March – Week 2

These news updates are intended to provide an overview of daily news from media sources. To get our daily analysis and intel updates on financial and geopolitical events, you can subscribe to our premium podcast series.


12th March 2017:

  1. Preet Bharara said that he was fired after refusing an order to submit the resignation
  2. The European Union has put on hold some of the EU integration funding for Turkey
  3. Dutch police used force to disperse protesters at Turkish consulate in Rotterdam
  4. The Turkish Family and Social Affairs Minister has been declared an “undesirable alien” and detained by Dutch authorities for deportation to Germany
  5. Chairman of the parliamentary foreign affairs select committee Crispin Blunt has claimed that the government of the United Kingdom should be prepared for the possibility that no Brexit deal will be reached
  6. Theresa May intends asking the European Union to hand back £9bn of the UK funds held by the European Investment Bank
  7. US investigators looking for those responsible for the recent WikiLeaks release of Central Intelligence Agency (CIA) secret files suspect a small number of CIA contractors are behind the leak
  8. Turkey’s Social Affairs Minister Fatma Betul Sayan Kaya, who was denied entry to a Turkish consulate in the Netherlands before being deported from the country, has flown out back to Turkey
  9. The UK government plans to hold a cybersecurity summit to address what is perceived as a threat of Russian hacking
  10. The Netherlands will “pay the price” for a decision to ban Turkish Family and Social Affairs Minister Fatma Betul Sayan Kaya from entering the Turkish consulate in Rotterdam, Turkish President Recep Tayyip Erdogan said
  11. The leader of the Turkish main opposition Republican People’s Party, called on Sunday to suspend the relations with the Netherlands amid the Dutch authorities’ decision to ban Fatma Betul Sayan Kaya from entering the Turkish consulate in Rotterdam.
  12. Saudi Arabia’s Shoura (Consultative) Council is preparing a program to deport five million illegal migrants – about 20 percent of all those living in the Gulf kingdom
  13. US President Donald Trump has to provide evidence that his predecessor Barack Obama ordered to wiretap his phones, US Senator John McCain said
  14. Turkish President Recep Tayyip Erdogan has accused Western countries of delivering arms to terrorists in the Middle East, with his accusations following recent bans on Turkish ministers by the Netherlands and Germany
  15. Danish Prime Minister Lars Lokke Rasmussen has proposed postponing Turkish Prime Minister Binali Yildirim’s planned visit to Denmark this month in light of a diplomatic row between Turkey and the Netherlands



11th March 2017:

  1. Former US President Barack Obama’s half-brother Malik posted on his Twitter account what appears to be a falsified copy of Obama’s birth certificate
  2. UEFA has allocated one million euros (about $1.07 million) to the Crimean Football Union
  3. The organizers of the trade blockade in eastern Ukraine have threatened to block all coal imports from Russia
  4. China has come up with an idea of inviting some developing countries under the banner of BRICS Plus in future BRICS meetings.
  5. The Ukrtransgaz gas transport system operator said that Ukraine has stopped tapping on its gas reserves and has started to replenish them
  6. According to a ferry service operator, ferry traffic between Crimea and Turkey has been suspended by Ankara for two weeks
  7. China has revealed a recent plan by a city-level institute to divert water from Siberia hundreds of kilometers south to Lanzhou, the capital of Northwest China’s Gansu Province.
  8. President Assad has said that China can take part in reconstruction work in every sector of Syria’s economy when the country starts a comprehensive rebuilding program after its six-year conflict ends
  9. Influential US Senator John McCain, known as one of the main anti-Russia figures in Washington, has approved the arrest of State Fiscal Service of Ukraine chief Roman Nasirov
  10. Former CIA Deputy Director Mike Morell says the recent CIA “Vault 7” leak was absolutely an inside job



10th March 2017:

