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The pen is mightier than the sword - A picture is worth a thousand words
As the United States marks Independence Day, Donald Trump is making headway in the presidential race with his slogan, "Make America Great Again". It implies greatness existed in the past, but not anymore.
Al Jazeera's Rob Reynolds reports from Philadelphia.
Venezuela's state oil company says its revenues have fallen by forty-one percent in the past year. It follows a steep drop in global oil prices that has contributed to an economic crisis in the South American nation. The country's recession and triple-digit inflation has caused concern it may not be able to honour its large debts.
Turkey's president has hinted that Syrian refugees in the country could be offered citizenship.
Recep Tayyip Erdogan has been speaking at a dinner breaking the Ramadan fast in the border city of Kilis, where the number of refugees is higher than the local Turkish population.
"I would say to my brothers coming from Syria that we see you as our brothers and sisters," Erdogan told the crowd.
The
EUR/USD pair had a fairly volatile day on Friday, but did end up
forming a positive candle. At the moment, we are testing the bottom of
an uptrend line that had previously been very important. Because of
this, we could get a little bit of resistance but at this point in time I
think the one thing you can count on more than anything else in this
pair: volatility. I do not like buying the Euro at this point, I think
there are far too many reasons the think that there could be trouble
down the road, so I’m waiting to see whether or not we get an exhaustive
candle. We do, I will not hesitate to sell this pair. It makes quite a
bit of sense that the US dollar will strengthen over the longer term,
because quite frankly the only real concern with the US dollar is that
there will be any interest-rate hikes soon.
Ebbw Vale, left devastated when the steelworks closed, has had more European money poured into it than perhaps any other small town in Britain. And yet this town voted 'out'.
