Michael Beschloss
JFK & Liberty Bell on Fourth of July, Philadelphia, tomorrow 1962: #JFKL pic.twitter.com/Lnug96jCRH
Philadelphia - the birthplace of American Democracy. Happy Fourth of July!
UK Politics / Post Brexit News & Views.........
Key - Dutch law makes a referendum on EU membership unlikely for now. But watch elections due by March next year.
Mishcon's challenge devoid all legal merit. Triggering Art 50 TEU is Crown prerogative - no Act or Parl approval required #Brexit
Full ConHome CON members survey
Leadsom 38%
May 37%
Gove 13%
Crabb 6%
Fox 5%
The way things actually work....always consider that.....
Interesting...
Farage steps down as UKIP leader ...... and unexpected turn of events !
Ladbrokes: Next Conservative leader
Theresa May 1/3
Andrea Leadsom 3/1
Michael Gove 12/1
Stephen Crabb 33/1
Liam Fox 66/1
CONSERVATIVE LEADER BETTING: Andrea Leadsom's odds keep getting better http://read.bi/29szXwT
Wow. Osborne must be removed now.
UK businesses are preparing a legal challenge to prevent #Brexit negotiations. http://cnb.cx/29asakB
Boiling things down to the essential elements , IMF tactics of fear-mongering pre-Brexit vote , now forgotten...
Very helpful primer on QMV...
Italy In Focus....
fred walton @fredwalton216
Getting close to hitting the wall - Italy's Banks are teetering on the brink....
- Referendum on Italian Senate reform: DB calls it a 50-50
- If Renzi loses it, he will resign.
- New 5S gov. could launch Euro referendum
“The single biggest risk on the European political landscape this year”
#Italy faces fight to shield bank investors in rescue, Fitch says. http://bloom.bg/29dpint
How to recap #Italy's banks: the Catch-22 situation! http://www.bloomberg.com/gadfly/articles/2016-07-04/paschi-shows-ecb-must-be-flexible-with-italy-s-bank-crisis …
Italian Banks situation , much more problematic for markets in Euripe , than Brexit...
Fitch: Public Funds to bolster #Italy's banks will be difficult. https://www.fitchratings.com/site/pressrelease?id=1008406 …
Italy is going to be the next hot spot for Europe , apart from its wobbling Banks , there is a political risk factor
Greece - News De Jour....
Farmer threatens to torch Thessaloniki PPC branch http://dlvr.it/Lk0Qxm
A year on, capital controls still biting http://dlvr.it/LjpL6S
Fraport Greece to primarily recruit local staff, chief executive says http://dlvr.it/Ljw6Gp
Emergency measure that feeds Greek crisis http://dlvr.it/Ljw6XX
COSCO deal will help Greece stand on its feet, Tsipras says http://dlvr.it/LjxDMm
Odds & Ends....
West and east NOC to reunify and hope to commence increased oil exports - https://www.libyaherald.com/2016/07/04/west-and-east-noc-to-reunify-and-hope-to-commence-increased-oil-exports/ …
1. NOC chairmen have united their divided admins in a new agreement, but some rhetorical disagreement emerges over HQ of NOC. #Libya
3. As some #Libya rival admins find common ground, the divided politics at play makes any agreement subject to uncertainty - unfortunately
4. Asked where oil revenues would go, Eng. Sanalla told me "it's up to Presidency Council to ensure the money is distributed fairly" #libya
Here we go ... Standard Life Investments has suspended trading on its £2.7bn UK real estate fund ( for at least 28 days , perhaps longer) ....redemption requests slammed fund after Brexit vote.
The first signs of post-Brexit financial stress: property fund suspended http://econ.st/29jCZDi
So three explosion in a day in Saudi Arabia. Suicide bombing in Jeddah and Qatif, and an explosion in Madinah.
Explosion & smoke at Masjid al-Nabawi in Medina #SaudiArabia
Suicide attack within al-qateef Shia mosque al Omran in Saudi Arabia
DAILY SABAH @DailySabah
LATEST — Explosions reported in Saudi Arabia near Masjid an-Nabawi in the holy city of Medina and predominantly-Shiite eastern city of Qatif
Images from suicide bombing attack in Saudi Arabia's al-Qatif Province #KSA
While bond prices have risen-shrinking returns mean Pension funds need to hold even more to cover liabilities.
PSOE leader Sánchez, who hasn't spoken in public since the election, spotted in Mojácar (south coast) by @tasregis.
UPDATE: Registered Unemployment Falls By 124,349 In June, Says Government https://www.thespainreport.com/newsitems/619-160704102908-update-registered-unemployment-falls-by-124-349-in-june-says-employment-ministry …
Bassman says Fed should offer to buy gold at a much greater price than present price - perhaps $5,000 an ounce ....
Simon Ting @simonting
The lower the CNY drops, the higher the mainland commodity prices.
Massacre since last Friday night section.
fred walton @fredwalton216
Silver squeeze in China....
Gov't skewered for not being able to safeguard Baghdad...and still using known fraudulent bomb detectors !
Thiam says Credit Suisse won’t be dismantled or sold as stock in race to bottom w/ Deutsche http://bloom.bg/29EGIdW
No evidence that the injured kid and his friends did anything wrong. Also seems as if a booby trap was set up.
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