PM Davutoğlu calls for combined int’l air and ground campaign against ISIS http://sabahdai.ly/dUUPNA
#Libya UK parliament to meet 3 key Tripoli-based officials. Unclear if Tobruk-based govt. officials also invited http://www.prnewswire.co.uk/news-releases/heads-of-libyas-key-independent-institutions-invited-to-brief-uk-parliamentary-committee-543786272.html … …
fred walton Retweeted
Eurogroup urges Athens to deliver reforms in a week, shows flexibility for banks. http://www.ekathimerini.com/203300/article/ekathimerini/news/eurogroup-urges-athens-to-deliver-reforms-in-a-week-shows-flexibility-for-banks …
#Euro Eurogroup ponder Greece bank recapitalisation via ESM (two big paras) and 5 Presidents Report (one small one) http://www.consilium.europa.eu/en/press/press-releases/2015/11/09-eurogroup-jd-remarks/ …
So , Greece now has until the end of the week to address the open issues to get the pending 2bn bailout tranche. ..
Schaeuble - From the points Greece has committed to implement as a condition for payment of first tranche, a large part hasn’t been met yet
VW 5y default probability jumps as Fitch has cut #VW rating again, from A to BBB+ outlook neg, 3 notches above junk.
Slovaks says bank recap issue is holding up Greek cash release. Chicken. Egg.
Spain in focus ....
LATEST: Rajoy says government will hold an extraordinary cabinet meeting on Tuesday on Catalan separatist motion.
LATEST—CATALONIA: Rajoy has signed petition for urgent State Council resolution on illegality of declaration.
.@UPyD wants Rajoy to notify Mas and begin proceedings to take over government of Catalonia immediately.
BREAKING: Catalan Parliament Votes 72-63 To Pass Separatist Motion, Begin Break From Spain https://www.thespainreport.com/articles/461-151109122120-catalan-parliament-votes-72-63-to-approve-solemn-declaration-and-begin-break-from-spain …
Catalan parliament votes 72-63 to approve FIFTH, SIXTH points of separatist motion.
Catalan parliament votes 72-62 to approve FOURTH point of separatist motion.
Catalan parliament votes 72-63 to approve SECOND, THIRD points of separatist motion.
Catalan parliament votes 71-63 to approve FIRST point of separatist motion.
The separatist motion is first being read out point-by-point.
Voting on separatist motion beginning in Catalan parliament.
Arrimadas (Ciudadanos): "You don't even have majority to change the Catalan Statute, or the electoral law, never mind declare independence".
Arrimadas (Ciudadanos): "This is so senseless you weren't even able to convince a majority of Catalans" at elections. #CatalanSecession
Arrimadas (Ciudadanos) reminds listeners Catalonia has one of the highest levels of self-government in Europe.
Albiol (PP) finishes his speech with "Long live Catalonia, and long live Spain!".
Authority figures in Spain who promote seditious conspiracy can get up to 15 years in jail. #CatalanSecession https://www.thespainreport.com/newsitems/323-151109110828-update-el-espanol-public-prosecutor-studying-charges-of-seditious-conspiracy …
UPDATE: PUBLIC PROSECUTOR STUDYING CHARGES OF SEDITIOUS CONSPIRACY FOR CATALAN LEADERS, EL ESPAÑOL REPORTS https://www.thespainreport.com/newsitems/323-151109110828-update-el-espanol-public-prosecutor-studying-charges-of-seditious-conspiracy …
Any attempt by Spain to cut regional financing to Catalonia would be very delicate balancing act given tightly-coupled economic connections.
Podemos spokesman tells Catalan separatists they are proposing a "declaration of insurgency filled with rhetoric". #CatalanSecession
UPDATE: SPAIN READY TO CUT FINANCE TO CATALONIA, TAKE CONTROL OF POLICE, EL MUNDO REPORTS https://www.thespainreport.com/newsitems/322-151109104208-update-el-mundo-spain-ready-to-cut-finance-to-catalonia-take-control-of-police …
Next up: Anna Gabriel, from the radical far-left CUP. "This is an act of rupture for us" #CatalanSecession
Romeva ends his speech, to loud applause from separatists: "The time has come to go full speed". #CatalanSecession
Romeva going over the points in the Catalan separatist motion, saying the future Catalan govt. should now only obey the Catalan parliament.
UPDATE: CATALAN PARLIAMENT BEGINS DEBATE ON RUPTURE WITH SPAIN https://www.thespainreport.com/newsitems/321-151109101506-update-catalan-parliament-begins-debate-on-rupture-with-spain …
Stathakis says political solution seen in bad debt dispute http://dlvr.it/ChXP4D
Greece's National Bank shrinks loss in Q3 http://dlvr.it/ChXH56
France wants deal between Greece and lenders at Eurogroup http://dlvr.it/ChWLyD
About 3,000 refugees and migrants arrive in Piraeus, more to come http://dlvr.it/ChVRvD
No Lufthansa flights in and out of Athens due to strike http://dlvr.it/ChTfcP
Arsonists attack three SYRIZA offices in Athens http://dlvr.it/ChSm97
Déjà vu for Draghi as ECB debates whether more stimulus needed http://dlvr.it/ChSk2K
Ex-minister to take claims about death threats from SYRIZA members to prosecutor http://dlvr.it/ChS5yN
#Greece | *DJ Eurozone Finance Ministers Won't Release EUR2 Bln Loans Slice for Greece at Mon Meeting -- Officials
German government in new crisis over Syrian refugee status http://openeurope.org.uk/daily-shakeup/cameron-to-formally-present-eu-renegotiation-demands-tomorrow-in-letter-to-tusk/#section-4 …
Spain welcomes first refugees from its EU quota: 11 Eritreans and a Syrian arrive in Madrid http://cort.as/Z_sj
TODAY: Interior Ministers are meeting to discuss on #RefugeeCrisis . Doorsteps starting at 13:30 CET. Watch live: http://ec.europa.eu/avservices/ebs/live.cfm?page=2 …
Tempelhof Airport's use as major refugee centre reignites row over its future http://dw.com/p/1H0ka
Merkel's legacy will depend on her ability to hold Germany and the EU together http://econ.st/1WCyR0q
Over Half Of Poles Against Hosting Middle East, African Refugees http://sptnkne.ws/abCQ #refugeecrisis
Global GDP worse than official forecasts show, Maersk says. http://bloom.bg/1L4lwaB
#Germany's Sep Trade surplus drops to €19.4bn vs forecasts of €20bn as imports rose 3.6%, way stronger than expected
EU to decide on
#Russia sanction extension in Dec summit, Handelsblatt reports. http://www.handelsblatt.com/12558620.html
#Taiwan | Exports Y/Y: -11.0% v -11.7%e; Imports Y/Y: -20.0% v -17.5%e
Nikkei starts the week 2.0% higher at 19642.74 on a way weaker Yen.
#China | Imports Y/Y: -18.8% v -15.0%e ...12th straight decline
#China | OCT TRADE BALANCE: $61.6B V $62.2BE
#China's govt bonds slide most this year as IPOs to resume and Fed expected to raise rates. http://bloom.bg/1HoGqGA
#China stocks shrugged off horrible trade numbers as regulators said it would allow IPO to resume after Jul halt.
Good Morning. Asia stocks mixed w/ Japan & China up, Korea & EM Asia down as US jobs data boost rate hike expec.