/qrb/ - QResearch Bunker

Dough

https://fullchan.net/?34c36efc7a37127c#43nTqSAXV4E6QwJerdTvnP6NKi7krHGfbq2baj6cLMBM

>>128852

ty B

>>128852

tyC

>>128781 lb

Indian AF IFC2422 C-17 Globemaster departed Rsezow Airport, Poland after it's off-load

Russia-Ukraine War: India sends tonnes of humanitarian aid including medicines, tents, blankets to Ukraine via Poland

Indian Air Force's C17 aircraft have been given the task to carry and deploy humanitarian aid to Ukraine. India is sending humanitarian relief to Ukraine at the request of Ukrainian authorities, amid intense evacuation efforts to bring back Indians stranded in the war-torn country. The first shipment of humanitarian assistance from India to Ukraine which is facing a military assault from Russia was despatched on Tuesday via Poland.

India is sending humanitarian relief to Ukraine at the request of Ukrainian authorities, amid intense evacuation efforts to bring back Indians stranded in the war-torn country. The first shipment of humanitarian assistance from India to Ukraine which is facing a military assault from Russia was despatched on Tuesday via Poland.

Indian Air Force's C17 aircraft have been given the task to carry and deploy humanitarian aid to Ukraine. The Indian government is also sending relief materials like blankets, tents, sleeping mats, solar lamps, kits for men and women enclosed in 514 packets to Ukraine via Poland. MEA sources told news agency ANI that two tonnes of humanitarian aid including medicines, blankets, tents, tarpaulin, protective eye gear, water storage tanks, sleeping mats and surgical gloves have been sent to Ukraine. Ukrainian envoy Igor Polikha thanked India for sending humanitarian aid to his country.

The second batch of humanitarian aid from India to Ukraine was sent on Wednesday.-dat this AC

The fourth consignment includes 100 tents and 2,500 blankets which will be delivered to Ukraine via Romania.

https://www.freepressjournal.in/india/russia-ukraine-war-india-sends-tonnes-of-humanitarian-aid-including-medicines-tents-blankets-to-ukraine-via-poland

FORTE10 Global Hawk on Kalinningrad Oblast/Polish border

>>128857

you said buns

3 Year Δ Tomorrow

https://qanon.pub/?q=mentioned#2937

Dark To Light: Kash Patel Returns

https://uncoverdc.com/2022/03/02/dark-to-light-kash-patel-returns/

We are thrilled to be joined by Kash Patel today as we talk about what he is up to now and also dive back into SpyGate to talk about the Durham investigation. Frank and I end the show by talking a bit about the State Of The Union.

Make sure to visit Kash’s website and get yourself some merch!

muh alma mater. go figger.

“You Don’t Have to Wear Those Masks, Please Take Them Off” – DeSantis Tells USF Students to Take off Their Masks (VIDEO)

https://www.thegatewaypundit.com/2022/03/dont-wear-masks-please-take-off-desantis-tells-usf-students-take-off-masks-video/

Not AF1 Joe in 82-8000 747 departed Duluth, Int'l Airport with 09-0016 USAF C-32A having departed Minneapolis Int'l back to JBA

>>128799 lb

00-9001 USAFSOC C-32B on ground at Peterson AFB-landed about 90 minutes ago

GORDO14 USAF E-4B NIghtwatch departed Edwards AFB-has been dhere since 0131 and headed north to Fairchild AFB, Spokane and did some go arounds at that location before arriving at Lincoln Muni Airport.

Been at Edwards for extensive upgrades and maintenance

see article below for process that began after March 2021

E-4B Fleet to Receive Communication Modifications

https://www.edwards.af.mil/News/Article/2526093/e-4b-fleet-to-receive-communication-modifications/

Think this is the second one to complete the above process

SAM467 USAF G5 departed JBA

>>128668 pb

Panama AF HP1A Embraer 135 departed Dulles after an overnight

President of Panama leaving after receiving his instructions

Private Advisors Group-amassed a huge position in SLV (Blackrock Ag ETF) last year and then sold it off.....they are back nao...KEK!

