How does a Central Bank run out of cash - or did the Central Bank really have that much actual cash to begin with ?
High denomination bills ( being phased out ) being deposited-extreme pressure exists to replace those bills with lower denomination bills.
This gives an idea of what's going on in India and the size of the bank lines...
In other news, India invents the reverse bank run
India's surprise anti-corruption measure results in bank run http://bit.ly/2fAGR5d
Gold Price Skyrockets In India After Currency Ban http://www.zerohedge.com/news/2016-11-10/gold-price-skyrockets-india-after-currency-ban …
INDIA PM SAYS FROM MIDNIGHT, WHICH IS NOV 8, CURRENTLY ISSUED 500, 1000 RUPEE CURRENCY NOTES WILL NOT BE LEGAL TENDER
War On Cash Strikes India: PM Scraps Some Currency Notes, Limits ATM Withdrawals To "Fight Corruption" http://www.zerohedge.com/news/2016-11-08/war-cash-strikes-india-pm-scraps-some-currency-notes-limits-atm-withdrawals-fight-co …
INDIA PM MODI SAYS SOME ATM MACHINES MAY NOT WORK ON NOV 9 AND NOV 10 -TV
Around The Horn - Europe.....
France joins UK in snubbing Emergency Meeting Regarding Trump.
First results coming in. Dodon leading in front of Sandu by 15 points. 70 % of vote counted. #moldova #alegerimd #election LIVE results: http://www.moldova.org/en/dodond-vs-sandu-presidential-elections-results-live-update/ …
Another domino to fall in the EU: Pro-Russia ex-air force general Radev wins Bulgaria presidential elections, PM Borisov to resign
RADEV WINS BULGARIAN PRESIDENTIAL VOTE WITH 58.1%: EXIT POLL
#BREAKING Opposition socialist-backed general wins Bulgaria presidential vote: exit polls
Monte dei Paschi board to meet Monday on debt conversion plan: source http://reut.rs/2f674aL
Good morning from Berlin on day5 after Trump. This chart shows that #Italy is the biggest loser of the global anti-establishment movement.
This chart shows that Italy is more vulnerable to populism than Spain. Italy's 10y ylds have risen by 30bps after Trump victory vs Spains 15
Renzi in the crosshairs as Trump victory emboldens Opposition from the right...
Mitsotakis out to sway undecided, disaffected voters http://dlvr.it/MfT5s2
Greeks 'need hope,' says US President #Obama. Exclusive interview with Kathimerini. http://www.ekathimerini.com/213673 #Greece
Doctors Without Borders: Refugees Trapped in Greece Suffering from Depression, Insomnia, Mental Health… http://dlvr.it/MfHNR3 #Greece
Greek Officials Hope Positive Obama Statement Will Influence Eurogroup Meeting in December http://dlvr.it/MfGzlG #Greece
Le Pen - Trump's win a "victory of the people against the elite" and said she hoped a similar electoral outcome could be achieved in France.
Crowds gathering at Place de la République as Paris pays respects on the anniversary of the attacks.
What happened in France after the Paris terror attacks: http://www.thelocal.fr/20161111/what-happened-in-france-after-the-paris-terror-attacks …
Opinion: An Absurd and Dangerous President http://dlvr.it/MfN13N
"Germany: Don't make the same mistake in 2017. AfD=Trump", at anti-Trump protest in Berlin today. @bzberlin
US Post Election / Transition Related News...
Reince Preibus leading contender for Chief Of Staff....
A top aide to President-elect Donald Trump says both Steve Bannon and Reince Priebus will serve in his future administration.
JUST IN: Trump condemns harassment of Latinos and Muslims http://hill.cm/pfk0iB5
“America’s done it, “ he added. “We’ve actually elected an internet troll as our president.”
As long as protesting is peaceful , it's all good. When the law is broken , protesters should expect the law to be enforced.
Anti-Trump protests continue throughout the country today, the fifth straight day of protests
It would go a long way if Hillary Clinton and POTUS spoke out against "violent rioting" , including throwing projectiles at police officers.
Trump plans to immediately deport approximately two to three million undocumented immigrants. After the border is “secure,” immigration officials will begin to make a “determination” about the remaining undocumented immigrants in the U.S. Border wall part will be built.
Pivoting from campaign trail to focus on governing continues.
Donald Trump isn't planning to create a deportation force to address the more than 11 million undocumented immigrants - Speaker Paul Ryan.
Economic weakness played a role in the results.
A top aide to President-elect Donald Trump says his White House win definitive enough he can make sweeping changes to national policies.
Sunday morning talking heads
If Laura Ingraham becomes Press Secretary , heads are going to start exploding around the Beltway...
I'm sure CNN is very confused right about about the "hostile press" causing HRC's loss on Tuesday...
