Russian Troops Aid Arrive In Venezuela After Delivering ‘Red Line’ Warning to Trump

Just days after a high-level meeting in Rome this week, during which Russia reiterated a grave warning to the US – Moscow will not tolerate American military intervention to topple the Venezuelan government with whom it is allied – it appears Russia is taking no chances with its South American ally.
See Also: (Dahboo77) – Turkey Is Next! Erdogan Blames JPMorgan for Crashing Lira, Threatens Manipulators

On Friday, when the Turkish lira suddenly cracked, and suffered its biggest one-day drop since last summer’s crisis as public attention turned to the sudden plunge in the nation’s reserves and the bank’s unexpected 150bps equivalent tightening in policy, JPMorgan FX strategists poured gasoline on the fire when – as the lira was sliding – they published a note recommending a 5.90 target on the USDTRY.