Tag Archives: Turkey

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. “Radical imams always preached in the An-Nur Mosque… Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad.” — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who...

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. “Radical imams always preached in the An-Nur Mosque… Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad.” — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who...

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. "Radical imams always preached in the An-Nur Mosque... Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad." — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who claim that Islamic terrorism is reserved for those...

Switzerland’s Gold Exports To China Surge To 158 Tonnes In December Switzerland’s gold bullion exports to China saw a huge jump in December, climbing to 158 tons versus a much lower 30.6 tons in November –  a jump of 416%. According to Eddie van der Walt as reported on the Bloomberg terminal this morning, total Swiss gold exports surged to 287.6 tons in December (valued at CHF 10.8b) according to data on the website of...

In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto. After all, no matter where in the world you buy one, a Big Mac...

Just when it seemed that no more lawsuits are possible for Germany's largest lender, which over the past two years has settled or otherwise paid billions to set aside a barrage of allegations of wrongdoing leading to the bank's suspension of bonuses for most senior bankers, today we learn that Deutsche Bank was sued by a Jewish charitable trust in Florida, alleging that the bank wrongly withheld as much as $3 billion from the heirs to a wealthy German family. According to Bloomberg, the...

For over four decades, many of the planet’s biggest trouble makers and assholes have met each year in Davos, Switzerland, for the World Economic Forum with the humble mission of, “Improving the state of the world.” Each year since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium in Jackson Hole on an important issue facing the world’s bankers and their pet politicians and government bureaucrats....

While most of the world is enjoying it last day off from the 2017 holiday transition, with Asia’s major markets closed for the New Year holiday, along with Britain and Switzerland in Europe and the US and Canada across the Atlantic, European stocks climbed to their highest levels in over a year on Monday after the Markit PMI survey showed manufacturing production in the Eurozone rose to the highest level since April...

Trump wins Electoral College vote; a few electors break ranks (Reuters) European Stocks Head for a One-Year High (BBG) Japan's Central Bank Keeps Policy Unchanged, Upgrades Economic Outlook (BBG) Russia and Turkey vow to keep detente on track after murder (FT) The Political Implications of Events in Ankara and Berlin (BBG) Trump condemns Berlin attack, says things 'only getting worse' (Reuters) Merkel: "No Doubt Berlin Crash Was a Terror Attack" (BBG) Gunman in Zurich mosque shooting is dead...

It appears nothing can stop the upward moment of equities heading into the year end, and as has been the case for the past few weeks, US traders walk in with futures higher, propelled by European stocks which climbed to their highest in almost a year, while the dollar rose and bonds and gold fell, failing again to respond to a series of geopolitical shocks following terrorist attacks in Ankara, Berlin and Zurich. The yen tumbled after the Bank of Japan maintained its stimulus plan even as the...