I respect Le Pen’s ideologies, says Barnier as he calls French borders ‘sieves’
Germany to tighten border controls after stabbing >>> Deputy federal chairman of the Federal Police Union: 'The crisis in Germany's security is a direct consequence of Schengen's ineffective policies. Schengen's inability to manage migration effectively has put Germany's safety at stake. Germany must realize the current failure of Schengen and either make a concerted effort to return to the current legal situation or terminate Schengen.’
Ukraine-Russia war latest: Massive Ukrainian drone attack hits nine Russian regions including Moscow
Draghi’s report risks colliding with EU political reality >>> not the 'whatever it takes' from 2012
Yellen 'probably done' when Biden ends term, may meet Chinese counterpart soon >>> Who will clean this up ? By issuing nearly $2T of T-Bills, Janet Yellen succeeded in suppressing bond volatility in an election year, now - this paper has to be rolled over #duration
Biggest US Banks’ Capital hike chopped in half in latest plan by Regulators >>> ''shaky Florida condo market'' and commercial real estate market the reason ?
Falling interest rates in and of itself is positive especially positive for cyclical stocks, JPM is uncomfortable about the growth environment. Its preferred trade in anticipation of Fed rate cuts is small vs. large caps
MS leaves its baseline view of a 25bps Fed rate cut in Sept unchanged after the Aug employment data, labour market is cooling, but not perilously so, appears to be shared by FOMC members, as evident from the speeches of NY Fed President Williams and Fed Board Governor Waller
Chinese refiners are reportedly purchasing approximately 16 million barrels of oil monthly to refill the nation's Strategic Petroleum Reserve, taking advantage of the current low oil prices, according to Bloomberg's insights from Energy Aspects
EU top court rules Apple must pay €13bn in back taxes
Car giants are being forced to confront some hard truths over the EV transition
Ukraine-Russia war latest: Massive Ukrainian drone attack hits nine Russian regions including Moscow (msn.com)
Javier Blas on X: "COLUMN: The end of Big Oil's Big Bonanza. For the last 2½ years, Exxon, Chevron, Shell, TotalEnergies and BP have showered investors with multi-billion dollar buybacks. The pace of those share repurchases is now set to slowdown. #OOTT @Opinion https://t.co/f2OQnkezmP" / X
is this why ?
John Devaney on X: "There are tens of billions of defaulted or soon to default Class A and B office loans in Democrat run city's in the US such as San Fran, Philly, Chicago, Denver, St. Louis and parts of NYC This is as bad as the financial crisis in those cities. I know, as I'm a leading market https://t.co/hG5OBQ82KV" / X >>> Hopefully this won’t play out as badly as he thinks - huh
Battery maker Northvolt to cut costs, explore partnerships | Reuters tough place to be at the moment
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