George Soros Blasts Donald Trump, Ted Cruz as Fearmongers

Billionaire investor George Soros on Monday blasted Republican presidential candidates Donald Trump and Ted Cruz by name, accusing the pair and others of deliberately stoking terror fears.

In an op-ed article published in the Guardian newspaper, Soros, a major Democratic donor, argued that ISIS is operating from a position of weakness as its grip on its home territory weakens, but acknowledges that coming up with a resolution to the threat posed by terrorists and by the Syrian conflict isn’t easy.

“But one idea shines through crystal clear: it is an egregious mistake to do what the terrorists want us to do,” he wrote. “That is why, as 2016 gets underway, we must reaffirm our commitment to the principles of open society and resist the siren song of the likes of Donald Trump and Ted Cruz, however hard that may be.”

Market Watch

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.