Erdogan Says Turkey Will Freeze Assets Of U.S. Ministers – “If They Have Any”
“We were patient until last night.”
“We were patient until last night.”
Come hell or high sanctions.
Erdogan isn’t going to like this.
Accepting idiosyncratic, country-specific risk is part and parcel of investing in emerging markets, but this has gone well beyond that.
Prepare to be harangued with tales of international conspiracies from newly-minted Sultan Recep Tayyip ErdoÄŸan.Â
Are you trying to make Erdogan lose his mind? Because you’re going to make Erdogan lose his mind.
“Mueller is currently grinding the heel of his wingtip into Paul Manafort and Michael Cohen’s balls, not because he’s trying to flip them, but because he’s just a couple of weeks away from wrapping this whole thing up. Sounds legit!”
“The charges are so grave (essentially implicating the current president of Turkey) that one may say ‘sky is the limit’ as far as the magnitude and scope of potential sanctions go.”
Buckle up, this could be a bumpy ride.
“I recognize the actions were wrong.”
Tech bloodbath forgotten. Never mind the bonds.
If Monday was largely a bore outside of some overnight fireworks in Asia, Tuesday made up for it.
“He said: ‘We don’t want anyone to know the Flynn Intel Group has anything to do with this.’ â€
“That agreement has been terminated, the four people said.”
This is completely out of control.
Ok, well there were some notable headlines to start the week…
Holiday road.
“Under the alleged proposal, Mr. Flynn and his son, Michael Flynn Jr., were to be paid as much as $15 million for delivering Fethullah Gulen to the Turkish government.”
Nobody strike a match.
Tension is running high on Monday…
“Fragile Five” and “an alternative version of monetary policy reality.”
“…when Erdogan met with Biden a year ago, he claimed bizarrely that Preet Bharara was a Gulenist tool.”
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