Turkey

Israel Has Been Secretly Funding Syrian Rebels For Years

Israel has been secretly supplying Syrian rebels near its border with cash as well as food, fuel and medical supplies for years, a "secret engagement in the enemy country’s civil war" aimed at carving out a buffer zone populated by friendly forces, the WSJ reported.

Syrian "Rebels" In Turmoil After Qatar Crisis

Mustafa Sejari of the Liwa al Mutasem rebel group in northern Syria said "god forbid if this crisis is not contained I predict ... the situation in Syria will become tragic because the factions that are supported by (different) countries will be forced to take hostile positions towards each other."

EU Sues Poland, Hungary And Czech Republic For Refusing To Accept Refugees

The European Commission has launched a legal case against Poland, Hungary and the Czech Republic, for refusing to take in asylum seekers, escalating a bitter feud within the 28-nation bloc about how to deal with the Pandora's box opened up Angela Merkel's 2015 "Open Door" policy, which has since slammed shut.

Multipolar World Order: The Big Picture In The Qatar-Saudi Fracture

"The American century is rapidly coming to an end. Terrorists are biting their masters’ hands and the vassals are rebelling. The unipolar world order that defers to the United States is rapidly disappearing, and the consequences are being felt in many areas of the world."

Qatar Is Running Out Of Dollars

"We have no dollars because there is no shipment or transportation from the United Arab Emirates. There is no stock," said a dealer at the Qatar-UAE Exchange House in Doha's City Center mall. "The shipment is blocked from the UAE."

To Bypass Food Embargo, Qatar Will Pay $8 Million To Airlift 4,000 Cows

Call it the biggest bovine airlift in history, as Bloomberg puts it. Because while the "showdown between Qatar and its neighbors has disrupted trade, split families and threatened to alter long-standing geopolitical alliances", it has prompted one enterprising Qatari businessman to fly 4,000 cows to the Gulf desert at a cost of $2000 each, to fill the void left by a collapse in the supply of fresh milk.

Key Events In The Coming Busy Week: Fed, BOJ, BOE, SNB, US Inflation And Retail Sales

After a tumultous week in the world of politics, with non-stop Trump drama in the US, and votes in the UK, France and Italy, this is shaping up as another busy week ahead with multiple CB meetings, a full data calendar and even another important Eurogroup meeting for Greece. Wednesday's FOMC will be the main event, with the Fed expected to hike 25bp, while the BOJ, BOE and SNB all remain on hold.

Iran Sends 2 Warships To Oman, Flies Food To Qatar

If there was any confusion on which side of the Qatar crisis Iran found itself, it was swept away today after Iran's Tasnim news, cited by Turkey's Anadolu Agency, reported that Iran plans to send two warships to Oman on Sunday, while sending four cargo planes of food to Qatar and plans to provide 100 tonnes of fruit and vegetable every day.