When the Ag squeeze habbened last year (and I pointed this out out then and have many times before and since) it was NOT because of the redditors having the ability to influence the pricing mechanism-what they did do was spread moar information about the manipulation that has been going on so that is a GOOD thing. Be under no illusion that anyone in retail (and even hedge funds) has/have the ability to make these assholes controlling it "give it up"-not gonna habben until the COMEX is actually in a declared default. All they need to do it what habbened on February 24th and voila!!! Price gets nuked lower.

That only habbens when the CME group declares Force Majuere-they should have years ago because they have to continually play the games outlined in the above links to keep actual price discovery from habbening.

Enter in what really casued the price in Ag to rise to the $30 level last year-Private Advisor Group-PAG. It was the largest position they had until they started selling it off after the close of the second quarter-see cap#2

Cap #3 is 2021 yearly chart that shows that spike up to $30-that was quickly taken down-so what habbened then was word got out they they, PAG, were buying up SLV YUGELY and since once you have amassed 50k shares in SLV youcan actually stand for delivery-but the catch here is that SLV is managed by Blackrock so you not only have the COMEX to go through here but also that bastion of fianncial fuckery Blackrock in between you and the standing for delivery process. SOI do not think they ever had any intention to actually stand for delivery then.

Key Point-What it did do was trigger the Bank of America/JP Morgan leasing 'arrangements' that BofA find themselves in and cannot get out of cause no one will sell them the physical they need to deliver on those agreements. I postulated earlier today that they are now in the COMEX paper arena buying contracts and then settling them for cash-*Gotta be Bank of America buying contracts so they can get paid off for cash to use to satisfy its TOTALLY FUCKED position with physical Ag leased from JP Morgan from and *I have no idea, nor does anyone else, of a "get-out" clause in the contract between them but this data suggests that a cash payment back to JP Morgan is an option. >>128805 pb

According to 2021 Q4 13f filing they began to repurchase SLV increasing it's position 1014%.-see cap #2 again

So a trap was set last year to see what would be done to counter these large purchases in SLV (and Bank of America and JP Morgan bit off HARD) and Private Advisors Group then began to sell it off since SLV (Blackrock) says the process habbens like cap#3 here >>128098 lb so they played nice and then began decreasing position to almost nothing all the way through Q3 last year. Now they do have to move some physical in/out so I am not saying that scenario as they explain it in cap#3 of 12098 does not occur-it just doesn't come close to what they say.

Here is the Managing Director and CEO bio

Robert “R.J.” Moore

R.J. previously served as CEO of Cetera Financial Group, CEO of Legal & General Investment Management America, and CEO of ABN AMRO La Salle Bank. He was also President of LPL Financial. R.J. holds the CFA designation and has extensive experience as an investment professional. Outside of work, R.J. has a wide range of interests. He is the former Chair of Invest in Others, and previously served on the Boards of The Chicago Shakespeare Theater, Chicago Historical Society, and Jane Addams Hull House. In San Diego, R.J. is an ardent supporter of The Leukemia & Lymphoma Society and the Navy Seal NSW Family Foundation.

https://www.privateadvisorgroup.com/about-us/our-team/

https://stockzoa.com/fund/private-advisor/

https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx?ag2021=on&submitagC=View+Charts

All pbs

>>128805 moar on Ag: Silver contracts getting paid off via EFP-cmegroup data

>>128698, >>128700 pb

>>128457, >>128460 lb anon submits a theory and some additional information on Silver COMEX trade-Exchange of Futures positions for cash

>>128098 Mkt Fag submits proof of rigging: $25.25B in Silver "traded" on the COMEX on February 24th

>>128008, >>128012 lb Mkt fag: Silver Action lately from a technical/historical standpoint

>>128059, >>128060, >>128061 Mkt Fag: Derivatives and Silver price containment/JP Morgan and Hussein Admin used UBLs 'death' to manipulate

>>128878

Don't know how that would help. oss big mad, ip hopping with a quickness and still attacking General

While bashing on Jim showed the intention is to ramp up on General if halfmind gets nuked

No idea what has them so stirred up tonight

watching them melt down is so fun

Second attack prong:

"muh bombthreat"

Did the asswipe get notice halfmind was getting nuked or something?

