Friday, April 8, 2016

Economic News & Views ( April 8 , 2016 ) Overview - Quicks Hits For Friday ( 1. Global Oil News For Friday. 2. Libya Items Of Note . 3 Greece In Focus . 4. EU-Ukraine Association Allegedly Going Forward Despite Dutch Vote - File Under "Wrong Votes " Mean Nothing , Meanwhile When Does Ukraine Address Its Corruption ? )



Overview......




Oil.......






Latin America Oil Producers Call for Action to Improve Prices





Three Oil Majors Have Debt Ratings Cut by Moody's on Price Rout





RBC: Breakeven oil prices for OPEC's ‘fragile five’ states




COLOMBIA DOESN'T SUPPORT OIL-PRODUCTION QUOTAS: OIL MINISTER. Luckly the algos are all out drinking





5y default probability has jumped to almost 99% despite oil bounced as country on the brink of collapse.






ECUADOR SAYS GLOBAL OIL PRODUCERS WON'T DISCUSS CUTS AT DOHA






Libya.....





Commission has 60 members not all seem to be there.









Political chaos in Libya as unity government enters Tripoli via






Protest in favour of elected parliament (Tobruk) in Tripoli.









France follows UK in saying no plans for air strikes on IS or ground troops to Libya (Reuters)








Libya is a war-zone claimed by 3 govts, plus Isis. Ethics aside, in practical terms how on earth would this work?




Hiftar claims his forces "don't interfere in political affairs [but] cannot stand by if we see political process leading [Libya] into abyss"






Migrants and refugees would rather risk their lives at sea than return to Libya's militia-run detention centers










Greece......






Creditors and gov’t aim to seal agreement by Easter but obstacles remain







sells port to Chinese bidder






Boats carrying 124 migrants arrive in Turkey after being expelled by Greece








Merkel Calls for Unified EU Approach to Refugee Crisis: everyone ship them to Greece?







Unacceptable. EU countries have foisted a deal on Greece – and then left it to deal with the fall-out






Ukraine.....










Dutch Premier Predicts 'Months' Of Talks Over EU-Ukraine Pact: The Dutch vote against an agreement to strength...









will implement its treaty despite the Dutch .







Mylovanova & Voynovska: case raises legal and institutional questions






Ukraine is on fire:









with police, demand firing of corrupt prosecutors on April 8











promises renewed attack on









Ash: , gvmt now paying price for not taking referendum in seriously