Markets....
Credit Bubble Bulletin: Weekly Commentary: Just the Facts http://creditbubblebulletin.blogspot.com/2017/01/weekly-commentary-just-facts_21.html?spref=tw …
Doug Noland's Weekly Offering - "Just The Facts "
3,000 people ordered to evacuate after fire breaks out at Wakayama Prefecture oil refinery
Latest from #OPEC / non-OPEC meeting:
#SaudiArabia says 1.5mb/d taken out of market
#Saudi sees no reason for longer, deeper cuts
#OOTT #oil
Saudi minister says 1.5 mbpd of oil already removed from market
Dollar’s Trump trade approaches inflection point as yields rise.
https://www.bloomberg.com/news/articles/2017-01-22/dollar-s-trump-trade-approaches-inflection-point-as-yields-rise …
Global bond markets have lost $105bn in value this week following US inflation data as well as hawkish commentary from Fed's Yellen & others
News Links For Saturday & Sunday .....
Sunday's News Links
[Bloomberg] PBOC Conducts 60 Billion Yuan of China Open-Market Operations
[Reuters] China party paper says no 'provocation' can stop its military drills
[NYT] Leaders Abroad, Joyful or Wary, Face Uncertainty of Trump Era
[Reuters] China party paper says no 'provocation' can stop its military drills
[NYT] Leaders Abroad, Joyful or Wary, Face Uncertainty of Trump Era
Saturday's News Links
[Reuters] Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power
[Reuters] Merkel vows compromise with U.S. on trade, military spending
[Bloomberg] Merkel Scours Trump Archive for Clues on How to Read Him
[Reuters] French far-right leader Le Pen calls on Europeans to 'wake up'
[Bloomberg] EU Populists See Trump Victory as Beginning of End for Old Order
[Reuters] Asian media decry isolationist Trump, fear economic, diplomatic turmoil
[The Hill] Five takeaways from Trump's inauguration
[UK Independent] Chinese media warns of 'dramatic changes' and 'fires being lit' as President takes office
[Spiegel] Donald Trump and the New World Order
[NYT, Irwin] Presidents Have Less Power Over the Economy Than You Might Think
[WSJ] President Trump Issues Directives on Regulatory Freeze, Affordable Care Act
[Washington Post] Europe’s nationalist leaders kick off year of election hopes
[Reuters] Merkel vows compromise with U.S. on trade, military spending
[Bloomberg] Merkel Scours Trump Archive for Clues on How to Read Him
[Reuters] French far-right leader Le Pen calls on Europeans to 'wake up'
[Bloomberg] EU Populists See Trump Victory as Beginning of End for Old Order
[Reuters] Asian media decry isolationist Trump, fear economic, diplomatic turmoil
[The Hill] Five takeaways from Trump's inauguration
[UK Independent] Chinese media warns of 'dramatic changes' and 'fires being lit' as President takes office
[Spiegel] Donald Trump and the New World Order
[NYT, Irwin] Presidents Have Less Power Over the Economy Than You Might Think
[WSJ] President Trump Issues Directives on Regulatory Freeze, Affordable Care Act
[Washington Post] Europe’s nationalist leaders kick off year of election hopes
US Politics....
Trump tweet topics (still @realDonaldTrump not @POTUS) on Day 3:
-pushback on criticism of CIA speech
-marchers should've voted
-TV ratings
Trump message to Sunday political shows: First trip to a federal agency went well; didn't disrespect wall memorializing fallen CIA officers.
Good morning from Berlin where Trump's uncompromising pledge to put “America first” & his aggressive rejection of globalism scare people.
Graham will vote for Tillerson: http://hill.cm/jDmi1vZ
.@SenJohnMcCain is a "yes" on the Tillerson nomination. All eyes still on @marcorubio
This comes from Pompeo's post-hearing written answers to Qs. Note Pompeo has repeatedly stated these techniques are *currently* prohibited
Re: the Pompeo nom, this is what Dems are flagging as an answer they've got a problem with when it comes to waterboarding/torture:
Lawsuit will be filed-remains to be seen if it has legs. Payments to corporate entities not same as payment to D.T.
This is being described as a reception of sorts, but Trump's Hill agenda to be discussed
Senate Commerce Committee announces Tuesday panel vote on Wilbur Ross (Commerce)/Elaine Chao (Transportation) cabinet nominations.
McConnell predicts Senate will confirm Trump's entire Cabinet http://politi.co/2k4doCt
White House readout of Pres. Trump's call with Israeli PM @netanyahu
Trump Administration will take hard tack against China , looking at potential Cabinet members statements....
Donald Trump indicates he plans to seek a second term !
Pres. Trump says Jan. 31 meeting w/ Mexican Pres. @EPN will focus on NAFTA
The U.S. Attorney’s Office said that felony rioting is punishable by up to 10 years in prison and a fine of up to $250,000.
