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Major Foreign Policy Shift: Turkey Abandoning EU For SCO

Submitted by Peter Korzun via Strategic-Culture.org,

Turkish President Tayyip Erdogan said on November 20 that Turkey did not need to join the European Union «at all costs». Instead, it could become part of the Shanghai Cooperation Organization (SCO), or Shanghai Pact. The Turkish leader said he had already discussed the idea with Russian President Vladimir Putin and his Kazakh counterpart Nursultan Nazarbayev.

Trumpflation Takes A Breather As Global Stocks Rise, Oil Jumps On Renewed OPEC "Deal Optimism"

Trumpflation Takes A Breather As Global Stocks Rise, Oil Jumps On Renewed OPEC "Deal Optimism"

With the Trumpflation euphoria easing back slightly overnight, leading to a modest paring in the USD index and US Treasury yields, Asian and European stocks rose, while US equity futures rebounded to just shy of new all time highs, as crude jumped on renewed optimism that OPEC will agree to cut output; Italian equities underperformed ahead of the Italian referendum; metals rebounded from last week’s losses as yields dropped and the dollar halted its longest winning streak versus the euro.

Iranian Footballer Suspended Over SpongeBob SquarePants

A professional Iranian footballer has been banned from domestic competition for six months after wearing bright yellow SpongeBob trousers in public. The morality committee of Iran’s football association suspended Sosha Makani after seeing a picture of him wearing what appears to be a pair of SpongeBob SquarePants on social media.  Vice Sports reports: The federation’s morality committee was responsible for handing down the ban, after deeming Sosha Makani’s trousers inappropriate.

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