Further weakening of the currency could hinder Turkey’s efforts to generate foreign capital and strain the ability to repay debt. Insights via @CME Group: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email … Read more Why does the Turkish lira keep falling?
Lebanon was already in the grip of an economic and political crisis before the Aug. 6 port explosion. With a collapsing currency, and swaths of Beirut in ruins, people wonder how much more their country can endure. Subscribe to The Washington Post on YouTube: https://wapo.st/2QOdcqK Follow us: Twitter: https://twitter.com/washingtonpost Instagram: https://www.instagram.com/washingtonpost/ Facebook: https://www.facebook.com/washingtonpost/
Global leaders including U.S. President Donald Trump will participate in a video conference on aid for Lebanon later Sunday as protests against the ruling class gather strength in the wake of the catastrophic explosion that destroyed parts of the capital Beirut. The talks are due to start at 2 p.m. in Paris. They’ll be hosted … Read more World Leaders Hold Lebanese Aid Conference as Protests Erupt
Eighty percent of central banks around the world are looking at sovereign digital currency projects. Experts say there is a great possibility for China to take the lead. Chinese tech giants have laid a good foundation for infrastructures and technology, and the country’s citizens have already adapted to mobile payments. The country has a large … Read more Will China beat other countries in the global digital currency race?
In this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy chat to precious metals and bitcoin investor Mark Valek of Incrementum.li. They discuss the ‘FREE MONEY’ cover story on the Economist magazine and how that money printing has caused the rise in gold and bitcoin prices. The conversation turns to the U.S. … Read more Keiser Report | Summer Solutions | Gold goes supernova | E1577
Russian mercenary groups have enabled renegade military commander Khalifa Hafter, who is based in eastern Libya, to blockade the country’s oil exports, starving the country of much-needed money. Moscow’s backing of Haftar, a former CIA asset, has increased tensions with the United States. Russian private military contractors are active in 16 African nations. How is … Read more Why Russian mercenaries seized control of key oilfield in Libya | Counting the Cost
Aug.07 — Bob Prince, co-chief investment officer at Bridgewater Associates, discusses the impact of the coronavirus pandemic on the U.S. economy, bond investment strategy in a near-zero interest rate environment, and the future for the U.S. dollar as a reserve currency. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg The Open.”
France’s President Emmanuel Macron arrived in Lebanon on Thursday with a message of solidarity for a country reeling from a devastating explosion, but warned that the country must reform its corrupt ways. Macron said he wants to quickly organize a conference to raise funds for the former French protectorate, while pointedly noting that international assistance “will go … Read more Beirut Blast: France’s Macron Visits Lebanon Promising Aid Yet Urging Reform
Beirut, once known as the Paris of the Middle East, once again looks like a war zone after Monday’s blast that destroyed the city’s port and much of the surrounding area. The United Nations says the world now needs to help the Lebanese people who have for years helped Palestinian and Syrian refugees. The has … Read more How can Lebanon survive this latest catastrophe? | ITV News
A massive explosion at Lebanon’s main port rocked Beirut, overwhelming hospitals dealing with the injured and dying. The blast was so large it blew out windows across the capital and was even heard from Cyprus. Authorities say it was caused by highly explosive materials at the port, but didn’t say whether it was an accident … Read more Beirut Explosion: Aerial Video Reveals Full Extent of Damage
A massive explosion ripped through central Beirut, injuring thousands of people and blowing out windows in buildings across the city. The blast near the port in the Lebanese capital sent up a huge mushroom cloud-shaped shockwave, flipping cars and damaging distant buildings. It was felt as far as Cyprus, hundreds of miles away. At least … Read more Video shows huge explosion rocking central Beirut
Protests against economic turmoil, arrests and human-rights abuses in Zimbabwe have moved online with a hashtag that’s plays on the #BlackLivesMatter movement. The #ZimbabweanLivesMatter tag started after security forces blocked a street demonstration last week. It draws on the success of the global movement highlighting racial injustice that gained prominence after the death in May … Read more #ZimbabweanLivesMatter: Crackdown on Dissent in Zimbabwe Prompts Online Protests
Trading has resumed on Zimbabwe’s stock market, after it was halted in June to help stabilise the nation’s currency. But people there are facing their worst financial crisis in more than a decade and tensions are rising as the economy worsens. Al Jazeera’s Haru Mutasa has more from Harare. – Subscribe to our channel: http://aje.io/AJSubscribe … Read more Zimbabwe stock market trading resumes after halting in June
In this episode of the Keiser Report, Max and Stacy discuss the way that monetary policy looks to an outsider watching the derangement of the rate setters who are seemingly on a suicide mission for the global fiat currency grid. They also look at the meltdown in the mall REITs, as the pandemic puts an … Read more Keiser Report | Portable Nuclear Monetary Policy | E1574