Morning tweets.......
BROADER EUROPE / REFUGEE CRISIS.....
Bavarian Finance Minister: "no extra taxes or debt to deal w asylum crisis. Limiting immigration would be better"
The number of refugees and migrants arriving on Greek islands has surged to 7,000 a day http://bit.ly/1LmcHOh
FOLLOW LIVE: Anti-TTIP and CETA protesters rail at huge trade deals in Berlin http://ow.ly/Tfbpr #TTIPdemo
Preparing for the anti-TTIP demo.
Good morning from #Berlin where 50,000 expected at anti-TTIP demo: http://www.thelocal.de/20151009/50000-expected-at-berlin-anti-ttip-demo …
Italy joins Germany and Spain with weaker than expected August industrial production (-0.5%)
France industrial production rebounded 1.6% in August, well above consensus
German Eon Institutes Cut 2015 Germany GDP Forecast to 1.8% V 2.1%; See 2016 Growth at 1.8%
Bank of France cuts Q3 French GDP forecast to +0.2% from +0.3%, bringing it into line with Insee forecast
German August industrial production well below expectations at -1.2%; consensus forecast +1.2%
GREECE........
The Lima romance
#Eurogroup's Dijsselbloem: Greek debt relief depends on forecasts, may not be needed now https://euroinsight.mni-news.com/posts/dijsselbloem-says-debt-relief-for-greece-may-not-be-necessary-now-1763 … /via @euroinsight #Greece
Dijsselbloem "Good standard would be to cap debt at max of 15%/GDP"
IMF's Thomsen "We think #Greece can't deal with its debt without relief"
"#Greece cannot deal with debt just through reforms and adjustment" - IMF's Poul Thomsen http://reut.rs/1GAtpEa
Thomsen: EU should lengthen significantly the grace period and the repayment period so the GR debt can be sustainable
6 mths ago, IMF saw 2.5% growth in #Greece this year & 3.7 in 2016. Like EU, it now sees -2.3 in 2015 & -1.3 in 2016 https://shar.es/17LWSr
Alexis Tsipras claimed there was no realistic alternative to austerity for Greece. He was wrong. https://www.jacobinmag.com/2015/10/greece-debt-tsipras-eurozone-syriza-draghi/ …
ASIA / EMERGING MARKETS
Video captures aftermath of Ankara bombings
At least 40 people killed and 100 wounded at a peace march meant to... http://fb.me/1oAtcrD4e
Photo Story: Scenes of carnage from #Ankara train station
http://rudaw.net/english/middleeast/turkey/101020152 … http://fb.me/4k2NsFbPM
TURKISH INTERIOR MINISTRY SAYS 30 PEOPLE KILLED, 126 WOUNDED IN ANKARA BOMB BLASTS
China Launches Global Yuan Payment System http://emergingequity.org/2015/10/10/china-launches-global-yuan-payment-system/ …
China Completes Construction of Lighthouses in disputed South China Sea http://reut.rs/1GBieuS
In Brazil, Trying to Pinpoint the End for Both Rousseff and Rout http://bloom.bg/1MiuvGr
Not a good look, Apple- obediently self-censoring its Apple News app in China. VPN can't get around it. Sigh. https://www.hongkongfp.com/2015/10/09/apple-automatically-self-censors-news-app-in-china/ …
China wants enough charging infrastructure for 5 mln electric cars by 2020- expect more than 1 bln drivers by then. http://www.bloomberg.com/news/articles/2015-10-09/china-plans-charging-stations-for-5-million-plug-in-cars-by-2020 …
Largest lake in China & top scenic spot turned into rubbish dump by Golden Week holidaymakers http://shanghaiist.com/2015/10/09/qinghai_lake_turned_garbage_dump.php …
Woo! TGI-Fed for battered Asian EM currencies.
Rupiah +10% (best week in 14 years -10% YTD)
Ringgit +7% (best week since '98 peg -16% YTD)
The End Appears Near For Brazil’s Rousseff http://emergingequity.org/2015/10/09/the-end-appears-near-for-brazils-rousseff/ …
Venezuela Is Now The Most Expensive Country In The World http://emergingequity.org/2015/10/09/venezuela-is-now-the-most-expensive-country-in-the-world-oped/ …
Inflation is approaching 200%. Crime and corruption are rampant. Now, Venezuela votes http://econ.trib.al/BqmSfGm
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