Social unrest leads to what?
Will there be tax boycotts?
Will there be mass arrests?
Will there be disruptions?
Will there be physical injuries?
I have heard of some major events that may escalate into physical harm.
These events may affect you or some one you know…
Catalonia Declares Independence From Spain
Spain’s Attorney General has warned Carles Puigdemont that if he does declare independence for Catalonia, he will be charged with “rebellion” and could face 30 years locked up. –express.co.uk
- Catalan Parliament in secret ballot votes in favor of motion, which declares independence from Spain in the form of a republic.
The motion to declare a republic was voted for by secret ballot in the regional parliament in Barcelona on Friday. Out of 135 lawmakers, only 82 took part in the vote, of which 70 voted in favor of independence with 10 against. Two lawmakers cast blank ballots.In response, less than an hour later the national parliament voted to invoke Article 155 of the Spanish constitution, which allows Madrid to fire the government of an autonomous region, install a technocratic government and call new elections. This marks the first time the article has been used since the Spanish constitution was established in 1978. Read more sputniknews.com…
- Spain poised to strip Catalan government of powers…
Spanish lawmakers are poised to adopt extraordinary measures to seize control of some of Catalonia’s autonomous powers in an attempt to frustrate the region’s bid for independence, which has plunged the country into one of its worst political crises since Spain’s return to democracy four decades ago.The senate, where the prime minister Mariano Rajoy’s People’s party (PP) holds a majority, is scheduled to meet from 10am local time on Friday to vote on steps to depose Catalonia’s secessionist government before the week is out… Read more theguardian.com
- Spain Authorizes Madrid To Use Force And Rule Catalonia From Madrid
Catalonia independence: Madrid imposes DIRECT RULE as Puigdemont faces arrest
SPAIN’S parliament has authorised Prime Minister Mariano Rajoy to rule Catalonia from Madrid shortly after the region declared independence from the rest of the country.
By Laura Mowat … Read more express.co.uk
Title: Catalonia Crisis: Catalan Parliament votes for independence from Spain
Video posted 27 Oct 2017 by FRANCE 24 English
Title: Catalonia Declares Independence From Spain – Catalans Declare independence from spain
Video posted 27 Oct 2017 by Everything News
Venezuela Face Crisis
Venezuela Blames U.S. Government As It nears Possible Bankruptcy:
- Venezuela could be days away from a financial collapse if its oil empire falls behind on crucial debt payments—a result that would further accelerate the nation’s chaos under President Nicolás Maduro. Trump levied sanctions over the summer on Venezuela… Read more newsweek.com
- Venezuela May Be In Default In Under 48 Hours:
This past weekend, Venezuela failed to make $237 million in bond coupon payment, blaming “technical glitches” when in reality it simply did not have the money (or wish to part with it). Adding the $349 million in unpaid bond interest accumulated over the past month as of last Friday, that brings Caracas’ unpaid bills to $586 million this month, just days before the nation must make a critical principal payment. And, as BofA sovereign debt analyst Jane Brauer writes, while the bank’s base case assumption is that Venezuela will make its debt service payments this year, “the probability of a short term default has increased substantially with coupon delays” and it could come as soon as this Friday, when an $842 million PDVSA principal plus interest payment is due, and which unlike typical bond payments does not have a 30 day grace period but instead is followed by a second $1.1 billion PDVSA coupon on Nov 2, also without a 30 day grace period.As Brauer writes, Venezuela has been in as similar situation of payment uncertainty in the recent past, with bond prices plummeting right before a big payment. For example, just before a big principal payment was due in April 2017 Venezuela received a $1bn loan from Russia just one week before the due date. At that time Ven 27s dropped 16% in a month (from $52 to $45) and recovered completely within a month. Ven 27 has fallen to $35, as Venezuela has demonstrated that it will be a challenge to make all payments on time. The difference between now and April is that coupon payment delays then came after, not before the payment.Meanwhile, Venezuela has managed to redefine the concept of payment “on time” which now means “by the end of the grace period”… Read more zerohedge.com
Title: Venezuela Faces Bond Market Day of Reckoning
Video posted 23 Oct 2017 by Bloomberg TV Markets and Finance