Trump Administration will take hard tack against China , looking at potential Cabinet members statements....
Boris Johnson excited by prospects of a US-UK trade deal...
No announcement today of US Embassy moving to Jerusalem ..... and very early in discussion phase.
Trump will attend GOP retreat in Philadelphia Thursday, Priebus said on Fox News Sunday. House/Senate Rs gathering for 2-day planning mtg.
JUST IN: Conway: Trump administration will "rethink" relationship with the press http://hill.cm/RQPHISu
There are no longer any rules of engagement in political warfare
Report: Trump thought Spicer went too far at yesterday’s press conference
Priebus on media: "We are going to fight back tooth and nail every day" http://hill.cm/0UYxEWB
Priebus dismisses former CIA boss Brennan as 'bitter' http://politi.co/2kfoILb
McCain and Schumer: Don't end Russian sanctions without Congress http://politi.co/2jlUnuo
Trump Administration now just admitting the president won't release his taxes & dropping the flimsy audit excuse.
First reaction from the president on the crowds of hundreds of thousands of women who marched yesterday.
These Muslim teens just went to their first women's march. They could have led it. http://huff.to/2kdtlWe
The Women’s March Had A Message For Trump: Delete Your Account https://www.buzzfeed.com/charliewarzel/the-womens-march-had-a-message-for-trump-delete-your-account?bftwnews&utm_term=4ldqpgc#4ldqpgc …
Women's march protesters leave their signs at Trump's DC hotel
http://hill.cm/NqjNE6r
SCOOP @JenniferJJacobs Trump already in talks on post-Brexit trade deal. Aides think boosted May's EU hard line https://www.bloomberg.com/politics/articles/2017-01-21/britain-s-may-mexico-s-pena-nieto-to-meet-with-trump-this-month … via
Full transcript of President Trump's remarks to @CIA, as delivered https://docs.google.com/document/d/1jSf6Uxm2u2aPjyQsms-Iir6_0R2aMznB8ttribH9-R0/edit?usp=sharing …
UK's Theresa May is "coming over to our country very shortly," Trump said at CIA. (She hopes to fly out to DC Thursday, @Telegraph says.)
Huge applause & cheers when Trump is introduced as coming to CIA HQ on his first full day in office-so different than media focus on Brennan
Trump's makes "clear the air" stop at CIA today...
Europe In Focus.....
Greece....
Greece’s supreme court will decide on Monday fate of eight Turkish military officers who fled their country after last year’s attempted coup
Greece Must not be Presented with Forever Greater Demands, Moscovici Notes http://dlvr.it/N9nGmC #Greece
FinMin Tsakalotos: Greece has Ruled Out Legislating Measures for 2019 at this Time http://dlvr.it/N9nGls #Greece
Gov’t divided over how to plug gaps in the civil service http://dlvr.it/N9fl4Z
As Tsakalotos seeks to restart review, PM must keep lid on SYRIZA dissent http://dlvr.it/N9PGwg
Technical glitch causes power cuts in northern Greece http://dlvr.it/N9PGtw
Davos.....
The end of globalization? Davos disagrees http://wef.ch/2jUVcLr #wef17
The disintegration of Europe was a source of angst at Davos http://bloom.bg/2jDeoOa
Most-read stories from Davos 2017 – Trump, Shakira, Jack Ma and more http://wef.ch/2jVsN8g
Good morning from Davos. What did I learn at #wef17? For 1st time there is absolutely no consensus among elite what will happen. Scares me!
Germany....
German FM warns of 'turbulent times' post Trump http://dlvr.it/N9cK96
German far-right party hosts 'European counter-summit' http://dlvr.it/N9GC3s
'Europe will wake up in 2017', Le Pen says in Germany http://dlvr.it/N9LVFv
France.....
Le Pen said EU is dead but it does not know this yet, stating that the bloc has failed in economically, socially as well as security-wise.
EN DIRECT - @montebourg : "Je souhaite bonne chance à @benoithamon et l'assure de mon soutien" #PrimaireBFMTV
http://www.bfmtv.com/mediaplayer/live-video/ …
http://www.bfmtv.com/mediaplayer/live-video/ …
Translated from French by Bing
LIVE - @montebourg: "I wish good luck to @benoithamon and assure him of my support" #PrimaireBFMTV 📺 http://www.bfmtv.com/mediaplayer/live-video/ …
The french socialist seem to know what they need. Will that be sufficient?
Looks like Hamon and Valls on to the second round in French Socialist Primary.
Résultats partiels du 1er tour des
Looks like pretty low turnout in French Socialist party presidential primary
France Left Primary: low turnout shows socialists have become marginalized NEWS >> http://ift.tt/2jNKSY1 #news #…
France's Socialists vote on Sunday in the first round of a presidential primary - candidates include former prime minister Manuel Valls.
