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.”

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.