Rumors that Greece is making a deal turns out to be false. Depositors in Greece remove more money from the banks. Venezuela and Russia make an economic free zone. IMF gives the green light for the Yuan, it is now ready to become a reserve currency. More states join in to stop the President’s immigration executive order. Senate unlikely to push for the renewal of the Patriot Act, even though the President is pushing for a renewal. Macedonia ready to join the Turkish-Russian pipeline. By the end of 2015 the US will provide Ukraine with a 3 billion dollar loan guarantee. NATO placing permanent troops and military assets in Eastern Europe. US and coalition forces are preparing an event to take out Assad.
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Current News – 05.27.2015
- Rumors today about a Greek deal almost completed but it seems that it was just that rumors.
- JPMorgan warns “hope is not an investment case. The longer we go without a deal, the less likely we believe a deal becomes/the higher the chance of Grexit.”