Day: November 26, 2015

How is this not World War III?

Source. CNN (CNN)Turkish forces shot down a Russian plane near the Turkish-Syrian border on Tuesday, dangerously escalating a conflict that is expanding ever more rapidly and unpredictably. Take a step back and look at what Syria’s war has wrought: Only days after the Paris attacks — one of the worst […]

Europe’s New Worry: Portugal

Source.The Financialist. In July, six months after Greece elected a left-wing, anti-austerity government, the country came perilously close to leaving the euro. So it’s easy to understand why markets are nervous at the prospect of Portugal, a poster child for European austerity, replacing its reform-friendly, center-right government with a left-wing, […]