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A Hapless Brazil Incurs Massive Losses On FX Swaps Amid Currency Carnage
A Hapless Brazil Incurs Massive Losses On FX Swaps Amid Currency Carnage As we’ve documented extensively of late, a host of idiosyncratic political factors have served to exacerbate what was already a very, very bad situation for emerging markets. This dynamic is most readily apparent in Brazil and Turkey, and although Ankara probably has a […]
In Latest Sign Of EM Chaos, Turkey’s FX Reserves Fall Below Key Threshold Ahead Of Pivotal Elections
In Latest Sign Of EM Chaos, Turkey’s FX Reserves Fall Below Key Threshold Ahead Of Pivotal Elections One of the key things to understand about the veritable meltdown that’s unfolded across emerging markets is that there’s more to the story than the headline risk factors. That is, while the list of proximate causes that includes […]
Syria: “Not a Proxy War. It’s One Step Closer”
Syria: “Not a Proxy War. It’s One Step Closer” Russia started bombing jihadi bases in Syria today. Given that the the U.S. and its allies are largely responsible for creating ISIS, and that U.S., Turkey and Israel have all been acting as ISIS’ air force – they are not taking too kindly to Russia’s actions. This Wall Street Journal […]
Secret Cable Reveals US Plan To Overthrow Assad By Exploiting “Extremist Groups”
Secret Cable Reveals US Plan To Overthrow Assad By Exploiting “Extremist Groups” Now that Europe’s worsening refugee crisis and Russia’s stepped up support for the regime of Bashar al-Assad have (finally) focused the world’s attention on Syria’s four-year, bloody civil war, inquiring minds want to know: how did it happen that the country, which is […]
Lost Lessons from a Toddler’s Death
Lost Lessons from a Toddler’s Death The world’s conscience was touched by the photo of a toddler who drowned while fleeing the war in Syria — and Europe’s cohesion is threatened by the growing flood of Syrian refugees. But Western leaders won’t let go of their “regime change” fixation which is making matters worse, writes […]
Was Turkey Behind Syria Sarin Attack?
Was Turkey Behind Syria Sarin Attack? From the Archive: As Washington pundits again demand Syrian President Assad’s ouster, a top talking point is that he “gassed his own people” in a Sarin attack in 2013. But that rush to judgment was picked apart by investigative journalist Seymour Hersh and others, as Robert Parry reported in spring 2014. In late August […]
In Search of a Resolution to the Syrian War, Refugee Crisis
In Search of a Resolution to the Syrian War, Refugee Crisis One of the main migration routes is to head for Turkey, then to Greece in order to proceed towards the Balkans and Italy, and finally branch into France and then the United Kingdom. Another route sees passage via Romania, Hungary, and Austria, with […]
US Warns Of “Unprecedented” Russian Military Buildup In Syria: “It’s Starting To Look Like Crimea”
US Warns Of “Unprecedented” Russian Military Buildup In Syria: “It’s Starting To Look Like Crimea” On Wednesday, we brought you an in-depth look at the latest from Syria where Russia is apparently in a mad dash to send reinforcements to Assad and his depleted army at Latakia (or at least that’s the narrative being pushed […]
Migrant Crisis & Syria War Fueled By Competing Gas Pipelines
Migrant Crisis & Syria War Fueled By Competing Gas Pipelines Don’t let anyone fool you: Sectarian strife in Syria has been engineered to provide cover for a war for access to oil and gas, and the power and money that come along with it. Editor’s note: This article has been updated to reflect recent Wikileaks […]
Angry Mobs Torch Kurdish Offices, Shops As Turkey Descends Into Chaos
Angry Mobs Torch Kurdish Offices, Shops As Turkey Descends Into Chaos History is replete with examples of US-backed world leaders oppressing their people with Washington’s implicit blessing and despite the fact that the eyes of the world are trained squarely on Syria and, by extension, on any neighboring country that has a role to play […]
Realism and the Refugee Crisis
Realism and the Refugee Crisis There are two key elements to addressing the flood of Mideast refugees into Europe. One is the immediate humanitarian crisis. The second is to undertake a realistic approach toward stabilizing the war-torn region, which will require Washington working with Moscow and Tehran, writes ex-CIA official Graham E. Fuller. The picture last […]
How Neocons Destabilized Europe
How Neocons Destabilized Europe Exclusive: The neocon prescription of endless “regime change” is spreading chaos across the Middle East and now into Europe, yet the neocons still control the mainstream U.S. narrative and thus have diagnosed the problem as not enough “regime change,” as Robert Parry reports. The refugee chaos that is now pushing deep into Europe […]
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos On Friday we checked in on two of the world’s most important conflicts: 1) that which is unfolding in Turkey where President Recep Tayyip Erdo?an has effectively granted Washington access to Incirlik (you know, for “anti-terror” sorties) in exchange for NATO’s acquiescence […]
Putin Confirms Scope Of Russian Military Role In Syria
Putin Confirms Scope Of Russian Military Role In Syria Over the past 48 hours or so, we’ve seen what certainly appears to be visual confirmation of a non-negligible Russian military presence in Syria. For anyone coming to the story late, overt Russian involvement would seem to suggest that the geopolitical “main event” (so to speak), […]
Turkey Arrests Journalists, Sets Up Terrorist “Tip Line” As Currency Plunges, Violence Escalates
Turkey Arrests Journalists, Sets Up Terrorist “Tip Line” As Currency Plunges, Violence Escalates Last month, Turkey’s central bank had a chance to give the plunging lira some respite by preempting the Fed and hiking rates. Only they didn’t. And not only did they not hike, they made it clear that tightening would only occur once the Fed […]
