Perhaps because he fears retaliation for his government's deliberate - and unsubstantiated - interference in last year's US presidential election, Russian President Vladimir Putin is apparently worried that foreign powers might interfere in Russia’s upcoming federal election.
Following Friday's best day in 6 months, gold tumbled most in 4 months today as the German Government crisis sent investors fleeing any source of safe haven!!??
Sell bonds, sell gold, sell protection...
Seriously...
EURUSD is testing overnight lows (and gold is tumbling) after German Chancellor Angela Merkel said she would prefer to go ahead with new federal elections rather than try to form a minority government.
Seeking her fourth term, Bloomberg reports that Merkel is “skeptical” about a minority government as it may not bring about necessary stability and is open to another so-called grand coalition with the Social Democratic party, she said in an interview with ARD television.
According to a recent estimate published by the Federal Association for Assistance for the Homeless, the number of homeless people living on Germany’s streets has risen by 33% in a matter of just a couple of years, to 52,000. Meanwhile, as The Local notes, the number of Germans who can't afford their own home and have been forced to rely on the generosity of family and friends for a place to sleep every night has also risen a staggering 26%, to over 400,000 people.
More evidence revealing the ridiculousness of the centrist position on immigration – namely that refugees can be seamlessly integrated into European society without a spike in crime or terror – has emerged courtesy of the German newspaper Welt Am Sonntag which revealed Sunday that the number of terrorism-related cases investigated by German authorities has quadrupled over the past year.
Prosecutors have opened more than 900 cases so far this year, compared with just 240 throughout 2016, and 80 cases in 2013.