P.O. Global economy at risk because of a monetary policy black hole

P.O. Global economy at risk because of a monetary policy black hole Mr Summers is quite right in identifying to problem.However he stops short of saying the reason for it all.I have to state that I never voted in the left in my life.According to the United Nations, 1% of the World population owns 99% … Continue reading P.O. Global economy at risk because of a monetary policy black hole

(BBC) Catalonia leaders jailed for sedition by Spanish court

(BBC) Spain’s Supreme Court has sentenced nine Catalan separatist leaders to between nine and 13 years in prison for sedition over their role in an independence referendum in 2017. Three other defendants were found guilty of disobedience and fined, but will not serve prison sentences. The 12 politicians and activists had all denied the charges. … Continue reading (BBC) Catalonia leaders jailed for sedition by Spanish court

(GUA) Turkey-Syria offensive: Kurds reach deal with Damascus to stave off assault

(GUA) Agreement to hand over border towns comes after more than 700 Isis affiliates escape camp Kurdish-led forces in control of north-east Syria have reached a deal with the Assad regime to stave off a bloody five-day-old Turkish assault, as more than 700 people with links to Islamic State have escaped from a detention camp in the … Continue reading (GUA) Turkey-Syria offensive: Kurds reach deal with Damascus to stave off assault

(GUA) Poland’s populist Law and Justice party increases its majority

(GUA) Early results of parliamentary election show party has done even better than four years ago Poland’s ruling nationalist Law and Justice party has won Sunday’s parliamentary election, doing better than when it swept to power four years ago, according to nearly complete results. According to official results from 91% of constituencies published by the … Continue reading (GUA) Poland’s populist Law and Justice party increases its majority

(Echos) BCE : Jean-Claude Trichet prend la défense de Mario Draghi

(Echos) Le prédécesseur de Mario Draghi à la tête de la Banque centrale européenne estime que les critiques contre l’Italien ne rendent pas justice au bilan de l’institution. Jean-Claude Trichet a été président de la BCE de 2003 à 2011. ShutterstockPar Étienne GoetzPublié le 14 oct. 2019 à 10h59 Face aux violentes attaques contre Mario Draghi, … Continue reading (Echos) BCE : Jean-Claude Trichet prend la défense de Mario Draghi

(BBG) Kim Jong Un May Be Hiding a Hog Apocalypse From the World

(BBG)  African swine fever is said to have spread across North Korea  Virus risks becoming endemic, dispersing to neighboring states By official accounts, the pig contagion wreaking havoc across Eastern Asia has virtually skipped over North Korea, with a single outbreak reported there in May. But wayward feral pigs have stoked concern that Kim Jong Un’s reclusive … Continue reading (BBG) Kim Jong Un May Be Hiding a Hog Apocalypse From the World

(BBC) Nobel Peace Prize: Ethiopia PM Abiy Ahmed wins

(BBC) The 2019 Nobel Peace Prize has been awarded to Ethiopian Prime Minister Abiy Ahmed who made peace last year with bitter foe Eritrea. He was awarded the prize for his efforts to “achieve peace and international cooperation”. Mr Abiy’s peace deal with Eritrea ended a 20-year military stalemate following their 1998-2000 border war. He … Continue reading (BBC) Nobel Peace Prize: Ethiopia PM Abiy Ahmed wins

(BBC) Brexit: Donald Tusk receives ‘promising signals’ from Irish PM

(BBC) European Council President Donald Tusk has said he received “promising signals” from Irish PM Leo Varadkar that a Brexit deal is still possible. His comments came as Brexit Secretary Steve Barclay and EU chief negotiator Michel Barnier resumed talks. Afterwards, Mr Barnier likened Brexit to “climbing a mountain”. The UK is due to leave … Continue reading (BBC) Brexit: Donald Tusk receives ‘promising signals’ from Irish PM

(IBT) Countdown To Brexit: ‘Pathway To Deal’ Possible, Boris Johnson, Leo Varadkar Say

(IBT) British Prime Minister Boris Johnson and Irish Taoiseach Leo Varadkar said Thursday they see a “pathway to a possible deal” following three hours of private talks ahead of the Oct. 31 deadline for the United Kingdom to leave the European Union. Johnson hosted Varadkar at a country house in northwest England after which they … Continue reading (IBT) Countdown To Brexit: ‘Pathway To Deal’ Possible, Boris Johnson, Leo Varadkar Say

(CNBC) Sterling jumps as UK and Irish leaders say there is a pathway to a possible Brexit deal