  1. China’s Central Bank head has said that Beijing would pursue a tight monetary policy in 2017, and urged the finance sector to facilitate the reduction of the country’s excessive production capacity to tackle oversupply in key industries
  2. China-US Interest Rate gap has had little effect on the currency rate according  to the Chinese Central Bank
  3. Syria’s Foreign Ministry has sent complaints to the UN Secretary-General and UN Security Council President over the Turkish army’s continuing “aggression” against its nations
  4. A corporate Turkish Sikorsky S-76 utility helicopter crashed onto a road in Istanbul after hitting a tower, killing five of its seven passengers
  5. Germany’s decision to deny entry to two Russian lawmakers is counterproductive and will influence bilateral relations, Russian Foreign Ministry spokeswoman Maria Zakharova said
  6. A chemical disaster may take place if the military conflict in the industry-rich Donbass region continues, a UN expert has warned
  7. France’s anti-corruption body, in response to the inquiry into Emmanuel Macron’s financial affairs, has refused to provide any details on allegations the presidential hopeful owned undeclared assets, citing a law on transparency in public life
  8. British Prime Minister Theresa May has appointed the first Investigatory Powers Commissioner to oversee the so-called Snoopers’ Charter, which human rights groups say hands excessive power to the authorities for mass surveillance and which is facing a legal challenge
  9. Lukoil and PetroChina Board of Directors Member Richard Matzke says that British Petroleum, Total and ExxonMobil as well as service companies will receive the most benefits from lifting energy-related sanctions against Russia



9th March 2017:

  1. Evo Morales has approved a law, legalizing growing coca on 20,000 hectares of land.
  2. Burkina Faso’s cotton industry has settled a dispute with American agrochemical and biotech giant Monsanto. The West African country claimed that Monsanto’s genetically-modified cotton caused losses in revenue to the nation’s cotton industry
  3. A group of Democrats in the US Congress have requested that the White House disclose details of President Donald Trump’s son-in-law and senior adviser Jared Kushner’s assets and his compliance with conflict of interest rules
  4. India has volunteered to forgo veto power for new members for the time-being to speed up UN Security Council reform process. New Delhi’s bid to get a permanent UNSC seat at the UNSC has been opposed by China and Pakistan
  5. Beijing has struck back with a devastating report on the human rights situation in the United States in response to Washington’s claims of human rights violations in China.
  6. Former Utah governor and Obama-era ambassador to China Jon Huntsman has accepted Donald Trump’s offer to serve as the next US ambassador to Russia. The move may come as a surprise to those who remember Trump’s very public quarrel with Huntsman when the former governor was running for president in 2012
  7. In 74 main cities of China the average concentration of PM2.5 harmful particles for the year is 30.6% less than compared with the figures of 2013, according to the Chinese Environmental Protection Minister Chen Jining
  8. Russian President Vladimir Putin has approved the State Duma’s [lower house of Russia’s parliament] initiative to criminalize the inducement to suicide on the Internet
  9. Moldova’s President Igor Dodon has opposed recommendations by the Cabinet restricting travel to Russia by Moldovan officials and will continue strengthening ties with Moscow
  10. UK Prime Minister Theresa May and Irish Taoiseach (prime minister) Enda Kenny are meeting to discuss a way through the political breakdown that has paralyzed the Northern Ireland executive for weeks and could end in direct rule from London
  11. Turkish prosecutors are investigating the possibility that assassin Mevlut Altintas was also planning an attack on the US ambassador to Turkey, after he searched for information about John Bass prior to the murder
  12. Prices for import fuel in the United States fell 0.7 percent in February, the first downturn since a 1.1-percent drop in November and the second monthly decline since the index fell in August, according to the Bureau of Labour Statistics
  13. Benjamin Netanyahu asked Vladimir Putin to assist Israel in rescuing two Israeli civilians held by the Palestinian Hamas organization and the bodies of two soldiers
  14. CENTCOM Commander Gen. Joseph Votel claims that the amount of propaganda spread by Daesh has decreased by two thirds compared to a year ago