French Socialists battle for relevance in Socialist primary http://dlvr.it/N9cKCQ
France launches inquiry into toothpaste cancer risk http://dlvr.it/N9FGsJ
Italy.....
African asylum seekers join avalanche relief effort http://dlvr.it/N9d7Wk
No signs of life on fourth day of Italian avalanche rescue http://dlvr.it/N9d7Hq
Pope warns against populism and 'saviours' like Hitler http://dlvr.it/N9cl9J
23 now feared dead at Italian hotel hit by avalanche http://dlvr.it/N9LvVH
Odds & Ends.....
Libya.....
NCHRL stands in solidarity with all Libyans-especially in the South , where people live under a complete breakdown of all basic services.
CBL deposits 4.8 BN LYD into the PC/ GNA account for Q1 - 2017 "Budget" aka Temporary Financial Arrangement.
Updates as to water and power shortages ( and repair status ) - as well as political and security related items.
Ageilah Saleh and Abdullah al-Thinni discuss situation in southern #Libya
http://alwasat.ly/ar/news/libya/130764/ …
Interim Government condemns attempt to blow up Italian embassy in Tripoli
Power returns to south Libya after 15 days of outage
https://goo.gl/MTUfqZ
Not a promising development....
Libya's fate not in its own hands says former UN envoy Ibrahim Dabbashi - https://www.libyaherald.com/2017/01/21/libyas-fate-not-in-its-own-hands-says-former-un-envoy-ibrahim-dabbashi/ …
PC deputy Miateg lashes out at General Haftar- after unity gov Foriegn Min tells #Egypt to drop contact with him https://www.libyaherald.com/2017/01/21/hafter-is-just-a-militiaman-with-good-propaganda-says-maetig/ …
Hafter is just a militiaman with good propaganda says Maetig - https://www.libyaherald.com/2017/01/21/hafter-is-just-a-militiaman-with-good-propaganda-says-maetig/ …
Second airstrike from Misrata Air Force / LDAF in two days against an armed group probably belonging to IS in the valleys near Bani Walid.
Car explodes in central Tripoli - https://www.libyaherald.com/2017/01/21/car-explodes-in-central-tripoli/ …
Members of the Tawergha elders council visit their city for the first time in 5 years. #Libya
http://alwasat.ly/ar/news/libya/130647/ …
News Roundup - Sat, Jan 21, 2017 - 9:51 pm https://www.libyaobserver.ly/inbrief/news-roundup-sat-jan-21-2017 …
UN envoy did attend. But there’s also an effort now by some nations to shunt him & find an alternative forum. #Libya
@JMJalel_H I mention that in my article. Kobler quiet for once. Nothing about LPA etc http://www.digitaljournal.com/news/world/op-ed-libya-s-neighbors-warn-competing-factions-against-military-action/article/484163 …
Syria......
Agreement reached to stop Ahrar Sham Jund al-Aqsa (JFS) infighting inc. releasing prisoners + withdraw from captured areas + form committee
#Idlib | Renew clashes between Ahrar al-Sham and Jund al-Aqsa in Ehsim and Ablin
#pt: One U.S. strike (in August 2015) struck a Jaish al-Sunnah arms depot in an agricultural out-building near Atmeh.
#pt: One U.S. strike (in January 2017) targeted a JFS-run training camp, killing 60-100 fighters, including 3 Nour al-Din al-Zinki members.
US will not send delegation to Syria peace talks in Kazakhstan, citing demands of transition, State Dept. says: http://abcn.ws/2jETk9R
Syria talks set to begin in Astana as ceasefire holds http://aje.io/wmgu
JFS commander Abo Mus'ab al-Jazrawi has been killed by a drone strike in Aqrabat, Idlib countryside
Al-Qaeda "rebel" (JFS) commander Abu Anees Al Jaza'iri was assassinated by an air strike in Idlib, Syria.
SAA take control of cemetery hill near pullman station which overlooks Junayd area south of DeirEzzor city
Hassan Ridha
In addition to Syrian Government & Opposition, Russia,Iran,Turkey have sent delegations, Kurds (KNC) + Turkmen (STM) will also participate
US says it will not send envoy to participate in Astana however their ambassador to Kazakhstan will attend the conference as an observer
Astana conference on Syria is scheduled to begin tomorrow as all participant delegations arrive in Kazakhstan
Iraq......
After liberating al-Malayin neighbourhood all that is left for the Iraqi Army to clear is al-Rashidiyah in eastern Mosul
Iraq announces sale of $1 billion in US-backed bonds http://read.bi/2k3VYpq
Trump: “We should have kept the oil [in Iraq], but, OK, maybe we’ll have another chance” http://bos.gl/UmwDLlg
In Mosul battle, Iraq forces face fewer IS-planted bombs http://u.afp.com/4qeq
Maybe 20 Americans will notice Trump said this, but everyone in Iraq and the mideast in general will
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