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Whitewashing the IMF’s Destructive Role in Greece
Whitewashing the IMF’s Destructive Role in Greece This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council […]
Turkey On The Brink As Calls For Martial Law, Civil War Send Lira Plunging Again
Turkey On The Brink As Calls For Martial Law, Civil War Send Lira Plunging Again For anyone who might have missed it, Turkey is quickly descending into chaos on all fronts. The lira is putting to new lows against the dollar on a daily basis as confidence suffers from a worsening political crisis which began […]
Turkey Turmoiling: Lira Plunges To Record Low On Financial, Political, Terrorism Fears
Turkey Turmoiling: Lira Plunges To Record Low On Financial, Political, Terrorism Fears Turkey’s lira is once again in free fall, after testing all-time lows against the dollar during multiple sessions of late as political turmoil and civil war wreak havoc on the currency. On Tuesday, the central bank failed to hike rates and delivered what was generally […]
More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar
More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar On Monday, Turkey’s lira plunged to new lows against the dollar as coalition talks between prime minister and AK Party leader Ahmet Davutoglu and nationalist MHP leader Devlet Bahceli broke down. The result, AKP won’t be able to form a coalition government after […]
Gullible Americans Forever
Gullible Americans Forever “Next the statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing falsities, and will diligently study them, and refuse to examine any refutations of them; and thus he will by and by convince himself that the war is […]
Is Turkey In Over Its Head?
Is Turkey In Over Its Head? Turkey’s war against Islamic State began with bombs being dropped on Kurdistan Workers’ Party’s (PKK) forces – a central actor in the ongoing insurgency across parts of Syria (a country that ostensibly no longer exists) and Iraq. The PKK has sought autonomy from Turkey since the mid-1980s, with tens […]
The Fake War on ISIS: US and Turkey Escalate in Syria
The Fake War on ISIS: US and Turkey Escalate in Syria It is late July 2015, and the media is abuzz with the news that Turkey will allow US jets to use its bases to bomb Islamic State (ISIS) targets in Syria. There is much talk about how this development is a “game-changer,” and how this is […]
Iran Deal is About Staving Off the Coming Oil Shock
Iran Deal is About Staving Off the Coming Oil Shock The US wants to use Iran to sustain its regional influence in the face of the next global economic recession The Iran nuclear deal signals a major shift in the geopolitics of the Middle East. Integral to the equation is oil, economics, terror – and […]
Turkey Permits U.S. To Use Its Airbase For Air Strikes Against Syria
Turkey Permits U.S. To Use Its Airbase For Air Strikes Against Syria Earlier we reported that in an apparent retaliation against Monday’s alleged suicide bombing and today’s follow up killing of a Turkish soldier on the border with Syria, the Turkish army launched what under normal conditions would be deemed a land invasion of Turkey […]
Endless enemies – how the US is supporting the Islamic State by fighting it
Endless enemies – how the US is supporting the Islamic State by fighting it From al-Qaeda to the Islamic State to Assad, the US is fighting terrorists of its own creation by partnering with other terrorists of its own creation Geopolitics is a murky game. Precisely how murky is reflected in the well-worn phrase, “The […]
Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Balance Of Superpowers: Comparing The US And Chinese Armed Forces Whether China is busy championing trade deals outside of the US dollar, buying up some of the world’s biggest companies, taking over foreign housing markets, or building massive networks of nuclear or wind power grids, it is clear that the country is a world power […]
Russia Readies Fuel Deliveries To Athens, Will Support Greek “Economic Revival”
Russia Readies Fuel Deliveries To Athens, Will Support Greek “Economic Revival” Russia and Greece have a “special relationship of spiritual kinship and religious and historical affinity,” Vladimir Putin said yesterday, following the BRICS summit in Ulfa. Over the course of the unfolding crisis in Greece, Athens has at various times gone out of its way to remind Angela […]
Geopolitics Will Trump Economics in Greece
Geopolitics Will Trump Economics in Greece Based on the continued failure of the negotiating parties to make any substantive progress in the talks over Greek debt payments, the financial world is tied up in knots over a possible Greek exit from the European Union. The uncertainty has manifested in both high and low finance, with […]
Pentagon report says West, Gulf states and Turkey foresaw emergence of ‘IS’
Pentagon report says West, Gulf states and Turkey foresaw emergence of ‘IS’ A US intelligence report reveals that Western support for Syria’s rebels aided and abetted the rise of the ‘Islamic State’ – and the Pentagon won’t deny it A newly declassified Pentagon report provides startling high-level confirmation that the US-led strategy in Syria contributed directly to […]
