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The rising cost of hedging leaves Japanese investors with few opportunities for buying hedged overseas bonds and successive Fed hikes will force investors to cut hedge ratios on existing UST holdings. Croatian protests mark solidarity with migrants Anadolu Agency Global picture still positive. Other, lower-rated currencies are usually paired with the USD and such a pair is called a minor.

Kaplan leaning against the narrative

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Turkey's lira weakens, investors eye September inflation data Reuters. A new dwarf planet called The Goblin has been discovered at the edge of our solar system The Michelin Guide has named its best-rated restaurants in the UK Theresa May has said she is 'cross' with Boris Johnson No joke, a horse has walked into a bar Bookmark your favourite topics and create your very own NewsNow page.

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Sorry, no headlines or news topics were found. Please try different keywords. Not just the presidency. Not just clear out the U. Not just tip back the Senate. But fundamentally beat the Republicans on all levels at once, including clearing out governorships and statehouses across the land. The writers then ask:. Could such as collapse of the Republican Party really happen? Won't it take decades of trench warfare to put the GOP on the run? A political collapse could happen very fast, as it did in California.

Trump is not that. Meanwhile, as Democrats drive Republicans from all spheres of public life, the writers claim there won't be a monopoly problem, with all its natural stagnation and corruption.

Competition could be among Democrats only, pitting unhinged Occupy-style leftists against hipsterly Obama types: The city council of San Francisco is made up of all Democrats but is often trapped in fierce policy battles between supervisors who are more left of center than their colleagues who are more moderate and supportive of the tech industry. However, everyone on that city council is a Democrat and would be considered a progressive Democrat in the national context.

They all embrace creating a diverse society, fighting climate change, etc. What a grotesque political universe — quite redolent of the decadent Eurotrash and Latin American societies where no conservative parties exist at all.

Lovely result that would be.