Iran

Of Russia Baiters And Putin Haters

"If America stumbles into a war with Russia that all our Cold War presidents avoided, the Russia baiters and Putin haters will be put in same circle of hell by history as the idiot war hawks of 1914 and the three blind men of Versailles in 1919."

Hawaii Judge Orders Loosening Of Trump Travel Ban

“Judge Watson...ordered that the ban not apply to “grandparents, grandchildren, brothers-in-law, sisters-in-law, aunts, uncles, nieces, nephews, and cousins of persons in the United States"...

Turkey "Turns Away" From NATO, Buys Russian Advanced Missile System For $2.5 Billion

In a move that has been defined as "signalling a turn away from the NATO military alliance that has anchored Turkey to the West for more than six decades" Turkey agreed to pay $2.5 billion to acquire Russia’s most advanced missile defense system. The proposed deal which was first reported here back in November 2016, has been finalized and the preliminary agreement sees Turkey receiving two S-400 missile batteries from Russia within the next year.

Global Stocks Hit New All Time High After Dovish Yellen, Strong Chinese Trade Data

The hawkish tone and global bond tantrum unleashed by central bankers at the Sintra ECB forum two weeks ago is now a distant memory, and after Janet Yellen surprised markets with an unexpectedly dovish testimony yesterday, overnight global shares hit their fourth all-time high in less than a month as Septmeber and December rate hike odds tumbled, pushing the dollar to the lowest level since September 2016.

Got Milk? First 165 Cows Airlifted To Qatar

Qatar has taken delivery of 165 cows that were airlifted into the Gulf state to ease a milk shortage caused by sanctions imposed by Qatar’s neighbors...

The Media Says The US Just Liberated Mosul: Here's What Really Happened

The mainstream media is largely using the word “liberation,” which indicates the people of Mosul have been freed from a monstrous force by a friendly, benevolent one. In reality, the “liberation” of Mosul paints a dark, horrifying picture of America’s foreign policy when one realizes how ISIS took hold of Mosul in the first place.

Turkey Deploys "Fifth Batch" Of Troops To Qatar

While Rex Tillerson was actively seeking to resolve the Qatar crisis with his "shuttle diplomacy" tour across the Gulf, Qatar said more Turkish troops had arrived at a Turkish military base in Doha after Ankara fast-tracked legislation in June expanding the troop deployment to Qatar.

Frontrunning: July 11

  • Trump Looks to Wall Street for Fed Bank Regulator (WSJ)
  • Rates play prods dollar to four-month high versus yen, kiwi dollar falls (Reuters)
  • Kaspersky Lab Has Been Working With Russian Intelligence (BBG)
  • Buffett’s Berkshire Moves Away From Stock Picking (WSJ)
  • OPEC's Barkindo says all producers should help balance market (Reuters)

Bond Selloff Returns As EM Fears Rise; Oil Slides; BOJ Does Not Intervene

U.S. index futures point slightly lower open. Asian shares rose while stocks in Europe fell as energy producers got caught in a downdraft in oil prices and reversed an earlier gain after Goldman unexpectedly warned that WTI could slide below $40 absent "show and awe" from OPEC.

The Saker: The Syrian Powderkeg - "I'm Not Convinced There Is A US Strategy"

"I'm not convinced there is a US strategy. I think there is a CIA strategy, a Pentagon strategy, a State Department strategy. There used to be a White House strategy. Right now, I am not even sure. We should go deeper into who is doing what inside the Pentagon and the military. I mean, there is chaos...There is a real problem here in the United States. And that problem could end up with international nuclear war."

Tillerson Flies To Gulf To Resolve Qatar Crisis As Ties Emerge Between Kushner And Qatar's Richest Man

In the latest US attempt to mediate and resolve the Qatar crisis, Secretary of State Rex Tillerson flew to the Gulf on Monday for talks aimed at ending the standoff between a coalition of Arab states led by Saudi Arabia and the wealthy nat gas exporter, just hours before The Intercept reported that Jared Kushner tried and failed to get a half-billion dollar bailout from Qatar's richest man.