(CNBC) U.K. and Irish leaders meet in North West England. Both commit to a statement claiming “a pathway to a possible deal” on Brexit. Sterling rises to a session high as reporters suggest movement from the U.K. on Irish customs checks. British Prime Minister Boris Johnson (L) speaks to the media ahead of his meeting … Continue reading (CNBC) Sterling jumps as UK and Irish leaders say there is a pathway to a possible Brexit deal

(ZH) EU Must Reject Turkey’s ‘Blackmail’ On Syrian Refugees, Urges Italy’s Conte

(ZH) update: Though Erdogan has been used to getting his way utilizing his well-known bullying tactics, it appears Europe is not going to fold this time. After yesterday European Commission President Jean-Claude Juncker declared of Turkey’s push to militarily carve out a ‘safe zone’ in northern Syria that“if the Turkish plan involves the creation of a so-called safe zone, don’t expect … Continue reading (ZH) EU Must Reject Turkey’s ‘Blackmail’ On Syrian Refugees, Urges Italy’s Conte

(Reuters) Taiwan leader rejects China’s ‘one country, two systems’ offer

(Reuters) TAIPEI (Reuters) – Taiwan’s president rejected on Thursday a “one country, two systems” formula that Beijing has suggested could be used to unify the island and the mainland, saying such an arrangement had set Hong Kong “on the edge of disorder”. President Tsai Ing-wen also vowed in a National Day speech to defend Taiwan’s … Continue reading (Reuters) Taiwan leader rejects China’s ‘one country, two systems’ offer

P.O. If Professor Mario Centeno was exceptionnally successfully in Portugal as Finance Minister, why wouldn’ he be equally successfull as Chairman of the Eurogroup?

O.P. “Habemus Acordo”“Habemus Deal@Wrote Professr Centeno in his Twitter account  refering to a deal reached on a budgetary instrument aggreement for the euro area to be announced this morning in a press conference at 08:30 this morning.The former Finance Minister of Germany called him the “Cristiano Ronaldo of the Eurogroup”I have to say, on a … Continue reading P.O. If Professor Mario Centeno was exceptionnally successfully in Portugal as Finance Minister, why wouldn’ he be equally successfull as Chairman of the Eurogroup?

(OBS) Centeno anuncia orçamento de 17 mil milhões para a Zona Euro

(OBS) Mário Centeno confirmou, via Twitter, que já havia acordo sobre instrumento orçamental para a zona euro. Anuncio foi feito esta quinta-feira. 17 mil milhões de euros. Será este o valor do orçamento para a Zona Euro destinado ao investimento e reformas, anunciou o Eurogrupo esta quinta-feira em conferência de imprensa sobre o Instrumento Orçamental para … Continue reading (OBS) Centeno anuncia orçamento de 17 mil milhões para a Zona Euro

(EUobserver) European Jews call for ‘united front’ after German attack

(EUobserver) Jewish leaders have raised alarm on the climate of hate in Europe after an antisemitic attack in Germany killed two people on Wednesday (9 October). “Unfortunately the time has come when all Jewish places of worship and Jewish communal sites [in Germany] need to have enhanced round-the-clock security provided by state security services,” Ronald … Continue reading (EUobserver) European Jews call for ‘united front’ after German attack

(BBC) Turkey launches air strikes on Syria border area

Turkey has launched a ground and air offensive on territory held by Kurdish-led forces in northern Syria. Residents began to flee some areas, and plumes of smoke were seen rising from towns near the border. President Recep Tayyip Erdogan said the operation was to create a “safe zone” cleared of Kurdish militias, which will also … Continue reading (BBC) Turkey launches air strikes on Syria border area

(Reuters) EU warns of 5G cybersecurity risks, stops short of singling out China

(Reuters) BRUSSELS (Reuters) – The European Union warned on Wednesday of the risk of increased cyber attacks by state-backed entities but refrained from singling out China and its telecoms equipment market leader Huawei Technologies as threats. The comments came in a report prepared by EU member states on cybersecurity risks to next-generation 5G mobile networks seen … Continue reading (Reuters) EU warns of 5G cybersecurity risks, stops short of singling out China

(BBG) Fidelity Joins Price War With Zero Commissions on Online Trades

(BBG)  Firm says it offers an edge with trade execution, cash yields  Move is latest in series of fee cuts by Boston-based company Fidelity Investments is crashing the free-trading party, challenging rivals in a gambit to lure assets by ending commissions. The firm will offer not only zero commissions for online buying and selling of U.S. … Continue reading (BBG) Fidelity Joins Price War With Zero Commissions on Online Trades