early as next month. The pound jumped and European stocks gained thanks to a weaker EUR.

 
Tyler Durden's picture

Erdogan Furious After EU Suspends Plans To Extend Visa-Free Travel To Turkey





An EU plan that would extend visa-free travel privileges to Turkey as of July 1 will be delayed over worries Ankara won't meet the key conditions on time. Deutsche Welle adds that "Chancellor Angela Merkel is in no mood to budge" in what is the first actual indication of resistance by the German to the increasingly more whimsical demands by the Turkish president.

 
GoldCore's picture

Buy Gold As “Extremely Low-Risk Asset” – Rogoff Advice To Creditor Nations





Buy gold as it is an “extremely low-risk asset” is the advice of Professor Kenneth Rogoff to emerging market, creditor nation central banks including the People’s Bank of China (PBOC). “There is no limit to its price ...” he said ...

 
Tyler Durden's picture

Frontrunning: May 23





  • Global stocks see-saw, yields slip as investors get week off to cautious start (Reuters)
  • Bayer defies critics with $62 billion Monsanto offer (Reuters)
  • Iran has no plans to freeze oil exports, official says ahead of OPEC meeting (Reuters)
  • U.S. lifts arms ban on old foe Vietnam as regional tensions simmer (Reuters)
  • Anthem, Cigna Privately Bicker as They Seek Merger Approval (WSJ)
 
Tyler Durden's picture

Erdogan Nears Absolute Power With Appointment Of Puppet Premier, Stripping MPs Of Immunity





During today's congress of Turkey's AKP, Erdogan confirmed an impotent lapdog, Binali Yildirim - a close ally for two decades and a co-founder of the ruling AK Party - as his new prime minister on Sunday, which as Reuters explained was "a big step towards the stronger presidential powers [Erdogan] has long sought." In plain English, Turkey is unofficially a dictatorship, in which Erdogan is president only in title and in reality a supreme despot as there is no longer anyone who can politically challenge the president.

 
Tyler Durden's picture

Is Soros Funding Another Movement To Destabilize A New Democratically Elected Government





What remains to be answered definitively is whether or not George Soros and Open Society Foundations are funding a highly politicized opposition movement in order to weaken the democratically elected new Polish government despite an overwhelming and unprecedented popular mandate.

 
Pivotfarm's picture

Refugees.





Refugees have little or no respite today in the world and that’s a telling tale of the type of world that we have created around us.

 
Tyler Durden's picture

Demand For Small Arms 'Protection' In Germany Explodes As Immigrant Fear Rises





As the immigration crisis continues to intensify in Europe, Germans are buying protection - lots of it.

 
Tyler Durden's picture

Former London Mayor Wins Most Offensive Erdogan Poem Contest





There was a young fellow from Ankara...  Who was a terrific wankerer...

 
Tyler Durden's picture

Greek Pipeline Breakthrough To Challenge Russian Gas Dominance In Europe





After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large source of natural gas that will help the continent diversify away from Russia. The route begins at the Caspian Sea in Azerbaijan, where the South Caucuses Pipeline will carry Caspian gas from the large Shah Deniz-2 gas field, delivering it to the border with Turkey.

 
Tyler Durden's picture

Frontrunning: May 19





  • Fed Puts June Rate Increase on Table Provided Economy Says Go (BBG)
  • European shares drop as mining stocks weaken, airlines fall (Reuters)
  • Oil drops below $48 on Fed hike speculation, fading support from outages (Reuters)
  • Violent Struggle Over Oil and Money Rattles Global Energy Market (BBG)
  • Bayer Proposes to Acquire Monsanto (WSJ)
 
Tyler Durden's picture

EU-Turkey Migrant Deal Unravels Turning Greece Into Massive Refugee Camp





The EU-Turkey migrant deal, designed to halt the flow of migrants from Turkey to Greece, is falling apart just two months after it was reached. European officials are now looking for a back-up plan - a confidential plan to house all migrants arriving from Turkey on Greek islands in the Aegean Sea. Migrants would remain on the islands permanently while their asylum applications are being processed. The plan, which Bild reports is being discussed at the highest echelons of European power, would effectively turn parts of Greece into massive refugee camps for many years to come.

 
Tyler Durden's picture

Middle Class Destitution – A Devastating Tale From America's Heartland





"We're becoming like a third-world country. This is how it feels to be sold out by your country. We’re going to have nothing left but fast food... Fast food and hedge funds. That's where we're going."

 
Tyler Durden's picture

"What Is Worrisome Is The Increasing Scale Of Violence" - Anti-Immigrant Rhetoric Turns To Arson In Germany





By now everyone is well aware that the sentiment in Germany is beginning to take on a very anti-immigrant (specifically Muslim immigrant) tone. Not only is sentiment shifting, but now violent actions are being put behind the ever growing contempt for immigrants within Germany as well.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!