Catharsis Ours: Economic News , Data & views......August 14 , 2016 ...... Sunday Quick Hits : 1. Target 2 Inbalances Within EZ In Focus - Italy , France , Spain , Germany And ECB Itself Warrant Scrutiny . 2. Greece In Focus - Refugee Crisis Quietly Raising Its Head Again In Greece , Greece Attempts To Reboot And Grow Its Economy Will Face Various Headwinds. 3. Turkey In Focus - News Of The Day From " Post - Failed Coup & Ongoing Purge" Turkey. 4. Swiss Train Attack Follow Up - Both The Swiss Attacker & One Of His Victims Have Passed Away . 5. Odds & Ends.

Doug Noland's Weekly Missive - " Inflation"

Credit Bubble Bulletin: Weekly Commentary: Inflation http://creditbubblebulletin.blogspot.com/2016/08/weekly-commentary-inflation.html?spref=tw …
Always a great read - this week's missive "Inflation."

ECB / EZ

‏@Schuldensuehner

EZ inbalances rise again: Germany hold largest claims on Target2, matched by significant liabilities in #Italy&Spain

‏@Schuldensuehner

Goldman: One feature revealed in the new #ECB data is the substantial liability of the ECB itself towards Target 2.

‏@Schuldensuehner

Bundesbank has 3rd highest leverage. Thin cap buffer means Buba may need German govt support in case of losses. (GS)

‏@Schuldensuehner

ANFA portfolios (NCBs hidden purchases) not insignificant notably in #Italy, #France, #Ireland and #Spain. (via GS)

Greece.....

‏@HDNER

Turkey-Greece spat continues over Cyprus issue http://bit.ly/2b7bGxa 

‏@fredwalton216

Greece caught in a trap...

Robert Went @went1955

With ongoing austerity and low demand, Greece was never going to manage any sort of growth or budget surplus https://www.theguardian.com/world/2016/aug/14/greece-crisis-bailout-austerity-recession?CMP=twt_gu …

‏@koppeu1

#Greece Mouzalas spoke about transferring refugees from the eastern Aegean islands to the mainland 
http://greece.greekreporter.com/2016/08/13/greek-migration-minister-refugee-flows-from-turkey-manageable/ …

‏@NickMalkoutzis

Aid & Attention Dwindling, Migrant Crisis Intensifies in Greece. By @LizAldermanNYT with @DimitrisBounias & @boublis http://nyti.ms/2aJmlAl 

‏@keeptalkingGR

#Germany to send 3,000 refugees back to #Greece ... to #Crete http://www.keeptalkinggreece.com/2016/08/14/germany-to-send-3000-refugees-back-to-greece/#.V7AQ0LdrCEY.twitter …

‏@keeptalkingGR

#Greece is nuts! Greeks will have to declare to tax office even cash below 100 euro #taxes http://www.keeptalkinggreece.com/2016/08/14/greeks-will-have-to-declare-to-tax-office-even-cash-below-100-euro/#.V7AYtfm1P8E.twitter …

‏@KenRoth

EU has largely abandonned 57,000 refugees and migrants stuck in (financially broken) Greece. http://bit.ly/2beCEpk 

‏@YanniKouts

#EU anti-terror police to track extremists at #Greece migrant camps http://ow.ly/fyWo303cQGK 

‏@ianbremmer

Migrants into Greece. Not since that EU deal. We'll see how long it holds... 

Turkey.....

‏@fredwalton216

fred walton Retweeted dwnews

Note , Erdogan visited several nations in Africa back in May in a bid to obtain closure of Gulen schools there.

dwnews @dwnews

#Erdogan's bid to close #Gulen schools in #Africa opposed http://dw.com/p/1Jh8Z  

‏@fredwalton216

Turks themselves seeking to flee Turkey , apart from refugees seeking to come to Europe.

Al-Monitor @AlMonitor

#Turkey-#EU tensions on rise after failed coup, threatening to derail deal to stop refugee flow http://almon.co/2pzg  @zulfikardogan57

‏@HDNER

Turkey’s reputation hit with coup attempt, says Deputy PM Şimşek http://bit.ly/2b736ii 

‏@HDNER

43 journalists arrested, while 100 with detention warrants after Turkey's coup attempt http://bit.ly/2b72Srk 

‏@politico

.@VP Joe Biden to visit Turkey as tensions soar http://politi.co/2aT36pc  | AP Photo

‏@fredwalton216

Turkey proposed that Berlin city officials actively oppose supporters of US-based Islamic cleric Fethullah Gulen.

dpa international @dpa_intl

Turkey asks Berlin mayor for crackdown on Gulen supporters in German capital: http://dpaq.de/SYkGo 

‏@ReutersWorld

Turkey summons Austria charge d'affaires over 'indecent' report 

‏@MahirZeynalov

Turkey sets up concentration camps for Gulenists.

