Blog/Middle East

USBonds

Sales of US Treasury Bonds Continue to Try to Stem Dollar Rise

China continues to sell US Treasury bonds trying to keep the dollar down to aid the Federal Reserve. Saudi Arabia, however, has been in a different position having [...]

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Turkey Flag

Turkey – Failed Coup – Real or Fake?

QUESTION: Mr. Armstrong; You have been warning that we are in an upward trend now for civil unrest which includes coups to revolutions as distinguished from a [...]

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Turkey Coup Bank Run 7-15-2016

Bank Runs in Turkey

COMMENT: 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 [...]

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Turkey Flag

Military Coup Unfolding in Turkey

There 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 [...]

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Saudi Arabia Flag

Saudi Arabia Banning Short Selling Against the Currency Peg

Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is [...]

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Obama Saudi

Obama breaks with Saudi Arabia

Tension 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 [...]

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Capital-Flows

Growing Shortage of US Dollars & Capital Flows

There have been a some unusual capital flow developments involving Egypt that illustrate a shortage of dollars caused by the decline in oil prices. However, this [...]

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SAUDIA-M 5-9-2016

Trouble in Saudi Arabia

Political 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 [...]

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Obama Saudi

Saudi Arabia on the Ropes?

There 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 [...]

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United Arab Emirates to Introduce 5% VAT Thanks to IMF

The 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 [...]

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