Turkey

Iran Nuclear Deal - Alive Or Dead?

If, however, in the absence of a violation of the treaty by Iran, we tore up the deal, we could find ourselves isolated. For Britain, France and Germany also signed, and they believe the agreement is a good one. Do we really want to force these NATO allies to choose between the deal they agreed to and a break with the United States?

The Islamization Of Britain In 2016: "More Backwards Than Some Parts Of Pakistan"

More than 100,000 British Muslims sympathize with suicide bombers and people who commit other terrorist acts, according to a 615-page survey. Only one in three British Muslims (34%) would contact the police if they believed that somebody close to them had become involved with radical Islam. Teaching children fundamental British values is an act of "cultural supremacism," according to the National Union of Teachers.

Party Like The Dow Is 19,999: US Futures Dip As Global Currencies Stumble; Oil Down, Gold Up

European, Asian stocks fall and U.S. equity-index futures traded mixed on Monday with fresh memories of the Dow Jones rising to under 1 point of 20,000 on Friday. The dollar has rebounded on fresh geopolitical concerns, while the pound extends its decline from Friday and has slide to 10 week lows on a Sunday interview from Theresa May which suggested a "Hard Brexit" may be in the cards.

Turkish Lira Plunges Over 2% To New Record Low, Yields Rise On Moody's Warning

The collapse in the Turkish Lira, which has been relentless since last summer's failed coup, has only accelerated in 2017, and especially this morning, when the Turkish currency tumbled more than 2% against the dollar - its single worst day since the July 19 military coup attempt - sliding as low as 3.73, down over 5% so far in 2017, and over 23% in the past 12 months.

How The Mainstream Media Turned Al Qaeda Into A US Ally In Syria

Since 9/11, US corporate media have portrayed Al Qaeda as a monstrous organization whose existence justifies a global war without end. Who could have predicted that by 2016, these same media outlets would become Al Qaeda’s most enthusiastic cheerleaders?

The Fourth-Generation War

For most people, the term “4GW” will conjure visions of a new and improved data service for their mobile devices. For members of the military and intelligence community, 4GW means something entirely different: Fourth-Generation Warfare, a form of warfare where the lines between civilians and combatants, political and military goals, and even the weapons to be used in fighting the war are blurred. Smudged to the point where even identifying the warring parties is difficult.

Is Liberal Democracy An Endangered Species?

Donald Trump’s victory represented a rejection of Barack Obama’s America. And whether he succeeds, what is there to cause America to look back with nostalgia on the America Obama came to represent? Our Founding Fathers believed that democracy represented the degeneration of a republic; they feared and loathed it, and felt that it was the precursor of dictatorship. They may have been right again.

Turkey Threatens To Block US From Using Incirlik Airbase

"Our people ask, 'Why are they [the U.S. and coalition warplanes] using the ?ncirlik air base' " if they won't back up Turkish forces against ISIS and the Kurdish militias considered terrorists by Turkey? "What purpose are you serving if you do not provide aerial support against [ISIS] in the most sensitive operation for us?"

These Are Barclays' 13 Commodity "Black Swan Threats" For 2017

Beware the commodity "black swans" in 2017, at least according to Barclays. The British bank warns that raw materials markets from oil to metals face the a high likelihood of disruptions, which among, other include a default by Venezuela, riots in Chile, a trade war with China, more terrorism in Turkey, and even a Fukushima-type disaster in China.

It's The "Most Volatile" Year For Political Risk Since World War II

"In 2017 we enter a period of geopolitical recession," warns Eurasia Group president Ian Bremmer, adding that international war or "the breakdown of major central government institutions" isn't inevitable, though "such an outcome is now thinkable." In the company's 19th annual outlook, Eurasia fears that U.S. unilateralism under Donald Trump, China’s growing assertiveness and a weakened German Chancellor Angela Merkel will make 2017 the "most volatile" year for political risk since World War II.

Injuries Reported After Gunman Opens Fire In Istanbul Restaurant

According to CNN Turk, a shooting has been reported at a restaurant in the Fatih district of Istanbul, According to initial reports 3 persons have been injured in the shooting. According to preliminary reports on social media, the shooting is the result of a dometic personal conflict and not due to terrorism.

Frontrunning: January 4

  • Trump Tariff on GM Would Violate NAFTA. That May Not Stop Him (BBG)
  • Obama Tries to Save Parts of Health Law Amid GOP Attack (WSJ)
  • Trump Puts Auto Makers, Trade Policy in Spotlight (WSJ)
  • British consumers borrow at fastest rate in 11 years as inflation threat rises (Reuters)
  • Investment banking fees fall 7 percent in 2016 dragged down by equity raisings (Reuters)