8th March 2017:

  1. James Mattis claims that the US government remains committed to preserving Tel Aviv’s military supremacy over its neighbours.
  2. The authorities of the US state of Hawaii are going to file a lawsuit against the new travel ban imposed by the administration of President Donald Trump.
  3. The Dutch far-right Party for Freedom (PVV) has reportedly received funding from US individuals and non-governmental organizations (NGOs)
  4. Ewwas Eli, a member of the Syrian Kurdish Democratic Union Party (PYD) has confirmed that Turkey has cut off water supplies into northern Syria as a means of applying political pressure on the country.
  5. French ambassador to Japan, said he would not serve French diplomacy if Marine Le Pen won the presidential election
  6. Russian energy giant Gazprom will hold a US dollar denominated Eurobond roadshow in the United States, a banking source has said
  7. The Nord Stream 2 project’s financial director hopes for funding “from a pool of banks”
  8. The South Korean company Samsung has begun studying reports that the CIA could have used smart TVs for surveillance, according to the company’s press service
  9. The Czech Republic Interior Minister Milan Chovanec has rejected Austria’s proposal to punish EU members who refuse to take in refugees with subsidy cuts, calling it divisive
  10. A federal criminal investigation is being opened into WikiLeaks’ publication of documents detailing alleged CIA hacking operations
  11. Israeli lawmakers on Wednesday gave an preliminary approval to a law limiting the use of loudspeakers by mosques
  12. The Georgian nationals will be allowed to visit countries in the European Union for a period of up to 90 days in any 180-day period without a visa starting from March 28, the Georgian Foreign Ministry said in a statement



7th March 2017:

  1. Milorad Dodik claims that Bosnia’s Serb-dominated federal region of Republika Srpska is under EU pressure to introduce sanctions against Russia
  2. It has been 2,540 days since US President Barack Obama signed the sweeping healthcare reform law called the Affordable Care Act. Republicans are due to release their long-awaited and highly anticipated new healthcare legislation
  3. Four legal memoranda detailing shortcomings in the Army Corps of Engineer’s review of the controversial Dakota Access Pipeline were quietly removed from the Department of Interior’s website as US President Donald Trump, then newly inaugurated, fast-tracked the pipeline’s completion
  4. India’s National Pharmaceutical Pricing Authority (NPPA) has announced major price cuts for certain cancer drugs, up to 86% in some cases. This is the latest in a series of government price cuts that has reduced the costs of around 1,450 drugs since late 2016.
  5. In February, a complaint against French presidential hopeful Emmanuel Macron was filed to the High Authority for transparency in public life, a French anti-corruption body said
  6. Malaysian police foiled an attack on Saudi King Salman during his visit to Kuala Lumpur that took place last week, local police chief Khalid Abu Bakar said
  7. The Council of the EU has adopted a regulation of the Schengen Borders Code (SBC), the Council’s press service said in a statement
  8. Wikileaks has announced the start of a new series of leaks on the US Central Intelligence Agency (CIA). The leaks are code-named “Vault 7.”
  9. The meeting, proposed by French ex-president Nicolas Sarkozy to his party’s presidential nominee Francois Fillon and former candidate Alain Juppe, has been called off, sources close to Sarkozy have said
  10. The Israeli Knesset has given final approval to a bill forbidding entry visas and/or residency rights to foreign nationals who call for economic, cultural or academic boycotts of either Israel or its settlement expansion activities
  11. US President Donald Trump accused former President Barack Obama’s administration of making a terrible decision to release 122 detainees from the Guantanamo Bay detention center who later returned to fighting for terror groups
  12. The Libyan parliament situated in the country’s eastern city of Tobruk has voted to withdraw from a unity government agreement
  13. China’s Zhongxing Telecommunications Equipment Corporation (ZTE) has agreed to pay more than $100 million to settle allegations it violated US sanctions against Iran, the US Treasury Department Office of Foreign Assets Control (OFAC) said
  14. Ukraine failed to support its allegations that Russia discriminates Crimean Tatars with evidence, a deputy director of the Russian Foreign Ministry’s Department for Humanitarian Cooperation and Human Rights said
  15. The National Bank of Ukraine stated that it may initiate sanctions against the subsidiary of Russia’s Sberbank in the country if the Russian leading bank starts providing services for holders of passports of self-proclaimed Donetsk and Lugansk people’s republics in eastern Ukraine
  16. French presidential candidate Francois Fillon faces fresh accusations of fraud for allegedly hiding a large loan from a transparency authority
  17. An IT engineer employed by the Washington Post was arrested last month for allegedly impersonating an Immigration and Customs Enforcement officer, and trying to enforce laws



