BTFGGC!?
Because nothing says BTFD like a good government crisis...
The DAX is up almost 3% from the Sunday night post-coalition-fail lows...
But EURUSD is at those lows...
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Politics
FCC Unveils Plan To Roll Back Net Neutrality Rules
The Trump administration has just set in motion a plan to repeal virtually all of the U.S. government’s existing net neutrality rules — a move that could soon deliver a major deregulatory win to telecom/cable giants like AT&T, Charter, Comcast and Verizon. Ironically, the move comes just as another Trump administration department, the DOJ, seems intent upon delivering a massive blow to AT&T's efforts to acquire Time Warner.
Lebanese Army On "Full Combat Readiness" At Southern Border To Counter "Israeli Enemy"
Two days after Israel provided the first ever official confirmation of covert ties with Saudi Arabia, a step many analysts see as a precursor to future conflict in the Middle East involving adversaries Iran and Lebanon, on Tuesday the head of the Lebanese Army told the military to be at “full combat readiness” to face “the Israeli enemy” at the country's southern border. The announcement comes as Arab nations, including Saudi Arabia, vow to tighten their grip on Lebanon’s Hezbollah militia.
Putin Holds Surprise Meeting With Assad, Will Call Trump By Phone Later Tuesday
One day before meeting with the leaders of Iran and Turkey in the Black Sea resort of Sochi, Russian President Vladimir Putin held a surprise meeting with his Syrian counterpart, Bashar al-Assad, kicking off a diplomatic drive this week to outline the terms of an end to the Middle Eastern country’s bloody civil war. The two leaders discussed the political process in Syria, with the Russian leader saying that the fight against terrorism in the crisis-stricken country is close to completion.
France's Macron Covers For Saudi Aggression
Authored by Finian Cunningham via The Strategic Culture Foundation,
France’s invitation to beleaguered Lebanese premier Saad Hariri for him and his family to spend “a few days in Paris” has been viewed as French President Emmanuel Macron stepping in with deft soft power to resolve tensions between Saudi Arabia and Lebanon.
Less charitably, what Macron is really doing is giving cynical cover to the Saudi rulers for their extraordinary acts of aggression towards Lebanon and their violation of that country’s sovereignty.