Turkey

Frontrunning: December 19

  • Electoral college expected to officially select Trump (Reuters)
  • China says discussing return of undersea drone with U.S. military (Reuters)
  • Neutral PBOC Sets Up First U.S.-China Tightening Since 2006 (BBG)
  • Wall St sleepwalking into Trump volatility surge (FT)
  • Ukraine's largest bank rescued by state, prompts call for calm (Reuters)

Damaging The Deep State: Trump, Russia, And China

It has become clear Trump's attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the deep state, causing it great resentment, which under Obama, Clinton and the Bushes, ran geopolitical policy. From January, barring accidents the world will not be the same, the establishment up-ended.

Bitter In Aleppo Defeat, US And EU Seek To Further Demonize Russia

As Russian forces help liberate the Syrian city of Aleppo this week from a four-year terrorist siege, Washington and Europe step up threats of cyber war and economic aggression with sanctions. That’s no coincidence. It is the response of accomplices bitter in defeat.

Has The Fed Turned "Hawkish?"

Jose Canseco isn’t alone in his fantastical thinking and enthusiasm. Countless intelligent individuals, that have made careers out of economics, have had their minds softened over by theories not too different from Canseco’s. Namely, that a perpetually higher stock market is good for the economy. Of course, the only way to achieve a Dow 40,000 target in four years is through massive amounts of monetary stimulus (not fiscal).

NATO-Russia War Seen As Top "Conflict" Risk For 2017 By CFR

A NATO-Russia confrontation has been classified as a top "conflict"risk for the US in 2017 by the annual CFR survey, conducted by foreign policy experts. This placed it alongside the risk of a nuclear crisis with North Korea, a "highly disruptive cyberattack", and a severe terrorist attack on the US among the biggest geopolitical risks for the US.

Is Obama Setting-Up War With Russia By 'Unraveling' The Situation In Syria?

The Obama Administration seems to be making considerable progress to set up the next U.S. President, Trump, with an “unraveling” situation in Syria, so as to enable Trump to continue Obama’s war against Russia and all its allies (such as Syria). Whether President Trump will continue Obama’s policy isn’t yet clear.

Assad Retakes Aleppo: The Military Operation Is Over, Says Russian Envoy

"The counter-terrorist operation in Aleppo will be completed within a few hours. All the militants along with their families and the wounded are now withdrawing through the agreed corridors in the directions they themselves have chosen, including in the direction of Idlib,” the Russian envoy said.

Europe: Illegal To Criticize Islam

While prosecuting and sanctioning people who criticize Islam is becoming more common in Europe, this practice used to be reserved only for Muslim countries officially governed by sharia law, such as Saudi Arabia or Pakistan, where it is forbidden to insult Islam. It is a pity that European courts and other state bodies have begun taking their cues from Islamic law.

Where A Strong Dollar Will Do The Most Damage

Forecasting the future of currencies is a notoriously risky business. Forces may push them in a particular direction, but in the ever-changing environment of the foreign exchange market, events anywhere in the world, at any point in time, can alter their course. Nevertheless, the dollar is steadily strengthening, and it could create headaches in other parts of the world.