Europe.......
El Mundo front page: "Catalan parliament accepts independence process is underway".
#Portugal | 1/2 Talks btwn Socialists, Left Bloc & Communists continue. Pending issues include % of min wage increase, taxation, labor law.
2/2 It is understood that issues of NATO & euro membership will not be raised. Focus will be on reversing austerity. Deal expected in a week
Diplomat from one non-invited state calls EU Commission only inviting 8 states for Balkan summit "unbelievable" https://euobserver.com/tickers/130825
S&P: #Poland's parl election outcome has no immediate rating impact despite winners PiS' agenda incl ext spending plans, among other things.
Hottinger Bank was one of the oldest Swiss Banks. R.I.P.
#EU leaders move to slow migrant arrivals http://ara.tv/6dndr
Donetsk regional #governor says #elections in #Mariupol to take place either on Nov. 15, or in January 2016 http://bit.ly/1N1Zmvw
Can #Greece's banks avoid a massive wipeout of their private creditors thru €25bn recap scheme? They're going to try http://on.ft.com/1O2fIWH
In Catalonia, the first session of the new regional parliament will begin at 11 a.m., to elect former ANC chairwoman Forcadell as Speaker.
#Germany and #Iraq to Discuss Refugee Crisis - #BasNews
http://www.basnews.com/en/news/2015/10/26/germany-and-iraq-to-discuss-refugee-crisis/ … via @EnglishBasNews
#Germany's Ifo: Volkswagen scandal no impact on German Auto industry. Business climate in Auto industry rose in Oct.
Rajoy is holding an extraordinary Monday cabinet meeting, after which he is expected to formally announce the general election for Dec 20.
Greece Agrees to Accomodate 50,000 Refugees But Not in Single Camp http://dlvr.it/CYQtwC #Greece
Greece Says Migrants Are Not Enemies Refuses to Protect Borders From Them http://sputniknews.com/europe/20151025/1029084052/greece-refugees-not-enemies.html#ixzz3pfCp8o2l … #EU #RefugeeCrisis
#Germany October IFO Confidence Index beats at 108.2 (median forecast 107.8); IFO Expectations beats too at 103.8 (est 102.3; prev 103.3)
#Groysman says Rada to make decisions on re-elections in #Mariupol, #Krasnoarmiysk as soon as possible http://bit.ly/1OQAV5W
Ifo business climate and expectations top estimates at 108.2 and 103.8. Current conditions slightly below estimates at 112.6
Greece aims to prove it means business by restarting its privatization process http://bloom.bg/1N1qOtp
#Spain's private sector debt has dropped to 178.7% of GDP from 217.5% at its peak in 2010. http://economia.elpais.com/economia/2015/10/25/actualidad/1445796546_293872.html …
Markets not scared by historic win of Eurosceptic Party in #Poland. 10y Polish yields unchg. http://bloom.bg/1WcEzG9
Greece has committed to opening enough reception centers to house 30,000 refugees by the end of 2015 ... anyone believe this will happen?
Key areas left out of Ukraine elections | The BRICS Post: http://thebricspost.com/key-areas-left-out-of-ukraine-elections/#.Vi22m2fTJa9.twitter … #Ukraine #Russia
17 point of action agreed upon at Sunday Special summit !
The @VW scandal reaches top of @EU_Commission: College knew automakers gaming NOx emissions 2yrs ago, documents show http://on.ft.com/1kF9iQI
Me in Times: Portugal isn't run by its Lisbon parliament but by a central bank in Frankfurt http://www.thetimes.co.uk/tto/opinion/columnists/article4595980.ece …
Asia......
YUNNAN COAL & ENERGY SAYS 9-MTH SWINGS TO NET LOSS OF 328.73 MLN YUAN VS NET PROFIT OF 5.35 MLN YUAN YEAR AGO
Rail freight volume in China collapsed 16.5% Y/Y in September - economy clearly in recession.
Hong Kong struggles to accept its Chinese future as reminders of its colonial past remain http://www.economist.com/news/china/21676817-clash-between-british-past-and-chinese-present-postman-expat?fsrc=scn/tw/te/pe/ed/postmanexpat …
Emerging Stocks Fall as China Rate Cut Heightens Growth Concerns http://bloom.bg/1LweBKZ
#China starts Plenary Session during which draft of 13th 5Yr Plan. Doubling GDP in 2010-2020 requires 6.5% growth pa
China rate cuts rekindle animal spirits of speculators. Margin credit rises to highest since Aug in tandem w/ stocks
Good Morning from Berlin. Markets continue to re-risk after #China adds to global stimulus. http://www.bloomberg.com/news/articles/2015-10-25/aussie-stocks-gain-with-asian-index-futures-after-china-rate-cut …
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