Turkey

Merkel's Migrant Deception

As it now turns out, Hungary's Prime Minister Viktor Orbán was right about a "secret deal" all along...

Is Turkey Lost To The West?

Not long ago, a democratizing Turkey, with the second-largest army in NATO, appeared on track to join the European Union. That’s not likely now, or perhaps ever.

Turkey Says "Migrant Deal Has Ended", May Unleash Millions Of Refugees

The most troubling development from the latest diplomatic spat between Turkey and Europe, and one which has the potential to sway the outcome of the Dutch election which will be held in less than two days, is that in the final power play aimed towards Merkel, Turkey's deputy prime minister Kurtulmus exclaimed that since "Europe has not kept its promises on the migrant deal, for us that agreement has ended."

How Shale Is Reshaping The World: Three New Wars

"...the US Shale revolution will accelerate the breakdown of the global order as we know it, reshaping global geopolitics, leading to three major conflicts - Russia vs. Europe, Iran vs. Saudi Arabia & an Asian Tanker War"

"Nazi Dogs": Turkey Prepares Sanctions Against The Netherlands

The Turkish cabinet was on Monday expected to consider imposing sanctions on the Netherlands in a deepening row with its NATO ally over a ban on its ministers speaking at political events in Rotterdam, and one minister said punitive measures were likely.

Frontrunning: March 13

  • Oil touches three-month lows, as U.S. supply swells (Reuters)
  • Oil Steadies Below $49 as U.S. Drilling Threatens Longer Glut (BBG)
  • Traders Brace as Crucial Events Loom for Markets (WSJ)
  • Preet Bharara’s Probes Likely to Continue After His Exit (WSJ)
  • Dollar steadies after three-day fall (Reuters)
  • GOP Health Plan Would Hit Rural Areas Hard (WSJ)

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday's selloff. Crude oil has continued its retreat, down 0.2% and sliding for a 6th straight day after breifly dropping below $48 in overnight trading.

Turkey Vows "Harsh Retaliation" Seeks Sanctions, As Dutch PM Says "Not Apologizing, Are You Nuts"

Turkey's Prime Minister Binali Yildirim said that his country will retaliate in the "harshest ways" to Dutch moves to bar the flight of the Turkish foreign minister and prevent the family minister from entering the Turkish consulate in Rotterdam, while Dutch PM Mark Rutte slammed Erdogan: "This is a man who yesterday made us out for fascists and a country of Nazis. I’m going to de-escalate, but not by offering apologies. Are you nuts?" he told a morning talk show.