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June 28, 2016 | Migration Madness Exposed: Suicide Bombers Strike Istanbul Airport, Dozens Killed

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Terrorist madness continues: Suicide bombers hit the Istanbul, Turkey airport in attacks before blowing themselves up.

The Financial Times reports Suicide Bombers Kill at Least 36 at Istanbul Airport.

A trio of suicide bombers struck Istanbul’s biggest airport on Tuesday killing at least 36 people and wounding many more, Binali Yildirim, Turkey’s prime minister said.

The interior ministry initially said that two explosions took place at the entrance to the international departures terminal at Ataturk international airport at about 9.50pm local time.

Security guards opened fire to try to halt the attackers as they approached a security checkpoint but they blew themselves up, one official said.

No group claimed responsibility for the attack but Mr Yildrim said the initial findings pointed to Isis as the culprits.

The attack is the fourth deadly bombing to hit Istanbul in just six months.

The bombings came little more than 24 hours after Turkey officially announced a rapprochement with Israel, ending a six-year diplomatic freeze after the killing of 10 Turkish activists by Israeli forces as they tried to take a flotilla of aid to Gaza in 2010.

Mr Erdogan also moved to repair ties with his Russian counterpart, Vladimir Putin, on Monday, expressing regret for Turkey’s shooting down of a Russian Su-24 jet in November.

The numbers of Russian tourists, who in past years flocked to Turkey’s Mediterranean coast, have fallen dramatically after a diplomatic row with Russia triggered when Turkey shot down a Russian jet near the border with Syria in November. Official figures released on Tuesday showed a 35 per cent fall year-on-year in visitors last month, with Russians down 92 per cent.

Migration Madness

Please recall that German Chancellor Angela Merkel wants to give 80 million Turks visa free access to the EU.

How smart is that?

Also recall that migration issues fueled the vote for Brexit.

A curious result of the splintering of Europe coupled with fears over terrorists is a move by Turkey to make amends with Russia.

Earlier today French president Francois Hollande insisted that the UK would need to abide by EU migration rules if it works out a Norway-style arrangement for access to the EU.

Hypocritically, Hollande does not want to abide by Schengen Agreement or such rules himself.

Rules you see, are for others.

Mike “Mish” Shedlock

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June 28th, 2016

Posted In: Mish Talk

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