Israel’s plan to build over 4,000 new settler homes in the West Bank prompted European countries to voice their concerns about the move and its effect on stability in the region. France, Germany, Britain, Italy, and Spain issued a joint statement that called the expansion of settlements a violation of “international law and further imperils...
366 search results for: Turkey
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GLOBAL ECONOMIC TRENDS
BILLIONAIRES GAINED WEALTH DURING THE ECONOMIC SHUTDOWN, During the pandemic, the wealth of the world’s billionaires grew by 13 percent to reach $10.2 trillion, topping $10 trillion for the first time, according to a study by UBS and accounting firm PwC. The previous record was $8.9 trillion at the end of 2019. Between 7 April...
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ARMENIA VS. AZERBAIJAN: SPREADING WAR
The conflict between Armenia and Azerbaijan continued to destabilize the region last week, with Armenian President Armen Sarkissian warning the area could continue to descend into the abyss and become a “new Syria.” Sarkissian said Turkey has emerged as a “bully in the region” and has pushed aside Russia from its role as a mediator...
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CAUCASUS WAR: THE DEADLY FUTURE
Top world powers issued a joint statement last week condemning “in the strongest terms” the recent escalation in southern Caucasus (located on the border of Eastern Europe and Western Asia) that has led to mounting casualties for Armenia and Azerbaijan. The U.S., France, and Russia have called for a ceasefire after a recent breakout of...
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CDC BLACKLISTS BLACK FRIDAY
The CDC has warned consumers to avoid the usual crush of holiday shopping that begins on “Black Friday,” the traditional day on which shoppers push past each other and crowd together in store aisles to grab the season’s gifts of choice. Among the CDC’s holiday guidelines for sharing the upcoming holidays with the COVID virus:...
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TEMP CHECKS GOOD THEATER, BUT OFFER MINIMAL VIRUS PREVENTION BENEFIT
Some health officials see little use in employing temperature checks in order to prevent the spread of the coronavirus, saying these screenings do nothing more than offer a bit of pandemic theater for the public. The New York Times reported last week that some governors have incorporated temperature checks into their coronavirus mandates. Running a...
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U.S. MARKETS FRONT
On the market front, the Dow, after being up 237 points, closed basically flat today, while the S&P 500 closed up 0.5 percent and the NASDAQ gained 1.2 percent on the news that big dealmakers are making more deals and hopes of a corona virus vaccine hitting the market soon. Today’s headline story from CNBC...
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GLOBAL ECONOMIC TRENDS
HALF OF CANADIANS ARE BROKE. Forty-nine percent of Canadians believe they are on the brink of insolvency, according to the latest MNP Consumer Debt Index published earlier this month. Since December, the number of Canadians worried about their debt level has jumped 10 points to 46 percent, the highest number since 2017 when the data...
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WILL EURO CHALLENGE THE DOLLAR?
More speculators are betting the dollar’s value will fall and the euro’s will rise than at any time before, according to the Commodity Futures Trading Commission. Positive bets on the euro have reached a record high. The euro’s continuing rally prompted JPMorgan Chase analysts on 21 August to raise their year-end forecast for the euro’s...
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ISRAEL CONTINUES PALESTINIAN PURGE
On 19 August, Israeli military jets conducted their ninth straight night of air strikes in the Gaza Strip. Israeli leaders claimed this massive bombing was a reaction to “incendiary balloons” and riots on the ground. According to reporting from the Mint Press, “Most recent cases of incendiary balloons were not the work of Hamas, but...
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