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Spanish Crisis Returns: Separatists Win Catalan Election In Huge Blow To Rajoy

Despite growing expectations that Catalan separatist fervor had abated in the aftermath of the post-independence fiasco, consensus was once again set for disappointment and on Thursday night, Spain was thrown back into chaos after the three Catalan separatist parties, Junts per Catalunya, Republican Catalan Left and the CUP, held on to a small but critical […]


Russia’s Alleged Meddling In Catalan Vote: Playing The Blame Game

Authored by Alex Gorka via The Strategic Culture Foundation, Few people are able to recognize their own mistakes. Many prefer to deny the truth becoming willfully oblivious to obvious facts. Why assume responsibility if there is such a thing as blame shifting – a true-and-tried method to get away with it? Pointing a finger at […]


Spanish Government Blames Russian “Dezinformatsiya” Campaign For Catalan Uprising

No, not The Onion… In what is perhaps the least surprising tactic from the Spanish establishment, a government-backed research institute in Madrid has stated that Spain’s struggle to quash separatism in its Catalonia region was disrupted by Russian hackers agitating for a break-up, in a hallmark propaganda effort to fracture Europe. As Bloomberg reports, the […]


Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs

Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about “sudden, complex, hidden, contagious, hazardous” risks In markets and a decline in local real estate prices, and pressure global risk, US equity […]


Why The Catalan Independence Movement Is Failing

Via GEFIRA, The Catalan fight for independence is not how conflicts are fought throughout history, let alone how they are won. Some movements for national independence have succeeded in history, others have not. Presently, it seems that the Catalan bid is destined to fail. Maybe in the future Catalans will change their strategy and achieve […]


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, […]


Spain Order Jailing Of Catalan Leaders: ‘What Happens Next’ To Puigdemont?

The Spanish public prosecutor on Thursday ordered the country's High Court that the Catalonian secessionist leaders be jailed. An arrest warrant be issued for ousted Catalan president Carles Puigdemont and eight members of his former government.  Investigative magistrate Carmen Lamela issued the ruling on Thursday at the request of prosecutors who are pursuing a criminal […]


World Stocks Soar To New Record Highs As Oil, Metals Surge Ahead Of The Fed

US equity futures have hit a new records, helped by surging Asian and European stocks which have all started November on a euphoric note. Surging commodity prices, optimism about tax reform and hope for a new dovish Fed chair all combined to drive global stock markets to record highs on Wednesday, with the MSCI’s world […]


Puigdemont Claims He’s Legitimate President Of Catalonia, Not Seeking Belgian Asylum

Having fled to Brussels to escape rebellion charges and perhaps a lengthy prison sentence, Catalan (ex?) leader Carles Puigdemont, who quietly fled Catalonia over the past few days, held a press conference at the Brussels Press Club. Puigdemont said that the Catalan government sees the upcoming regional elections, called after the imposition of Article 155, […]


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 […]


S&P Futures Slide After Chinese Stock And Bond Rout; Spain Rebounds, Dollar Drops

U.S. futures slid 0.2% as investors await a barrage of announcements including Wednesday’s Fed decision, Friday’s jobs report and, most importantly Trump’s imminent announcement of who the next Fed chairman will be, although after the latest trial balloons, Jay Powell is now largely priced in. Asian equities edged modestly higher despite a tumble in Chinese […]


Catalan Leader Urges “Peaceful” Rebellion As Spain Takes Over Government

Update (0920ET): A Spanish government spokesman has responded to Puigdemont's address, saying that "Spain will not comment on comments by Puigdemont who is out of a job." *  *  * As we detailed earlier, in a pre-record message this morning, Catalan separtist leader Carles Puigdemont urged Catalans to peacefully oppose Spain's formal takeover of the […]


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 […]


Catalan Leaders Face 30 Years In Jail As Spain Brings “Rebellion” Charges

Earlier in the week, The Express reported that Spain's 'attorney general' gave a blunt message that if he declares independence for Catalonia he will be charged with “rebellion” and could face 30 years in prison, to the President of the north east region and said he would call on the Catalan police – Mossos d’Esquadra […]