Euro Markets in Turmoil

A sharp decline in Spain’s IBEX 35 highlights market reactions towards Catalonia’s latest move to declare independence from Spain. The index has fallen as low  2.1 percent and euro zone banking shares have fallen as much as 1.8 percent. However things slightly improved as the Spanish Prime Minister, promised to restore “the rule of law” […]

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Turkey, a Key American Ally, Takes a Step Towards an Islamist Dictatorship

A constitutional referendum was held throughout Turkey on 16 April 2017, on whether to approve 18 proposed amendments to the Turkish constitution that were brought forward by the governing Justice and Development Party and the Nationalist Movement Party. Now that the Turkish president Erdogan claimed victory, the office of the Prime Minister is expected to […]

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