Markets.......
ABE: G-7 MUST HELP WORLD ECONOMY WITH `FLEXIBLE' BUDGET RULES. Japan won't do anything without G-7/20 preapproval first
There's a sense of anxiety spreading in the public about the fact the BOJ is implementing these abnormal policies,"
With 73% of companies reported, S&P 500 sales growth on pace for a 1% YoY gain, its first YoY increase since Q4 '14.
With 73% of companies reported, S&P 500 operating earnings down 3% over the past yr, the 6th consecutive YoY decline
ECB's Draghi says German savers can't expect returns while current account surplus that high http://bloom.bg/1NP4UM9
Here Is Mario Draghi's Advice To Europe's Crushed Savers http://www.zerohedge.com/news/2016-05-02/here-mario-draghis-advice-europes-crushed-savers …
Spain......
COUNTDOWN: Unidad Editorial journos and staff to strike from 7 a.m. #EREsalvajeUE
STRIKE: El Mundo, Expansión + Marca will not go to print on Wed. #EREsalvajeUE
PSOE discussion probably the most interesting aspect of this article.
Refugee Crisis / Economic Migration / Border Security ......
Greece still has ‘some deficiencies’ in border management, EC says http://dlvr.it/LCWc3k
Nearly 90,000 unaccompanied minors sought asylum in EU in 2015 http://dlvr.it/LCVWmw
Huge , unsafe refugee camp evacuated in France...
Something to ponder regarding ongoing refugee / economic migration crisis still unfolding.
An important offering from John Ward to read !
As expected , various EU countries seek to extend border controls.
Odds & Ends........
#Saudi Arabia repeats warning over proposed 9/11 law. http://mobile.reuters.com/article/idUSKCN0XT1L4 …
Libya's central Mediterranean route to EU doesn't seem to be used as much by Syrian refugees https://www.washingtonpost.com/news/worldviews/wp/2016/05/02/the-shifting-sea-routes-of-europes-refugee-crisis-in-charts-and-maps/ …
Process outlined to seek a referendum on Maduro.
Renzi says pressure to intervene in Libya - Politics - ANSAMed.it http://www.ansamed.info/ansamed/en/news/sections/politics/2016/05/02/renzi-says-pressure-to-intervene-in-libya_58f582b7-2e08-4cdd-b52b-70798d0cf6fb.html …
This is a major concern...
Kerry said nearing agreement on measures to expand syia cessation to aleppo, including more staffing for US Russia monitoring cell in Geneva
Sadr protesters seek new elections and essentially the resignation of the key political leaders.
Shrouded negotiations brought into the light..
Puerto Rico Default . Of $423 million pending, Gov't will pay $22 MN in interest. Credit unions agreed to defer $33 million to May 2017.
EU floats trial balloon on its "Superstate" Ambitions . Juncker also wants an EU Army. http://www.theguardian.com/world/2015/mar/08/jean-claude-juncker-calls-for-eu-army-european-commission-miltary …
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