Tuesday, October 20, 2015

Economic News , Data & Views ( October 20 , 2015 ) .... Refugee Crisis Updates Updates ( When Erdogan meets Merkel - Erdogan keeps pressing his agenda aggressively with Merkel and sending more refugees across to Europe at the same time to underline his points , Germany secretly planning its own border fence - even as other EZ nations watch to see what Germany does rather than merely says , Gulf states should do more to assist in the crisis - a popular refrain ) ...... Broader Europe ( Greek Bank recap may be less 20 bn , Germany PPI for September at -0.4 versus estimate of 0.0 , EZ current account drops of sharply for August , ECB items , State of the Banks , Brexit , Odds & Ends )


Refugees Situation.....


'Europe picks a bad moment to engage ' ~'s David Gardner nails it:










The Roots of Europe’s Refugee Crisis via The Gulf States should be taking in 100,000s refugees..










UN chief regrets ‘root causes’ of refugee crisis were unaddressed - Read:























Militarisation of borders prompted by . If deal fails, be will forced to do it





















While Merkel was in Turkey, Ankara 'sent over' 30,000 migrants in show of force, police source tells











Angela Merkel’s party unveils secret plan for 'Berlin Wall'-style defences on Germany’s borders












Eurotunnel services halted for four hours as 'waves' of migrants storm Channel Tunnel










Broader Europe......



















Seeking Alpha: Greek bank recap seen less than €20B










Cameron’s renegotiation is in tatters yet he is committed to still holding a referendum by end-2017










ECB: Banks reported a net -4% easing of credit standards on business loans in Q3, compared to -3% in Q2.











current account surplus down from €25.6bn to €17.7bn in Aug: goods €21.2bn, services €4.3bn, prim income €3.8bn, secd inc -€11.6bn











BANK OF SPAIN GOVERNOR SAYS ECB COULD EXTEND, MODIFY QUANTITATIVE EASING PROGRAMME










BANK OF SPAIN GOVERNOR SAYS EUROPEAN INFLATION WORRYINGLY FAR FROM TARGET












Germany September PPI -0.4% vs 0.0% median estimate










CHART: Euro area plagued by long-term unemployment, especially Italy. Crisis has left some scars in the labor market














Lufthansa will cease flying to Moscow Vnukovo airport, Samara and Nizhny Novgorod with the start of its winter schedule a week from now.









Deutsche Bank’s foreign-exchange unit mistakenly sent about $6 billion to a U.S. hedge fund client











Ukip leader Nigel Farage slams BBC for 'dishonest' EU referendum coverage . Action whilst the other dither.
















Members of the EU may find Britain an annoying partner, but none welcomes Brexit















Britain has influenced the EU for the better. Brexit is the worst way to reform it
























EU Referendum: Six Tory Cabinet ministers demand freedom to campaign for Brexit

















When there are *actual* job losses in the steel sector now, inside the EU, why do we fret about imaginary job losses post-Brexit?











Going it alone: why many ordinary Britons are plumping for Brexit