"... by any normal reckoning, Afghanistan has been a catastrophe for US citizens, as well as of course for millions of Afghanis...But in a more sinister reckoning, there are powerful American interests which view the suffering and calamity of Afghanistan as a lucrative, strategic venture that must be kept going."
In a quiet overnight session, the dollar dropped set for its biggest weekly decline since March as traders prepared for a keynote speech by Fed chair Jerome Powell. Global stocks rose despite disappointment from the latest US-China trade talks as Beijing again intervened to prop up markets.
Welcome back my friends to the show that never ends – and the post-truth geopolitical remix of the supergroup. Meet The Sanctioned; a multinational band starring multi-instrumentalists Vladimir Putin (Russia), Xi Jinping (China), Hassan Rouhani (Iran) and Recep Tayyip Erdogan (Turkey).
"Trump cancelled the Iran deal because a different group of billionaires are now in control of the White House, and of the rest of the US Government. Trump’s group demonize especially Iran; Obama’s group demonize especially Russia. "
Amid increased anxiety over Ramaphosa's white farmer land confiscation and reports of a $4.2 billion bailout of state-owned enterprises, the Emerging Market rout in Turkey has sparked a collapse in the Rand in early Asia trading.