Spain

Authored by Wayne Madsen via The Strategic Culture Foundation,

The Spanish government decided to reach back into its history and borrow from the playbook of longtime Spanish fascist dictator Francisco Franco in dealing with Catalonia’s decision to declare independence from the Spanish Kingdom as the Republic of Catalonia. The Catalan government’s decision to declare independence followed an October 1 referendum in the region that resulted in a “yes” for independence.

Update: As we warned earlier, La Sexta has just reported that (former) Catalan leader Carles Puigdemont will seek asylum in Belgium.

According to eldiario.es, Puigdemont has made the decision to travel to Brussels advised by a legal team that recommends him to remain in that country.

U.S. futures slid 0.2% as investors await a barrage of announcements including Wednesday's Fed decision, Friday's jobs report and, most importantly Trump's imminent announcement of who the next Fed chairman will be, although after the latest trial balloons, Jay Powell is now largely priced in. Asian equities edged modestly higher despite a tumble in Chinese stocks and bonds with Japan's Nikkei closing 3 points in the green, while European shares hold steady after concerns eased about the Catalan crisis with no notable developments over the weekend, pushing Spanish stocks and bonds higher.

Update (0920ET): A Spanish government spokesman has responded to Puigdemont's address, saying that "Spain will not comment on comments by Puigdemont who is out of a job."

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As we detailed earlier, in a pre-record message this morning, Catalan separtist leader Carles Puigdemont urged Catalans to peacefully oppose Spain's formal takeover of the region's affairs.

Earlier in the week, The Express reported that Spain's 'attorney general' gave a blunt message that if he declares independence for Catalonia he will be charged with “rebellion” and could face 30 years in prison, to the President of the north east region and said he would call on the Catalan police - Mossos d’Esquadra - to detain Mr Puigdemont, who has been the focal figures in the region’s push to break away from the rest of Spain. Mr Maza, speaking at an event on cybersecurity in Madrid, said: