Markets & Market Moving News.....
5 Day Relative Performance v #USD (17-21 Oct)
Senior officials indicated they are prepared to ignore any order from Juncker as the growing war of words between Italy & EU escalated.
Fitch upgrade Cyprus to BB- from B+, Outlook pos, citing strong progress in adjustment after 2013 banking crisis. https://www.fitchratings.com/site/pr/1013541
As if #CETA isn't enough, the EU may well hear from Dutch PM Rutte that the Netherlands won't ratify EU-Ukr Treaty
Well , I guess the French figured why not give that a go ?
CETA looks like it could come to pass - some time down the road , once the EU addresses the concerns of Wallonia.
@WEAYL @minefornothing Looks like EU will try to ram through trade deal despite Wallonia objections next week. https://euobserver.com/tickers/135602
Looks like Talks are over for now between Wallonia & Canada...Remaining issues to be resolved w/i EU-Wallonia still looks for a bette deal.
Brexit can't come soon enough
#EU Parliament speaker Schulz meeting with #Canada IntlTradeMin Freeland & #Wallonia PM Magnette in a new try to bridge differences on #CETA
In case you missed pleasant surprise: Eurozone Debt/GDP ratio revised lower for end of 2015 to 90.4% from 90.7; 1st drop since 2007 (via AP)
Good morning from Berlin. Global stocks gained $264bn in mkt cap this wk on global reflation trade. EZ periphery outperformed due to Banks.
Renzi explains why sanctions against Russia were deemed not productive....
Italian Prime Minister Renzi blocks German/French/UK demand for tougher sanctions against Russia at EU summit.
European Council conclusions, 20-21 October 2016: http://ow.ly/CxSv305oWVT #EUCO #Syria #MigrationEU #trade
China-Philippines , US-Philippines , Russia -Philippines....
In light of China & Philippines ties become tighter - don't be surprised that Vietnam grasps which way winds blow. https://www.youtube.com/watch?v=2Mb3CoWwNyY …
Duterte step toward China , could very well be a huge game changer in South China Seas....
Russia attempts to draw Duterte close....
Dealing with Duterte - latest challenge for US in foreign policy...
Major breakthrough: China-Philippines agree to resume #SouthChinaSea talks https://asiancorrespondent.com/2016/10/major-breakthrough-china-philippines-agree-resume-south-china-sea-talks/ … @AsCorrespondent
Philippines' Duterte says will not sever US ties after announcing 'realignment' to China https://www.hongkongfp.com/2016/10/22/philippines-duterte-says-will-not-sever-us-ties-announcing-realignment-china/ …
Rodrigo Duterte’s 1st meeting w/ Xi Jinping suggests bilateral rapprochement on range of issues http://thediplomat.com/2016/10/philippine-president-rodrigo-duterte-meets-xi-jinping-first-takeaways/ … #Philippines #China
“Justifying Duterte — The War on Drugs and The China Strategy” by @rnnslow https://medium.com/@rnnslow/justifying-duterte-the-war-on-drugs-and-the-china-strategy-72637811623d#.fpvqym8ht … Finally the Philippines matters again
Odds & Ends..... MENA
Many were very excited about #ISIS attack in #Kirkuk. It is over now. No more #ISIS in the city. #Iraq.
Following a meeting w/ #USA sec of Defense Ashton Carter in #Baghdad, #Iraq PM Haidar Abadi rejects any #Turkish participation to #Mosul ops
BREAKING: Iraqi official says Islamic State assault on Kirkuk killed at least 80 people, mostly security forces.
Erdogan: Our current borders are not something that we accepted voluntarily. Our founding fathers were actually born outside these borders.
#Barzani and #McGurk Discuss #Mosul Assault - #BasNews http://www.basnews.com/index.php/en/news/kurdistan/306504 …
ISIS war crimes in Mosul - on Mosul civilians....
After the "War Games" - when does reconstruction begin ? Whether Ramadi , much of Syria or Libya is considered , that's an open question .
