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Erdogan Accuses The West Of Caring More For Wildlife Than Syrian Lives

Turkey’s President Erdogan believes that western countries care more about the rights of animals and gay people than the plight of 23 million Syrians. RT reports: “Shame on those who deny the sensitivity they show to the whales, seals and turtles in the sea to the right to life of 23 million Syrians,” Anadolu Agency quoted Erdogan as saying. “Shame on those who put their security, welfare and comforts ahead of other people’s survival,” the Turkish president said, addressing the crowd in the northwestern province of Kocaeli.

Liquidity Problems? Deutsche Bank Offers 5% Yields If Depositors Lock Up Their Money For Three Months

Liquidity Problems? Deutsche Bank Offers 5% Yields If Depositors Lock Up Their Money For Three Months

One of the reasons why central banks around the globe have flooded the financial system with trillions in excess reserves is to make sure that banks no longer have to rely on potentially fleeting short term deposits (and is also why negative interest rates have become the norm in so many part of the world, that $10 trillion in bills and bonds now trade with a negative yield).

Germany Changes Stance, Will Spend Almost €100 Billion To Assist Refugees

Germany Changes Stance, Will Spend Almost €100 Billion To Assist Refugees

It looks like the politics in Germany are set to go from bad to worse, as Reuters is reporting that the German government is planning on spending €93.6 billion by the end of 2020 on costs related to the refugee crisis. This is an interesting turn of events, as just last month German lawmakers were discussing banning welfare payments to refugees.

Reuters has the details:

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