There has been intense activity on the Turkish border for the past two days. New missiles and artillery have been stationed on the border.A large number of military convoys carrying missile fuses and artillery out from Ankara have reached the Syrian border province of Kilis. Special Forces Commander Major General Intelligence Aksakallı received information on a last minute check yesterday.
And while many of us are still preoccupied with the post-crisis recovery, the Bank for International Settlements (BIS) – an international organization of 60 central banks – says that its member organizations could already be laying the groundwork for the next crisis.
On Sunday, the BIS released it’s 85th annual report, warning that political systems are encouraging policies that buy ‘short-term gain at the cost of risking long-term pain.’
China's stock market plunge casts a lengthening shadow over global markets ~ link ~ Similar to 2008, only this time it is worse!!! Stirling
Global stock exchanges appear to have weathered the initial shock wave from the powerful “no” vote in the Greek referendum, largely in the belief that the Syriza-led government is even more anxious to secure an agreement with the European Union and the International Monetary Fund to impose austerity.
At the same time, however, the financial markets could soon be hit by the ongoing meltdown of Chinese share prices.