While Sweden's seemingly self-imposed refugee crisis continues to roil the nation's population, it appears a different and potentially just as problematic social unrest looms. As Gatestone reports, for the last few years, immigration-welcoming Sweden has been overwhelmed with Roma beggars from Romania and Bulgaria who have turned "panhandling into an occupation."
Over the weekend we reported that in a scathing Spiegel article the German financial media outlet let loose at the ECB with a report according to which Germany is now "taking aim" at the ECB as a result of the imminent launch of Helicopter Money by the Frankfurt-based central bank.
Spiegel even suggested that the German finance ministry would go so far as to sue the ECB to prevent this final monetary paradrop in a desperate attempt to stimulate (hyper)inflation:
While the market is still enjoying the post-NFP weekly data lull, economic data starts to pick up again in the coming days, alongside the start of the reporting season. Below are this week's key events.
From DB, a brief recap of all upcoming global events:
With a particularly quiet start to the week today and no notable releases due out, we’re jumping straight ahead to tomorrow where the early data is out of Germany with the confirmation of the final March CPI data.
it has been a rather quiet session, which saw Japan modestly lower dragged again by a lower USDJPY which hit fresh 17 month lows around 170.6 before staging another modest rebound and halting a six-day run of gains; China bounced after a slightly disappointing CPI print gave hope there is more space for the PBOC to ease; European equities rose, led by Italian banks which surged ahead of a meeting to discuss the rescue of various insolvent Italian banks, while mining stocks jumped buoyed by rising metal prices with signs of a pick-up in Chinese industrial demand.
by Ron Paul
On Sunday Ukrainian prime minister Yatsenyuk resigned, just four days after the Dutch voted against Ukraine joining the European Union. Taken together, these two events are clear signals that the US-backed coup in Ukraine has not given that country freedom and democracy. They also suggest a deeper dissatisfaction among Europeans over Washington’s addiction to interventionism.