You'd think the clown got a day to get the board back or get transferred to some "unpleasant location"

I'm going to hang on tho this one. His ego just tripped him up

>>128892

That is a lie.

DD has been dead since the 24th of Feb, 20 posts only.

MR sucks shit with a twitter psycho everyone hates

QRB steals every post, drags them here, I make on QR...

Ya'll Looking like a lot like a bunch of losers

>>128884

https://qanon.pub/?#699

>>128898

Maybe it was this that set them off?

General Research #19934

>>>/qresearch/15764635

>>128887

https://qanon.pub/?#818

>>128899

>set them off?

[They] are always off, division shills seeking to help the Deep State

https://qanon.pub/?#828

>>128902

Yeah looked full tilt

>>128902

it was a bunch of copy pasta bullshit, nothin new in ages, cept better bots

99-0003 USAF C-32A departed JBA ne heading across the pond

No call sign just tail #

>>128903

He needs to go to a special place

>>128894

New script needed

>>128883

stirr’n the pot is fun

>>128894

>>128639 pb

German AF GAF921 A340-Scholz went back to Berlinfrom Tel Aviv earlier today after receiving marching orders

>>128909

see, the board continues without him, the info will flow no matter what and where it goes, it goes, he can seethe and attack but he can't change the flow of water

he's wastes time and while I feel like he waste's muh time it is the way of info warfare

he has nothing new, time marches on

can't wait till he gets on TS so he's busy

kek

>>128915

saw the lunacy earlier

aint nuffin you can do when the ip hops are that fast.

The titles are just too funny "gb threat"

He love me long time!

kek

he mad cause of this:

>>128190 Authorities Seize Nearly $3 Million Worth of Meth in Onion Shipment

>>128856

FORTE10 Global Hawk RQ-4 drone still up but now on Polish/Belarus/Ukraine border

ANON Blackhawk east from North Island

Seen't pilot

o7

>>128923

hums innocently

for the keks

Just before sunrise look

HOMER41 USAF Rivet Joint leading HOMER49 USAF Combat Sent (the same one that was seen't off Benghazi the other night) north from Souda Bay, Crete

>>128864

3 yr delta

Fitch, Moody's slash Russia's sovereign rating to junk

Japan to freeze assets of 4 more Russian banks.

Fitch and Moody's have downgraded Russia's sovereign credit rating by six notches to "junk" status, saying Western sanctions have thrown into doubt Russia's ability to service its debt. Russia's financial markets have been thrown into turmoil by sanctions imposed over the country's invasion of Ukraine. S&P lowered Russia's rating to junk status last week. The invasion also prompted index providers FTSE Russell and MSCI to announce they will remove Russian equities from all their indexes. The statement came after a top MSCI executive called Russia's stock market "uninvestable."

Japan will freeze assets of four additional Russian banks, Finance Minister Shunichi Suzuki says, bringing the total number to seven. The government did not disclose the name of the four banks.

https://asia.nikkei.com/Politics/Ukraine-war/Ukraine-war-Free-to-read/Ukraine-latest-Fitch-Moody-s-slash-Russia-s-sovereign-rating-to-junk

Once the initial wash out occurs I would be taking positions in that because when they "hate" it...you need to love it.

They don't have a lot (compared to the west and Asia) of external debt and this would be a long term play but would pay off handsomely.

Wouldn't back up the truck but all this does is create a great opportunity once you get passed the rhetoric

Still crickets on China and Evergrande.....

the rest of this storys obvious biased BS about "invasion" has been edited out

Nikkei is owned by the Financial Times

>>128936

chek't diggies

Has always been about not allowing declaration

They will never do that until the end.

Even then I have muh doubts they allow it.

Wut I meant is that the players who forced BofA and JPM to do that are back and this time there is really no answer other than BofA to get into COMEX contracts to be paid off intentionally so it generates cash to "pay off" the leases.

