Turkey in 2nd Currency Crisis in 2 Years. Lira Hits Record Low
Foreign investors are fleeing, worried about surging inflation, deeply negative real interest rates, and a central bank unwilling to crack down on inflation.
Foreign investors are fleeing, worried about surging inflation, deeply negative real interest rates, and a central bank unwilling to crack down on inflation.
“No one seems worried about the falling dollar. That’s likely to remain the case until the fall becomes a crash, which I don’t think will begin until the Dollar Index breaks 80…
“Today, the State Department is identifying 22 specific materials used in connection with Iran’s nuclear, military, or ballistic missile programs.
The former VP gutted American coal while in office, while the 2020 campaign trail slogan “getting rid of fossil fuels” and telling coal miners to “learn to code.”
DM Benny Gantz orders IDF to prepare to destroy Lebanese infrastructure in case of Hezbollah attack on Israel.
The Federal Reserve left interest rates near zero and vowed to use all its tools to support the recovery…