Hawija is 20 miles from Kirkuk.
Images from Daquq, #Kirkuk where Coalition aircraft airstrikes on Shiite women congregation resulted in at least 16 deaths.Many injured.
Interesting that elected officials think it is fine to hand over power to the military. Did they have some encouragement?
Something to take note of !
city girl @citygirlabroad
Kobler's response to the #Tripoli 'coup'
Italy dismisses claims by Zintani brigade of Italian troops in Jufra airbase as “absolute nonsense” - https://www.libyaherald.com/2016/10/22/italy-dismisses-claims-by-zintani-brigade-of-italian-troops-in-jufra-airbase-as-absolute-nonsense/ …
#Libya forces free five foreign captives from #ISIS in #Sirte http://www.reuters.com/article/us-libya-security-idUSKCN12K2ME …
BM edges forwards in Sirte and US warships change guard - https://www.libyaherald.com/2016/10/22/bm-edges-forwards-in-sirte-and-us-warships-change-guard/ …
#Libya Italy says it will not intervene militarily in Libya
“The only things that we can find in abundance are diseases and despair." -the UN's #Libya envoy @KoblerSRSG #UNSMIL Wednesday What the...
#Libya: US reduces Marines and shifts from fighter planes to attack helicopters http://www.stripes.com/news/uss-san-antonio-joins-libya-operation-1.435175 … http://www.military.com/daily-news/2016/10/21/uss-san-antonio-to-begin-airstrikes-on-isis-in-libya.html … #Sirte
Migrants to Europe by sea are now using the Libya to Italy route. It is far deadlier than crossing from Turkey http://econ.st/2eOXNIg
#Libya | 120 armed vehicle from Misrata's ElMarsa+315 Brigades tour capital Tripoli tonight in a show of support for former parliament (GNC)
Libyan coastguard allegedly attacks rescue NGO & refugee boat; 4 dead — @seawatchcrew. Their statement:
LIVE - President Erdoğan: Turkey is 'obliged' to proceed towards al-Bab city, Syria
#Syria #Aleppo: Rebels and Jihadists prevented civilians from leaving E. Aleppo for the third day. Jihadists & rebels attack 1070 apartments
Today is the last day offered by #Russia for Jihadists and rebels to exit and allow civilians to leave willingly from E. #Aleppo.
Pro-#AQ analysts advertising4 Jihadists & rebels reception of modern and large quantity of weapons, preparing for a new offensive #Aleppo +
#USA admin & regional allies sending weapons, Jihadists +rebels prepared 2attack, so is the other side = #Aleppo mother of all battles ahead
As I mentioned earlier, the path has now been laid for #Aleppo offensive to re-break siege. Final preparations being made #ملحمه_حلب_الكبرى
#pt: Regional states have provided substantial support to buttress the offensive. Focus will be from SW #Aleppo, w. a support front from NE.
#pts: Forces inside #Aleppo are also launching raids on areas in the city’s north, like al-Mallah, Handarat etc. Consequential 24hrs ahead.
#pts: Euphrates Shield forces will concentrate their attack on SDF in Tel Rifat, while launching stand-off attacks on regime in NW #Aleppo.
#pts: Reliable source tells me the main objective will be to re-capture Castello Road (a touch job) from #Aleppo’s NW (Kafr Hamra, Hreitan).
#pts: Core forces involved in that push from NW will be: - Ahrar al-Sham - Zinki - Jabhat al-Shamiya - Free Idlib Army - Fastaqm Kama Umirt
#pts: Source says the impetus & most of planning for this latest offensive largely excluded JFS, but the jihadi group will join the battles.
Russian General Staff: Humanitarian pause in Aleppo extended for 24 hours http://bit.ly/2euf4Dv
How the USA, Russia, Iran, al-qaida and ISIS benefit from Assad in power My take http://alrai.li/gfnlr8w via @AlraiMediaGroup #Syria
#Syria situation report: October 13-20, 2016 http://understandingwar.org/backgrounder/syria-situation-report-october-13-20-2016 …