Massive anti-Trump protests planned for Inauguration Day, police on alert http://go.inews.photo/MfXlGd
Trump adviser urges Obama, Clinton to speak out on protests - New York Post
Anti-Trump protests continue across US as 10,000 march in New York http://www.theguardian.com/us-news/2016/nov/12/anti-trump-protests-new-york-portland-shooting?CMP=Share_AndroidApp_Tweet …
Anti-Donald #TrumpProtests Sweep US for 4th Day http://abcnews.go.com/US/thousands-march-trump-tower-fourth-day-protests/story?id=43494086 … I was part of it in DC last night @ the white house.
Portland PD report - dozens of arrests stemming from last night's protest.
#UAE Embassy in LA warns expat Emiratis to steer clear of Donald #Trump protests #clashes in US http://7days.ae/emiratis-warned-stay-clear-donald-trump-protests-us/96594 …
(LA Times) #Boisterous anti-Donald #Trump protests continue late Saturday night in Los.. http://www.inusanews.com/article/15055661511/boisterous-trump-saturday-los-angeles-anti-donald-protests-continue …
AJC: How an incorrect tweet about Trump protests became a national conspiracy theory
31 things happened to help Trump to win the presidency: http://ow.ly/mXKm3065xrm
Odds & Ends.....
Balance of power has begun to shift within the middle East and KSA position as central pillar , is eroding.
Dignity Operation spokesman: Fighting Presidential Council forces is looming http://www.libyaobserver.ly/news/dignity-operation-spokesman-fighting-presidential-council-forces-looming …
Mohamed Sawan: Participants of the Malta meeting agreed that the HoR must amend the Constitutional Declaration
Idris al-Mughrebi: The OilCrescent is a lifeline for Libyans and [used to] produce about 1.3 million barrels of oil per day #Newsroom
Idris al-Mughrebi: If we manage to avert armed conflict in the OilCrescent we can spare our people further crises and suffering #Newsroom
Idris al-Mughrebi: Parties in the east, west and south discussing the OilCrescent situation mostly want to avert war #Newsroom
When #Mosul airport falls & Ghizlan camp is under #Iraq sec forces, #Mosul is over. Clearing d city will take time not liberating it #Iraq.
Current situation in Mosul city Green: Under ISF control Red: Clashes/contested White: ISIS
Important tweet from Mosul Eye on current situation in Mosul , Iraq....
1of the reasons why #Iraq sec forces r pushing east (& ready2 launch n attack on Mosul airport S) 2raise Iraqi flag over gov bldg in #Mosul.
#Russia | Energy Ministry invited to meeting of experts from #oil producing, #OPEC countries. says Novak sunday. Interfax. #OOTT
#SaudiArabia | Khalid al-Falih in #Algeria: #OPEC should reach fair agreement with a "freeze" to an agreed threshold for #Iran. APS. #OOTT
#SaudiArabia | Khalid al-Falih in #Algeria sunday: #OPEC should reach fair agreement, enabling #Libya & #Nigeria to increase prod. APS #OOTT
#SaudiArabia | Khalid al-Falih in #Algeria sunday: Algeria will manage to help all #OPEC countries to reach consensus. APS. #OOTT
#SaudiArabia | Khalid al-Falih in #Algeria sunday: “I am optimistic. We are on the right path. Vienna meeting will be successful” APS #OOTT
More production coming on line from Iran over the next several years....
Meantime, #Iran officially opens 3 new #oil fields: North Azadegan, Yadavaran and North Yaran http://www.shana.ir/en/newsagency/272834/West-Karoun-Crude-Production-Capacity-to-Cross-300k-b-d … #OPEC #OOTT
‘We are watching’: Russia’s fight to take Aleppo for good is about to begin http://ow.ly/x4qT3065jVk
Rebels reportedly reach outskirts of city of al-Bab in N Aleppo after Turks sent additional forces into pocket.
Hawar Kilis Op Room says al-Bab battle started this morning after capturing Swesian, Awlan, Dana, Qadiyran, Jabal Deir, Hadath, Qubet Sheikh
SAA send text messages to every phone in east #Aleppo asking terrorists to surrender before the launch of "strategic attack" in 24h
Purge continues in Turkey , silence from EU & West continues...
Wow. EU says considering economic sanctions on Turkey over growing crackdown http://www.dw.com/p/2ScUg?tw
Turkey purged 310 officers from navy today. Here is the full picture:
BREAKING — Turkey issues travel warning for the U.S. over ongoing anti-Trump protests http://sabahdai.ly/SeiJi3
Turkish president invites Donald Trump to Turkey http://hry.yt/lzHZr
Turkish Defense Ministry suspends 291 military personnel http://hry.yt/WZAOc
Earthquake revised up to 7.8 from 7.4...
The Latest: New Zealand officials say powerful quake generated tsunami, with first waves hitting the South Island.
UPDATE: New Zealand quake revised from magnitude-7.4 to magnitude-7.8; plus entire east coast under tsunami threat http://abcn.ws/2g7nmnY