Europe.....
Evening wrap.....
Doing the time warp again....
UK moving toward military action against ISIS in Libya. Following similar inclination of France ?
Turkey yet to address refugee flows, says PM http://dlvr.it/CzhfCB
Worried Italians seek to sell out of bank bonds http://cnb.cx/1OWlqJ5 Sellers heading to the exits - and how crowded are they ?
Syrian refugees walk along the roads of the town of Idomeni, northern Greece to cross the border and enter Macedonia
No one insults The Sultan..
SoberLook.com
Chart: Brent crude down 5.5%; amazing ...
China has 2 days to halt the Fed rate hike
'Anything but Le Pen': French turn to tactical voting to stop far right http://gu.com/p/4f259/stw
CHINA'S CENTRAL BANK SIGNALS INTENTION TO LOOSEN YUAN'S PEG TO U.S. DOLLAR
Italy blocking EU extension of sanctions on Russia.
MNI: EU Split on Greece Debt Relief; IMF Role Questionable
Majority of Germans disagree w Merkel's "Wir schaffen das" refugee policy, acc to TNS-Emnid/Focus #Germany poll.
49% disagree
44% agree
Two detained in Finland over ISIS executions in Tikrit | Yle Uutiset | yle.fi http://yle.fi/uutiset/8518806 Yes , ISIS is in Europe !
#Oil Crash: Next key level for Brent is 2008 intraday low of $36.20 (and $36.61 close) http://www.bloomberg.com/news/articles/2015-12-11/iea-sees-oil-glut-lasting-until-late-2016-as-opec-keeps-pumping … #OPEC
Ukraine pushed to mend fences with Russia to keep IMF rescue http://bloom.bg/1jSfxj5 via @markets
Morning report....
Alleged #ISIS executioners featured in youtube video of Tikrit massacre arrested in Finnish #refugee centre: http://yle.fi/uutiset/two_detained_in_finland_over_isis_executions_in_tikrit/8518806 …
My thoughts for @OpenEurope blog ahead of 2nd round of French regional election. Moment of truth approaches. http://openeurope.org.uk/blog/french-regional-elections-moment-of-truth-approaches/ … #France
There goes the planet: Global #climate talks stumble near finish line http://www.reuters.com/article/idUSKBN0TU0H520151211 …
AUSTRIA REPATRIATES 15 MILLION TONNES OF GOLD FROM LONDON
Greek government and creditors agree on selloff fund, ADMIE, continue talks on NPLs http://www.ekathimerini.com/204240 #Greece
Tsipras defends policy decisions on bank recapitalization, migration http://dlvr.it/CzTldC
RUSSIAN KEY RATE LEFT UNCHANGED AT 11.00%, AS EXPECTED
#Greece and lenders seen inching towards deal on #ADMIE. http://www.macropolis.gr/?i=portal.en.economy.3432 … #economy #privatisation #PPC #energy #ec #imf
Debate fiasco sends Spain's struggling socialists plummeting in the polls http://bit.ly/1lA9FwA @PodemosInter
October industrial production up - Istat - English - ANSA.it http://www.ansa.it/english/news/business/2015/12/11/october-industrial-production-up-istat_c8b3e967-cf2b-42ca-b275-eb79f362bde4.html …
Ruble tracking oil price beautifully, buffering weak Russian economy. CBR governor doing a great job.
BRENT CRUDE FALLS TO $39.31/BBL, LOWEST PRICE SINCE 2008
#Germany refugee spending could reach €55bn/year, Kiel Institute for the World Economy says in scenario-based calculations. (BBG)
EU said to delay #Russia sanctions decision on Italian concerns. (BBG)
#Oil heads for worst week since March as IEA sees global glut lasting until late 2016. http://bloom.bg/1Ol0jvh
#ECB's Draghi has wiped out a market cap of around $1.3trn in global stock markets w/ his communication failure.
Where has all the ECB money gone? #ECB Eurosystem excess liquidity rises to €592.5bn, highest level since 2013.
Carbon prices drop as Paris climate talks enter ‘Crunch Time’ with divisions over deal. http://bloom.bg/1OUvQJg
Emerging markets and Asia.....
South African Rand continues its fall, hits fresh historic low.
Nigeria's Naira currency hits record low vs USD
Shanghai Composite trades down as Yuan's further depreciation deepens worries of capital outflow. #China
#China enters currency war: Yuan falls to 4-1/2y low as Central Bank steps back. http://reut.rs/1Y0DEz0
Good morning from Berlin. Asia stock markets slip on commodity sell-off and #China Yuan hits 4-1/2y low.
China 'Stealth' Devaluation Continues - Yuan Plunges For 6th Day, Default Risk Soars, Fosun Bonds Crash http://www.zerohedge.com/news/2015-12-10/china-stealth-devaluation-continues-yuan-plunges-6th-day-default-risk-soars-fosun-bo …
Credit Suisse Warns On China: "Some Companies Are Having To Borrow To Pay Staff Salaries" http://www.zerohedge.com/news/2015-12-10/credit-suisse-warns-china-some-companies-are-having-borrow-pay-staff-salaries …
Chinese Executives love the Game of HIDE-AND-SEEK ??
Where're you...?
(pic from http://www.cutestpaw.com )
Oops... New restriction on ATM (UnionPay) card overseas withdrawal effective Jan.01 2016:
Limitation of 10k RMB daily to 100k RMB per year.
List of Fosun Int'l overseas stake:-
BREAKING: 2 flagship firms of China's largest private enterprise Fosun Group suspend stock trading from 9am today after Chair Guo "missing"
Fosun Listed Units Halted Amid Questions About Founder's Whereabouts: Fosun Group halted tr... http://on.wsj.com/1Q6diHj #StockMarket #nTLD
Refugee Situation .....
"The EU has chosen to flex its muscle w/ its weakest member", scapegoating Greece in refugee crisis. By @nmalkoutzis
#EU rapid reaction border forces to include up to 1,200 people
http://sptnkne.ws/ap26
#RefugeeCrisis
Great reporting on the shameful, shambolic response to the #refugeecrisis on #Lesbos
In photos: 53 photographs from 2015 testify to the Syrian #RefugeeCrisis http://bit.ly/1OT8dAL
Commissioner for Human Rights at @CoE calls #Europe response to refugee crisis "disastrous" http://www.coe.int/en/web/commissioner/-/european-countries-migration-and-asylum-policies-have-been-disastrous?redirect=http://www.coe.int/en/web/commissioner/home?p_p_id=101_INSTANCE_iFWYWFoeqhvQ&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_count=4 …
Refugee crisis: We talk to the Syrian women left behind and struggling to survive http://s.telegraph.co.uk/graphics/projects/refugee-crisis-women-left-behind/index.html …
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