The FTSE 100 overcame resistance at its December 1999 high of 6950, closing the week above 7000 for the first time. Expect retracement to test the new support level, but breakout signals a primary advance with a long-term target of 8000*. 69 more words
Tags » UK & Europe
“Why do our “best and brightest” fail when faced with a man like Putin?” Ralph Peters asks. “Or with charismatic fanatics? Or Iranian negotiators? Why do they misread our enemies so consistently, from Hitler and Stalin to Abu Bakr al-Baghdadi, the Islamic State’s self-proclaimed caliph?” 203 more words
Excellent analysis of the situation in Eastern Europe by Bill Browder, founder of London-based Hermitage Capital Management:
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I’m afraid that, based on the reasons behind Putin’s motivations for invading Ukraine in the first place, there is no chance that he will back down.