>>128940

yes

the same agencies (and a coupla others) that rated crap mortgage debt as triple A rated via the CMBS process.

Blythe Masters at JPM etc.

Big Short book then movie.

Imma out

>>128942

>Imma out

Rest well

morn'n all.

inn and out today. mostly out.

https://twitter.com/nexta_tv/status/1499289953443930113

The International #Cat Federation has banned #Russian cats from its shows

sheeplovelies@sheeplovelies

Ron DeSantis walks into the University of South Florida and tells the students they don’t have to wear their masks. He told them to take them off because honestly they’re not doing anything and we have to stop with this Covid theater.

Boss Move 😎

3:47 PM · Mar 2, 2022

https://twitter.com/sheeplovelies/status/1499124241991704576

>Bummer...

Sam Chui

@SamChuiPhotos

·

Feb 27

Mriya - You will always be remembered! We pay tribute to the world’s largest transporter!

Ukraine’s Minister of Foreign Affairs confirming the news the world’s largest cargo aircraft, the Antonov #AN225, has been destroyed at Hostomel Airport outside Kyiv.

https://mobile.twitter.com/SamChuiPhotos

>>128960

BUNS

BLOATABLE BIG AND TIGHT BUNS

I don't know what is wrong with you people

kek

mornin yo's

morning all

>>128880

Moar cash payoffs for COMEX contracts

Here is what was done with the EFP 'process' yesterday.

*An exchange for physical trade (EFP) is a privately negotiated and simultaneous exchange of a futures position for a cash position.

2,100 paper contracts settled for cash gives you 10,500,000/ozs of paper silver (taking a price of $25.20 (about the price at settlement time yesterday) gives you $264,600,000 in cash to the "holder" which has got to be Bank of America

https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458

Remember that BofA is a "too big to fail" bank and as a reminder they had Countrywide placed on it's books- so as not to have a public bankruptcy.

from January 2008

Bank of America to acquire Countrywide

https://www.nbcnews.com/id/wbna22606833

This was a full 9 months before the strat of the very public market event in 2008-it actually started-in the public arena-in 2007 with the JP Morgan/Bear Stearns placement.

Also keep in mind Angelo Mozillo-cap #3 generated billions of dollars for the system and was still not part of the "club"

-

Then we had Chumpy Schumer intentionally causing IndyMacs bank run so it could placed at the FRB in the same way Countrywide was at BofA in order to NOT have a public Bankruptcy-moar on that when they start doing it here again-cause they will

CROAK41 USAF DC-10 extender from McGuire and on Maryland coastline having just crossed the Delaware River inlet

>>128968

>>128967

>>128980

>>128977

SAMXXX USAF G5 sw from JBA

High level G5

Never seen dat one before 'XXX'

there's crazy and there's CrAzY!

Authorities obtained a search warrant for the victim’s mother’s home, where they discovered a “male organ” laying in the bucket alongside the head, a torso in a storage bag, “body fluid,” and knives, WBAY reported.

During an interview with police, Schabusiness was asked what happened and responded, “That is a good question,” according to the outlet. She and the victim were allegedly together all day Tuesday and smoked methamphetamine before going to the victim’s mother’s home, where they engaged in sex using chains. She noted that she used a chain to choke the man during the encounter but then took to strangling him with her bare hands, the complaint says, per the Green Bay Press-Gazette. She allegedly said he stopped breathing about 3-5 minutes after the choking began but noted she blacked out.

“The Victim coughed up blood and was just waiting for him to die while she was watching his face,” the complaint stated, per video from WLUK-TV.

She reportedly asked detectives “if they knew what it was like to love something so much that you kill it,” the complaint stated per the outlet.

“Schabusiness responded that the police were going to have fun trying to find all of the organs…Schabusiness stated all of the body parts should be in the basement. Schabusiness stated there should be a foot or a leg in the minivan,” the complaint reads, according to WBAY. She allegedly shared that she used knives found in the kitchen, adding that a serrated-edged bread knife worked the best.

