Bank Runs in Turkey
July 15, 2016COMMENT: Hi Marty, I am in line with folks emptying ATMs in Turkey during a military coup attempt. I can keep you updated. CI REPLY: Human Nature is the same all over the world
All posts in " Middle East "
Military Coup Unfolding in Turkey
July 15, 2016There is a military coup attempt to seize power from Erdogan, who may be the most unpopular head of state ever to hold office. Low flying jets and gunfire have been taking place in Ankara and bridges across Bosphorus in Istanbul are closed. We are hearing reports from clients there in Turkey.
Obama breaks with Saudi Arabia
May 30, 2016Tension continue to build between the USA and Saudi Arabia. Besides allowing the Saudi’s to be sued in US courts over 911, the USA is cutting off providing cluster bombs to Saudi Arabia. The reason given purports this is due to reports of hundreds of civilian casualties in Yemen. In fact, the USA is no longer in […]
Trouble in Saudi Arabia
May 11, 2016Political instability is rising in Saudi Arabia. The Saudi king has fired his longtime Secretary of Energy and the head of the central bank has been replaced. The royal family is now fighting to sustain power. The fall in the price of oil is having a political impact within the power structure of Saudi Arabia. Eventually, […]
Saudi Arabia on the Ropes?
May 1, 2016There is serious trouble brewing in Saudi Arabia. They have been dumping oil and increasing their output by 3.5%. However, the cash is being kept offshore. Rumors have been in flight that members of the royal family may be creating a stash just in case there is major civil unrest that forces them to flee into […]
United Arab Emirates to Introduce 5% VAT Thanks to IMF
February 26, 2016The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to […]
War Games Always Go Bad
January 6, 20161952 CIA Document to Create Nationalism in Afghanistan QUESTION: Mr. Armstrong; I read with great interest your insight into another motive behind the illogical attempt to overthrow Syria with respect to Genie. Do you agree that ISIS has been initiated by … →
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