Latest IFOP poll for lower-house snap election in France
This shows far-right way ahead (36% in blue) ahead of far left coalition (28.5% in red) while incumbent Macron's center-right party comes 3rd (21% in orange). It seems that far-right will at least win relative majority
No reasons to worry at all... Just bros living in the moment...
More seriously remember what the East-West divide and the new world order (as defined by Zoltan) are all about: Wars are about alliances: the enemy of your enemy becomes your friend... After the BRICS, should we focus instead on Turkey, Russia, Iran, China, and North Korea playing “TRICKs” – an alliance of economies sanctioned by the U.S. getting ever closer economically and militarily?
France’s National Rally continued to cement its lead in opinion polls a week before the country’s snap parliamentary election, largely at the expense of President Emmanuel Macron’s centrist bloc.
Support for Marine Le Pen’s far-right party was pegged at 36% in a survey by Elabe published Sunday in La Tribune Dimanche. That’s ahead of 27% for the left-wing New Popular Front alliance, and just 20% for Macron’s movement. Source: Bloomberg
Moscow to Mumbai.💥
The INSTC corridor is making progress every day. The International North–South Transport Corridor (INSTC) is a 7,200-km (4500 mile) long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali, etc. Russia-Iran-India corridor is a game-changer that involves many countries and different modes of transportation. And quite a logistical and geopolitical accomplishment! Source: S.L Khantan
Prediction markets imply markedly higher odds of a Trump presidency than a Biden presidency ahead of next week's first presidential debate
w/the probability of a Republication sweep (42%) almost twice the odds of a Democratic sweep (22%). Source: GS thru HolgerZ
History shows an average 25% increase in volatility from July-Nov of election years...
Mike Zaccardi, CFA, CMT, BofA
What would a far-right or left-wing government mean for France’s economy?
Source: FT
s de-dollarisation (or at least attempts of de-dollarisation) accelerating?
=> Saudi Arabia ditches US dollar and will NOT renew the 50 year 'petro-dollar' agreement with the United States. Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. => Russia's Moscow Stock Exchange suspends all trading in $USD & $EUR => El Salvador securities market launching on liquid with trading pairs in Bitcoin Source: radar, Global Times
