Lira continues in tumbles (22.05.2019)

Lira continues in tumbles (22.05.2019)

Via Zerohedge, While there wasn't a specific event behind today's mauling of Turkey, which to many investors has become the canary in the emerging markets coalmine, the selling picked up after Turkey said soldiers had been dispatched for training in Russia ahead of the delivery of the S-400 missile-defense system. As Defense Minister Hulusi Akar...
Coal loses its momentum in the global energy markets

Coal loses its momentum in the global energy markets

Gulf Brokers: Coal prices drastically falls down due to its environmental damage and lack of economic significance Cairo – April 11, 2019: A survey conducted by Mahmoud Abo Hadima, Senior analyst at Gulf Brokers, about the future of coal in the global energy markets revealed that coal, which has been the irreplaceable energy source in...
President Donald Trump Dramatically Increased Pressure On China

President Donald Trump Dramatically Increased Pressure On China

President Donald Trump Dramatically Increased Pressure On China on Sunday to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon. The move marked a major escalation in tensions between the world's largest economies and a shift in tone...
Brexit delayed?

Brexit delayed?

Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected divorce deal though parliament, but the request faced immediate resistance from the European Commission. May said Britain remained committed to leaving the European Union “in an orderly manner” and she wanted to postpone Britain’s departure...