Swiss Train Attack Follow up...

‏@fredwalton216

The attacker on the swiss train has also passed away from his injuries.

BBC Breaking News @BBCBreaking

Man who carried out arson & stabbing attack on Swiss train dies from his injuries http://bbc.in/2aLrHuD 

‏@fredwalton216

Sadly , one of the train passengers has passed away. Still not clear what caused this person's senseless actions.

The Daily Star @DailyStarLeb

Woman dies of injuries after Swiss train attack: police http://bit.ly/2bqEgsr 

Odds & Ends.....

‏@AP

BREAKING: IOC spokesman: Report that swimmer Lochte robbed at gunpoint 'absolutely not true,' according to Lochte and USOC.

Some controversy about this incident ( IOC denies it.) But Rio definitely not a safe venue. https://www.thesun.co.uk/sport/rio-olympics-2016/1592146/rio-olympics-2016-olympic-swimmer-evgeny-korotyshkin-takes-chilling-picture-of-gun-slinging-masked-children-as-they-rob-him-in-rio/ …

Deadspin @Deadspin

Update: Ryan Lochte's mother tells @USATODAYsports he was indeed robbed at gunpoint http://deadsp.in/AKNKeWP  

‏@businessinsider

Brexit may take until late 2019 due to UK's government being too 'chaotic' http://read.bi/2b7c1Aa 

‏@Independent

Brexit 'will be delayed for at least another three years' http://ind.pn/2b72h8V 

‏@sayed_ridha

SDF form "al-Bab Military Council" in preparation for operations to capture the city from IS

‏@fredwalton216

Sketch for a suspect released - no "evidence " yet this was an intended hate crime. Investigation just started.

The Guardian @guardian

Imam's killing called 'hate crime' by Muslims as NYPD hunts for suspect http://trib.al/pc3cESo 

‏@Independent

An imam was murdered in New York and the community is blaming Donald Trump http://ind.pn/2bfhIgC 

‏@tarapalmeri

>20 anti-EU migration billboards on road to Budapest airport ahead of ref, 1 links #Parisattacks to #refugee policy

‏@RT_com

URGENT: At least 10 injured as blaze strikes German refugee center – reports (PHOTOS, VIDEO) http://on.rt.com/7mlx 

‏@IntellFusion

Rival locals and north African youths armed with knives clashed in #Bastia #Corsica , up to 500 people involved

‏@fredwalton216

Should be the subject of a inquiry by Parliament....

Pieter Cleppe @pietercleppe

Mastermind of #Brusselsattacks was freed out of US prison in Iraq in 2010 after lobbying by Belgian govt & Amn. Int. http://deredactie.be/cm/vrtnieuws.english/News/1.2738754?devicetype=mobile …

‏@NBCNews

Violence erupts in Milwaukee after fatal police shooting http://nbcnews.to/2bfHzGD 

‏@Bruegel_org

#Italy ’s bail-in headache by @SMerler http://bru.gl/2aPxpau 

‏@Lyobserver

Misrata-led forces clash with #ISIS militants in residential area 2 and Hindiya buildings in #Sirte

‏@alwasatengnews

Canadian firm shipped 131 armored cars to #Libya despite UN warning
http://www.cbc.ca/beta/news/politics/streit-libya-un-1.3711776 …

‏@alwasatengnews

#Libya has highest youth unemployment rate in the arab world
http://econ.st/2b29Crk 

‏@dwnews

Summer over for #Merkel: #Putin, #Erdogan, Seehofer await http://dw.com/p/1Jhq4 

‏@thespainreport

Ciudadanos does not "believe that Mariano Rajoy is the right person to lead a new phase".
https://www.thespainreport.com/articles/836-160814125111-rivera-begs-psoe-support-for-pp-on-front-page-of-el-pais-but-admits-rajoy-is-not-up-to-the-job …

‏@fredwalton216

Shameful !

Hisham Al-Omeisy @omeisy

Why isn't anyone demanding answers from Saudi in aftermath of deadly airstrike killed kids? UN Carte Blanche? #Yemen 

‏@brownjen

Sunday's front page of @theadvocatebr.

‏@cajunmiracle

@rebekahallen This is all #flooding in Tigerland by #LSU. #lawx #BRflood #LouisianaFlood #Flood2016

Catharsis Ours

Sunday, August 14, 2016

No comments:

Post a Comment