Silver as an investment

Category Archives: Spanish government

Preparing For EU Collapse

Authored by Raul Ilargi Meijer via The Automatic Earth blog, If there is one thing the Spain vs Catalonia conflict reminds us of, it has got to be Turkey. And that is a much bigger problem for the EU than it realizes. First of all, Brussels can no longer insist that this is an internal, […]

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]

Europe Will Reap What Spain Has Sown

Authored by Wayne Madsen via The Strategic Culture Foundation, The Spanish government decided to reach back into its history and borrow from the playbook of longtime Spanish fascist dictator Francisco Franco in dealing with Catalonia’s decision to declare independence from the Spanish Kingdom as the Republic of Catalonia. The Catalan government’s decision to declare independence […]

Spain PM Fires Catalan Government, Calls Snap Elections In Retaliation For Independence Vote

Update 4: In a live TV address to the nation, Spain's PM Rajoy just announced that it is a "sad day" in which Catalans showed "contempt" for democracy, and ignored the general interest; that the Catalan declaration is unacceptable to majority of Catalans, and that, as a result and as expected, he is firing Catalan […]

Spain Showdown: Catalan Parliament To Decide On Independence Tomorrow, Chaos To Follow

A dramatic rollercoaster of a day for Catalonia and Spain is ending ominously, with the Catalan president Puigdemont announcing that he would let the region’s parliament decide the fate of the Catalan declaration of independence from Spain, capping off a day of furious reversals. The announcement follows a dramatic reversal from the Catalan leader who […]

Catalan Government Said To Back Off Independence Push, Will Seek Elections; Spanish Stocks Soar, Yields Tumble

Yesterday Catalonia’s government was preparing to declare independence, as we discussed. Just hours after Puigdemont snubbed Madrid, canceling his visit to The Senate to discuss their imposition of Article 155, Catalan Deputy First Minister Oriol Junqueras told AP that the Spanish government had left Catalonia “no other option” but to proclaim a new republic. Mr. […]

Catalan Separatist Leader: “Spain Leaves No Option But To Proclaim New Republic”

Update: Just hours after Puigdemont snubbed Madrid, canceling his visit to The Senate to discuss their imposition of Article 155, Catalan Deputy First Minister Oriol Junqueras told AP that the Spanish government had left Catalonia “no other option” but to proclaim a new republic. Mr. Junqueras told the AP he was commenting as leader of […]

“It’s A Coup”: Catalan President Slams “Worst Attack” By Spain “Since Franco Dictatorship”

Update: The defiant Catalan leader, Carles Puigdemont, addressed Catalans, Spaniards, and the rest of Europe on TV saying that the Spanish states' imposition of Article 155 means "liquidation of our self-government and cancellation of the democratic will of Catalans".  In other words, he made it quite clear that the region's leaders would not accept direct […]

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Europe’s Secession Problems Aren’t Going Away

Authored by Ryan McMaken via The Mises Institute, Earlier this week, The New York Times noted that movements for greater local autonomy appear to be spreading throughout Europe. In some ways, the conflict in Catalonia is just the tip of the iceberg. The Times reports:  Coming on the heels of the Catalan vote, the Lombardy […]