European Union

Submitted by Soeren Kern via The Gatestone Institute,

• An estimated 40,000 cars are burned in France every year - a destruction often attributed to rival Muslim gangs. Every day, more than 80 cars are burned.

• Global Stocks Face Fresh Losses (WSJ)
• European stocks lick wounds after mauling, oil steady (Reuters)
• Hang Seng Index Sinks Below Net Assets for First Time Since 1998 (BBG)
• U.S. Hedge Funds Boast Lower Losses as Markets Tumble Further (NYT)
• Deutsche Bank Drops as Investment Bank Revenue Concerns Mount (BBG)
• Islamic State Uses Syria’s Biggest Dam as Refuge and Potential Weapon (WSJ)
• Goldman-run funds most popular with Republican candidates, disclosures show (Reuters)

Via The New York Review of Books,

The following is a revised version of an interview between George Soros and Gregor Peter Schmitz of the German magazine WirtschaftsWoche.

Gregor Peter Schmitz: When Time put German Chancellor Angela Merkel on its cover, it called her the “Chancellor of the Free World.” Do you think that is justified?

Back in September, when Berlin and Brussels were busy devising a quota plan to settle the millions of Mid-East asylum seekers flooding into the country, Slovakia said that if Germany called for financial penalties against countries unwilling to accommodate their “share” of migrants, it would be “the end of the EU.”

Over the past week, Poland's relations with Europe have gone from cordial to abysmal, when first Poland's new Eurosceptic government compared the EU and Merkel to Nazis, with Polish weekly Wprost releasing the following cover saying "they want to supervise Poland again"...

... only for Brussels to retaliate and launch an "unprecedented" review of Polish media laws, a move which Poland angrily responded is far beyond the EU's domain.