“Schabusiness stated the plan was for her to bring all of the body parts with her but she got lazy and only ended up putting the leg/foot in the van and she forgot the head,” the complaint states, per WBAY.

Online inmate records show Schabusiness’s bond has been set at $2 million cash. She has a previous charge of resisting or obstructing an officer from August of 2020 and is listed as being married, though it is unclear if the victim was her spouse.

https://www.breitbart.com/crime/2022/03/02/wisconsin-woman-allegedly-strangles-dismembers-man/

cat theme today

US National Institutes of Health Shipped $770K to Kremlin-Run Lab for Cruel Experiments on Cats

https://www.thegatewaypundit.com/2022/03/us-national-institutes-health-shipped-770k-kremlin-run-lab-cruel-experiments-cats/

Look at Yerp before suset

RAF RRR7221 Rivet Joint over northern Romania

Canadian AF CFC4220 C-130 Super Hercules ne from Zagreb, Croatia

NATO01 E-3TF Sentry AWACS doing infinity loops over eastern Poland

Hungarian AF BRK34 C-17 on descent for Rzesow Airport from Goteborg , Sweden depart

Hungarian AF BRK C-17 back to Kecskemet AB from Rzesow depart

REDEYE6 USAF E-8C Joint STARS finished with it's trackin' and wuz just west of where NATO01 is nao

Dutch AF MMF20 A330 tanker on the track over southern Poland

German AF GAF887 A319 nw from Koln/Bonn Airport

Polish AF 251 and 252 C-130s east from RAF Lakenheath-no doubt picking up moar 'supplies'

SAM497 USAF C-32A ne from JBA to Brussels Int'l

Secretary of State Antony Blinken to Travel to Europe

Secretary of State Antony Blinken leaves Thursday for a trip to Belgium, Poland, Moldova and the Baltic states to coordinate the continued international response to Russia’s attack on Ukraine, and to assure neighboring countries of the U.S. commitment to their security, the State Department said Wednesday.

The secretary’s six-day trip comes amid Russia’s expanding war in Ukraine. The U.S. and other members of the North Atlantic Treaty Organization have pledged to support the government in Kyiv, which has managed so far to hold off Russian forces from taking any of the major cities, but have said they won't intervene militarily. In Brussels, Mr. Blinken will meet with his counterparts from NATO member states and convene separately with representatives of the European Union and the Group of Seven industrialized nations. The secretary said he would “commend them on the unprecedented steps that they’ve taken to support Ukraine and hold Russia to account.” He reiterated President Biden’s message about the U.S. commitment to Article 5 of the North Atlantic Treaty, which holds that an attack on any ally constitutes an attack on all. Ukraine isn't a NATO member, but officials are wary of a possible expansion of Russia’s incursion to the alliance’s eastern flank.

On March 5, the secretary is scheduled to visit Poland, where he will meet with Foreign Minister Zbigniew Rau, among other officials, to discuss additional security and humanitarian assistance for Ukraine. Poland has been a key staging point for international assistance, including arms, and an entry point for refugees fleeing the Russian invasion. In Chisinau, Moldova, Mr. Blinken will meet with senior politicians to discuss Moldova’s assistance to Ukrainian refugees and U.S. support for Moldova’s security and territorial integrity.

The State Department has warned Americans currently in Moldova to depart the country, citing the conflict in Ukraine and ongoing hostilities between the government and the breakaway Transnistria region. Airlines have canceled flights to and from Moldova, and the government has imposed airspace restrictions due to the conflict in Ukraine.

The final leg of the trip will be to the Baltic statesLithuania, Latvia and EstoniaNATO members that share a border with Russia.

Mr. Blinken, who spent part of Wednesday morning visiting a Ukrainian church in northeast Washington, D.C., with the country’s ambassador to the U.S., Oksana Markarova, reiterated Washington’s support for Ukraine and commitment to penalize Russia for its invasion.

