Africa

It appears Europe's refugee 'problem' is un-fixed again. Riot police were called in to break up a violent clash between hundreds of migrants and a 'vigilante group' near a Paris metro station. As The Daily Mail reports, footage from Stalingrad metro, where more than a thousand migrants have been living rough, showed hundreds of men brawling with metal poles and planks of wood.  

http://www.dailymail.co.uk/embed/video/1283518.html

Riot police used tear gas to disperse the crowd...

Brexit campaigners cried hypocrisy after Jeremy Corbyn changed his tune to back the Remain campaign in the EU referendum . David Cameron said he welcomed Mr Corbyn’s backing for EU membership Making his first major speech of the referendum campaign, Corbyn stood by past criticisms of the EU but said Britain had to remain in to fight for social reform. The Sun reports: As late as last summer the Islington MP refused to rule out campaigning for Brexit, having previously branded EU policies “crazy and immoral”.

Banks have been lobbying intensively against Brexit. Among those leading the charge is Goldman Sachs. For three years, the bank’s executives have publicly warned about the downsides of leaving the EU... and now we know why (hint - it's not concern for the common man).

As The Wall Street Journal reports, about a decade ago, Goldman launched project “Armada,” a plan for a hulking European headquarters on the site of an old telephone exchange in London.

Submitted by Rakesh Upadhyay via OilPrice.com,

OPEC-member Angola, which is dependent on oil for 95 percent of its export revenues, is facing an urgent cash flow problem, and the only way out is external help as the dominoes start to fall.

The latest confirmation of the pain global megabanks are suffering as a result of an abysmal trading environment, in no small part made even worse due to constant central bank tinkering, comes from Japan's largest brokerage, Nomura, which eight years after buying Lehman's European and Asian units has decided to fire 15% of its European staff and is abandoning most of its European equities business.