Europe

UK Foreign Secretary Philip Hammond says that he can not rule out a combat role for British troops in Libya. British ground troops, supported by the Air Force and Navy, may go to Libya to take action against ISIS in the future, Hammond said, just days after telling MPs that no such plans were in the works. RT reports: Foreign Secretary Philip Hammond made his remarks in a Telegraph interview on Sunday. Islamic State (IS, formerly ISIS/ISIL) are seeking to turn Libya into a “bolthole” for launching attacks on mainland Europe or Western ships at sea, Hammond argued.

As DB previews, the April FOMC gathering headlines a crowded economic events calendar this week.

Ahead of two key central banks events this week, the Fed announcement on Wednesday - in which Yellen is expected to do nothing and most likely will continue the dovish relent first seen a month ago - and then the BOJ on Thursday (which also mark the anniversary of the second longest and most artificial bull market in history) where Kuroda is increasingly expected to shock with something even more ridiculous, global shares have fallen modestly around the world as oil declined on signs a global surplus of crude is likely to persist.

From the supporters of Donald Trump to the street protesters of southern Europe, voters around the world are mad as hell. Inequality, immigration, and the establishment's perceived indifference are firing up electorates in a way that's rarely been seen before. As the following charts from Bloomberg show, the forces shaping the disruption of global politics have been building for years and aren't about to diminish...

The world's middle classes are getting poorer

Following Obama's stunning foray into UK politics with his anti-Brexit oped (which surprised both the pro and anti-Brexit camp as there was little to be gained from Obama's gracious entrance of an elephant in a UK political China store) on Thursday evening, one person who had a rather visceral reaction was London Mayor Boris Johnson who slammed Obama's "hypocritical" Brexit diatribe and accused Obama "ancestral dislike of the British empire – of which Churchill had been such a fervent defender" on being part-Kenyan.