The secretary declined to speculate on Vladimir Putin’s state of mind, but criticized the Russian president’s comments about placing the country’s nuclear forces on heightened alert.

ukraine-latest-news-2022-03-02/card/secretary-of-state-antony-blinken-to-travel-to-europe-yCdKXhwz4ePz8KdD13i7

Morning Market Report

WTI hit $116 earlier

Markets are down but still orderly waiting for the next "news" item"

Looks like the NAS just got a 'stick save at it's lows-gee I wonder who that could be...Plunge Protection Team and Janet Yellen via the ESF

Lime green dot over a transaction of 1.67B shares-now watch it erase the drop over the next few hours-cause everyone can see that they just saved it on the LOD

aaaaaaand the hit job on Ag -0.31 -1.23% while Au does nuffin-cap #4

Warned about the split movements in Au and Ag-starting to see that nao unless they wanna catch Au up % wise as it's doin' nuffin.

Please continue to hit it fellas-I need another conversion of Au to Ag so I needz the Gold Silver Ratio to rise....-kek Cap#5

https://goldsilver.com/price-charts/gold-silver-ratio/

https://finance.yahoo.com/quote/%5EIXIC

https://www.kitco.com/charts/livesilver.html

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

>>128991

wut poppin next door?

still some IRL but basically here

gotz smiles saved for da "crew"

kek

>>128993

Gotz bun...will drop when you back and ready to bake..

he at it again like yesterday

instant IP hop with muh joo shit.

Italian AF IAM4661 C-130 Hercules outta Rzesow and IAM430 767 on descent for same

White House’s $10 billion Ukraine-aid request would help fund ‘KleptoCapture’ task force targeting Russian oligarchs

The Biden administration is asking Congress for $10 billion to aid Ukraine amid the invasion by Russia, a request that includes $59 million for a new task force aimed at enforcing sanctions against Russian oligarchs.

The $10 billion aid request is part of a broader $32.5 billion package that the White House hopes Congress will approve. It also includes $22.5 billion to bolster the U.S. fight against COVID-19. “This request identifies an immediate need for $10 billion in additional humanitarian, security, and economic assistance for Ukraine and Central European partners due to Russia’s unjustified and unprovoked invasion,” acting White House budget director Shalanda Young wrote to lawmakers. n Congress is currently wrangling over a long-term budget deal, and lawmakers are facing a March 11 deadline for agreement. The new request may be attached to that larger package.

Biden discussed the new task force in his State of the Union address on Tuesday, saying: “Tonight, I say to the Russian oligarchs and the corrupt leaders who’ve bilked billions of dollars off this violent regime: No more.”

Dubbed Task Force KleptoCapture, the new entity is “dedicated to enforcing the sweeping sanctions, export restrictions, and economic countermeasures that the United States has imposed, along with allies and partners, in response to Russia’s unprovoked military invasion of Ukraine,” said Attorney General Merrick Garland in a statement on Wednesday. Getty Images

This feature is powered by text-to-speech technology. Want to see it on more articles?

Give your feedback below or email

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.

The Biden administration is asking Congress for $10 billion to aid Ukraine amid the invasion by Russia, a request that includes $59 million for a new task force aimed at enforcing sanctions against Russian oligarchs.

The $10 billion aid request is part of a broader $32.5 billion package that the White House hopes Congress will approve. It also includes $22.5 billion to bolster the U.S. fight against COVID-19.

“This request identifies an immediate need for $10 billion in additional humanitarian, security, and economic assistance for Ukraine and Central European partners due to Russia’s unjustified and unprovoked invasion,” acting White House budget director Shalanda Young wrote to lawmakers.

Congress is currently wrangling over a long-term budget deal, and lawmakers are facing a March 11 deadline for agreement. The new request may be attached to that larger package.

Biden discussed the new task force in his State of the Union address on Tuesday, saying: “Tonight, I say to the Russian oligarchs and the corrupt leaders who’ve bilked billions of dollars off this violent regime: No more.”

Read: Biden says Putin’s war on Ukraine is making ‘Russia weaker and the rest of the world stronger’

Dubbed Task Force KleptoCapture, the new entity is “dedicated to enforcing the sweeping sanctions, export restrictions, and economic countermeasures that the United States has imposed, along with allies and partners, in response to Russia’s unprovoked military invasion of Ukraine,” said Attorney General Merrick Garland in a statement on Wednesday.

