Markets...
Credit Bubble Bulletin: Weekly Commentary: The Perils of a Resurgent Chin... http://creditbubblebulletin.blogspot.com/2016/10/weekly-commentary-perils-of-resurgent.html?spref=tw …
Good morning from Berlin. Global stock markets have lost $426bn in this week as investors appear to be in de-risking mode on tapering fears.
"It’s surprising how quickly we’ve reached this situation"
(it's really not)
ECB prices itself out of corporate-bond market as yields of some notes are too low to be eligible for buying program http://bloom.bg/2e9MVoC
Ouch! #Italy debt tops 150% of GDP if the underground and illegal economy are excluded. http://bloom.bg/2dPy7YY
#Fed’s Dudley expects a rate increase this year in consensus w/ the markets. http://on.wsj.com/2dCwnAm
US Treasury criticizes #Germany's 9% GDP trade surplus and export-reliant economy.
US tones down criticism of #China and other trading partners in new currency report. No country named a currency manipulator.
Greece....
This week, 15 Greek schools welcomed for the 1st time refugee and migrant children from close accommodation camps. #MigrationEU @UNmigration
Scraping Up From Pension Solidarity Fund to Pay Off Needs of Self-Employed http://dlvr.it/MSJCPL #Greece
ALCO Poll Places ND Ahead, But ‘Nobody’ Is Winning Fight Against Corruption http://dlvr.it/MSHnN0 #Greece
Greece’s Turn? Former Greek PM Papademos Says Debt Relief Is Just Part of Solution http://dlvr.it/MSHnGz #Greece
Council of State Delayed by Bomb Hoax and Adjourned Without Voting on TV Tender http://dlvr.it/MSFm7y #Greece
EU Commissioner Avramopoulos Says Migrant Crisis Is Better This Year http://dlvr.it/MSFJ7d #Greece
#Greece Jan-Sep budget execution: €5.45bn primary surplus (3%/GDP !), €606ml sur+ (0.3%/GDP).
€1.5b plus in tax revenue, €2.5b less expenses
#Greece arrears payments of 915 mln in Aug bring total to 1.4 bln over two months https://shar.es/1EhKhh #economy #eurogroup #esm #ec
Germany...
According to Welt am Sonntag, "Deutsche Bank may be forced to shrink its U.S. activities as part of the settlement deal with the DOJ."
EU reiterates admonishment of #Poland over constitutional standoff http://dw.com/p/2RG74?maca=en-tco-dw …
Germany will send back most Nigerians, Merkel warns https://www.thelocal.de/20161015/the-well-being-of-africa-is-in-germanys-interest …
Germany threatens "legal penalties" if Facebook and Twitter fail to combat hate speech https://www.thelocal.de/20161015/germany-threatens-facebook-with-hate-speech-law …
Brother of terror suspect #Albakr threatens revenge against the 3 Syrian refugees who turned him in. The full story: http://dw.com/p/2RGJq
Isis bomb plot suspect was radicalized in Germany, brother claims https://www.thelocal.de/20161014/isis-suspect-was-radicalized-inside-germany-brother-claims …
73% of Germans think that there will be a terror attack in Germany soon.62% think that enough is done to prevent terror attacks - @ZDF poll.
Germany, Forschungsgruppe Wahlen poll:
CDU/CSU-EPP: 34% ↑
SPD-S&D: 22%
AfD-ECR: 13%
GRÜNE-GREEN: 12% ↓
LINKE-LEFT: 10%
FDP-ALDE: 5%
Germany, Forsa poll:
CDU/CSU-EPP: 34% ↑
SPD-S&D: 22%
AfD-ENF: 12% ↓
GRÜNE-GREEN: 11%
LINKE-LEFT: 10%
FDP-ALDE: 6%
#btw17
Angela Merkel’s CDU/CSU party has fallen to an all time low, only obtaining 29.5% (-0.5) in a new Insa poll for Bild. This is the first time
MENA Items ....
Libya....
Arriving via Italian frigate&sequestered on a navy base,speculation swirls on how GNA will regain access to #Tripoli
#Libya Several Tripoli sources saying situation on the streets now is calm.
EU calls on PC to "rapidly strike a compromise on an inclusive new [cabinet] proposal" and on HoR to hold vote in "fair and orderly manner"
#Libya UN and EU have both condemned Friday's attempted Tripoli coup. No clear sign yet how local forces are responding.