6th March 2017:

  1. Iraqi Federal Police have captured the cousin of Abu Bakr al-Baghdadi, leader of the Daesh terrorist group
  2. US President Donald Trump has ordered the Pentagon to intensify the campaign against the terrorist group Al Qaeda in the Arabian Peninsula (AQAP) in Yemen
  3. Russian Commissioner for Human Rights Tatyana Moskalkova announced she had an informal meeting with Ukrainian Ombudsman Valeria Lutkovskaya to discuss the transfer of Ukrainian prisoners from Crimea
  4. Turkish Foreign Minister Mevlut Cavusoglu held a phone conversation with his German counterpart Sigmar Gabriel amid tensions over banning Ankara’s campaign rallies in Germany
  5. US President Donald Trump is right to believe that surveillance on Trump Tower took place but not correct in saying that his predecessor Barack Obama ordered a wiretapping, former US Attorney General Michael Mukasey said
  6. Kiev is using Ukrainian radicals for an economic blockade in Donbass in an attempt to receive foreign financial assistance, according to Russian senator from Crimea Sergei Tsekov
  7. The UK opposes the EU-NATO possible creation of different institutions with similar functions and responsibilities, UK Defense Secretary Michael Fallon said
  8. China is discussing with the United States the prospects of a visit of US Secretary of State Rex Tillerson to China, Foreign Ministry Spokesperson Geng Shuang said
  9. Former French Prime Minister Alain Juppe said Monday he would not run for president in the upcoming election instead of Francois Fillon, as a candidate from The Republicans party
  10. International flights from the Syrian city of Aleppo to Egypt’s Cairo are expected to resume in the near future after a four-year halt
  11. Former French President Nicolas Sarkozy suggested Monday that former Prime Minister Alain Juppe and The Republicans nominee Francois Fillon should meet to discuss the possible solution to the crisis situation the party is facing due to the scandal with Fillon’s wife’s fake employment.
  12. The WikiLeaks website believes that the possible wiretapping on US President Donald Trump during last year’s presidential campaign by his predecessor Barack Obama may be true as the WikiLeaks’s staff has allegedly been spied on by the preceding administration
  13. Donald Tusk could well become the first European Council (EC) president to be re-elected to the post against the will of his own country’s government
  14. Germany’s armed forces depots are almost empty. The Bundeswehr has ordered new ammunition to fill their rapidly shrinking reserves
  15. US European Command’s Curtis Scaparrotti has become the nation’s first military chief to come to Israel after Donald Trump’s inauguration, in a show of unity between the two militaries, the Israeli army said
  16. The Federal Bureau of Investigation (FBI) is presently conducting terrorism investigations involving 300 people who entered the United States as refugees, a Department of Homeland Security (DHS) senior official told reporters
  17. The Pentagon’s official tally of civilian casualties in Iraq and Syria appears to be massively underreported, as it is far below the estimates by NGOs keeping track of such statistics in the region
  18. Israel has decriminalized recreational marijuana use, and will study regulations to perhaps begin a legal cannabis industry