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Turkey Wants Ban on Mocking Its Leader Enforced Abroad Too
Turkey Wants Ban on Mocking Its Leader Enforced Abroad Too NOW THAT that Turkish President Recep Tayyip Erdogan has nearly completed a crackdown on dissent at home — closing down opposition newspapers, prosecuting students for joking on Twitter about officials, and putting journalists on trial — he seems intent on silencing critics in other countries as well. After the president arrived […]
China Warns Officials: Allow Social Unrest, Lose Your Job
China Warns Officials: Allow Social Unrest, Lose Your Job To be sure, there are always going to be financial and geopolitical landmines and every once in awhile we – and by “we” we’re referring to the market, or the country, or humanity, or whatever collective you want to choose – are going to step on […]
Could there be a coup in Turkey?
Could there be a coup in Turkey? The situation in Turkey is bad and getting worse. It’s not just the deterioration in security amidst a wave of terrorism. Public debt might be stable, but private debt is out-of-control, the tourism sector is in free-fall, and the decline in the currency has impacted every citizen’s buying power. There is a broad […]
Bombshell: King Of Jordan Blames Turkey For Terror In Europe, Says Israel “Looks Other Way” On Al-Qaeda
Bombshell: King Of Jordan Blames Turkey For Terror In Europe, Says Israel “Looks Other Way” On Al-Qaeda When Vladimir Putin told the world that ISIS gets a significant portion of its funding by selling oil to Turkey, he had just finished meeting with Jordan’s King Abdullah. The King is no stranger to confronting the jihadists. […]
Presenting The Complete Global Currency Swirlogram
Presenting The Complete Global Currency Swirlogram In case you missed it, DM central banks are locked in a truly epic FX deathmatch. Sluggish growth and trade and the attendant global deflationary supply glut have left the world stuck in a nauseating, perpetual hangover from the financial crisis. Subpar inflation and disappointing growth have become the […]
Japan Goes Full Krugman: Plans Un-Depositable, Non-Cash “Gift-Certificate” Money Drop To Young People
Japan Goes Full Krugman: Plans Un-Depositable, Non-Cash “Gift-Certificate” Money Drop To Young People The Swiss, the Finns, and the Ontarians may get their ‘Universal Basic Income’ but the Japanese are about to turn the Spinal Tap amplifier of extreme monetary experimentation to 11. Sankei reports, with no sourcing, that the Japanese government plans to unleash “vouchers” or “gift […]
Erdogan: Democracy, Freedom Have ‘Absolutely No Value Any Longer’
Erdogan: Democracy, Freedom Have ‘Absolutely No Value Any Longer’ Vows to Turn Military on Political Opposition Concerns about Turkish President Recep Tayyip Erdogan’s authoritarian leanings have been at the fore in the nation’s political dialogue since he assumed the presidency, and appear to have been well founded, as in a televised speech today he declared […]
As Turkey Turns Totalitarian, EU Officials Move to Accelerate EU Membership Bid
As Turkey Turns Totalitarian, EU Officials Move to Accelerate EU Membership Bid The EU is turning a blind eye to an opposition crackdown in Turkey that’s polarizing society and complicating efforts to find a political solution to the nation’s Kurdish conflict, Demirtas said in an impromptu interview en route to Brussels. European leaders are expected […]
Kick Turkey Out of NATO
Kick Turkey Out of NATO There’s a Petition at Change.org to suspend Turkey’s membership in NATO. Why kick Turkey out of NATO? Because: Turkey just shut down the largest Turkish newspaper using tear gas, water canons and brutality: Turkey has destroyed free speech and freedom of the press Turkey imprisons more journalists than any other country in the world Journalists […]
Democracy Ends in Turkey
Democracy Ends in Turkey On Saturday March 5th, Deutsche Wirtschafts Nachrichten (German Economic News) headlined “Turkish Police Storm Newspaper Office Zaman” and reported that, “Turkish police entered the editorial offices of critical newspaper Zaman on Friday night.” Accompanying videos there showed a police-state in which ‘security’ forces stormed through a crowd of protesters (readers of the newspaper) outside, into […]
The Balkanization of Europe
The Balkanization of Europe Danae Stratou, Ilargi, Yanis Varoufakis and Steve Keen Feb 16 2016When my mate Steve Keen took me to meet Yanis Varoufakis for dinner last week when we all happened to find ourselves in Athens together, I at least sort of regretted not having the time and space to talk to Yanis about […]
Slouching Down a March of Folly
Slouching Down a March of Folly The threats from Turkey and Saudi Arabia to mount a full-scale invasion of Syria create the potential for a modern-day “march of folly” into World War III by drawing NATO and the U.S. into a direct military confrontation with Russia and Iran, as ex-CIA analyst Paul R. Pillar explains. […]
‘OK, big brother’: Turkish military cooperate with ISIS on border, telephone calls reveal
‘OK, big brother’: Turkish military cooperate with ISIS on border, telephone calls reveal © Sertac Kayar / Reuters Further proof of ties between the Turkish military and Islamic State fighters operating on the Syrian-Turkish border has been revealed in the Cumhuriyet newspaper, which published more transcripts of telephone calls between the jihadists and officers. The […]
What Could Go Wrong? Saudis Want To Give Surface-To-Air Missiles To Syrian Rebels
What Could Go Wrong? Saudis Want To Give Surface-To-Air Missiles To Syrian Rebels When the Russians started flying from Latakia on September 30 it put the Syrian opposition in a decisively precarious situation. Whereas the Syrian air force was largely out of date and relied on replacement parts and continual maintenance to remain viable, Moscow […]
World War 3 Could Very Easily Turn Into The Very First Nuclear War In The Middle East
World War 3 Could Very Easily Turn Into The Very First Nuclear War In The Middle East Saudi Arabia already has nukes, Iran probably does, and the Russians are one of the two great nuclear powers on the entire planet. So if Saudi Arabia, Turkey and their Sunni allies do decide to conduct a full-blown ground […]