UNSMIL, EU & Western ambassadors to Libya condemn takeover of #StateCouncil HQs in Tripoli by members of exGNC,reaffirm support for GNA &LPA
#Libya UN envoy condemns coup attempt
#Libya BREAKING: UN condemns Tripoli coup.
PC: [The perpetrators of t takeover] who were proven unable to lead the country now want to form parallel institutions & destabilize Tripoli
PC: We gave immediate orders to MoI & security agencies to correspond w/ Prosecutor General & arrest those who planned & staged the takeover
GNA PC condemns yday's takeover of Tripoli Congress hall by "armed group", says it will "deal with it w/ all its might" to defend govt bldgs
#Libya UN-backed Libya government chiefs were in Tunisia discussing new cabinet when former government announced takeover of Tripoli Friday.
State Council: We are continuing our work with the proper authorities. #Libya
http://alwasat.ly/ar/news/libya/121084/ …
Source: Bunyan Marsous forces in complete control of the Manara neighborhood in #Sirte. #Libya
http://alwasat.ly/ar/news/libya/121091/ …
#Libya UN-backed government condemns Tripoli coup
Sirte #Libya: 65+ injured Fri for Misrata. Casualties for #ISIS/#Daesh? None reported
Silent media w/Cheney: #GenevaConventions don't apply
11 hours
#Libya BREAKING: Former Tripoli (Salvation) government declares UN-backed government State Council void, captures its Tripoli HQ.
#Libya Coup attempt comes with Tripoli enduring militia skirmishes, power cuts, money shortages, diplomats highlighting spate of kidnappings
Syria
NEW MAP: Military situation West #Ghouta region near #Damascus. #Syria
HD map: http://imgur.com/a/gmv3h
So much for that...
In reply to Laura Rozen
fred walton
@lrozen wowser.....
meeting agrees to more meetings
interesting:
#BREAKING: International peace talks on Syria begin in Lausanne after Kerry meets separately w/ Saudi & Russian FMs - via @AFP
#SYRIA: Deputy head of @SyrCoalition Abdel Ahad Stefo tells @AFP without Syrian participation, Lausanne talks will lead to more bloodshed.
#SYRIA: On the schedule today:
-Bilat b/w Kerry & Saudi FM al-Jubeir
-Bilat b/w Kerry & Russian FM Lavrov
-Multilateral talks in afternoon
#SYRIA: World powers meeting in #Lausanne today to try, once again, to chart a path to a ceasefire/political settlement to devastating war
#Russia's only aircraft carrier Admiral Kuznetsov left its base, heads towards the waters off #Syria http://thebarentsobserver.com/en/security/2016/10/aircraft-carrier-left-murmansk-heads-towards-syria … /ht @carlbildt
TAKBIR
"The group consists of the aircraft-carrying heavy cruiser Admiral Kuznetsov, the Pyotr Velikiy battlecruiser, ....
...... large anti-submarine ships Severomorsk and Vice-Admiral Kulakov and support vessels,"
This week, the Kremlin claimed @BorisJohnson was suffering from "Russophobic hysteria" over #Syria https://themoscowtimes.com/news/kremlin-boris-johnsons-syria-claims-russophobic-hysteria-55695 … #aleppo
Putin & Xi have in common suppression of growing domestic dissent but even Xi won't endorse Putin's Syria slaughter. http://bit.ly/2e0MGt4
Obama meets with national security team on Syria, Islamic State http://reut.rs/2ddDof7
Canada is pushing for emergency UN General Assembly session on Syria to circumvent Russian veto in Security Council. http://bit.ly/2dSpL6m
Somewhat obscured by the U.S. election this week: The implosion of relations between Russia and the West http://nyti.ms/2dU64v5
Syria's Aleppo pounded as Assad vows to "city" ahead of Saturday truce talks http://aje.io/5vy2
As always, Putin wants to put himself in the strongest position when Syria talks resume http://nyti.ms/2dQF7ok
Though US ended talks with Russia on Syria, Pres backing other intl efforts to reduce bloodshed & seek diplomatic end to civil war in Syria.
WH statement says Pres Obama used NSC meeting to cite top priority of preventing attacks on US & countering ISIS/al-Qa'ida terror threats.
At NSC meeting today, Pres Obama reaffirmed "aggressive campaign" against ISIS and intl talks to reduce conflict in Syria, says WH.
The U.S. has a long history of pressing for “regime change” in Syria. http://www.counterpunch.org/2016/10/14/an-urgently-necessary-briefing-on-syria/ …
#SYRIA Report of the Russian Centre for reconciliation of opposing sides (October 14) http://s.mil.ru/2dCwEDo
ICYMI !
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