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Turkish Lira Crashes 4%, Biggest Drop Since "Failed Coup" Following Visa Suspension Drama

Turkish Lira Crashes 4%, Biggest Drop Since "Failed Coup" Following Visa Suspension Drama

With tensions between Turkey and the US escalating dramatically and unexpectedly in the past few days, when first Turkish police on Wednesday arrested a local employee of the US embassy in Istanbul and charged him with espionage and an attempt to overthrow the government, which was following on Sunday afternoon by the US embassy in Turkey announcing that "effective immediately" it has "suspended all non-immigrant visa services at all U.S. diplomatic facilities in Turkey"...

Martin Armstrong Warns "Spain Is The Blueprint For How All Governments Will Act"

Martin Armstrong Warns "Spain Is The Blueprint For How All Governments Will Act"

Authored by Martin Armstrong via ArmstrongEconomics.com,

What is going on in Spain is the blueprint what what other governments will do.

The Spanish people themselves outside of Catalonia are deeply divided.

Many see the Catalan vote as offensive and yet others see the government as offensive.

US Suspends All Non-Immigrant Visa Services In Turkey

On Friday, we reported that in a move that looks suspiciously like retaliation, Turkish police on Wednesday arrested a local employee of the US embassy in Istanbul and charged him with espionage and trying to overthrow the government. The arrest stemmed from the man’s alleged support for Erdogan's scapegoat for "fill-in-the-blank", US-based Cleric Fettulah Gulen, who was blamed for 2016's fake coup attempt and pretty much everything else that's wrong in Turkey.

Spain's Rajoy Ready To Trigger "Nuclear Option" As Hundreds Of Thousands Protest Against Independence In Barcelona

Spain's Rajoy Ready To Trigger "Nuclear Option" As Hundreds Of Thousands Protest Against Independence In Barcelona

One week after the historic Catalan Independence Referendum vote reopened Europe's populist Pandora Box of nationalist secession movements, tens of thousands of people took to the streets of Catalonia’s capital Barcelona on Sunday to express their opposition to any declaration of independence from Spain, which according to Reuters showed "how divided the region is on the issue."

Corker Responds To Trump Slam: "White House Has Become An Adult Day Care Center"

Corker Responds To Trump Slam: "White House Has Become An Adult Day Care Center"

The bitter sentiment between President Trump and soon-to-be-former Senator Bob Corker was launched into the public eye this morning.

In a series of early morning tweets, President Trump lashed out at the Tennessee Republican, exposing some 'inside-the-beltway' scoop...

Senator Bob Corker "begged" me to endorse him for re-election in Tennessee. I said "NO" and he dropped out (said he could not win without my endorsement).

 

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