Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies.
Read the article HERE.
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Economics
Reuters: Euro zone October PMI adds to evidence bloc is heading for recession
Flash PMIs for October provide yet more evidence that the euro zone is sliding into quite a deep recession but that inflationary pressures remain intense Read Here Photo: KUKA Roboter GmbH, Bachmann
Aviation
Larry C. Johnson: The Strait of Hormuz is Closed Again… Iran is Serious
The disruption of the global supply chain caused by Iran’s blockade is not fully grasped by most people. I liken it to radiation sickness… Read Article HERE The two images above show the Strait of […]
Economics
Yanis Varoufakis: How the Euro Divided Europe
When eurozone finance ministers recently issued a joint paean to the single currency on the occasion of the twentieth anniversary of the introduction of euro banknotes and coins, something remarkable happened: Nothing. No one joined […]
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