Turkey’s Erdogan hits back at Trump with boycott of US electronics
President Erdogan of Turkey kicks off a full-blown Trump fight with a threat to boycott US electronics, while the lira’s slide spooks investors worldwide. Fred Kaufman gives an overview of the global “Pizza Wars” that you may not have known were being fought. Steve Keen checks in about Australian stocks, while Crown Casinos go to court to keep their views of Sydney Harbor!
Russia responds to US sanctions by selling off US dollars and Treasury bills, while Brussels targets ‘citizenship for sale’ policies in the EU with an eye to cracking down on money laundering. Meanwhile, a US jury’s verdict against Monsanto may open the floodgates for more damages – Sara Montes de Oca explains. Melissa Armo looks at the stock market’s gyrations, and Steve Malzberg looks at the retail sector.
Elsewhere, some US cities are now treating rental scooters as trash, and companies as litterers! There are problems in UK finance regulation, while India’s airlines are struggling. Raghee Horner looks into her crystal ball and tells us what she sees in the future of oil markets, especially Iran!
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