“Task Force KleptoCapture will ensure the full effect of these actions, which have been designed to isolate Russia from global markets and impose serious costs for this unjustified act of war, by targeting the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct,” said Garland.

The $10 billion request is above an earlier-discussed figure of $6.4 billion that congressional Democrats and Republicans showed signs of supporting.

In her letter, Young said that she anticipated that “additional needs may arise over time” given the evolving situation in Ukraine. Likewise, she said she expects extra funding will be needed to support the COVID response.

https://www.marketwatch.com/story/white-houses-10-billion-ukraine-aid-request-would-help-fund-kleptocapture-task-force-targeting-russian-oligarchs-11646323771

CROAK42 USAF DC-10 extender west from McGuire as CROAK41 returns to same

Bubba gettin' nervous.....

Turkey Reports 54% Inflation One Month After Erdogan Fired His Statistics Chief

One month after Turkey's president Erdogan fired his statistics chief for reporting that inflation hit 36%, his current replacement must be dreading every incoming phone call after earlier today Turkey reported that annual inflation again soared more than expected, hitting a two-decade high of 54.4% in February, above the 52.5% consensus, fuelled by a crash in the lira last year and soaring commodity prices that are expected to climb even higher in coming months due to Russia's invasion of Ukraine. Month-on-month, consumer prices rose 4.8% in February, the Turkish Statistical Institute said on Thursday, compared to the median consensus forecast of 3.8%. Core inflation increased from 39.5%yoy in January to 44.1%yoy in February, also above consensus expectation of 42.2%yoy.

The rise in inflation was broad-based with all categories registering increases, though the rises in food and transport categories made the largest contributions. There was some moderation in sequential inflation compared with December and January, as the sharp Lira sell-off in 2021Q4 led to a more front-loaded and faster pass-through to prices in these two months. Nevertheless, the underlying pricing pressures remain elevated. Last month's inflation was driven by food and non-alcoholic drink prices, which rose 8.41% month-on-month, while furniture prices rose 7.00%, further eroding household savings (we somehow doubt that alcoholic drinks fell in price). Annually, transportation prices surged 76%, while furniture prices rose 65%.

Inflation has soared in Turkey as the central bank, under pressure from Erdogan, has cut interest rates by 500 basis points last year. It is expected to rise further, exacerbated by a surge in gas, oil and grains prices set off by the Ukraine conflict. The bizarro easing cycle prompted by "Erdoganomics" led to a currency crisis that saw the lira crash 44% against the dollar last year, raising inflation via imports priced in hard currencies. Meanwhile, economists say rate hikes are off the cards, despite deeply negative real yields, given Erdogan's aversion of high rates. They expect authorities to respond through interventions in the forex market to keep the lira stable, and fiscal measures.

Inflation will stay close to February levels until the last months of the year, said Jason Tuvey, senior EM economist at Capital Economics, Reuters reported. "The spillover effects from the Russia-Ukraine crisis, including higher global commodity prices and potentially fresh supply chain disruptions, mean that the risks are skewed to the upside," he said in a note.

After hiking prices across the board at the start of the year, the government has implemented tax cuts on basic goods and - like its European peers - is subsidizing a significant amount of electricity bills, in an effort to soften the impact on households. The central bank said in January it expects inflation to peak around May, when it is seen rising to around 55%, but it can now throw that particular forecast in the trash as Russia's invasion has assured even higher inflation for a long time to come.

moar

https://www.zerohedge.com/markets/one-month-after-erdogan-fired-his-statistics-chief-turkey-reports-54-inflation

>>128999

>>129000

czech't

ok..gonna have another quick look around see if I can find anything else for nao

>>128991

They may not get NAS ta close green but have already gotten DOW + a hundy nao to flat so look for NAS to follow

>>128873

GORDO14 USAF E-4B Nightwatch sw from Lincoln Muni

This arrived from Edwards yesterday after being there since 0131

anything else to add?