Iran anti-regime protests

The White House national security adviser Robert O’Brien said on Sunday that the Trump administration has reached to North Koreans to revive the diplomacy collapsed since October.

Trump’s Olive Branch

“We’ve been letting them know, through various channels, that we would like to get those [negotiations] back on track and to implement Chairman Kim’s commitment” to the denuclearization of the Korean Peninsula, O’Brien told the Arlington-based Axios.

O’Brien also indicated that he was cautiously optimistic due to the fact that NK’s dictator Kim Jong-un hasn’t yet delivered on his promise of “Christmas gift” — a veiled threat of a nuclear missile test.

Iranian Protests

Anti-regime protests entered a second day after Iran’s military forces admitted that they accidentally shot down the Ukrainian civilian aircraft and killed 176, Protests in dozens of cities, including the capital Tehran shouted slogans calling for the ouster of the Islamic regime’s supreme leader Ayatollah Khamanei as violent confrontations occurred with government forces.

US President Donald Trump, who has repeatedly said he does not seek regime change during his election campaign and after he took office, continued to express his support to demonstrators with Persian tweets.

“National Security Adviser suggested today that sanctions & protests have Iran “choked off”, will force them to negotiate. Actually, I couldn’t care less if they negotiate. Will be totally up to them but, no nuclear weapons and “don’t kill your protesters.” Trump tweeted.

Oil Stable on Monday

As worries about a possible war between the US and Iran subsided, oil prices began to stabilize on Monday. While the political repercussions of the US killing of General Qassem Soleimani, who founded and directed Iran’s Middle East proxy organizations went on, the disappearance of chances of military conflict, for now, allowed investors to give attention to other areas, particularly the Sino-US trade front.

Eurozone expectations

Burkhard Balz, member of the German central bank, the Bundesbank, told a financial forum in Hong Kong on Monday that he expected the eurozone economic growth to reach %1.1 this year.

Stating that the economic growth rate in the Eurozone will stabilize in 2020, Balz said that inflation is expected to fall marginally to 1.1% in 2020 from 1.2% last year.

UK economy faces recession

The British economy unexpectedly contracted in November data by the Office for National Statistics showed on Monday.

Gross domestic product dropped by 0.3% in November. No change was forecast. If the December figures do not reach 0.1% or 0.2% the economy would have entered a contraction in the fourth quarter.

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