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Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira
Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira
Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war.
The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled...
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Israeli Authorities Refuse to Return Massive Trove of Oct 7 Video. What are They Hiding?
The Israeli government is still holding a massive trove of video documentation of the Oct. 7 attack captured by individuals and communities caught up in the fighting. One bereaved parent even accuses Israeli authorities of deleting a video of her son’s last moments before returning his phone to her. According to Israel’s Channel 13, “all the […]
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Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade
Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade
The Keir Starmer experiment is officially over, as was growing increasingly clear over the weekend, especially with an interestingly-timed Trump Truth Social statement. Just under two years after capturing the keys to Number 10, the British Prime Minister has thrown in the towel after succumbing to an internal party mutiny following days of intense, closed-door speculation regarding his political survival.
Stepping up to the lectern outside Downing Street on Monday morning, a visibly defeated Starmer delivered the inevitable...
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Mar 14, 2026 / Tyler Durden
Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
Authored by Felicity Bradstock via OilPrice.com,
Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases.
Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations.
Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks.
As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...
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